Vishay Intertechnology (VSH) AI Stock Analysis

• Market Cap: $2.09B
• Dividend Yield: 2.57%
• Average Volume (3M): 1.86M
• Price to Earnings (P/E): 26.7
• Beta (1Y): 1.58
• Revenue Growth: -6.36%
• EPS Growth: -151.95%
• Country: US
• Employees: 22,700
• Sector: Technology
• Sector Strength: 83
• Industry: Semiconductors
• EPS (TTM): -0.07
• Shares Outstanding: 123,488,660
• 10 Day Avg. Volume: 1,454,946
• 30 Day Avg. Volume: 1,863,062
• PEG Ratio: 0.68
• Price to Book (P/B): 1.14
• Price to Sales (P/S): 0.79
• P/FCF Ratio: -15.85
• Enterprise Value/Market Cap: 1.31
• Enterprise Value/Revenue: 0.94
• Enterprise Value/Gross Profit: 4.62
• Enterprise Value/Ebitda: 14.65
• 1Y Price Target: $14.00
• Price Target Upside: -9.91% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 2

• Rating: 49 Neutral
• Price Target: $14.50 ▼(-6.69% Downside)

Vishay Intertechnology's overall stock score is primarily impacted by its challenging financial performance, with declining revenues and negative profitability. Technical analysis indicates bearish momentum, while valuation concerns are highlighted by a negative P/E ratio. The earnings call provides some positive outlooks, but operational challenges remain significant.

Positive Factors

Book-to-Bill Ratio

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

Capacity Expansion

Management's strategy of focusing on capacity expansion is setting up VSH for future growth.

Inventory Management

Encouraging commentary on the reduction of excess inventory in the channel and an increase in backlog by $1.2bn.

Negative Factors

Market Weakness

VSH's main end-markets, Autos & Industrials, are expected to remain weak over the next few quarters.

Tariffs and Costs

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

Underutilization Impact

Underutilization of the Newport Fab remains a drag on margins for several quarters.

Vishay Intertechnology Business Overview & Revenue Model

Company Description

Vishay Intertechnology, Inc. manufactures and supplies discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. It operates through six segments: Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors. The MOSFETs segment offers low- and medium-voltage TrenchFET MOSFETs, high-voltage planar MOSFETs, high voltage Super Junction MOSFETs, power integrated circuits, and integrated function power devices. The Diodes segment provides rectifiers, small signal diodes, protection diodes, thyristors/silicon-controlled rectifiers, and power modules. The Optoelectronic Components segment contains standard and customer specific optoelectronic components, such as infrared (IR) emitters and detectors, IR remote control receivers, optocouplers, solid-state relays, optical sensors, light-emitting diodes, 7-segment displays, and IR data transceiver modules. The Resistors segment offers resistors, which are basic components used in various forms of electronic circuitry to adjust and regulate levels of voltage and current. The Inductors segment provides inductors for use as an internal magnetic field to change alternating current phase and resist alternating current. The Capacitors segment offers capacitors, which store energy and discharge it when needed. The company sells its products under Siliconix, Dale, Draloric, Beyschlag, Sfernice, MCB, UltraSource, Applied Thin-Film Products, IHLP, HiRel Systems, Sprague, Vitramon, Barry, Roederstein, ESTA, and BCcomponents brands. It serves industrial, computing, automotive, consumer, telecommunications, power supplies, military, aerospace, and medical end markets. Vishay Intertechnology, Inc. was incorporated in 1962 and is headquartered in Malvern, Pennsylvania.

How the Company Makes Money

Vishay Intertechnology generates revenue primarily through the sale of its electronic components to original equipment manufacturers (OEMs) and distributors worldwide. The company's revenue model is based on the production and supply of a wide range of passive and discrete semiconductor components, which are essential in various electronic applications. Key revenue streams include sales of resistors, capacitors, inductors, and semiconductor devices. Vishay benefits from strong relationships with major customers, including large technology firms and automotive manufacturers, which provide consistent demand for its products. Additionally, the company invests in research and development to innovate and expand its product offerings, enabling it to capture emerging market opportunities and adapt to the evolving needs of its customers.

Vishay Intertechnology Financial Statement Overview

Summary

Vishay Intertechnology is facing financial challenges with declining revenues, negative net income, and increased leverage. The income statement and cash flow indicate operational difficulties, while the balance sheet shows moderate stability with a solid equity base.

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
EBITDA	186.72M	235.74M	676.91M	774.63M	619.18M	366.18M
Net Income	-66.17M	-31.15M	323.82M	428.81M	297.97M	122.92M
Balance Sheet
Total Assets	4.20B	4.11B	4.24B	3.87B	3.54B	3.15B
Cash, Cash Equivalents and Short-Term Investments	619.60M	606.42M	1.01B	916.10M	920.85M	778.35M
Total Debt	1.11B	1.03B	947.50M	634.75M	579.04M	503.18M
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: Neutral
• Last Price: 15.54
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For VSH, the sentiment is Neutral. The current price of 15.54 is above the 20-day moving average (MA) of 15.11, below the 50-day MA of 16.07, and below the 200-day MA of 15.84, indicating a neutral trend. The MACD of -0.24 indicates Negative momentum. The RSI at 50.66 is Neutral, neither overbought nor oversold. The STOCH value of 85.82 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for VSH.

Vishay Intertechnology Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ACLS	78 Outperform	$2.54B	16.54	16.19%	―	-19.38%	-33.03%
DIOD	74 Outperform	$2.57B	40.37	3.49%	―	2.86%	-34.32%
SIMO	70 Outperform	$2.68B	32.69	10.16%	2.53%	-0.29%	1.47%
FORM	62 Neutral	$2.27B	52.28	4.53%	―	8.30%	-63.69%
KLIC	62 Neutral	$1.96B	473.54	0.66%	2.17%	-9.54%	―
Sector *	61 Neutral	$35.62B	7.50	-10.94%	1.87%	8.86%	-10.27%
VSH	49 Neutral	$2.09B	26.74	-4.11%	2.57%	-6.36%	-151.95%

Vishay Intertechnology Corporate Events

Vishay Intertechnology Declares Quarterly Cash Dividend

On August 12, 2025, Vishay Intertechnology declared a quarterly cash dividend of $0.10 per share for its common and Class B stock, payable on September 25, 2025, to shareholders recorded by September 11, 2025. This announcement reflects Vishay’s ongoing commitment to returning value to its shareholders, reinforcing its stable financial position and positive outlook in the semiconductor and electronic components industry.

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.