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.

Try AAPL vs MSFT vs KO, V vs MA, or COST vs WMT vs TGT.

ENOV · Healthcare · No moat

No moat

Doesn't clear the bar

LCTC · Healthcare · No moat

No moat

Doesn't clear the bar

ECIA · Healthcare · No moat

No moat

Doesn't clear the bar

IBIO · Healthcare · No moat

No moat

Doesn't clear the bar

MeasureENOVLCTCECIAIBIO
Moat Score (0–100)3233 (highest)33 (highest)32
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend50 (highest)432320
Pricing power686585 (highest)70
Returns on capital04 (highest)4 (highest)0
Balance-sheet safety028 (highest)28 (highest)28 (highest)
Capital allocation44 (highest)242444 (highest)
138% above value if growth stopped todayNo price dataNo price dataNo price data
Market cap$1.6B$9.6M$155623$45.9M
Moat tierNo moatNo moatNo moatNo moat
Filing dateFY2025FY2025FY2025FY2026