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.
| Measure | TMDX | BCRX | IDXG | ALKS |
|---|---|---|---|---|
| Moat Score (0–100) | 53 (highest) | 53 (highest) | 53 (highest) | 52 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 85 (highest) | 80 | 58 | 52 |
| Pricing power | 85 | 100 (highest) | 73 | 100 (highest) |
| Returns on capital | 0 | 0 | 9 | 11 (highest) |
| Balance-sheet safety | 70 | 61 | 100 (highest) | 73 |
| Capital allocation | 24 | 24 | 24 | 27 (highest) |
| No price data | No price data | 77% below value if growth stopped today (largest discount to value if growth stopped today) | 226% above value if growth stopped today | |
| Market cap | $2.5B | $2.0B | $6.5M | $8.8B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |