VISHAY PRECISION GROUP (VPG) Stock Fundamental Analysis
USA - NYSE:VPG - US92835K1034 - Common Stock
32.96 USD
-0.15 (-0.45%)
32.96 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
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
VPG has a Return On Assets (-0.27%) which is comparable to the rest of the industry.
VPG has a Return On Equity (-0.39%) which is in line with its industry peers.
VPG's Return On Invested Capital of 1.16% is in line compared to the rest of the industry. VPG outperforms 47.97% of its industry peers.
VPG had an Average Return On Invested Capital over the past 3 years of 5.39%. This is below the industry average of 9.53%.
The last Return On Invested Capital (1.16%) 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 | -0.27% | ||
| ROE | -0.39% | ||
| ROIC | 1.16% |
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
VPG's Profit Margin has declined in the last couple of years.
The Operating Margin of VPG (2.59%) is comparable to the rest of the industry.
VPG's Operating Margin has declined in the last couple of years.
VPG has a better Gross Margin (39.17%) than 67.48% 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 | 2.59% | ||
| PM (TTM) | N/A | ||
| GM | 39.17% |
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.
Compared to 1 year ago, VPG has less shares outstanding
The number of shares outstanding for VPG has been reduced compared to 5 years ago.
VPG has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.72 indicates that VPG is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.72, VPG is in line with its industry, outperforming 56.91% of the companies in the same industry.
The Debt to FCF ratio of VPG is 3.03, which is a good value as it means it would take VPG, 3.03 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.03, VPG is in the better half of the industry, outperforming 69.11% of the companies in the same industry.
A Debt/Equity ratio of 0.10 indicates that VPG is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.10, VPG is in line with its industry, outperforming 54.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 3.03 | ||
| Altman-Z | 3.72 |
ROIC/WACC0.13
WACC8.97%
2.3 Liquidity
VPG has a Current Ratio of 4.35. This indicates that VPG is financially healthy and has no problem in meeting its short term obligations.
With a decent Current ratio value of 4.35, VPG is doing good in the industry, outperforming 78.05% of the companies in the same industry.
A Quick Ratio of 2.87 indicates that VPG has no problem at all paying its short term obligations.
With a decent Quick ratio value of 2.87, VPG is doing good in the industry, outperforming 69.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.35 | ||
| Quick Ratio | 2.87 |
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.
VPG shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -13.67%.
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
VPG is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 20.85% yearly.
The Revenue is expected to grow by 2.63% on average over the next years.
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
The Price/Earnings ratio is 65.92, which means the current valuation is very expensive for VPG.
The rest of the industry has a similar Price/Earnings ratio as VPG.
VPG's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.06.
VPG is valuated quite expensively with a Price/Forward Earnings ratio of 29.35.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VPG is on the same level as its industry peers.
VPG is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 32.73, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 65.92 | ||
| Fwd PE | 29.35 |
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 69.11% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, VPG is valued a bit cheaper than the industry average as 65.04% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 42.04 | ||
| EV/EBITDA | 16.13 |
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 |
32.96
-0.15 (-0.45%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners96.19%
Inst Owner Change8.06%
Ins Owners3.27%
Ins Owner Change2.42%
Market Cap437.71M
Revenue(TTM)306.52M
Net Income(TTM)-1.28M
Analysts83.33
Price Target41.82 (26.88%)
Short Float %4.96%
Short Ratio5.51
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)-24.67%
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 | 65.92 | ||
| Fwd PE | 29.35 | ||
| P/S | 1.48 | ||
| P/FCF | 42.04 | ||
| P/OCF | 25.51 | ||
| P/B | 1.32 | ||
| P/tB | 1.8 | ||
| EV/EBITDA | 16.13 |
EPS(TTM)0.5
EY1.52%
EPS(NY)1.12
Fwd EY3.41%
FCF(TTM)0.78
FCFY2.38%
OCF(TTM)1.29
OCFY3.92%
SpS22.24
BVpS24.94
TBVpS18.35
PEG (NY)N/A
PEG (5Y)N/A
Graham Number16.75
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.27% | ||
| ROE | -0.39% | ||
| ROCE | 1.88% | ||
| ROIC | 1.16% | ||
| ROICexc | 1.49% | ||
| ROICexgc | 2.06% | ||
| OM | 2.59% | ||
| PM (TTM) | N/A | ||
| GM | 39.17% | ||
| FCFM | 3.53% |
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 Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 3.03 | ||
| Debt/EBITDA | 1.34 | ||
| Cap/Depr | 42.6% | ||
| Cap/Sales | 2.28% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 73.05% | ||
| Profit Quality | N/A | ||
| Current Ratio | 4.35 | ||
| Quick Ratio | 2.87 | ||
| Altman-Z | 3.72 |
F-Score4
WACC8.97%
ROIC/WACC0.13
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)-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-78.22%
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-55.01%
FCF growth 3Y-13.54%
FCF growth 5Y-11.6%
OCF growth 1Y-59.61%
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 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 65.92 and the Price/Book (PB) ratio is 1.32.