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.
| Measure | NEPH | MMM | CSBR | SUPN |
|---|---|---|---|---|
| Moat Score (0–100) | 56 (highest) | 56 (highest) | 56 (highest) | 55 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 85 (highest) | 20 | 40 | 46 |
| Pricing power | 92 | 72 | 76 | 98 (highest) |
| Returns on capital | 4 | 97 (highest) | 83 | 78 |
| Balance-sheet safety | 73 (highest) | 45 | 55 | 55 |
| Capital allocation | 24 | 45 (highest) | 24 | 0 |
| No price data | 81% above value if growth stopped today (largest discount to value if growth stopped today) | No price data | 139% above value if growth stopped today | |
| Market cap | $37.4M | $87.7B | $66.5M | $2.3B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2026 | FY2025 |