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.
WLSS · Healthcare · No 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%.
ATRA · Healthcare · No moat
Doesn't clear the bar
The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.
OGN · Healthcare · No 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%.
| Measure | WLSS | ATRA | OGN | INBP |
|---|---|---|---|---|
| Moat Score (0–100) | 35 | 36 (highest) | 36 (highest) | 35 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 20 | 72 (highest) | 34 | 22 |
| Pricing power | 70 | — | 93 (highest) | 10 |
| Returns on capital | — | 0 | — | 63 (highest) |
| Balance-sheet safety | 28 | 46 | 0 | 73 (highest) |
| Capital allocation | 24 (highest) | 24 (highest) | 15 | 8 |
| No price data | No price data | 67% below value if growth stopped today (largest discount to value if growth stopped today) | 52% below value if growth stopped today | |
| Market cap | $1.7M | $57.9M | $3.5B | $5M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |