The Moat Index
Compare moats, side by side.
Two to four companies, scored on the same four filters from their SEC filings — so the comparison is apples to apples. The method is fully public.
TEVA · Healthcare · Shallow moat
Doesn't clear the bar
| Measure | ONC | NEPH | PAHC | TEVA |
|---|---|---|---|---|
| Moat Score (0–100) | 48 (highest) | 48 (highest) | 48 (highest) | 48 (highest) |
| Pricing power | 94 (highest) | 92 | 56 | 79 |
| Returns on capital | 4 | 4 | 69 (highest) | 7 |
| Balance-sheet safety | 69 | 73 (highest) | 30 | 56 |
| Capital discipline | 24 | 24 | 22 | 55 (highest) |
| Margin of safety | No price data | No price data | No price data | 2909% above value |
| Market cap | $449.6B | $40.2M | — | $36.8B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |