Vishay Precision Group: Significant Growth Trajectory With Expanding Profit Margin

Nov. 30, 2022 3:26 PM ETVishay Precision Group, Inc. (VPG)2 Comments
Mayank N. Sharma profile picture
Mayank N. Sharma
414 Followers

Summary

  • VPG recently reported the third quarter 2022 results beating the market EPS estimates by a significant 9.5%.
  • The sensors segment proved to be an outperformer with expanding gross profit margins and strong demand experienced by the advanced sensor products.
  • VPG is highly undervalued at the current price levels, with a forward P/E multiple of 15x and a forward PEG ratio of 0.80x.
  • I assign a buy rating for APG.

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Investment Thesis

Vishay Precision Group, Inc. (NYSE:VPG) is a global company involved in precision measurement sensing technologies with its headquarters in Malvern, United States. In this thesis, I will mainly analyze the company’s Q3 2022 results and

Brand classification

Investor Relation APG

Quant Rating

Seeking Alpha

This article was written by

Mayank N. Sharma profile picture
414 Followers
I am an Equity Research Analyst. I have a passion in researching undervalued companies with high growth potential. Having 4 years of fundamental analysis experience at hand, I look forward to keep investors informed about the lucrative investment opportunities in the Equity market.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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