The Moat Index

Compare moats, side by side.

Two to four companies, scored on the same four filters 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.

CRDF · Healthcare · No moat

20/ 100
No moat

Doesn't clear the bar

ERNA · Healthcare · No moat

20/ 100
No moat

Doesn't clear the bar

RMTI · Healthcare · No moat

20/ 100
No moat

Doesn't clear the bar

TLPH · Healthcare · No moat

20/ 100
No moat

Doesn't clear the bar

MeasureCRDFERNARMTITLPH
Moat Score (0–100)20 (highest)20 (highest)20 (highest)20 (highest)
Pricing power0 (highest)0 (highest)0 (highest)0 (highest)
Returns on capital0 (highest)0 (highest)0 (highest)0 (highest)
Balance-sheet safety55 (highest)55 (highest)55 (highest)55 (highest)
Capital discipline44 (highest)44 (highest)44 (highest)44 (highest)
Margin of safetyNo price dataNo price dataNo price dataNo price data
Market cap$60.1M$50.4M$241.4M$65.4M
Moat tierNo moatNo moatNo moatNo moat
Filings as ofFY2025FY2025FY2025FY2025
CRDF vs ERNA vs RMTI vs TLPH — Moat Score Comparison · Buy Like Buffett