Mesa Laboratories, Inc. (MLAB) vs Vishay Precision Group, Inc. (VPG)

Mesa Laboratories, Inc. and Vishay Precision Group, Inc. are both Scientific & Technical Instruments companies. Vishay Precision Group, Inc. is the larger, with a market value of $913.4M against $769.4M — 1.2× the size. Mesa Laboratories, Inc. trades at the lower P/E: 156× against 239×. Vishay Precision Group, Inc. grew revenue faster over the last twelve months: 11.3% against 3.04%. Mesa Laboratories, Inc. has the higher net margin (1.92% vs 1.20%) and the higher return on invested capital (4.67% vs 2.58%). Across the 22 metrics below, Mesa Laboratories, Inc. leads on 15 and Vishay Precision Group, Inc. on 7.

Valuation

Metric MLAB VPG Scientific & Technical Instruments median
P/E 155.86 238.77 35.93
P/S 3.04 2.90 4.46
P/B 4.02 2.87 3.00
Price to free cash flow 14.34 255.05 24.96
EV/EBITDA 19.16 33.57 19.60
EV/Sales 3.49 2.82 4.98
Earnings yield 0.64% 0.42% 0.53%
Free cash flow yield 6.97% 0.39% 1.12%

Profitability

Metric MLAB VPG Scientific & Technical Instruments median
Gross margin 64.21% 38.68% 45.75%
Operating margin 9.00% 3.42% 7.34%
Net margin 1.92% 1.20% 1.56%
Free cash flow margin 21.17% 1.14% 5.84%
Return on equity 2.66% 1.19% 2.87%
Return on assets 1.12% 0.86% 0.99%
Return on invested capital 4.67% 2.58% 3.88%

Growth

Metric MLAB VPG Scientific & Technical Instruments median
Revenue growth (TTM) 3.04% 11.28% 11.28%
EPS growth (last fiscal year) 436.11% (45.95%) —
Revenue growth, 5-year CAGR 13.22% 2.63% 7.89%
Net income growth, 5-year CAGR 15.44% (13.27%) 0.00%

Health

Metric MLAB VPG Scientific & Technical Instruments median
Debt to equity 0.76 0.05 0.00
Current ratio 1.79 4.15 2.24
Net debt to EBITDA 2.98 (2.24) 0.44

Dividend

Metric MLAB VPG Scientific & Technical Instruments median
Dividend yield 0.69% — 0.72%
Payout ratio 1.88 0.00 0.00

Size

Metric MLAB VPG Scientific & Technical Instruments median
Market cap 769.43m 913.38m 483.67m

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