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.
| Measure | AKBA | PODD | AUPH | ELSE |
|---|---|---|---|---|
| Moat Score (0–100) | 50 (highest) | 50 (highest) | 50 (highest) | 50 (highest) |
| Pricing power | 70 | 94 | 97 (highest) | 88 |
| Returns on capital | 0 | 14 (highest) | 5 | 0 |
| Balance-sheet safety | 100 (highest) | 64 | 73 | 100 (highest) |
| Capital discipline | 44 (highest) | 24 | 24 | 16 |
| Margin of safety | No price data | 211% above value (highest margin of safety) | No price data | 631% above value |
| Market cap | $355.7M | $11.5B | $2.1B | $26.8M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |