Vishay Intertechnology, Inc. (VSH) Key Metrics
VSH valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $4.25B
- Enterprise value
- $4.79B
- P/E (TTM)
- 145.8 10-yr median 10.7
- Forward P/E
- 18.9
- PEG ratio
- 1.89
- Price / sales
- 1.3 10-yr median 1.0
- Price / book
- 1.7 10-yr median 1.7
- EV / EBITDA
- 14.0 10-yr median 5.8
- Dividend yield
- 1.33% $0.40 a year
- Beta
- 1.79
VSH key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsVSH valuation Price multiples at each fiscal year-end price.
VSH returns How much profit the business earns on the capital it uses.
VSH per-share figures Results divided by the shares outstanding at year-end.
VSH financial health Debt, liquidity and how easily interest is covered.
VSH efficiency & capital use Working capital cycle and where the cash goes.
VSH valuation history
VSH returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
VSH debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
VSH cash returned to shareholders
VSH price vs earnings per share
VSH key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $1.97B | $2.32B | $3.36B | $3.10B | $3.18B | $3.01B | $3.09B | $2.78B | $3.02B | $2.44B |
| Enterprise value | $2.62B | $2.74B | $3.30B | $2.82B | $2.84B | $2.73B | $2.88B | $2.51B | $2.10B | $1.70B |
| P/E ratio | — | — | 10.4 | 7.2 | 10.7 | 24.5 | 18.8 | 8.1 | — | 50.0 |
| Price / sales | 0.6 | 0.8 | 1.0 | 0.9 | 1.0 | 1.2 | 1.2 | 0.9 | 1.2 | 1.1 |
| Price / book | 0.9 | 1.1 | 1.5 | 1.5 | 1.8 | 1.9 | 2.1 | 2.0 | 1.8 | 1.5 |
| Price / free cash flow | — | — | 92.6 | 19.5 | 13.3 | 15.7 | 22.1 | 97.3 | 15.2 | 15.1 |
| Price / operating cash flow | 10.7 | 13.4 | 9.2 | 6.4 | 7.0 | 9.6 | 10.4 | 10.8 | 8.2 | 8.2 |
| EV / sales | 0.9 | 0.9 | 1.0 | 0.8 | 0.9 | 1.1 | 1.1 | 0.8 | 0.8 | 0.7 |
| EV / EBITDA | 9.1 | 11.6 | 6.8 | 3.6 | 4.6 | 7.7 | 6.8 | 4.0 | 4.3 | 4.8 |
| EV / free cash flow | — | — | 90.9 | 17.8 | 11.9 | 14.3 | 20.6 | 87.9 | 10.6 | 10.5 |
| Earnings yield | −0.5% | −1.3% | 9.6% | 13.8% | 9.4% | 4.1% | 5.3% | 12.4% | −0.7% | 2.0% |
| Free cash flow yield | −4.5% | −6.3% | 1.1% | 5.1% | 7.5% | 6.4% | 4.5% | 1.0% | 6.6% | 6.6% |
| Dividend yield | 2.5% | 2.4% | 1.7% | 1.8% | 1.8% | 1.8% | 1.7% | 1.7% | 1.2% | 1.5% |
| Shareholder yield (dividends + buybacks) | 3.1% | 4.5% | 6.8% | 4.5% | 1.8% | 1.9% | 1.8% | 1.8% | 2.5% | 2.5% |
| Share price at fiscal year-end | $14.49 | $16.94 | $23.97 | $21.57 | $21.87 | $20.71 | $21.29 | $18.01 | $20.75 | $16.20 |
| Per share | ||||||||||
| Revenue per share | $22.61 | $21.45 | $24.26 | $24.30 | $22.27 | $17.23 | $18.38 | $19.63 | $17.88 | $15.42 |
| Earnings per share | −$0.07 | −$0.23 | $2.31 | $2.98 | $2.05 | $0.85 | $1.13 | $2.24 | −$0.14 | $0.32 |
