BELDEN INC (BDC) Stock Fundamental Analysis
USA • New York Stock Exchange • NYSE:BDC • US0774541066
122.64 USD
+5.13 (+4.37%)
At close: Feb 2, 2026
122.64 USD
0 (0%)
After Hours: 2/2/2026, 7:48:47 PM
We assign a fundamental rating of 6 out of 10 to BDC. BDC was compared to 123 industry peers in the Electronic Equipment, Instruments & Components industry. BDC has an excellent profitability rating, but there are some minor concerns on its financial health. BDC is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
- BDC had positive earnings in the past year.
- BDC had a positive operating cash flow in the past year.
- Of the past 5 years BDC 4 years were profitable.
- BDC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- BDC has a Return On Assets of 6.63%. This is amongst the best in the industry. BDC outperforms 81.30% of its industry peers.
- BDC has a Return On Equity of 18.36%. This is amongst the best in the industry. BDC outperforms 88.62% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 9.11%, BDC belongs to the top of the industry, outperforming 80.49% of the companies in the same industry.
- BDC had an Average Return On Invested Capital over the past 3 years of 10.45%. This is in line with the industry average of 8.85%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.63% | ||
| ROE | 18.36% | ||
| ROIC | 9.11% |
ROA(3y)7.17%
ROA(5y)4.32%
ROE(3y)19.47%
ROE(5y)11.55%
ROIC(3y)10.45%
ROIC(5y)9.19%
1.3 Margins
- Looking at the Profit Margin, with a value of 8.57%, BDC is in the better half of the industry, outperforming 78.05% of the companies in the same industry.
- In the last couple of years the Profit Margin of BDC has grown nicely.
- The Operating Margin of BDC (11.17%) is better than 77.24% of its industry peers.
- BDC's Operating Margin has been stable in the last couple of years.
- BDC has a better Gross Margin (38.23%) than 64.23% of its industry peers.
- BDC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.17% | ||
| PM (TTM) | 8.57% | ||
| GM | 38.23% |
OM growth 3Y-3.13%
OM growth 5Y0.98%
PM growth 3Y42.67%
PM growth 5YN/A
GM growth 3Y3.44%
GM growth 5Y0.07%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BDC is destroying value.
- The number of shares outstanding for BDC has been reduced compared to 1 year ago.
- Compared to 5 years ago, BDC has less shares outstanding
- The debt/assets ratio for BDC has been reduced compared to a year ago.
2.2 Solvency
- BDC has an Altman-Z score of 3.09. This indicates that BDC is financially healthy and has little risk of bankruptcy at the moment.
- With a Altman-Z score value of 3.09, BDC perfoms like the industry average, outperforming 47.15% of the companies in the same industry.
- The Debt to FCF ratio of BDC is 6.06, which is on the high side as it means it would take BDC, 6.06 years of fcf income to pay off all of its debts.
- BDC has a Debt to FCF ratio of 6.06. This is comparable to the rest of the industry: BDC outperforms 58.54% of its industry peers.
- BDC has a Debt/Equity ratio of 1.04. This is a high value indicating a heavy dependency on external financing.
- BDC's Debt to Equity ratio of 1.04 is on the low side compared to the rest of the industry. BDC is outperformed by 88.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 6.06 | ||
| Altman-Z | 3.09 |
ROIC/WACC0.68
WACC13.36%
2.3 Liquidity
- BDC has a Current Ratio of 1.99. This is a normal value and indicates that BDC is financially healthy and should not expect problems in meeting its short term obligations.
- BDC's Current ratio of 1.99 is on the low side compared to the rest of the industry. BDC is outperformed by 60.16% of its industry peers.
- BDC has a Quick Ratio of 1.37. This is a normal value and indicates that BDC is financially healthy and should not expect problems in meeting its short term obligations.
- With a Quick ratio value of 1.37, BDC perfoms like the industry average, outperforming 40.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.99 | ||
| Quick Ratio | 1.37 |
3. Growth
3.1 Past
- BDC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 24.87%, which is quite impressive.
- Measured over the past 5 years, BDC shows a small growth in Earnings Per Share. The EPS has been growing by 6.00% on average per year.
- The Revenue has grown by 13.42% in the past year. This is quite good.
- The Revenue has been growing slightly by 2.92% on average over the past years.
EPS 1Y (TTM)24.87%
EPS 3Y10.05%
EPS 5Y6%
EPS Q2Q%15.88%
Revenue 1Y (TTM)13.42%
Revenue growth 3Y2.26%
Revenue growth 5Y2.92%
Sales Q2Q%6.61%
3.2 Future
- The Earnings Per Share is expected to grow by 12.03% on average over the next years. This is quite good.
- The Revenue is expected to grow by 5.20% on average over the next years.
EPS Next Y17.68%
EPS Next 2Y11.05%
EPS Next 3Y10.47%
EPS Next 5Y12.03%
Revenue Next Year9.9%
Revenue Next 2Y7.48%
Revenue Next 3Y6.53%
Revenue Next 5Y5.2%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 16.62 indicates a correct valuation of BDC.
- Based on the Price/Earnings ratio, BDC is valued cheaper than 85.37% of the companies in the same industry.
- BDC is valuated rather cheaply when we compare the Price/Earnings ratio to 28.41, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 15.61, the valuation of BDC can be described as correct.
- Based on the Price/Forward Earnings ratio, BDC is valued cheaper than 86.99% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.64, BDC is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.62 | ||
| Fwd PE | 15.61 |
4.2 Price Multiples
- 78.05% of the companies in the same industry are more expensive than BDC, based on the Enterprise Value to EBITDA ratio.
- Based on the Price/Free Cash Flow ratio, BDC is valued cheaper than 80.49% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.54 | ||
| EV/EBITDA | 13.19 |
4.3 Compensation for Growth
- BDC's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- The decent profitability rating of BDC may justify a higher PE ratio.
PEG (NY)0.94
PEG (5Y)2.77
EPS Next 2Y11.05%
EPS Next 3Y10.47%
5. Dividend
5.1 Amount
- With a yearly dividend of 0.17%, BDC is not a good candidate for dividend investing.
- BDC's Dividend Yield is a higher than the industry average which is at 0.46.
- Compared to an average S&P500 Dividend Yield of 1.83, BDC's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.17% |
5.2 History
- The dividend of BDC decreases each year by -24.30%.
- BDC has been paying a dividend for at least 10 years, so it has a reliable track record.
- BDC has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-24.3%
Div Incr Years0
Div Non Decr Years20
5.3 Sustainability
- 3.53% of the earnings are spent on dividend by BDC. This is a low number and sustainable payout ratio.
DP3.53%
EPS Next 2Y11.05%
EPS Next 3Y10.47%
BELDEN INC / BDC FAQ
What is the fundamental rating for BDC stock?
ChartMill assigns a fundamental rating of 6 / 10 to BDC.
What is the valuation status of BELDEN INC (BDC) stock?
ChartMill assigns a valuation rating of 7 / 10 to BELDEN INC (BDC). This can be considered as Undervalued.
How profitable is BELDEN INC (BDC) stock?
BELDEN INC (BDC) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for BDC stock?
The Price/Earnings (PE) ratio for BELDEN INC (BDC) is 16.62 and the Price/Book (PB) ratio is 3.88.
What is the earnings growth outlook for BELDEN INC?
The Earnings per Share (EPS) of BELDEN INC (BDC) is expected to grow by 17.68% in the next year.