Cognex Corporation

United States of America Country flag United States of America
Sector: Electronic Equipment
Ticker: CGNX
Factsheet Factsheet

Market multiple valuation of Cognex Corporation ( CGNX | USA)

The most common multiple used in the valuation of stocks is the P/Earnings NTM multiple (Price to Earnings). P/E relates the current share price with the market expectations in terms of Earnings Per Share. This multiple is used to compare a company's market value with its earnings. A company with a high P/Earnings NTM is considered to be overvalued; a company with a low P/Earnings NTM is considered to be undervalued.
The P/Earnings NTM ratio of Cognex Corporation is significantly higher than the median of its peer group: around 17.00. The company valuation of Cognex Corporation according to these metrics is way above the market valuation of its peer group.
The P/Earnings NTM ratio of Cognex Corporation is significantly higher than the average of its sector (Electronic Equipment): 14.23. The company valuation of Cognex Corporation according to these metrics is way above the market valuation of its sector.
The P/Earnings NTM ratio of Cognex Corporation is significantly lower than its historical 5-year average: 46.6. The (current) company valuation of Cognex Corporation is therefore way below its valuation average over the last five years.

Valuation
P/E Last P/E (e) 2025P/E NTM
Cognex CorporationFree trialFree trialFree trial
International PeersFree trialFree trialFree trial
Electronic Equipment11.0714.8614.23
NASDAQ 10029.3019.6418.08
United States of America0.6011.2611.23
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Beta (Ref: NASDAQ 100)
Levered betaUnlevered beta
1-Year1.021.09
2-Year1.081.14
3-Year1.001.06
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Stock Perf excl. Dividends (in USD)
CGNXNASDAQ 100Rel. Perf.
Year-to-Date-22.4%-5.8%-16.6%
1-Week3.8%1.3%2.6%
1-Month11.5%13.8%-2.2%
1-Year-37.4%9.4%-46.8%
3-Year-48.8%55.9%-104.7%
5-Year-49.8%120.3%-170.1%
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International Peers - Cognex Corporation
Company NameCtryMarket
Cap.
last (mUSD)
Cognex CorporationUSA4 773
International Peers Median0.78
National Instruments Co...USAN/A
FARO Technologies Inc.USA801
Zebra Technologies Corp...USA12 900
Digi International Inc.USA1 004
Shimadzu CorporationJPN-0.00
GPRV Analysis
Created with Highcharts 4.1.70/102/104/106/108/1010/10
Cognex Corporation
Intl. Peers
U.S Patents No. 7,882,001 & 8,082,201
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Net Sales Chart
Created with Highcharts 4.1.7Millions USD201920202021202220232024 (e)2025 (e)2026 (e)2027 (e)050010001500
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Quotes Chart

1-Year Rebased Stock Chart

  • Cognex Corporation
  • NASDAQ 100
Created with Highcharts 4.1.7Jan '25Sep '24May '25-75%-50%-25%0%25%50%
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Did you know ?

On the Infront Analytics platform, there are two ways to identify the listed peers which most closely resemble a private firm:
- with Peer Tracker if you already know a listed peer.
Peer Tracker is a patented technology tool for building peer groups using industry classifications. The degree of similarity between two companies is calculated comparing their sector footprints and measured using comparability scores.
- with Market Screener if you have no listed peer in mind.
Market Screener is a dedicated interface for screening companies using multiple criteria, identifying peers, searching for comparable companies in a specific business sector.

About Market Multiples

Many methods can be used to value a company. In reality, business valuation is often a combination of these different approaches. One of the most widely used quantitative methods is the market multiples method. The market valuation is utilized generally as a primary market input, to provide an objective starting point for the valuation. Put simply, this method multiplies the sales or profits of a business by an industry averaged multiplier to calculate the Market Value of the business.
Current multiples include:
- Historical multiples based on standardized financials for the last completed fiscal period: Last, Last Twelve Months (LTM);
- Forward multiples based on consensus estimates for the current fiscal period and next ones: Next Twelve Months (NTM), FY0, FY1.
Current multiples based on per-share metrics (such as earnings per share or book value per share) are calculated using the last closing price, while current multiples based on company-level metrics (such as net sales, EBIT or EBITDA) are calculated using the current market cap or EV (Enterprise Value).