VISHAY PRECISION GROUP (VPG) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:VPG - US92835K1034 - Common Stock
38.99 USD
+0.65 (+1.7%)
38.99 USD
0 (0%)
VPG gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 125 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.
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
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.
VPG has a Return On Invested Capital (1.32%) which 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 9.26%.
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
VPG has a Profit Margin (2.65%) which 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 (2.86%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of VPG has declined.
Looking at the Gross Margin, with a value of 39.27%, VPG is in the better half of the industry, outperforming 67.20% of the companies in the same industry.
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
Compared to 5 years ago, VPG has less shares outstanding
Compared to 1 year ago, VPG has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.30 indicates that VPG is not in any danger for bankruptcy at the moment.
VPG has a Altman-Z score of 4.30. This is in the better half of the industry: VPG outperforms 64.00% of its industry peers.
VPG has a debt to FCF ratio of 2.10. This is a good value and a sign of high solvency as VPG would need 2.10 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 2.10, VPG is doing good in the industry, outperforming 76.00% 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 | 4.3 |
ROIC/WACC0.15
WACC8.75%
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 has a Current ratio of 4.10. This is in the better half of the industry: VPG outperforms 75.20% 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.
The Quick ratio of VPG (2.71) is better than 67.20% of its industry peers.
| 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.
Looking at the last year, VPG shows a decrease in Revenue. The Revenue has decreased by -7.46% in the last year.
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)-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 20.85% on average per year.
VPG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.25% yearly.
EPS Next Y-31.85%
EPS Next 2Y8.56%
EPS Next 3Y20.85%
EPS Next 5YN/A
Revenue Next Year-0.85%
Revenue Next 2Y2.01%
Revenue Next 3Y3.25%
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
VPG is valuated quite expensively with a Price/Earnings ratio of 77.98.
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 26.76, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 34.83 indicates a quite expensive valuation of VPG.
The rest of the industry has a similar Price/Forward Earnings ratio as VPG.
The average S&P500 Price/Forward Earnings ratio is at 23.96. VPG is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 77.98 | ||
| Fwd PE | 34.83 |
4.2 Price Multiples
VPG's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. VPG is cheaper than 61.60% of the companies 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 | 52.78 | ||
| EV/EBITDA | 18.5 |
4.3 Compensation for Growth
VPG's earnings are expected to grow with 20.85% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y8.56%
EPS Next 3Y20.85%
5. Dividend
5.1 Amount
VPG does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
38.99
+0.65 (+1.7%)
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 Cap517.79M
Revenue(TTM)299.28M
Net Income(TTM)7.93M
Analysts83.33
Price Target41.82 (7.26%)
Short Float %5.05%
Short Ratio4.81
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)0%
PT rev (3m)22.39%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-10.22%
EPS NY rev (1m)-1.16%
EPS NY rev (3m)12.75%
Revenue NQ rev (1m)-0.96%
Revenue NQ rev (3m)-0.94%
Revenue NY rev (1m)1.04%
Revenue NY rev (3m)1.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 77.98 | ||
| Fwd PE | 34.83 | ||
| P/S | 1.73 | ||
| P/FCF | 52.78 | ||
| P/OCF | 30.54 | ||
| P/B | 1.53 | ||
| P/tB | 2.06 | ||
| EV/EBITDA | 18.5 |
EPS(TTM)0.5
EY1.28%
EPS(NY)1.12
Fwd EY2.87%
FCF(TTM)0.74
FCFY1.89%
OCF(TTM)1.28
OCFY3.27%
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 | 4.3 |
F-Score4
WACC8.75%
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-31.85%
EPS Next 2Y8.56%
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-0.85%
Revenue Next 2Y2.01%
Revenue Next 3Y3.25%
Revenue Next 5YN/A
EBIT growth 1Y-71.16%
EBIT growth 3Y-15.52%
EBIT growth 5Y-10.79%
EBIT Next Year48.28%
EBIT Next 3Y33.06%
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 77.98 and the Price/Book (PB) ratio is 1.53.