Download PDF

1. Company Snapshot

1.a. Company Description

Vishay Precision Group, Inc.designs, manufactures, and markets specialized sensors, weighing solutions, and measurement systems in the United States, Israel, the United Kingdom, rest of Europe, Asia, and Canada.It operates through three segments: Sensors, Weighing Solutions, and Measurement Systems.


Its product portfolio includes precision resistors, strain gages, load cells, on-board weighing systems, and process weighing products.The company also offers data acquisition systems for avionics; measurement systems for steel production; material testing and simulation systems; and data acquisition systems for auto safety testing.Its products are used in industrial, test and measurement, transportation, steel, medical, agriculture, avionics, military and space, and consumer product applications.


The company offers its products under the Alpha Electronics, Powertron, Vishay Foil Resistors, Micro-Measurements, Celtron, Revere, Sensortronics, Tedea-Huntleigh, Stress-tek, Vulcan, BLH Nobel, KELK, and DTS brands.Vishay Precision Group, Inc.was incorporated in 2009 and is headquartered in Malvern, Pennsylvania.

Show Full description

1.b. Last Insights on VPG

Vishay Precision Group, Inc.'s recent performance was driven by strong Q2 earnings and revenue growth. The company reported $0.17 per share earnings, beating estimates by $0.13. Revenue rose 3% to $75.2 million, surpassing predictions. Management cited stabilization with stronger orders, record margins in Weighing Solutions, and disciplined debt reduction. New orders for 2025 are targeted at $30 million, with over 50% already booked. Early wins in humanoid robotics add optional upside. According to a recent note, the company is expected to present at upcoming investor conferences.

1.c. Company Highlights

2. VPG's Q3 2025 Earnings: A Mixed Bag

VPG reported revenue of $79.7 million for Q3 2025, representing a 6.1% increase from the previous quarter and a 5.3% increase from the same period last year. The company's adjusted gross margin was 40.5%, while the adjusted operating margin was 6.2%. Earnings per share (EPS) came in at $0.26, beating analyst estimates of $0.21. The revenue growth was driven by the Sensors and Measurement Systems segments, which saw increased sales. The company's guidance for Q4 2025 is between $75 million and $81 million in revenue.

Publication Date: Nov -24

📋 Highlights
  • Q3 Revenue Growth:: Revenue reached $79.7 million, reflecting a 6.1% sequential increase and 5.3% year-over-year growth.
  • Adjusted Gross Margin Record:: Adjusted gross margin hit 40.5%, driven by Sensors segment improvements and a record in Weighing Solutions.
  • Humanoid Robotics Orders:: Generated $1.8 million in orders from July–October 2025 for two developer customers, signaling long-term market potential.
  • Weighing Solutions Decline:: Segment revenue fell 6.4% sequentially due to lower transportation, construction, and ag equipment demand.

Segment Performance

The Sensors segment saw an improvement in adjusted gross margin to 33.7%, primarily due to volume and tariff-related net price adjustments. The Weighing Solutions segment, however, experienced a decline in sales, down 6.4% from the previous quarter, due to lower sales in the transportation, construction, and precision agriculture equipment markets. On the other hand, the Measurement Systems segment saw a 7.3% increase in revenue, driven by higher sales to the steel market. As Ziv Shoshani noted, "Our Sensors and Measurement Systems segment reported a book-to-bill of 1.07 and 1.04, respectively," indicating a stable demand environment.

Humanoid Robotics and Future Prospects

VPG is optimistic about its prospects in the emerging humanoid robotics market, having received $1.8 million in orders from July to October related to its two current humanoid developer customers. While the market is still in its infancy, the company believes it is well-positioned in high-performance niches for its sensor technology. Discussions with customers are ongoing regarding higher volume production, and VPG is engaged in engineering dialogues with potential new customers. However, the design process is still evolving, and the company lacks visibility on when designs will be frozen.

Valuation and Outlook

With a P/E Ratio of 52.11 and an EV/EBITDA of 18.17, VPG's valuation suggests that the market is pricing in significant growth expectations. Analysts estimate revenue growth of 4.9% for next year. Given the current valuation multiples, it remains to be seen whether VPG can meet these expectations. The company's strategic priorities, including cost efficiency and M&A opportunities, are designed to drive growth and profitability. With a ROE of 2.41% and a ROIC of -15.85%, VPG still has room to improve its return on capital.

3. NewsRoom

Card image cap

APELY or VPG: Which Is the Better Value Stock Right Now?

