“We expect that free cash flow will be negatively impacted by the expected high level of capital expenditures for expansion after which we expect to generate increasingly higher levels of free cash.”10-Q · Aug 5, 2026 ↗
Vishay Intertechnology, Inc.
VSH
Market read
Vishay Intertechnology, Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 9 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 6 directly disclosed connections are confirming.
- Expansion spending is weighing on free cash flow as Vishay invests at a higher level of capital expenditures.
- Book-to-bill ratio and backlog increased versus prior fiscal and prior year quarters due to higher order levels.
Invalidation: The isolated read changes if VSH's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 9 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 6 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- Expansion spending is weighing on free cash flow as Vishay invests at a higher level of capital expenditures.
- Book-to-bill ratio and backlog increased versus prior fiscal and prior year quarters due to higher order levels.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Operating margin changed +1.7 percentage points in the latest annual period.
- Capital investment and capacity has repeated favorable evidence across 5 filings.
- Pricing and mix has repeated adverse evidence across 4 filings.
- EV/sales is 49% below the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Sep 11, 2026
33.21Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“SG&A expenses increased versus the prior year periods due to higher stock-based compensation expense, general cost inflation, and a one-time gain recognized in the prior year periods.”10-Q · Aug 5, 2026 ↗
“SG&A expenses increased versus the prior year periods due to higher stock-based compensation expense, general cost inflation, and a one-time gain recognized in the prior year periods.”10-Q · Aug 5, 2026 ↗
“The increases versus the prior fiscal quarter and prior year quarter are primarily due to higher sales volume and improved pricing conditions.”10-Q · Aug 5, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 1.5× · EV/sales 1.6×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for VSH. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for VSH. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind VSH
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
NWPGFiling-linked nameinvesteeFeb 13, 2026 ▾
“In 2024, we acquired Nexperia's wafer fabrication facility and operations located in Newport, South Wales, U.K.”
JPMJPMorgan Chase & Co.lenderMay 13, 2026 ▾
“We maintain a $750 million revolving credit agreement with a consortium of banks led by JPMorgan Chase Bank, N.A., that matures on May 8, 2028.”
Depended on by
AOSLAlpha and Omega Semiconductor LimitedcompetitorAug 28, 2025 ▾
“Our major competitors in power discretes include Infineon Technologies AG, ON Semiconductor Corp., STMicroelectronics N.V., Toshiba Corporation, Diodes Incorporated and Vishay Intertechnology, Inc.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 3 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
VSH is currently a Follower in the organic co-movement group Technology Tilt. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for VSH; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.