Vishay Precision Group
Market Cap
US$405.9m
Last Updated
2020/11/25 23:52 UTC
Data Sources
Company Financials +
Executive Summary
Vishay Precision Group, Inc. designs, manufactures, and markets sensors, sensor-based measurement systems, specialty resistors, and strain gages in the United States, Israel, the United Kingdom, rest of Europe, Asia, and Canada. More Details
Rewards
Risk Analysis
No risks detected for VPG from our risk checks.
Snowflake Analysis
Excellent balance sheet with moderate growth potential.
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Share Price & News
How has Vishay Precision Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VPG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: VPG's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
3.8%
VPG
3.8%
US Electronic
2.8%
US Market
1 Year Return
-15.0%
VPG
18.2%
US Electronic
19.7%
US Market
Return vs Industry: VPG underperformed the US Electronic industry which returned 18.2% over the past year.
Return vs Market: VPG underperformed the US Market which returned 19.7% over the past year.
Shareholder returns
| VPG | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.8% | 3.8% | 2.8% |
| 30 Day | 15.6% | 13.3% | 8.0% |
| 90 Day | 19.4% | 20.8% | 6.8% |
| 1 Year | -15.0%-15.0% | 19.4%18.2% | 22.4%19.7% |
| 3 Year | 9.1%9.1% | 31.7%27.9% | 47.3%37.5% |
| 5 Year | 135.0%135.0% | 108.3%98.3% | 93.6%72.3% |
Long-Term Price Volatility Vs. Market
How volatile is Vishay Precision Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Is Vishay Precision Group's (NYSE:VPG) 104% Share Price Increase Well Justified?1 month ago | Simply Wall St
What We Learned About Vishay Precision Group's (NYSE:VPG) CEO Pay1 month ago | Simply Wall St
Is It Time To Consider Buying Vishay Precision Group, Inc. (NYSE:VPG)?Valuation
Is Vishay Precision Group undervalued compared to its fair value and its price relative to the market?
27.6x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: VPG ($29.61) is trading above our estimate of fair value ($18.94)
Significantly Below Fair Value: VPG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: VPG is poor value based on its PE Ratio (27.6x) compared to the US Electronic industry average (25.7x).
PE vs Market: VPG is poor value based on its PE Ratio (27.6x) compared to the US market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: VPG is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: VPG is good value based on its PB Ratio (1.6x) compared to the US Electronic industry average (2.3x).
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Future Growth
How is Vishay Precision Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
29.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VPG's forecast earnings growth (29.9% per year) is above the savings rate (2.2%).
Earnings vs Market: VPG's earnings (29.9% per year) are forecast to grow faster than the US market (22% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: VPG's revenue (8.3% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: VPG's revenue (8.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VPG's Return on Equity is forecast to be low in 3 years time (11.4%).
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Past Performance
How has Vishay Precision Group performed over the past 5 years?
44.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VPG has high quality earnings.
Growing Profit Margin: VPG's current net profit margins (5.5%) are lower than last year (7.5%).
Past Earnings Growth Analysis
Earnings Trend: VPG has become profitable over the past 5 years, growing earnings by 44.3% per year.
Accelerating Growth: VPG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: VPG had negative earnings growth (-33.2%) over the past year, making it difficult to compare to the Electronic industry average (-16.2%).
Return on Equity
High ROE: VPG's Return on Equity (5.8%) is considered low.
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Financial Health
How is Vishay Precision Group's financial position?
Financial Position Analysis
Short Term Liabilities: VPG's short term assets ($216.8M) exceed its short term liabilities ($46.9M).
Long Term Liabilities: VPG's short term assets ($216.8M) exceed its long term liabilities ($93.2M).
Debt to Equity History and Analysis
Debt Level: VPG's debt to equity ratio (16.1%) is considered satisfactory.
Reducing Debt: VPG's debt to equity ratio has increased from 10.3% to 16.1% over the past 5 years.
Debt Coverage: VPG's debt is well covered by operating cash flow (71.7%).
Interest Coverage: VPG's interest payments on its debt are well covered by EBIT (19.5x coverage).
Balance Sheet
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Dividend
What is Vishay Precision Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VPG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate VPG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if VPG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VPG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of VPG's dividend in 3 years as they are not forecast to pay a notable one for the US market.
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Management
How experienced are the management team and are they aligned to shareholders interests?
10.3yrs
Average board tenure
CEO
Ziv Shoshani (53 yo)
10.33yrs
Tenure
US$2,621,444
Compensation
Mr. Ziv Shoshani serves as Chief Executive Officer, President and a member of the Board of Directors of Vishay Precision Group, Inc., an independent, publicly-traded company spun-off from Vishay Intertechn...
CEO Compensation Analysis
Compensation vs Market: Ziv's total compensation ($USD2.62M) is above average for companies of similar size in the US market ($USD1.79M).
Compensation vs Earnings: Ziv's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 10.33yrs | US$2.62m | 1.22% $ 5.0m | |
| Independent Director | 4.58yrs | US$100.87k | 0.064% $ 258.0k | |
| Non-Executive Chairman | 10.33yrs | US$130.87k | 4.58% $ 18.6m | |
| Independent Director | 10.83yrs | US$100.87k | 0.11% $ 426.7k | |
| Independent Director | 3.33yrs | US$90.87k | 0.010% $ 41.1k | |
| Independent Director | 10.83yrs | US$105.87k | 0.094% $ 379.7k | |
| Independent Director | 3.33yrs | US$90.87k | 0.043% $ 173.0k |
10.3yrs
Average Tenure
58yo
Average Age
Experienced Board: VPG's board of directors are seasoned and experienced ( 10.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Vishay Precision Group, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Vishay Precision Group, Inc.
- Ticker: VPG
- Exchange: NYSE
- Founded: 2009
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: US$405.902m
- Shares outstanding: 13.58m
- Website: https://vpgsensors.com
Number of Employees
Location
- Vishay Precision Group, Inc.
- 3 Great Valley Parkway
- Suite 150
- Malvern
- Pennsylvania
- 19355
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| VPG | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jun 2010 |
Biography
Vishay Precision Group, Inc. designs, manufactures, and markets sensors, sensor-based measurement systems, specialty resistors, and strain gages in the United States, Israel, the United Kingdom, rest of Eu...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/25 23:52 |
| End of Day Share Price | 2020/11/25 00:00 |
| Earnings | 2020/09/26 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.