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.

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

BNTC · Healthcare · No moat

No moat

Doesn't clear the bar

The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.

GTHP · Healthcare · No moat

No 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%.

DERM · Healthcare · No moat

No moat

Doesn't clear the bar

OSUR · Healthcare · No moat

No moat

Doesn't clear the bar

MeasureBNTCGTHPDERMOSUR
Moat Score (0–100)37 (highest)37 (highest)37 (highest)36
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend3560 (highest)3320
Pricing power—1591 (highest)72
Returns on capital12 (highest)—711
Balance-sheet safety55 (highest)282855 (highest)
Capital allocation44 (highest)44 (highest)2424
No price dataNo price dataNo price dataNo price data
Market cap$279M$16.4M$122M$254M
Moat tierNo moatNo moatNo moatNo moat
Filing dateFY2026FY2025FY2025FY2025