Research · refreshed nightly · August 17, 2026
Wide-Moat Businesses at Fair Prices (October 2026)
Defensibility without the premium ticket.
Defensibility usually trades at a premium; this list collects the exceptions: wide-moat businesses at fair prices. S&P Global carries the widest moat here at 88, with MSCI at 85 and Meta at 83, and the ordering favors moats the price does not already celebrate. The median moat score across the 50 is 73.
The mix is the interesting part: $1.5T Meta and $443B Mastercard share a table with $882M Vitec Software and $12B Guidewire. A moat score measures how hard a business is to attack, not how fast it grows, and several names here compound revenue in the low teens. Click any company for the full citation-backed analysis of the moat itself.
50companies qualify
72median moat
65median MGI
8joined this week
The ranking
Sorted by moat
1
Mastercard IncorporatedMA🇺🇸
moat 88 · revenue +13%/yr · asset light
G 63V 59O 67Cap $474.8B
MGI
63
MVI
59
MTI
48
MOI
67
Cap
$474.8B
Growth
+14%2
S&P Global Inc.SPGI🇺🇸
moat 82 · revenue +14%/yr · asset light
G 61V 61O 68Cap $121.8B
MGI
61
MVI
61
MTI
34
MOI
68
Cap
$121.8B
Growth
+10%3
Constellation Software Inc.CSU.CA🇨🇦
moat 82 · revenue +20%/yr · scale economics
G 70V 57O 74Cap $51.9B
MGI
70
MVI
57
MTI
38
MOI
74
Cap
$51.9B
Growth
+20%4
CCC Intelligent Solutions Holdings Inc.CCC🇺🇸
moat 80 · revenue +10%/yr · asset light
G 50V 56O 52Cap $3.6B
MGI
50
MVI
56
MTI
35
MOI
52
Cap
$3.6B
Growth
+14%5
Veeva Systems Inc.VEEV🇺🇸
moat 78 · revenue +14%/yr · asset light
G 75V 60O 83Cap $39.6B
MGI
75
MVI
60
MTI
37
MOI
83
Cap
$39.6B
Growth
+14%6
KANZHUN LIMITEDBZ🇨🇳
moat 78 · revenue +15%/yr · asset light
G 68V 61O 73Cap $6.9B
MGI
68
MVI
61
MTI
46
MOI
73
Cap
$6.9B
Growth
+8%7
Novonesis A/SNSIS.B.DK🇩🇰
moat 78 · revenue +16%/yr · asset light
G 56V 55O 57Cap $29.6B
MGI
56
MVI
55
MTI
33
MOI
57
Cap
$29.6B
Growth
+14%8
Guidewire Software, Inc.GWRE🇺🇸
moat 78 · revenue +14%/yr · asset light
G 71V 61O 78Cap $13.2B
MGI
71
MVI
61
MTI
32
MOI
78
Cap
$13.2B
Growth
+27%9
RENK Group AGR3NK.DE🇩🇪
moat 77 · revenue +15%/yr · asset light
G 68V 59O 72Cap $5.4B
MGI
68
MVI
59
MTI
34
MOI
72
Cap
$5.4B
Growth
+4%10
Baltic Classifieds Group PLCBCG.LT🇱🇹
moat 76 · revenue +10%/yr · asset light
G 43V 56O 45Cap $1.1B
MGI
43
MVI
56
MTI
33
MOI
45
Cap
$1.1B
Growth
+15%11
Gaztransport et Technigaz S.A.GTT.FR🇫🇷
moat 76 · revenue +21%/yr · asset light
G 62V 59O 67Cap $8.4B
MGI
62
MVI
59
MTI
42
MOI
67
Cap
$8.4B
Growth
+25%12
Scout24 SEG24.DE🇩🇪
moat 75 · revenue +13%/yr · asset light
G 59V 57O 63Cap $6.1B
MGI
59
MVI
57
MTI
42
MOI
63
Cap
$6.1B
Growth
+29%13
Intuit Inc.INTU🇺🇸
moat 75 · revenue +15%/yr · asset light
