Yes, I think so. Featuretools is actually the core of my company's commercial product.
Performance is tricky thing to answer. If you care about machine learning performance such as AUC, RSME, F1, then I think the answer would be 80%-90% of coding. If you care about building a first solution, then I think the automation would be 5-10x better.
And how close in performance this could get vs code based solutions ?