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.
| Measure | FEMY | ATEC | LIFD | IBRX |
|---|---|---|---|---|
| Moat Score (0–100) | 47 (highest) | 47 (highest) | 47 (highest) | 47 (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 | 65 (highest) | 65 (highest) | 33 | 55 |
| Pricing power | 98 | 99 | 49 | 100 (highest) |
| Returns on capital | 0 | 0 | 10 (highest) | 0 |
| Balance-sheet safety | 28 | 28 | 100 (highest) | 55 |
| Capital allocation | 44 (highest) | 44 (highest) | 44 (highest) | 24 |
| No price data | No price data | 88% below value if growth stopped today | No price data | |
| Market cap | $221M | $1.2B | $3M | $7.2B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |