VISHAY INTERTECHNOLOGY INC (VSH) Stock Fundamental Analysis
NYSE:VSH - New York Stock Exchange, Inc. - US9282981086 - Common Stock
Taking everything into account, VSH scores 4 out of 10 in our fundamental rating. VSH was compared to 126 industry peers in the Electronic Equipment, Instruments & Components industry. There are concerns on the financial health of VSH while its profitability can be described as average. VSH is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
VSH had positive earnings in the past year.
In the past year VSH had a positive cash flow from operations.
Each year in the past 5 years VSH has been profitable.
In the past 5 years VSH always reported a positive cash flow from operatings.
1.2 Ratios
VSH has a Return On Assets (2.05%) which is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 4.00%, VSH is in line with its industry, outperforming 56.20% of the companies in the same industry.
VSH's Return On Invested Capital of 3.67% is in line compared to the rest of the industry. VSH outperforms 57.02% of its industry peers.
VSH had an Average Return On Invested Capital over the past 3 years of 11.84%. This is above the industry average of 9.03%.
The last Return On Invested Capital (3.67%) for VSH is well below the 3 year average (11.84%), which needs to be investigated, but indicates that VSH had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.05% | ||
| ROE | 4% | ||
| ROIC | 3.67% |
ROA(3y)9.05%
ROA(5y)7.26%
ROE(3y)17.6%
ROE(5y)14.32%
ROIC(3y)11.84%
ROIC(5y)9.84%
1.3 Margins
VSH has a Profit Margin (2.88%) which is in line with its industry peers.
VSH's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 6.01%, VSH is in the better half of the industry, outperforming 68.59% of the companies in the same industry.
VSH's Operating Margin has declined in the last couple of years.
VSH has a Gross Margin of 22.77%. This is in the lower half of the industry: VSH underperforms 63.64% of its industry peers.
VSH's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.01% | ||
| PM (TTM) | 2.88% | ||
| GM | 22.77% |
OM growth 3Y18.75%
OM growth 5Y-2.22%
PM growth 3Y24.67%
PM growth 5Y-3.53%
GM growth 3Y6.91%
GM growth 5Y-0.44%
2. Health
2.1 Basic Checks
VSH has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for VSH remains at a similar level compared to 1 year ago.
Compared to 5 years ago, VSH has more shares outstanding
VSH has a worse debt/assets ratio than last year.
2.2 Solvency
VSH has an Altman-Z score of 2.22. This is not the best score and indicates that VSH is in the grey zone with still only limited risk for bankruptcy at the moment.
VSH has a Altman-Z score of 2.22. This is in the lower half of the industry: VSH underperforms 66.12% of its industry peers.
A Debt/Equity ratio of 0.38 indicates that VSH is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.38, VSH is not doing good in the industry: 65.29% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.22 |
ROIC/WACC0.39
WACC9.32%
2.3 Liquidity
VSH has a Current Ratio of 2.81. This indicates that VSH is financially healthy and has no problem in meeting its short term obligations.
VSH has a Current ratio (2.81) which is comparable to the rest of the industry.
A Quick Ratio of 1.85 indicates that VSH should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.85, VSH is in line with its industry, outperforming 56.20% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.81 | ||
| Quick Ratio | 1.85 |
3. Growth
3.1 Past
The earnings per share for VSH have decreased strongly by -69.57% in the last year.
VSH shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.85% yearly.
The Revenue for VSH has decreased by -13.36% in the past year. This is quite bad
The Revenue has been growing slightly by 2.31% on average over the past years.
EPS 1Y (TTM)-69.57%
EPS 3Y38.42%
EPS 5Y2.85%
EPS Q2Q%-86.67%
Revenue 1Y (TTM)-13.36%
Revenue growth 3Y10.79%
Revenue growth 5Y2.31%
Sales Q2Q%-13.86%
3.2 Future
Based on estimates for the next years, VSH will show a decrease in Earnings Per Share. The EPS will decrease by -9.34% on average per year.
Based on estimates for the next years, VSH will show a small growth in Revenue. The Revenue will grow by 0.95% on average per year.
EPS Next Y-75.16%
EPS Next 2Y-28.94%
EPS Next 3Y-9.34%
EPS Next 5YN/A
Revenue Next Year-13.5%
Revenue Next 2Y-4.87%
Revenue Next 3Y0.95%
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 decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 19.64, VSH is valued on the expensive side.
79.34% of the companies in the same industry are more expensive than VSH, based on the Price/Earnings ratio.
VSH is valuated rather cheaply when we compare the Price/Earnings ratio to 27.96, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 13.39, the valuation of VSH can be described as correct.
88.43% of the companies in the same industry are more expensive than VSH, based on the Price/Forward Earnings ratio.
VSH's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.11.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.64 | ||
| Fwd PE | 13.39 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, VSH is valued cheaply inside the industry as 94.21% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 6.19 |
4.3 Compensation for Growth
A cheap valuation may be justified as VSH's earnings are expected to decrease with -9.34% in the coming years.
PEG (NY)N/A
PEG (5Y)6.89
EPS Next 2Y-28.94%
EPS Next 3Y-9.34%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.42%, VSH has a reasonable but not impressive dividend return.
VSH's Dividend Yield is rather good when compared to the industry average which is at 1.88. VSH pays more dividend than 95.87% of the companies in the same industry.
VSH's Dividend Yield is comparable with the S&P500 average which is at 2.29.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.42% |
5.2 History
The dividend of VSH has a limited annual growth rate of 3.50%.
