Vishay Precision Group, Inc. (VPG) Financial Ratios
16 years of historical data (2009–2024) · Technology · Hardware, Equipment & Parts
EV/EBITDA
↓
25.31
↑+160% vs avg
5yr avg: 9.75
30Y Low4.4·High12.1
P/FCF
↓
79.88
↑+157% vs avg
5yr avg: 31.03
30Y Low14.4·High45.1
P/B Ratio
↓
2.64
↑+74% vs avg
5yr avg: 1.52
30Y Low0.9·High1.9
ROE
↓
3.0%
↑-57% vs avg
5yr avg: 7.1%
30Y Low-7%·High12%
Debt/EBITDA
↓
1.69
+4% vs avg
5yr avg: 1.62
30Y Low0.1·High2.3
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
VPG Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Vishay Precision Group, Inc. trades at 85.9x earnings, 232% above its 5-year average of 25.9x, sitting at the 100th percentile of its historical range. Compared to the Technology sector median P/E of 27.4x, the stock trades at a premium of 213%. On a free-cash-flow basis, the stock trades at 79.9x P/FCF, 157% above the 5-year average of 31.0x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $851M | $314M | $465M | $529M | $507M | $429M | $462M | $409M | $339M | $254M | $153M |
| Enterprise Value | $827M | $290M | $440M | $526M | $513M | $395M | $429M | $346M | $297M | $231M | $124M |
| P/E Ratio → | 85.91 | 31.72 | 18.12 | 14.70 | 25.08 | 39.85 | 20.86 | 17.27 | 23.50 | 39.38 | — |
| P/S Ratio | 2.78 | 1.02 | 1.31 | 1.46 | 1.59 | 1.59 | 1.63 | 1.36 | 1.33 | 1.13 | 0.66 |
| P/B Ratio | 2.64 | 0.98 | 1.41 | 1.73 | 1.83 | 1.66 | 1.91 | 1.87 | 1.75 | 1.48 | 0.89 |
| P/FCF | 79.88 | 29.49 | 15.13 | 45.06 | 30.77 | 34.69 | 23.42 | 19.62 | 21.48 | 254.89 | 38.65 |
| P/OCF | 42.94 | 15.85 | 10.14 | 16.02 | 15.12 | 12.14 | 14.95 | 11.57 | 14.91 | 22.21 | 10.96 |
P/E links to full P/E history page with 30-year chart
VPG EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Vishay Precision Group, Inc.'s enterprise value stands at 25.3x EBITDA, 160% above its 5-year average of 9.7x. The Technology sector median is 17.4x, placing the stock at a 46% premium on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.95 | 1.24 | 1.45 | 1.61 | 1.46 | 1.51 | 1.15 | 1.17 | 1.03 | 0.53 |
| EV / EBITDA | 25.31 | 8.88 | 7.65 | 8.88 | 12.11 | 11.22 | 10.60 | 7.23 | 9.20 | 10.58 | 8.56 |
| EV / EBIT | 49.04 | 14.46 | 10.37 | 11.10 | 18.90 | 20.05 | 15.33 | 9.69 | 13.25 | 20.85 | 96.88 |
| EV / FCF | — | 27.25 | 14.30 | 44.76 | 31.14 | 31.91 | 21.71 | 16.59 | 18.83 | 232.48 | 31.32 |
VPG Profitability
Margins and return-on-capital ratios measuring operating efficiency
Vishay Precision Group, Inc. earns an operating margin of 5.5%. Operating margins have compressed from 12.1% to 5.5% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 3.0% is modest. ROIC of 4.2% represents below-average returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 41.0% | 41.0% | 42.3% | 41.3% | 39.4% | 38.6% | 39.3% | 40.5% | 38.6% | 36.8% | 36.3% |
| Operating Margin | 5.5% | 5.5% | 11.8% | 12.1% | 8.6% | 8.4% | 10.1% | 12.4% | 8.5% | 4.8% | 1.4% |
| Net Profit Margin | 3.2% | 3.2% | 7.2% | 9.9% | 6.4% | 4.0% | 7.8% | 7.9% | 5.6% | 2.8% | -5.6% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 3.0% | 3.0% | 8.1% | 12.4% | 7.6% | 4.3% | 9.6% | 11.5% | 7.9% | 3.7% | -6.9% |
| ROA | 2.1% | 2.1% | 5.4% | 7.7% | 4.7% | 2.8% | 6.4% | 7.5% | 5.0% | 2.4% | -4.7% |
| ROIC | 4.2% | 4.2% | 10.4% | 11.2% | 8.1% | 7.9% | 11.8% | 18.2% | 10.8% | 5.5% | 1.7% |
| ROCE | 4.2% | 4.2% | 10.2% | 10.8% | 7.3% | 7.1% | 10.4% | 14.1% | 8.9% | 4.7% | 1.4% |
VPG Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Vishay Precision Group, Inc. carries a Debt/EBITDA ratio of 1.7x, which is manageable (41% below the sector average of 2.9x). The company holds a net cash position — cash of $79M exceeds total debt of $55M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of 6.7x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.17 | 0.17 | 0.18 | 0.28 | 0.33 | 0.25 | 0.22 | 0.12 | 0.17 | 0.21 | 0.20 |
| Debt / EBITDA | 1.69 | 1.69 | 1.02 | 1.44 | 2.14 | 1.82 | 1.31 | 0.57 | 1.00 | 1.65 | 2.33 |
| Net Debt / Equity | — | -0.07 | -0.08 | -0.01 | 0.02 | -0.13 | -0.14 | -0.29 | -0.22 | -0.13 | -0.17 |
