Is ATHE or ATRA more undervalued in 2026?

CirclFi compares Alterity Therapeutics Limited (ATHE) and Atara Biotherapeutics, Inc. (ATRA) using 13 institutional-grade valuation models. ATHE has a Quality of Company score of 1.8/10 while ATRA scores 4.8/10.

Which is a better buy — ATHE or ATRA?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do ATHE and ATRA valuations compare?

ATHE at $4.08 and ATRA at $11.26 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

ATHE vs ATRA Valuation Comparison 2026 — Intrinsic Value Analysis

ATHE

Biotechnology

Alterity Therapeutics Limited

Quality

1.8

out of 10

Value Trap

—

Price

$4.08

Last close

Models

8/13

Active

ATRA

Biotechnology

Atara Biotherapeutics, Inc.

Quality

4.8

out of 10

Value Trap

SAFE

Price

$11.26

Last close

Models

11/13

Active

Model-by-Model Comparison

Model	Type	ATHE Fair Value	ATHE Upside	ATRA Fair Value	ATRA Upside
Bayesian DCF	Intrinsic	$1.08	-73.5%	$2.31	-79.5%
Earnings Power Value	Intrinsic	—	—	$49.72	+496.1%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$1.07	-73.5%	$11.00	-2.3%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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ATHE vs ATRA — Which Stock Is More Undervalued?

ATRA scores higher with a 4.8/10 quality rating vs ATHE's 1.8/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Alterity Therapeutics Limited (ATHE) and Atara Biotherapeutics, Inc. (ATRA) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

ATHE currently trades at $4.08 with a QOC of 1.8/10, while ATRA trades at $11.26 with a QOC of 4.8/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).