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.

Try AAPL vs MSFT vs KO, V vs MA, or COST vs WMT vs TGT.

HYEX · Healthcare · Shallow moat

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%.

COLL · Healthcare · Shallow moat

Shallow moat

On the watchlist

NAGE · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

BSX · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureHYEXCOLLNAGEBSX
Moat Score (0–100)60 (highest)60 (highest)60 (highest)60 (highest)
Methodology versionmoat-index@2.0.0moat-index@2.0.0moat-index@2.0.0moat-index@2.0.0
Business trend5476 (highest)76 (highest)66
Pricing power636791100 (highest)
Returns on capital100 (highest)86
Balance-sheet safety7828100 (highest)50
Capital discipline44282475 (highest)
Price vs. high estimateNo price data68% below high estimateNo price dataNo price data
Market cap$16.9M$1.1B$268.6M
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2025FY2025FY2025