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 | CELZ | PYXS | AVNS | MRMD |
|---|---|---|---|---|
| Moat Score (0–100) | 38 (highest) | 38 (highest) | 38 (highest) | 38 (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 | 20 | 20 | 28 | 63 (highest) |
| Pricing power | 70 | 91 (highest) | 89 | 66 |
| Returns on capital | 0 | 0 | 0 | 16 (highest) |
| Balance-sheet safety | 55 (highest) | 55 (highest) | 28 | 0 |
| Capital discipline | 44 | 24 | 45 (highest) | 44 |
| Price vs. high estimate | No price data | No price data | No price data | No price data |
| Market cap | $3.2M | $141.1M | $1.2B | $26.6M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |