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CogstateASX:CGS -1.94%79 3-Year Share Buyback Ratio is 0.90 as of Dec. 2025. GuruFocus rates ASX:CGS with a GF Score™ of 79/100 and a GF Value™ of A$2.11 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 444 Healthcare Providers & Services companies, Cogstate ranks better than 88.29% on this metric.
Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Cogstate's current 3-Year Share Buyback Ratio was 0.90%.
The historical rank and industry rank for Cogstate's 3-Year Share Buyback Ratio or its related term are showing as below:
ASX:CGS'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -14 Med: -9.5 Max: 0.9
Current: 0.9
During the past 13 years, Cogstate's highest 3-Year Share Buyback Ratio was 0.90%. The lowest was -14.00%. And the median was -9.50%.
ASX:CGS's 3-Year Share Buyback Ratio is ranked better than 88.29% of 444
companies
in the Healthcare Providers & Services industry
Industry Median: -1.8
vs ASX:CGS: 0.90
Cogstate (ASX:CGS) 3-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
Cogstate 3-Year Share Buyback Ratio Related Terms
ASX:CGS vs VEEV, BTSG, TEM: 3-Year Share Buyback Ratio Comparison
For the Health Information Services subindustry, Cogstate's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Cogstate's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Cogstate's 3-Year Share Buyback Ratio falls into.
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Share Buyback Ratio of 0.90 mean?
Cogstate (ASX:CGS) has a 3-Year Share Buyback Ratio of 0.90 as of Dec. 2025. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Cogstate and its competitors. According to the industry distribution chart, Cogstate ranks #52 out of 444 companies in the Healthcare Providers & Services industry, placing it in the top 11.7%.
Is Cogstate's 3-Year Share Buyback Ratio too high?
Cogstate's current 3-Year Share Buyback Ratio is 0.90. Based on the distribution chart, Cogstate ranks #52 out of 444 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 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cogstate's 3-Year Share Buyback Ratio compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Cogstate ranks #52 out of 444 companies for 3-Year Share Buyback Ratio. This places Cogstate in the top 12% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for a Healthcare Providers & Services company?
A good 3-Year Share Buyback Ratio depends on the Healthcare Providers & Services industry context. However, 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Cogstate and its competitors. Cogstate's current 3-Year Share Buyback Ratio is 0.90. 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 (ASX:CGS) is currently considered Modestly Overvalued. The stock's GF Value™ is A$2.11, compared to a current price of A$2.53 — trading 19.9% above its estimated fair value. The current 3-Year Share Buyback Ratio is 0.90. Cogstate's overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For Cogstate (ASX:CGS), the current 3-Year Share Buyback Ratio is 0.90 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 (ASX:CGS) Overvalued in 2026?
Based on GuruFocus' analysis, Cogstate stock appears to be overvalued.
The current stock price of A$2.53 is trading 19.9% above its estimated GF Value™ of A$2.11.
GuruFocus considers Cogstate to be Modestly Overvalued.
Key valuation signals for ASX:CGS:
3-Year Share Buyback Ratio: 0.90
GF Value™: A$2.11 vs. price of A$2.53 (19.9% above fair value)
No single metric tells the full story. See the ASX:CGS 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.
79GF Score
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