BEL FUSE INC-CL A (BELFA) Stock Fundamental Analysis
NASDAQ:BELFA - US0773472016 - Common Stock
118.21 USD
+0.64 (+0.54%)
Overall BELFA gets a fundamental rating of 6 out of 10. We evaluated BELFA against 125 industry peers in the Electronic Equipment, Instruments & Components industry. BELFA has an excellent profitability rating, but there are some minor concerns on its financial health. BELFA is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year BELFA was profitable.
BELFA had a positive operating cash flow in the past year.
Each year in the past 5 years BELFA has been profitable.
BELFA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.37%, BELFA is in the better half of the industry, outperforming 76.00% of the companies in the same industry.
With an excellent Return On Equity value of 12.60%, BELFA belongs to the best of the industry, outperforming 83.20% of the companies in the same industry.
With a decent Return On Invested Capital value of 7.65%, BELFA is doing good in the industry, outperforming 76.80% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for BELFA is above the industry average of 9.48%.
The last Return On Invested Capital (7.65%) for BELFA is well below the 3 year average (13.11%), which needs to be investigated, but indicates that BELFA had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.37% | ||
| ROE | 12.6% | ||
| ROIC | 7.65% |
ROA(3y)8.88%
ROA(5y)6.86%
ROE(3y)17.71%
ROE(5y)14.38%
ROIC(3y)13.11%
ROIC(5y)9.78%
1.3 Margins
With a decent Profit Margin value of 8.59%, BELFA is doing good in the industry, outperforming 79.20% of the companies in the same industry.
BELFA's Profit Margin has improved in the last couple of years.
BELFA has a Operating Margin of 12.65%. This is amongst the best in the industry. BELFA outperforms 82.40% of its industry peers.
BELFA's Operating Margin has improved in the last couple of years.
BELFA's Gross Margin of 37.84% is fine compared to the rest of the industry. BELFA outperforms 64.80% of its industry peers.
In the last couple of years the Gross Margin of BELFA has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.65% | ||
| PM (TTM) | 8.59% | ||
| GM | 37.84% |
OM growth 3Y44.92%
OM growth 5Y65.85%
PM growth 3Y18.84%
PM growth 5YN/A
GM growth 3Y15.23%
GM growth 5Y11.11%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BELFA is 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 worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.41 indicates that BELFA is not in any danger for bankruptcy at the moment.
BELFA's Altman-Z score of 3.41 is in line compared to the rest of the industry. BELFA outperforms 53.60% of its industry peers.
BELFA has a debt to FCF ratio of 5.27. This is a neutral value as BELFA would need 5.27 years to pay back of all of its debts.
BELFA's Debt to FCF ratio of 5.27 is fine compared to the rest of the industry. BELFA outperforms 62.40% of its industry peers.
A Debt/Equity ratio of 0.63 indicates that BELFA is somewhat dependend on debt financing.
BELFA's Debt to Equity ratio of 0.63 is on the low side compared to the rest of the industry. BELFA is outperformed by 77.60% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 5.27 | ||
| Altman-Z | 3.41 |
ROIC/WACC0.85
WACC9.02%
2.3 Liquidity
A Current Ratio of 3.05 indicates that BELFA has no problem at all paying its short term obligations.
BELFA's Current ratio of 3.05 is fine compared to the rest of the industry. BELFA outperforms 64.80% of its industry peers.
BELFA has a Quick Ratio of 1.72. This is a normal value and indicates that BELFA is financially healthy and should not expect problems in meeting its short term obligations.
BELFA's Quick ratio of 1.72 is in line compared to the rest of the industry. BELFA outperforms 54.40% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.05 | ||
| Quick Ratio | 1.72 |
3. Growth
3.1 Past
BELFA shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -5.30%.
The Earnings Per Share has been growing by 48.64% on average over the past years. This is a very strong growth
Looking at the last year, BELFA shows a small growth in Revenue. The Revenue has grown by 6.08% in the last year.
Measured over the past years, BELFA shows a small growth in Revenue. The Revenue has been growing by 1.67% on average per year.
EPS 1Y (TTM)-5.3%
EPS 3Y48.64%
EPS 5YN/A
EPS Q2Q%8.44%
Revenue 1Y (TTM)6.08%
Revenue growth 3Y-0.54%
Revenue growth 5Y1.67%
Sales Q2Q%26.35%
3.2 Future
The Earnings Per Share is expected to grow by 12.67% on average over the next years. This is quite good.
The Revenue is expected to grow by 16.77% on average over the next years. This is quite good.
EPS Next Y18.93%
EPS Next 2Y12.67%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year29.16%
Revenue Next 2Y16.77%
Revenue Next 3YN/A
Revenue Next 5YN/A
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.
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
The Price/Earnings ratio is 21.34, which indicates a rather expensive current valuation of BELFA.
Based on the Price/Earnings ratio, BELFA is valued a bit cheaper than the industry average as 78.40% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.06. BELFA is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 17.50, the valuation of BELFA can be described as rather expensive.
BELFA's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. BELFA is cheaper than 77.60% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.69, BELFA is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.34 | ||
| Fwd PE | 17.5 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BELFA is valued a bit cheaper than 65.60% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BELFA indicates a somewhat cheap valuation: BELFA is cheaper than 71.20% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.15 | ||
| EV/EBITDA | 17.21 |
4.3 Compensation for Growth
BELFA's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of BELFA may justify a higher PE ratio.
