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.

CNBX · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

IART · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

CNMD · Healthcare · Shallow moat

Shallow moat

On the watchlist

KIDS · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureCNBXIARTCNMDKIDS
Moat Score (0–100)42 (highest)42 (highest)42 (highest)42 (highest)
Methodology versionmoat-index@2.0.0moat-index@2.0.0moat-index@2.0.0moat-index@2.0.0
Business trend604872 (highest)60
Pricing power100 (highest)9592100 (highest)
Returns on capital05 (highest)00
Balance-sheet safety28 (highest)28 (highest)328 (highest)
Capital discipline243645 (highest)24
Price vs. high estimateNo price data97% above high estimate26% below high estimate (largest discount to high estimate)No price data
Market cap$55396$1.5B$1.3B$489.1M
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2025FY2025FY2025