VISHAY INTERTECHNOLOGY INC (VSH) Stock Fundamental Analysis
USA - NYSE:VSH - US9282981086 - Common Stock
16.63 USD
-0.59 (-3.43%)
16.5 USD
-0.13 (-0.78%)
VSH gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 123 industry peers in the Electronic Equipment, Instruments & Components industry. Both the profitability and the financial health of VSH get a neutral evaluation. Nothing too spectacular is happening here. VSH is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year VSH was profitable.
VSH had a positive operating cash flow in the past year.
Of the past 5 years VSH 4 years were profitable.
In the past 5 years VSH always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of -2.08%, VSH is in line with its industry, outperforming 44.72% of the companies in the same industry.
Looking at the Return On Equity, with a value of -4.19%, VSH is in line with its industry, outperforming 46.34% of the companies in the same industry.
VSH has a Return On Invested Capital (1.09%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for VSH is in line with the industry average of 9.33%.
The 3 year average ROIC (8.55%) for VSH is well above the current ROIC(1.09%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.08% | ||
| ROE | -4.19% | ||
| ROIC | 1.09% |
ROA(3y)5.99%
ROA(5y)6.06%
ROE(3y)11.39%
ROE(5y)11.81%
ROIC(3y)8.55%
ROIC(5y)8.57%
1.3 Margins
VSH has a Operating Margin of 1.88%. This is comparable to the rest of the industry: VSH outperforms 50.41% of its industry peers.
VSH's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 19.72%, VSH is not doing good in the industry: 68.29% of the companies in the same industry are doing better.
VSH's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.88% | ||
| PM (TTM) | N/A | ||
| GM | 19.72% |
OM growth 3Y-35.7%
OM growth 5Y-18.6%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-8.02%
GM growth 5Y-3.25%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so VSH is still creating some value.
The number of shares outstanding for VSH has been reduced compared to 1 year ago.
Compared to 5 years ago, VSH has less shares outstanding
VSH has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.04 indicates that VSH is not a great score, but indicates only limited risk for bankruptcy at the moment.
VSH's Altman-Z score of 2.04 is on the low side compared to the rest of the industry. VSH is outperformed by 69.92% of its industry peers.
A Debt/Equity ratio of 0.44 indicates that VSH is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.44, VSH is not doing good in the industry: 65.85% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.04 |
ROIC/WACC0.14
WACC8.05%
2.3 Liquidity
VSH has a Current Ratio of 2.70. This indicates that VSH is financially healthy and has no problem in meeting its short term obligations.
VSH's Current ratio of 2.70 is in line compared to the rest of the industry. VSH outperforms 58.54% of its industry peers.
VSH has a Quick Ratio of 1.64. This is a normal value and indicates that VSH is financially healthy and should not expect problems in meeting its short term obligations.
VSH has a Quick ratio of 1.64. This is comparable to the rest of the industry: VSH outperforms 47.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.7 | ||
| Quick Ratio | 1.64 |
3. Growth
3.1 Past
The earnings per share for VSH have decreased strongly by -95.59% in the last year.
Measured over the past years, VSH shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -17.90% on average per year.
The Revenue has decreased by -6.36% in the past year.
Measured over the past years, VSH shows a small growth in Revenue. The Revenue has been growing by 1.94% on average per year.
EPS 1Y (TTM)-95.59%
EPS 3Y-41.27%
EPS 5Y-17.9%
EPS Q2Q%-94.12%
Revenue 1Y (TTM)-6.36%
Revenue growth 3Y-3.22%
Revenue growth 5Y1.94%
Sales Q2Q%2.83%
3.2 Future
The Earnings Per Share is expected to grow by 50.93% on average over the next years. This is a very strong growth
VSH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.11% yearly.
EPS Next Y-56.31%
EPS Next 2Y50.93%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year3.23%
Revenue Next 2Y5.11%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 277.17, VSH can be considered very expensive at the moment.
VSH's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.57, VSH is valued quite expensively.
With a Price/Forward Earnings ratio of 15.53, VSH is valued correctly.
VSH's Price/Forward Earnings ratio is rather cheap when compared to the industry. VSH is cheaper than 86.18% of the companies in the same industry.
VSH is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.09, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 277.17 | ||
| Fwd PE | 15.53 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of VSH indicates a rather cheap valuation: VSH is cheaper than 85.37% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.1 |
4.3 Compensation for Growth
VSH's earnings are expected to grow with 50.93% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y50.93%
EPS Next 3YN/A
5. Dividend
5.1 Amount
VSH has a Yearly Dividend Yield of 2.36%.
Compared to an average industry Dividend Yield of 2.05, VSH pays a better dividend. On top of this VSH pays more dividend than 95.94% of the companies listed in the same industry.
