Discounted Cash Flow

Cognex Corp.

CGNX · Based on 10 years of SEC filings

DCF estimate unavailable — no_upward_trend_net_income_yr1_279881000.0_gte_yrN_114442000.0_window_5

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $520.8m $149.6m $169.3m 28.7% $1.75
2017 $748.0m (43.6%) $177.2m (18.5%) $195.6m (15.5%) 23.7% (-17.5%) $1.02 (-41.7%)
2018 $806.3m (7.8%) $219.3m (23.8%) $186.4m (-4.7%) 27.2% (14.8%) $1.27 (24.5%)
2019 $725.6m (-10.0%) $203.9m (-7.0%) $231.5m (24.2%) 28.1% (3.3%) $1.19 (-6.3%)
2020 $811.0m (11.8%) $176.2m (-13.6%) $229.1m (-1.0%) 21.7% (-22.7%) $1.02 (-14.3%)
2021 $1.0b (27.9%) $279.9m (58.9%) $298.6m (30.3%) 27.0% (24.2%) $1.59 (55.9%)
2022 $1.0b (-3.0%) $215.5m (-23.0%) $223.7m (-25.1%) 21.4% (-20.6%) $1.24 (-22.0%)
2023 $837.5m (-16.8%) $113.2m (-47.5%) $89.8m (-59.8%) 13.5% (-36.9%) $0.66 (-46.8%)
2024 $914.5m (9.2%) $106.2m (-6.2%) $134.0m (49.2%) 11.6% (-14.1%) $0.62 (-6.1%)
2025 $994.4m (8.7%) $114.4m (7.8%) $236.8m (76.6%) 11.5% (-0.9%) $0.68 (9.7%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model

no_upward_trend_net_income_yr1_279881000.0_gte_yrN_114442000.0_window_5

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.