CGNX Relative Valuation
CGNX's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, CGNX is overvalued; if below, it's undervalued.
Historical Valuation
Cognex Corp (CGNX) is now in the Fair zone, suggesting that its current forward PE ratio of 38.12 is considered Fairly compared with the five-year average of 50.17. The fair price of Cognex Corp (CGNX) is between 36.79 to 55.90 according to relative valuation methord.
Relative Value
Fair Zone
36.79-55.90
Current Price：38.90
Fair
38.12
PE
1Y
3Y
5Y
Trailing
Forward
28.02
EV/EBITDA
Cognex Corp. (CGNX) has a current EV/EBITDA of 28.02. The 5-year average EV/EBITDA is 36.64. The thresholds are as follows: Strongly Undervalued below 20.96, Undervalued between 20.96 and 28.80, Fairly Valued between 44.48 and 28.80, Overvalued between 44.48 and 52.31, and Strongly Overvalued above 52.31. The current Forward EV/EBITDA of 28.02 falls within the Undervalued range.
31.44
EV/EBIT
Cognex Corp. (CGNX) has a current EV/EBIT of 31.44. The 5-year average EV/EBIT is 41.47. The thresholds are as follows: Strongly Undervalued below 21.98, Undervalued between 21.98 and 31.73, Fairly Valued between 51.21 and 31.73, Overvalued between 51.21 and 60.96, and Strongly Overvalued above 60.96. The current Forward EV/EBIT of 31.44 falls within the Undervalued range.
6.19
PS
Cognex Corp. (CGNX) has a current PS of 6.19. The 5-year average PS is 9.36. The thresholds are as follows: Strongly Undervalued below 3.47, Undervalued between 3.47 and 6.42, Fairly Valued between 12.31 and 6.42, Overvalued between 12.31 and 15.26, and Strongly Overvalued above 15.26. The current Forward PS of 6.19 falls within the Undervalued range.
40.70
P/OCF
Cognex Corp. (CGNX) has a current P/OCF of 40.70. The 5-year average P/OCF is 37.97. The thresholds are as follows: Strongly Undervalued below 20.53, Undervalued between 20.53 and 29.25, Fairly Valued between 46.70 and 29.25, Overvalued between 46.70 and 55.42, and Strongly Overvalued above 55.42. The current Forward P/OCF of 40.70 falls within the Historic Trend Line -Fairly Valued range.
40.38
P/FCF
Cognex Corp. (CGNX) has a current P/FCF of 40.38. The 5-year average P/FCF is 41.51. The thresholds are as follows: Strongly Undervalued below 23.53, Undervalued between 23.53 and 32.52, Fairly Valued between 50.51 and 32.52, Overvalued between 50.51 and 59.50, and Strongly Overvalued above 59.50. The current Forward P/FCF of 40.38 falls within the Historic Trend Line -Fairly Valued range.
Cognex Corp (CGNX) has a current Price-to-Book (P/B) ratio of 4.38. Compared to its 3-year average P/B ratio of 4.84 , the current P/B ratio is approximately -9.65% higher. Relative to its 5-year average P/B ratio of 6.43, the current P/B ratio is about -31.97% higher. Cognex Corp (CGNX) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of 2.05%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 2.13% , the current FCF yield is about -100.00% lower.
4.38
P/B
Median3y
4.84
Median5y
6.43
3.39
FCF Yield
Median3y
2.05
Median5y
2.13
Competitors Valuation Multiple
The average P/S ratio for CGNX's competitors is , providing a benchmark for relative valuation. Cognex Corp Corp (CGNX) exhibits a P/S ratio of , which is NaN% above the industry average. Given its robust revenue growth of 17.96%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of CGNX increased by 8.48% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 42.76 to 59.83.
The secondary factor is the Revenue Growth, contributed 17.96%to the performance.
Overall, the performance of CGNX in the past 1 year is driven by P/E Change. Which is more unsustainable.
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FAQ
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