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.

Try AAPL vs MSFT vs KO, V vs MA, or COST vs WMT vs TGT.

AVNS · Healthcare · Shallow moat

41/ 100
Shallow moat

Doesn't clear the bar

VIVS · Healthcare · Shallow moat

42/ 100
Shallow moat

Doesn't clear the bar

ELUT · Healthcare · Shallow moat

42/ 100
Shallow moat

Doesn't clear the bar

IMRX · Healthcare · Shallow moat

41/ 100
Shallow moat

Doesn't clear the bar

MeasureAVNSVIVSELUTIMRX
Moat Score (0–100)4142 (highest)42 (highest)41
Pricing power8991 (highest)7272
Returns on capital0 (highest)0 (highest)0 (highest)0 (highest)
Balance-sheet safety282855 (highest)55 (highest)
Capital discipline45 (highest)444444
Margin of safetyNo price dataNo price dataNo price dataNo price data
Market cap$1.2B$1.7M$204.2M
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2026FY2025FY2025
AVNS vs VIVS vs ELUT vs IMRX — Moat Score Comparison · Buy Like Buffett