VISHAY PRECISION GROUP (VPG) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:VPG - US92835K1034 - Common Stock
41.67 USD
+1.29 (+3.19%)
41.67 USD
0 (0%)
Overall VPG gets a fundamental rating of 5 out of 10. We evaluated VPG against 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
VPG had positive earnings in the past year.
In the past year VPG had a positive cash flow from operations.
Each year in the past 5 years VPG has been profitable.
Each year in the past 5 years VPG had a positive operating cash flow.
1.2 Ratios
The Return On Assets of VPG (1.72%) is comparable to the rest of the industry.
VPG has a Return On Equity (2.35%) which is in line with its industry peers.
The Return On Invested Capital of VPG (1.32%) is comparable to the rest of the industry.
VPG had an Average Return On Invested Capital over the past 3 years of 5.39%. This is below the industry average of 9.00%.
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.
VPG's Profit Margin has declined in the last couple of years.
VPG has a Operating Margin of 2.86%. This is comparable to the rest of the industry: VPG outperforms 55.65% of its industry peers.
In the last couple of years the Operating Margin of VPG has declined.
VPG's Gross Margin of 39.27% is fine compared to the rest of the industry. VPG outperforms 68.55% of its industry peers.
In the last couple of years the Gross Margin of VPG has remained more or less at the same level.
| 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.
The number of shares outstanding for VPG has been reduced compared to 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
VPG has an Altman-Z score of 4.39. This indicates that VPG is financially healthy and has little risk of bankruptcy at the moment.
VPG has a better Altman-Z score (4.39) than 64.52% 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.
With a decent Debt to FCF ratio value of 2.10, VPG is doing good in the industry, outperforming 76.61% of the companies in the same industry.
A Debt/Equity ratio of 0.06 indicates that VPG is not too dependend on debt financing.
VPG has a Debt to Equity ratio (0.06) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 2.1 | ||
| Altman-Z | 4.39 |
ROIC/WACC0.14
WACC9.24%
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's Current ratio of 4.10 is fine compared to the rest of the industry. VPG outperforms 75.00% of its industry peers.
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 66.94% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.1 | ||
| Quick Ratio | 2.71 |
3. Growth
3.1 Past
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.
The Revenue has decreased by -7.46% in the past 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 21.21% yearly.
Based on estimates for the next years, VPG will show a small growth in Revenue. The Revenue will grow by 3.67% on average per year.
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
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
Based on the Price/Earnings ratio of 83.34, 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.
Compared to an average S&P500 Price/Earnings ratio of 27.19, VPG is valued quite expensively.
VPG is valuated quite expensively with a Price/Forward Earnings ratio of 39.08.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VPG is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 23.88. VPG is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 83.34 | ||
| Fwd PE | 39.08 |
4.2 Price Multiples
64.52% 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 is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 56.4 | ||
| EV/EBITDA | 19.26 |
4.3 Compensation for Growth
A more expensive valuation may be justified as VPG's earnings are expected to grow with 21.21% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y5.94%
EPS Next 3Y21.21%
5. Dividend
5.1 Amount
VPG does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
41.67
+1.29 (+3.19%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners93.91%
Inst Owner Change0%
Ins Owners3.27%
Ins Owner Change-0.58%
Market Cap553.38M
Revenue(TTM)299.28M
Net Income(TTM)7.93M
Analysts83.33
Price Target42.84 (2.81%)
Short Float %5.88%
Short Ratio5.25
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)6.71%
EPS NY rev (3m)5.47%
Revenue NQ rev (1m)0.29%
Revenue NQ rev (3m)-0.65%
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)1.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 83.34 | ||
| Fwd PE | 39.08 | ||
| P/S | 1.85 | ||
| P/FCF | 56.4 | ||
| P/OCF | 32.64 | ||
| P/B | 1.64 | ||
| P/tB | 2.2 | ||
| EV/EBITDA | 19.26 |
EPS(TTM)0.5
EY1.2%
EPS(NY)1.07
Fwd EY2.56%
FCF(TTM)0.74
FCFY1.77%
OCF(TTM)1.28
OCFY3.06%
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 | 4.39 |
F-Score4
WACC9.24%
ROIC/WACC0.14
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.
What is the valuation status for VPG stock?
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 83.34 and the Price/Book (PB) ratio is 1.64.