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.
HRGN · Healthcare · No moat
Doesn't clear the bar
| Measure | HRGN | AAWH | BMRA | AMS |
|---|---|---|---|---|
| Moat Score (0–100) | 18 (highest) | 18 (highest) | 18 (highest) | 17 |
| Pricing power | 12 | 44 (highest) | 8 | 41 |
| Returns on capital | 0 (highest) | 0 (highest) | 0 (highest) | 0 (highest) |
| Balance-sheet safety | 28 | 2 | 55 (highest) | 0 |
| Capital discipline | 44 (highest) | 24 | 24 | 24 |
| Margin of safety | No price data | No price data | No price data | 62% below value |
| Market cap | $18.5M | $91.0M | $4.1M | $9.3M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |