VISHAY INTERTECHNOLOGY INC (VSH) Stock Fundamental Analysis
USA - NYSE:VSH - US9282981086 - Common Stock
15.03 USD
+0.13 (+0.87%)
15.03 USD
0 (0%)
VSH gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 124 industry peers in the Electronic Equipment, Instruments & Components industry. VSH has an average financial health and profitability rating. 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.
Each year in the past 5 years VSH had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of -2.08%, VSH perfoms like the industry average, outperforming 45.16% of the companies in the same industry.
VSH has a Return On Equity (-4.19%) which is in line with its industry peers.
VSH has a Return On Invested Capital (1.09%) which is comparable to the rest of the industry.
VSH had an Average Return On Invested Capital over the past 3 years of 8.55%. This is in line with the industry average of 9.48%.
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
With a Operating Margin value of 1.88%, VSH perfoms like the industry average, outperforming 51.61% of the companies in the same industry.
In the last couple of years the Operating Margin of VSH has declined.
VSH has a Gross Margin of 19.72%. This is in the lower half of the industry: VSH underperforms 68.55% of its industry peers.
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.
VSH has less shares outstanding than it did 1 year ago.
The number of shares outstanding for VSH has been reduced compared to 5 years ago.
Compared to 1 year ago, VSH has a worse debt to assets ratio.
2.2 Solvency
VSH has an Altman-Z score of 1.96. This is not the best score and indicates that VSH is in the grey zone with still only limited risk for bankruptcy at the moment.
VSH has a Altman-Z score of 1.96. This is in the lower half of the industry: VSH underperforms 70.16% of its industry peers.
A Debt/Equity ratio of 0.44 indicates that VSH is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.44, VSH is doing worse than 64.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.96 |
ROIC/WACC0.13
WACC8.22%
2.3 Liquidity
A Current Ratio of 2.70 indicates that VSH has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.70, VSH is in line with its industry, outperforming 59.68% of the companies in the same industry.
A Quick Ratio of 1.64 indicates that VSH should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.64, VSH perfoms like the industry average, outperforming 48.39% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.7 | ||
| Quick Ratio | 1.64 |
3. Growth
3.1 Past
VSH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -95.59%.
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.
VSH shows a decrease in Revenue. In the last year, the revenue decreased by -6.36%.
VSH shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.94% yearly.
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
VSH is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 50.93% yearly.
Based on estimates for the next years, VSH will show a small growth in Revenue. The Revenue will grow by 5.11% on average per year.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 250.50 indicates a quite expensive valuation of VSH.
Compared to the rest of the industry, the Price/Earnings ratio of VSH is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 27.32. VSH is valued rather expensively when compared to this.
The Price/Forward Earnings ratio is 14.04, which indicates a correct valuation of VSH.
VSH's Price/Forward Earnings ratio is rather cheap when compared to the industry. VSH is cheaper than 90.32% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.89, VSH is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 250.5 | ||
| Fwd PE | 14.04 |
4.2 Price Multiples
VSH's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. VSH is cheaper than 91.94% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.95 |
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 2.53%.
VSH's Dividend Yield is rather good when compared to the industry average which is at 2.22. VSH pays more dividend than 95.97% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, VSH has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.53% |
5.2 History
The dividend of VSH has a limited annual growth rate of 1.00%.
VSH has been paying a dividend for at least 10 years, so it has a reliable track record.
VSH has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)1%
Div Incr Years0
Div Non Decr Years10
5.3 Sustainability
The earnings of VSH are negative and hence is the payout ratio. VSH will probably not be able to sustain this dividend level.
VSH's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-61.96%
EPS Next 2Y50.93%
EPS Next 3YN/A
15.03
+0.13 (+0.87%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners109.92%
Inst Owner Change-2.57%
Ins Owners0.36%
Ins Owner Change1.82%
Market Cap2.04B
Analysts75
Price Target14.28 (-4.99%)
Short Float %6.64%
Short Ratio4.99
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.53% |
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 | 250.5 | ||
| Fwd PE | 14.04 | ||
| P/S | 0.7 | ||
| P/FCF | N/A | ||
| P/OCF | 16.23 | ||
| P/B | 0.97 | ||
| P/tB | 1.11 | ||
| EV/EBITDA | 8.95 |
EPS(TTM)0.06
EY0.4%
EPS(NY)1.07
Fwd EY7.12%
FCF(TTM)-1.51
FCFYN/A
OCF(TTM)0.93
OCFY6.16%
SpS21.59
BVpS15.45
TBVpS13.49
PEG (NY)N/A
PEG (5Y)N/A
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%
ROICexcg growth 3Y-45.54%
ROICexcg 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 | 1.96 |
F-Score3
WACC8.22%
ROIC/WACC0.13
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 Year107.35%
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%