Nov -24

Source: zacks.com

Card image cap

VPG to Present and Host 1x1 Investor Meetings at the 17th Annual Southwest IDEAS Conference on November 20, 2025 in Dallas, TX

Nov -05

Source: globenewswire.com

Card image cap

Vishay Precision Group, Inc. (VPG) Q3 2025 Earnings Call Transcript

Nov -04

Source: seekingalpha.com

Card image cap

Vishay Precision (VPG) Beats Q3 Earnings and Revenue Estimates

Nov -04

Source: zacks.com

Card image cap

VPG Adds Two New C-Suite Positions; Yair Alcobi Appointed As Chief Business and Product Officer and Rafi Ouzan Named Chief Operating Officer

Nov -04

Source: globenewswire.com

Card image cap

VPG Reports Fiscal 2025 Third Quarter Results

Nov -04

Source: globenewswire.com

Card image cap

Vishay Precision Group (VPG) Expected to Announce Quarterly Earnings on Tuesday

Nov -03

Source: defenseworld.net

Card image cap

Reviewing Vishay Precision Group (NYSE:VPG) and OSI Systems (NASDAQ:OSIS)

Oct -24

Source: defenseworld.net

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (7.35%)

6. Segments

Sensors

Expected Growth: 8.9%

Vishay Precision Group's 8.9% growth in sensors is driven by increasing demand for industrial automation, electrification of transportation, and growth in medical devices. Additionally, advancements in IoT and 5G technologies are fueling demand for high-precision sensors, further boosting the segment's growth.

Weighing Solutions

Expected Growth: 4.73%

Vishay Precision Group's Weighing Solutions segment growth is driven by increasing demand for precision weighing technologies in industrial automation, e-commerce, and healthcare. Additionally, the adoption of IoT and Industry 4.0 technologies fuels growth, as companies seek to optimize supply chain efficiency and improve product quality.

Measurement Systems

Expected Growth: 8.5%

Vishay Precision Group's Measurement Systems segment growth of 8.5% is driven by increasing demand for precision sensors and measurement solutions in industrial automation, medical devices, and aerospace industries. Additionally, the company's strategic acquisitions and investments in new technologies, such as IoT and Industry 4.0, are contributing to its growth momentum.

7. Detailed Products

Resistive Products

Resistive products include resistors, resistor networks, and resistor arrays used in various applications such as automotive, industrial, and consumer electronics.

Inductive Products

Inductive products include inductors, chokes, and transformers used in power management, filtering, and energy storage applications.

Power Inductors

Power inductors are used in power management applications such as DC-DC converters, power supplies, and battery charging systems.

Current Sense Resistors

Current sense resistors are used to measure current in high-power applications such as electric vehicles, renewable energy systems, and industrial power supplies.

Thick Film Resistors

Thick film resistors are used in various applications such as automotive, industrial, and consumer electronics for voltage regulation and signal conditioning.

Thin Film Resistors

Thin film resistors are used in high-reliability applications such as aerospace, defense, and medical devices.

Precision Resistors

Precision resistors are used in high-precision applications such as test and measurement equipment, medical devices, and aerospace systems.

8. Vishay Precision Group, Inc.'s Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for Vishay Precision Group, Inc. is medium due to the availability of alternative products from competitors, but the company's strong brand reputation and quality products mitigate this threat.

Bargaining Power Of Customers

The bargaining power of customers is low for Vishay Precision Group, Inc. due to the company's diverse customer base and lack of concentration, making it difficult for customers to negotiate prices.

Bargaining Power Of Suppliers

The bargaining power of suppliers is medium for Vishay Precision Group, Inc. due to the company's dependence on a few key suppliers, but the company's large scale of operations and long-term contracts mitigate this risk.

Threat Of New Entrants

The threat of new entrants is low for Vishay Precision Group, Inc. due to the high barriers to entry, including significant capital requirements and the need for specialized expertise.

Intensity Of Rivalry

The intensity of rivalry is high for Vishay Precision Group, Inc. due to the competitive nature of the industry, with many established players competing for market share.

9. SWOT Analysis

Strength

Weaknesses

Opportunities

Threats

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 9.81%
Debt Cost 10.04%
Equity Weight 90.19%
Equity Cost 10.14%
WACC 10.13%
Leverage 10.87%

11. Quality Control: Vishay Precision Group, Inc. passed 6 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
M-tron

A-Score: 4.8/10

Value: 3.2

Growth: 9.0

Quality: 7.8

Yield: 0.0

Momentum: 6.0

Volatility: 2.7

1-Year Total Return ->

View Full Report
Stock-Card
Ouster

A-Score: 4.5/10

Value: 6.2

Growth: 5.3

Quality: 4.5

Yield: 0.0

Momentum: 10.0

Volatility: 0.7

1-Year Total Return ->

View Full Report
Stock-Card
CTS

A-Score: 4.4/10

Value: 4.7

Growth: 5.8

Quality: 7.0

Yield: 0.0

Momentum: 2.0

Volatility: 7.0

1-Year Total Return ->

View Full Report
Stock-Card
TTM Technologies

A-Score: 4.2/10

Value: 1.7

Growth: 4.4

Quality: 5.2

Yield: 0.0

Momentum: 10.0

Volatility: 3.7

1-Year Total Return ->

View Full Report
Stock-Card
Vishay Precision Group

A-Score: 4.0/10

Value: 4.5

Growth: 2.9

Quality: 4.6

Yield: 0.0

Momentum: 8.5

Volatility: 3.7

1-Year Total Return ->

View Full Report
Stock-Card
SigmaTron International

A-Score: 3.2/10

Value: 9.3

Growth: 2.2

Quality: 2.5

Yield: 0.0

Momentum: 5.0

Volatility: 0.0

1-Year Total Return ->

View Full Report

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

38.46$

Current Price

38.47$

Potential

-0.00%

Expected Cash-Flows