Vishay Precision Group (VPG – Q4FY19 & FY19) – VPG revenues tumble 5%, hopes on acquisitions and restructuring actions.

VPG declared its acquisition of the New York-based Dynamic Systems, Inc. or DSI for a purchase price of $41mn. DSI is a specialized provider of dynamic thermal-mechanical test and simulation systems used to develop new metal alloys and optimize processes. DSI achieved annual sales of $16mn over the past three years and had high EBITDA margins.

 Executive Summary

 Financial Statements

– Income Statement and Forecast
– Balance Sheet
– Cash Flow
– Results Overview
– Company Overview
– Geographic Performance
– Segment Performance
– Guidance
– Conclusion
– GAAP to Non-GAAP Reconciliation

Historical Performance

– Key Ratios
– Profitability Ratios, Asset Turnover Ratio, Growth Ratio
– DuPont Analysis
– ROIC
– P/E Band
– Per Share Data

Product Performance and Key Developments

– Ownership
– Competitors
– Key Developments

Valuation and Consensus Performance

– Consensus view and analyst trend on stock
– Analyst Recommendations

Market Price Performance