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.

PETV · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

MGNX · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

TVTX · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

LCTX · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

MeasurePETVMGNXTVTXLCTX
Moat Score (0–100)41 (highest)41 (highest)41 (highest)41 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend65 (highest)555536
Pricing power70100 (highest)100 (highest)91
Returns on capital0 (highest)0 (highest)0 (highest)0 (highest)
Balance-sheet safety28282855 (highest)
Capital allocation44 (highest)242424
No price dataNo price dataNo price dataNo price data
Market cap$25.8M$234M$5.2B$250M
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2026FY2025FY2025FY2025