G 61V 65O 68Cap $101.0B
MGI
61
MVI
65
MTI
40
MOI
68
Cap
$101.0B
Growth
+10%14
Evolution AB (publ)EVO.SE🇸🇪
moat 75 · revenue +15%/yr · asset light
G 62V 62O 68Cap $14.5B
MGI
62
MVI
62
MTI
57
MOI
68
Cap
$14.5B
Growth
-1%15
AppLovin CorporationAPP🇺🇸
moat 74 · revenue +20%/yr · asset light
G 72V 65O 79Cap $106.0B
MGI
72
MVI
65
MTI
60
MOI
79
Cap
$106.0B
Growth
+24%16
Autotrader Group plcAUTO.GB🇬🇧
moat 74 · revenue +10%/yr · asset light
G 51V 60O 56Cap $5.5B
MGI
51
MVI
60
MTI
33
MOI
56
Cap
$5.5B
Growth
+4%17
ResMed Inc.RMD🇺🇸
moat 73 · revenue +10%/yr · asset light
G 67V 62O 75Cap $30.3B
MGI
67
MVI
62
MTI
42
MOI
75
Cap
$30.3B
Growth
+11%18
LeMaitre Vascular, Inc.LMAT🇺🇸
moat 73 · revenue +11%/yr · asset light
G 61V 58O 65Cap $2.0B
MGI
61
MVI
58
MTI
37
MOI
65
Cap
$2.0B
Growth
+10%19
Doximity, Inc.DOCS🇺🇸
moat 73 · revenue +16%/yr · asset light
G 60V 63O 65Cap $4.1B
MGI
60
MVI
63
MTI
40
MOI
65
Cap
$4.1B
Growth
+7%20
Pure Cycle CorporationPCYO🇺🇸
moat 73 · revenue +13%/yr · scale economics
G 70V 59O 72Cap $263.1M
MGI
70
MVI
59
MTI
28
MOI
72
Cap
$263.1M
Growth
+60%21
Insulet CorporationPODD🇺🇸
moat 73 · revenue +23%/yr · asset light
G 72V 68O 80Cap $10.2B
MGI
72
MVI
68
MTI
37
MOI
80
Cap
$10.2B
Growth
+24%22
AL
Allegro.eu S.A.ALE.PL🇵🇱
moat 73 · revenue +17%/yr · asset light
G 70V 75O 78Cap $7.2B
MGI
70
MVI
75
MTI
44
MOI
78
Cap
$7.2B
Growth
+17%23
DoubleVerify Holdings, Inc.DV🇺🇸
moat 73 · revenue +18%/yr · asset light
G 67V 69O 76Cap $1.9B
MGI
67
MVI
69
MTI
43
MOI
76
Cap
$1.9B
Growth
+3%24
Intea Fastigheter AB (publ)INTEA.B.SE🇸🇪
moat 72 · revenue +19%/yr · asset light
G 49V 57O 51Cap $2.1B
MGI
49
MVI
57
MTI
28
MOI
51
Cap
$2.1B
Growth
+28%25
MercadoLibre, Inc.MELI🇺🇾
moat 72 · revenue +38%/yr · scale economics
G 73V 72O 84Cap $89.8B
MGI
73
MVI
72
MTI
38
MOI
84
Cap
$89.8B
Growth
+50%26
Alnylam Pharmaceuticals, Inc.ALNY🇺🇸
moat 72 · revenue +42%/yr · asset light
G 73V 59O 77Cap $35.4B
MGI
73
MVI
59
MTI
40
MOI
77
Cap
$35.4B
Growth
+67%27
Tradeweb Markets Inc.TW🇺🇸
moat 72 · revenue +15%/yr · asset light
G 71V 57O 74Cap $22.1B
MGI
71
MVI
57
MTI
48
MOI
74
Cap
$22.1B
Growth
+9%28
Zscaler, Inc.ZS🇺🇸
moat 72 · revenue +33%/yr · asset light
G 71V 56O 73Cap $29.7B
MGI
71
MVI
56
MTI
46
MOI
73
Cap
$29.7B
Growth
+25%29
argenx SEARGX🇳🇱
moat 72 · revenue +58%/yr · asset light
G 71V 57O 74Cap $55.6B
MGI
71
MVI
57
MTI
43
MOI
74
Cap
$55.6B
Growth
+60%30
Frequentis AGFQT.AT🇦🇹
moat 72 · revenue +15%/yr · asset light
G 71V 72O 80Cap $994M
MGI
71
MVI
72
MTI
35
MOI
80
Cap
$994M
Growth
+21%31
Adyen N.V.ADYEN.NL🇳🇱
moat 72 · revenue +21%/yr · asset light
G 69V 60O 73Cap $34.4B
MGI
69
MVI
60
MTI
45
MOI
73
Cap
$34.4B
Growth
+19%32
The Descartes Systems Group Inc.DSG.CA🇨🇦