| Operating cash flow per share | $1.36 | $1.27 | $2.61 | $3.37 | $3.14 | $2.17 | $2.04 | $1.67 | $2.53 | $1.96 |
| Free cash flow per share | −$0.66 | −$1.07 | $0.26 | $1.10 | $1.64 | $1.32 | $0.96 | $0.19 | $1.36 | $1.07 |
| Cash per share | $3.80 | $4.43 | $7.19 | $6.37 | $6.33 | $5.36 | $5.53 | $4.94 | $8.89 | $7.29 |
| Book value per share | $15.38 | $14.81 | $15.66 | $14.22 | $11.98 | $10.85 | $10.23 | $8.95 | $11.54 | $10.98 |
| Tangible book value per share | $13.48 | $12.87 | $13.71 | $12.28 | $10.38 | $9.31 | $8.78 | $7.57 | $10.08 | $9.48 |
| Dividends per share | $0.36 | $0.40 | $0.40 | $0.40 | $0.38 | $0.38 | $0.37 | $0.30 | $0.25 | $0.24 |
| Capex per share | $2.01 | $2.34 | $2.35 | $2.26 | $1.50 | $0.85 | $1.08 | $1.49 | $1.17 | $0.89 |
| Debt per share | $8.61 | $7.48 | $6.76 | $4.41 | $3.98 | $3.46 | $4.12 | $3.20 | $2.54 | $2.37 |
| Shares outstanding | 135.7M | 137.0M | 140.2M | 143.9M | 145.5M | 145.2M | 145.1M | 154.6M | 145.6M | 150.7M |
| Change in shares outstanding | −0.9% | −2.3% | −2.5% | −1.1% | +0.2% | +0.1% | −6.1% | +6.2% | −3.4% | +2.0% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −0.4% | −1.5% | 15.3% | 22.6% | 17.9% | 8.0% | 11.4% | 22.6% | −1.2% | 3.0% |
| Return on invested capital (ROIC) | 1.1% | 0.2% | 17.4% | 28.2% | 23.8% | 12.7% | 16.0% | 43.1% | 18.7% | 5.7% |
| Return on assets (ROA) | −0.2% | −0.7% | 8.0% | 11.6% | 8.9% | 3.9% | 5.3% | 10.5% | −0.6% | 1.6% |
| Return on tangible assets | −0.2% | −0.8% | 8.2% | 12.0% | 9.0% | 4.2% | 5.6% | 12.0% | −0.6% | 1.7% |
| Free cash flow margin | −2.9% | −5.0% | 1.1% | 4.5% | 7.4% | 7.6% | 5.2% | 0.9% | 7.6% | 6.9% |
| Income quality (OCF / net income) | — | — | 1.13 | 1.13 | 1.53 | 2.56 | 1.81 | 0.75 | — | 6.07 |
| Financial health | ||||||||||
| Total debt | $1.17B | $1.03B | $947.5M | $634.7M | $579.0M | $503.2M | $597.9M | $494.5M | $370.5M | $357.0M |
| Cash & short-term investments | $515.2M | $606.4M | $1.01B | $916.1M | $920.9M | $778.4M | $803.0M | $764.3M | $1.30B | $1.10B |
| Net debt | $653.8M | $418.7M | −$61.0M | −$281.3M | −$341.8M | −$275.2M | −$205.1M | −$269.8M | −$924.7M | −$741.4M |
| Debt / equity | 0.56 | 0.51 | 0.43 | 0.31 | 0.33 | 0.32 | 0.40 | 0.36 | 0.22 | 0.22 |
| Debt / assets | 0.28 | 0.25 | 0.22 | 0.16 | 0.16 | 0.16 | 0.19 | 0.16 | 0.11 | 0.12 |
| Net debt / EBITDA | 2.26 | 1.78 | −0.13 | −0.36 | −0.55 | −0.77 | −0.48 | −0.43 | −1.90 | −2.08 |
| Current ratio | 2.62 | 2.70 | 3.32 | 2.92 | 2.90 | 3.02 | 3.27 | 2.77 | 3.88 | 4.08 |
| Quick ratio | 1.57 | 1.73 | 2.38 | 2.07 | 2.12 | 2.22 | 2.44 | 2.02 | 3.11 | 3.25 |
| Interest coverage | 1.5 | 0.2 | 19.3 | 35.9 | 26.7 | 6.6 | 7.8 | 13.2 | 11.2 | 4.0 |
| Working capital | $1.17B | $1.21B | $1.61B | $1.39B | $1.32B | $1.13B | $1.18B | $1.14B | $1.63B | $1.41B |
| Invested capital | $2.74B | $2.45B | $2.14B | $1.76B | $1.40B | $1.30B | $1.28B | $1.11B | $755.5M | $912.8M |
| Tangible asset value | $1.83B | $1.76B | $1.93B | $1.77B | $1.51B | $1.35B | $1.28B | $1.17B | $1.47B | $1.43B |
| Net current asset value | −$258.6M | −$166.2M | $258.0M | $305.7M | $214.0M | $122.0M | $71.2M | $64.4M | $415.4M | $446.3M |
| Graham number | — | — | $28.52 | $30.87 | $23.50 | $14.38 | $16.13 | $21.22 | — | $8.94 |
| Graham net-net per share | −$7.11 | −$6.05 | −$2.76 | −$1.93 | −$2.13 | −$2.20 | −$2.54 | −$2.70 | −$0.06 | $0.51 |
| Capital allocation | ||||||||||
| Dividends paid | $49.4M | $54.7M | $55.6M | $57.2M | $55.8M | $55.0M | $53.4M | $46.5M | $37.0M | $36.7M |
| Share buybacks (net) | $12.5M | $50.4M | $172.9M | $83.0M | $2.0M | $2.0M | $2.7M | $2.3M | $39.9M | $23.2M |
| Dividend payout ratio | — | — | 17.2% | 13.3% | 18.7% | 44.7% | 32.6% | 13.5% | — | 75.3% |
| Dividends + buybacks / free cash flow | — | — | 629.6% | 88.2% | 24.2% | 29.8% | 40.2% | 170.6% | 38.8% | 37.1% |
| Capex / revenue | 8.9% | 10.9% | 9.7% | 9.3% | 6.7% | 4.9% | 5.9% | 7.6% | 6.5% | 5.8% |
| Capex / operating cash flow | 148.3% | 184.3% | 90.1% | 67.2% | 47.8% | 39.2% | 52.8% | 88.9% | 46.2% | 45.5% |
| Capex / depreciation | 1.22 | 1.52 | 1.79 | 1.98 | 1.31 | 0.74 | 0.95 | 1.42 | 1.04 | 0.84 |
| Stock-based compensation / revenue | 0.7% | 0.7% | 0.5% | 0.2% | 0.7% | 1.4% | 1.0% | 0.2% | 0.2% | 0.3% |
| R&D / revenue | 4.0% | 4.1% | 2.9% | 2.3% | 2.4% | 2.8% | 2.6% | 2.4% | 2.6% | 2.9% |
| SG&A / revenue | 17.5% | 17.5% | 14.1% | 12.7% | 13.0% | 14.8% | 14.4% | 13.3% | 14.5% | 15.8% |
| Efficiency | ||||||||||
| Days sales outstanding | 46.6 | 51.5 | 45.2 | 42.4 | 41.4 | 48.6 | 49.6 | 44.3 | 43.0 | 42.9 |
| Days of inventory on hand | 106.9 | 105.6 | 95.2 | 86.5 | 76.4 | 83.6 | 83.3 | 77.9 | 78.4 | 83.4 |
| Days payables outstanding | 31.8 | 32.2 | 28.6 | 33.2 | 34.9 | 35.2 | 35.8 | 37.5 | 38.0 | 34.5 |
| Cash conversion cycle (days) | 121.6 | 124.9 | 111.8 | 95.7 | 82.9 | 97.1 | 97.0 | 84.8 | 83.4 | 91.9 |
| Receivables turnover | 7.83 | 7.09 | 8.07 | 8.61 | 8.82 | 7.50 | 7.36 | 8.23 | 8.48 | 8.50 |
| Payables turnover | 11.47 | 11.35 | 12.77 | 11.00 | 10.45 | 10.38 | 10.18 | 9.74 | 9.60 | 10.59 |
| Inventory turnover | 3.42 | 3.46 | 3.83 | 4.22 | 4.78 | 4.36 | 4.38 | 4.68 | 4.66 | 4.37 |
| Asset turnover | 0.74 | 0.70 | 0.84 | 0.94 | 0.97 | 0.80 | 0.86 | 0.92 | 0.80 | 0.75 |
| Average receivables | $391.9M | $414.3M | $421.4M | $406.3M | $367.5M | $333.4M | $362.6M | $368.5M | $307.0M | $273.3M |
| Average payables | $215.6M | $203.7M | $190.1M | $221.6M | $225.1M | $185.1M | $196.1M | $220.3M | $198.2M | $165.7M |
| Average inventory | $724.3M | $668.5M | $633.2M | $577.7M | $492.4M | $440.0M | $455.7M | $458.2M | $409.0M | $400.9M |
