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 | BNGO | OPCH | TWST | TNXP |
|---|---|---|---|---|
| Moat Score (0–100) | 26 (highest) | 26 (highest) | 26 (highest) | 26 (highest) |
| Pricing power | 19 | 33 | 34 | 37 (highest) |
| Returns on capital | 0 | 16 (highest) | 0 | 0 |
| Balance-sheet safety | 55 (highest) | 34 | 55 (highest) | 28 |
| Capital discipline | 44 (highest) | 24 | 24 | 44 (highest) |
| Margin of safety | No price data | 19% below value | No price data | No price data |
| Market cap | $12.4M | $3.4B | $5.7B | $6.9B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |