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.
BTAI · Healthcare · 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%.
| Measure | BTAI | AORT | PRPO | PMHS |
|---|---|---|---|---|
| Moat Score (0–100) | 37 (highest) | 37 (highest) | 37 (highest) | 37 (highest) |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 57 | 62 | 70 (highest) | 50 |
| Pricing power | 41 | 100 (highest) | 18 | 74 |
| Returns on capital | — | 0 (highest) | 0 (highest) | 0 (highest) |
| Balance-sheet safety | 28 | 18 | 55 (highest) | 28 |
| Capital discipline | 24 | 7 | 44 (highest) | 36 |
| Price vs. high estimate | No price data | No price data | No price data | No price data |
| Market cap | $19.7M | $1.2B | $41.7M | $3.3M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |