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 | AVTX | NKTR | SSKN | KEQU |
|---|---|---|---|---|
| Moat Score (0–100) | 43 (highest) | 43 (highest) | 43 (highest) | 43 (highest) |
| Pricing power | 70 | 87 | 96 (highest) | 9 |
| Returns on capital | 7 | 4 | 0 | 51 (highest) |
| Balance-sheet safety | 55 (highest) | 55 (highest) | 28 | 55 (highest) |
| Capital discipline | 44 | 24 | 44 | 69 (highest) |
| Margin of safety | No price data | No price data | No price data | 18% below value |
| Market cap | $358.6M | $1.4B | $529938 | $109.2M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2026 |