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.

Try AAPL vs MSFT vs KO, V vs MA, or COST vs WMT vs TGT.

SCND · Healthcare · No moat

37/ 100
No moat

Doesn't clear the bar

AMPH · Healthcare · No moat

38/ 100
No moat

Doesn't clear the bar

ADPT · Healthcare · No moat

38/ 100
No moat

Doesn't clear the bar

HBIO · Healthcare · No moat

37/ 100
No moat

Doesn't clear the bar

MeasureSCNDAMPHADPTHBIO
Moat Score (0–100)3738 (highest)38 (highest)37
Pricing power556291 (highest)89
Returns on capital419 (highest)00
Balance-sheet safety55 (highest)202828
Capital discipline4447 (highest)2424
Margin of safetyNo price data16% below valueNo price dataNo price data
Market cap$8.0M$901.3M$3.5B$278.6M
Moat tierNo moatNo moatNo moatNo moat
Filings as ofFY2025FY2025FY2025FY2025
SCND vs AMPH vs ADPT vs HBIO — Moat Score Comparison · Buy Like Buffett