BEL FUSE INC-CL A (BELFA) Stock Fundamental Analysis
NASDAQ:BELFA - Nasdaq - US0773472016 - Common Stock - Currency: USD
BELFA gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 125 industry peers in the Electronic Equipment, Instruments & Components industry. While BELFA belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. BELFA is valued quite cheap, while showing a decent growth score. This is a good combination! 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.
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 better Return On Equity (11.40%) than 80.80% of its industry peers.
BELFA has a Return On Invested Capital of 7.34%. This is in the better half of the industry: BELFA outperforms 73.60% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BELFA is above the industry average of 9.29%.
The 3 year average ROIC (13.11%) for BELFA is well above the current ROIC(7.34%). The reason for the recent decline needs to be investigated.
| 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 78.40% of its industry peers.
In the last couple of years the Profit Margin of BELFA has grown nicely.
BELFA's Operating Margin of 12.94% is amongst the best of the industry. BELFA outperforms 86.40% of its industry peers.
In the last couple of years the Operating Margin of BELFA has grown nicely.
The Gross Margin of BELFA (38.13%) is better than 67.20% of its industry peers.
In the last couple of years the Gross Margin of BELFA has grown nicely.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BELFA is still 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.
BELFA has a worse debt/assets ratio than last year.
2.2 Solvency
BELFA has an Altman-Z score of 2.60. 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.
The Altman-Z score of BELFA (2.60) is comparable to the rest of the industry.
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.
BELFA has a Debt to FCF ratio of 4.59. This is in the better half of the industry: BELFA outperforms 62.40% of its industry peers.
BELFA has a Debt/Equity ratio of 0.76. This is a neutral value indicating BELFA is somewhat dependend on debt financing.
BELFA has a Debt to Equity ratio of 0.76. This is amonst the worse of the industry: BELFA underperforms 84.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.76 | ||
| Debt/FCF | 4.59 | ||
| Altman-Z | 2.6 |
ROIC/WACC0.82
WACC8.9%
2.3 Liquidity
A Current Ratio of 3.31 indicates that BELFA has no problem at all paying its short term obligations.
With a decent Current ratio value of 3.31, BELFA is doing good in the industry, outperforming 72.00% of the companies in the same industry.
A Quick Ratio of 1.83 indicates that BELFA should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.83, BELFA perfoms like the industry average, outperforming 58.40% of the companies in the same 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.
Measured over the past years, BELFA shows a very strong growth in Earnings Per Share. The EPS has been growing by 48.64% on average per year.
The Revenue has decreased by -6.16% in the past 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)-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.
The Revenue is expected to grow by 14.58% on average over the next years. This is quite good.
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
The Price/Earnings ratio is 12.10, which indicates a correct valuation of BELFA.
92.00% of the companies in the same industry are more expensive than BELFA, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of BELFA to the average of the S&P500 Index (26.03), we can say BELFA is valued rather cheaply.
The Price/Forward Earnings ratio is 10.25, which indicates a very decent valuation of BELFA.
92.80% of the companies in the same industry are more expensive than BELFA, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.94, BELFA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.1 | ||
| Fwd PE | 10.25 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BELFA indicates a somewhat cheap valuation: BELFA is cheaper than 76.80% of the companies listed in the same industry.
88.00% of the companies in the same industry are more expensive than BELFA, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.36 | ||
| EV/EBITDA | 11.41 |
4.3 Compensation for Growth
The 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.
PEG (NY)1.73
PEG (5Y)N/A
EPS Next 2Y9.56%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a yearly dividend of 0.33%, BELFA is not a good candidate for dividend investing.
The stock price of BELFA dropped by -22.64% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 2.09, BELFA pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.33, BELFA pays less dividend than the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.33% |
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.
The dividend of BELFA is growing, but earnings are growing more, so the dividend growth is sustainable.
DP8.02%
EPS Next 2Y9.56%
EPS Next 3YN/A
NASDAQ:BELFA (5/21/2025, 4:04:03 PM)
65.48
-2 (-2.96%)
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-3.38%
Ins Owners24.52%
Ins Owner ChangeN/A
Market Cap829.63M
Analysts84.44
Price TargetN/A
Short Float %1.73%
Short Ratio5.65
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.33% |
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)-5.87%
EPS NQ rev (3m)21.4%
EPS NY rev (1m)-0.97%
EPS NY rev (3m)27.03%
Revenue NQ rev (1m)-6.93%
Revenue NQ rev (3m)15.66%
Revenue NY rev (1m)-3.38%
Revenue NY rev (3m)20.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.1 | ||
| Fwd PE | 10.25 | ||
| P/S | 1.48 | ||
| P/FCF | 13.36 | ||
| P/OCF | 10.91 | ||
| P/B | 2.2 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.41 |
EPS(TTM)5.41
EY8.26%
EPS(NY)6.39
Fwd EY9.75%
FCF(TTM)4.9
FCFY7.48%
OCF(TTM)6
OCFY9.17%
SpS44.12
BVpS29.75
TBVpS-4.7
PEG (NY)1.73
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 | 2.6 |
F-Score5
WACC8.9%
ROIC/WACC0.82
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 Year65.25%
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%