Cogstate Limited Logo

Cogstate Limited

CGS.AX

(1.8)
Stock Price

0,98 AUD

17.54% ROA

17.2% ROE

18.61x PER

Market Cap.

156.198.475,00 AUD

1.64% DER

0% Yield

12.54% NPM

Cogstate Limited Stock Analysis

Cogstate Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Cogstate Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (27.49%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 ROA

The stock's ability to make a lot of money from its assets shows that it is very profitable, making it a good choice for people who want to invest and make a lot of money.

3 DER

The stock has a low debt to equity ratio (4%), which means it has a small amount of debt compared to the ownership it holds

4 Assets Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

5 PBV

The stock's elevated P/BV ratio (4.99x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

6 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

7 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

8 Graham Number

The Graham number analysis indicates that this company's stock price is likely overpriced, raising concerns about its investment potential.

9 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

10 Dividend

Investors should be cautious as the company hasn't distributed dividends in the last three years, possibly indicating financial challenges.

11 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock seems overpriced (-1), indicating a potential drawback for investors as its market price exceeds its estimated intrinsic value.

Cogstate Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Cogstate Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Cogstate Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Cogstate Limited Revenue
Year Revenue Growth
2003 203.742
2004 134.302 -51.7%
2005 782.146 82.83%
2006 1.540.448 49.23%
2007 1.993.092 22.71%
2008 3.619.834 44.94%
2009 6.770.939 46.54%
2010 8.060.984 16%
2011 8.692.535 7.27%
2012 12.295.485 29.3%
2013 11.373.514 -8.11%
2014 11.547.848 1.51%
2015 12.328.283 6.33%
2016 27.252.055 54.76%
2017 35.012.765 22.17%
2018 37.371.444 6.31%
2019 30.531.049 -22.4%
2020 34.513.490 11.54%
2020 33.967.948 -1.61%
2021 43.818.798 22.48%
2022 62.025.516 29.35%
2023 60.137.147 -3.14%
2024 154.189.012 61%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Cogstate Limited Research and Development Expenses
Year Research and Development Expenses Growth
2003 0
2004 28.496 100%
2005 198.484 85.64%
2006 176.088 -12.72%
2007 90.458 -94.66%
2008 144 -63157.34%
2009 161 11.18%
2010 52.074 99.69%
2011 21.367 -143.71%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2020 746.684 100%
2021 999.774 25.31%
2022 8.613.052 88.39%
2023 10.661.939 19.22%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Cogstate Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2003 842.020
2004 1.150.615 26.82%
2005 1.875.396 38.65%
2006 2.307.464 18.72%
2007 2.737.724 15.72%
2008 3.577.592 23.48%
2009 4.309.038 16.97%
2010 4.816.507 10.54%
2011 6.437.170 25.18%
2012 7.305.577 11.89%
2013 6.396.920 -14.2%
2014 7.179.067 10.89%
2015 7.391.185 2.87%
2016 9.273.367 20.3%
2017 12.322.052 24.74%
2018 15.855.198 22.28%
2019 13.697.320 -15.75%
2020 12.282.784 -11.52%
2020 8.429.675 -45.71%
2021 10.260.465 17.84%
2022 11.798.628 13.04%
2023 14.414.466 18.15%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Cogstate Limited EBITDA
Year EBITDA Growth
2003 -816.032
2004 -1.367.220 40.31%
2005 -2.293.371 40.38%
2006 -1.337.240 -71.5%
2007 -1.450.969 7.84%
2008 -827.569 -75.33%
2009 1.267.950 165.27%
2010 739.830 -71.38%
2011 -493.172 250.01%
2012 3.510.576 114.05%
2013 -813.451 531.57%
2014 -3.564.286 77.18%
2015 -1.688.398 -111.1%
2016 1.690.860 199.85%
2017 542.070 -211.93%
2018 1.083.210 49.96%
2019 -4.797.330 122.58%
2020 118.952 4133%
2020 -1.223.300 109.72%
2021 8.219.659 114.88%
2022 18.299.030 55.08%
2023 7.268.550 -151.76%
2024 48.677.640 85.07%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Cogstate Limited Gross Profit
Year Gross Profit Growth
2003 203.742
2004 134.302 -51.7%
2005 782.146 82.83%
2006 1.348.301 41.99%
2007 1.845.421 26.94%
2008 3.519.106 47.56%
2009 6.285.206 44.01%
2010 6.837.476 8.08%
2011 7.860.168 13.01%
2012 10.941.899 28.16%
2013 6.359.729 -72.05%
2014 5.109.808 -24.46%
2015 6.277.587 18.6%
2016 5.276.213 -18.98%
2017 5.176.110 -1.93%
