Vishay Precision Stock Fair Value Calculator – VISHAY PRECISION Reports Q2 Earnings Results for FY2023
August 16, 2023
🌥️Earnings Overview
VISHAY PRECISION ($NYSE:VPG) announced their Q2 2023 financial results on August 8, 2023, covering the period ending June 30 of the same year. Total revenue for the quarter was reported to be USD 90.8 million, a 2.5% increase year-over-year. Unfortunately, net income dropped by 23.4% to USD 8.2 million compared to the same period in the prior year.
Stock Price
On Tuesday, VISHAY PRECISION reported its second quarter earnings results for FY2023. The stock opened at $37.9 and closed at $37.3, down by 0.3% from its previous closing price of 37.4. This was largely due to the success of new products and increased demand. CEO Paul H. Coats commented on the results, “We are proud of our strong performance in the second quarter and remain confident in the outlook for the remainder of fiscal year 2023.” 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 |
| 42.48 | -19.26 | -4.2 |
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 |
| 6.3% | 9.4% | 6.1% |
Analysis – Vishay Precision Stock Fair Value Calculator
At GoodWhale, we’ve conducted a thorough analysis of VISHAY PRECISION. According to our proprietary Valuation Line, the intrinsic value of VISHAY PRECISION share is estimated to be around $38.5. Therefore, VISHAY PRECISION is a good option for investors who are looking for good returns in the long-term. More…
Peers
In the world of precision measurement, there are few companies that can compete with Vishay Precision Group Inc. With over 60 years of experience in the industry, Vishay Precision Group Inc has established itself as a leader in the field. Its competitors, Jenoptik AG, BeiJing StarNeto Technology Co Ltd, and 3D Pioneer Systems Inc, are all trying to catch up to Vishay Precision Group Inc’s level of expertise and experience.
– Jenoptik AG ($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
Investing analysis of VISHAY PRECISION for the second quarter of FY2023 shows mixed results. Total revenue rose by 2.5%, however net income was down 23.4% compared to the same period last year. This can be attributed to higher costs and lower gross margins due to increased competition in the industry. Investors should keep an eye on the costs associated with their operations as well as the growth of their top line revenue in order to make informed investment decisions.
Additionally, they should review their strategies in order to identify areas of improvement and capitalize on new opportunities in order to sustain profitability.
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