Company Valuation: Cognex Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 13,748 8,147 7,185 6,151 6,030 11,193 - -
Change - -40.74% -11.8% -14.4% -1.96% 85.62% - -
Enterprise Value (EV) 1 13,424 7,965 6,983 5,964 5,767 10,783 10,559 10,307
Change - -40.66% -12.34% -14.58% -3.31% 86.97% -2.08% -2.38%
P/E ratio 49.8x 38.3x 64.2x 57.8x 52.9x 47.4x 39.8x 32.8x
PBR 9.78x 5.73x 4.76x 4.08x 4.08x 7x 6.28x 5.19x
PEG - -1.8x -1.4x -12.52x 5.47x 0x 2.1x 1.5x
Capitalization / Revenue 13.3x 8.1x 8.58x 6.73x 6.06x 10.1x 9.36x 8.5x
EV / Revenue 12.9x 7.92x 8.34x 6.52x 5.8x 9.76x 8.83x 7.82x
EV / EBITDA 40x 27.6x 45.2x 38.1x 26.9x 35.2x 29.8x 24.9x
EV / EBIT 42.6x 29.6x 50.9x 43.9x 29.6x 39.7x 33.1x 27.6x
EV / FCF 45x 35.6x 77.7x 44.5x 24.4x 38.4x 34.1x 29.5x
FCF Yield 2.22% 2.81% 1.29% 2.25% 4.11% 2.61% 2.93% 3.39%
Dividend per Share 2 0.245 0.265 0.286 0.305 0.325 0.3424 0.3653 0.3834
Rate of return 0.32% 0.56% 0.69% 0.85% 0.9% 0.51% 0.54% 0.57%
EPS 2 1.56 1.23 0.65 0.62 0.68 1.419 1.691 2.05
Distribution rate 15.7% 21.5% 44% 49.2% 47.8% 24.1% 21.6% 18.7%
Net sales 1 1,037 1,006 837.5 914.5 994.4 1,104 1,196 1,317
EBITDA 1 335.4 288.3 154.5 156.4 214.1 306.6 354.2 413.4
EBIT 1 315.1 268.7 137.3 136 194.7 271.8 319 373.4
Net income 1 279.9 215.5 113.2 106.2 114.4 238.5 281.2 342.1
Net Debt 1 -323.6 -181.4 -202.7 -186.1 -262.9 -410.3 -634.8 -886.6
Reference price 2 77.76 47.11 41.74 35.86 35.98 67.26 67.26 67.26
Nbr of stocks (in thousands) 176,799 172,930 172,142 171,515 167,598 166,419 - -
Announcement Date 17/02/22 16/02/23 15/02/24 12/02/25 11/02/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
46.19x9.52x34.31x0.52% 10.93B
38.81x5.08x18.99x0.32% 21.16B
167.81x - - - 9.85B
55.59x - - - 9.43B
47.64x5.95x24.17x - 7.85B
8.59x - - 6.27% 7.34B
22.7x2.44x11.26x1.74% 6.21B
110.69x9.67x52.02x0.4% 5.92B
34.67x4.42x20.16x1.58% 5.15B
42.12x6.31x28.48x1.29% 4.86B
Average 57.48x 6.20x 27.06x 1.73% 8.87B
Weighted average by Cap. 57.72x 6.19x 25.56x 1.4%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Equities
  3. CGNX Stock
  4. Valuation Cognex Corporation