WallStSmart

Cognex Corporation (CGNX)vsKeysight Technologies Inc (KEYS)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Keysight Technologies Inc generates 504% more annual revenue ($6.58B vs $1.09B). KEYS leads profitability with a 19.1% profit margin vs 16.1%. KEYS appears more attractively valued with a PEG of 0.66. KEYS earns a higher WallStSmart Score of 74/100 (B).

CGNX

Buy

60

out of 100

Grade: C+

Growth: 6.7Profit: 7.5Value: 4.7Quality: 9.0
Piotroski: 5/9Altman Z: 3.09

KEYS

Strong Buy

74

out of 100

Grade: B

Growth: 7.3Profit: 8.0Value: 4.7Quality: 7.0
Piotroski: 3/9Altman Z: 2.61
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CGNXUndervalued (+49.3%)

Margin of Safety

+49.3%

Fair Value

$84.85

Current Price

$64.22

$20.63 discount

UndervaluedFair: $84.85Overvalued
KEYSSignificantly Overvalued (-42.7%)

Margin of Safety

-42.7%

Fair Value

$166.83

Current Price

$338.64

$171.81 premium

UndervaluedFair: $166.83Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CGNX5 strengths · Avg: 9.2/10
EPS GrowthGrowth
79.2%10/10

Earnings expanding 79.2% YoY

Debt/EquityHealth
0.0410/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
3.0910/10

Safe zone — low bankruptcy risk

Operating MarginProfitability
29.4%8/10

Strong operational efficiency at 29.4%

Revenue GrowthGrowth
16.9%8/10

16.9% revenue growth

KEYS5 strengths · Avg: 9.0/10
Revenue GrowthGrowth
36.5%10/10

Revenue surging 36.5% year-over-year

EPS GrowthGrowth
109.1%10/10

Earnings expanding 109.1% YoY

Market CapQuality
$55.44B9/10

Large-cap with strong market position

PEG RatioValuation
0.668/10

Growing faster than its price suggests

Operating MarginProfitability
25.7%8/10

Strong operational efficiency at 25.7%

Areas to Watch

CGNX2 concerns · Avg: 2.0/10
PEG RatioValuation
2.712/10

Expensive relative to growth rate

P/E RatioValuation
59.9x2/10

Premium valuation, high expectations priced in

KEYS3 concerns · Avg: 3.0/10
Price/BookValuation
8.8x4/10

Trading at 8.8x book value

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

P/E RatioValuation
44.9x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : CGNX

The strongest argument for CGNX centers on EPS Growth, Debt/Equity, Altman Z-Score. Profitability is solid with margins at 16.1% and operating margin at 29.4%. Revenue growth of 16.9% demonstrates continued momentum.

Bull Case : KEYS

The strongest argument for KEYS centers on Revenue Growth, EPS Growth, Market Cap. Profitability is solid with margins at 19.1% and operating margin at 25.7%. Revenue growth of 36.5% demonstrates continued momentum.

Bear Case : CGNX

The primary concerns for CGNX are PEG Ratio, P/E Ratio. A P/E of 59.9x leaves little room for execution misses.

Bear Case : KEYS

The primary concerns for KEYS are Price/Book, Piotroski F-Score, P/E Ratio. A P/E of 44.9x leaves little room for execution misses.

Key Dynamics to Monitor

CGNX carries more volatility with a beta of 1.49 — expect wider price swings.

KEYS is growing revenue faster at 36.5% — sustainability is the question.

KEYS generates stronger free cash flow (403M), providing more financial flexibility.

Monitor SCIENTIFIC & TECHNICAL INSTRUMENTS industry trends, competitive dynamics, and regulatory changes.

Bottom Line

KEYS scores higher overall (74/100 vs 60/100), backed by strong 19.1% margins and 36.5% revenue growth. CGNX offers better value entry with a 49.3% margin of safety. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Cognex Corporation

TECHNOLOGY · SCIENTIFIC & TECHNICAL INSTRUMENTS · USA

Cognex Corporation offers machine vision products that capture and analyze visual information to automate manufacturing and distribution tasks globally. The company is headquartered in Natick, Massachusetts.

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Keysight Technologies Inc

TECHNOLOGY · SCIENTIFIC & TECHNICAL INSTRUMENTS · USA

Keysight Technologies, or Keysight, is an American company that manufactures electronics test and measurement equipment and software.

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