Vishay Intertechnology Inc Dossier
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SectorInformation Technology IndustrySemiconductors Beta (adjusted)1.54 Intrinsic Value Insufficient data for a value estimateNot enough reliable inputs to publish a fair value for this company yet. Market Price $32.55Price as of 30 Sep 2026 Data confidence Sign in to view data confidence Market Cap $5B Enterprise Value $4.7B Shares Outstanding 142.7M diluted Moat Rating None Next Earnings Date4 Nov 2026 Last ex-dividend10 Sep 2026 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary Vishay Intertechnology is executing its 'Vishay 3.0' transformation strategy, focusing on expanding capacity for high-growth, high-margin products in automotive electrification, industrial power, and AI-related systems. While Q1 2026 results demonstrated strong cyclical recovery with a book-to-bill ratio of 1.34 and revenue growth of 17.3% YoY, the stock has experienced a massive run-up, trading significantly above its historical averages and consensus analyst price targets. The tension between heavy capital expenditure commitments and near-term free cash flow pressure, combined with high valuation multiples relative to historical medians, suggests a balanced risk-reward profile at current levels. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Street view · analyst 12-month targets Low · most bearish analyst$26.00 Mean target$39.00 High · most bullish analyst$45.00 Our research · scenarios, merits, risks, and invalidation triggersResearch as of 18 Sep 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario $26.0020% Macroeconomic headwinds or slower-than-expected EV adoption lead to inventory digestion and lower factory utilization. High fixed costs from recent capacity expansions depress operating margins, and persistent negative free cash flow strains the balance sheet, causing the stock to re-rate toward its historical valuation multiples. Base CaseCentral scenario $39.0050% Matches the consensus meanVishay steadily ramps its expanded facilities, including the Newport fab, while maintaining stable gross margins around 21-22%. Industrial and automotive markets undergo a gradual cyclical recovery, supporting full-year revenue guidance of $3.42 billion and EPS of $0.58, while heavy capex continues to limit near-term free cash flow. Bull CaseUpside scenario $45.0030% Accelerating demand in AI data centers, smart grid infrastructure, and EV power electronics drives rapid utilization of newly expanded capacity. Gross margins expand beyond 22% due to strong operating leverage and favorable product mix shift toward high-voltage inductors and Gen 7 rectifiers, leading to significant earnings outperformance. Scenarios are anchored to street consensus at the research date, with our probabilities and rationale. Key Investment Merits
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All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |