VISHAY PRECISION GROUP (VPG) Stock Fundamental Analysis
USA - NYSE:VPG - US92835K1034 - Common Stock
30.29 USD
-0.13 (-0.43%)
30.29 USD
0 (0%)
VPG gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 123 industry peers in the Electronic Equipment, Instruments & Components industry. VPG has an excellent financial health rating, but there are some minor concerns on its profitability. VPG is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year VPG was profitable.
In the past year VPG had a positive cash flow from operations.
In the past 5 years VPG has always been profitable.
VPG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -0.27%, VPG is in line with its industry, outperforming 46.34% of the companies in the same industry.
VPG has a Return On Equity (-0.38%) which is in line with its industry peers.
VPG has a Return On Invested Capital (1.18%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for VPG is below the industry average of 8.98%.
The 3 year average ROIC (5.47%) for VPG is well above the current ROIC(1.18%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.27% | ||
| ROE | -0.38% | ||
| ROIC | 1.18% |
ROA(3y)5.09%
ROA(5y)4.47%
ROE(3y)7.58%
ROE(5y)6.84%
ROIC(3y)5.47%
ROIC(5y)5.15%
1.3 Margins
VPG's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 2.59%, VPG perfoms like the industry average, outperforming 53.66% of the companies in the same industry.
In the last couple of years the Operating Margin of VPG has declined.
The Gross Margin of VPG (39.17%) is better 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 | 2.59% | ||
| PM (TTM) | N/A | ||
| GM | 39.17% |
OM growth 3Y-14.28%
OM growth 5Y-12.01%
PM growth 3Y-20.17%
PM growth 5Y-16.19%
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 about the same amout of 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
VPG has an Altman-Z score of 3.56. 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 3.56, VPG is in line with its industry, outperforming 56.91% of the companies in the same industry.
VPG has a debt to FCF ratio of 3.12. This is a good value and a sign of high solvency as VPG would need 3.12 years to pay back of all of its debts.
VPG's Debt to FCF ratio of 3.12 is fine compared to the rest of the industry. VPG outperforms 69.92% of its industry peers.
A Debt/Equity ratio of 0.10 indicates that VPG is not too dependend on debt financing.
VPG has a Debt to Equity ratio of 0.10. This is comparable to the rest of the industry: VPG outperforms 55.28% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 3.12 | ||
| Altman-Z | 3.56 |
ROIC/WACC0.13
WACC8.96%
2.3 Liquidity
A Current Ratio of 4.36 indicates that VPG has no problem at all paying its short term obligations.
The Current ratio of VPG (4.36) is better than 77.24% of its industry peers.
A Quick Ratio of 2.88 indicates that VPG has no problem at all paying its short term obligations.
With a decent Quick ratio value of 2.88, VPG is doing good in the industry, outperforming 69.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.36 | ||
| Quick Ratio | 2.88 |
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%.
VPG shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -10.99% yearly.
The Revenue for VPG has decreased by -13.67% in the past year. This is quite bad
Measured over the past years, VPG shows a small growth in Revenue. The Revenue has been growing by 1.54% on average per year.
EPS 1Y (TTM)-67.32%
EPS 3Y-20.35%
EPS 5Y-10.99%
EPS Q2Q%36.84%
Revenue 1Y (TTM)-13.67%
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
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.
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 60.58, the valuation of VPG can be described as expensive.
VPG's Price/Earnings is on the same level as the industry average.
VPG is valuated expensively when we compare the Price/Earnings ratio to 25.51, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 26.97 indicates a quite expensive valuation of VPG.
The rest of the industry has a similar Price/Forward Earnings ratio as VPG.
VPG's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 34.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 60.58 | ||
| Fwd PE | 26.97 |
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 68.29% of the companies listed in the same industry.
