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.
IMCR · 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%.
EVFM · 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 | MMSI | IMCR | EYE | EVFM |
|---|---|---|---|---|
| Moat Score (0–100) | 58 (highest) | 58 (highest) | 58 (highest) | 57 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 98 (highest) | 70 | 33 | 60 |
| Pricing power | 75 | 100 (highest) | 90 | 70 |
| Returns on capital | 0 | — | 4 (highest) | — |
| Balance-sheet safety | 55 | 28 | 82 (highest) | 55 |
| Capital allocation | 60 | 33 | 80 (highest) | 44 |
| 204% above value if growth stopped today | No price data | 186% above value if growth stopped today (largest discount to value if growth stopped today) | No price data | |
| Market cap | $5.1B | $1.6B | $1.3B | $937476 |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |