NYSE:VPG

Stock Analysis Report

Vishay Precision Group

Executive Summary

Vishay Precision Group, Inc. designs, manufactures, and markets sensors, sensor-based measurement systems, specialty resistors, and strain gages in Asia, the United States, Israel, Europe, the United Kingdom, and Canada.

Snowflake

Fundamentals

Flawless balance sheet and fair value.

Risks

  • Vishay Precision Group is covered by less than 3 analysts.

Similar Companies

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


Market Performance


7 Day Return

0.03%

VPG

-2.3%

US Electronic

-0.6%

US Market


1 Year Return

-8.2%

VPG

-2.8%

US Electronic

0.7%

US Market

VPG underperformed the Electronic industry which returned -2.9% over the past year.

VPG underperformed the Market in United States of America which returned 0.7% over the past year.


Share holder returns

VPGIndustryMarket
7 Day0.03%-2.3%-0.6%
30 Day17.7%7.8%4.9%
90 Day-7.7%0.7%1.7%
1 Year-8.2%-8.2%-1.8%-2.8%3.0%0.7%
3 Year121.5%121.5%49.7%45.5%44.8%35.4%
5 Year129.0%129.0%70.0%61.5%62.0%44.3%

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

2 weeks ago | Simply Wall St

With 16% Earnings Growth, Did Vishay Precision Group, Inc. (NYSE:VPG) Outperform The Industry? Did Vishay Precision Group, Inc.'s (NYSE:VPG) Recent Earnings Growth Beat The Trend?

Valuation

Is Vishay Precision Group undervalued based on future cash flows and its price relative to the stock market?

18.99x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Vishay Precision Group's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Vishay Precision Group's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Vishay Precision Group is good value based on earnings compared to the US Electronic industry average.

Vishay Precision Group is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Vishay Precision Group is good value based on expected growth next year.


Price Based on Value of Assets

Vishay Precision Group is good value based on assets compared to the US Electronic industry average.


Next Steps

Future Growth

How is Vishay Precision Group expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

19.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Vishay Precision Group's revenue is expected to grow by 2.4% yearly, however this is not considered high growth (20% yearly).

Vishay Precision Group's earnings are expected to grow by 19% yearly, however this is not considered high growth (20% yearly).

Vishay Precision Group's revenue growth is positive but not above the United States of America market average.

Vishay Precision Group's earnings growth is expected to exceed the United States of America market average.

Vishay Precision Group's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Vishay Precision Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

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

46.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Vishay Precision Group has delivered over 20% year on year earnings growth in the past 5 years.

Vishay Precision Group's 1-year earnings growth is less than its 5-year average (15.9% vs 46.6%)

Vishay Precision Group's earnings growth has not exceeded the US Electronic industry average in the past year (15.9% vs 49.8%).


Return on Equity

Vishay Precision Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Vishay Precision Group used its assets more efficiently than the US Electronic industry average last year based on Return on Assets.


Return on Capital Employed

Vishay Precision Group has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Vishay Precision Group's financial position?


Financial Position Analysis

Vishay Precision Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Vishay Precision Group's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Vishay Precision Group's level of debt (10.6%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (11.9% vs 10.6% today).

Debt is well covered by operating cash flow (181.6%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 42.5x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 8.9x debt.


Next Steps

Dividend

What is Vishay Precision Group's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Vishay Precision Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Vishay Precision Group's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Vishay Precision Group has not reported any payouts.

Unable to verify if Vishay Precision Group's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Vishay Precision Group has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Vishay Precision Group's salary, the management and board of directors tenure and is there insider trading?

9.2yrs

Average board tenure


CEO

Ziv Shoshani (52yo)

9.2yrs

Tenure

US$2,865,996

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

Ziv's remuneration is higher than average for companies of similar size in United States of America.

Ziv's compensation has increased by more than 20% in the past year whilst earnings grew less than 20%.


Board Age and Tenure

9.2yrs

Average Tenure

57yo

Average Age

The tenure for the Vishay Precision Group board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$54,15031 May 19
Saul Reibstein
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,500
Max PriceUS$36.10
SellUS$80,00016 May 19
Timothy Talbert
EntityIndividual
Role
Member of the Board of Directors
Director
Shares2,000
Max PriceUS$40.00

Ownership Breakdown


Management Team

  • Ziv Shoshani (52yo)

    CEO, President & Director

    • Tenure: 9.2yrs
    • Compensation: US$2.87m
  • Steven Klausner (61yo)

    VP & Treasurer

    • Tenure: 0yrs
  • William Clancy (56yo)

    Executive VP

    • Tenure: 0yrs
    • Compensation: US$968.25k
  • Dubi Zandman (67yo)

    Vice President of Weighing & Control Systems

    • Tenure: 0yrs
  • Rafi Uzan (53yo)

    Vice President of Force Sensors

    • Tenure: 0yrs
  • Yaron Kadim (54yo)

    Vice President of VPG Foil Resistors

    • Tenure: 0yrs
  • Amir Tal

    Senior Vice President of Finance

    • Tenure: 0yrs
  • Benny Shaya

    Vice President of Micro-Measurements Instruments & Pacific Instruments

    • Tenure: 0yrs
  • Gilad Yaron

    Vice President of Advanced Sensors

    • Tenure: 0yrs
  • Reynee Tung

    Director of Global Marketing Communications

    • Tenure: 0yrs

Board Members

  • Janet Clarke (66yo)

    Independent Director

    • Tenure: 3.4yrs
    • Compensation: US$100.76k
  • Ziv Shoshani (52yo)

    CEO, President & Director

    • Tenure: 9.2yrs
    • Compensation: US$2.87m
  • Marc Zandman (57yo)

    Non-Executive Chairman

    • Tenure: 9.2yrs
    • Compensation: US$130.76k
  • Tim Talbert (72yo)

    Director

    • Tenure: 9.7yrs
    • Compensation: US$100.76k
  • Wes Cummins (41yo)

    Independent Director

    • Tenure: 2.2yrs
    • Compensation: US$90.76k
  • Saul Reibstein (71yo)

    Director

    • Tenure: 9.7yrs
    • Compensation: US$105.76k
  • Bruce Lerner (53yo)

    Independent Director

    • Tenure: 2.2yrs
    • Compensation: US$90.76k

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$471.679m
  • Shares outstanding: 13.52m
  • Website: https://vpgsensors.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VPGNYSE (New York Stock Exchange)YesCommon StockUSUSDJun 2010

Biography

Vishay Precision Group, Inc. designs, manufactures, and markets sensors, sensor-based measurement systems, specialty resistors, and strain gages in Asia, the United States, Israel, Europe, the United Kingd ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/23 00:17
End of Day Share Price2019/09/20 00:00
Earnings2019/06/29
Annual Earnings2018/12/31


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.