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.
MRVI · Healthcare · Shallow moat
Doesn't clear the bar
| Measure | MRVI | ALKS | ANIK | RGEN |
|---|---|---|---|---|
| Moat Score (0–100) | 52 | 53 (highest) | 53 (highest) | 52 |
| Pricing power | 60 | 100 (highest) | 89 | 85 |
| Returns on capital | 67 (highest) | 11 | 14 | 11 |
| Balance-sheet safety | 28 | 73 (highest) | 55 | 56 |
| Capital discipline | 44 | 27 | 54 | 60 (highest) |
| Margin of safety | No price data | 101% above value (highest margin of safety) | No price data | 617% above value |
| Market cap | $1.0B | $8.7B | $211.8M | $8.3B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |