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.
HRGN · Healthcare · No moat
Doesn't clear the bar
| Measure | SXTP | AAWH | BMRA | HRGN |
|---|---|---|---|---|
| Moat Score (0–100) | 18 (highest) | 18 (highest) | 18 (highest) | 18 (highest) |
| Pricing power | 0 | 44 (highest) | 8 | 12 |
| Returns on capital | 0 (highest) | 0 (highest) | 0 (highest) | 0 (highest) |
| Balance-sheet safety | 55 (highest) | 2 | 55 (highest) | 28 |
| Capital discipline | 36 | 24 | 24 | 44 (highest) |
| Margin of safety | No price data | No price data | No price data | No price data |
| Market cap | $11.1M | $91.0M | $4.1M | $18.5M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |