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.
INDV · Healthcare · Narrow moat
On the watchlist
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%.
SNWV · Healthcare · Narrow moat
On the watchlist
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 | INDV | GILD | SNWV | EMBC |
|---|---|---|---|---|
| Moat Score (0–100) | 70 | 71 (highest) | 71 (highest) | 70 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 78 (highest) | 70 | 75 | 36 |
| Pricing power | 100 (highest) | 99 | 87 | 99 |
| Returns on capital | — | 100 (highest) | — | 100 (highest) |
| Balance-sheet safety | 58 | 47 | 77 | 100 (highest) |
| Capital allocation | 43 | 39 | 44 (highest) | 15 |
| No price data | 88% above value if growth stopped today | No price data | 86% below value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | $5.1B | $160.5B | $50.9M | $192M |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |