Alpha Cognition Inc. (ACOG) intrinsic value & 10-year financials
Alpha Cognition Inc. (ACOG) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 4 fiscal years revenue reached to $10.2M, with an average return on invested capital of 112.5%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $8.19
- Market cap
- $144.8M
- Revenue (FY2025)
- $10.2M
- ROIC (10-yr avg)
- 112.5%
- Free cash flow (FY2025)
- -$20.7M
ACOG 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $10.2M | -$20.7M | -$1.18 | -$20.7M | -221.7% | -39.8% |
| FY2024 | — | -$14.6M | -$2.02 | -$7.8M | — | -79.6% |
| FY2023 | — | -$13.8M | -$1.92 | — | — | 457.0% |
| FY2022 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Alpha Cognition Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Alpha Cognition Inc. has historically struggled to out-earn its cost of capital, averaging just -38.3% ROIC.
Alpha Cognition Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Alpha Cognition Inc. is evaluated under Benjamin Graham's defensive framework using SEC EDGAR fundamentals using an 8.5 + 2g earnings multiple and a 5.1% AAA bond-yield baseline.