VISHAY PRECISION GROUP (VPG) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:VPG - US92835K1034 - Common Stock
34.14 USD
+0.09 (+0.26%)
34.14 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to VPG. VPG was compared to 123 industry peers in the Electronic Equipment, Instruments & Components industry. VPG is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. 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.
In the past year VPG had a positive cash flow from operations.
VPG had positive earnings in each of the past 5 years.
Each year in the past 5 years VPG had a positive operating cash flow.
1.2 Ratios
VPG has a Return On Assets of 1.72%. This is comparable to the rest of the industry: VPG outperforms 52.85% of its industry peers.
With a Return On Equity value of 2.35%, VPG perfoms like the industry average, outperforming 51.22% of the companies in the same industry.
VPG has a Return On Invested Capital (1.32%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for VPG is below the industry average of 9.11%.
The last Return On Invested Capital (1.32%) for VPG is well below the 3 year average (5.39%), which needs to be investigated, but indicates that VPG had better years and this may not be a problem.
| 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
Looking at the Profit Margin, with a value of 2.65%, VPG is in line with its industry, outperforming 57.72% of the companies in the same industry.
VPG's Profit Margin has declined in the last couple of years.
VPG has a Operating Margin (2.86%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of VPG has declined.
VPG has a better Gross Margin (39.27%) than 67.48% of its industry peers.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), VPG is destroying value.
VPG has less shares outstanding than it did 1 year ago.
The number of shares outstanding for VPG has been reduced compared to 5 years ago.
The debt/assets ratio for VPG is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.98 indicates that VPG is not in any danger for bankruptcy at the moment.
VPG's Altman-Z score of 3.98 is fine compared to the rest of the industry. VPG outperforms 62.60% of its industry peers.
The Debt to FCF ratio of VPG is 2.10, which is a good value as it means it would take VPG, 2.10 years of fcf income to pay off all of its debts.
VPG has a Debt to FCF ratio of 2.10. This is in the better half of the industry: VPG outperforms 76.42% of its industry peers.
VPG has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
VPG has a Debt to Equity ratio (0.06) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 2.1 | ||
| Altman-Z | 3.98 |
ROIC/WACC0.15
WACC9.02%
2.3 Liquidity
A Current Ratio of 4.10 indicates that VPG has no problem at all paying its short term obligations.
With a decent Current ratio value of 4.10, VPG is doing good in the industry, outperforming 76.42% of the companies in the same industry.
VPG has a Quick Ratio of 2.71. This indicates that VPG is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.71, VPG is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.1 | ||
| Quick Ratio | 2.71 |
3. Growth
3.1 Past
VPG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -67.32%.
Measured over the past years, VPG shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -10.99% on average per year.
Looking at the last year, VPG shows a decrease in Revenue. The Revenue has decreased by -7.46% in the last year.
The Revenue has been growing slightly by 1.54% on average over the past years.
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
The Earnings Per Share is expected to grow by 20.85% on average over the next years. This is a very strong growth
VPG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.63% yearly.
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 68.28, which means the current valuation is very expensive for VPG.
VPG's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 26.31. VPG is valued rather expensively when compared to this.
VPG is valuated quite expensively with a Price/Forward Earnings ratio of 30.40.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VPG is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.59, VPG is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 68.28 | ||
| Fwd PE | 30.4 |
4.2 Price Multiples
67.48% of the companies in the same industry are more expensive than VPG, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of VPG indicates a somewhat cheap valuation: VPG is cheaper than 61.79% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 46.21 | ||
| EV/EBITDA | 15.82 |
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
No dividends for VPG!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
34.14
+0.09 (+0.26%)
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 Cap453.38M
Revenue(TTM)299.28M
Net Income(TTM)7.93M
Analysts83.33
Price Target41.82 (22.5%)
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 | 68.28 | ||
| Fwd PE | 30.4 | ||
| P/S | 1.51 | ||
| P/FCF | 46.21 | ||
| P/OCF | 26.74 | ||
| P/B | 1.34 | ||
| P/tB | 1.8 | ||
| EV/EBITDA | 15.82 |
EPS(TTM)0.5
EY1.46%
EPS(NY)1.12
Fwd EY3.29%
FCF(TTM)0.74
FCFY2.16%
OCF(TTM)1.28
OCFY3.74%
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 | 3.98 |
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 68.28 and the Price/Book (PB) ratio is 1.34.