BEL FUSE INC-CL A (BELFA) Stock Fundamental Analysis
NASDAQ:BELFA - Nasdaq - US0773472016 - Common Stock - Currency: USD
We assign a fundamental rating of 6 out of 10 to BELFA. BELFA was compared to 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 has a correct valuation and a medium 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.
In the past 5 years BELFA always reported a positive cash flow from operatings.
1.2 Ratios
BELFA has a better Return On Assets (4.57%) than 71.20% of its industry peers.
BELFA has a Return On Equity of 11.40%. This is amongst the best in the industry. BELFA outperforms 80.80% of its industry peers.
With a decent Return On Invested Capital value of 7.34%, BELFA is doing good in the industry, outperforming 74.40% of the companies in the same industry.
BELFA had an Average Return On Invested Capital over the past 3 years of 13.11%. This is above the industry average of 9.35%.
The last Return On Invested Capital (7.34%) 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 | 4.57% | ||
| ROE | 11.4% | ||
| ROIC | 7.34% |
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
BELFA has a better Profit Margin (7.69%) than 80.00% of its industry peers.
In the last couple of years the Profit Margin of BELFA has grown nicely.
Looking at the Operating Margin, with a value of 12.94%, BELFA belongs to the top of the industry, outperforming 85.60% of the companies in the same industry.
In the last couple of years the Operating Margin of BELFA has grown nicely.
The Gross Margin of BELFA (38.13%) is better than 66.40% of its industry peers.
BELFA's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.94% | ||
| PM (TTM) | 7.69% | ||
| GM | 38.13% |
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
BELFA has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
BELFA has less shares outstanding than it did 1 year ago.
BELFA has more shares outstanding than it did 5 years ago.
The debt/assets ratio for BELFA is higher compared to a year ago.
2.2 Solvency
BELFA has an Altman-Z score of 2.79. This is not the best score and indicates that BELFA is in the grey zone with still only limited risk for bankruptcy at the moment.
BELFA's Altman-Z score of 2.79 is on the low side compared to the rest of the industry. BELFA is outperformed by 60.00% of its industry peers.
The Debt to FCF ratio of BELFA is 4.59, which is a neutral value as it means it would take BELFA, 4.59 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of BELFA (4.59) is better than 63.20% of its industry peers.
A Debt/Equity ratio of 0.76 indicates that BELFA is somewhat dependend on debt financing.
BELFA's Debt to Equity ratio of 0.76 is on the low side compared to the rest of the industry. BELFA is outperformed by 86.40% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.76 | ||
| Debt/FCF | 4.59 | ||
| Altman-Z | 2.79 |
ROIC/WACC0.83
WACC8.83%
2.3 Liquidity
A Current Ratio of 3.31 indicates that BELFA has no problem at all paying its short term obligations.
The Current ratio of BELFA (3.31) is better than 68.00% of its industry peers.
A Quick Ratio of 1.83 indicates that BELFA should not have too much problems paying its short term obligations.
BELFA has a Quick ratio (1.83) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.31 | ||
| Quick Ratio | 1.83 |
3. Growth
3.1 Past
The earnings per share for BELFA have decreased strongly by -12.74% in the last year.
The Earnings Per Share has been growing by 48.64% on average over the past years. This is a very strong growth
BELFA shows a decrease in Revenue. In the last year, the revenue decreased by -6.16%.
BELFA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.67% yearly.
EPS 1Y (TTM)-12.74%
EPS 3Y48.64%
EPS 5YN/A
EPS Q2Q%7.14%
Revenue 1Y (TTM)-6.16%
Revenue growth 3Y-0.54%
Revenue growth 5Y1.67%
Sales Q2Q%18.85%
3.2 Future
The Earnings Per Share is expected to grow by 9.56% on average over the next years. This is quite good.
Based on estimates for the next years, BELFA will show a quite strong growth in Revenue. The Revenue will grow by 14.58% on average per year.
EPS Next Y6.99%
EPS Next 2Y9.56%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year21.67%
Revenue Next 2Y14.58%
Revenue Next 3YN/A
Revenue Next 5YN/A
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 decreasing.
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
BELFA is valuated correctly with a Price/Earnings ratio of 14.75.
Compared to the rest of the industry, the Price/Earnings ratio of BELFA indicates a rather cheap valuation: BELFA is cheaper than 88.80% of the companies listed in the same industry.
BELFA's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.60.