| Intangibles / total assets | 6.1% | 6.5% | 6.5% | 7.2% | 6.6% | 7.1% | 6.8% | 6.9% | 6.1% | 7.3% |
Computed from VSH's annual financial statements (latest annual report filed February 13, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
VSH valuation and financial ratios
Based on the latest twelve months, the trailing P/E is 145.8 and the forward P/E is 18.9. Vishay Intertechnology earned a return on equity of −0.4% and a return on invested capital of 1.1% in fiscal 2025. It ended the year with $1.2 billion of debt and $515.2 million in cash and short-term investments, net debt of $653.8 million. It returned $61.9 million to shareholders: $49.4 million in dividends and $12.5 million in share buybacks. The share count fell 9.9% from 150.7M to 135.7M over 9 years.
See the VSH income statement, the VSH chart for price history, or the VSH stock overview for the latest quote and news.
VSH key metrics FAQ
What is Vishay Intertechnology's P/E ratio?
Vishay Intertechnology's trailing P/E ratio is 145.8 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 18.9. At the end of fiscal 2025 it was —, compared with a 10-year median of 10.7.
What is Vishay Intertechnology's EV/EBITDA?
Vishay Intertechnology's enterprise value was 9.1 times EBITDA at the end of fiscal 2025 (enterprise value $2.6 billion, EBITDA $288.9 million); the current EV/EBITDA is 14.0.
What is Vishay Intertechnology's return on equity?
Vishay Intertechnology's return on equity (ROE) was −0.4% in fiscal 2025: net income of -$9.0 million on average shareholders' equity of $2.1 billion.
What is Vishay Intertechnology's ROIC?
Vishay Intertechnology's return on invested capital was 1.1% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Vishay Intertechnology have?
Vishay Intertechnology had total debt of $1.2 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.56 and $653.8 million of net debt (2.26 times EBITDA).
What is Vishay Intertechnology's dividend yield?
Vishay Intertechnology's forward dividend yield is 1.33%. Vishay Intertechnology paid $49.4 million in dividends in fiscal 2025 ($0.36 per share), a payout ratio of —.
Does Vishay Intertechnology buy back its shares?
Yes. Vishay Intertechnology spent $12.5 million on net share repurchases in fiscal 2025 Shares outstanding changed −0.9% over the year, to 135.7M..
What is Vishay Intertechnology's free cash flow yield?
Vishay Intertechnology generated -$89.0 million of free cash flow in fiscal 2025, a free cash flow yield of −4.5% on its market value at year-end ($2.0 billion).
What is Vishay Intertechnology's current ratio?
Vishay Intertechnology's current ratio was 2.62 at the end of fiscal 2025: current assets were 2.62 times current liabilities.