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.
| Measure | ECIA | BAX | ORMP | TBPH |
|---|---|---|---|---|
| Moat Score (0–100) | 37 (highest) | 37 (highest) | 37 (highest) | 37 (highest) |
| Pricing power | 85 (highest) | 61 | 70 | 70 |
| Returns on capital | 4 | 27 (highest) | 0 | 0 |
| Balance-sheet safety | 28 | 0 | 55 (highest) | 28 |
| Capital discipline | 24 | 53 (highest) | 24 | 51 |
| Margin of safety | No price data | No price data | No price data | No price data |
| Market cap | $536960 | $11.6B | $158.7M | $864.6M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |