Obermatt

Cognex

NSQ:CGNX · US1924221039
Electronic Equipment, Instruments & ComponentsLarge

360

68
EV / EBIT10
Price / Owner Earnings13
Owner Earnings Yield34
Dividend Yield75
Price/Sales5
EV / Gross Profit24
Price/Book23
Return on Capital54
Cash Return on Capital53
Return on Equity38
EBIT Margin82
Gross Profitability61
Cash Conversion79
Accruals80
Owner Earnings Margin80
Sales growth45
Profit Growth50
Long-Term EPS Growth24
Owner Earnings Growth61
Reinvestment86
Price momentum69
Debt load80
Refinancing21
Debt Payback100
Liquidity1
Analyst ratings41
Opinion Changes53
Price Target Upside67
Market mood64
Value Creation16/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Cognex generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryUSA
IndustryElectronic Equipment, Instruments & Components
SizeLarge
TypePublic Company
ExchangeNASDAQGS
Founded1981
Employees1,987
Websitecognex.com
ISINUS1924221039
Last UpdateApr 2, 2026
Themes
Process AutomationArtificial IntelligenceImage RecognitionIndustrial AutomationSensorsComputer VisionMachine LearningDetectors, Sensors and MemsManufacturingSoftware

Description

Cognex Corporation (Cognex) provides industrial machine vision systems worldwide. The company seeks to improve efficiency and help solve critical manufacturing and distribution challenges, providing support across a diverse set of industrial end mar…

Analysis

Beloved champion

Cognex Corporation is a beloved champion: its quality is genuine, and the market already prices it as exceptional.

The price is expensive. You pay 63.0× its owner earnings: the cash an owner could take out each year, which is in the historically expensive zone.

The trajectory is moderate and the balance sheet is sturdy. The company scores 16/20 on our value-creation score: strong value creator.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
14
2023202420252026

All-time high

55

Jan 2023

All-time low

14

Mar 2026

Average rank

24

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
5
19
7
4
Price/Earnings
17
11
11
17
Price/Book
23
47
24
25
Dividend Yield
75
82
88
94
Value (overall)
21
34
24
30

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →