Valneva SE VALN

Competitive advantage analysis · healthcare

Corporate Default
Overall moat score
58/100
Moderate

About Valneva SE

Valneva SE, a specialty vaccine company, develops, manufactures, and commercializes prophylactic vaccines for infectious diseases with unmet needs. It offers IXIARO, an inactivated Vero cell culture-derived Japanese encephalitis vaccine indicated for active immunization against Japanese encephalitis; DUKORAL, an oral vaccine for the prevention of diarrhea caused by Vibrio cholera or heat-labile toxin producing enterotoxigenic Escherichia coli bacterium; and IXCHIQ/ VLA1553, … Full VALN analysis →

Competitive advantage assessment

Key strengths

  • Revenue Growth Consistent Revenue growth volatility is low (stability score 0.84), suggesting sticky customer base.
  • Cash Generation Consistent Cash generation is consistent (score 0.79), indicating reliable business model.

Key risks

  • Liquidity Concerns Liquidity is concerning (score 0.26), raising questions about short-term obligations.

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
52

Where VALN ranks in Biotechnology

Valneva SE ranks #130 of 713 scored companies in Biotechnology by moat score — the top 18%. The widest moat in the group is Royalty Pharma plc (RPRX) at 85/100.

Moat scores for companies ranked near VALN in Biotechnology
# Company Moat score Rating
126 Precision BioSciences, Inc. DTIL 58/100 Moderate
127 Structure Therapeutics Inc. GPCR 58/100 Moderate
128 Cullinan Therapeutics, Inc. CGEM 58/100 Moderate
129 IDEAYA Biosciences, Inc. IDYA 58/100 Moderate
130 Valneva SE VALN 58/100 Moderate
131 Zai Lab Limited ZLAB 58/100 Moderate
132 BioNTech SE BNTX 58/100 Moderate
133 Immunovant, Inc. IMVT 58/100 Moderate
134 Arcturus Therapeutics Holdings ARCT 58/100 Moderate

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

How VALN scores on the Corporate Default defenses

Pricing Power

Score 52 · 20% of the moat score

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

Cost Advantage

Score 80 · 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 81 · 15% of the moat score

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

Capital Efficiency

Score 40 · 18% of the moat score

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

Resilience

Score 52 · 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 50 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding VALN's moat

What is Valneva SE's moat score?

Valneva SE (VALN) scores 58 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as moderate. It ranks #130 of 713 scored companies in Biotechnology, the top 18%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 712 companies in Biotechnology. Its strongest defense is Customer Stickiness (81/100) and its weakest is Capital Efficiency (40/100).

How does Valneva SE compare with other Biotechnology companies?

Valneva SE ranks #130 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 IDEAYA Biosciences, Inc. (IDYA) at 58 just above it and Zai Lab Limited (ZLAB) at 58 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 Valneva SE 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 Valneva SE?

The Corporate Default template measures 6 defenses, and VALN scores: Pricing Power (52), Cost Advantage (80), Customer Stickiness (81), Capital Efficiency (40), Resilience (52), Scale & Market Position (50). 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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