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.
KNSA · Healthcare · Shallow moat
Doesn't clear the bar
| Measure | RIGL | HIMS | PLX | KNSA |
|---|---|---|---|---|
| Moat Score (0–100) | 55 | 56 (highest) | 56 (highest) | 55 |
| Pricing power | 99 (highest) | 89 | 67 | 96 |
| Returns on capital | 8 | 14 | 53 (highest) | 4 |
| Balance-sheet safety | 92 | 100 (highest) | 55 | 100 (highest) |
| Capital discipline | 24 | 24 | 44 (highest) | 24 |
| Margin of safety | No price data | No price data | No price data | 2690% above value |
| Market cap | $742.3M | $8.5B | $191.4M | $5.1B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |