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 | HSIC | FZMD | MKSI | RAL |
|---|---|---|---|---|
| Moat Score (0–100) | 44 (highest) | 44 (highest) | 44 (highest) | 44 (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 | 43 | 20 | 55 (highest) | 26 |
| Pricing power | 53 | 79 | 78 | 87 (highest) |
| Returns on capital | 48 (highest) | 14 | 27 | 33 |
| Balance-sheet safety | 19 | 28 (highest) | 1 | 28 (highest) |
| Capital allocation | 55 | 80 (highest) | 60 | 44 |
| 58% above value if growth stopped today (largest discount to value if growth stopped today) | No price data | 209% above value if growth stopped today | 61% above value if growth stopped today | |
| Market cap | $10.0B | $1.5M | $14.4B | $7.5B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2022 | FY2025 | FY2025 |