Which has the lower trailing P/E, CGNX or ESTC?

ESTC has the lower trailing P/E: CGNX trades at 63.90 and ESTC at 26.58. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, CGNX or ESTC?

Over the past five years, ESTC grew revenue faster — CGNX at a 2.07% CAGR versus ESTC at 21.79%.

Does CGNX or ESTC pay a bigger dividend?

CGNX pays a dividend (0.53% yield), while ESTC has no payments in the available dividend history.

Is CGNX or ESTC more profitable?

ESTC runs the higher net margin — CGNX at 16.05% versus ESTC at 20.84%.

How have CGNX and ESTC total returns compared?

Over the past 5 years, CGNX delivered -3.81% and ESTC delivered -8.02% annualized total return. Past performance doesn't predict future results.

Cognex Corporation (CGNX) vs Elastic N.V. (ESTC)

A side-by-side comparison of Cognex Corporation and Elastic N.V. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

CGNX

Cognex Corporation

$10.95B

$65.82TechnologyDelayed quote: Oct 6, 2026, 2:45 PM EDT

ESTC

Elastic N.V.

$9.87B

$94.99TechnologyDelayed quote: Oct 6, 2026, 2:45 PM EDT

Total return — CGNX vs ESTC

growth of $100 · dividends reinvested · last 8y

CGNX +20.1% (+2.3%/yr)ESTC +35.6% (+3.9%/yr)ESTC compounded faster over this window

CGNX ESTC

CGNX vs ESTC: by the numbers

•CGNX is the larger company ($10.95B vs $9.87B market cap).
•ESTC trades at the lower trailing earnings multiple (26.58 vs 63.90 P/E), one valuation lens rather than an overall verdict.
•ESTC converts more revenue to profit (20.84% vs 16.05% net margin).
•ESTC grew revenue faster over the past five years (21.79% vs 2.07% CAGR).
•CGNX pays a dividend (0.53% yield), while ESTC has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	CGNX	ESTC
P/E ratio	63.90	26.58
Forward P/E	39.14	28.27
P/S ratio	10.06	5.48
P/B ratio	6.72	7.61
EV / EBITDA	40.17	N/A
FCF yield	2.45%	3.53%

Profitability

Metric	CGNX	ESTC
Gross margin	68.87%	75.50%
Operating margin	21.90%	-1.49%
Net margin	16.05%	20.84%
ROE	10.73%	28.97%
ROIC	8.23%	-1.37%

Dividends

Metric	CGNX	ESTC
Dividend yield	0.53%	N/A
Payout ratio	33.01%	N/A

Growth (annualized)

Metric	CGNX	ESTC
Revenue CAGR (5Y)	2.07%	21.79%
EPS CAGR (5Y)	-7.79%	N/A
FCF CAGR (5Y)	0.66%	107.34%
Total return CAGR (5Y)	-3.81%	-8.02%

Frequently asked

Which has the lower trailing P/E, CGNX or ESTC?: ESTC has the lower trailing P/E: CGNX trades at 63.90 and ESTC at 26.58. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CGNX or ESTC?: Over the past five years, ESTC grew revenue faster — CGNX at a 2.07% CAGR versus ESTC at 21.79%.
Does CGNX or ESTC pay a bigger dividend?: CGNX pays a dividend (0.53% yield), while ESTC has no payments in the available dividend history.
Is CGNX or ESTC more profitable?: ESTC runs the higher net margin — CGNX at 16.05% versus ESTC at 20.84%.
How have CGNX and ESTC total returns compared?: Over the past 5 years, CGNX delivered -3.81% and ESTC delivered -8.02% annualized total return. Past performance doesn't predict future results.

Go deeper

Full CGNX analysis Full ESTC analysis Interactive comparison tool

Dig into the metrics

Cognex P/E ratio Elastic P/E ratio Cognex dividend yield Cognex ROE Elastic ROE Cognex operating margin Elastic operating margin Cognex revenue growth Elastic revenue growth Cognex free cash flow Elastic free cash flow

Cognex & Elastic appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.