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.
| Measure | BTOC | FZMD | MKSI | HSIC |
|---|---|---|---|---|
| Moat Score (0–100) | 44 (highest) | 44 (highest) | 44 (highest) | 44 (highest) |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 50 | 20 | 55 (highest) | 43 |
| Pricing power | 0 | 79 (highest) | 78 | 53 |
| Returns on capital | 82 (highest) | 14 | 27 | 48 |
| Balance-sheet safety | 55 (highest) | 28 | 1 | 19 |
| Capital allocation | 33 | 80 (highest) | 60 | 55 |
| 87% below value if growth stopped today (largest discount to value if growth stopped today) | No price data | 374% above value if growth stopped today | 56% above value if growth stopped today | |
| Market cap | $10.8M | $1.5M | $22.1B | $9.9B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2022 | FY2025 | FY2025 |