BELDEN INC (BDC) Stock Fundamental Analysis
USA - NYSE:BDC - US0774541066 - Common Stock
115.42 USD
+0.1 (+0.09%)
Overall BDC gets a fundamental rating of 5 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 correct valuation and a medium growth rate.
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.
BDC had positive earnings in 4 of the past 5 years.
Each year in the past 5 years BDC had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.62%, BDC belongs to the top of the industry, outperforming 82.26% of the companies in the same industry.
With an excellent Return On Equity value of 18.23%, BDC belongs to the best of the industry, outperforming 88.71% of the companies in the same industry.
BDC's Return On Invested Capital of 9.15% is amongst the best of the industry. BDC outperforms 80.65% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BDC is in line with the industry average of 9.44%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.62% | ||
| ROE | 18.23% | ||
| ROIC | 9.15% |
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
BDC has a Profit Margin of 8.60%. This is in the better half of the industry: BDC outperforms 79.03% of its industry peers.
BDC's Profit Margin has improved in the last couple of years.
The Operating Margin of BDC (11.32%) is better than 78.23% of its industry peers.
In the last couple of years the Operating Margin of BDC has remained more or less at the same level.
With a decent Gross Margin value of 38.13%, BDC is doing good in the industry, outperforming 66.13% of the companies in the same industry.
BDC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.32% | ||
| PM (TTM) | 8.6% | ||
| GM | 38.13% |
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BDC is creating some value.
BDC has less shares outstanding than it did 1 year ago.
The number of shares outstanding for BDC has been reduced compared to 5 years ago.
The debt/assets ratio for BDC has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.07 indicates that BDC is not in any danger for bankruptcy at the moment.
BDC has a Altman-Z score (3.07) which is comparable to the rest of the industry.
The Debt to FCF ratio of BDC is 5.94, which is a neutral value as it means it would take BDC, 5.94 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 5.94, BDC is in line with its industry, outperforming 58.87% of the companies in the same industry.
BDC has a Debt/Equity ratio of 1.04. This is a high value indicating a heavy dependency on external financing.
BDC has a worse Debt to Equity ratio (1.04) than 90.32% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 5.94 | ||
| Altman-Z | 3.07 |
ROIC/WACC1.04
WACC8.77%
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 has a worse Current ratio (1.99) than 61.29% of its industry peers.
A Quick Ratio of 1.35 indicates that BDC should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.35, BDC is not doing good in the industry: 62.10% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.99 | ||
| Quick Ratio | 1.35 |
3. Growth
3.1 Past
BDC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 18.70%, which is quite good.
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.
BDC shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.93%.
BDC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.92% yearly.
EPS 1Y (TTM)18.7%
EPS 3Y10.05%
EPS 5Y6%
EPS Q2Q%25.17%
Revenue 1Y (TTM)12.93%
Revenue growth 3Y2.26%
Revenue growth 5Y2.92%
Sales Q2Q%11.2%
3.2 Future
BDC is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.03% yearly.
BDC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.20% yearly.
EPS Next Y16.22%
EPS Next 2Y11.05%
EPS Next 3Y9.31%
EPS Next 5Y12.03%
Revenue Next Year8.97%
Revenue Next 2Y6.97%
Revenue Next 3Y5.91%
Revenue Next 5Y5.2%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 16.23, BDC is valued correctly.
Compared to the rest of the industry, the Price/Earnings ratio of BDC indicates a rather cheap valuation: BDC is cheaper than 89.52% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.91, BDC is valued a bit cheaper.
BDC is valuated correctly with a Price/Forward Earnings ratio of 14.69.
Based on the Price/Forward Earnings ratio, BDC is valued cheaply inside the industry as 89.52% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of BDC to the average of the S&P500 Index (23.30), we can say BDC is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.23 | ||
| Fwd PE | 14.69 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BDC indicates a somewhat cheap valuation: BDC is cheaper than 79.03% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BDC indicates a somewhat cheap valuation: BDC is cheaper than 79.84% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.2 | ||
| EV/EBITDA | 13.18 |
4.3 Compensation for Growth
BDC's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
BDC has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1
PEG (5Y)2.71
EPS Next 2Y11.05%
EPS Next 3Y9.31%
5. Dividend
5.1 Amount
BDC has a yearly dividend return of 0.17%, which is pretty low.
BDC's Dividend Yield is a higher than the industry average which is at 2.05.
Compared to an average S&P500 Dividend Yield of 2.44, 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 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)-24.3%
Div Incr Years0
Div Non Decr Years20
5.3 Sustainability
3.60% of the earnings are spent on dividend by BDC. This is a low number and sustainable payout ratio.
