Cognex Corporation
CGNXTechnologyNASDAQScientific & Technical Instruments
Scan Results
Daily timeframeCognex Corporation provides machine vision products that capture and analyze visual information to automate manufacturing and distribution tasks in the United States, Europe, Greater China, and. The $10.66B market capitalization puts CGNX squarely in large-cap range for its industry. Its machine vision products are used to automate the manufacture and distribution of discrete items, such as mobile phones, automotive components, and e-commerce packages, by locating, identifying, inspecting, and measuring them.
Market Cap
$10.66B
Beta
1.49
P/E (TTM)
75.38
P/E (Fwd)
36.00
EPS (TTM)
$0.85
EPS (Fwd)
$1.78
ROE
9.8%
ROA
6.2%
Cash
$296.8M
Total Debt
$74.0M
Free CF
$181.4M
52W Change
88.0%
Annual Financials
Cash vs Debt
Cognex Corporation holds $296.8M in cash against $74.0M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Free cash flow comes in at $181.4M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at 9.8%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. An ROA of 6.2% suggests reasonable efficiency in deploying the company's asset base. Revenue has been relatively flat, moving from $1.01B (2022) to $994.4M (2025).
The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. At over 50x earnings, CGNX carries valuation risk — any slowdown in growth expectations could lead to meaningful price adjustments. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Cognex Corporation's trajectory.