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.
GUTS · 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 | IART | GUTS | INNV | TELA |
|---|---|---|---|---|
| Moat Score (0–100) | 40 | 41 (highest) | 41 (highest) | 40 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 38 | 20 | 58 | 65 (highest) |
| Pricing power | 95 (highest) | 54 | 20 | 85 |
| Returns on capital | 5 (highest) | — | 5 (highest) | 0 |
| Balance-sheet safety | 28 | 55 | 100 (highest) | 28 |
| Capital allocation | 36 (highest) | 33 | 19 | 24 |
| 40% above value if growth stopped today | No price data | No price data | No price data | |
| Market cap | $1.1B | $638M | $1.2B | $45M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2026 | FY2025 |