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.
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%.
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%.
| Measure | NTRR | FEMY | WHWK | LUCY |
|---|---|---|---|---|
| Moat Score (0–100) | 46 (highest) | 46 (highest) | 46 (highest) | 46 (highest) |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 70 (highest) | 62 | 35 | 63 |
| Pricing power | 43 | 98 (highest) | 97 | 0 |
| Returns on capital | — | 0 (highest) | 0 (highest) | — |
| Balance-sheet safety | 28 | 28 | 55 | 78 (highest) |
| Capital discipline | 44 (highest) | 44 (highest) | 44 (highest) | 44 (highest) |
| Price vs. high estimate | No price data | No price data | No price data | No price data |
| Market cap | $548715 | $194.9M | $178.7M | $4.1M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2023 | FY2025 | FY2025 | FY2025 |