120.53 USD
+6.51 (+5.71%)
120.53 USD
0 (0%)
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 has a great profitability rating, there are some minor concerns on its financial health. BELFA is growing strongly while it also seems undervalued. This is an interesting combination With these ratings, BELFA could be worth investigating further for value and 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.
In the past 5 years BELFA has always been profitable.
Each year in the past 5 years BELFA had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 6.84%, BELFA belongs to the best of the industry, outperforming 82.26% of the companies in the same industry.
With an excellent Return On Equity value of 15.24%, BELFA belongs to the best of the industry, outperforming 83.87% of the companies in the same industry.
BELFA has a better Return On Invested Capital (9.32%) than 80.65% 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 9.11%.
| 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
With an excellent Profit Margin value of 10.04%, BELFA belongs to the best of the industry, outperforming 82.26% of the companies in the same industry.
BELFA's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 14.09%, BELFA belongs to the best of the industry, outperforming 86.29% of the companies in the same industry.
BELFA's Operating Margin has improved in the last couple of years.
BELFA has a Gross Margin of 38.69%. This is in the better half of the industry: BELFA outperforms 66.94% 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.
The number of shares outstanding for BELFA has been reduced compared to 1 year ago.
BELFA has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, BELFA has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.67 indicates that BELFA is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.67, BELFA is in line with its industry, outperforming 58.87% of the companies in the same industry.
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.
With a decent Debt to FCF ratio value of 5.07, BELFA is doing good in the industry, outperforming 62.90% of the companies in the same industry.
A Debt/Equity ratio of 0.53 indicates that BELFA is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.53, BELFA is doing worse than 72.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 5.07 | ||
| Altman-Z | 3.67 |
ROIC/WACC1.05
WACC8.86%
2.3 Liquidity
A Current Ratio of 3.06 indicates that BELFA has no problem at all paying its short term obligations.
BELFA has a Current ratio of 3.06. This is in the better half of the industry: BELFA outperforms 62.90% 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.
The Earnings Per Share has been growing by 48.64% on average over the past years. This is a very strong growth
The Revenue has grown by 23.70% in the past year. This is a very strong growth!
The Revenue has been growing slightly by 1.67% on average over the past years.
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
BELFA is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.83% yearly.
The Revenue is expected to grow by 14.69% on average over the next years. This is quite good.
EPS Next Y28.92%
EPS Next 2Y16.83%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year30.5%
Revenue Next 2Y17.72%
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
BELFA is valuated rather expensively with a Price/Earnings ratio of 18.15.
Based on the Price/Earnings ratio, BELFA is valued cheaper than 83.06% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 25.47. BELFA is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 16.60, the valuation of BELFA can be described as correct.
Based on the Price/Forward Earnings ratio, BELFA is valued a bit cheaper than the industry average as 79.03% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 34.42. BELFA is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.15 | ||
| Fwd PE | 16.6 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BELFA is valued a bit cheaper than the industry average as 67.74% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, BELFA is valued a bit cheaper than 66.94% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.21 | ||
| EV/EBITDA | 14.46 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap 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 16.83% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.63
PEG (5Y)N/A
EPS Next 2Y16.83%
EPS Next 3YN/A
5. Dividend
5.1 Amount
BELFA has a yearly dividend return of 0.21%, which is pretty low.
Compared to an average industry Dividend Yield of 2.45, 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 | 0.21% |
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
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 3YN/A
120.53
+6.51 (+5.71%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners46.72%
Inst Owner Change0.84%
Ins Owners22.16%
Ins Owner ChangeN/A
Market Cap1.53B
Revenue(TTM)649.38M
Net Income(TTM)65.19M
Analysts84.44
Price TargetN/A
Short Float %1.23%
Short Ratio1.65
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.21% |
Yearly Dividend0.27
Dividend Growth(5Y)0.04%
DP5.31%
Div Incr Years0
Div Non Decr Years21
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)22.66%
Min EPS beat(2)20.49%
Max EPS beat(2)24.82%
EPS beat(4)4
Avg EPS beat(4)37.43%
Min EPS beat(4)13.97%
Max EPS beat(4)90.44%
EPS beat(8)7
Avg EPS beat(8)32.3%
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)6.63%
Min Revenue beat(2)2.67%
Max Revenue beat(2)10.59%
Revenue beat(4)4
Avg Revenue beat(4)8.85%
Min Revenue beat(4)0.37%
Max Revenue beat(4)21.75%
Revenue beat(8)5
Avg Revenue beat(8)2.86%
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)9.43%
EPS NQ rev (3m)9.43%
EPS NY rev (1m)8.4%
EPS NY rev (3m)8.4%
Revenue NQ rev (1m)3.71%
Revenue NQ rev (3m)3.71%
Revenue NY rev (1m)1.04%
Revenue NY rev (3m)1.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.15 | ||
| Fwd PE | 16.6 | ||
| P/S | 2.35 | ||
| P/FCF | 34.21 | ||
| P/OCF | 25.69 | ||
| P/B | 3.57 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.46 |
EPS(TTM)6.64
EY5.51%
EPS(NY)7.26
Fwd EY6.02%
FCF(TTM)3.52
FCFY2.92%
OCF(TTM)4.69
OCFY3.89%
SpS51.29
BVpS33.79
TBVpS-0.64
PEG (NY)0.63
PEG (5Y)N/A
Graham Number71.05
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.84% | ||
| ROE | 15.24% | ||
| ROCE | 11.08% | ||
| ROIC | 9.32% | ||
| ROICexc | 10.02% | ||
| ROICexgc | 23.16% | ||
| OM | 14.09% | ||
| PM (TTM) | 10.04% | ||
| GM | 38.69% | ||
| FCFM | 6.87% |
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-Score3
Asset Turnover0.68
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 5.07 | ||
| Debt/EBITDA | 1.93 | ||
| Cap/Depr | 57.66% | ||
| Cap/Sales | 2.28% | ||
| Interest Coverage | 6.26 | ||
| Cash Conversion | 50.69% | ||
| Profit Quality | 68.43% | ||
| Current Ratio | 3.06 | ||
| Quick Ratio | 1.75 | ||
| Altman-Z | 3.67 |
F-Score3
WACC8.86%
ROIC/WACC1.05
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)28.68%
EPS 3Y48.64%
EPS 5YN/A
EPS Q2Q%111.11%
EPS Next Y28.92%
EPS Next 2Y16.83%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)23.7%
Revenue growth 3Y-0.54%
Revenue growth 5Y1.67%
Sales Q2Q%44.76%
Revenue Next Year30.5%
Revenue Next 2Y17.72%
Revenue Next 3Y14.69%
Revenue Next 5YN/A
EBIT growth 1Y23.7%
EBIT growth 3Y44.14%
EBIT growth 5Y68.62%
EBIT Next Year108.9%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-47.36%
FCF growth 3YN/A
FCF growth 5Y32.72%
OCF growth 1Y-39.16%
OCF growth 3Y151.97%
OCF growth 5Y24.81%
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 of BEL FUSE INC-CL A (BELFA) stock?
ChartMill assigns a valuation rating of 7 / 10 to BEL FUSE INC-CL A (BELFA). This can be considered as Undervalued.
What is the profitability of BELFA stock?
BEL FUSE INC-CL A (BELFA) has a profitability rating of 9 / 10.
What is the valuation of BEL FUSE INC-CL A based on its PE and PB ratios?
The Price/Earnings (PE) ratio for BEL FUSE INC-CL A (BELFA) is 18.15 and the Price/Book (PB) ratio is 3.57.
What is the expected EPS growth for BEL FUSE INC-CL A (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.