Cognex Corporation
NASDAQ Global SelectTotal Valuation
Cognex Corporation carries a market capitalization of 9.60B, placing it among publicly traded companies globally. Its enterprise value stands at 11.85B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 9.60B |
| Enterprise Value | 11.85B |
Share Statistics
Cognex Corporation currently has 168.22M shares outstanding.
| Shares Outstanding | 168.22M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
Cognex Corporation trades at a trailing price-to-earnings ratio of 69.29. The price-to-sales ratio is 11.12, and the price-to-book ratio stands at 7.48.
| PE Ratio | 69.29 |
| PS Ratio | 11.12 |
| PB Ratio | 7.48 |
| P/TBV Ratio | 10.29 |
| P/FCF Ratio | 42.99 |
| P/OCF Ratio | 43.78 |
Enterprise Valuation
On an enterprise value basis, Cognex Corporation trades at an EV/EBITDA multiple of 44.32 and an EV/FCF ratio of 41.58. The EV/Sales ratio of 10.88 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 49.70 provides insight into valuation relative to core operating earnings.
| EV / Sales | 10.88 |
| EV / EBITDA | 44.32 |
| EV / EBIT | 49.70 |
| EV / FCF | 41.58 |
Financial Position
Cognex Corporation maintains a current ratio of 3.93, meaning it holds 3.9x the short-term assets needed to cover near-term liabilities.
| Current Ratio | 3.93 |
| Quick Ratio | 2.93 |
| Debt / Equity | 4.45 |
| Debt / EBITDA | 0.27 |
| Interest Coverage | N/A |
Financial Efficiency
Cognex Corporation posts a return on equity of 11.15 and a return on invested capital of 9.78.
| Return on Equity (ROE) | 11.15 |
| Return on Assets (ROA) | 8.36 |
| Return on Invested Capital (ROIC) | 9.78 |
| Return on Capital Employed (ROCE) | N/A |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | 2.36 |
Taxes
Over the trailing twelve months, Cognex Corporation has paid 83.21M in income taxes, reflecting an effective tax rate of 32.25.
| Income Tax | 83.21M |
| Effective Tax Rate | 32.25 |
Stock Price Statistics
Cognex Corporation's stock has gained approximately 28.59372% over the past 52 weeks. The 50-day moving average sits at 62.42, while the 200-day moving average is 54.95.
| Beta (5Y) | N/A |
| 52-Week Price Change | 28.59372% |
| 50-Day Moving Average | 62.42 |
| 200-Day Moving Average | 54.95 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, Cognex Corporation generated 1.09B in revenue and converted that into 174.79M in net income, yielding earnings per share of 1.03. EBITDA reached 267.41M, while operating income came in at 238.43M.
| Revenue | 1.09B |
| Gross Profit | 749.91M |
| Operating Income | 238.43M |
| Pretax Income | 258.00M |
| Net Income | 174.79M |
| EBITDA | 267.41M |
| EBIT | 238.43M |
| Earnings Per Share (EPS) | 1.03 |
Balance Sheet
Cognex Corporation holds 404.37M in cash and equivalents against 72.48M in total debt, resulting in a net debt position of -302.52M. Total book value stands at 1.63B, with working capital of 633.85M providing operational flexibility.
| Cash & Cash Equivalents | 404.37M |
| Total Debt | 72.48M |
| Net Debt | -302.52M |
| Equity (Book Value) | 1.63B |
| Book Value Per Share | 9.69 |
| Working Capital | 633.85M |
Cash Flow
Cognex Corporation produced 276.63M in operating cash flow over the past twelve months. After subtracting -8.34M in capital expenditures, free cash flow totaled 268.30M - equivalent to 1.60 per share.
| Operating Cash Flow | 276.63M |
| Capital Expenditures | -8.34M |
| Free Cash Flow | 268.30M |
| FCF Per Share | 1.60 |
Margins
Cognex Corporation operates with a gross margin of 68.87, reflecting its pricing power and cost economics. The operating margin of 21.90 and net profit margin of 16.05 provide insight into operational efficiency.
| Gross Margin | 68.87 |
| Operating Margin | 21.90 |
| Pretax Margin | 23.69 |
| Profit Margin | 16.05 |
| EBITDA Margin | 24.56 |
Dividends & Yields
The company's payout ratio of 32.10 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 0.34 |
| Dividend Yield | N/A |
| Payout Ratio | 32.10 |
| Shareholder Yield | 0.63 |
| FCF Yield | 2.33 |
Stock Splits
Cognex Corporation's most recent stock split took place on December 4, 2017 with a 1:2 split ratio.
| Last Split Date | 12/4/2017 |
| Split Ratio | 1:2 |
Scores
Cognex Corporation posts an Altman Z-Score of 15.15, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 15.15 |