VSH has paid a dividend for at least 10 years, which is a reliable track record.
VSH has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)3.5%
Div Incr Years0
Div Non Decr Years10
5.3 Sustainability
VSH pays out 63.36% of its income as dividend. This is not a sustainable payout ratio.
VSH's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP63.36%
EPS Next 2Y-28.94%
EPS Next 3Y-9.34%
VISHAY INTERTECHNOLOGY INC
NYSE:VSH (1/17/2025, 8:04:00 PM)
After market: 16.765 +0.27 (+1.61%)16.5
-0.01 (-0.06%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners107.61%
Inst Owner Change-0.04%
Ins Owners0.37%
Ins Owner Change-0.48%
Market Cap2.24B
Analysts77.78
Price Target20.74 (25.7%)
Short Float %11.09%
Short Ratio5.7
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.42% |
Yearly Dividend0.38
Dividend Growth(5Y)3.5%
DP63.36%
Div Incr Years0
Div Non Decr Years10
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-18.07%
Min EPS beat(2)-44.74%
Max EPS beat(2)8.59%
EPS beat(4)3
Avg EPS beat(4)-8.51%
Min EPS beat(4)-44.74%
Max EPS beat(4)8.59%
EPS beat(8)6
Avg EPS beat(8)0.7%
EPS beat(12)9
Avg EPS beat(12)4.82%
EPS beat(16)11
Avg EPS beat(16)3.6%
Revenue beat(2)0
Avg Revenue beat(2)-2.76%
Min Revenue beat(2)-2.77%
Max Revenue beat(2)-2.76%
Revenue beat(4)1
Avg Revenue beat(4)-1.59%
Min Revenue beat(4)-2.77%
Max Revenue beat(4)0.4%
Revenue beat(8)3
Avg Revenue beat(8)-1.28%
Revenue beat(12)7
Avg Revenue beat(12)-0.58%
Revenue beat(16)9
Avg Revenue beat(16)-0.62%
PT rev (1m)-3.17%
PT rev (3m)-7.58%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-51.65%
EPS NY rev (1m)0%
EPS NY rev (3m)-18.09%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-8.63%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.64 | ||
| Fwd PE | 13.39 | ||
| P/S | 0.75 | ||
| P/FCF | N/A | ||
| P/OCF | 19.96 | ||
| P/B | 1.03 | ||
| P/tB | 1.23 | ||
| EV/EBITDA | 6.19 |
EPS(TTM)0.84
EY5.09%
EPS(NY)1.23
Fwd EY7.47%
FCF(TTM)-1.53
FCFYN/A
OCF(TTM)0.83
OCFY5.01%
SpS22.14
BVpS15.96
TBVpS13.46
PEG (NY)N/A
PEG (5Y)6.89
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.05% | ||
| ROE | 4% | ||
| ROCE | 5.16% | ||
| ROIC | 3.67% | ||
| ROICexc | 4.51% | ||
| ROICexgc | 5.12% | ||
| OM | 6.01% | ||
| PM (TTM) | 2.88% | ||
| GM | 22.77% | ||
| FCFM | N/A |
ROA(3y)9.05%
ROA(5y)7.26%
ROE(3y)17.6%
ROE(5y)14.32%
ROIC(3y)11.84%
ROIC(5y)9.84%
ROICexc(3y)16.92%
ROICexc(5y)14.09%
ROICexgc(3y)19.21%
ROICexgc(5y)16.01%
ROCE(3y)16.65%
ROCE(5y)13.84%
ROICexcg growth 3Y16.88%
ROICexcg growth 5Y-8.07%
ROICexc growth 3Y17.6%
ROICexc growth 5Y-7.7%
OM growth 3Y18.75%
OM growth 5Y-2.22%
PM growth 3Y24.67%
PM growth 5Y-3.53%
GM growth 3Y6.91%
GM growth 5Y-0.44%
F-Score4
Asset Turnover0.71
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.12 | ||
| Cap/Depr | 155.79% | ||
| Cap/Sales | 10.65% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 29.06% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.81 | ||
| Quick Ratio | 1.85 | ||
| Altman-Z | 2.22 |
F-Score4
WACC9.32%
ROIC/WACC0.39
Cap/Depr(3y)169.26%
Cap/Depr(5y)135.47%
Cap/Sales(3y)8.57%
Cap/Sales(5y)7.31%
Profit Quality(3y)42.8%
Profit Quality(5y)73.87%
High Growth Momentum
Growth
EPS 1Y (TTM)-69.57%
EPS 3Y38.42%
EPS 5Y2.85%
EPS Q2Q%-86.67%
EPS Next Y-75.16%
EPS Next 2Y-28.94%
EPS Next 3Y-9.34%
EPS Next 5YN/A
Revenue 1Y (TTM)-13.36%
Revenue growth 3Y10.79%
Revenue growth 5Y2.31%
Sales Q2Q%-13.86%
Revenue Next Year-13.5%
Revenue Next 2Y-4.87%
Revenue Next 3Y0.95%
Revenue Next 5YN/A
EBIT growth 1Y-66.75%
EBIT growth 3Y31.56%
EBIT growth 5Y0.04%
EBIT Next Year-35.73%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-208.4%
FCF growth 3Y-42.54%
FCF growth 5Y4.88%
OCF growth 1Y-75.82%
OCF growth 3Y5.11%
OCF growth 5Y7.18%