The Moat Index

The widest moats in the scored universe.

The 100 widest Communications moats — of 135 scored nightly from primary SEC filings, 0–100 on five investor questions. Higher means a more durable business. The method is fully public; the full universe is in the A–Z directory and the sector hubs.

Current score records: moat-index@2.0.0.

Every scored Communications company, not just these 100 →

The map — moat vs. price · Communications

Wonderful & on sale — Wide moat, ≥10% below high estimateThe rest of the scored set
60708090100+100%+50%+25%+10%0%−25%−100%−500%≤ −2500%Wonderful & on saleOn sale, narrower moatNarrower moat, not on saleWide moat, not on saleMoat Score → stronger businessDiscount → cheaper vs. high estimate

Dividers sit at Moat Score 80 (a Wide moat) and at 10% below conservative value — the same bars the methodology uses. The x-axis starts at 55 because this set is the top of the Index; the vertical scale is compressed beyond ±25% (every tick shows its true value), and anything priced more than 26× value sits on the "≤ −2500%" line — hover a dot (or open the table) for its exact reading. 58 companies have no recent price data and aren't plotted — the table view lists them.

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The 100 widest · Communications

Watchlist#CompanyTickerSectorMkt capMoat ScoreMoatPrice vs. high estimate
1Table Trac INCTBTCCommunications$20.4M87Wide moat30% below high estimate
2T-Mobile US, Inc.TMUSCommunications$211.2B85Wide moat4% above high estimate
3NETFLIX INCNFLXCommunications$289.9B82Wide moat197% above high estimate
4BUTLER NATIONAL CORPBUKSCommunications$315.3M75Narrow moat40% above high estimate
5KUBER RESOURCES CORPORATIONKUBRCommunications73Narrow moatNo price data
6Galaxy Gaming, Inc.GLXZCommunications$38.0M72Narrow moat293% above high estimate
7Accel Entertainment, Inc.ACELCommunications71Narrow moatNo price data
8Rush Street Interactive, Inc.RSICommunications69Narrow moatNo price data
9OneSpaWorld Holdings LimitedOSWCommunications68Narrow moatNo price data
10FULLNET COMMUNICATIONS INCFULOCommunications$6.8M67Narrow moat43% below high estimate
11Parks! America, Inc.PRKACommunications$29.4M67Narrow moat264% above high estimate
12IDT CORPIDTCommunications$1.6B66Narrow moat119% above high estimate
13CLEARTRONIC, INC.CLRICommunications$1.2M66Narrow moat97% above high estimate
14PLANET FITNESS, INC.PLNTCommunications65Narrow moatNo price data
15AST SpaceMobile, Inc.ASTSCommunications$16.2B64Narrow moatNo price data
16Life Time Group Holdings, Inc.LTHCommunications$9.3B61Narrow moat1006% above high estimate
17GLOBALSTAR, INC.GSATCommunications$151.5B60Narrow moatNo price data
18QWEST CORPCTGGCommunications$1757Shallow moatNo price data
19Calix, IncCALXCommunications$2.5B55Shallow moat672% above high estimate
20Warner Music Group Corp.WMGCommunications55Shallow moatNo price data
21Comcast CorporationCMCSACommunications55Shallow moatNo price data
22Canterbury Park Holding CorpCPHCCommunications$81.1M55Shallow moat3% below high estimate
23ZIFF DAVIS, INC.ZDCommunications$2.0B54Shallow moat7% above high estimate
24MADISON SQUARE GARDEN ENTERTAINMENT CORP.MSGECommunications$3.7B53Shallow moat789% above high estimate
25Crexendo, Inc.CXDOCommunications$241.8M53Shallow moat1014% above high estimate
26VERIZON COMMUNICATIONS INCVZCommunications$184.7B53Shallow moat5% below high estimate
27SIRIUS XM HOLDINGS INC.SIRICommunications$10.1B53Shallow moat13% above high estimate
28NEXSTAR MEDIA GROUP, INC.NXSTCommunications$5.6B53Shallow moat53% below high estimate
29LIVE NATION ENTERTAINMENT, INC.LYVCommunications$41.9B53Shallow moat660% above high estimate
30WALT DISNEY CO/DISCommunications$182.7B52Shallow moat366% above high estimate
31NEWSMAX INC.NMAXCommunications$883.0M52Shallow moatNo price data
32Adeia Inc.ADEACommunications$3.0B51Shallow moat74% above high estimate
33Vail Resorts, Inc.MTNCommunications$5.3B51Shallow moatAround the high estimate
34COGENT COMMUNICATIONS HOLDINGS, INC.CCOICommunications$635.8M51Shallow moat211% above high estimate
35SPOK HOLDINGS, INC.SPOKCommunications$219.7M51Shallow moat24% above high estimate
36United Parks & Resorts Inc.PRKSCommunications51Shallow moatNo price data
37Warner Bros. Discovery, Inc.WBDCommunications$64.1B50Shallow moat160% above high estimate
38GOLIATH FILM AND MEDIA HOLDINGSGFMHCommunications$48637750Shallow moatNo price data
39TECHTARGET, INC.TTGTCommunications$259.5M49Shallow moatNo price data
40AMC Global Media Inc.AMCXCommunications$590.2M48Shallow moat65% below high estimate
