Vishay Precision Group, Inc. (VPG) intrinsic value & 10-year financials

Vishay Precision Group, Inc. (VPG) has a Graham intrinsic value of $1.55 per share. At $60.40 on Oct 17, 2026, the stock trades 3797% above that value. Over the last 10 fiscal years revenue grew 3.5% a year to $307.2M, with an average return on invested capital of 8.8%.

Graham intrinsic value
$1.55
Share price (Oct 17, 2026)
$60.40
Price vs Graham value
3797% above
Market cap
$804.2M
Revenue (FY2025)
$307.2M
Revenue growth (10-yr CAGR)
3.5%
ROIC (10-yr avg)
8.8%
Free cash flow (FY2025)
$6.4M

VPG 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $307.2M $5.3M $0.40 $6.4M 4.5% 2.9%
FY2024 $306.5M $9.9M $0.74 $10.7M 5.5% 3.2%
FY2023 $355.0M $25.7M $1.88 $30.7M 11.8% 9.4%
FY2022 $362.6M $36.1M $2.63 $11.7M 12.1% 12.3%
FY2021 $317.9M $20.2M $1.48 $16.0M 8.6% 8.6%
FY2020 $269.8M $10.8M $0.79 $11.0M 8.4% 6.3%
FY2019 $284.0M $22.2M $1.63 $20.4M 10.1% 13.4%
FY2018 $299.8M $23.6M $1.75 $22.1M 12.4% 16.9%
FY2017 $254.3M $14.3M $1.07 $12.6M 8.5% 10.1%
FY2016 $224.9M $6.4M $0.48 $995.0K 4.8% 4.8%

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

Vishay Precision Group, Inc. has demonstrated mature, steady growth, with revenue compounding at 3.5% annually over the past decade.

Vishay Precision Group, Inc. returns on capital have been average, hovering around 8.8% ROIC over the decade.

Vishay Precision Group, Inc. has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, Vishay Precision Group, Inc. is modeled at -2.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $1.55 per share.

VPG stock: frequently asked questions

What is the intrinsic value of Vishay Precision Group, Inc. (VPG) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a -2.0% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, VPG's intrinsic value is about $1.55 per share.

Is VPG stock undervalued?

At $60.40 (close on Oct 17, 2026), VPG trades 3797% above its Graham value of $1.55. On Graham's terms the shares look fully priced. A formula is a starting point for research, not a recommendation.

How fast has Vishay Precision Group, Inc. grown?

Revenue went from $224.9M in fiscal 2016 to $307.2M in fiscal 2025, a compound annual growth rate of 3.5%. Net income was $5.3M in fiscal 2025.

Does Vishay Precision Group, Inc. generate free cash flow?

Vishay Precision Group, Inc. generated $6.4M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 10 of the last 10 reported years.

What is VPG's return on invested capital?

Average ROIC over the last 10 fiscal years was 8.8%, and average return on equity was 7.0%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this VPG data come from?

From Vishay Precision Group, Inc.'s annual 10-K filings on SEC EDGAR. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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