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.

SRTS · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

AVR · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.

CRMD · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

ESTA · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureSRTSAVRCRMDESTA
Moat Score (0–100)42 (highest)42 (highest)42 (highest)42 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend312078 (highest)65
Pricing power90701194 (highest)
Returns on capital11 (highest)—40
Balance-sheet safety555573 (highest)28
Capital allocation242444 (highest)24
11% below value if growth stopped todayNo price dataNo price dataNo price data
Market cap$45.6M$264M$591M$1.8B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2025FY2025FY2025FY2025