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.

NXL · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

PCYN · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

STIM · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

FBIO · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureNXLPCYNSTIMFBIO
Moat Score (0–100)43 (highest)43 (highest)43 (highest)43 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend204755 (highest)33
Pricing power9799 (highest)9083
Returns on capital0 (highest)0 (highest)0 (highest)0 (highest)
Balance-sheet safety55 (highest)282855 (highest)
Capital allocation44 (highest)4344 (highest)44 (highest)
No price dataNo price dataNo price dataNo price data
Market cap$9.2M$2.1M$119M$105M
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2025FY2024FY2025FY2025