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%.
| Measure | EVFM | EYE | MMSI | ADUS |
|---|---|---|---|---|
| Moat Score (0–100) | 57 | 58 (highest) | 58 (highest) | 57 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 60 | 33 | 98 | 100 (highest) |
| Pricing power | 70 | 90 (highest) | 75 | 48 |
| Returns on capital | — | 4 | 0 | 12 (highest) |
| Balance-sheet safety | 55 | 82 (highest) | 55 | 65 |
| Capital allocation | 44 | 80 (highest) | 60 | 60 |
| No price data | 238% above value if growth stopped today | 165% above value if growth stopped today (largest discount to value if growth stopped today) | 184% above value if growth stopped today | |
| Market cap | $1M | $1.6B | $4.4B | $2.1B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |