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.
LUCY · 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%.
NTRR · 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%.
ETST · Healthcare · Shallow moat
On the watchlist
The balanceSheet component abstained: Insufficient leverage/coverage inputs to score the balance sheet. The other four 20% weights were renormalized over the scored 80%.
| Measure | LUCY | NTRR | MASS | ETST |
|---|---|---|---|---|
| Moat Score (0–100) | 46 (highest) | 46 (highest) | 46 (highest) | 46 (highest) |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 63 | 70 | 65 | 85 (highest) |
| Pricing power | 0 | 43 | 87 (highest) | 41 |
| Returns on capital | — | — | 0 | 34 (highest) |
| Balance-sheet safety | 78 (highest) | 28 | 55 | — |
| Capital allocation | 44 (highest) | 44 (highest) | 24 | 24 |
| No price data | No price data | No price data | 26% below value if growth stopped today | |
| Market cap | $4.9M | $274358 | $363M | $26.2M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2023 | FY2025 | FY2026 |