The Moat Index
Compare moats, side by side.
Two to four companies, scored on the same five investor questions from their SEC filings — so the comparison is apples to apples. The method is fully public.
BICX · Healthcare · Shallow moat
Doesn't clear the bar
The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.
| Measure | BICX | PBYI | RGEN | CFOR |
|---|---|---|---|---|
| Moat Score (0–100) | 50 | 51 (highest) | 50 | 50 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 60 | 55 | 40 | 80 (highest) |
| Pricing power | 70 | 95 (highest) | 85 | 49 |
| Returns on capital | — | 14 (highest) | 11 | 6 |
| Balance-sheet safety | 28 | 64 | 56 | 73 (highest) |
| Capital allocation | 44 | 24 | 60 (highest) | 44 |
| No price data | 10% above value if growth stopped today (largest discount to value if growth stopped today) | 542% above value if growth stopped today | No price data | |
| Market cap | $7.3M | $402M | $7.4B | $183M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |