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.
| Measure | HAE | XTNT | ZOMDF | INGN |
|---|---|---|---|---|
| Moat Score (0–100) | 46 (highest) | 46 (highest) | 46 (highest) | 46 (highest) |
| Pricing power | 76 | 96 | 100 (highest) | 85 |
| Returns on capital | 20 (highest) | 4 | 0 | 14 |
| Balance-sheet safety | 20 | 55 (highest) | 55 (highest) | 55 (highest) |
| Capital discipline | 64 (highest) | 24 | 24 | 24 |
| Margin of safety | 11% above value | No price data | No price data | No price data |
| Market cap | $3.5B | $63.0M | — | $178.9M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2026 | FY2025 | FY2025 | FY2025 |