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.
HTFL · Healthcare · Shallow moat
Doesn't clear the bar
The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.
HYEX · Healthcare · Shallow moat
Doesn't clear the bar
The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.
| Measure | HTFL | HYEX | BSX | MTEX |
|---|---|---|---|---|
| Moat Score (0–100) | 59 | 60 (highest) | 60 (highest) | 59 |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 70 (highest) | 54 | 66 | 19 |
| Pricing power | 95 | 63 | 100 (highest) | 100 (highest) |
| Returns on capital | — | — | 6 | 84 (highest) |
| Balance-sheet safety | 28 | 78 (highest) | 50 | 28 |
| Capital discipline | 45 | 44 | 75 (highest) | 64 |
| Price vs. high estimate | No price data | No price data | No price data | No price data |
| Market cap | $2.1B | $16.9M | — | $8.1M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |