Cognex Stock EBITDA
| CGNX Stock | USD 38.69 0.52 1.33% |
Cognex fundamentals help investors to digest information that contributes to Cognex's financial success or failures. It also enables traders to predict the movement of Cognex Stock. The fundamental analysis module provides a way to measure Cognex's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cognex stock.
| Last Reported | Projected for Next Year | ||
| EBITDA | 132.5 M | 91.8 M |
Cognex | EBITDA |
Cognex Company EBITDA Analysis
Cognex's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Current Cognex EBITDA | 132.53 M |
Most of Cognex's fundamental indicators, such as EBITDA, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cognex is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cognex EBITDA Driver Correlations
Understanding the fundamental principles of building solid financial models for Cognex is extremely important. It helps to project a fair market value of Cognex Stock properly, considering its historical fundamentals such as EBITDA. Since Cognex's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Cognex's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Cognex's interrelated accounts and indicators.
Click cells to compare fundamentals
Cognex EBITDA Historical Pattern
Today, most investors in Cognex Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Cognex's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's ebitda growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Cognex ebitda as a starting point in their analysis.
Cognex EBITDA |
| Timeline |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
| Competition |
Cognex Ebitda
Ebitda |
|
According to the company disclosure, Cognex reported earnings before interest,tax, depreciation and amortization of 132.53 M. This is 85.68% lower than that of the Electronic Equipment, Instruments & Components sector and 43.86% lower than that of the Information Technology industry. The ebitda for all United States stocks is 96.6% higher than that of the company.
Cognex EBITDA Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cognex's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cognex could also be used in its relative valuation, which is a method of valuing Cognex by comparing valuation metrics of similar companies.Cognex is currently under evaluation in ebitda category among related companies.
Cognex Institutional Holders
Institutional Holdings refers to the ownership stake in Cognex that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Cognex's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Cognex's value.| Shares | Lazard Asset Management Llc | 2023-12-31 | 2.1 M | Nordea Investment Mgmt Bank Demark A/s | 2023-12-31 | 2.1 M | Fundsmith Llp | 2023-12-31 | 2 M | Mirae Asset Global Investments (korea) Co Ltd | 2023-12-31 | 2 M | Disciplined Growth Investors Inc | 2023-12-31 | 1.9 M | Principal Financial Group Inc | 2023-12-31 | 1.9 M | Dekabank Deutsche Girozentrale | 2023-12-31 | 1.9 M | American Century Companies Inc | 2023-12-31 | 1.8 M | Riverbridge Partners Llc | 2023-12-31 | 1.7 M | Vanguard Group Inc | 2023-12-31 | 17.3 M | Blackrock Inc | 2023-12-31 | 14.8 M |
Cognex Fundamentals
| Return On Equity | 0.077 | ||||
| Return On Asset | 0.0386 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 6.39 B | ||||
| Shares Outstanding | 171.82 M | ||||
| Shares Owned By Insiders | 0.24 % | ||||
| Shares Owned By Institutions | 95.23 % | ||||
| Number Of Shares Shorted | 4.43 M | ||||
| Price To Earning | 49.17 X | ||||
| Price To Book | 4.60 X | ||||
| Price To Sales | 8.26 X | ||||
| Revenue | 837.55 M | ||||
| Gross Profit | 721.9 M | ||||
| EBITDA | 132.53 M | ||||
| Net Income | 113.23 M | ||||
| Cash And Equivalents | 359.68 M | ||||
| Cash Per Share | 2.07 X | ||||
| Total Debt | 78.6 M | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 3.82 X | ||||
| Book Value Per Share | 8.77 X | ||||
| Cash Flow From Operations | 112.92 M | ||||
| Short Ratio | 3.36 X | ||||
| Earnings Per Share | 0.65 X | ||||
| Price To Earnings To Growth | 2.04 X | ||||
| Target Price | 46.53 | ||||
| Number Of Employees | 2.99 K | ||||
| Beta | 1.5 | ||||
| Market Capitalization | 6.65 B | ||||
| Total Asset | 2.02 B | ||||
| Retained Earnings | 512.54 M | ||||
| Working Capital | 527.11 M | ||||
| Current Asset | 444.49 M | ||||
| Current Liabilities | 53.69 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 0.37 % | ||||
| Net Asset | 2.02 B | ||||
| Last Dividend Paid | 0.28 |
About Cognex Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cognex's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cognex using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cognex based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Cognex
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cognex position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cognex will appreciate offsetting losses from the drop in the long position's value.Moving together with Cognex Stock
| 0.77 | DYSL | Dynasil Of | PairCorr |
Moving against Cognex Stock
| 0.74 | WRAP | Wrap Technologies | PairCorr |
| 0.71 | LUNA | Luna Innovations rporated Financial Report 14th of May 2024 | PairCorr |
| 0.62 | FCUV | Focus Universal | PairCorr |
| 0.54 | MIND | Mind Technology | PairCorr |
| 0.49 | FARO | FARO Technologies Financial Report 1st of May 2024 | PairCorr |
The ability to find closely correlated positions to Cognex could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cognex when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cognex - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cognex to buy it.
The correlation of Cognex is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cognex moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cognex moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cognex can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Cognex Piotroski F Score and Cognex Altman Z Score analysis. For more information on how to buy Cognex Stock please use our How to Invest in Cognex guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Cognex Stock analysis
When running Cognex's price analysis, check to measure Cognex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cognex is operating at the current time. Most of Cognex's value examination focuses on studying past and present price action to predict the probability of Cognex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cognex's price. Additionally, you may evaluate how the addition of Cognex to your portfolios can decrease your overall portfolio volatility.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |
Is Cognex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cognex. If investors know Cognex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cognex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.81) | Dividend Share 0.285 | Earnings Share 0.65 | Revenue Per Share 4.862 | Quarterly Revenue Growth (0.18) |
The market value of Cognex is measured differently than its book value, which is the value of Cognex that is recorded on the company's balance sheet. Investors also form their own opinion of Cognex's value that differs from its market value or its book value, called intrinsic value, which is Cognex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cognex's market value can be influenced by many factors that don't directly affect Cognex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cognex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cognex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cognex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.