CogstateCOGZF 90 Operating Margin % is 14.04% as of Dec. 2025, which is 245% above its 10-year median of 4.07. GuruFocus rates COGZF with a GF Score™ of 90/100 and a GF Value™ of $1.57 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 668 Healthcare Providers & Services companies, Cogstate ranks better than 89.82% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Cogstate's Operating Income for the
six
months ended in Dec. 2025 was $3.62 Mil. Cogstate's Revenue for the
six
months ended in Dec. 2025 was $25.78 Mil. Therefore, Cogstate's Operating Margin % for the quarter that ended in Dec. 2025 was 14.04%.
The historical rank and industry rank for Cogstate's Operating Margin % or its related term are showing as below:
COGZF'
s Operating Margin % Range Over the Past 10 Years
Min: -26.8 Med: 4.07 Max: 24.14
Current: 19.13
COGZF's Operating Margin % is ranked better than 89.82% of 668
companies
in the Healthcare Providers & Services industry
Industry Median: 4.845
vs COGZF: 19.13
Cogstate's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.
Cogstate's Operating Income for the
six
months ended in Dec. 2025 was $3.62 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $10.22 Mil.
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Cogstate Operating Margin % Related Terms
Cogstate Operating Margin % Historical Data
* Premium members only.
The historical data trend for Cogstate's Operating Margin % 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.
COGZF vs VEEV, BTSG, TEM: Operating Margin % Comparison
For the Health Information Services subindustry, Cogstate's Operating Margin %, along with its competitors' market caps and Operating Margin % 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.
Cogstate Operating Margin % vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Cogstate's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Cogstate's Operating Margin % falls into.
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Cogstate's Operating Margin % for the fiscal year that ended in Jun. 2025 is calculated as
* 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.
Cogstate (COGZF) has a Operating Margin % of 14.04% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Cogstate and its competitors. This is 245% above median its historical median of 4.07. According to the industry distribution chart, Cogstate ranks #68 out of 668 companies in the Healthcare Providers & Services industry, placing it in the top 10.2%.
Is Cogstate's Operating Margin % too high?
Cogstate's current Operating Margin % of 14.04% is 245% above median its 10-year median of 4.07. The Healthcare Providers & Services industry median Operating Margin % is 4.85. Cogstate's value of 14.04% is 189.8% above this industry median. Based on the distribution chart, Cogstate ranks #68 out of 668 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Cogstate has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cogstate's Operating Margin % compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Cogstate ranks #68 out of 668 companies for Operating Margin %. This places Cogstate in the top 10% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 4.85. Cogstate's value of 14.04% is 189.8% above this benchmark. While the company's 10-year median is 4.07 vs. the industry median of 4.85, Cogstate has consistently been above 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 Operating Margin % for a Healthcare Providers & Services company?
The median Operating Margin % among Healthcare Providers & Services companies is 4.85, based on 668 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cogstate's current Operating Margin % of 14.04% is 189.8% above 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Cogstate and its competitors. For the Healthcare Providers & Services industry, the median Operating Margin % is 4.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cogstate's current Operating Margin % is 14.04%, which is 245% above median its own 10-year median of 4.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cogstate stock overvalued right now?
Based on GuruFocus' analysis, Cogstate (COGZF) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.57, compared to a current price of $1.89 — trading 20.4% above its estimated fair value. The current Operating Margin % is 14.04%, which is 245% above median its 10-year median of 4.07 and 189.8% above the Healthcare Providers & Services industry median of 4.85. Cogstate's overall GF Score™ is 90/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Cogstate (COGZF), the current Operating Margin % is 14.04% as of Dec. 2025. 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.
Is Cogstate (COGZF) Overvalued in 2026?
Based on GuruFocus' analysis, Cogstate stock appears to be overvalued.
The current stock price of $1.89 is trading 20.4% above its estimated GF Value™ of $1.57.
GuruFocus considers Cogstate to be Modestly Overvalued.
Key valuation signals for COGZF:
Operating Margin %: 14.04% (245% above median its 10-year median of 4.07)
GF Value™: $1.57 vs. price of $1.89 (20.4% above fair value)
Industry Position: 189.8% above the Healthcare Providers & Services median (#68 of 668)
No single metric tells the full story. See the COGZF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cogstate Ltd is a cognitive science company. The principal activity of the group is the Creation, validation, and commercialisation of digital brain health assessments; and the Design and provision of quality assurance services in clinical trials, focused on the administration, scoring, and recording of conventional brain health assessments and reporting. Its operating segment includes Clinical Trials, Healthcare, and Administration. The company generates maximum revenue from the Clinical Trials segment. In the clinical trials segment, technology and services are sold to pharmaceutical and biotechnology companies. The company derives revenue from the sale of licensed software and cognitive testing services.
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