DP3.6%
EPS Next 2Y11.05%
EPS Next 3Y9.31%
NYSE:BDC (10/9/2025, 9:35:06 AM)
115.42
+0.1 (+0.09%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners103.8%
Inst Owner Change0%
Ins Owners1.33%
Ins Owner Change-3.68%
Market Cap4.57B
Analysts78
Price Target145.45 (26.02%)
Short Float %2.76%
Short Ratio3.74
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.17% |
Yearly Dividend0.2
Dividend Growth(5Y)-24.3%
DP3.6%
Div Incr Years0
Div Non Decr Years20
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.39%
Min EPS beat(2)6.25%
Max EPS beat(2)6.52%
EPS beat(4)4
Avg EPS beat(4)7.46%
Min EPS beat(4)4.7%
Max EPS beat(4)12.37%
EPS beat(8)7
Avg EPS beat(8)10.35%
EPS beat(12)11
Avg EPS beat(12)9.61%
EPS beat(16)15
Avg EPS beat(16)9.84%
Revenue beat(2)2
Avg Revenue beat(2)0.82%
Min Revenue beat(2)0.5%
Max Revenue beat(2)1.14%
Revenue beat(4)4
Avg Revenue beat(4)0.77%
Min Revenue beat(4)0.5%
Max Revenue beat(4)1.14%
Revenue beat(8)7
Avg Revenue beat(8)1.57%
Revenue beat(12)10
Avg Revenue beat(12)1.67%
Revenue beat(16)12
Avg Revenue beat(16)1.64%
PT rev (1m)0%
PT rev (3m)10.2%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.6%
EPS NY rev (1m)0%
EPS NY rev (3m)2.91%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.35%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.23 | ||
| Fwd PE | 14.69 | ||
| P/S | 1.75 | ||
| P/FCF | 21.2 | ||
| P/OCF | 12.85 | ||
| P/B | 3.7 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.18 |
EPS(TTM)7.11
EY6.16%
EPS(NY)7.86
Fwd EY6.81%
FCF(TTM)5.44
FCFY4.72%
OCF(TTM)8.98
OCFY7.78%
SpS66.07
BVpS31.16
TBVpS-5.44
PEG (NY)1
PEG (5Y)2.71
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.62% | ||
| ROE | 18.23% | ||
| ROCE | 10.65% | ||
| ROIC | 9.15% | ||
| ROICexc | 10.26% | ||
| ROICexgc | 24.68% | ||
| OM | 11.32% | ||
| PM (TTM) | 8.6% | ||
| GM | 38.13% | ||
| FCFM | 8.24% |
ROA(3y)7.17%
ROA(5y)4.32%
ROE(3y)19.47%
ROE(5y)11.55%
ROIC(3y)10.45%
ROIC(5y)9.19%
ROICexc(3y)13.44%
ROICexc(5y)11.83%
ROICexgc(3y)33.71%
ROICexgc(5y)30.15%
ROCE(3y)12.15%
ROCE(5y)10.69%
ROICexcg growth 3Y1.45%
ROICexcg growth 5Y-1.29%
ROICexc growth 3Y-5.56%
ROICexc growth 5Y3.4%
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%
F-Score8
Asset Turnover0.77
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 5.94 | ||
| Debt/EBITDA | 3.04 | ||
| Cap/Depr | 112.5% | ||
| Cap/Sales | 5.36% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 84.53% | ||
| Profit Quality | 95.84% | ||
| Current Ratio | 1.99 | ||
| Quick Ratio | 1.35 | ||
| Altman-Z | 3.07 |
F-Score8
WACC8.77%
ROIC/WACC1.04
Cap/Depr(3y)115.8%
Cap/Depr(5y)107.58%
Cap/Sales(3y)4.64%
Cap/Sales(5y)4.64%
Profit Quality(3y)88.38%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)18.7%
EPS 3Y10.05%
EPS 5Y6%
EPS Q2Q%25.17%
EPS Next Y16.22%
EPS Next 2Y11.05%
EPS Next 3Y9.31%
EPS Next 5Y12.03%
Revenue 1Y (TTM)12.93%
Revenue growth 3Y2.26%
Revenue growth 5Y2.92%
Sales Q2Q%11.2%
Revenue Next Year8.97%
Revenue Next 2Y6.97%
Revenue Next 3Y5.91%
Revenue Next 5Y5.2%
EBIT growth 1Y11.5%
EBIT growth 3Y-0.94%
EBIT growth 5Y3.92%
EBIT Next Year35.99%
EBIT Next 3Y15.51%
EBIT Next 5Y12.42%
FCF growth 1Y-9.31%
FCF growth 3Y7.9%
FCF growth 5Y5.96%
OCF growth 1Y3.27%
OCF growth 3Y8.97%
OCF growth 5Y4.92%