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 | AMPH | ISCO | EOLS | ADPT |
|---|---|---|---|---|
| Moat Score (0–100) | 38 (highest) | 38 (highest) | 38 (highest) | 38 (highest) |
| Pricing power | 62 | 92 (highest) | 92 (highest) | 91 |
| Returns on capital | 19 (highest) | 0 | 0 | 0 |
| Balance-sheet safety | 20 | 28 (highest) | 28 (highest) | 28 (highest) |
| Capital discipline | 47 (highest) | 24 | 24 | 24 |
| Margin of safety | 16% below value | No price data | No price data | No price data |
| Market cap | $901.3M | $1.4M | $372.5M | $3.5B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |