Cognex Corporation
NASDAQ Global SelectTotal Valuation
Cognex Corporation carries a market capitalization of 10.89B, placing it among publicly traded companies globally. Its enterprise value stands at 7.98B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 10.89B |
| Enterprise Value | 7.98B |
Share Statistics
Cognex Corporation currently has 166.53M shares outstanding.
| Shares Outstanding | 166.53M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
Cognex Corporation trades at a trailing price-to-earnings ratio of 57.52. The price-to-sales ratio is 7.83, and the price-to-book ratio stands at 23.78.
| PE Ratio | 57.52 |
| PS Ratio | 7.83 |
| PB Ratio | 23.78 |
| P/TBV Ratio | 7.97 |
| P/FCF Ratio | 31.91 |
| P/OCF Ratio | 32.78 |
Enterprise Valuation
On an enterprise value basis, Cognex Corporation trades at an EV/EBITDA multiple of 35.23 and an EV/FCF ratio of 30.79. The EV/Sales ratio of 7.62 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 40.63 provides insight into valuation relative to core operating earnings.
| EV / Sales | 7.62 |
| EV / EBITDA | 35.23 |
| EV / EBIT | 40.63 |
| EV / FCF | 30.79 |
Financial Position
Cognex Corporation maintains a current ratio of 3.64, meaning it holds 3.6x the short-term assets needed to cover near-term liabilities.
| Current Ratio | 3.64 |
| Quick Ratio | 2.55 |
| Debt / Equity | 5.00 |
| Debt / EBITDA | 0.33 |
| Interest Coverage | N/A |
Financial Efficiency
Cognex Corporation posts a return on equity of 37.96 and a return on invested capital of 8.33.
| Return on Equity (ROE) | 37.96 |
| Return on Assets (ROA) | 7.24 |
| Return on Invested Capital (ROIC) | 8.33 |
| Return on Capital Employed (ROCE) | N/A |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | 2.33 |
Taxes
Over the trailing twelve months, Cognex Corporation has paid 74.22M in income taxes, reflecting an effective tax rate of 34.24.
| Income Tax | 74.22M |
| Effective Tax Rate | 34.24 |
Stock Price Statistics
Cognex Corporation's stock has gained approximately 118.76254% over the past 52 weeks. The 50-day moving average sits at 60.28, while the 200-day moving average is 47.95.
| Beta (5Y) | N/A |
| 52-Week Price Change | 118.76254% |
| 50-Day Moving Average | 60.28 |
| 200-Day Moving Average | 47.95 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, Cognex Corporation generated 1.05B in revenue and converted that into 142.54M in net income, yielding earnings per share of 0.84. EBITDA reached 226.44M, while operating income came in at 196.35M.
| Revenue | 1.05B |
| Gross Profit | 712.01M |
| Operating Income | 196.35M |
| Pretax Income | 216.76M |
| Net Income | 142.54M |
| EBITDA | 226.44M |
| EBIT | 196.35M |
| Earnings Per Share (EPS) | 0.84 |
Balance Sheet
Cognex Corporation holds 296.76M in cash and equivalents against 74.02M in total debt, resulting in a net debt position of -237.34M. Total book value stands at 344.78M, with working capital of 500.86M providing operational flexibility.
| Cash & Cash Equivalents | 296.76M |
| Total Debt | 74.02M |
| Net Debt | -237.34M |
| Equity (Book Value) | 344.78M |
| Book Value Per Share | 2.06 |
| Working Capital | 500.86M |
Cash Flow
Cognex Corporation produced 250.11M in operating cash flow over the past twelve months. After subtracting -9.00M in capital expenditures, free cash flow totaled 241.11M - equivalent to 1.44 per share.
| Operating Cash Flow | 250.11M |
| Capital Expenditures | -9.00M |
| Free Cash Flow | 241.11M |
| FCF Per Share | 1.44 |
Margins
Cognex Corporation operates with a gross margin of 68.02, reflecting its pricing power and cost economics. The operating margin of 18.76 and net profit margin of 13.62 provide insight into operational efficiency.
| Gross Margin | 68.02 |
| Operating Margin | 18.76 |
| Pretax Margin | 20.71 |
| Profit Margin | 13.62 |
| EBITDA Margin | 21.63 |
Dividends & Yields
The company's payout ratio of 38.78 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 0.33 |
| Dividend Yield | N/A |
| Payout Ratio | 38.78 |
| Shareholder Yield | 1.92 |
| FCF Yield | 3.13 |
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 11.13, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 11.13 |