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.
| Measure | IMAX | TMO | BVS | ACAD |
|---|---|---|---|---|
| Moat Score (0–100) | 56 | 57 (highest) | 56 | 56 |
| Pricing power | 66 | 94 | 97 | 98 (highest) |
| Returns on capital | 38 (highest) | 30 | 7 | 7 |
| Balance-sheet safety | 51 | 11 | 67 | 100 (highest) |
| Capital discipline | 74 | 86 (highest) | 58 | 24 |
| Margin of safety | 49% above value (highest margin of safety) | 261% above value | 272% above value | No price data |
| Market cap | $2.1B | $197.8B | $831.1M | $4.4B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |