BEL FUSE INC-CL A (BELFA)
US0773472016 - Common Stock
BELFA gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 127 industry peers in the Electronic Equipment, Instruments & Components industry. BELFA gets an excellent profitability rating and is at the same time showing great financial health properties. BELFA has a bad growth rate and is valued cheaply. These ratings could make BELFA a good candidate for value investing.
1. Profitability
1.1 Basic Checks
BELFA had positive earnings in the past year.
In the past year BELFA had a positive cash flow from operations.
Of the past 5 years BELFA 4 years were profitable.
Each year in the past 5 years BELFA had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 13.53%, BELFA belongs to the top of the industry, outperforming 95.20% of the companies in the same industry.
The Return On Equity of BELFA (21.67%) is better than 92.00% of its industry peers.
The Return On Invested Capital of BELFA (16.19%) is better than 95.20% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BELFA is above the industry average of 9.10%.
The last Return On Invested Capital (16.19%) for BELFA is above the 3 year average (12.96%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.53% | ||
| ROE | 21.67% | ||
| ROIC | 16.19% |
ROA(3y)9.05%
ROA(5y)5.63%
ROE(3y)17.88%
ROE(5y)11.07%
ROIC(3y)12.96%
ROIC(5y)8.9%
1.3 Margins
Looking at the Profit Margin, with a value of 12.61%, BELFA belongs to the top of the industry, outperforming 88.00% of the companies in the same industry.
In the last couple of years the Profit Margin of BELFA has grown nicely.
Looking at the Operating Margin, with a value of 14.34%, BELFA belongs to the top of the industry, outperforming 89.60% of the companies in the same industry.
BELFA's Operating Margin has improved in the last couple of years.
BELFA has a Gross Margin of 35.30%. This is in the better half of the industry: BELFA outperforms 60.80% of its industry peers.
BELFA's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.34% | ||
| PM (TTM) | 12.61% | ||
| GM | 35.3% |
OM growth 3Y57.4%
OM growth 5Y24.41%
PM growth 3Y61.33%
PM growth 5Y25.03%
GM growth 3Y9.5%
GM growth 5Y5.83%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BELFA is still creating some value.
The number of shares outstanding for BELFA has been reduced compared to 1 year ago.
BELFA has more shares outstanding than it did 5 years ago.
BELFA has a better debt/assets ratio than last year.
2.2 Solvency
BELFA has an Altman-Z score of 5.68. This indicates that BELFA is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 5.68, BELFA is doing good in the industry, outperforming 79.20% of the companies in the same industry.
The Debt to FCF ratio of BELFA is 0.69, which is an excellent value as it means it would take BELFA, only 0.69 years of fcf income to pay off all of its debts.
BELFA has a better Debt to FCF ratio (0.69) than 79.20% of its industry peers.
A Debt/Equity ratio of 0.17 indicates that BELFA is not too dependend on debt financing.
The Debt to Equity ratio of BELFA (0.17) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.69 | ||
| Altman-Z | 5.68 |
ROIC/WACC1.77
WACC9.15%
2.3 Liquidity
BELFA has a Current Ratio of 4.21. This indicates that BELFA is financially healthy and has no problem in meeting its short term obligations.
BELFA's Current ratio of 4.21 is fine compared to the rest of the industry. BELFA outperforms 76.00% of its industry peers.
BELFA has a Quick Ratio of 2.70. This indicates that BELFA is financially healthy and has no problem in meeting its short term obligations.
With a decent Quick ratio value of 2.70, BELFA is doing good in the industry, outperforming 70.40% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.21 | ||
| Quick Ratio | 2.7 |
3. Growth
3.1 Past
BELFA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 15.24%, which is quite good.
BELFA shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 27.58% yearly.
Looking at the last year, BELFA shows a very negative growth in Revenue. The Revenue has decreased by -13.66% in the last year.
BELFA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.14% yearly.
EPS 1Y (TTM)15.24%
EPS 3Y87.72%
EPS 5Y27.58%
EPS growth Q2Q-10.64%
Revenue 1Y (TTM)-13.66%
Revenue growth 3Y11.16%
Revenue growth 5Y3.14%
Revenue growth Q2Q-25.68%
3.2 Future
Based on estimates for the next years, BELFA will show a decrease in Earnings Per Share. The EPS will decrease by -0.90% on average per year.
The Revenue is expected to decrease by -1.03% on average over the next years.
EPS Next Y-22.14%
EPS Next 2Y-0.9%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-11.18%
Revenue Next 2Y-1.03%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 11.94, the valuation of BELFA can be described as reasonable.
Based on the Price/Earnings ratio, BELFA is valued cheaply inside the industry as 89.60% of the companies are valued more expensively.
BELFA's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.60.
BELFA is valuated reasonably with a Price/Forward Earnings ratio of 11.87.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BELFA indicates a rather cheap valuation: BELFA is cheaper than 84.80% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 20.15. BELFA is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.94 | ||
| Fwd PE | 11.87 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BELFA is valued cheaper than 83.20% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BELFA indicates a rather cheap valuation: BELFA is cheaper than 88.80% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.83 | ||
| EV/EBITDA | 8.31 |
4.3 Compensation for Growth
The excellent profitability rating of BELFA may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.43
EPS Next 2Y-0.9%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a yearly dividend of 0.31%, BELFA is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.71, BELFA pays a better dividend. On top of this BELFA pays more dividend than 82.40% of the companies listed in the same industry.
With a Dividend Yield of 0.31, BELFA pays less dividend than the S&P500 average, which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.31% |
5.2 History
The dividend of BELFA has a limited annual growth rate of 0.12%.
BELFA has been paying a dividend for at least 10 years, so it has a reliable track record.
BELFA has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)0.12%
Div Incr Years0
Div Non Decr Years19
5.3 Sustainability
BELFA pays out 4.66% of its income as dividend. This is a sustainable payout ratio.
DP4.66%
EPS Next 2Y-0.9%
EPS Next 3YN/A
BEL FUSE INC-CL A
NASDAQ:BELFA (5/17/2024, 7:00:01 PM)
74.01
-2.73 (-3.56%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap935.49M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.31% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
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Revenue beat(8)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.94 | ||
| Fwd PE | 11.87 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.43
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.53% | ||
| ROE | 21.67% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 14.34% | ||
| PM (TTM) | 12.61% | ||
| GM | 35.3% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 4.21 | ||
| Quick Ratio | 2.7 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)15.24%
EPS 3Y87.72%
EPS 5Y
EPS growth Q2Q
EPS Next Y-22.14%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-13.66%
Revenue growth 3Y11.16%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y