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.
PNTG · Healthcare · Shallow moat
Doesn't clear the bar
The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.
| Measure | NEPH | PNTG | MMM | 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 | 100 (highest) | 20 | 46 |
| Pricing power | 92 | — | 72 | 98 (highest) |
| Returns on capital | 4 | 28 | 97 (highest) | 78 |
| Balance-sheet safety | 73 (highest) | 35 | 45 | 55 |
| Capital allocation | 24 | 60 (highest) | 45 | 0 |
| No price data | 859% above value if growth stopped today | 89% above value if growth stopped today (largest discount to value if growth stopped today) | 179% above value if growth stopped today | |
| Market cap | $38.7M | $1.4B | $91.5B | $2.7B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |