The Moat Index

Compare moats, side by side.

Two to four companies, scored on the same four filters from their SEC filings — so the comparison is apples to apples. The method is fully public.

YEXT, INC.

YEXT · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

NCR VOYIX CORPORATION

VYX · Technology · Shallow moat

Shallow moat

On the watchlist

COSTAR GROUP, INC.

CSGP · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

APi Group Corporation

APG · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

Measure	YEXT	VYX	CSGP	APG
Moat Score (0–100)	51	52 (highest)	52 (highest)	51
Pricing power	100 (highest)	100 (highest)	100 (highest)	29
Returns on capital	12	55 (highest)	35	35
Balance-sheet safety	65	28	55	100 (highest)
Capital discipline	24	0	0	60 (highest)
Margin of safety	No price data	80% below value (highest margin of safety)	263% above value	2225% above value
Market cap	$656.5M	$1.1B	$12.4B	$17.3B
Moat tier	Shallow moat	Shallow moat	Shallow moat	Shallow moat
Filings as of	FY2026	FY2025	FY2025	FY2025

Scores reflect business quality, not buy/sell signals. Educational only — not investment advice, and not a recommendation on any company shown. See the methodology and disclaimer.