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 | ELSE | AUPH | AKBA | OBIO |
|---|---|---|---|---|
| Moat Score (0–100) | 50 (highest) | 50 (highest) | 50 (highest) | 50 (highest) |
| Pricing power | 88 | 97 | 70 | 100 (highest) |
| Returns on capital | 0 | 5 (highest) | 0 | 0 |
| Balance-sheet safety | 100 (highest) | 73 | 100 (highest) | 55 |
| Capital discipline | 16 | 24 | 44 (highest) | 44 (highest) |
| Margin of safety | 631% above value | No price data | No price data | No price data |
| Market cap | $26.8M | $2.1B | $355.7M | $209.9M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |