VISHAY INTERTECHNOLOGY INC (VSH) Stock Fundamental Analysis
NYSE:VSH - US9282981086 - Common Stock
15.56 USD
+0.24 (+1.57%)
15.56 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to VSH. VSH was compared to 125 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 has a correct valuation and a medium 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.
VSH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
VSH has a Return On Assets (-2.08%) which is in line with its industry peers.
With a Return On Equity value of -4.19%, VSH perfoms like the industry average, outperforming 48.80% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 1.09%, VSH is in line with its industry, outperforming 50.40% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for VSH is in line with the industry average of 9.48%.
The last Return On Invested Capital (1.09%) for VSH is well below the 3 year average (8.55%), which needs to be investigated, but indicates that VSH had better years and this may not be a problem.
| 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 52.00% of the companies in the same industry.
VSH's Operating Margin has declined in the last couple of years.
The Gross Margin of VSH (19.72%) is worse than 68.00% 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
VSH has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is 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.
VSH has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 1.97 indicates that VSH is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 1.97, VSH is not doing good in the industry: 68.00% of the companies in the same industry are doing better.
A Debt/Equity ratio of 0.44 indicates that VSH is not too dependend on debt financing.
VSH has a worse Debt to Equity ratio (0.44) than 64.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.97 |
ROIC/WACC0.13
WACC8.17%
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.
Looking at the Current ratio, with a value of 2.70, VSH is in line with its industry, outperforming 60.00% of the companies in the same industry.
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.
The Quick ratio of VSH (1.64) is comparable to the rest of the industry.
| 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.
The earnings per share for VSH have been decreasing by -17.90% on average. This is quite bad
VSH shows a decrease in Revenue. In the last year, the revenue decreased by -6.36%.
The Revenue has been growing slightly by 1.94% on average over the past years.
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
Based on estimates for the next years, VSH will show a very strong growth in Earnings Per Share. The EPS will grow by 50.93% on average per year.
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
The Price/Earnings ratio is 259.33, which means the current valuation is very expensive for VSH.
VSH's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of VSH to the average of the S&P500 Index (27.03), we can say VSH is valued expensively.
Based on the Price/Forward Earnings ratio of 14.53, the valuation of VSH can be described as correct.
88.80% of the companies in the same industry are more expensive than VSH, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of VSH to the average of the S&P500 Index (22.63), we can say VSH is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 259.33 | ||
| Fwd PE | 14.53 |
4.2 Price Multiples
VSH's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. VSH is cheaper than 91.20% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.16 |
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
With a Yearly Dividend Yield of 2.55%, VSH has a reasonable but not impressive dividend return.
VSH's Dividend Yield is rather good when compared to the industry average which is at 1.48. VSH pays more dividend than 96.80% of the companies 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 | 2.55% |
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 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
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
15.56
+0.24 (+1.57%)
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 Change0.56%
Market Cap2.11B
Analysts75
Price Target14.28 (-8.23%)
Short Float %6.91%
Short Ratio4.72
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.55% |
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)-22.22%
EPS NQ rev (1m)-11.11%
EPS NQ rev (3m)-80%
EPS NY rev (1m)-22.79%
EPS NY rev (3m)-47.86%
Revenue NQ rev (1m)-0.12%
Revenue NQ rev (3m)-0.59%
Revenue NY rev (1m)0.39%
Revenue NY rev (3m)0.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 259.33 | ||
| Fwd PE | 14.53 | ||
| P/S | 0.72 | ||
| P/FCF | N/A | ||
| P/OCF | 16.81 | ||
| P/B | 1.01 | ||
| P/tB | 1.15 | ||
| EV/EBITDA | 9.16 |
EPS(TTM)0.06
EY0.39%
EPS(NY)1.07
Fwd EY6.88%
FCF(TTM)-1.51
FCFYN/A
OCF(TTM)0.93
OCFY5.95%
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 | 1.97 |
F-Score3
WACC8.17%
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%