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CGNX vs NOVT: Cognex vs Novanta

Cognex (CGNX) and Novanta (NOVT) on Torvanta's measures: CGNX grades higher on 3 of the 4 factor families and NOVT on 0.

CGNXNOVT
Value gradeC-D
Growth gradeBC-
Profitability gradeBC-
Momentum gradeB-B-
Market value$10.8B$5.7B
P/E (trailing)61.9x95.9x
Revenue, last 12 months$1.1B$1.0B
Revenue growth (y/y)+17%+8%
Operating margin21.9%9.0%
Return on invested capital12.2%6.3%
Free-cash-flow yield2.5%2.0%
Total return, 1 year+38.2%+44.4%
Total return, 3 years+56.2%+4.5%

Full CGNX analysis · Full NOVT analysis

Frequently asked questions

Which is better, CGNX or NOVT?

Cognex (CGNX) and Novanta (NOVT) on Torvanta's measures: CGNX grades higher on 3 of the 4 factor families and NOVT on 0. Which fits an investor depends on their goals; this is research, not a recommendation. Subscribers see where the model ranks each and its expected return.

Which is cheaper, CGNX or NOVT?

On trailing earnings CGNX trades at 61.9x and NOVT at 95.9x; their value grades are C- and D against their sectors.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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