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.
ETST · Healthcare · Shallow moat
Doesn't clear the bar
The balanceSheet component abstained: Insufficient leverage/coverage inputs to score the balance sheet. The other four 20% weights were renormalized over the scored 80%.
LUCY · Healthcare · Shallow moat
Doesn't clear the bar
The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.
| Measure | ETST | MASS | LUCY | RYTM |
|---|---|---|---|---|
| Moat Score (0–100) | 46 (highest) | 46 (highest) | 46 (highest) | 46 (highest) |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 85 (highest) | 65 | 63 | 60 |
| Pricing power | 41 | 87 | 0 | 98 (highest) |
| Returns on capital | 34 (highest) | 0 | — | 0 |
| Balance-sheet safety | — | 55 | 78 (highest) | 28 |
| Capital allocation | 24 | 24 | 44 (highest) | 44 (highest) |
| Around the value if growth stopped today | No price data | No price data | No price data | |
| Market cap | $35M | $259M | $3.6M | $6.9B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2026 | FY2025 | FY2025 | FY2025 |