Atara Biotherapeutics, Inc. ATRA

Competitive advantage analysis · healthcare

Corporate Default
Overall moat score
56/100
Moderate

About Atara Biotherapeutics, Inc.

Atara Biotherapeutics, Inc. engages in the development of transformative therapies for patients with cancer and autoimmune disease in the United States and the United Kingdom. Its lead product includes Tab-cel (tabelecleucel), a T-cell immunotherapy program that is in Phase 3 clinical trials for the treatment of epstein-barr virus (EBV) with post-transplant lymphoproliferative disease, as well as other EBV-driven diseases. The … Full ATRA analysis →

Competitive advantage assessment

Key strengths

  • Cost Leadership Position Operating margin at 93.6th percentile with strong OpEx control demonstrates cost leadership.
  • Consistent Cash Generation Cash generation is strong and consistent (score 0.78).

Key risks

  • ROIC Below WACC or Peers ROIC at 33.2th percentile suggests inefficient capital deployment.
  • Commodity Pressure / Weak Differentiation Gross margin at 38.8th percentile with high volatility suggests weak pricing power or commoditized products.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Moderate
57

Where ATRA ranks in Biotechnology

Atara Biotherapeutics, Inc. ranks #162 of 713 scored companies in Biotechnology by moat score — the top 23%. The widest moat in the group is Royalty Pharma plc (RPRX) at 85/100.

Moat scores for companies ranked near ATRA in Biotechnology
# Company Moat score Rating
158 Artelo Biosciences, Inc. ARTL 56/100 Moderate
159 Serina Therapeutics, Inc. SER 56/100 Moderate
160 Ascendis Pharma A/S ASND 56/100 Moderate
161 SAB Biotherapeutics, Inc. SABSW 56/100 Moderate
162 Atara Biotherapeutics, Inc. ATRA 56/100 Moderate
163 PharmaCyte Biotech, Inc. PMCB 56/100 Moderate
164 SAB Biotherapeutics, Inc. SABS 56/100 Moderate
165 Estrella Immunopharma, Inc. ESLA 56/100 Moderate
166 Apollomics Inc. APLM 56/100 Moderate

See every Biotech / Pre-Revenue company ranked by moat score →

How ATRA scores on the Corporate Default defenses

Pricing Power

Score 57 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 94 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 54 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 14 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 51 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 72 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding ATRA's moat

What is Atara Biotherapeutics, Inc.'s moat score?

Atara Biotherapeutics, Inc. (ATRA) scores 56 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as moderate. It ranks #162 of 713 scored companies in Biotechnology, the top 23%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 712 companies in Biotechnology. Its strongest defense is Cost Advantage (94/100) and its weakest is Capital Efficiency (14/100).

How does Atara Biotherapeutics, Inc. compare with other Biotechnology companies?

Atara Biotherapeutics, Inc. ranks #162 of 713 scored companies in Biotechnology by moat score. The widest moat in Biotechnology is Royalty Pharma plc (RPRX) at 85/100. The companies ranked closest are SAB Biotherapeutics, Inc. (SABSW) at 56 just above it and PharmaCyte Biotech, Inc. (PMCB) at 56 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 712 companies in Biotechnology. The defenses are then weighted to produce the overall score out of 100.

Why is Atara Biotherapeutics, Inc. scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for Atara Biotherapeutics, Inc.?

The Corporate Default template measures 6 defenses, and ATRA scores: Pricing Power (57), Cost Advantage (94), Customer Stickiness (54), Capital Efficiency (14), Resilience (51), Scale & Market Position (72). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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