2018 7.505.586 31.04%
2019 2.109.850 -255.74%
2020 15.152.991 86.08%
2020 1.963.190 -671.86%
2021 10.402.001 81.13%
2022 21.632.453 51.91%
2023 12.286.527 -76.07%
2024 57.273.744 78.55%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Cogstate Limited Net Profit
Year Net Profit Growth
2003 -883.887
2004 -1.833.827 51.8%
2005 -1.695.907 -8.13%
2006 -1.189.444 -42.58%
2007 -1.402.254 15.18%
2008 -714.207 -96.34%
2009 1.153.786 161.9%
2010 1.391.760 17.1%
2011 -904.395 253.89%
2012 2.509.325 136.04%
2013 -1.786.171 240.49%
2014 -3.660.906 51.21%
2015 -3.882.727 5.71%
2016 2.641.919 246.97%
2017 -853.062 409.7%
2018 -730.367 -16.8%
2019 -3.489.836 79.07%
2020 -1.917.232 -82.02%
2020 -2.918.649 34.31%
2021 7.015.645 141.6%
2022 10.369.312 32.34%
2023 5.304.013 -95.5%
2024 20.932.340 74.66%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Cogstate Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Cogstate Limited Free Cashflow
Year Free Cashflow Growth
2004 -1.624.009
2005 -2.101.738 22.73%
2006 -1.664.321 -26.28%
2007 -1.470.130 -13.21%
2008 -1.061.014 -38.56%
2009 514.887 306.07%
2010 615.865 16.4%
2011 399.644 -54.1%
2012 939.857 57.48%
2013 -1.997.928 147.04%
2014 -4.179.889 52.2%
2015 -3.586.127 -16.56%
2016 1.000.620 458.39%
2017 1.782.050 43.85%
2018 -3.799.952 146.9%
2019 -2.803.549 -35.54%
2020 -3.567.160 21.41%
2021 17.240.237 120.69%
2022 8.543.983 -101.78%
2023 -1.525.767 659.98%
2024 8.246.595 118.5%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Cogstate Limited Operating Cashflow
Year Operating Cashflow Growth
2004 -1.585.329
2005 -2.007.018 21.01%
2006 -1.584.536 -26.66%
2007 -1.353.744 -17.05%
2008 -704.537 -92.15%
2009 914.575 177.03%
2010 1.408.847 35.08%
2011 510.188 -176.14%
2012 1.290.976 60.48%
2013 -1.627.592 179.32%
2014 -3.409.015 52.26%
2015 -2.776.925 -22.76%
2016 2.630.578 205.56%
2017 3.242.491 18.87%
2018 -101.937 3280.88%
2019 608.362 116.76%
2020 1.111.590 45.27%
2021 21.605.928 94.86%
2022 13.454.994 -60.58%
2023 1.760.436 -664.3%
2024 9.854.209 82.14%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Cogstate Limited Capital Expenditure
Year Capital Expenditure Growth
2004 38.680
2005 94.720 59.16%
2006 79.785 -18.72%
2007 116.386 31.45%
2008 356.477 67.35%
2009 399.688 10.81%
2010 792.982 49.6%
2011 110.543 -617.35%
2012 351.119 68.52%
2013 370.336 5.19%
2014 770.874 51.96%
2015 809.202 4.74%
2016 1.629.958 50.35%
2017 1.460.441 -11.61%
2018 3.698.015 60.51%
2019 3.411.911 -8.39%
2020 4.678.750 27.08%
2021 4.365.691 -7.17%
2022 4.911.011 11.1%
2023 3.286.203 -49.44%
2024 1.607.614 -104.41%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Cogstate Limited Equity
Year Equity Growth
2003 4.244.611
2004 4.233.072 -0.27%
2005 2.920.714 -44.93%
2006 2.297.425 -27.13%
2007 1.343.258 -71.03%
2008 1.842.049 27.08%
2009 3.983.744 53.76%
2010 5.966.903 33.24%
2011 6.736.561 11.43%
2012 10.461.463 35.61%
2013 8.039.385 -30.13%
2014 12.253.807 34.39%
2015 7.758.163 -57.95%
2016 13.794.905 43.76%
2017 14.447.981 4.52%
2018 15.814.670 8.64%
2019 14.410.512 -9.74%
2020 22.494.888 35.94%
2021 29.015.433 22.47%
2022 47.876.259 39.39%
2023 56.619.208 15.44%
2024 40.921.806 -38.36%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Cogstate Limited Assets
Year Assets Growth
2003 4.438.195
2004 4.390.079 -1.1%
2005 3.347.500 -31.15%
2006 2.828.505 -18.35%
2007 1.999.300 -41.47%
2008 2.657.795 24.78%
2009 5.224.126 49.12%
2010 7.346.522 28.89%
2011 8.398.571 12.53%
2012 12.184.948 31.07%
2013 10.088.090 -20.79%
2014 14.228.833 29.1%
2015 10.972.005 -29.68%
2016 19.629.288 44.1%
2017 21.869.288 10.24%
2018 25.433.721 14.01%
2019 27.415.984 7.23%
2020 46.358.977 40.86%
2021 68.442.893 32.27%
2022 84.994.683 19.47%
2023 81.223.728 -4.64%
2024 57.837.955 -40.43%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Cogstate Limited Liabilities
Year Liabilities Growth
2003 193.583
2004 157.007 -23.3%
2005 426.786 63.21%
2006 531.080 19.64%
2007 656.041 19.05%
2008 815.745 19.58%
2009 1.240.382 34.23%
2010 1.379.619 10.09%
2011 1.662.009 16.99%
2012 1.723.485 3.57%
2013 2.048.705 15.87%
2014 1.975.025 -3.73%
2015 3.213.842 38.55%
2016 5.834.383 44.92%
2017 7.421.307 21.38%
2018 9.619.051 22.85%
2019 13.005.472 26.04%
2020 23.864.088 45.5%
2021 39.427.459 39.47%
2022 37.118.423 -6.22%
2023 24.604.520 -50.86%
2024 16.916.147 -45.45%

