Cognition Therapeutics Inc. (CGTX) intrinsic value & 10-year financials

Cognition Therapeutics Inc. (CGTX) has no Graham intrinsic value right now because the formula needs positive earnings.

Graham intrinsic value
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Share price (Oct 17, 2026)
$0.73
Market cap
$53.1M
Revenue (FY2025)
—
ROIC (10-yr avg)
1896.6%
Free cash flow (FY2025)
—

CGTX 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 — -$23.5M -$0.32 — — 1157.2%
FY2024 — -$34.0M -$0.86 -$28.5M — 995.2%
FY2023 — -$25.8M -$0.86 -$16.2M — 1829.2%
FY2022 — -$21.4M -$0.91 -$18.7M — 7047.1%
FY2021 — -$11.7M -$3.13 -$3.7M — 338.2%
FY2020 — -$7.8M -$2.38 -$3.4M — 12.4%
FY2019 — — — — — —

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

COGNITION THERAPEUTICS INC revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

COGNITION THERAPEUTICS INC has earned high returns on invested capital, averaging 27.6% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.

COGNITION THERAPEUTICS INC capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.

Benjamin Graham lens

COGNITION THERAPEUTICS 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.

CGTX stock: frequently asked questions

What is the intrinsic value of Cognition Therapeutics Inc. (CGTX) stock?

Graham's formula only works with positive earnings. Cognition Therapeutics Inc. reported diluted EPS of -$0.32 in fiscal 2025, so no Graham value is shown. The 10-year table shows revenue and cash-flow trends instead.

What is CGTX's return on invested capital?

Average ROIC over the last 7 fiscal years was 1896.6%, and average return on equity was -36.9%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this CGTX data come from?

From Cognition Therapeutics Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Aug 7, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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