Vishay Intertechnology (VSH) AI Stock Analysis

• Market Cap: $2.13B
• Dividend Yield: 2.64%
• Average Volume (3M): 1.56M
• Price to Earnings (P/E): 26.7
• Beta (1Y): 1.59
• Revenue Growth: -11.31%
• EPS Growth: -127.88%
• Country: US
• Employees: 22,700
• Sector: Technology
• Sector Strength: 84
• Industry: Semiconductors
• EPS (TTM): -0.03
• Shares Outstanding: 123,457,085
• 10 Day Avg. Volume: 1,306,527
• 30 Day Avg. Volume: 1,558,032
• PEG Ratio: -0.38
• Price to Book (P/B): 2.07
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 22.02
• Enterprise Value/Market Cap: 1.40
• Enterprise Value/Revenue: 0.25
• Enterprise Value/Gross Profit: 5.04
• Enterprise Value/Ebitda: 2.47
• 1Y Price Target: $13.50
• Price Target Upside: -11.94% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 2

• Rating: 51 Neutral
• Price Target: $15.00 ▼(-2.15%Downside)

Vishay Intertechnology's stock score reflects significant financial challenges with negative profitability and cash flow constraints. While there are positive signals from technical analysis and specific market segments, valuation concerns and mixed earnings call sentiment temper the overall outlook.

Positive Factors

Inventory and Orders

Improvement in distributor inventory levels and book-to-bill ratio is noted as a positive development.

Long-term Strategy

Management's focus on long-term growth through capacity expansion and cost control is seen as a strength for the company's future.

Market Positioning

Vishay is well positioned to benefit from the recovery of the semiconductor cycle and the long-term trend of increasing electronic content driven by the digitalization/electrification of applications across its core automotive and industrial markets.

Negative Factors

End-markets

Vishay's two main end-markets, Automotive and Industrial, are expected to remain weak over the next several quarters.

Margins

Newport fab continues to be a drag on margins, impacting overall gross margin significantly.

Tariffs and Costs

Multiple headwinds, including tariffs and higher commodity costs, are expected to challenge gross margins.

Vishay Intertechnology Business Overview & Revenue Model

Company Description

Vishay Intertechnology, Inc. is a leading global manufacturer and supplier of discrete semiconductors and passive electronic components. The company operates in various sectors, including automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical. Vishay's core products include semiconductors such as diodes, MOSFETs, and optoelectronic products, as well as passive components like resistors, inductors, and capacitors. These products are integral to electronic circuits, enabling the design and functionality of a wide range of electronic devices and systems.

How the Company Makes Money

Vishay Intertechnology generates revenue primarily through the sale of its semiconductor and passive electronic components to a diverse customer base across multiple industries. The company's key revenue streams include the production and distribution of diodes, MOSFETs, optoelectronic components, resistors, inductors, and capacitors. Vishay benefits from long-term supply agreements and relationships with major electronics manufacturers and distributors worldwide. Additionally, the company's ability to maintain a wide product portfolio and its focus on innovation and quality contribute significantly to its earnings. Strategic partnerships and collaborations with leading technology firms also play a role in enhancing its market presence and driving revenue growth.

Vishay Intertechnology Financial Statement Overview

Summary

Vishay Intertechnology's financial performance is under pressure due to declining revenue, increased leverage, and negative profitability. The income statement reveals significant challenges with negative net income and reduced margins. The balance sheet maintains a stable equity base but faces increased leverage, while cash flow highlights constraints due to negative free cash flow and capital expenditure requirements.

Income Statement

Vishay Intertechnology has faced significant challenges in its income statement, marked by declining revenues and negative net income in the TTM (Trailing-Twelve-Months). The gross profit margin has decreased from 30.3% in 2022 to 20.3% in the TTM period, and the net profit margin has turned negative, dropping from 12.3% in 2022 to -2.3% in the TTM period. The revenue growth rate has been negative over the past two years, indicating a downward trend in sales. EBIT and EBITDA margins have also contracted significantly, reflecting operational difficulties.

