Cognetivity Neurosciences (STU:1UB) ROIC %: -37.38% (As of Oct. 2023)

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What is Cognetivity Neurosciences ROIC %?

Cognetivity Neurosciences STU:1UB ROIC % is -37.38% as of Oct. 2023.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Cognetivity Neurosciences's annualized return on invested capital (ROIC %) for the quarter that ended in Oct. 2023 was -37.38%.

As of today (2026-09-07), Cognetivity Neurosciences's WACC % is 0.00%. Cognetivity Neurosciences's ROIC % is 0.00% (calculated using TTM income statement data). Cognetivity Neurosciences earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Cognetivity Neurosciences  (STU:1UB) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Cognetivity Neurosciences's WACC % is 0.00%. Cognetivity Neurosciences's ROIC % is 0.00% (calculated using TTM income statement data). Cognetivity Neurosciences earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Cognetivity Neurosciences ROIC % Related Terms


Cognetivity Neurosciences ROIC % Historical Data

* Premium members only.

The historical data trend for Cognetivity Neurosciences's ROIC % 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.

Cognetivity Neurosciences ROIC % Chart

Cognetivity Neurosciences Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
ROIC %
Get a 7-Day Free Trial -7,600.00 -1,177.65 -648.67 -1,339.93 -147.59

Cognetivity Neurosciences Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
ROIC % 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 -1,653.83 -147.83 -60.13 -42.66 -37.38

STU:1UB vs VEEV, GEHC, HQY: ROIC % Comparison

For the Health Information Services subindustry, Cognetivity Neurosciences's ROIC %, along with its competitors' market caps and ROIC % 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.


Cognetivity Neurosciences ROIC % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Cognetivity Neurosciences's ROIC % distribution charts can be found below:

* The bar in red indicates where Cognetivity Neurosciences's ROIC % falls into.



Cognetivity Neurosciences ROIC % Calculation

Cognetivity Neurosciences's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Jan. 2023 is calculated as:

ROIC % (A: Jan. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Jan. 2022 ) + Invested Capital (A: Jan. 2023 ))/ count )
=-4.418 * ( 1 - 0% )/( (1.113 + 4.874)/ 2 )
=-4.418/2.9935
=-147.59 %

where

Cognetivity Neurosciences's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Oct. 2023 is calculated as:

ROIC % (Q: Oct. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2023 ) + Invested Capital (Q: Oct. 2023 ))/ count )
=-2.468 * ( 1 - 0% )/( (6.164 + 7.041)/ 2 )
=-2.468/6.6025
=-37.38 %

where

Note: The Operating Income data used here is four times the quarterly (Oct. 2023) data. The tax rate is limited to between 0% and 100%.

* 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 ROIC % →
What does a ROIC % of -37.38% mean?
Cognetivity Neurosciences (STU:1UB) has a ROIC % of -37.38% as of Oct. 2023. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Cognetivity Neurosciences and its competitors.
Is Cognetivity Neurosciences' ROIC % too high?
Cognetivity Neurosciences' current ROIC % is -37.38%.
How does Cognetivity Neurosciences' ROIC % compare to VEEV and GEHC?
Cognetivity Neurosciences' ROIC % of -37.38% can be compared against companies in the Healthcare Providers & Services industry. The industry median ROIC % is 3.25. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Healthcare Providers & Services company?
The median ROIC % among Healthcare Providers & Services companies is 3.25, based on 676 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Cognetivity Neurosciences and its competitors. For the Healthcare Providers & Services industry, the median ROIC % is 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cognetivity Neurosciences's current ROIC % is -37.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cognetivity Neurosciences stock overvalued right now?
Cognetivity Neurosciences (STU:1UB) has a current ROIC % of -37.38%. The current ROIC % is -37.38%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Cognetivity Neurosciences (STU:1UB), the current ROIC % is -37.38% as of Oct. 2023. 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.

Cognetivity Neurosciences Business Description

Address 800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6
Cognetivity Neurosciences Ltd is a technology company developing a cognitive testing platform, the Integrated Cognitive Assessment (ICA), for use in medical, commercial, and consumer environments for potentially allowing early diagnosis of dementia. The Company is considered operating in one segment for development of the ICA platform. Its geographical areas include Canada, United Kingdom and Dubai.