BELDEN INC (BDC) Fundamental Analysis & Valuation

NYSE:BDC • US0774541066

114.53 USD
-2.15 (-1.84%)
At close: Mar 13, 2026
114.53 USD
0 (0%)
After Hours: 3/13/2026, 8:11:16 PM

This BDC fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

6

Overall BDC gets a fundamental rating of 6 out of 10. We evaluated BDC against 124 industry peers in the Electronic Equipment, Instruments & Components industry. While BDC has a great profitability rating, there are some minor concerns on its financial health. BDC has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

8

1. BDC Profitability Analysis

1.1 Basic Checks

  • In the past year BDC was profitable.
  • In the past year BDC had a positive cash flow from operations.
  • In the past 5 years BDC has always been profitable.
  • In the past 5 years BDC always reported a positive cash flow from operatings.
BDC Yearly Net Income VS EBIT VS OCF VS FCFBDC Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M -200M

1.2 Ratios

  • BDC has a better Return On Assets (6.70%) than 83.87% of its industry peers.
  • Looking at the Return On Equity, with a value of 18.78%, BDC belongs to the top of the industry, outperforming 88.71% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 9.76%, BDC belongs to the top of the industry, outperforming 83.06% of the companies in the same industry.
  • BDC had an Average Return On Invested Capital over the past 3 years of 10.05%. This is in line with the industry average of 8.67%.
Industry RankSector Rank
ROA 6.7%
ROE 18.78%
ROIC 9.76%
ROA(3y)6.72%
ROA(5y)6.02%
ROE(3y)18.31%
ROE(5y)16.78%
ROIC(3y)10.05%
ROIC(5y)10.34%
BDC Yearly ROA, ROE, ROICBDC Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 -40

1.3 Margins

  • With an excellent Profit Margin value of 8.75%, BDC belongs to the best of the industry, outperforming 80.65% of the companies in the same industry.
  • BDC's Profit Margin has declined in the last couple of years.
  • BDC has a better Operating Margin (11.63%) than 78.23% of its industry peers.
  • BDC's Operating Margin has improved in the last couple of years.
  • BDC has a better Gross Margin (37.98%) than 62.90% of its industry peers.
  • BDC's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 11.63%
PM (TTM) 8.75%
GM 37.98%
OM growth 3Y-3.2%
OM growth 5Y5.56%
PM growth 3Y-3.62%
PM growth 5YN/A
GM growth 3Y2.25%
GM growth 5Y2.93%
BDC Yearly Profit, Operating, Gross MarginsBDC Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40

4

2. BDC Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BDC is still creating some value.
  • Compared to 1 year ago, BDC has less shares outstanding
  • The number of shares outstanding for BDC has been reduced compared to 5 years ago.
  • The debt/assets ratio for BDC is higher compared to a year ago.
BDC Yearly Shares OutstandingBDC Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M
BDC Yearly Total Debt VS Total AssetsBDC Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

2.2 Solvency

  • BDC has an Altman-Z score of 3.03. This indicates that BDC is financially healthy and has little risk of bankruptcy at the moment.
  • With a Altman-Z score value of 3.03, BDC perfoms like the industry average, outperforming 45.97% of the companies in the same industry.
  • BDC has a debt to FCF ratio of 5.92. This is a neutral value as BDC would need 5.92 years to pay back of all of its debts.
  • BDC's Debt to FCF ratio of 5.92 is in line compared to the rest of the industry. BDC outperforms 58.87% of its industry peers.
  • A Debt/Equity ratio of 1.02 is on the high side and indicates that BDC has dependencies on debt financing.
  • With a Debt to Equity ratio value of 1.02, BDC is not doing good in the industry: 89.52% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 1.02
Debt/FCF 5.92
Altman-Z 3.03
ROIC/WACC1.12
WACC8.75%
BDC Yearly LT Debt VS Equity VS FCFBDC Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

2.3 Liquidity

  • A Current Ratio of 1.93 indicates that BDC should not have too much problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 1.93, BDC is doing worse than 62.10% of the companies in the same industry.
  • BDC has a Quick Ratio of 1.36. This is a normal value and indicates that BDC is financially healthy and should not expect problems in meeting its short term obligations.
  • The Quick ratio of BDC (1.36) is worse than 61.29% of its industry peers.
Industry RankSector Rank
Current Ratio 1.93
Quick Ratio 1.36
BDC Yearly Current Assets VS Current LiabilitesBDC Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

