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.

STXS · Healthcare · Shallow moat

46/ 100
Shallow moat

Doesn't clear the bar

RARE · Healthcare · Shallow moat

46/ 100
Shallow moat

Doesn't clear the bar

NTLA · Healthcare · Shallow moat

46/ 100
Shallow moat

Doesn't clear the bar

XTNT · Healthcare · Shallow moat

46/ 100
Shallow moat

Doesn't clear the bar

MeasureSTXSRARENTLAXTNT
Moat Score (0–100)46 (highest)46 (highest)46 (highest)46 (highest)
Pricing power86100 (highest)100 (highest)96
Returns on capital0004 (highest)
Balance-sheet safety55 (highest)55 (highest)55 (highest)55 (highest)
Capital discipline44 (highest)242424
Margin of safetyNo price dataNo price dataNo price dataNo price data
Market cap$2.8B$1.3B$63.0M
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2025FY2025FY2025
STXS vs RARE vs NTLA vs XTNT — Moat Score Comparison · Buy Like Buffett