Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Cognex Corporation (0I14.L)

Company Dividend Discount ModelIndustry: Hardware, Equipment & PartsSector: Technology

Valuation Snapshot

Stable Growth$7.60 - $12.55$9.79
Multi-Stage$8.52 - $9.31$8.91
Blended Fair Value$9.35
Current Price$45.55
Upside-79.47%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS8.30%0.00%0.310.290.270.252.290.210.190.170.150.11
YoY Growth--6.62%6.88%6.14%-88.92%1,011.80%10.23%9.74%15.17%39.59%0.00%
Dividend Yield--1.03%0.69%0.55%0.32%2.69%0.45%0.35%0.35%0.35%0.56%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)110.12
(-) Cash Dividends Paid (M)54.13
(=) Cash Retained (M)55.99
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)22.0213.778.26
Cash Retained (M)55.9955.9955.99
(-) Cash Required (M)-22.02-13.77-8.26
(=) Excess Retained (M)33.9742.2247.73
(/) Shares Outstanding (M)170.20170.20170.20
(=) Excess Retained per Share0.200.250.28
LTM Dividend per Share0.320.320.32
(+) Excess Retained per Share0.200.250.28
(=) Adjusted Dividend0.520.570.60
WACC / Discount Rate9.73%9.73%9.73%
Growth Rate2.74%3.74%4.74%
Fair Value$7.60$9.79$12.55
Upside / Downside-83.31%-78.50%-72.46%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)110.12114.24118.51122.93127.53132.29136.26
Payout Ratio49.16%57.33%65.49%73.66%81.83%90.00%92.50%
Projected Dividends (M)54.1365.4977.6190.56104.36119.06126.04

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.73%9.73%9.73%
Growth Rate2.74%3.74%4.74%
Year 1 PV (M)59.1059.6860.26
Year 2 PV (M)63.2264.4665.71
Year 3 PV (M)66.5768.5470.54
Year 4 PV (M)69.2471.9774.79
Year 5 PV (M)71.3074.8378.51
PV of Terminal Value (M)1,121.051,176.681,234.50
Equity Value (M)1,450.481,516.161,584.30
Shares Outstanding (M)170.20170.20170.20
Fair Value$8.52$8.91$9.31
Upside / Downside-81.29%-80.44%-79.56%

High-Yield Dividend Screener

« Prev Page 115 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
002515.SZJinzi Ham Co.,Ltd.0.49%$0.0366.70%
094480.KQGalaxiaMoneytree Co.,Ltd0.49%$45.0538.73%
0JG5.LBittium Oyj0.49%$0.1452.63%
0REZ.LAddLife AB (publ)0.49%$0.7523.10%
102710.KQENF Technology Co., Ltd.0.49%$243.137.08%
300171.SZTofflon Science and Technology Group Co., Ltd.0.49%$0.0833.65%
300351.SZZhejiang Yonggui Electric Equipment Co., Ltd.0.49%$0.0935.92%
600528.SSChina Railway Hi-tech Industry Corporation Limited0.49%$0.046.13%
600592.SSFujian Longxi Bearing (Group) Co., Ltd0.49%$0.1369.32%
603179.SSJiangsu Xinquan Automotive Trim Co.,Ltd.0.49%$0.3619.37%
688377.SSNanjing Develop Advanced Manufacturing Co., Ltd.0.49%$0.1830.90%
688617.SSAPT Medical Inc.0.49%$1.2022.16%
688728.SSGalaxyCore Inc.0.49%$0.0781.53%
8818.TKeihanshin Building Co., Ltd.0.49%$9.539.42%
ALSTI.PASTIF S.a.0.49%$0.265.48%
BRGE5.SAConsórcio Alfa de Administração S.A.0.49%$0.0714.26%
DNORD.CODampskibsselskabet Norden A/S0.49%$1.2325.43%
MAKRO.BKSiam Makro Public Company Limited0.49%$0.1824.56%
OROR Royalties Inc.0.49%$0.1722.03%
SEALMATIC.BOSealmatic India Limited0.49%$1.837.91%
TUB.BRFinancière de Tubize S.A.0.49%$1.0425.35%
ZFSTEERING.BOZF Steering Gear (India) Limited0.49%$3.9533.81%
000931.SZBeijing Centergate Technologies (holding) Co., Ltd.0.48%$0.0234.16%
002051.SZChina CAMC Engineering Co., Ltd.0.48%$0.0418.75%
002245.SZJiangsu Azure Corporation0.48%$0.0913.88%
002510.SZTianjin Motor Dies Co.,Ltd.0.48%$0.0462.40%
002518.SZShenzhen KSTAR Science and Technology Co., Ltd.0.48%$0.2327.91%
002625.SZKuang-Chi Technologies Co., Ltd.0.48%$0.2369.49%
300718.SZZhejiang Changsheng Sliding Bearings Co., Ltd.0.48%$0.4149.19%
3162.TWOUnited Alloy-Tech Company0.48%$0.3012.28%
5452.TWOUNIC Technology Corp.0.48%$0.1550.09%
600580.SSWolong Electric Group Co.,Ltd.0.48%$0.2437.73%
603217.SSYuanli Chemical Group Co.,Ltd.0.48%$0.1212.42%
603701.SSZhejiang Dehong Automotive Electronic & Electrical Co., Ltd.0.48%$0.1060.08%
688259.SSTriductor Technology (Suzhou) Inc.0.48%$0.2027.03%
688501.SSQingdao Daneng Environmental Protection Equipment Co., Ltd.0.48%$0.138.66%
688621.SSBeijing Sun-Novo Pharmaceutical Research Co., Ltd.0.48%$0.3024.53%
688800.SSSuzhou Recodeal Interconnect System Co.,Ltd0.48%$0.4027.01%
SOLA.JKXolare RCR Energy Tbk.0.48%$0.609.38%
001339.SZJWIPC Technology Co., Ltd.0.47%$0.2433.98%
003002.SZShanxi Huhua Group Co., Ltd.0.47%$0.1516.74%
067310.KQHANA Micron Inc.0.47%$124.2534.47%
300059.SZEast Money Information Co.,Ltd.0.47%$0.1113.64%
300334.SZTianjin MOTIMO Membrane Technology Co.,Ltd0.47%$0.0340.56%
300458.SZAllwinnertech Technology Co.,Ltd.0.47%$0.2055.67%
300801.SZShandong Taihe Water Treatment Technologies Co., Ltd.0.47%$0.1322.29%
3888.HKKingsoft Corporation Limited0.47%$0.1411.27%
600508.SSShanghai Datun Energy Resources Co., Ltd.0.47%$0.0611.54%
600927.SSYongan Futures0.47%$0.0817.34%
600967.SSInner Mongolia First Machinery Group Co.,Ltd.0.47%$0.0825.49%