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 9,446 - -
Change - -40.74% -11.8% -14.4% -1.96% 56.64% - -
Enterprise Value (EV) 1 13,424 7,965 6,983 5,964 5,767 9,077 8,858 8,585
Change - -40.66% -12.34% -14.58% -3.31% 57.39% -2.42% -3.08%
P/E 49.8x 38.3x 64.2x 57.8x 52.9x 34.5x 29.2x 26.4x
PBR 9.78x 5.73x 4.76x 4.08x 4.08x 5.52x 4.9x 4.31x
PEG - -1.8x -1.4x -12.52x 5.47x 0x 1.6x 2.5x
Capitalization / Revenue 13.3x 8.1x 8.58x 6.73x 6.06x 8.24x 7.42x 6.7x
EV / Revenue 12.9x 7.92x 8.34x 6.52x 5.8x 7.92x 6.96x 6.09x
EV / EBITDA 40x 27.6x 45.2x 38.1x 26.9x 25.7x 21.4x 18.2x
EV / EBIT 42.6x 29.6x 50.9x 43.9x 29.6x 27.7x 22.8x 19.4x
EV / FCF 45x 35.6x 77.7x 44.5x 24.4x 31.6x 25.4x 22x
FCF Yield 2.22% 2.81% 1.29% 2.25% 4.11% 3.17% 3.94% 4.54%
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% 0.61% 0.65% 0.67%
EPS 2 1.56 1.23 0.65 0.62 0.68 1.628 1.921 2.123
Distribution rate 15.7% 21.5% 44% 49.2% 47.8% 21.1% 19% 17.7%
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 56.15 56.15 56.15
Nbr of stocks (in thousands) 176,799 172,930 172,142 171,515 167,598 168,224 - -
Announcement Date 17/2/22 16/2/23 15/2/24 12/2/25 11/2/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
34.48x7.92x25.72x0.61% 9.45B
29.07x5.17x18.9x0.9% 113B
30.41x4.77x18.18x1.76% 87.62B
29.24x3.34x19.29x0.71% 64.02B
40.79x6.38x28.11x1.88% 59.56B
35.99x7.28x21.32x-.--% 52.3B
23.73x4.55x15.65x2.52% 33.49B
21.34x1.83x13.16x2.2% 31.05B
22.79x4.16x15.7x0.1% 30.74B
22.87x3.31x14.25x1.02% 27.63B
Average 29.07x 4.87x 19.03x 1.17% 50.93B
Weighted average by Cap. 29.97x 4.87x 19.27x 1.18%

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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