Vishay Intertechnology Inc (VSH) - Net Assets
Based on the latest financial reports, Vishay Intertechnology Inc (VSH) has net assets worth $2.91 Billion USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.16 Billion) and total liabilities ($2.24 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check VSH strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.91 Billion |
| % of Total Assets | 56.49% |
| Annual Growth Rate | 9.33% |
| 5-Year Change | 19.55% |
| 10-Year Change | 25.83% |
| Growth Volatility | 23.32 |
Vishay Intertechnology Inc - Net Assets Trend (1985–2025)
This chart illustrates how Vishay Intertechnology Inc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see VSH market cap overview.
Annual Net Assets for Vishay Intertechnology Inc (1985–2025)
The table below shows the annual net assets of Vishay Intertechnology Inc from 1985 to 2025. Also explore VSH year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $2.09 Billion | +2.92% |
| 2024-12-31 | $2.03 Billion | -7.81% |
| 2023-12-31 | $2.20 Billion | +7.35% |
| 2022-12-31 | $2.05 Billion | +17.37% |
| 2021-12-31 | $1.75 Billion | +10.61% |
| 2020-12-31 | $1.58 Billion | +6.14% |
| 2019-12-31 | $1.49 Billion | +7.30% |
| 2018-12-31 | $1.39 Billion | -17.57% |
| 2017-12-31 | $1.68 Billion | +1.36% |
| 2016-12-31 | $1.66 Billion | +1.94% |
| 2015-12-31 | $1.63 Billion | -11.08% |
| 2014-12-31 | $1.83 Billion | -2.52% |
| 2013-12-31 | $1.88 Billion | +15.35% |
| 2012-12-31 | $1.63 Billion | +1.25% |
| 2011-12-31 | $1.61 Billion | +7.41% |
| 2010-12-31 | $1.50 Billion | -1.61% |
| 2009-12-31 | $1.52 Billion | -1.83% |
| 2008-12-31 | $1.55 Billion | -53.90% |
| 2007-12-31 | $3.36 Billion | +8.96% |
| 2006-12-31 | $3.09 Billion | +7.89% |
| 2005-12-31 | $2.86 Billion | -0.28% |
| 2004-12-31 | $2.87 Billion | +10.42% |
| 2003-12-31 | $2.60 Billion | +6.67% |
| 2002-12-31 | $2.43 Billion | +0.07% |
| 2001-12-31 | $2.43 Billion | +28.24% |
| 2000-12-31 | $1.90 Billion | +76.46% |
| 1999-12-31 | $1.08 Billion | +1.98% |
| 1998-12-31 | $1.05 Billion | +9.87% |
| 1997-12-31 | $959.65 Million | +1.53% |
| 1996-12-31 | $945.23 Million | +4.12% |
| 1995-12-31 | $907.85 Million | +60.66% |
| 1994-12-31 | $565.09 Million | +50.09% |
| 1993-12-31 | $376.50 Million | +8.63% |
| 1992-12-31 | $346.60 Million | +72.10% |
| 1991-12-31 | $201.40 Million | +13.27% |
| 1990-12-31 | $177.80 Million | +50.68% |
| 1989-12-31 | $118.00 Million | +12.92% |
| 1988-12-31 | $104.50 Million | +10.58% |
| 1987-12-31 | $94.50 Million | +21.78% |
| 1986-12-31 | $77.60 Million | +31.75% |
| 1985-12-31 | $58.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vishay Intertechnology Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2571.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $892.23 Million | 42.73% |
| Common Stock | $13.56 Million | 0.65% |
| Other Comprehensive Income | $81.39 Million | 3.90% |
| Other Components | $1.10 Billion | 52.73% |
| Total Equity | $2.09 Billion | 100.00% |
Vishay Intertechnology Inc Competitors by Market Cap
The table below lists competitors of Vishay Intertechnology Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Boc International China Co Ltd
SHG:601696
|
$4.59 Billion |
|
Golar LNG Limited
NASDAQ:GLNG
|
$4.59 Billion |
|
China Nuclear Engineering Co
SHG:601611
|
$4.60 Billion |
|
Olympic Circuit Technology Co Ltd
SHG:603920
|
$4.60 Billion |
|
GEM CO. LTD SP.GDR/10 A
F:3730
|
$4.59 Billion |
|
AIXTRON SE
XETRA:AIXA
|
$4.59 Billion |
|
Core Natural Resources, Inc.
NYSE:CNR
|
$4.59 Billion |
|
Ollie's Bargain Outlet Hldg
NASDAQ:OLLI
|
$4.58 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vishay Intertechnology Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,028,962,000 to 2,088,273,000, a change of 59,311,000 (2.9%).