moat 72 · revenue +13%/yr · asset light
G 67V 56O 70Cap $7.5B
MGI
67
MVI
56
MTI
37
MOI
70
Cap
$7.5B
Growth
+16%33
Intapp, Inc.INTA🇺🇸
moat 72 · revenue +19%/yr · asset light
G 66V 67O 73Cap $3.1B
MGI
66
MVI
67
MTI
42
MOI
73
Cap
$3.1B
Growth
+17%34
Planisware SAPLNW.FR🇫🇷
moat 72 · revenue +14%/yr · asset light
G 66V 55O 68Cap $2.1B
MGI
66
MVI
55
MTI
42
MOI
68
Cap
$2.1B
Growth
+8%35
Halozyme Therapeutics, Inc.HALO🇺🇸
moat 72 · revenue +30%/yr · asset light
G 65V 63O 73Cap $10.1B
MGI
65
MVI
63
MTI
50
MOI
73
Cap
$10.1B
Growth
+48%36
Paxman ABPAX.GB🇬🇧
moat 72 · revenue +27%/yr · asset light
G 65V 62O 69Cap $127.1M
MGI
65
MVI
62
MTI
24
MOI
69
Cap
$127.1M
Growth
+33%37
Autodesk, Inc.ADSK🇺🇸
moat 72 · revenue +12%/yr · asset light
G 64V 59O 69Cap $51.6B
MGI
64
MVI
59
MTI
35
MOI
69
Cap
$51.6B
Growth
+18%38
CoStar Group, Inc.CSGP🇺🇸
moat 72 · revenue +13%/yr · asset light
G 63V 58O 66Cap $12.3B
MGI
63
MVI
58
MTI
45
MOI
66
Cap
$12.3B
Growth
+18%39
Cambi ASACAMBI.NO🇳🇴
moat 72 · revenue +17%/yr · asset light
G 61V 67O 66Cap $305.5M
MGI
61
MVI
67
MTI
55
MOI
66
Cap
$305.5M
Growth
-24%40
Taylor Devices, Inc.TAYD🇺🇸
moat 72 · revenue +12%/yr · scale economics
G 60V 55O 61Cap $178.2M
MGI
60
MVI
55
MTI
42
MOI
61
Cap
$178.2M
Growth
+6%41
Medistim ASAMEDI.NO🇳🇴
moat 72 · revenue +11%/yr · asset light
G 58V 58O 60Cap $463.2M
MGI
58
MVI
58
MTI
28
MOI
60
Cap
$463.2M
Growth
+33%42
TMX Group LimitedX.CA🇨🇦
moat 72 · revenue +14%/yr · asset light
G 57V 56O 59Cap $10.0B
MGI
57
MVI
56
MTI
38
MOI
59
Cap
$10.0B
Growth
+16%43
Afya LimitedAFYA🇧🇷
moat 72 · revenue +17%/yr · asset light
G 56V 71O 64Cap $1.3B
MGI
56
MVI
71
MTI
48
MOI
64
Cap
$1.3B
Growth
+19%44
Euronext N.V.ENX.NL🇳🇱
moat 72 · revenue +32%/yr · asset light
G 51V 57O 54Cap $17.4B
MGI
51
MVI
57
MTI
38
MOI
54
Cap
$17.4B
Growth
+15%45
Goodwin PLCGDWN.GB🇬🇧
moat 72 · revenue +13%/yr · scale economics
G 76V 58O 79Cap $2.1B
MGI
76
MVI
58
MTI
29
MOI
79
Cap
$2.1B
Growth
+15%46
Salesforce, Inc.CRM🇺🇸
moat 72 · revenue +11%/yr · asset light
G 47V 62O 51Cap $152.6B
MGI
47
MVI
62
MTI
52
MOI
51
Cap
$152.6B
Growth
+13%47
Brookfield Infrastructure CorporationBIPC🇺🇸
moat 72 · revenue +18%/yr · asset light
G 33V 66O 35Cap $5.3B
MGI
33
MVI
66
MTI
50
MOI
35
Cap
$5.3B
Growth
+9%48
BF
Benefit Systems S.A.BFT.PL🇵🇱
moat 71 · revenue +39%/yr · scale economics
G 53V 64O 57Cap $3.1B
MGI
53
MVI
64
MTI
38
MOI
57
Cap
$3.1B
Growth
+39%
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Research tool, not investment advice. Rankings are generated by our models from company filings and market data, refresh nightly, and are identical for every visitor. Scores reflect our methodology and are not recommendations to act. Data as of 2026-08-17.