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.
KNSA · Healthcare · Shallow moat
Doesn't clear the bar
| Measure | FTV | KNSA | PTCT | UFPT |
|---|---|---|---|---|
| Moat Score (0–100) | 55 (highest) | 55 (highest) | 55 (highest) | 55 (highest) |
| Pricing power | 90 | 96 | 100 (highest) | 41 |
| Returns on capital | 12 | 4 | 0 | 57 (highest) |
| Balance-sheet safety | 66 | 100 (highest) | 100 (highest) | 59 |
| Capital discipline | 56 | 24 | 24 | 66 (highest) |
| Margin of safety | 55% above value (highest margin of safety) | 2690% above value | No price data | 126% above value |
| Market cap | $19.4B | $5.1B | $6.4B | $1.9B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |