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.
MRVI · Healthcare · Shallow moat
Doesn't clear the bar
| Measure | RGEN | ANIK | MRVI | CDIX |
|---|---|---|---|---|
| Moat Score (0–100) | 52 | 53 (highest) | 52 | 51 |
| Pricing power | 85 | 89 (highest) | 60 | 59 |
| Returns on capital | 11 | 14 | 67 | 83 (highest) |
| Balance-sheet safety | 56 (highest) | 55 | 28 | 0 |
| Capital discipline | 60 (highest) | 54 | 44 | 44 |
| Margin of safety | 617% above value | No price data | No price data | No price data |
| Market cap | $8.3B | $211.8M | $1.0B | $12.3M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |