Vishay Intertechnology, Inc. logo VSH - Vishay Intertechnology, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 4
HOLD 4
SELL 2
STRONG
SELL
0
| PRICE TARGET: $25.00 DETAILS
HIGH: $25.00
LOW: $25.00
MEDIAN: $25.00
CONSENSUS: $25.00
DOWNSIDE: 47.09%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Cyclical & Capital-Intensive 80% confidence

Primary model: Normalized Earnings × Cycle Multiple

Valuation Signal Overvalued Strong
Trading 72.4% above fair value
Current Price $47.25
Bear Case $19.38 59.0% downside ($19.38 - $47.25) / $47.25 = -59.0% $2.05 × 12x + net cash
Fair Value $27.40 42.0% downside ($27.40 - $47.25) / $47.25 = -42.0% $2.05 × 16x + net cash
Bull Case $35.42 25.0% downside ($35.42 - $47.25) / $47.25 = -25.0% $2.05 × 20x + net cash

Adjust Assumptions

16.0x
2.05$

Key Value Driver

Through-cycle normalized EPS ($2.05)

Implied Market Multiple 23.0x

Plain-Language Summary

Our base-case estimate uses Normalized Earnings × Cycle Multiple. We then blend that result with the average analyst price target of $25.00 from 10 analysts, using a 20% weight on analyst consensus. That produces an estimated intrinsic value of $27.40 per share.

Warnings

Price-to-book value of 3.5x is above the normal range for this type of business (0.7x-2.0x). The stock may already price in a strong cycle.

Key Risks

  • Standard 10-year DCF produces unreliable terminal values for cyclicals
  • 'Cheap' P/E at cycle peak is the most common value trap — normalize first
  • Captive finance subsidiaries have different risk profiles from manufacturing