Balance Sheet

The company's balance sheet shows moderate stability with a debt-to-equity ratio of 0.55 in the TTM period, which is relatively manageable but has increased from 0.31 in 2020. Return on equity has turned negative due to net losses, but the equity ratio remains robust at 48.4%. Overall, the balance sheet reflects a stable equity position but increasing leverage could pose future risks.

Cash Flow

Vishay Intertechnology's cash flow statement indicates challenges in generating free cash flow, which is negative in the TTM period. The operating cash flow to net income ratio is 1.65, suggesting that while operating activities generate cash, net income losses are impacting overall cash flow health. The free cash flow to net income ratio is negative, reflecting ongoing capital expenditure requirements despite revenue challenges.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
2.91B	2.94B	3.40B	3.50B	3.24B	2.50B
	Gross Profit
591.44M	626.29M	974.49M	1.06B	887.91M	581.90M
	EBIT
-36.23M	5.63M	486.14M	615.49M	467.80M	209.71M
	EBITDA
186.72M	235.74M	676.91M	774.63M	619.18M	366.18M
	Net Income Common Stockholders
-66.17M	-31.15M	323.82M	428.81M	297.97M	122.92M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
619.60M	606.42M	1.01B	916.10M	920.85M	778.35M
	Total Assets
4.20B	4.11B	4.24B	3.87B	3.54B	3.15B
	Total Debt
1.11B	1.03B	947.50M	634.75M	579.04M	503.18M
	Net Debt
498.16M	434.85M	-25.22M	23.92M	-195.06M	-116.69M
	Total Liabilities
2.17B	2.08B	2.04B	1.82B	1.80B	1.58B
	Stockholders Equity
2.03B	2.03B	2.20B	2.05B	1.74B	1.58B
Cash Flow		Free Cash Flow
-218.97M	-146.38M	36.29M	158.98M	238.73M	191.34M
	Operating Cash Flow
109.59M	173.70M	365.70M	484.29M	457.10M	314.94M
	Investing Cash Flow
-344.69M	-512.46M	-72.85M	-528.93M	-230.48M	-192.08M
	Financing Cash Flow
46.95M	-35.40M	61.06M	-101.02M	-58.81M	-209.38M

Vishay Intertechnology Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 15.33
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For VSH, the sentiment is Positive. The current price of 15.33 is above the 20-day moving average (MA) of 14.87, above the 50-day MA of 13.63, and below the 200-day MA of 16.38, indicating a neutral trend. The MACD of 0.45 indicates Negative momentum. The RSI at 55.39 is Neutral, neither overbought nor oversold. The STOCH value of 55.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for VSH.

Vishay Intertechnology Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ACLS	82 Outperform	$2.22B	12.63	18.45%	―	-15.14%	-28.30%
SIMO	70 Outperform	$2.35B	24.99	12.33%	2.85%	10.78%	58.82%
DIOD	67 Neutral	$2.36B	92.34	1.44%	―	-10.37%	-85.11%
FORM	66 Neutral	$2.69B	48.58	5.74%	―	15.33%	-47.04%
Sector *	62 Neutral	$11.96B	10.09	-7.50%	3.10%	7.33%	-8.11%
KLIC	58 Neutral	$1.87B	97.79	2.29%	2.32%	-6.17%	―
VSH	51 Neutral	$2.13B	26.74	-3.14%	2.64%	-11.31%	-127.88%

Vishay Intertechnology Corporate Events

Vishay Intertechnology Declares Quarterly Dividend Post Meeting

On May 20, 2025, Vishay Intertechnology held its Annual Meeting of Stockholders where three directors were elected, Ernst & Young LLP was ratified as the independent accounting firm, and executive compensation was approved. Additionally, a quarterly cash dividend of $0.10 per share was declared, payable on June 27, 2025, to stockholders of record as of June 18, 2025.

The most recent analyst rating on (VSH) stock is a Buy with a $25.00 price target. To see the full list of analyst forecasts on Vishay Intertechnology stock, see the VSH Stock Forecast page.