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.

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

ETON · Healthcare · No moat

33/ 100
No moat

Doesn't clear the bar

FEED · Healthcare · No moat

33/ 100
No moat

Doesn't clear the bar

HRTX · Healthcare · No moat

33/ 100
No moat

Doesn't clear the bar

PRCT · Healthcare · No moat

33/ 100
No moat

Doesn't clear the bar

MeasureETONFEEDHRTXPRCT
Moat Score (0–100)33 (highest)33 (highest)33 (highest)33 (highest)
Pricing power705775 (highest)56
Returns on capital0 (highest)0 (highest)0 (highest)0 (highest)
Balance-sheet safety3555 (highest)2855 (highest)
Capital discipline24 (highest)24 (highest)24 (highest)24 (highest)
Margin of safetyNo price dataNo price dataNo price dataNo price data
Market cap$1.1B$5$88.6M$1.1B
Moat tierNo moatNo moatNo moatNo moat
Filings as ofFY2025FY2025FY2025FY2025
ETON vs FEED vs HRTX vs PRCT — Moat Score Comparison · Buy Like Buffett