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VSH

Vishay IntertechnologyNYSE:VSH Stock Report

Market Cap

US$2.9b

7D

-2.4%

1Y

35.8%

Updated

23 Sep, 2021

Data

Company Financials +
VSH fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance5/6
Financial Health5/6
Dividends3/6

VSH Overview

Vishay Intertechnology, Inc. manufactures and supplies discrete semiconductors and passive electronic components in Asia, Europe, and the Americas.

Vishay Intertechnology Competitors

Littelfuse

NasdaqGS:LFUS

US$6.7b

Bel Fuse

NasdaqGS:BELF.A

US$156.4m

Taiwan Semiconductor Manufacturing

TWSE:2330

NT$15.2t

Broadcom

NasdaqGS:AVGO

US$206.1b

Price History & Performance

Summary of all time highs, changes and price drops for Vishay Intertechnology
Historical stock prices
Current Share PriceUS$20.52
52 Week HighUS$14.84
52 Week LowUS$26.50
Beta1.41
1 Month Change-6.43%
3 Month Change-6.60%
1 Year Change35.80%
3 Year Change1.33%
5 Year Change47.63%
Change since IPO597.08%

Recent News & Updates

Shareholder Returns

VSHUS ElectronicUS Market
7D-2.4%-2.5%-1.7%
1Y35.8%52.9%36.2%

Return vs Industry: VSH underperformed the US Electronic industry which returned 52.9% over the past year.

Return vs Market: VSH matched the US Market which returned 36.2% over the past year.

Price Volatility

Is VSH's price volatile compared to industry and market?
VSH volatility
VSH Beta1.41
Industry Beta1.32
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
196221,600Gerald Paulhttps://www.vishay.com

Vishay Intertechnology, Inc. manufactures and supplies discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. The company operates through six segments: Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors. It offers semiconductor components, such as low- and medium-voltage TrenchFET MOSFETs, high-voltage planar MOSFETs, high voltage super junction MOSFETs, power integrated circuits, and integrated function power devices; rectifiers, small signal diodes, protection diodes, thyristors or silicon-controlled rectifiers, and power modules; and standard and customer specific optoelectronic components, such as infrared (IR) emitters and detectors, IR remote control receivers, optocouplers, solid-state relays, optical sensors, light-emitting diodes, 7-segment displays, and IR data transceiver modules.

Vishay Intertechnology Fundamentals Summary

How do Vishay Intertechnology's earnings and revenue compare to its market cap?
VSH fundamental statistics
Market CapUS$2.93b
Earnings (TTM)US$235.68m
Revenue (TTM)US$2.89b

12.6x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VSH income statement (TTM)
RevenueUS$2.89b
Cost of RevenueUS$2.15b
Gross ProfitUS$736.72m
ExpensesUS$501.05m
EarningsUS$235.68m

Last Reported Earnings

Jul 03, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.63
Gross Margin25.48%
Net Profit Margin8.15%
Debt/Equity Ratio27.4%

How did VSH perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

23%

Payout Ratio

Valuation

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

49.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: VSH ($20.52) is trading below our estimate of fair value ($40.8)

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


Price To Earnings Ratio

PE vs Industry: VSH is good value based on its PE Ratio (12.6x) compared to the US Electronic industry average (20.8x).

PE vs Market: VSH is good value based on its PE Ratio (12.6x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

PEG Ratio: VSH is poor value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: VSH is good value based on its PB Ratio (1.8x) compared to the US Electronic industry average (2.6x).


Future Growth

How is Vishay Intertechnology forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

12.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VSH's forecast earnings growth (12.3% per year) is above the savings rate (2%).

Earnings vs Market: VSH's earnings (12.3% per year) are forecast to grow slower than the US market (14.9% per year).

High Growth Earnings: VSH's earnings are forecast to grow, but not significantly.

Revenue vs Market: VSH's revenue (5% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: VSH's revenue (5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: VSH's Return on Equity is forecast to be low in 3 years time (16.6%).


Past Performance

How has Vishay Intertechnology performed over the past 5 years?

32.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VSH has high quality earnings.

Growing Profit Margin: VSH's current net profit margins (8.2%) are higher than last year (3.9%).


Past Earnings Growth Analysis

Earnings Trend: VSH has become profitable over the past 5 years, growing earnings by 32.7% per year.

Accelerating Growth: VSH's earnings growth over the past year (145.3%) exceeds its 5-year average (32.7% per year).

Earnings vs Industry: VSH earnings growth over the past year (145.3%) exceeded the Electronic industry 40.3%.


Return on Equity

High ROE: VSH's Return on Equity (14.3%) is considered low.


Financial Health

How is Vishay Intertechnology's financial position?


Financial Position Analysis

Short Term Liabilities: VSH's short term assets ($1.9B) exceed its short term liabilities ($639.1M).

Long Term Liabilities: VSH's short term assets ($1.9B) exceed its long term liabilities ($1.1B).


Debt to Equity History and Analysis

Debt Level: VSH's debt to equity ratio (27.4%) is considered satisfactory.

Reducing Debt: VSH's debt to equity ratio has increased from 20% to 27.4% over the past 5 years.

Debt Coverage: VSH's debt is well covered by operating cash flow (80.3%).

Interest Coverage: VSH's interest payments on its debt are well covered by EBIT (15.1x coverage).


Balance Sheet


Dividend

What is Vishay Intertechnology current dividend yield, its reliability and sustainability?

1.85%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: VSH's dividend (1.85%) is higher than the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: VSH's dividend (1.85%) is low compared to the top 25% of dividend payers in the US market (3.63%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, VSH has been paying a dividend for less than 10 years.

Growing Dividend: VSH's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (23.4%), VSH's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: VSH's dividends in 3 years are forecast to be well covered by earnings (15.6% payout ratio).


Next Steps

Management

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

10.0yrs

Average management tenure


CEO

Gerald Paul (72 yo)

16.67yrs

Tenure

US$5,322,814

Compensation

Dr. Gerald Paul serves as the Chief Executive Officer, President, and Chief Operating Officer at Vishay Semiconductor GmbH. Dr. Paul has been the Chief Executive Officer of Vishay Intertechnology Inc. sinc...


CEO Compensation Analysis

Compensation vs Market: Gerald's total compensation ($USD5.32M) is about average for companies of similar size in the US market ($USD5.28M).

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


Leadership Team

Experienced Management: VSH's management team is seasoned and experienced (10 years average tenure).


Board Members

Experienced Board: VSH's board of directors are seasoned and experienced ( 13.8 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 Intertechnology, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Vishay Intertechnology, Inc.
  • Ticker: VSH
  • Exchange: NYSE
  • Founded: 1962
  • Industry: Electronic Components
  • Sector: Tech
  • Market Cap: US$2.925b
  • Shares outstanding: 144.81m
  • Website: https://www.vishay.com

Number of Employees


Location

  • Vishay Intertechnology, Inc.
  • 63 Lancaster Avenue
  • Malvern
  • Pennsylvania
  • 19355-2143
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 22:56
End of Day Share Price2021/09/23 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.