Is the price fair?
What CGNX's price assumes
Cognex Corporation trades at 73.2× earnings against 32.3× for the median Scientific & Technical Instruments name, more expensive than its own group.
73.2
Trailing P/E · Scientific & Technical Instruments median 32.3 · 2.27× the median: the market pays up for this one
- Price / sales
- 7.90
Price / sales · as of 2026-Q1
- Free cash flow yield
- 2.2%
Free cash flow yield · Scientific & Technical Instruments median 4.0%
- Growth the price implies
- +17%
Growth the price implies · The price pays for +17% free cash flow growth a year for a decade; the business has delivered +6.3% a year over the last three.
Details›
- Price / book2026-Q1
- 5.59
- Technology median P/E365 names
- 36.5
- Scientific & Technical Instruments median P/E16 names
- 32.3
- Free cash flow, trailing twelve months
- $241M
- Market capitalisation
- $11.1B
- 3-year revenue growth
- +4.2%
- 3-year free cash flow growth
- +6.3%
| Method | Per share |
|---|---|
| Its own P/E history, lower quartile | $34.76 |
| Its own P/E history, median | $44.43 |
| Its own P/E history, upper quartile | $50.61 |
| 52-week range | $34.70 – $71.55 |
| Today | $62.22 |
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
Scientific & Technical Instruments
Ranks #6 of 10 by Smart Score