- Net loss of 8,978,000 reduced equity.
- Dividend payments of 49,399,000 reduced retained earnings.
- Share repurchases of 12,528,000 reduced equity.
- Other comprehensive income increased equity by 116,686,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-8.98 Million | -0.43% |
| Dividends Paid | $49.40 Million | -2.37% |
| Share Repurchases | $12.53 Million | -0.6% |
| Other Comprehensive Income | $116.69 Million | +5.59% |
| Other Changes | $13.53 Million | +0.65% |
| Total Change | $- | 2.92% |
Book Value vs Market Value Analysis
This analysis compares Vishay Intertechnology Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.11x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 34.22x to 2.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $0.95 | $32.51 | x |
| 1986-12-31 | $1.29 | $32.51 | x |
| 1987-12-31 | $1.46 | $32.51 | x |
| 1988-12-31 | $1.68 | $32.51 | x |
| 1989-12-31 | $1.79 | $32.51 | x |
| 1990-12-31 | $2.61 | $32.51 | x |
| 1991-12-31 | $2.60 | $32.51 | x |
| 1992-12-31 | $4.22 | $32.51 | x |
| 1993-12-31 | $3.71 | $32.51 | x |
| 1994-12-31 | $5.30 | $32.51 | x |
| 1995-12-31 | $7.70 | $32.51 | x |
| 1996-12-31 | $7.51 | $32.51 | x |
| 1997-12-31 | $7.56 | $32.51 | x |
| 1998-12-31 | $7.91 | $32.51 | x |
| 1999-12-31 | $7.90 | $32.51 | x |
| 2000-12-31 | $13.34 | $32.51 | x |
| 2001-12-31 | $16.61 | $32.51 | x |
| 2002-12-31 | $15.27 | $32.51 | x |
| 2003-12-31 | $15.67 | $32.51 | x |
| 2004-12-31 | $16.71 | $32.51 | x |
| 2005-12-31 | $15.08 | $32.51 | x |
| 2006-12-31 | $14.65 | $32.51 | x |
| 2007-12-31 | $16.93 | $32.51 | x |
| 2008-12-31 | $8.29 | $32.51 | x |
| 2009-12-31 | $8.13 | $32.51 | x |
| 2010-12-31 | $7.84 | $32.51 | x |
| 2011-12-31 | $9.51 | $32.51 | x |
| 2012-12-31 | $10.42 | $32.51 | x |
| 2013-12-31 | $12.37 | $32.51 | x |
| 2014-12-31 | $11.87 | $32.51 | x |
| 2015-12-31 | $10.98 | $32.51 | x |
| 2016-12-31 | $10.98 | $32.51 | x |
| 2017-12-31 | $11.54 | $32.51 | x |
| 2018-12-31 | $8.95 | $32.51 | x |
| 2019-12-31 | $10.23 | $32.51 | x |
| 2020-12-31 | $10.85 | $32.51 | x |
| 2021-12-31 | $11.98 | $32.51 | x |
| 2022-12-31 | $14.22 | $32.51 | x |
| 2023-12-31 | $15.66 | $32.51 | x |
| 2024-12-31 | $14.81 | $32.51 | x |
| 2025-12-31 | $15.38 | $32.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vishay Intertechnology Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -0.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.29%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 2.03x
- Recent ROE (-0.43%) is below the historical average (5.46%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 15.79% | 15.79% | 0.63x | 1.58x | $3.41 Million |
| 1986 | 13.14% | 17.29% | 0.58x | 1.31x | $2.44 Million |
| 1987 | 16.40% | 14.22% | 0.61x | 1.90x | $6.05 Million |
| 1988 | 7.75% | 4.61% | 0.43x | 3.92x | $-2.35 Million |
| 1989 | 15.08% | 4.28% | 0.99x | 3.56x | $6.00 Million |
| 1990 | 13.05% | 5.21% | 1.01x | 2.48x | $5.42 Million |
| 1991 | 10.38% | 4.73% | 0.99x | 2.23x | $760.00K |
| 1992 | 8.77% | 4.58% | 1.00x | 1.91x | $-4.26 Million |
| 1993 | 11.71% | 5.15% | 0.90x | 2.52x | $6.42 Million |
| 1994 | 10.43% | 5.97% | 0.74x | 2.36x | $2.44 Million |
| 1995 | 10.21% | 7.57% | 0.79x | 1.70x | $1.88 Million |
| 1996 | 5.57% | 4.79% | 0.71x | 1.65x | $-41.91 Million |