63.41% of the companies in the same industry are more expensive than VPG, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 39.21 | ||
| EV/EBITDA | 14.52 |
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 |
30.29
-0.13 (-0.43%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners96.19%
Inst Owner Change5.69%
Ins Owners3.27%
Ins Owner Change2.74%
Market Cap402.25M
Revenue(TTM)306.52M
Net Income(TTM)-1.27M
Analysts83.33
Price Target41.82 (38.07%)
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)1
Avg EPS beat(2)0.22%
Min EPS beat(2)-43.42%
Max EPS beat(2)43.86%
EPS beat(4)1
Avg EPS beat(4)-26.02%
Min EPS beat(4)-78%
Max EPS beat(4)43.86%
EPS beat(8)3
Avg EPS beat(8)-5.52%
EPS beat(12)6
Avg EPS beat(12)0.33%
EPS beat(16)10
Avg EPS beat(16)2.65%
Revenue beat(2)1
Avg Revenue beat(2)-0.35%
Min Revenue beat(2)-2.75%
Max Revenue beat(2)2.04%
Revenue beat(4)1
Avg Revenue beat(4)-1.33%
Min Revenue beat(4)-2.75%
Max Revenue beat(4)2.04%
Revenue beat(8)2
Avg Revenue beat(8)-1.43%
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)29.13%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)18.12%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.84%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 60.58 | ||
| Fwd PE | 26.97 | ||
| P/S | 1.36 | ||
| P/FCF | 39.21 | ||
| P/OCF | 23.66 | ||
| P/B | 1.21 | ||
| P/tB | 1.64 | ||
| EV/EBITDA | 14.52 |
EPS(TTM)0.5
EY1.65%
EPS(NY)1.12
Fwd EY3.71%
FCF(TTM)0.77
FCFY2.55%
OCF(TTM)1.28
OCFY4.23%
SpS22.24
BVpS25
TBVpS18.45
PEG (NY)N/A
PEG (5Y)N/A
Graham Number16.77
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.27% | ||
| ROE | -0.38% | ||
| ROCE | 1.88% | ||
| ROIC | 1.18% | ||
| ROICexc | 1.51% | ||
| ROICexgc | 2.08% | ||
| OM | 2.59% | ||
| PM (TTM) | N/A | ||
| GM | 39.17% | ||
| FCFM | 3.47% |
ROA(3y)5.09%
ROA(5y)4.47%
ROE(3y)7.58%
ROE(5y)6.84%
ROIC(3y)5.47%
ROIC(5y)5.15%
ROICexc(3y)6.91%
ROICexc(5y)6.62%
ROICexgc(3y)9.65%
ROICexgc(5y)9.23%
ROCE(3y)8.72%
ROCE(5y)8.21%
ROICexgc growth 3Y-17.19%
ROICexgc growth 5Y-20.84%
ROICexc growth 3Y-15.82%
ROICexc growth 5Y-19.05%
OM growth 3Y-14.28%
OM growth 5Y-12.01%
PM growth 3Y-20.17%
PM growth 5Y-16.19%
GM growth 3Y1.34%
GM growth 5Y0.83%
F-Score4
Asset Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 3.12 | ||
| Debt/EBITDA | 1.35 | ||
| Cap/Depr | 42.05% | ||
| Cap/Sales | 2.28% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 71.76% | ||
| Profit Quality | N/A | ||
| Current Ratio | 4.36 | ||
| Quick Ratio | 2.88 | ||
| Altman-Z | 3.56 |
F-Score4
WACC8.96%
ROIC/WACC0.13
Cap/Depr(3y)96.57%
Cap/Depr(5y)117.38%
Cap/Sales(3y)4.36%
Cap/Sales(5y)5.39%
Profit Quality(3y)87.05%
Profit Quality(5y)91.43%
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)-13.67%
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-78.19%
EBIT growth 3Y-15.31%
EBIT growth 5Y-10.66%
EBIT Next Year50.1%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-55.66%
FCF growth 3Y-13.03%
FCF growth 5Y-11.29%
OCF growth 1Y-59.98%
OCF growth 3Y-15.83%
OCF growth 5Y-8.35%
VISHAY PRECISION GROUP / VPG FAQ
What is the ChartMill fundamental rating of VISHAY PRECISION GROUP (VPG) stock?
ChartMill assigns a fundamental rating of 4 / 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 4 / 10.
Can you provide the PE and PB ratios for VPG stock?
The Price/Earnings (PE) ratio for VISHAY PRECISION GROUP (VPG) is 60.58 and the Price/Book (PB) ratio is 1.21.