The Moat Index

Orchestra BioMed Holdings, Inc.

OBIO · Healthcare · $209.9M mkt cap · FY2025 filings · Shallow moat ·

Doesn't clear the bar

50/ 100
Shallow moat

The four filters

Pricing power100

Median gross margin 93.6% over 4y, very stable.

Returns on capital0

Median ROIC -120.8%, above the 9% hurdle in 0% of years.

Balance-sheet safety55

Net cash position — no leverage risk.

Capital discipline44

Owner earnings trend unclear, share count n/a.

Margin of safety

Above valueOn sale
No price data
Owner earnings (normalized)
Est. intrinsic value / share
Recent price
$3.68
Discount to value
No price data

Conservative model: 9% discount rate, 0% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).

Fundamentals

There's no normalized fundamentals series for OBIO yet — it appears once ingest has processed its filings.

Moat Score history

2 logged readings since Jul 17, 2026 · append-only, never rewritten

Moat Score over timeLast scored reading of each day, on the 0–100 scale49.7 / 100
0406080100WideNarrowShallowNo moatJul 17, 2026

Score history begins Jul 17, 2026 — the record builds from here and can’t be backfilled.

Tier changesSame-methodology crossings of the Wide / Narrow / Shallow bars

None yet — OBIO has read Shallow moat for every logged capture since Jul 17, 2026.

Scores are logged append-only and never overwritten — this record can’t be backfilled, which is exactly why it’s worth keeping.

Healthcare context

#115 of 440 scored Healthcare companies, ranked by Moat Score.

Nearest peers by Moat Score

  1. #113AKBA AKEBIA THERAPEUTICS, INC.49.8 out of 100, Shallow moatShallow moat
  2. #114ELSE Electro-Sensors, Inc.49.7 out of 100, Shallow moatShallow moat
  3. #116COO The Cooper Companies, Inc.49.5 out of 100, Shallow moatShallow moat
  4. #117STAA STAAR SURGICAL CO49.5 out of 100, Shallow moatShallow moat

Compare OBIO with its nearest peersAll Healthcare companies on the Index →

Common questions about OBIO

Does Orchestra BioMed Holdings, Inc. have an economic moat?
Based on its FY2025 SEC filings, the Moat Index scores Orchestra BioMed Holdings, Inc. (OBIO) 49.7 out of 100 — a Shallow moat. The four filters behind that score (each 0–100): pricing power 100, returns on capital 0, balance-sheet safety 55, capital discipline 44.
How has OBIO's Moat Score changed over time?
The record logs 2 readings since Jul 17, 2026; the latest reads 49.7 out of 100 (shallow moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.
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