BEL FUSE INC-CL A (BELFA) Stock Fundamental Analysis
USA - NASDAQ:BELFA - US0773472016 - Common Stock
135.165 USD
+7.76 (+6.09%)
BELFA gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 123 industry peers in the Electronic Equipment, Instruments & Components industry. While BELFA has a great profitability rating, 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.
In the past year BELFA had a positive cash flow from operations.
BELFA had positive earnings in each of the past 5 years.
Each year in the past 5 years BELFA had a positive operating cash flow.
1.2 Ratios
BELFA's Return On Assets of 5.37% is fine compared to the rest of the industry. BELFA outperforms 75.61% of its industry peers.
The Return On Equity of BELFA (12.60%) is better than 82.11% of its industry peers.
BELFA has a better Return On Invested Capital (7.65%) than 75.61% 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 9.33%.
The 3 year average ROIC (13.11%) for BELFA is well above the current ROIC(7.65%). The reason for the recent decline needs to be investigated.
| 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
Looking at the Profit Margin, with a value of 8.59%, BELFA is in the better half of the industry, outperforming 77.24% of the companies in the same industry.
BELFA's Profit Margin has improved in the last couple of years.
BELFA's Operating Margin of 12.65% is amongst the best of the industry. BELFA outperforms 82.11% of its industry peers.
BELFA's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 37.84%, BELFA is in the better half of the industry, outperforming 64.23% of the companies in the same industry.
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
BELFA has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for BELFA has been reduced compared to 1 year ago.
Compared to 5 years ago, BELFA has more shares outstanding
Compared to 1 year ago, BELFA has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.55 indicates that BELFA is not in any danger for bankruptcy at the moment.
The Altman-Z score of BELFA (3.55) is comparable to the rest of the industry.
The Debt to FCF ratio of BELFA is 5.27, which is a neutral value as it means it would take BELFA, 5.27 years of fcf income to pay off all of its debts.
BELFA has a Debt to FCF ratio of 5.27. This is in the better half of the industry: BELFA outperforms 60.98% of its industry peers.
BELFA has a Debt/Equity ratio of 0.63. This is a neutral value indicating BELFA is somewhat dependend on debt financing.
BELFA has a worse Debt to Equity ratio (0.63) than 78.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 5.27 | ||
| Altman-Z | 3.55 |
ROIC/WACC0.86
WACC8.88%
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 63.41% 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 has a Quick ratio (1.72) which is in line with 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%.
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 been growing slightly by 6.08% in the past year.
BELFA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.67% yearly.
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
Based on estimates for the next years, BELFA will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.67% on average per year.
The Revenue is expected to grow by 14.69% 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 3Y14.69%
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.
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
Based on the Price/Earnings ratio of 24.40, the valuation of BELFA can be described as rather expensive.
75.61% 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 (27.67), we can say BELFA is valued inline with the index average.
BELFA is valuated rather expensively with a Price/Forward Earnings ratio of 20.01.
74.80% 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 23.33, BELFA is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.4 | ||
| Fwd PE | 20.01 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BELFA is valued a bit cheaper than the industry average as 63.41% of the companies are valued more expensively.
69.92% 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 | 35.62 | ||
| EV/EBITDA | 18.48 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
BELFA has an outstanding profitability rating, which may justify a higher PE ratio.
BELFA's earnings are expected to grow with 12.67% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.29
PEG (5Y)N/A
EPS Next 2Y12.67%
EPS Next 3YN/A
5. Dividend
5.1 Amount
BELFA has a yearly dividend return of 0.19%, which is pretty low.
BELFA's Dividend Yield is a higher than the industry average which is at 2.05.
With a Dividend Yield of 0.19, BELFA pays less dividend than the S&P500 average, which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.19% |
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.
The dividend of BELFA is growing, but earnings are growing more, so the dividend growth is sustainable.
DP6.74%
EPS Next 2Y12.67%
EPS Next 3YN/A
NASDAQ:BELFA (10/23/2025, 8:00:01 PM)
135.165
+7.76 (+6.09%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners46.72%
Inst Owner Change0%
Ins Owners22.16%
Ins Owner ChangeN/A
Market Cap1.71B
Revenue(TTM)594.03M
Net Income(TTM)51.02M
Analysts84.44
Price TargetN/A
Short Float %0.98%
Short Ratio1.9
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.19% |
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)23.64%
EPS NY rev (1m)0%
EPS NY rev (3m)11.17%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)10.62%
Revenue NY rev (1m)0%
Revenue NY rev (3m)6.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.4 | ||
| Fwd PE | 20.01 | ||
| P/S | 2.88 | ||
| P/FCF | 35.62 | ||
| P/OCF | 26.5 | ||
| P/B | 4.23 | ||
| P/tB | N/A | ||
| EV/EBITDA | 18.48 |
EPS(TTM)5.54
EY4.1%
EPS(NY)6.75
Fwd EY5%
FCF(TTM)3.79
FCFY2.81%
OCF(TTM)5.1
OCFY3.77%
SpS46.92
BVpS31.97
TBVpS-2.49
PEG (NY)1.29
PEG (5Y)N/A
Graham Number63.13
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%
ROICexgc growth 3Y33.85%
ROICexgc 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 | 3.55 |
F-Score5
WACC8.88%
ROIC/WACC0.86
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 3Y14.69%
Revenue Next 5YN/A
EBIT growth 1Y-13.5%
EBIT growth 3Y44.14%
EBIT growth 5Y68.62%
EBIT Next Year108.9%
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%