Vishay Intertechnology, Inc. (VSH) Stock

Vishay Intertechnology, Inc. (VSH) is a Technology stock trading at $31.82 (as of 2026-08-20), with a market capitalization of $4.71B and a trailing P/E of 136.1. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Vishay Intertechnology, Inc. manufactures and supplies discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. It operates through six segments: Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors. The MOSFETs segment offers low- and medium-voltage TrenchFET MOSFETs, high-voltage planar MOSFETs, high voltage Super Junction MOSFETs, power integrated circuits, and integrated function power devices. The Diodes segment provides rectifiers, small signal diodes, protection diodes, thyristors/silicon-controlled rectifiers, and power modules. The Optoelectronic Components segment contains standard and customer specific optoelectronic components, such as infrared (IR) emitters and detectors, IR remote control receivers, optocouplers, solid-state relays, optical sensors, light-emitting diodes, 7-segment displays, and IR data transceiver modules. The Resistors segment offers resistors, which are basic components used in various forms of electronic circuitry to adjust and regulate levels of voltage and current. The Inductors segment provides inductors for use as an internal magnetic field to change alternating current phase and resist alternating current. The Capacitors segment offers capacitors, which store energy and discharge it when needed. The company sells its products under Siliconix, Dale, Draloric, Beyschlag, Sfernice, MCB, UltraSource, Applied Thin-Film Products, IHLP, HiRel Systems, Sprague, Vitramon, Barry, Roederstein, ESTA, and BCcomponents brands. It serves industrial, computing, automotive, consumer, telecommunications, power supplies, military, aerospace, and medical end markets. Vishay Intertechnology, Inc. was incorporated in 1962 and is headquartered in Malvern, Pennsylvania.

Understand Vishay Intertechnology, Inc.: how it makes money

Vishay Intertechnology makes and supplies discrete semiconductors and passive electronic components, and it earns money by selling products across segments such as MOSFETs, diodes, resistors, inductors, capacitors, and optoelectronic components.

Profitability and cash generation are structurally driven by how quickly demand turns into shipped revenue (book-to-bill) and by how efficiently the company manages working capital (inventory levels and the cash conversion cycle).

Revenue by segment (latest quarter)
MOSFETs$0.2B
Diodes$0.2B
Resistors$0.2B
Caps$0.1B
Inductors$0.1B
Opto$0.1B

Business quality (Weak): In the latest period, gross margin is 21.0% but operating margin is 2.6%, so results depend heavily on cost control and working capital execution. Book-to-bill (consolidated) is above 1, while working capital metrics show a longer cash conversion cycle.

Valuation: At 6387× earnings, VSH trades 12346% above the Semiconductors average (51×). Note: one-time items can distort reported P/E.

Bull case

  • Demand conversion signal: Book-to-Bill Ratio (Consolidated) is 1.34, indicating orders are higher than revenue in the measurement period.
  • End market diversification: Automotive end market revenue share is 37% and industrial end market revenue share is 34%.

Bear case

  • Low operating profitability: Operating margin is 2.6%, which can leave less room for volatility in costs or demand.
  • Working capital intensity: Inventory is 0.76 and Cash Conversion Cycle is 125.0 days, which can pressure cash generation if inventories build or sell-through slows.
Valuation — source: SEC EDGAR (first-party)
Price$31.82
Market Cap$4.71B
P/E Ratio136.1
EV / EBITDA12.9
Price / Book1.62
Price / Sales1.40
FCF Yield-5.8%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$3.07B
Net Margin-0.3%
Revenue Growth (YoY)4.5%
EPS Growth (YoY)-69.6%
FCF Growth (YoY)-39.2%
Financial Health — source: SEC EDGAR
Altman Z-Score2.60 (grey)
Piotroski F-Score5/9 (moderate)
Valuation vs Sector & Industry
Stock P/E136.1
Sector P/E (Technology)33.9
Industry P/E (Electronic Equipment)39.4
vs Sector301.2%
vs Industry245.6%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($327.68M)
Institutional Holders Tracked10
Congressional Trades (recent)3
Company
SectorTechnology
IndustryElectronic Equipment
CEOJoel Smejkal
Employees22,700
CountryUS
IPO Date1980-03-17

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VSH earnings history · VSH institutional & insider holders · VSH KPIs & operating metrics · VSH financials · VSH investor presentations & press releases · VSH SEC filings · VSH peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.