WallStSmart

Cognex Corporation (CGNX)vsMKS Instruments Inc (MKSI)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

MKS Instruments Inc generates 299% more annual revenue ($4.35B vs $1.09B). CGNX leads profitability with a 16.1% profit margin vs 10.1%. MKSI appears more attractively valued with a PEG of 1.32. MKSI earns a higher WallStSmart Score of 69/100 (B-).

CGNX

Buy

60

out of 100

Grade: C+

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

MKSI

Strong Buy

69

out of 100

Grade: B-

Growth: 7.3Profit: 6.5Value: 4.0Quality: 4.5
Piotroski: 4/9Altman Z: 1.24
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
MKSISignificantly Overvalued (-59.8%)

Margin of Safety

-59.8%

Fair Value

$162.14

Current Price

$267.31

$105.17 premium

UndervaluedFair: $162.14Overvalued

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

MKSI3 strengths · Avg: 8.7/10
EPS GrowthGrowth
162.0%10/10

Earnings expanding 162.0% YoY

Operating MarginProfitability
20.6%8/10

Strong operational efficiency at 20.6%

Revenue GrowthGrowth
28.3%8/10

Revenue surging 28.3% year-over-year

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

MKSI3 concerns · Avg: 2.3/10
Debt/EquityHealth
1.403/10

Elevated debt levels

P/E RatioValuation
42.3x2/10

Premium valuation, high expectations priced in

Altman Z-ScoreHealth
1.242/10

Distress zone — elevated risk

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 : MKSI

The strongest argument for MKSI centers on EPS Growth, Operating Margin, Revenue Growth. Revenue growth of 28.3% demonstrates continued momentum. PEG of 1.32 suggests the stock is reasonably priced for its growth.

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 : MKSI

The primary concerns for MKSI are Debt/Equity, P/E Ratio, Altman Z-Score. A P/E of 42.3x leaves little room for execution misses.

Key Dynamics to Monitor

MKSI carries more volatility with a beta of 1.97 — expect wider price swings.

MKSI is growing revenue faster at 28.3% — sustainability is the question.

MKSI generates stronger free cash flow (189M), providing more financial flexibility.

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

Bottom Line

MKSI scores higher overall (69/100 vs 60/100) and 28.3% 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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MKS Instruments Inc

TECHNOLOGY · SCIENTIFIC & TECHNICAL INSTRUMENTS · USA

MKS Instruments, Inc. provides instruments, systems, subsystems, and process control solutions that measure, monitor, deliver, analyze, power, and control critical parameters of manufacturing processes globally. The company is headquartered in Andover, Massachusetts.

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