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.
KNSA · Healthcare · Shallow moat
Doesn't clear the bar
| Measure | KNSA | PLX | RIGL | PTCT |
|---|---|---|---|---|
| Moat Score (0–100) | 55 | 56 (highest) | 55 | 55 |
| Pricing power | 96 | 67 | 99 | 100 (highest) |
| Returns on capital | 4 | 53 (highest) | 8 | 0 |
| Balance-sheet safety | 100 (highest) | 55 | 92 | 100 (highest) |
| Capital discipline | 24 | 44 (highest) | 24 | 24 |
| Margin of safety | 2690% above value | No price data | No price data | No price data |
| Market cap | $5.1B | $191.4M | $742.3M | $6.4B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |