VPG

Vishay Precision GroupNYSE:VPG Stock Report

Market Cap

US$488.3m

7D

-1.5%

1Y

50.0%

Updated

22 Sep, 2021

Data

Company Financials +
VPG fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance1/6
Financial Health5/6
Dividends0/6

VPG Overview

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.

Vishay Precision Group Competitors

Siemens

XTRA:SIE

€119.5b

ABB

SWX:ABBN

CHF64.6b

Infineon Technologies

XTRA:IFX

€47.7b

STMicroelectronics

ENXTPA:STM

€36.9b

Price History & Performance

Summary of all time highs, changes and price drops for Vishay Precision Group
Historical stock prices
Current Share PriceUS$35.84
52 Week HighUS$23.61
52 Week LowUS$39.71
Beta1.45
1 Month Change-6.13%
3 Month Change4.61%
1 Year Change49.96%
3 Year Change-4.04%
5 Year Change125.55%
Change since IPO186.72%

Recent News & Updates

Shareholder Returns

VPGUS ElectronicUS Market
7D-1.5%-2.5%-1.7%
1Y50.0%52.9%36.2%

Return vs Industry: VPG exceeded the US Electronic industry which returned 47.1% over the past year.

Return vs Market: VPG exceeded the US Market which returned 31.5% over the past year.

Price Volatility

Is VPG's price volatile compared to industry and market?
VPG volatility
VPG Beta1.45
Industry Beta1.32
Market Beta1

Stable Share Price: VPG is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: VPG's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20092,300Ziv Shoshanihttps://vpgsensors.com

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. It operates through three segments: Foil Technology Products, Force Sensors, and Weighing and Control Systems. The company’s product portfolio includes foil resistors, foil strain gages, transducers, load cells, modules, data acquisition systems, and weighing and control systems, as well as sensors that convert mechanical inputs into an electronic signal for display, processing, interpretation, or control by its instrumentation and system products.

Vishay Precision Group Fundamentals Summary

How do Vishay Precision Group's earnings and revenue compare to its market cap?
VPG fundamental statistics
Market CapUS$488.34m
Earnings (TTM)US$14.60m
Revenue (TTM)US$288.90m

33.5x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VPG income statement (TTM)
RevenueUS$288.90m
Cost of RevenueUS$173.56m
Gross ProfitUS$115.34m
ExpensesUS$100.74m
EarningsUS$14.60m

Last Reported Earnings

Jul 03, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.07
Gross Margin39.92%
Net Profit Margin5.05%
Debt/Equity Ratio22.8%

How did VPG perform over the long term?

See historical performance and comparison

Valuation

Is Vishay Precision Group undervalued compared to its fair value and its price relative to the market?

24.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: VPG ($35.84) is trading below our estimate of fair value ($47.42)

Significantly Below Fair Value: VPG is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: VPG is poor value based on its PE Ratio (33.5x) compared to the US Electronic industry average (20.2x).

PE vs Market: VPG is poor value based on its PE Ratio (33.5x) compared to the US market (17.5x).


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 (1.8x) compared to the US Electronic industry average (2.6x).


Future Growth

How is Vishay Precision Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

38.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VPG's forecast earnings growth (38.9% per year) is above the savings rate (2%).

Earnings vs Market: VPG's earnings (38.9% per year) are forecast to grow faster than the US market (14.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: VPG's revenue (11.1% per year) is forecast to grow faster than the US market (9.8% per year).

High Growth Revenue: VPG's revenue (11.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if VPG's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Vishay Precision Group performed over the past 5 years?

21.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VPG has a large one-off loss of $6.1M impacting its July 3 2021 financial results.

Growing Profit Margin: VPG's current net profit margins (5.1%) are lower than last year (5.1%).


Past Earnings Growth Analysis

Earnings Trend: VPG has become profitable over the past 5 years, growing earnings by 21.1% per year.

Accelerating Growth: VPG's earnings growth over the past year (7.9%) is below its 5-year average (21.1% per year).

Earnings vs Industry: VPG earnings growth over the past year (7.9%) underperformed the Electronic industry 40.3%.


Return on Equity

High ROE: VPG's Return on Equity (5.6%) is considered low.


Financial Health

How is Vishay Precision Group's financial position?


Financial Position Analysis

Short Term Liabilities: VPG's short term assets ($218.5M) exceed its short term liabilities ($51.4M).

Long Term Liabilities: VPG's short term assets ($218.5M) exceed its long term liabilities ($122.9M).


Debt to Equity History and Analysis

Debt Level: VPG's debt to equity ratio (22.8%) is considered satisfactory.

Reducing Debt: VPG's debt to equity ratio has increased from 21.1% to 22.8% over the past 5 years.

Debt Coverage: VPG's debt is well covered by operating cash flow (51.1%).

Interest Coverage: VPG's interest payments on its debt are well covered by EBIT (28.5x coverage).


Balance Sheet


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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.8yrs

Average management tenure


CEO

Ziv Shoshani (54 yo)

11.17yrs

Tenure

US$2,240,175

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 ($USD2.24M) is above average for companies of similar size in the US market ($USD1.71M).

Compensation vs Earnings: Ziv's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: VPG's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: VPG's board of directors are seasoned and experienced ( 11.2 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 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$488.343m
  • Shares outstanding: 13.63m
  • Website: https://vpgsensors.com

Number of Employees


Location

  • Vishay Precision Group, Inc.
  • 3 Great Valley Parkway
  • Suite 150
  • Malvern
  • Pennsylvania
  • 19355
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/22 22:42
End of Day Share Price2021/09/22 00:00
Earnings2021/07/03
Annual Earnings2020/12/31


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.