41Reservoir Media, Inc.RSVRCommunications$670.5M48Shallow moat89% above high estimate
42Angel Studios, Inc.ANGXCommunications$730.5M46Shallow moatNo price data
43EchoStar CorporationECHOCommunications$27.3B46Shallow moat823% above high estimate
44American Picture House CorporationAPHPCommunications$11.6M45Shallow moatNo price data
45Optimum Communications, Inc.OPTUCommunications44Shallow moatNo price data
46Six Flags Entertainment Corporation/NEWFUNCommunications$1.8B44Shallow moatNo price data
47TKO GROUP HOLDINGS, INC.TKOCommunications$35.3B44Shallow moat1524% above high estimate
48KVH Industries, Inc.KVHICommunications$181.7M44Shallow moatNo price data
49Churchill Downs IncCHDNCommunications$5.8B43Shallow moat25% above high estimate
50TELEPHONE AND DATA SYSTEMS, INC.TDSCommunications$3.8B43Shallow moatNo price data
51SPIRE GLOBAL, INC.SPIRCommunications$372.5M42Shallow moatNo price data
52LUCKY STRIKE ENTERTAINMENT CORPORATIONLUCKCommunications$1.0B42Shallow moatNo price data
53DRAFTKINGS INC.DKNGCommunications$11.8B42Shallow moatNo price data
54URBAN ONE, INC.UONECommunications$22.2M42Shallow moat2% below high estimate
55GAIA, INCGAIACommunications$50.7M41Shallow moatNo price data
56FuboTV Inc.FUBOCommunications$3.2B41Shallow moatNo price data
57Anterix Inc.ATEXCommunications$2.0B41Shallow moatNo price data
58ENTRAVISION COMMUNICATIONS CORPEVCCommunications$987.5M40Shallow moatNo price data
59LIBERTY BROADBAND CORPORATIONLBRDACommunications$4.3B40Shallow moat55% below high estimate
60Roku, Inc.ROKUCommunications$21.3B40No moatNo price data
61Pursuit Attractions and Hospitality, Inc.PRSUCommunications$1.5B40No moat482% above high estimate
62VIASAT, INC.VSATCommunications$10.1B39No moatNo price data
63LIMITLESS X HOLDINGS INC.LIMXCommunications$16.0M39No moatNo price data
64HIGH WIRE NETWORKS, INC.HWNICommunications$16301438No moatNo price data
65Uniti Group Inc.UNITCommunications$2.6B38No moat150% above high estimate
66VNUE, Inc.RDCTCommunications37No moatNo price data
67Seaport Entertainment Group Inc.SEGCommunications$335.9M37No moatNo price data
68NextPlat CorpNXPLCommunications$160.6M37No moatNo price data
69ESPORTS ENTERTAINMENT GROUP, INC.GMBLCommunications$40869037No moatNo price data
70Liberty Global Ltd.LBTYACommunications$3.5B37No moat81% below high estimate
71MOBILE GLOBAL ESPORTS INC.MGAMCommunications$2793736No moatNo price data
72GOGO INC.GOGOCommunications$484.2M36No moat53% below high estimate
73Lumen Technologies, Inc.LUMNCommunications$6.9B36No moatNo price data
74THE ARENA GROUP HOLDINGS, INC.ARENCommunications$52.8M35No moatNo price data
75SPHERE ENTERTAINMENT CO.SPHRCommunications$6.4B35No moatNo price data
76Shenandoah Telecommunications CompanySHENCommunications$633.0M35No moat609% above high estimate
77Our Bond, Inc.OBAICommunications$7.4M35No moatNo price data
78CURIOSITYSTREAM INC.CURICommunications$152.1M35No moatNo price data
79Liberty Latin America Ltd.LILACommunications$1.4B35No moatNo price data
80Falcon’s Beyond Global, Inc.FBYDCommunications$413.2M34No moatNo price data
81Iridium Communications Inc.IRDMCommunications34No moatNo price data
82Saga Communications, IncSGACommunications$55.9M34No moat45% below high estimate
83GAMESQUARE HOLDINGS, INC.GAMECommunications$41.4M33No moatNo price data
84Charter Communications, Inc.CHTRCommunications33No moatNo price data
85Cineverse Corp.CNVSCommunications$58.8M32No moatNo price data
86ARRAY DIGITAL INFRASTRUCTURE, INC.ADCommunications$2.9B32No moat335% above high estimate
87Cable One, Inc.CABOCommunications$212.1M32No moat91% below high estimate
88STUBHUB HOLDINGS, INC.STUBCommunications$2.9B31No moat1210% above high estimate
89ALL IN FUTURETECH ALLIANCE, INC.AIFACommunications$77.3M31No moatNo price data
90MediaCo Holding Inc.MDIACommunications$81.0M30No moatNo price data
91ATN INTERNATIONAL, INC.ATNICommunications$356.3M29No moatNo price data
92MARCUS CORPMCSCommunications29No moatNo price data
93Cumulus Media IncCMLSCommunications$8720028No moatNo price data
94KARTOON STUDIOS, INC.TOONCommunications$32.7M27No moatNo price data
95AT&T INC.TCommunications$155.8B27No moat8% below high estimate
96SURGEPAYS, INC.SURGCommunications$6.3M27No moatNo price data
97GCI Liberty, Inc.GLIBACommunications$691.9M27No moatNo price data
98BEASLEY BROADCAST GROUP, INC.BBGICommunications$38.3M27No moatNo price data
99HAMMER TECHNOLOGY HOLDINGS CORP.HMMRCommunications$6.6M26No moatNo price data
100iQSTEL Inc.IQSTCommunications$5.1M26No moatNo price data