VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Saturday, January 10, 2026

Stock Comparison

Elevance Health, Inc. vs Judges Scientific plc

Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.

Elevance Health, Inc.

ELV · New York Stock Exchange

Market cap (USD)$82.8B
Gross margin (TTM)
Operating margin (TTM)
Net margin (TTM)
SectorHealthcare
IndustryMedical - Healthcare Plans
CountryUS
Data as of2026-01-09
Moat score
74/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Elevance Health, Inc.'s moat claims, evidence, and risks.

View ELV analysis

Judges Scientific plc

JDG · London Stock Exchange - AIM

Market cap (USD)$384.2M
Gross margin (TTM)31.8%
Operating margin (TTM)16.3%
Net margin (TTM)9.3%
SectorTechnology
IndustryHardware, Equipment & Parts
CountryGB
Data as of2026-01-06
Moat score
63/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Judges Scientific plc's moat claims, evidence, and risks.

View JDG analysis

Comparison highlights

  • Moat score gap: Elevance Health, Inc. leads (74 / 100 vs 63 / 100 for Judges Scientific plc).
  • Segment focus: Elevance Health, Inc. has 3 segments (85.2% in Health Benefits); Judges Scientific plc has 2 segments (51.7% in Vacuum).
  • Primary market structure: Oligopoly vs Competitive. Pricing power: Moderate vs Moderate.
  • Moat breadth: Elevance Health, Inc. has 8 moat types across 3 domains; Judges Scientific plc has 3 across 1.

Primary market context

Elevance Health, Inc.

Health Benefits

Market

U.S. health insurance and managed care

Geography

United States

Customer

Employers, individuals, and government programs

Role

Payer / managed care organization

Revenue share

85.2%

Judges Scientific plc

Vacuum

Market

Vacuum and surface-science related instrumentation (e.g., UHV/vacuum components and systems, thin-film/surface engineering adjacent tools)

Geography

Global

Customer

Research labs and high-tech manufacturing

Role

Equipment manufacturer

Revenue share

51.7%

Side-by-side metrics

Elevance Health, Inc.
Judges Scientific plc
Ticker / Exchange
ELV - New York Stock Exchange
JDG - London Stock Exchange - AIM
Market cap (USD)
$82.8B
$384.2M
Gross margin (TTM)
n/a
31.8%
Operating margin (TTM)
n/a
16.3%
Net margin (TTM)
n/a
9.3%
Sector
Healthcare
Technology
Industry
Medical - Healthcare Plans
Hardware, Equipment & Parts
HQ country
US
GB
Primary segment
Health Benefits
Vacuum
Market structure
Oligopoly
Competitive
Market share
n/a
n/a
HHI estimate
n/a
n/a
Pricing power
Moderate
Moderate
Moat score
74 / 100
63 / 100
Moat domains
Legal, Demand, Supply
Demand
Last update
2026-01-09
2026-01-06

Moat coverage

Shared moat types

Brand TrustSwitching Costs General

Elevance Health, Inc. strengths

Concession LicenseScale Economies Unit CostGovernment Contracting RelationshipsData Workflow LockinSuite BundlingScope Economies

Judges Scientific plc strengths

Buy-and-build acquisition engine

Segment mix

Elevance Health, Inc. segments

Full profile >

Health Benefits

Oligopoly

85.2%

CarelonRx

Oligopoly

12.8%

Carelon Services

Competitive

1.9%

Judges Scientific plc segments

Full profile >

Materials Sciences

Competitive

48.4%

Vacuum

Competitive

51.7%

Want the full wide moat stocks list?

Browse the full ranking of wide moat stocks, updated with moat scores and segment context.

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Looking for expansion-stage stocks?

Proven models entering the expansion stage with unit economics that work.

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Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.