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.
HRMY · Healthcare · Wide moat
Wonderful & reasonably priced
| Measure | EMBC | A | HRMY | VLTO |
|---|---|---|---|---|
| Moat Score (0–100) | 83 | 84 (highest) | 83 | 83 |
| Pricing power | 99 (highest) | 90 | 99 (highest) | 97 |
| Returns on capital | 100 (highest) | 84 | 100 (highest) | 100 (highest) |
| Balance-sheet safety | 100 (highest) | 71 | 86 | 77 |
| Capital discipline | 15 | 88 (highest) | 32 | 42 |
| Margin of safety | 87% below value (highest margin of safety) | 160% above value | 25% below value | 104% above value |
| Market cap | $190.1M | $37.2B | $1.9B | $23.3B |
| Moat tier | Wide moat | Wide moat | Wide moat | Wide moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |