VISHAY PRECISION GROUP (VPG) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:VPG - US92835K1034 - Common Stock
33.66 USD
+1.22 (+3.76%)
33.66 USD
0 (0%)
VPG gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 123 industry peers in the Electronic Equipment, Instruments & Components industry. While VPG has a great health rating, its profitability is only average at the moment. VPG is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
VPG had positive earnings in the past year.
VPG had a positive operating cash flow in the past year.
VPG had positive earnings in each of the past 5 years.
In the past 5 years VPG always reported a positive cash flow from operatings.
1.2 Ratios
VPG has a Return On Assets (1.72%) which is in line with its industry peers.
The Return On Equity of VPG (2.35%) is comparable to the rest of the industry.
The Return On Invested Capital of VPG (1.32%) is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for VPG is below the industry average of 9.11%.
The 3 year average ROIC (5.39%) for VPG is well above the current ROIC(1.32%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.72% | ||
| ROE | 2.35% | ||
| ROIC | 1.32% |
ROA(3y)5.07%
ROA(5y)4.46%
ROE(3y)7.55%
ROE(5y)6.83%
ROIC(3y)5.39%
ROIC(5y)5.07%
1.3 Margins
The Profit Margin of VPG (2.65%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of VPG has declined.
The Operating Margin of VPG (2.86%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of VPG has declined.
With a decent Gross Margin value of 39.27%, VPG is doing good in the industry, outperforming 67.48% of the companies in the same industry.
VPG's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.86% | ||
| PM (TTM) | 2.65% | ||
| GM | 39.27% |
OM growth 3Y-14.49%
OM growth 5Y-12.14%
PM growth 3Y-20.16%
PM growth 5Y-16.18%
GM growth 3Y1.34%
GM growth 5Y0.83%
2. Health
2.1 Basic Checks
VPG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
VPG has less shares outstanding than it did 1 year ago.
VPG has less shares outstanding than it did 5 years ago.
The debt/assets ratio for VPG is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.96 indicates that VPG is not in any danger for bankruptcy at the moment.
VPG has a Altman-Z score of 3.96. This is in the better half of the industry: VPG outperforms 61.79% of its industry peers.
VPG has a debt to FCF ratio of 2.10. This is a good value and a sign of high solvency as VPG would need 2.10 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.10, VPG is in the better half of the industry, outperforming 76.42% of the companies in the same industry.
VPG has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of VPG (0.06) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 2.1 | ||
| Altman-Z | 3.96 |
ROIC/WACC0.15
WACC9.02%
2.3 Liquidity
VPG has a Current Ratio of 4.10. This indicates that VPG is financially healthy and has no problem in meeting its short term obligations.
VPG has a better Current ratio (4.10) than 76.42% of its industry peers.
A Quick Ratio of 2.71 indicates that VPG has no problem at all paying its short term obligations.
VPG has a Quick ratio of 2.71. This is in the better half of the industry: VPG outperforms 65.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.1 | ||
| Quick Ratio | 2.71 |
3. Growth
3.1 Past
The earnings per share for VPG have decreased strongly by -67.32% in the last year.
VPG shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -10.99% yearly.
Looking at the last year, VPG shows a decrease in Revenue. The Revenue has decreased by -7.46% in the last year.
VPG shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.54% yearly.
EPS 1Y (TTM)-67.32%
EPS 3Y-20.35%
EPS 5Y-10.99%
EPS Q2Q%36.84%
Revenue 1Y (TTM)-7.46%
Revenue growth 3Y-1.21%
Revenue growth 5Y1.54%
Sales Q2Q%5.28%
3.2 Future
VPG is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 20.85% yearly.
Based on estimates for the next years, VPG will show a small growth in Revenue. The Revenue will grow by 2.63% on average per year.
EPS Next Y-31.05%
EPS Next 2Y8.73%
EPS Next 3Y20.85%
EPS Next 5YN/A
Revenue Next Year-1.87%
Revenue Next 2Y1.7%
Revenue Next 3Y2.63%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 67.32, the valuation of VPG can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of VPG is on the same level as its industry peers.
VPG is valuated expensively when we compare the Price/Earnings ratio to 25.98, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 29.97, the valuation of VPG can be described as expensive.
VPG's Price/Forward Earnings ratio is in line with the industry average.
