Vishay Precision Group, Inc. (VPG) stock analysis

P/E against its history

Not enough price and earnings history to compare.

P/E against the industry

Needs positive earnings and enough profitable companies in the industry.

EV/EBITDA above its 5-year median

Vishay Precision's EV/EBITDA of 32.1 is above its 5-year median of 7.7.

P/B below the industry

Vishay Precision's price-to-book of 2.15 is below the Electronic Components and Accessories median of 3.49.

Trading above fair value

The share price of $53.82 is above our fair value estimate of $28.45.

Margin of safety under 20%

The price is 89.2% above fair value, so there is no margin of safety.

Revenue growing under 10% a year

Revenue grew -5.4% a year over the last three fiscal years, short of the 10% we look for.

EPS growing under 10% a year

Diluted EPS grew -46.6% a year over the last three fiscal years.

Earnings growth not accelerating

Net income grew -142% over the last twelve months, against a 5-year average of -13.3% a year.

Growing slower than the industry

Revenue grew 11.6% over the last twelve months; the Electronic Components and Accessories median is 17.3%.

Guidance issued

The latest outlook (third fiscal quarter of 2026 net revenues, Aug 5, 2026) was issued for the first time, so it neither adds nor takes away points.

Gross margin slipping

Gross margin was 38.7% over the last twelve months, against 39.3% a year earlier.

Return on equity under 15%

Return on equity was -1.0% over the last twelve months and averaged 6.5% over five years; we look for 15% on both.

Return on capital under 10%

Return on invested capital was 0.7%, below the 10% that usually covers the cost of capital.

Return on equity below the industry

Vishay Precision's return on equity of -1.0% is below the Electronic Components and Accessories median of 4.8%.

Earnings shrank over 5 years

Net income shrank 13.3% a year on average over the last five fiscal years.

Net margin below its 5-year average

Net margin was -1.0% over the last twelve months, against a 5-year average of 5.7%.

Net margin below the industry

Vishay Precision's net margin of -1.0% is below the Electronic Components and Accessories median of 2.9%.

Low debt

Debt is 4.7% of shareholders' equity, under the 40% we consider low.

Debt falling against equity

Debt to equity fell from 15.8% five years ago to 4.7%.

Debt covered by cash flow

Operating cash flow over the last twelve months equals 96.8% of total debt.

Interest not well covered

Operating income covers interest expense 2.8 times; we look for at least 5.

Short-term assets cover short-term debts

Current assets are 3.59 times current liabilities.

Low bankruptcy risk

The Altman Z-score is 5.13; above 3 is the safe zone and below 1.8 the distress zone.

No dividend

Vishay Precision has not paid a dividend in the last twelve months.

Yield against Treasuries

No dividend.

Yield against the market

No dividend.

Dividend stability

No dividend.

Earnings cover

No dividend.

Cash-flow cover

No dividend.