Compugen Ltd. CGEN

Competitive advantage analysis · healthcare

Corporate Default
Overall moat score
76/100
Strong

About Compugen Ltd.

Compugen Ltd., a clinical-stage therapeutic discovery and development company, engages in the research, development, and commercialization of therapeutics and product candidates in Israel, the United States, and Europe. The company's pipeline consists of COM701, an immuno-oncology pipeline program with an anti-PVRIG antibody; COM902, a therapeutic anti-TIGIT antibody, are in Phase 1 clinical trials and have been evaluated for the treatment … Full CGEN analysis →

Competitive advantage assessment

Key strengths

  • ROIC Sustainably Above Peers ROIC at 89.5th percentile exceeds peers and WACC, demonstrating superior capital allocation.
  • Cost Leadership Position Operating margin at 97.2th percentile with strong OpEx control demonstrates cost leadership.

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
70

Where CGEN ranks in Biotechnology

Compugen Ltd. ranks #25 of 713 scored companies in Biotechnology by moat score — the top 4%. The widest moat in the group is Royalty Pharma plc (RPRX) at 85/100.

Moat scores for companies ranked near CGEN in Biotechnology
# Company Moat score Rating
21 ADMA Biologics Inc ADMA 77/100 Strong
22 Ligand Pharmaceuticals Incorpor LGND 77/100 Strong
23 MiMedx Group, Inc MDXG 76/100 Strong
24 argenx SE ARGX 76/100 Strong
25 Compugen Ltd. CGEN 76/100 Strong
26 Rigel Pharmaceuticals, Inc. RIGL 76/100 Strong
27 ACADIA Pharmaceuticals Inc. ACAD 75/100 Moderate
28 BeiGene, Ltd. ONC 75/100 Moderate
29 Maze Therapeutics, Inc. MAZE 75/100 Moderate

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

How CGEN scores on the Corporate Default defenses

Pricing Power

Score 70 · 20% of the moat score

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

Cost Advantage

Score 98 · 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 76 · 15% of the moat score

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

Capital Efficiency

Score 82 · 18% of the moat score

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

Resilience

Score 62 · 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 CGEN's moat

What is Compugen Ltd.'s moat score?

Compugen Ltd. (CGEN) scores 76 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as strong. It ranks #25 of 713 scored companies in Biotechnology, the top 4%. 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 (98/100) and its weakest is Resilience (62/100).

How does Compugen Ltd. compare with other Biotechnology companies?

Compugen Ltd. ranks #25 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 argenx SE (ARGX) at 76 just above it and Rigel Pharmaceuticals, Inc. (RIGL) at 76 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 Compugen Ltd. 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 Compugen Ltd.?

The Corporate Default template measures 6 defenses, and CGEN scores: Pricing Power (70), Cost Advantage (98), Customer Stickiness (76), Capital Efficiency (82), Resilience (62), 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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