| 1997 | 5.55% | 4.74% | 0.65x | 1.79x | $-42.66 Million |
| 1998 | 0.82% | 0.52% | 0.64x | 2.46x | $-92.04 Million |
| 1999 | 8.21% | 4.73% | 0.76x | 2.29x | $-18.12 Million |
| 2000 | 28.24% | 21.01% | 0.89x | 1.52x | $334.48 Million |
| 2001 | 0.02% | 0.03% | 0.42x | 1.67x | $-236.14 Million |
| 2002 | -3.80% | -5.08% | 0.42x | 1.77x | $-336.09 Million |
| 2003 | 1.07% | 1.24% | 0.47x | 1.82x | $-224.56 Million |
| 2004 | 1.61% | 1.85% | 0.52x | 1.67x | $-232.64 Million |
| 2005 | 2.18% | 2.71% | 0.51x | 1.59x | $-223.31 Million |
| 2006 | 4.54% | 5.41% | 0.55x | 1.52x | $-168.35 Million |
| 2007 | 3.90% | 4.62% | 0.57x | 1.49x | $-204.91 Million |
| 2008 | -112.08% | -61.35% | 1.00x | 1.82x | $-1.89 Billion |
| 2009 | -3.77% | -2.80% | 0.75x | 1.79x | $-208.83 Million |
| 2010 | 24.07% | 13.18% | 0.92x | 1.99x | $209.93 Million |
| 2011 | 14.90% | 9.21% | 0.87x | 1.87x | $78.52 Million |
| 2012 | 7.56% | 5.50% | 0.74x | 1.86x | $-39.59 Million |
| 2013 | 6.57% | 5.19% | 0.73x | 1.73x | $-64.30 Million |
| 2014 | 6.44% | 4.72% | 0.76x | 1.81x | $-64.91 Million |
| 2015 | -6.69% | -4.72% | 0.73x | 1.94x | $-270.76 Million |
| 2016 | 2.95% | 2.10% | 0.75x | 1.86x | $-116.63 Million |
| 2017 | -1.21% | -0.78% | 0.75x | 2.06x | $-188.37 Million |
| 2018 | 24.98% | 11.39% | 0.98x | 2.24x | $207.32 Million |
| 2019 | 11.04% | 6.14% | 0.86x | 2.10x | $15.40 Million |
| 2020 | 7.80% | 4.91% | 0.79x | 2.00x | $-34.72 Million |
| 2021 | 17.09% | 9.20% | 0.91x | 2.03x | $123.59 Million |
| 2022 | 20.96% | 12.26% | 0.90x | 1.89x | $224.18 Million |
| 2023 | 14.75% | 9.52% | 0.80x | 1.93x | $104.21 Million |
| 2024 | -1.54% | -1.06% | 0.71x | 2.03x | $-234.05 Million |
| 2025 | -0.43% | -0.29% | 0.72x | 2.03x | $-217.81 Million |
Industry Comparison
This section compares Vishay Intertechnology Inc's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $8,880,686,494
- Average return on equity (ROE) among peers: -3.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vishay Intertechnology Inc (VSH) | $2.91 Billion | 15.79% | 0.77x | $4.59 Billion |
| Analog Devices Inc (ADI) | $354.40 Million | 2.31% | 0.42x | $175.05 Billion |
| Arteris Inc (AIP) | $-6.30 Million | 0.00% | 0.00x | $1.03 Billion |
| Astera Labs, Inc. (ALAB) | $964.80 Million | -8.65% | 0.09x | $50.11 Billion |
| Allegro Microsystems Inc (ALGM) | $589.79 Million | 14.37% | 0.28x | $6.36 Billion |
| Aeluma, Inc (ALMU) | $5.10 Million | -67.68% | 0.16x | $232.94 Million |
| Ambiq Micro, Inc. (AMBQ) | $85.75 Million | -46.25% | 0.22x | $524.36 Million |
| Advanced Micro Devices Inc (AMD) | $7.50 Billion | 42.18% | 0.66x | $850.67 Billion |
| Alpha and Omega Semiconductor Ltd (AOSL) | $516.33 Million | 11.26% | 0.78x | $760.21 Million |
| Arm Holdings plc American Depositary Shares (ARM) | $6.84 Billion | 11.58% | 0.31x | $294.35 Billion |
| ASE Industrial Holding Co Ltd ADR (ASX) | $71.96 Billion | 8.56% | 1.11x | $51.18 Billion |
About Vishay Intertechnology Inc
Vishay Intertechnology, Inc. manufactures and sells discrete semiconductors and passive electronic components in the United States, Germany, rest of Europe, Israel, and Asia. The company operates through six segments: Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors segments. The MOSFETs segment offers low- and m… Read more