Kiniksa Pharmaceuticals, Ltd. KNSA

Competitive advantage analysis · healthcare

Corporate Default
Overall moat score
65/100
Moderate

About Kiniksa Pharmaceuticals, Ltd.

Kiniksa Pharmaceuticals International, plc, a biopharmaceutical company, develops and commercializes medical therapies in the United States, the United Kingdom, and internationally. The company offers ARCALYST, an interleukin-1alpha and 1beta cytokine trap for the treatment of recurrent pericarditis, a chronic autoinflammatory cardiovascular disease and cardiac sarcoidosis. It also develops KPL-387, an investigational and fully human immunoglobulin G2 monoclonal antibody, which is … Full KNSA analysis →

Competitive advantage assessment

Key strengths

  • Strong Interest Coverage & Conservative Leverage Debt serviceability is strong (score 0.85), with robust interest coverage.
  • Consistent Cash Generation Cash generation is strong and consistent (score 0.81).

Key risks

  • Revenue Volatility Signals Weak Stickiness Revenue volatility is high (stability score 0.16), suggesting weak customer stickiness.
  • Volatile Margins Suggest Cyclicality Margin volatility is high (stability score 0.21), suggesting cyclical exposure or competitive pressure.

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

Upgrade to unlock the signals and evidence behind each defense.

Premium access

Unlock full defense analysis

Get key signals, strengths, and risks for every moat dimension.

Upgrade to Premium Unlock all moat defenses and evidence.

Pricing Power

Developing
44

Where KNSA ranks in Drug Manufacturers - Specialty & Generic

Kiniksa Pharmaceuticals, Ltd. ranks #21 of 91 scored companies in Drug Manufacturers - Specialty & Generic by moat score — the top 23%. The widest moat in the group is Zoetis Inc. (ZTS) at 85/100.

Moat scores for companies ranked near KNSA in Drug Manufacturers - Specialty & Generic
# Company Moat score Rating
17 Akebia Therapeutics, Inc. AKBA 67/100 Moderate
18 Indivior PLC INDV 67/100 Moderate
19 Organogenesis Holdings Inc. ORGO 66/100 Moderate
20 Emergent BioSolutions Inc. EBS 66/100 Moderate
21 Kiniksa Pharmaceuticals, Ltd. KNSA 65/100 Moderate
22 Teva Pharmaceutical Industries TEVA 64/100 Moderate
23 Pacira BioSciences, Inc. PCRX 62/100 Moderate
24 Harrow, Inc. HROW 61/100 Moderate
25 Takeda Pharmaceutical Company L TAK 59/100 Moderate

See every Pharma / Mature Biotech company ranked by moat score →

How KNSA scores on the Corporate Default defenses

Pricing Power

Score 44 · 20% of the moat score

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

Cost Advantage

Score 74 · 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 55 · 15% of the moat score

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

Capital Efficiency

Score 72 · 18% of the moat score

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

Resilience

Score 82 · 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 70 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding KNSA's moat

What is Kiniksa Pharmaceuticals, Ltd.'s moat score?

Kiniksa Pharmaceuticals, Ltd. (KNSA) scores 65 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as moderate. It ranks #21 of 91 scored companies in Drug Manufacturers - Specialty & Generic, the top 23%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 90 companies in Drug Manufacturers - Specialty & Generic. Its strongest defense is Resilience (82/100) and its weakest is Pricing Power (44/100).

How does Kiniksa Pharmaceuticals, Ltd. compare with other Drug Manufacturers - Specialty & Generic companies?

Kiniksa Pharmaceuticals, Ltd. ranks #21 of 91 scored companies in Drug Manufacturers - Specialty & Generic by moat score. The widest moat in Drug Manufacturers - Specialty & Generic is Zoetis Inc. (ZTS) at 85/100. The companies ranked closest are Emergent BioSolutions Inc. (EBS) at 66 just above it and Teva Pharmaceutical Industries (TEVA) at 64 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 90 companies in Drug Manufacturers - Specialty & Generic. The defenses are then weighted to produce the overall score out of 100.

Why is Kiniksa Pharmaceuticals, 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 Kiniksa Pharmaceuticals, Ltd.?

The Corporate Default template measures 6 defenses, and KNSA scores: Pricing Power (44), Cost Advantage (74), Customer Stickiness (55), Capital Efficiency (72), Resilience (82), Scale & Market Position (70). 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.

Send Feedback
Please select a category.
0/1000