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Vishay Intertechnology, Inc.

VSH

Technology · 33.21 +6.1% today

Isolated · not yet confirmedMarket checked 11 Sept, 15:55 GMT-4

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.

Company+6.1% todayVolume comparison unavailable
Market group0 of 9 activeTechnology Tilt · unavailable
Disclosed network0 of 6 confirmingNo filing-linked name is confirming now
What would change this read
  • 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.

Watch this read

Research brief

The story so far

Technology · Semiconductors

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.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • 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

As of Sep 12, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations328
Usable filing statements153
Verified relationships6
Evidence supporting the case
  • Operating margin changed +1.7 percentage points in the latest annual period.
  • Capital investment and capacity has repeated favorable evidence across 5 filings.
Evidence challenging the case
  • Pricing and mix has repeated adverse evidence across 4 filings.
Questions before a position
  • EV/sales is 49% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 11, 2026

33.21
6m+93.6%12m+117.2%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$3.2B+29.5%$2.05+0.2%
2022-12-31$3.5B+7.9%$2.98-1.1%
2023-12-31$3.4B-2.7%$2.31-2.5%
2024-12-31$2.9B-13.7%$-0.23-2.3%
2025-12-31$3.1B+4.5%$-0.07-0.9%

What management says matters

Persistent and emerging business drivers

Capital investment and capacitypositive · 5 filings
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
Input and raw-material costsmixed · 5 filings
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
Macroeconomic conditionsmixed · 5 filings
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
Pricing and mixmixed · 4 filings
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.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

33.21+6.1% today

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.