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.
EVFM · 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%.
CLNN · 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%.
KROS · Healthcare · Shallow moat
Doesn't clear the bar
The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.
| Measure | EVFM | CLNN | AMPH | KROS |
|---|---|---|---|---|
| Moat Score (0–100) | 57 (highest) | 57 (highest) | 57 (highest) | 56 |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 58 | 70 | 88 (highest) | 72 |
| Pricing power | 70 | 86 (highest) | 62 | — |
| Returns on capital | — | — | 19 (highest) | 9 |
| Balance-sheet safety | 55 | 28 | 32 | 100 (highest) |
| Capital discipline | 44 | 44 | 83 (highest) | 44 |
| Price vs. high estimate | No price data | No price data | 58% below high estimate | No price data |
| Market cap | $1.0M | $62.2M | $896.0M | $207.4M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |