WallStSmart

Cognex Corporation (CGNX)vsKeysight Technologies Inc (KEYS)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Keysight Technologies Inc generates 471% more annual revenue ($5.68B vs $994.36M). KEYS leads profitability with a 17.0% profit margin vs 11.5%. KEYS appears more attractively valued with a PEG of 1.72. KEYS earns a higher WallStSmart Score of 64/100 (C+).

CGNX

Hold

45

out of 100

Grade: D

Growth: 5.3Profit: 5.5Value: 2.0Quality: 9.0
Piotroski: 5/9Altman Z: 3.05

KEYS

Buy

64

out of 100

Grade: C+

Growth: 6.7Profit: 7.5Value: 6.0Quality: 7.5
Piotroski: 3/9Altman Z: 2.61
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CGNXSignificantly Overvalued (-77.7%)

Margin of Safety

-77.7%

Fair Value

$24.21

Current Price

$51.61

$27.40 premium

UndervaluedFair: $24.21Overvalued
KEYSUndervalued (+10.3%)

Margin of Safety

+10.3%

Fair Value

$265.36

Current Price

$293.12

$27.76 discount

UndervaluedFair: $265.36Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CGNX2 strengths · Avg: 10.0/10
Debt/EquityHealth
0.0510/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
3.0510/10

Safe zone — low bankruptcy risk

KEYS3 strengths · Avg: 9.0/10
EPS GrowthGrowth
68.0%10/10

Earnings expanding 68.0% YoY

Market CapQuality
$51.21B9/10

Large-cap with strong market position

Revenue GrowthGrowth
23.3%8/10

Revenue surging 23.3% year-over-year

Areas to Watch

CGNX3 concerns · Avg: 2.3/10
Return on EquityProfitability
7.6%3/10

ROE of 7.6% — below average capital efficiency

PEG RatioValuation
2.712/10

Expensive relative to growth rate

P/E RatioValuation
75.0x2/10

Premium valuation, high expectations priced in

KEYS4 concerns · Avg: 3.3/10
PEG RatioValuation
1.724/10

Expensive relative to growth rate

Price/BookValuation
8.1x4/10

Trading at 8.1x book value

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

P/E RatioValuation
52.7x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : CGNX

The strongest argument for CGNX centers on Debt/Equity, Altman Z-Score.

Bull Case : KEYS

The strongest argument for KEYS centers on EPS Growth, Market Cap, Revenue Growth. Profitability is solid with margins at 17.0% and operating margin at 16.3%. Revenue growth of 23.3% demonstrates continued momentum.

Bear Case : CGNX

The primary concerns for CGNX are Return on Equity, PEG Ratio, P/E Ratio. A P/E of 75.0x leaves little room for execution misses.

Bear Case : KEYS

The primary concerns for KEYS are PEG Ratio, Price/Book, Piotroski F-Score. A P/E of 52.7x leaves little room for execution misses.

Key Dynamics to Monitor

CGNX profiles as a value stock while KEYS is a growth play — different risk/reward profiles.

CGNX carries more volatility with a beta of 1.47 — expect wider price swings.

KEYS is growing revenue faster at 23.3% — sustainability is the question.

KEYS generates stronger free cash flow (407M), providing more financial flexibility.

Bottom Line

KEYS scores higher overall (64/100 vs 45/100), backed by strong 17.0% margins and 23.3% revenue growth. Both earn "Buy" and "Hold" 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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