187.81 USD
+6.83 (+3.77%)
BELFA gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 123 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 growing strongly while it is still valued neutral. This is a good combination! These ratings would make BELFA suitable for growth investing!
1. Profitability
1.1 Basic Checks
- In the past year BELFA was profitable.
- BELFA had a positive operating cash flow in the past year.
- BELFA had positive earnings in each of the past 5 years.
- In the past 5 years BELFA always reported a positive cash flow from operatings.
1.2 Ratios
- Looking at the Return On Assets, with a value of 6.84%, BELFA belongs to the top of the industry, outperforming 82.93% of the companies in the same industry.
- The Return On Equity of BELFA (15.24%) is better than 83.74% of its industry peers.
- BELFA has a Return On Invested Capital of 9.32%. This is amongst the best in the industry. BELFA outperforms 81.30% of its industry peers.
- BELFA had an Average Return On Invested Capital over the past 3 years of 13.11%. This is above the industry average of 8.87%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.84% | ||
| ROE | 15.24% | ||
| ROIC | 9.32% |
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 (10.04%) than 84.55% of its industry peers.
- BELFA's Profit Margin has improved in the last couple of years.
- BELFA has a better Operating Margin (14.09%) than 87.80% of its industry peers.
- BELFA's Operating Margin has improved in the last couple of years.
- The Gross Margin of BELFA (38.69%) is better than 67.48% of its industry peers.
- In the last couple of years the Gross Margin of BELFA has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.09% | ||
| PM (TTM) | 10.04% | ||
| GM | 38.69% |
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.
- The debt/assets ratio for BELFA is higher compared to a year ago.
2.2 Solvency
- BELFA has an Altman-Z score of 4.55. This indicates that BELFA is financially healthy and has little risk of bankruptcy at the moment.
- BELFA has a better Altman-Z score (4.55) than 65.85% of its industry peers.
- BELFA has a debt to FCF ratio of 5.07. This is a neutral value as BELFA would need 5.07 years to pay back of all of its debts.
- BELFA has a better Debt to FCF ratio (5.07) than 62.60% of its industry peers.
- BELFA has a Debt/Equity ratio of 0.53. This is a neutral value indicating BELFA is somewhat dependend on debt financing.
- BELFA's Debt to Equity ratio of 0.53 is on the low side compared to the rest of the industry. BELFA is outperformed by 71.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 5.07 | ||
| Altman-Z | 4.55 |
ROIC/WACC1.1
WACC8.45%
2.3 Liquidity
- A Current Ratio of 3.06 indicates that BELFA has no problem at all paying its short term obligations.
- The Current ratio of BELFA (3.06) is better than 63.41% of its industry peers.
- BELFA has a Quick Ratio of 1.75. This is a normal value and indicates that BELFA is financially healthy and should not expect problems in meeting its short term obligations.
- The Quick ratio of BELFA (1.75) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.06 | ||
| Quick Ratio | 1.75 |
3. Growth
3.1 Past
- BELFA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 28.68%, which is quite impressive.
- BELFA shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 48.64% yearly.
- The Revenue has grown by 23.70% in the past year. This is a very strong growth!
- BELFA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.67% yearly.
EPS 1Y (TTM)28.68%
EPS 3Y48.64%
EPS 5YN/A
EPS Q2Q%111.11%
Revenue 1Y (TTM)23.7%
Revenue growth 3Y-0.54%
Revenue growth 5Y1.67%
Sales Q2Q%44.76%
3.2 Future
- The Earnings Per Share is expected to grow by 16.28% on average over the next years. This is quite good.
- The Revenue is expected to grow by 14.41% on average over the next years. This is quite good.
EPS Next Y28.92%
EPS Next 2Y16.83%
EPS Next 3Y16.28%
EPS Next 5YN/A
Revenue Next Year32.28%
Revenue Next 2Y18.68%
Revenue Next 3Y14.41%
Revenue Next 5YN/A
3.3 Evolution
- Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
- 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
- With a Price/Earnings ratio of 28.28, BELFA can be considered very expensive at the moment.
- Based on the Price/Earnings ratio, BELFA is valued a bit cheaper than 69.11% of the companies in the same industry.
- BELFA's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.25.
- The Price/Forward Earnings ratio is 25.86, which means the current valuation is very expensive for BELFA.
- Based on the Price/Forward Earnings ratio, BELFA is valued a bit cheaper than 65.04% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.98, BELFA is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.28 | ||
| Fwd PE | 25.86 |
4.2 Price Multiples
- BELFA's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. BELFA is cheaper than 62.60% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, BELFA is valued a bit cheaper than 62.60% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 53.3 | ||
| EV/EBITDA | 21 |
4.3 Compensation for Growth
- BELFA's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap 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 16.28% in the coming years.
PEG (NY)0.98
PEG (5Y)N/A
EPS Next 2Y16.83%
EPS Next 3Y16.28%
5. Dividend
5.1 Amount
- With a yearly dividend of 0.13%, BELFA is not a good candidate for dividend investing.
- BELFA's Dividend Yield is a higher than the industry average which is at 0.46.
- With a Dividend Yield of 0.13, BELFA pays less dividend than the S&P500 average, which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.13% |
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
- BELFA pays out 5.31% of its income as dividend. This is a sustainable payout ratio.
- The dividend of BELFA is growing, but earnings are growing more, so the dividend growth is sustainable.
DP5.31%
EPS Next 2Y16.83%
EPS Next 3Y16.28%
BEL FUSE INC-CL A / BELFA FAQ
What is the fundamental rating for BELFA stock?
ChartMill assigns a fundamental rating of 7 / 10 to BELFA.
What is the valuation status for BELFA stock?
ChartMill assigns a valuation rating of 5 / 10 to BEL FUSE INC-CL A (BELFA). This can be considered as Fairly Valued.
Can you provide the profitability details for BEL FUSE INC-CL A?
BEL FUSE INC-CL A (BELFA) has a profitability rating of 9 / 10.
Can you provide the expected EPS growth for BELFA stock?
The Earnings per Share (EPS) of BEL FUSE INC-CL A (BELFA) is expected to grow by 28.92% in the next year.
Can you provide the dividend sustainability for BELFA stock?
The dividend rating of BEL FUSE INC-CL A (BELFA) is 6 / 10 and the dividend payout ratio is 5.31%.