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 | NXL | LFMD | RSCF | FBIO |
|---|---|---|---|---|
| Moat Score (0–100) | 43 (highest) | 43 (highest) | 43 (highest) | 43 (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 | 20 | 75 (highest) | 34 | 33 |
| Pricing power | 97 (highest) | 70 | 94 | 83 |
| Returns on capital | 0 | 0 | 9 (highest) | 0 |
| Balance-sheet safety | 55 (highest) | 28 | 55 (highest) | 55 (highest) |
| Capital discipline | 44 (highest) | 44 (highest) | 24 | 44 (highest) |
| Price vs. high estimate | No price data | No price data | 245% above high estimate | No price data |
| Market cap | $9.4M | $201.6M | $3.4M | $104.4M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2023 | FY2025 |