VISHAY PRECISION GROUP (VPG) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:VPG - US92835K1034 - Common Stock
39.19 USD
-0.5 (-1.26%)
39.19 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to VPG. VPG was compared to 124 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
In the past year VPG was profitable.
VPG had a positive operating cash flow in the past year.
Each year in the past 5 years VPG has been profitable.
In the past 5 years VPG always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.72%, VPG is in line with its industry, outperforming 54.03% of the companies in the same industry.
Looking at the Return On Equity, with a value of 2.35%, VPG is in line with its industry, outperforming 51.61% 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.
The Average Return On Invested Capital over the past 3 years for VPG is below the industry average of 9.30%.
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
With a Profit Margin value of 2.65%, VPG perfoms like the industry average, outperforming 58.87% of the companies in the same industry.
In the last couple of years the Profit Margin of VPG has declined.
VPG's Operating Margin of 2.86% is in line compared to the rest of the industry. VPG outperforms 54.84% of its industry peers.
In the last couple of years the Operating Margin of VPG has declined.
VPG has a better Gross Margin (39.27%) than 68.55% 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so VPG is destroying value.
Compared to 1 year ago, VPG has less shares outstanding
VPG has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, VPG has a worse debt to assets ratio.
2.2 Solvency
VPG has an Altman-Z score of 4.31. This indicates that VPG is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.31, VPG is in the better half of the industry, outperforming 65.32% of the companies in the same industry.
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's Debt to FCF ratio of 2.10 is fine compared to the rest of the industry. VPG outperforms 76.61% 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.
Looking at the Debt to Equity ratio, with a value of 0.06, VPG is in line with its industry, outperforming 57.26% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 2.1 | ||
| Altman-Z | 4.31 |
ROIC/WACC0.15
WACC8.9%
2.3 Liquidity
A Current Ratio of 4.10 indicates that VPG has no problem at all paying its short term obligations.
VPG has a better Current ratio (4.10) than 75.00% of its industry peers.
A Quick Ratio of 2.71 indicates that VPG has no problem at all paying its short term obligations.
With a decent Quick ratio value of 2.71, VPG is doing good in the industry, outperforming 66.94% of the companies in the same industry.
| 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.
VPG shows a decrease in Revenue. In the last year, the revenue decreased by -7.46%.
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
Based on estimates for the next years, VPG will show a very strong growth in Earnings Per Share. The EPS will grow by 21.21% on average per year.
The Revenue is expected to grow by 3.67% on average over the next years.
EPS Next Y-27.28%
EPS Next 2Y5.94%
EPS Next 3Y21.21%
EPS Next 5YN/A
Revenue Next Year-0.88%
Revenue Next 2Y2.02%
Revenue Next 3Y3.67%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
A Price/Earnings ratio of 78.38 indicates a quite expensive valuation of VPG.
VPG's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 26.84. VPG is valued rather expensively when compared to this.
VPG is valuated quite expensively with a Price/Forward Earnings ratio of 36.76.
The rest of the industry has a similar Price/Forward Earnings ratio as VPG.
The average S&P500 Price/Forward Earnings ratio is at 23.40. VPG is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 78.38 | ||
| Fwd PE | 36.76 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of VPG indicates a somewhat cheap valuation: VPG is cheaper than 61.29% of the companies listed in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as VPG.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 53.05 | ||
| EV/EBITDA | 18.61 |
4.3 Compensation for Growth
VPG's earnings are expected to grow with 21.21% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y5.94%
EPS Next 3Y21.21%
5. Dividend
5.1 Amount
No dividends for VPG!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
39.19
-0.5 (-1.26%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners93.91%
Inst Owner Change5.68%
Ins Owners3.27%
Ins Owner Change-0.58%
Market Cap520.44M
Revenue(TTM)299.28M
Net Income(TTM)7.93M
Analysts83.33
Price Target42.84 (9.31%)
Short Float %5.26%
Short Ratio4.61
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)2.44%
PT rev (3m)25.37%
EPS NQ rev (1m)0.57%
EPS NQ rev (3m)-9.71%
EPS NY rev (1m)5.47%
EPS NY rev (3m)5.47%
Revenue NQ rev (1m)-0.67%
Revenue NQ rev (3m)-0.65%
Revenue NY rev (1m)1.01%
Revenue NY rev (3m)1.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 78.38 | ||
| Fwd PE | 36.76 | ||
| P/S | 1.74 | ||
| P/FCF | 53.05 | ||
| P/OCF | 30.7 | ||
| P/B | 1.54 | ||
| P/tB | 2.07 | ||
| EV/EBITDA | 18.61 |
EPS(TTM)0.5
EY1.28%
EPS(NY)1.07
Fwd EY2.72%
FCF(TTM)0.74
FCFY1.89%
OCF(TTM)1.28
OCFY3.26%
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 | 4.31 |
F-Score4
WACC8.9%
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-27.28%
EPS Next 2Y5.94%
EPS Next 3Y21.21%
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-0.88%
Revenue Next 2Y2.02%
Revenue Next 3Y3.67%
Revenue Next 5YN/A
EBIT growth 1Y-71.16%
EBIT growth 3Y-15.52%
EBIT growth 5Y-10.79%
EBIT Next Year50.11%
EBIT Next 3Y35.06%
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 2 / 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 78.38 and the Price/Book (PB) ratio is 1.54.