VPG's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 35.79.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 67.32 | ||
| Fwd PE | 29.97 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, VPG is valued a bit cheaper than the industry average as 65.85% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, VPG is valued a bit cheaper than the industry average as 61.79% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 45.56 | ||
| EV/EBITDA | 15.6 |
4.3 Compensation for Growth
A more expensive valuation may be justified as VPG's earnings are expected to grow with 20.85% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y8.73%
EPS Next 3Y20.85%
5. Dividend
5.1 Amount
VPG does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
33.66
+1.22 (+3.76%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners96.19%
Inst Owner Change5.68%
Ins Owners3.27%
Ins Owner Change-0.58%
Market Cap447.00M
Revenue(TTM)299.28M
Net Income(TTM)7.93M
Analysts83.33
Price Target41.82 (24.24%)
Short Float %5.16%
Short Ratio4.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)36.29%
Min EPS beat(2)28.71%
Max EPS beat(2)43.86%
EPS beat(4)2
Avg EPS beat(4)-12.21%
Min EPS beat(4)-78%
Max EPS beat(4)43.86%
EPS beat(8)4
Avg EPS beat(8)0.19%
EPS beat(12)6
Avg EPS beat(12)1.41%
EPS beat(16)10
Avg EPS beat(16)4.41%
Revenue beat(2)2
Avg Revenue beat(2)2.53%
Min Revenue beat(2)2.04%
Max Revenue beat(2)3.02%
Revenue beat(4)2
Avg Revenue beat(4)-0.01%
Min Revenue beat(4)-2.75%
Max Revenue beat(4)3.02%
Revenue beat(8)3
Avg Revenue beat(8)-0.33%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)22.39%
PT rev (3m)22.39%
EPS NQ rev (1m)-10.22%
EPS NQ rev (3m)-3.95%
EPS NY rev (1m)0%
EPS NY rev (3m)14.07%
Revenue NQ rev (1m)0.03%
Revenue NQ rev (3m)-5.19%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 67.32 | ||
| Fwd PE | 29.97 | ||
| P/S | 1.49 | ||
| P/FCF | 45.56 | ||
| P/OCF | 26.37 | ||
| P/B | 1.32 | ||
| P/tB | 1.78 | ||
| EV/EBITDA | 15.6 |
EPS(TTM)0.5
EY1.49%
EPS(NY)1.12
Fwd EY3.34%
FCF(TTM)0.74
FCFY2.19%
OCF(TTM)1.28
OCFY3.79%
SpS22.54
BVpS25.43
TBVpS18.93
PEG (NY)N/A
PEG (5Y)N/A
Graham Number16.92
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.72% | ||
| ROE | 2.35% | ||
| ROCE | 2.13% | ||
| ROIC | 1.32% | ||
| ROICexc | 1.68% | ||
| ROICexgc | 2.32% | ||
| OM | 2.86% | ||
| PM (TTM) | 2.65% | ||
| GM | 39.27% | ||
| FCFM | 3.28% |
ROA(3y)5.07%
ROA(5y)4.46%
ROE(3y)7.55%
ROE(5y)6.83%
ROIC(3y)5.39%
ROIC(5y)5.07%
ROICexc(3y)6.8%
ROICexc(5y)6.52%
ROICexgc(3y)9.48%
ROICexgc(5y)9.08%
ROCE(3y)8.71%
ROCE(5y)8.2%
ROICexgc growth 3Y-17.42%
ROICexgc growth 5Y-20.98%
ROICexc growth 3Y-16.02%
ROICexc growth 5Y-19.16%
OM growth 3Y-14.49%
OM growth 5Y-12.14%
PM growth 3Y-20.16%
PM growth 5Y-16.18%
GM growth 3Y1.34%
GM growth 5Y0.83%
F-Score4
Asset Turnover0.65
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 2.1 | ||
| Debt/EBITDA | 0.84 | ||
| Cap/Depr | 44.99% | ||
| Cap/Sales | 2.39% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 69.38% | ||
| Profit Quality | 123.66% | ||
| Current Ratio | 4.1 | ||
| Quick Ratio | 2.71 | ||
| Altman-Z | 3.96 |
F-Score4
WACC9.02%
ROIC/WACC0.15
Cap/Depr(3y)98.04%
Cap/Depr(5y)118.26%
Cap/Sales(3y)4.38%
Cap/Sales(5y)5.4%
Profit Quality(3y)86.52%
Profit Quality(5y)91.12%
High Growth Momentum
Growth
EPS 1Y (TTM)-67.32%
EPS 3Y-20.35%
EPS 5Y-10.99%
EPS Q2Q%36.84%
EPS Next Y-31.05%
EPS Next 2Y8.73%
EPS Next 3Y20.85%
EPS Next 5YN/A
Revenue 1Y (TTM)-7.46%
Revenue growth 3Y-1.21%
Revenue growth 5Y1.54%
Sales Q2Q%5.28%
Revenue Next Year-1.87%
Revenue Next 2Y1.7%
Revenue Next 3Y2.63%
Revenue Next 5YN/A
EBIT growth 1Y-71.16%
EBIT growth 3Y-15.52%
EBIT growth 5Y-10.79%
EBIT Next Year50.1%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-59.17%
FCF growth 3Y-13.54%
FCF growth 5Y-11.6%
OCF growth 1Y-57.21%
OCF growth 3Y-16.09%
OCF growth 5Y-8.52%
VISHAY PRECISION GROUP / VPG FAQ
What is the ChartMill fundamental rating of VISHAY PRECISION GROUP (VPG) stock?
ChartMill assigns a fundamental rating of 5 / 10 to VPG.
Can you provide the valuation status for VISHAY PRECISION GROUP?
ChartMill assigns a valuation rating of 3 / 10 to VISHAY PRECISION GROUP (VPG). This can be considered as Overvalued.
What is the profitability of VPG stock?
VISHAY PRECISION GROUP (VPG) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for VPG stock?
The Price/Earnings (PE) ratio for VISHAY PRECISION GROUP (VPG) is 67.32 and the Price/Book (PB) ratio is 1.32.