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.

CERS · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

LNSR · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

NTRA · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

CLPT · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureCERSLNSRNTRACLPT
Moat Score (0–100)41 (highest)41 (highest)41 (highest)41 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend70 (highest)656560
Pricing power84626294 (highest)
Returns on capital0 (highest)0 (highest)0 (highest)0 (highest)
Balance-sheet safety2855 (highest)55 (highest)28
Capital allocation24 (highest)24 (highest)24 (highest)24 (highest)
No price dataNo price dataNo price dataNo price data
Market cap$563M$67.2M$36.6B$415M
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2025FY2025FY2025FY2025