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.
DARE · Healthcare · Shallow moat
Doesn't clear the bar
The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.
| Measure | DARE | NVST | CYH | OFIX |
|---|---|---|---|---|
| Moat Score (0–100) | 47 (highest) | 47 (highest) | 47 (highest) | 47 (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 | 13 | 39 | 65 (highest) | 65 (highest) |
| Pricing power | 77 | 94 | 100 (highest) | 96 |
| Returns on capital | — | 0 | 7 (highest) | 4 |
| Balance-sheet safety | 55 | 90 (highest) | 40 | 28 |
| Capital allocation | 44 (highest) | 14 | 24 | 44 (highest) |
| No price data | 230% above value if growth stopped today | 79% below value if growth stopped today (largest discount to value if growth stopped today) | No price data | |
| Market cap | $18.6M | $4.3B | $378M | $448M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |