BEL FUSE INC-CL A (BELFA) Stock Fundamental Analysis
USA - NASDAQ:BELFA - US0773472016 - Common Stock
118.22 USD
-6.56 (-5.26%)
Overall BELFA gets a fundamental rating of 6 out of 10. We evaluated BELFA against 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 decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
BELFA had positive earnings in the past year.
BELFA had a positive operating cash flow in the past year.
Each year in the past 5 years BELFA has been profitable.
Each year in the past 5 years BELFA had a positive operating cash flow.
1.2 Ratios
BELFA has a Return On Assets of 5.37%. This is in the better half of the industry: BELFA outperforms 76.00% of its industry peers.
BELFA's Return On Equity of 12.60% is amongst the best of the industry. BELFA outperforms 83.20% of its industry peers.
BELFA's Return On Invested Capital of 7.65% is fine compared to the rest of the industry. BELFA outperforms 76.80% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BELFA is above the industry average of 9.48%.
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
BELFA's Profit Margin of 8.59% is fine compared to the rest of the industry. BELFA outperforms 79.20% of its industry peers.
In the last couple of years the Profit Margin of BELFA has grown nicely.
BELFA's Operating Margin of 12.65% is amongst the best of the industry. BELFA outperforms 82.40% of its industry peers.
BELFA's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 37.84%, BELFA is doing good in the industry, outperforming 64.80% of the companies in the same industry.
BELFA's Gross Margin has improved in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BELFA 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
BELFA has an Altman-Z score of 3.52. This indicates that BELFA is financially healthy and has little risk of bankruptcy at the moment.
With a Altman-Z score value of 3.52, BELFA perfoms like the industry average, outperforming 52.80% of the companies in the same industry.
BELFA has a debt to FCF ratio of 5.27. This is a neutral value as BELFA would need 5.27 years to pay back of all of its debts.
The Debt to FCF ratio of BELFA (5.27) is better than 62.40% 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 77.60% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 5.27 | ||
| Altman-Z | 3.52 |
ROIC/WACC0.85
WACC9%
2.3 Liquidity
A Current Ratio of 3.05 indicates that BELFA has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 3.05, BELFA is in the better half of the industry, outperforming 64.80% of the companies in the same industry.
A Quick Ratio of 1.72 indicates that BELFA should not have too much problems paying its short term obligations.
BELFA has a Quick ratio (1.72) which 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
The earnings per share for BELFA have decreased by -5.30% in the last year.
BELFA shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 48.64% yearly.
Looking at the last year, BELFA shows a small growth in Revenue. The Revenue has grown by 6.08% in the last 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
The Earnings Per Share is expected to grow by 12.67% 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 16.77% on average per year.
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
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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
BELFA is valuated rather expensively with a Price/Earnings ratio of 21.34.
Based on the Price/Earnings ratio, BELFA is valued a bit cheaper than the industry average as 76.80% of the companies are valued more expensively.
BELFA is valuated rather cheaply when we compare the Price/Earnings ratio to 27.30, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 17.50, the valuation of BELFA can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BELFA indicates a somewhat cheap valuation: BELFA is cheaper than 72.80% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.73. BELFA is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.34 | ||
| Fwd PE | 17.5 |
4.2 Price Multiples
65.60% of the companies in the same industry are more expensive than BELFA, based on the Enterprise Value to EBITDA ratio.
70.40% 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 | 31.16 | ||
| EV/EBITDA | 18.15 |
4.3 Compensation for Growth
BELFA's 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)1.13
PEG (5Y)N/A
EPS Next 2Y12.67%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a yearly dividend of 0.19%, BELFA is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.45, BELFA pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.41, BELFA's dividend is way lower than the S&P500 average.
| 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.
BELFA's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP6.74%
EPS Next 2Y12.67%
EPS Next 3YN/A
NASDAQ:BELFA (9/12/2025, 8:00:01 PM)
118.22
-6.56 (-5.26%)
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-5.08%
Ins Owners24.65%
Ins Owner ChangeN/A
Market Cap1.50B
Analysts84.44
Price TargetN/A
Short Float %1.16%
Short Ratio2.47
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)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 | 21.34 | ||
| Fwd PE | 17.5 | ||
| P/S | 2.52 | ||
| P/FCF | 31.16 | ||
| P/OCF | 23.17 | ||
| P/B | 3.7 | ||
| P/tB | N/A | ||
| EV/EBITDA | 18.15 |
EPS(TTM)5.54
EY4.69%
EPS(NY)6.75
Fwd EY5.71%
FCF(TTM)3.79
FCFY3.21%
OCF(TTM)5.1
OCFY4.32%
SpS46.92
BVpS31.97
TBVpS-2.49
PEG (NY)1.13
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 | 3.52 |
F-Score5
WACC9%
ROIC/WACC0.85
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%