NYSE · VSH
Vishay Intertechnology, Inc.
Technology · Semiconductors
$33.14▲ 1.59% ($0.52)at close
After hours$33.30▲ 0.48%7:50 PM ET
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock rose 115.76% over the last year. Revenue grew 42.05% over the trailing twelve months. Operating margin moved from -1.78% to 3.17%. Free cash flow grew 96.61% over the trailing twelve months.
What the market seems to be pricing
The stock is trading toward the richer end of its historical P/E range (97th percentile) while business metrics are improving. More of the upside is already embedded in the multiple now.
What would invalidate this read
Operating margin is at 3.17% — continued expansion would be needed to justify the premium. Revenue growth of 42.05% is encouraging, but any deceleration puts the stretched multiple at risk. This read changes if revenue, margins, and cash flow continue to improve faster than expected — in that case the richer multiple could still prove conservative.
Performance
Return analysis
Company profile
Vishay Intertechnology, Inc. is a global manufacturer and supplier of discrete semiconductors and passive electronic components, serving customers across Asia, Europe, and the Americas.
Market multiples
Stock splits
Every 2 shares became 3
Every 4 shares became 5
Every 20 shares became 21
Every 20 shares became 21
Every 20 shares became 21
Every 1 shares became 2
Every 20 shares became 21
Every 20 shares became 21
Profitability & growth
Analyst consensus
4
Buy
4
Hold
2
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Nov 4, 2026
Q4 FY26 · EPS est $0.29 · Revenue est $963.19M
View
Dividends
$0.40/shareQuarterlyDividend Achiever · 11yrAt RiskVSH pays a dividend with a 1.21% dividend yield, 11 consecutive years of growth, growing at 1.03% annually, covered -1.8× by free cash flow.
Dividend Yield
1.21%
Annual Div / Share
$0.40
5yr CAGR
+1.03%
Doubles every ~67.6yr
Payout Ratio
152.81%
At Risk
Dividend Growth Rate
3yr CAGR
+0%
5yr CAGR
+1.03%
10yr CAGR
+4.92%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$1/mo
In 5 yrs
$1/mo
In 10 yrs
$1/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$12/yr $1/mo | $13/yr+5% $1/mo | $13/yr+11% $1/mo |
Yield-on-cost grows from 1.21% → 1.34% over 10yr
Analysis
Dividend Strengths
Dividend Achiever
VSH has raised its dividend for 11 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Risks to Watch
High payout ratio
With 152.81% of earnings paid as dividends, there is limited retained earnings for reinvestment — and a dividend cut becomes more likely if earnings decline.
Dividend exceeds free cash flow
Free cash flow covers only -1.80× the dividend. The company is paying out more than it generates in cash, which is unsustainable without borrowing or asset sales.