The Price/Forward Earnings ratio is 12.49, which indicates a correct valuation of BELFA.
BELFA's Price/Forward Earnings ratio is rather cheap when compared to the industry. BELFA is cheaper than 88.00% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.39. BELFA is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.75 | ||
| Fwd PE | 12.49 |
4.2 Price Multiples
BELFA's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. BELFA is cheaper than 71.20% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, BELFA is valued cheaper than 84.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.28 | ||
| EV/EBITDA | 13.38 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates BELFA does not grow enough to justify the current Price/Earnings ratio.
BELFA has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.11
PEG (5Y)N/A
EPS Next 2Y9.56%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a yearly dividend of 0.36%, BELFA is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.07, BELFA pays a better dividend. On top of this BELFA pays more dividend than 80.80% of the companies listed in the same industry.
With a Dividend Yield of 0.36, BELFA pays less dividend than the S&P500 average, which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.36% |
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)0.04%
Div Incr Years0
Div Non Decr Years21
5.3 Sustainability
8.02% 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.
DP8.02%
EPS Next 2Y9.56%
EPS Next 3YN/A
NASDAQ:BELFA (6/12/2025, 8:00:01 PM)
79.78
+3.78 (+4.97%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners51.12%
Inst Owner Change-3.51%
Ins Owners24.52%
Ins Owner ChangeN/A
Market Cap1.01B
Analysts84.44
Price TargetN/A
Short Float %1.59%
Short Ratio5.38
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.36% |
Yearly Dividend0.27
Dividend Growth(5Y)0.04%
DP8.02%
Div Incr Years0
Div Non Decr Years21
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)52.21%
Min EPS beat(2)13.97%
Max EPS beat(2)90.44%
EPS beat(4)4
Avg EPS beat(4)48.18%
Min EPS beat(4)13.97%
Max EPS beat(4)90.44%
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)11.06%
Min Revenue beat(2)0.37%
Max Revenue beat(2)21.75%
Revenue beat(4)3
Avg Revenue beat(4)5.59%
Min Revenue beat(4)-0.8%
Max Revenue beat(4)21.75%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
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)-5.87%
EPS NY rev (1m)-0.97%
EPS NY rev (3m)27.03%
Revenue NQ rev (1m)-1.5%
Revenue NQ rev (3m)-6.93%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.75 | ||
| Fwd PE | 12.49 | ||
| P/S | 1.81 | ||
| P/FCF | 16.28 | ||
| P/OCF | 13.29 | ||
| P/B | 2.68 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.38 |
EPS(TTM)5.41
EY6.78%
EPS(NY)6.39
Fwd EY8%
FCF(TTM)4.9
FCFY6.14%
OCF(TTM)6
OCFY7.52%
SpS44.12
BVpS29.75
TBVpS-4.7
PEG (NY)2.11
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.57% | ||
| ROE | 11.4% | ||
| ROCE | 8.72% | ||
| ROIC | 7.34% | ||
| ROICexc | 7.98% | ||
| ROICexgc | 18.67% | ||
| OM | 12.94% | ||
| PM (TTM) | 7.69% | ||
| GM | 38.13% | ||
| FCFM | 11.11% |
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 Turnover0.59
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.76 | ||
| Debt/FCF | 4.59 | ||
| Debt/EBITDA | 3.11 | ||
| Cap/Depr | 71.79% | ||
| Cap/Sales | 2.5% | ||
| Interest Coverage | 8.02 | ||
| Cash Conversion | 82.87% | ||
| Profit Quality | 144.53% | ||
| Current Ratio | 3.31 | ||
| Quick Ratio | 1.83 | ||
| Altman-Z | 2.79 |
F-Score5
WACC8.83%
ROIC/WACC0.83
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)-12.74%
EPS 3Y48.64%
EPS 5YN/A
EPS Q2Q%7.14%
EPS Next Y6.99%
EPS Next 2Y9.56%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-6.16%
Revenue growth 3Y-0.54%
Revenue growth 5Y1.67%
Sales Q2Q%18.85%
Revenue Next Year21.67%
Revenue Next 2Y14.58%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-15.3%
EBIT growth 3Y44.14%
EBIT growth 5Y68.62%
EBIT Next Year78.96%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y14.35%
FCF growth 3YN/A
FCF growth 5Y32.72%
OCF growth 1Y17.29%
OCF growth 3Y151.97%
OCF growth 5Y24.81%