Private research terminal
One company at a time.
Held to a higher bar.
MOAT analyses public companies through the lens of free cash flow and return on capital — the two questions that actually separate compounders from optical-quality stocks. Pulled directly from SEC filings. Computed in seconds. Rendered with the restraint your time deserves.
Returns
ROIC and the spread above cost of capital.
Cash
FCF margin, FCF yield, and conversion quality.
Reinvestment
Whether retained capital has anywhere to go.
Balance Sheet
Leverage discipline and distribution honesty.