A more expensive valuation may be justified as BELFA's earnings are expected to grow with 12.67% in the coming years.
PEG (NY)1.13
PEG (5Y)N/A
EPS Next 2Y12.67%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a yearly dividend of 0.20%, BELFA is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.48, BELFA pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.45, BELFA's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.2% |
5.2 History
The dividend of BELFA has a limited annual growth rate of 0.04%.
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)0.04%
Div Incr Years0
Div Non Decr Years21
5.3 Sustainability
6.74% of the earnings are spent on dividend by BELFA. This is a low number and sustainable payout ratio.
BELFA's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP6.74%
EPS Next 2Y12.67%
EPS Next 3YN/A
NASDAQ:BELFA (9/8/2025, 12:11:13 PM)
118.21
+0.64 (+0.54%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners50.34%
Inst Owner Change-5.08%
Ins Owners24.65%
Ins Owner ChangeN/A
Market Cap1.50B
Analysts84.44
Price TargetN/A
Short Float %1.16%
Short Ratio2.47
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.2% |
Yearly Dividend0.27
Dividend Growth(5Y)0.04%
DP6.74%
Div Incr Years0
Div Non Decr Years21
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)19.39%
Min EPS beat(2)13.97%
Max EPS beat(2)24.82%
EPS beat(4)4
Avg EPS beat(4)36.4%
Min EPS beat(4)13.97%
Max EPS beat(4)90.44%
EPS beat(8)7
Avg EPS beat(8)33.29%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)5.48%
Min Revenue beat(2)0.37%
Max Revenue beat(2)10.59%
Revenue beat(4)3
Avg Revenue beat(4)7.98%
Min Revenue beat(4)-0.8%
Max Revenue beat(4)21.75%
Revenue beat(8)4
Avg Revenue beat(8)2.18%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)14.56%
EPS NY rev (1m)11.17%
EPS NY rev (3m)11.17%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4%
Revenue NY rev (1m)3.07%
Revenue NY rev (3m)6.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.34 | ||
| Fwd PE | 17.5 | ||
| P/S | 2.52 | ||
| P/FCF | 31.15 | ||
| P/OCF | 23.17 | ||
| P/B | 3.7 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.21 |
EPS(TTM)5.54
EY4.69%
EPS(NY)6.75
Fwd EY5.71%
FCF(TTM)3.79
FCFY3.21%
OCF(TTM)5.1
OCFY4.32%
SpS46.92
BVpS31.97
TBVpS-2.49
PEG (NY)1.13
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.37% | ||
| ROE | 12.6% | ||
| ROCE | 9.09% | ||
| ROIC | 7.65% | ||
| ROICexc | 8.24% | ||
| ROICexgc | 19.1% | ||
| OM | 12.65% | ||
| PM (TTM) | 8.59% | ||
| GM | 37.84% | ||
| FCFM | 8.09% |
ROA(3y)8.88%
ROA(5y)6.86%
ROE(3y)17.71%
ROE(5y)14.38%
ROIC(3y)13.11%
ROIC(5y)9.78%
ROICexc(3y)15.67%
ROICexc(5y)11.77%
ROICexgc(3y)23.26%
ROICexgc(5y)17.27%
ROCE(3y)15.59%
ROCE(5y)11.63%
ROICexcg growth 3Y33.85%
ROICexcg growth 5Y56.02%
ROICexc growth 3Y10.39%
ROICexc growth 5Y40.88%
OM growth 3Y44.92%
OM growth 5Y65.85%
PM growth 3Y18.84%
PM growth 5YN/A
GM growth 3Y15.23%
GM growth 5Y11.11%
F-Score5
Asset Turnover0.62
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 5.27 | ||
| Debt/EBITDA | 2.59 | ||
| Cap/Depr | 73.16% | ||
| Cap/Sales | 2.79% | ||
| Interest Coverage | 6.26 | ||
| Cash Conversion | 66.07% | ||
| Profit Quality | 94.16% | ||
| Current Ratio | 3.05 | ||
| Quick Ratio | 1.72 | ||
| Altman-Z | 3.41 |
F-Score5
WACC9.02%
ROIC/WACC0.85
Cap/Depr(3y)78.75%
Cap/Depr(5y)65.07%
Cap/Sales(3y)1.96%
Cap/Sales(5y)1.76%
Profit Quality(3y)112.12%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-5.3%
EPS 3Y48.64%
EPS 5YN/A
EPS Q2Q%8.44%
EPS Next Y18.93%
EPS Next 2Y12.67%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)6.08%
Revenue growth 3Y-0.54%
Revenue growth 5Y1.67%
Sales Q2Q%26.35%
Revenue Next Year29.16%
Revenue Next 2Y16.77%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-13.5%
EBIT growth 3Y44.14%
EBIT growth 5Y68.62%
EBIT Next Year93.63%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-16.33%
FCF growth 3YN/A
FCF growth 5Y32.72%
OCF growth 1Y-7.43%
OCF growth 3Y151.97%
OCF growth 5Y24.81%