6

3. BDC Growth Analysis

3.1 Past

  • BDC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 18.37%, which is quite good.
  • Measured over the past years, BDC shows a very strong growth in Earnings Per Share. The EPS has been growing by 22.35% on average per year.
  • BDC shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.33%.
  • BDC shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.15% yearly.
EPS 1Y (TTM)18.37%
EPS 3Y5.45%
EPS 5Y22.35%
EPS Q2Q%8.33%
Revenue 1Y (TTM)10.33%
Revenue growth 3Y1.37%
Revenue growth 5Y9.15%
Sales Q2Q%8.12%

3.2 Future

  • The Earnings Per Share is expected to grow by 10.50% on average over the next years. This is quite good.
  • The Revenue is expected to grow by 4.05% on average over the next years.
EPS Next Y5.4%
EPS Next 2Y8.42%
EPS Next 3Y8.03%
EPS Next 5Y10.5%
Revenue Next Year8.64%
Revenue Next 2Y6.64%
Revenue Next 3Y5.8%
Revenue Next 5Y4.05%

3.3 Evolution

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past 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 decreasing.
BDC Yearly Revenue VS EstimatesBDC Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 1B 2B 3B
BDC Yearly EPS VS EstimatesBDC Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2 4 6 8 10

6

4. BDC Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 15.19, which indicates a correct valuation of BDC.
  • 86.29% of the companies in the same industry are more expensive than BDC, based on the Price/Earnings ratio.
  • BDC is valuated rather cheaply when we compare the Price/Earnings ratio to 25.70, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 14.41, which indicates a correct valuation of BDC.
  • Based on the Price/Forward Earnings ratio, BDC is valued cheaply inside the industry as 82.26% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 23.84, BDC is valued a bit cheaper.
Industry RankSector Rank
PE 15.19
Fwd PE 14.41
BDC Price Earnings VS Forward Price EarningsBDC Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, BDC is valued a bit cheaper than 78.23% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, BDC is valued cheaper than 80.65% of the companies in the same industry.
Industry RankSector Rank
P/FCF 20.29
EV/EBITDA 12.19
BDC Per share dataBDC EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40 60

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates BDC does not grow enough to justify the current Price/Earnings ratio.
  • BDC has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.82
PEG (5Y)0.68
EPS Next 2Y8.42%
EPS Next 3Y8.03%

6

5. BDC Dividend Analysis

5.1 Amount

  • With a yearly dividend of 0.15%, BDC is not a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 0.47, BDC pays a bit more dividend than its industry peers.
  • With a Dividend Yield of 0.15, BDC pays less dividend than the S&P500 average, which is at 1.82.
Industry RankSector Rank
Dividend Yield 0.15%

5.2 History

  • The dividend of BDC has a limited annual growth rate of 0.15%.
  • BDC has paid a dividend for at least 10 years, which is a reliable track record.
  • BDC has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)0.15%
Div Incr Years0
Div Non Decr Years20
BDC Yearly Dividends per shareBDC Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.05 0.1 0.15

5.3 Sustainability

  • 3.35% of the earnings are spent on dividend by BDC. This is a low number and sustainable payout ratio.
  • The dividend of BDC is growing, but earnings are growing more, so the dividend growth is sustainable.
DP3.35%
EPS Next 2Y8.42%
EPS Next 3Y8.03%
BDC Yearly Income VS Free CF VS DividendBDC Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M -200M
BDC Dividend Payout.BDC Dividend Payout, showing the Payout Ratio.BDC Dividend Payout.PayoutRetained Earnings

BDC Fundamentals: All Metrics, Ratios and Statistics

BELDEN INC

NYSE:BDC (3/13/2026, 8:11:16 PM)

After market: 114.53 0 (0%)

