BEL FUSE INC-CL B (BELFB) Stock Fundamental Analysis
NASDAQ:BELFB - US0773473006 - Common Stock
134.56 USD
-1.72 (-1.27%)
134.56 USD
0 (0%)
BELFB 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. BELFB has an excellent profitability rating, but there are some minor concerns on its financial health. BELFB has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year BELFB was profitable.
In the past year BELFB had a positive cash flow from operations.
Each year in the past 5 years BELFB has been profitable.
Each year in the past 5 years BELFB had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 5.37%, BELFB is doing good in the industry, outperforming 75.20% of the companies in the same industry.
With an excellent Return On Equity value of 12.60%, BELFB belongs to the best of the industry, outperforming 82.40% of the companies in the same industry.
The Return On Invested Capital of BELFB (7.65%) is better than 76.00% of its industry peers.
BELFB had an Average Return On Invested Capital over the past 3 years of 13.11%. This is above the industry average of 9.67%.
The last Return On Invested Capital (7.65%) for BELFB is well below the 3 year average (13.11%), which needs to be investigated, but indicates that BELFB 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
The Profit Margin of BELFB (8.59%) is better than 78.40% of its industry peers.
BELFB's Profit Margin has improved in the last couple of years.
BELFB's Operating Margin of 12.65% is amongst the best of the industry. BELFB outperforms 81.60% of its industry peers.
BELFB's Operating Margin has improved in the last couple of years.
BELFB has a better Gross Margin (37.84%) than 64.00% of its industry peers.
In the last couple of years the Gross Margin of BELFB 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
BELFB has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
BELFB has less shares outstanding than it did 1 year ago.
BELFB has more shares outstanding than it did 5 years ago.
BELFB has a worse debt/assets ratio than last year.
2.2 Solvency
BELFB has an Altman-Z score of 3.65. This indicates that BELFB is financially healthy and has little risk of bankruptcy at the moment.
With a Altman-Z score value of 3.65, BELFB perfoms like the industry average, outperforming 58.40% of the companies in the same industry.
The Debt to FCF ratio of BELFB is 5.27, which is a neutral value as it means it would take BELFB, 5.27 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 5.27, BELFB is doing good in the industry, outperforming 61.60% of the companies in the same industry.
BELFB has a Debt/Equity ratio of 0.63. This is a neutral value indicating BELFB is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.63, BELFB is not doing good in the industry: 78.40% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 5.27 | ||
| Altman-Z | 3.65 |
ROIC/WACC0.82
WACC9.3%
2.3 Liquidity
A Current Ratio of 3.05 indicates that BELFB has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 3.05, BELFB is in the better half of the industry, outperforming 64.00% of the companies in the same industry.
A Quick Ratio of 1.72 indicates that BELFB should not have too much problems paying its short term obligations.
The Quick ratio of BELFB (1.72) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.05 | ||
| Quick Ratio | 1.72 |
3. Growth
3.1 Past
BELFB 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
BELFB shows a small growth in Revenue. In the last year, the Revenue has grown by 6.08%.
The Revenue has been growing slightly by 1.67% on average over the past years.
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.
BELFB is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.77% yearly.
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
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
The Price/Earnings ratio is 24.29, which indicates a rather expensive current valuation of BELFB.
Compared to the rest of the industry, the Price/Earnings ratio of BELFB indicates a somewhat cheap valuation: BELFB is cheaper than 71.20% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.08. BELFB is around the same levels.
The Price/Forward Earnings ratio is 19.92, which indicates a rather expensive current valuation of BELFB.
BELFB's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. BELFB is cheaper than 68.80% of the companies in the same industry.
BELFB is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.72, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.29 | ||
| Fwd PE | 19.92 |
4.2 Price Multiples
BELFB's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, BELFB is valued a bit cheaper than the industry average as 68.80% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35.46 | ||
| EV/EBITDA | 19.41 |
4.3 Compensation for Growth
BELFB's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of BELFB may justify a higher PE ratio.
BELFB's earnings are expected to grow with 12.67% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.28
PEG (5Y)N/A
EPS Next 2Y12.67%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a yearly dividend of 0.21%, BELFB is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.49, BELFB pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.35, BELFB's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.21% |
5.2 History
The dividend of BELFB has a limited annual growth rate of 0.04%.
BELFB has paid a dividend for at least 10 years, which is a reliable track record.
BELFB 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 Years25
5.3 Sustainability
6.74% of the earnings are spent on dividend by BELFB. This is a low number and sustainable payout ratio.
The dividend of BELFB is growing, but earnings are growing more, so the dividend growth is sustainable.
DP6.74%
EPS Next 2Y12.67%
EPS Next 3YN/A
134.56
-1.72 (-1.27%)
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-84.62%
Ins Owners24.65%
Ins Owner Change3.2%
Market Cap1.70B
Analysts84.44
Price TargetN/A
Short Float %33.18%
Short Ratio3.06
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.21% |
Yearly Dividend0.27
Dividend Growth(5Y)0.04%
DP6.74%
Div Incr Years0
Div Non Decr Years25
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 | 24.29 | ||
| Fwd PE | 19.92 | ||
| P/S | 2.87 | ||
| P/FCF | 35.46 | ||
| P/OCF | 26.38 | ||
| P/B | 4.21 | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.41 |
EPS(TTM)5.54
EY4.12%
EPS(NY)6.75
Fwd EY5.02%
FCF(TTM)3.79
FCFY2.82%
OCF(TTM)5.1
OCFY3.79%
SpS46.92
BVpS31.97
TBVpS-2.49
PEG (NY)1.28
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 | 3.65 |
F-Score5
WACC9.3%
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)-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%