Cogstate Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0.39
Net Income per Share
0.05
Price to Earning Ratio
18.61x
Price To Sales Ratio
2.36x
POCF Ratio
15.52
PFCF Ratio
22.03
Price to Book Ratio
3.78
EV to Sales
1.91
EV Over EBITDA
9.35
EV to Operating CashFlow
12.72
EV to FreeCashFlow
17.87
Earnings Yield
0.05
FreeCashFlow Yield
0.05
Market Cap
0,16 Bil.
Enterprise Value
0,13 Bil.
Graham Number
0.51
Graham NetNet
0.12

Income Statement Metrics

Net Income per Share
0.05
Income Quality
1.2
ROE
0.17
Return On Assets
0.14
Return On Capital Employed
0.21
Net Income per EBT
0.77
EBT Per Ebit
1.15
Ebit per Revenue
0.14
Effective Tax Rate
0.23

Margins

Sales, General, & Administrative to Revenue
0.06
Research & Developement to Revenue
0.02
Stock Based Compensation to Revenue
0.02
Gross Profit Margin
0.27
Operating Profit Margin
0.14
Pretax Profit Margin
0.16
Net Profit Margin
0.13

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
0.06
Free CashFlow per Share
0.04
Capex to Operating CashFlow
0.29
Capex to Revenue
0.04
Capex to Depreciation
0.69
Return on Invested Capital
0.17
Return on Tangible Assets
0.18
Days Sales Outstanding
55.57
Days Payables Outstanding
1.52
Days of Inventory on Hand
8.19
Receivables Turnover
6.57
Payables Turnover
239.67
Inventory Turnover
44.55
Capex per Share
0.02

Balance Sheet

Cash per Share
0,18
Book Value per Share
0,24
Tangible Book Value per Share
0.18
Shareholders Equity per Share
0.24
Interest Debt per Share
0
Debt to Equity
0.02
Debt to Assets
0.01
Net Debt to EBITDA
-2.17
Current Ratio
3.45
Tangible Asset Value
0,03 Bil.
Net Current Asset Value
0,03 Bil.
Invested Capital
42335727
Working Capital
0,03 Bil.
Intangibles to Total Assets
0.18
Average Receivables
0,01 Bil.
Average Payables
0,00 Bil.
Average Inventory
542112.5
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Cogstate Limited Dividends
Year Dividends Growth

Cogstate Limited Profile

About Cogstate Limited

Cogstate Limited, a neuroscience technology company, provides computerized cognitive tests and electronic clinical outcome assessment solutions. The company's cognitive services include project management, data management, scientific consulting, statistical analysis, scales procurement, rater training, and monitoring solutions. It operates in Clinical Trials and Healthcare segments. The Clinical Trials segment provides technology and associated services that are used to quantify the effect of diseases and drugs, and devices or other interventions on human subjects participating in clinical trials primarily conducted by pharmaceutical and biotechnology companies. The Healthcare segment provides Cognigram, a system for regular and standardized testing to assist primary care physicians and/or hospitals in the early detection of cognitive decline. As of June 30, 2022, it had participated in approximately 1,800 academic research. Cogstate Limited was incorporated in 1999 and is based in Melbourne, Australia.

CEO
Mr. Bradley John O'Connor B.Bu
Employee
160
Address
161 Collins Street
Melbourne, 3000

Cogstate Limited Executives & BODs

Cogstate Limited Executives & BODs
# Name Age
1 Mr. David James Franks BEc, C.A., F Fin, J.P.
Joint Company Secretary
70
2 Mr. Kenneth Billard
Chief Commercial Officer
70
3 Ms. Rachel Colite
Executive Vice President of Clinical Trials
70
4 Mr. Darren Watson
Chief Financial Officer
70
5 Prof. Paul Maruff BBSc (Hons), Ph.D.
Founder & Chief Innovation Officer
70
6 Ms. Kristi Geddes
General Counsel, Joint Company Secretary & Director
70
7 Mr. Bradley John O'Connor B.Bus, C.A., CA
Chief Executive Officer, MD & Executive Director
70

Cogstate Limited Competitors