114.53

-2.15 (-1.84%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)02-12
Earnings (Next)04-29
Inst Owners104.81%
Inst Owner Change-1.3%
Ins Owners1.52%
Ins Owner Change9.39%
Market Cap4.44B
Revenue(TTM)2.72B
Net Income(TTM)237.52M
Analysts78
Price Target179.32 (56.57%)
Short Float %2.5%
Short Ratio3.2
Dividend
Industry RankSector Rank
Dividend Yield 0.15%
Yearly Dividend0.2
Dividend Growth(5Y)0.15%
DP3.35%
Div Incr Years0
Div Non Decr Years20
Ex-Date03-12
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.6%
Min EPS beat(2)1.76%
Max EPS beat(2)5.44%
EPS beat(4)4
Avg EPS beat(4)4.99%
Min EPS beat(4)1.76%
Max EPS beat(4)6.52%
EPS beat(8)8
Avg EPS beat(8)7.73%
EPS beat(12)11
Avg EPS beat(12)8.74%
EPS beat(16)15
Avg EPS beat(16)9.46%
Revenue beat(2)2
Avg Revenue beat(2)2.03%
Min Revenue beat(2)1.77%
Max Revenue beat(2)2.3%
Revenue beat(4)4
Avg Revenue beat(4)1.42%
Min Revenue beat(4)0.5%
Max Revenue beat(4)2.3%
Revenue beat(8)8
Avg Revenue beat(8)1.8%
Revenue beat(12)10
Avg Revenue beat(12)1.51%
Revenue beat(16)14
Avg Revenue beat(16)2.12%
PT rev (1m)21.75%
PT rev (3m)21.91%
EPS NQ rev (1m)1.18%
EPS NQ rev (3m)1.04%
EPS NY rev (1m)1.17%
EPS NY rev (3m)1.09%
Revenue NQ rev (1m)3.57%
Revenue NQ rev (3m)3.57%
Revenue NY rev (1m)3.36%
Revenue NY rev (3m)3.36%
Valuation
Industry RankSector Rank
PE 15.19
Fwd PE 14.41
P/S 1.63
P/FCF 20.29
P/OCF 12.51
P/B 3.51
P/tB N/A
EV/EBITDA 12.19
EPS(TTM)7.54
EY6.58%
EPS(NY)7.95
Fwd EY6.94%
FCF(TTM)5.64
FCFY4.93%
OCF(TTM)9.16
OCFY8%
SpS70.07
BVpS32.63
TBVpS-4.44
PEG (NY)2.82
PEG (5Y)0.68
Graham Number74.4
Profitability
Industry RankSector Rank
ROA 6.7%
ROE 18.78%
ROCE 11.09%
ROIC 9.76%
ROICexc 11.31%
ROICexgc 27.25%
OM 11.63%
PM (TTM) 8.75%
GM 37.98%
FCFM 8.05%
ROA(3y)6.72%
ROA(5y)6.02%
ROE(3y)18.31%
ROE(5y)16.78%
ROIC(3y)10.05%
ROIC(5y)10.34%
ROICexc(3y)12.15%
ROICexc(5y)13.11%
ROICexgc(3y)29.97%
ROICexgc(5y)31.61%
ROCE(3y)11.42%
ROCE(5y)11.75%
ROICexgc growth 3Y-12.42%
ROICexgc growth 5Y2.86%
ROICexc growth 3Y-10.98%
ROICexc growth 5Y11.85%
OM growth 3Y-3.2%
OM growth 5Y5.56%
PM growth 3Y-3.62%
PM growth 5YN/A
GM growth 3Y2.25%
GM growth 5Y2.93%
F-Score8
Asset Turnover0.77
Health
Industry RankSector Rank
Debt/Equity 1.02
Debt/FCF 5.92
Debt/EBITDA 2.91
Cap/Depr 105.21%
Cap/Sales 5.02%
Interest Coverage 7.31
Cash Conversion 79.72%
Profit Quality 92.07%
Current Ratio 1.93
Quick Ratio 1.36
Altman-Z 3.03
F-Score8
WACC8.75%
ROIC/WACC1.12
Cap/Depr(3y)111.38%
Cap/Depr(5y)112.02%
Cap/Sales(3y)4.97%
Cap/Sales(5y)4.61%
Profit Quality(3y)96.01%
Profit Quality(5y)127%
High Growth Momentum
Growth
EPS 1Y (TTM)18.37%
EPS 3Y5.45%
EPS 5Y22.35%
EPS Q2Q%8.33%
EPS Next Y5.4%
EPS Next 2Y8.42%
EPS Next 3Y8.03%
EPS Next 5Y10.5%
Revenue 1Y (TTM)10.33%
Revenue growth 3Y1.37%
Revenue growth 5Y9.15%
Sales Q2Q%8.12%
Revenue Next Year8.64%
Revenue Next 2Y6.64%
Revenue Next 3Y5.8%
Revenue Next 5Y4.05%
EBIT growth 1Y18.48%
EBIT growth 3Y-1.88%
EBIT growth 5Y15.23%
EBIT Next Year34.15%
EBIT Next 3Y15.94%
EBIT Next 5Y12.38%
FCF growth 1Y-1.92%
FCF growth 3Y7.47%
FCF growth 5Y21.32%
OCF growth 1Y0.79%
OCF growth 3Y8.05%
OCF growth 5Y15.4%

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 6 / 10 to BELDEN INC (BDC). This can be considered as Fairly Valued.


How profitable is BELDEN INC (BDC) stock?

BELDEN INC (BDC) has a profitability rating of 8 / 10.


Can you provide the PE and PB ratios for BDC stock?

The Price/Earnings (PE) ratio for BELDEN INC (BDC) is 15.19 and the Price/Book (PB) ratio is 3.51.


What is the earnings growth outlook for BELDEN INC?

The Earnings per Share (EPS) of BELDEN INC (BDC) is expected to grow by 5.4% in the next year.