COGT (Cogent Biosciences) Net Cash per Share: $2.86 (As of Jun. 2026) — Near Median

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COGT Cogent Biosciences Inc COGT
28 GF Score
Price $36.71
! 3 Warning Signs
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What is Cogent Biosciences Net Cash per Share?

Cogent Biosciences COGT +4.02% 28 Net Cash per Share is $2.86 as of Jun. 2026, which is 7% below its 10-year median of 3.06. GuruFocus rates COGT with a GF Score™ of 28/100. The stock has 3 warning signs investors should review. Among 739 Biotechnology companies, Cogent Biosciences ranks worse than 76.45% on this metric.

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Cogent Biosciences's Net Cash per Share for the quarter that ended in Jun. 2026 was $2.86.

The historical rank and industry rank for Cogent Biosciences's Net Cash per Share or its related term are showing as below:

COGT' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 0.78   Med: 3.06   Max: 67.33
Current: 12.84

During the past 11 years, the highest Price-to-Net-Cash Ratio of Cogent Biosciences was 67.33. The lowest was 0.78. And the median was 3.06.

COGT's Price-to-Net-Cash is ranked worse than
76.45% of 739 companies
in the Biotechnology industry
Industry Median: 5.1 vs COGT: 12.84

Cogent Biosciences  (NAS:COGT) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Cogent Biosciences Net Cash per Share Related Terms


Cogent Biosciences Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Cogent Biosciences's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cogent Biosciences Net Cash per Share Chart

Cogent Biosciences Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.61 3.06 2.44 1.95 3.72

Cogent Biosciences Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.04 1.91 3.72 3.34 2.86

COGT vs MIRM, ERAS, RYTM: Net Cash per Share Comparison

For the Biotechnology subindustry, Cogent Biosciences's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cogent Biosciences Price-to-Net-Cash vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Cogent Biosciences's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Cogent Biosciences's Price-to-Net-Cash falls into.


COGT
28GF Score
Cogent Biosciences Inc COGT
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Cogent Biosciences Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Cogent Biosciences's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as

Net Cash per Share (A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(900.765-301.236-0)/160.980
=3.72

Cogent Biosciences's Net Cash per Share for the quarter that ended in Jun. 2026 is calculated as

Net Cash per Share (Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(792.3-302.158-0)/171.598
=2.86

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of $2.86 mean?
Cogent Biosciences (COGT) has a Net Cash per Share of $2.86 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Cogent Biosciences and its competitors. This is near median its historical median of 3.06. Over the past decade, Cogent Biosciences' Net Cash per Share has ranged from 0.78 to 67.33. According to the industry distribution chart, Cogent Biosciences ranks #565 out of 739 companies in the Biotechnology industry, placing it in the top 76.5%.
Is Cogent Biosciences' Net Cash per Share too high?
Cogent Biosciences' current Net Cash per Share of $2.86 is near median its 10-year median of 3.06. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 67.33. The Biotechnology industry median Net Cash per Share is 5.10. Cogent Biosciences' value of $2.86 is 43.9% below this industry median. Based on the distribution chart, Cogent Biosciences ranks #565 out of 739 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Cogent Biosciences has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Cogent Biosciences' Net Cash per Share compare to MIRM and ERAS?
According to the Biotechnology industry distribution chart, Cogent Biosciences ranks #565 out of 739 companies for Net Cash per Share. This places Cogent Biosciences in the lower half of its industry. The industry median Net Cash per Share is 5.10. Cogent Biosciences' value of $2.86 is 43.9% below this benchmark. Historically, Cogent Biosciences' own Net Cash per Share has ranged from 0.78 to 67.33 over the past decade. While the company's 10-year median is 3.06 vs. the industry median of 5.10, Cogent Biosciences has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Biotechnology company?
The median Net Cash per Share among Biotechnology companies is 5.10, based on 739 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cogent Biosciences's current Net Cash per Share of $2.86 is 43.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Cogent Biosciences and its competitors. For the Biotechnology industry, the median Net Cash per Share is 5.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cogent Biosciences's current Net Cash per Share is $2.86, which is near median its own 10-year median of 3.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cogent Biosciences stock overvalued right now?
Cogent Biosciences (COGT) has a current Net Cash per Share of $2.86. The current Net Cash per Share is $2.86, which is near median its 10-year median of 3.06 and 43.9% below the Biotechnology industry median of 5.10. Cogent Biosciences' overall GF Score™ is 28/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Cogent Biosciences (COGT), the current Net Cash per Share is $2.86 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cogent Biosciences Business Description

Address 275 Wyman Street, 3rd Floor, Waltham, MA, USA, 02451
Cogent Biosciences Inc a biotechnology company focused on developing precision therapies for genetically defined diseases. It designs rational precision therapies that treat the underlying cause of disease and improve the lives of patients. Its program CGT9486, is a selective tyrosine kinase inhibitor designed to potently inhibit the KIT D816V mutation as well as other mutations in KIT exon 17. In the vast majority of cases, KIT D816V is responsible for driving Systemic Mastocytosis (SM), a serious disease caused by the unchecked proliferation of mast cells. Exon 17 mutations are also found in patients with advanced gastrointestinal stromal tumors (GIST), a type of cancer with dependence on oncogenic KIT signaling.
28GF Score

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