Company Valuation: Cognex Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 13,748 8,147 7,185 6,151 6,030 9,082 - -
Change - -40.74% -11.8% -14.4% -1.96% 50.62% - -
Enterprise Value (EV) 1 13,424 7,965 6,983 5,964 5,767 8,714 8,494 8,221
Change - -40.66% -12.34% -14.58% -3.31% 51.09% -2.52% -3.21%
P/E 49.8x 38.3x 64.2x 57.8x 52.9x 33.2x 28.1x 25.6x
PBR 9.78x 5.73x 4.76x 4.08x 4.08x 5.31x 4.71x 4.14x
PEG - -1.8x -1.4x -12.52x 5.47x 0x 1.6x 2.64x
Capitalization / Revenue 13.3x 8.1x 8.58x 6.73x 6.06x 7.92x 7.14x 6.44x
EV / Revenue 12.9x 7.92x 8.34x 6.52x 5.8x 7.6x 6.67x 5.83x
EV / EBITDA 40x 27.6x 45.2x 38.1x 26.9x 24.7x 20.6x 17.4x
EV / EBIT 42.6x 29.6x 50.9x 43.9x 29.6x 26.6x 21.8x 18.6x
EV / FCF 45x 35.6x 77.7x 44.5x 24.4x 30.3x 24.4x 21.1x
FCF Yield 2.22% 2.81% 1.29% 2.25% 4.11% 3.3% 4.11% 4.74%
Dividend per Share 2 0.245 0.265 0.286 0.305 0.325 0.343 0.3647 0.3762
Rate of return 0.32% 0.56% 0.69% 0.85% 0.9% 0.64% 0.68% 0.7%
EPS 2 1.56 1.23 0.65 0.62 0.68 1.628 1.921 2.107
Distribution rate 15.7% 21.5% 44% 49.2% 47.8% 21.1% 19% 17.8%
Net sales 1 1,037 1,006 837.5 914.5 994.4 1,146 1,273 1,410
EBITDA 1 335.4 288.3 154.5 156.4 214.1 352.9 413 471.6
EBIT 1 315.1 268.7 137.3 136 194.7 327.6 389.2 442.1
Net income 1 279.9 215.5 113.2 106.2 114.4 274.1 324.8 357.9
Net Debt 1 -323.6 -181.4 -202.7 -186.1 -262.9 -368.8 -588.2 -860.9
Reference price 2 77.76 47.11 41.74 35.86 35.98 53.99 53.99 53.99
Nbr of stocks (in thousands) 176,799 172,930 172,142 171,515 167,598 168,224 - -
Announcement Date 17/02/22 16/02/23 15/02/24 12/02/25 11/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
33.15x7.6x24.69x0.64% 9.08B
31.11x5.52x20.13x0.84% 121B
33.43x5.29x20.06x1.6% 95.61B
28.62x3.27x18.89x0.73% 62.68B
40.2x6.27x27.65x1.9% 58.53B
38.8x7.86x23x-.--% 56.39B
27.11x4.99x17.47x2.22% 35.39B
20.93x1.79x12.9x2.24% 30.46B
31.31x4.1x15.45x0.11% 30.18B
19.41x3.31x10.6x1.57% 26.94B
Average 30.41x 5.00x 19.09x 1.18% 52.67B
Weighted average by Cap. 31.66x 5.13x 19.84x 1.16%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Cognex Corporation

Historical PBR trend

Valuation ratios - PBR - Cognex Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Cognex Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Cognex Corporation


Year-on-year evolution of the Yield

Valuation ratios - Yield - Cognex Corporation
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