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 9,345 - -
Change - -40.74% -11.8% -14.4% -1.96% 54.97% - -
Enterprise Value (EV) 1 13,424 7,965 6,983 5,964 5,767 8,976 8,757 8,484
Change - -40.66% -12.34% -14.58% -3.31% 55.64% -2.45% -3.11%
P/E 49.8x 38.3x 64.2x 57.8x 52.9x 34.1x 28.9x 26.2x
PBR 9.78x 5.73x 4.76x 4.08x 4.08x 5.47x 4.85x 4.26x
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 8.15x 7.34x 6.63x
EV / Revenue 12.9x 7.92x 8.34x 6.52x 5.8x 7.83x 6.88x 6.02x
EV / EBITDA 40x 27.6x 45.2x 38.1x 26.9x 25.4x 21.2x 18x
EV / EBIT 42.6x 29.6x 50.9x 43.9x 29.6x 27.4x 22.5x 19.2x
EV / FCF 45x 35.6x 77.7x 44.5x 24.4x 31.2x 25.1x 21.8x
FCF Yield 2.22% 2.81% 1.29% 2.25% 4.11% 3.2% 3.98% 4.59%
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% 0.62% 0.66% 0.68%
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 55.55 55.55 55.55
Nbr of stocks (in thousands) 1,76,799 1,72,930 1,72,142 1,71,515 1,67,598 1,68,224 - -
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
34.11x7.83x25.44x0.62% 934.48Cr
28.44x5.1x18.59x0.92% 11TCr
29.42x4.61x17.45x1.83% 8.36TCr
29.04x3.32x19.16x0.72% 6.36TCr
40.86x6.38x28.14x1.87% 5.96TCr
36.88x7.46x21.85x-.--% 5.36TCr
24.2x4.56x15.85x2.69% 3.32TCr
20.68x1.77x12.74x2.27% 3.01TCr
29.33x3.89x14.65x0.12% 2.85TCr
21.88x3.22x13.86x1.07% 2.68TCr
Average 29.48x 4.81x 18.77x 1.21% 4.99TCr
Weighted average by Cap. 30.12x 4.84x 19.07x 1.22%

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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