Vishay Precision Intrinsic Stock Value – VISHAY PRECISION Reports Second Quarter Earnings for Fiscal Year 2023
August 23, 2023
🌥️Earnings Overview
On August 8, 2023, VISHAY PRECISION ($NYSE:VPG) reported its earnings results for the second quarter of fiscal year 2023, ending June 30, 2023. The company saw a 2.5% increase in total revenue to USD 90.8 million; however, net income for the quarter decreased 23.4% year-over-year to USD 8.2 million.
Market Price
The company’s stock opened at $37.9 and closed at $37.3, down by 0.3% from its previous closing price of 37.4. Despite the slight dip in stock price, VISHAY PRECISION‘s earnings report was generally positive, as its outlook for the remainder of the fiscal year was better than expected and its gross profit margin was in line with industry standards. Investors who hold the stock are likely to be encouraged by this report and will watch closely as the company continues to make progress towards its goals. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Vishay Precision. More…
| Total Revenues | Net Income | Net Margin |
| 365.96 | 34.15 | 9.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Vishay Precision. More…
| Operations | Investing | Financing |
| 33.03 | -20.84 | -3.63 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Vishay Precision. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 486.98 | 165.31 | 23.65 |
Key Ratios Snapshot
Some of the financial key ratios for Vishay Precision are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.6% | 33.4% | 13.0% |
| FCF Margin | ROE | ROA |
| 3.2% | 9.4% | 6.1% |
Analysis – Vishay Precision Intrinsic Stock Value
At GoodWhale, we strive to provide comprehensive analyses of company’s wellbeing. For VISHAY PRECISION, we have conducted a thorough analysis of its financials and outlook. Our proprietary Valuation Line showed an intrinsic value of $38.5 for the shares. Currently, VISHAY PRECISION is traded at $37.3, a fair price but slightly undervalued by 3.0%. Therefore, we recommend investors to keep an eye on VISHAY PRECISION stock as it may be a good long-term investment opportunity. More…
Peers
In the world of precision measurement, there are few companies that can compete with Vishay Precision Group Inc. With over 60 years of experience in the industry, Vishay Precision Group Inc has established itself as a leader in the field. Its competitors, Jenoptik AG, BeiJing StarNeto Technology Co Ltd, and 3D Pioneer Systems Inc, are all trying to catch up to Vishay Precision Group Inc’s level of expertise and experience.
– Jenoptik AG ($OTCPK:JNPKF)
Jenoptik AG is a German optics company. The company is headquartered in Jena, Thuringia, and has branches in over 80 countries. The company is listed on the Frankfurt Stock Exchange and is a member of the DAX index. The company’s core business is the development and production of optical systems for applications in the semiconductor, automotive, and defense industries. Jenoptik AG also offers a wide range of services in the field of optical metrology.
Jenoptik AG’s market cap as of 2022 is 1.62B. The company’s return on equity is 8.63%.
Jenoptik AG is a leading international provider of optical systems. The company’s core competencies include the development, production and distribution of optical systems for applications in the semiconductor, automotive and defense industries. Jenoptik AG also offers a wide range of services in the field of optical metrology.
– BeiJing StarNeto Technology Co Ltd ($SZSE:002829)
BeiJing StarNeto Technology Co Ltd is a Chinese company that specializes in the development and manufacture of telecommunications equipment. The company has a market capitalization of 6.09 billion as of 2022 and a return on equity of 11.37%. The company’s products include mobile phones, fixed-line phones, VoIP phones, and other related products.
– 3D Pioneer Systems Inc ($OTCPK:DPSM)
Pioneer Systems Inc is a provider of 3D printing and additive manufacturing solutions. The company offers a range of products and services, including 3D printers, software, and materials. Pioneer Systems Inc has a market cap of 7.22k as of 2022. The company’s Return on Equity is -1278.78%. Pioneer Systems Inc is a provider of 3D printing and additive manufacturing solutions. The company offers a range of products and services, including 3D printers, software, and materials.
Summary
Vishay Precision reported second-quarter revenue of USD 90.8 million, a 2.5% increase from the same quarter last year.
However, net income for the quarter decreased by 23.4%, to USD 8.2 million. Although revenue increased, investors should take into consideration the decrease in net income when evaluating Vishay Precision as an investment. Analysts are encouraged to evaluate the company’s financial statements and look for trends in revenue, operating costs, and cash flow when making their decision. Overall, it appears that Vishay Precision may be facing some financial difficulties and investors should carefully consider whether or not to invest in the company.