| Net Debt / EBITDA | -0.73 | -0.73 | -0.44 | -0.06 | 0.14 | -0.97 | -0.83 | -1.32 | -1.30 | -1.02 | -2.00 |
| Debt / FCF | — | -2.24 | -0.83 | -0.30 | 0.37 | -2.77 | -1.71 | -3.02 | -2.66 | -22.41 | -7.32 |
| Interest Coverage | 6.71 | 6.71 | 10.56 | 19.30 | 22.25 | 16.59 | 19.01 | 21.42 | 11.74 | 7.21 | 4.36 |
Net cash position: cash ($79M) exceeds total debt ($55M)
VPG Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Vishay Precision Group, Inc.'s current ratio of 4.47x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 2.88x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 3.91x to 4.47x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 4.47 | 4.47 | 3.94 | 3.91 | 3.64 | 4.67 | 2.39 | 3.92 | 3.69 | 4.22 | 3.93 |
| Quick Ratio | 2.88 | 2.88 | 2.51 | 2.60 | 2.45 | 3.36 | 1.64 | 2.79 | 2.53 | 2.70 | 2.58 |
| Cash Ratio | 1.49 | 1.49 | 1.36 | 1.38 | 1.30 | 2.07 | 0.98 | 1.65 | 1.43 | 1.58 | 1.52 |
| Asset Turnover | — | 0.68 | 0.75 | 0.76 | 0.69 | 0.67 | 0.77 | 0.92 | 0.83 | 0.83 | 0.88 |
| Inventory Turnover | 2.15 | 2.15 | 2.32 | 2.52 | 2.52 | 2.66 | 2.58 | 2.87 | 2.60 | 2.52 | 2.65 |
| Days Sales Outstanding | — | 60.97 | 58.02 | 60.47 | 66.89 | 61.33 | 55.53 | 64.72 | 67.14 | 55.61 | 55.89 |
VPG Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Vishay Precision Group, Inc. returns 0.9% to shareholders annually primarily through share buybacks. The earnings yield of 1.2% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.2% | 3.2% | 5.5% | 6.8% | 4.0% | 2.5% | 4.8% | 5.8% | 4.3% | 2.5% | — |
| FCF Yield | 1.3% | 3.4% | 6.6% | 2.2% | 3.3% | 2.9% | 4.3% | 5.1% | 4.7% | 0.4% | 2.6% |
| Buyback Yield | 0.9% | 2.5% | 1.3% | 0.5% | 0.0% | 0.0% | 0.2% | 0.2% | 0.1% | 0.0% | 5.7% |
| Total Shareholder Yield | 0.9% | 2.5% | 1.3% | 0.5% | 0.0% | 0.0% | 0.2% | 0.2% | 0.1% | 0.0% | 5.7% |
| Shares Outstanding | — | $13M | $14M | $14M | $14M | $14M | $14M | $14M | $13M | $13M | $13M |
Peer Comparison
Compare VPG with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 VPGYou | $851M | 85.9 | 25.3 | 79.9 | 41.0% | 5.5% | 3.0% | 4.2% | 1.7 |
 VSH | $4B | -507.7 | 17.0 | — | 19.4% | 1.9% | -0.4% | 1.6% | 4.2 |
 ITRI | $4B | 12.7 | 10.7 | 9.7 | 37.5% | 13.5% | 19.1% | 13.1% | 3.5 |
 KFRC | $769M | 21.5 | 15.0 | 16.4 | 26.8% | 3.8% | 24.9% | 19.1% | 1.3 |
 TRMB | $15B | 36.2 | 20.5 | 112.8 | 68.3% | 16.9% | 7.3% | 6.8% | 1.8 |
 NOVT | $5B | 94.5 | 27.5 | 102.3 | 44.4% | 11.9% | 5.2% | 7.4% | 1.9 |
 MKSI | $20B | 67.2 | 26.2 | 39.8 | 40.4% | 14.4% | 11.7% | 6.5% | 5.2 |
 OSIS | $4B | 27.6 | 17.4 | 70.6 | 34.3% | 12.7% | 16.5% | 11.5% | 2.6 |
 HON | $137B | 29.5 | 20.0 | 25.5 | 36.9% | 17.5% | 27.3% | 12.6% | 4.3 |
 EMR | $83B | 36.6 | 18.9 | 31.2 | 52.8% | 19.6% | 9.6% | 8.2% | 2.7 |
 AME | $55B | 37.7 | 30.4 | 33.1 | 36.4% | 26.2% | 14.6% | 12.1% | 1.2 |
| Technology Median | — | 27.4 | 17.4 | 19.8 | 48.6% | -0.5% | 2.4% | 2.9% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonVPG — Frequently Asked Questions
Quick answers to the most common questions about buying VPG stock.
What is Vishay Precision Group, Inc.'s P/E ratio?
Vishay Precision Group, Inc.'s current P/E ratio is 85.9x. The historical average is 27.0x. This places it at the 100th percentile of its historical range.
What is Vishay Precision Group, Inc.'s EV/EBITDA?
Vishay Precision Group, Inc.'s current EV/EBITDA is 25.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 8.5x.
What is Vishay Precision Group, Inc.'s ROE?
Vishay Precision Group, Inc.'s return on equity (ROE) is 3.0%. The historical average is 5.4%.
Is VPG stock overvalued?
Based on historical data, Vishay Precision Group, Inc. is trading at a P/E of 85.9x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Vishay Precision Group, Inc.'s profit margins?
Vishay Precision Group, Inc. has 41.0% gross margin and 5.5% operating margin.
How much debt does Vishay Precision Group, Inc. have?
Vishay Precision Group, Inc.'s Debt/EBITDA ratio is 1.7x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.