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.

Try AAPL vs MSFT vs KO, V vs MA, or COST vs WMT vs TGT.

NVAX · Healthcare · Narrow moat

Narrow moat

On the watchlist

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%.

INFU · Healthcare · Narrow moat

Narrow moat

On the watchlist

DCTH · Healthcare · Narrow moat

Narrow moat

On the watchlist

NAGE · Healthcare · Narrow moat

Narrow moat

On the watchlist

MeasureNVAXINFUDCTHNAGE
Moat Score (0–100)62 (highest)62 (highest)62 (highest)62 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend5493 (highest)7085
Pricing power766694 (highest)91
Returns on capital408 (highest)
Balance-sheet safety7364100 (highest)100 (highest)
Capital allocation4483 (highest)4424
No price data61% above value if growth stopped todayNo price dataNo price data
Market cap$1.7B$246M$568M$250M
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filing dateFY2025FY2025FY2025FY2025