VSH's Dividend Yield is comparable with the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.36% |
5.2 History
The dividend of VSH has a limited annual growth rate of 1.00%.
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)1%
Div Incr Years0
Div Non Decr Years10
5.3 Sustainability
VSH has negative earnings and hence a negative payout ratio. The dividend may be in danger.
The dividend of VSH is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-61.96%
EPS Next 2Y50.93%
EPS Next 3YN/A
16.63
-0.59 (-3.43%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners107.33%
Inst Owner Change-0.96%
Ins Owners0.36%
Ins Owner Change1.82%
Market Cap2.25B
Revenue(TTM)2.93B
Net Income(TTM)-87695000
Analysts75
Price Target14.28 (-14.13%)
Short Float %7.21%
Short Ratio5.3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.36% |
Yearly Dividend0.39
Dividend Growth(5Y)1%
DP-61.96%
Div Incr Years0
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-123.76%
Min EPS beat(2)-197.03%
Max EPS beat(2)-50.49%
EPS beat(4)0
Avg EPS beat(4)-98.07%
Min EPS beat(4)-197.03%
Max EPS beat(4)-44.74%
EPS beat(8)4
Avg EPS beat(8)-47.04%
EPS beat(12)7
Avg EPS beat(12)-28.04%
EPS beat(16)9
Avg EPS beat(16)-18.36%
Revenue beat(2)0
Avg Revenue beat(2)-1.04%
Min Revenue beat(2)-1.12%
Max Revenue beat(2)-0.97%
Revenue beat(4)0
Avg Revenue beat(4)-1.7%
Min Revenue beat(4)-2.77%
Max Revenue beat(4)-0.97%
Revenue beat(8)1
Avg Revenue beat(8)-1.58%
Revenue beat(12)4
Avg Revenue beat(12)-1.06%
Revenue beat(16)7
Avg Revenue beat(16)-0.89%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-11.11%
EPS NY rev (1m)0%
EPS NY rev (3m)-22.79%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.12%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 277.17 | ||
| Fwd PE | 15.53 | ||
| P/S | 0.77 | ||
| P/FCF | N/A | ||
| P/OCF | 17.96 | ||
| P/B | 1.08 | ||
| P/tB | 1.23 | ||
| EV/EBITDA | 10.1 |
EPS(TTM)0.06
EY0.36%
EPS(NY)1.07
Fwd EY6.44%
FCF(TTM)-1.51
FCFYN/A
OCF(TTM)0.93
OCFY5.57%
SpS21.59
BVpS15.45
TBVpS13.49
PEG (NY)N/A
PEG (5Y)N/A
Graham Number4.57
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.08% | ||
| ROE | -4.19% | ||
| ROCE | 1.57% | ||
| ROIC | 1.09% | ||
| ROICexc | 1.26% | ||
| ROICexgc | 1.39% | ||
| OM | 1.88% | ||
| PM (TTM) | N/A | ||
| GM | 19.72% | ||
| FCFM | N/A |
ROA(3y)5.99%
ROA(5y)6.06%
ROE(3y)11.39%
ROE(5y)11.81%
ROIC(3y)8.55%
ROIC(5y)8.57%
ROICexc(3y)11.88%
ROICexc(5y)12.15%
ROICexgc(3y)13.45%
ROICexgc(5y)13.79%
ROCE(3y)12.28%
ROCE(5y)12.3%
ROICexgc growth 3Y-45.54%
ROICexgc growth 5Y-24.42%
ROICexc growth 3Y-45.02%
ROICexc growth 5Y-24.04%
OM growth 3Y-35.7%
OM growth 5Y-18.6%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-8.02%
GM growth 5Y-3.25%
F-Score3
Asset Turnover0.69
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 3.34 | ||
| Cap/Depr | 151.16% | ||
| Cap/Sales | 11.29% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 45.85% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.7 | ||
| Quick Ratio | 1.64 | ||
| Altman-Z | 2.04 |
F-Score3
WACC8.05%
ROIC/WACC0.14
Cap/Depr(3y)176.33%
Cap/Depr(5y)146.82%
Cap/Sales(3y)9.96%
Cap/Sales(5y)8.31%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-95.59%
EPS 3Y-41.27%
EPS 5Y-17.9%
EPS Q2Q%-94.12%
EPS Next Y-56.31%
EPS Next 2Y50.93%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-6.36%
Revenue growth 3Y-3.22%
Revenue growth 5Y1.94%
Sales Q2Q%2.83%
Revenue Next Year3.23%
Revenue Next 2Y5.11%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-79.87%
EBIT growth 3Y-37.77%
EBIT growth 5Y-17.02%
EBIT Next Year120.85%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-177.02%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-79.53%
OCF growth 3Y-27.57%
OCF growth 5Y-10.14%