BEL FUSE INC-CL A (BELFA) Stock Fundamental Analysis
NASDAQ:BELFA - Nasdaq - US0773472016 - Common Stock
Taking everything into account, BELFA scores 7 out of 10 in our fundamental rating. BELFA was compared to 126 industry peers in the Electronic Equipment, Instruments & Components industry. BELFA has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. BELFA has a valuation in line with the averages, but it does not seem to be growing.
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 4 of the past 5 years.
In the past 5 years BELFA always reported a positive cash flow from operatings.
1.2 Ratios
BELFA has a better Return On Assets (9.38%) than 88.43% of its industry peers.
BELFA's Return On Equity of 14.92% is amongst the best of the industry. BELFA outperforms 82.64% of its industry peers.
BELFA has a Return On Invested Capital of 13.49%. This is amongst the best in the industry. BELFA outperforms 88.43% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BELFA is above the industry average of 9.03%.
The 3 year average ROIC (12.96%) for BELFA is below the current ROIC(13.49%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.38% | ||
| ROE | 14.92% | ||
| ROIC | 13.49% |
ROA(3y)9.05%
ROA(5y)5.63%
ROE(3y)17.88%
ROE(5y)11.07%
ROIC(3y)12.96%
ROIC(5y)8.9%
1.3 Margins
BELFA has a Profit Margin of 10.44%. This is amongst the best in the industry. BELFA outperforms 83.47% of its industry peers.
In the last couple of years the Profit Margin of BELFA has grown nicely.
The Operating Margin of BELFA (14.09%) is better than 89.26% of its industry peers.
BELFA's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 37.59%, BELFA is doing good in the industry, outperforming 65.29% 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 | 14.09% | ||
| PM (TTM) | 10.44% | ||
| GM | 37.59% |
OM growth 3Y57.4%
OM growth 5Y24.41%
PM growth 3Y61.33%
PM growth 5Y25.03%
GM growth 3Y9.5%
GM growth 5Y5.83%
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.
Compared to 5 years ago, BELFA has more shares outstanding
BELFA has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 5.85 indicates that BELFA is not in any danger for bankruptcy at the moment.
The Altman-Z score of BELFA (5.85) is better than 78.51% of its industry peers.
BELFA has a debt to FCF ratio of 0.73. This is a very positive value and a sign of high solvency as it would only need 0.73 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 0.73, BELFA belongs to the best of the industry, outperforming 81.82% of the companies in the same industry.
BELFA has a Debt/Equity ratio of 0.16. This is a healthy value indicating a solid balance between debt and equity.
BELFA has a Debt to Equity ratio (0.16) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 0.73 | ||
| Altman-Z | 5.85 |
ROIC/WACC1.31
WACC10.32%
2.3 Liquidity
BELFA has a Current Ratio of 4.00. This indicates that BELFA is financially healthy and has no problem in meeting its short term obligations.
BELFA has a Current ratio of 4.00. This is in the better half of the industry: BELFA outperforms 70.25% of its industry peers.
A Quick Ratio of 2.71 indicates that BELFA has no problem at all paying its short term obligations.
With a decent Quick ratio value of 2.71, BELFA is doing good in the industry, outperforming 65.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4 | ||
| Quick Ratio | 2.71 |
3. Growth
3.1 Past
The earnings per share for BELFA have decreased strongly by -17.44% in the last year.
Measured over the past years, BELFA shows a very strong growth in Earnings Per Share. The EPS has been growing by 27.58% on average per year.
Looking at the last year, BELFA shows a very negative growth in Revenue. The Revenue has decreased by -21.53% in the last year.
The Revenue has been growing slightly by 3.14% on average over the past years.
EPS 1Y (TTM)-17.44%
EPS 3Y87.72%
EPS 5Y27.58%
EPS Q2Q%-41.07%
Revenue 1Y (TTM)-21.53%
Revenue growth 3Y11.16%
Revenue growth 5Y3.14%
Sales Q2Q%-22.08%
3.2 Future
The Earnings Per Share is expected to grow by 0.51% on average over the next years.
Based on estimates for the next years, BELFA will show a small growth in Revenue. The Revenue will grow by 2.24% on average per year.
EPS Next Y-25.87%
EPS Next 2Y-16%
EPS Next 3Y0.51%
EPS Next 5YN/A
Revenue Next Year-22.43%
Revenue Next 2Y-11.59%
Revenue Next 3Y2.24%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
BELFA is valuated rather expensively with a Price/Earnings ratio of 17.32.
Compared to the rest of the industry, the Price/Earnings ratio of BELFA indicates a rather cheap valuation: BELFA is cheaper than 84.30% of the companies listed in the same industry.
BELFA's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.96.
A Price/Forward Earnings ratio of 19.95 indicates a rather expensive valuation of BELFA.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BELFA indicates a somewhat cheap valuation: BELFA is cheaper than 72.73% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 24.11. BELFA is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.32 | ||
| Fwd PE | 19.95 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BELFA indicates a somewhat cheap valuation: BELFA is cheaper than 78.51% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BELFA indicates a rather cheap valuation: BELFA is cheaper than 85.95% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.64 | ||
| EV/EBITDA | 11.22 |
4.3 Compensation for Growth
BELFA has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.63
EPS Next 2Y-16%
EPS Next 3Y0.51%
5. Dividend
5.1 Amount
With a yearly dividend of 0.28%, BELFA is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.88, BELFA pays a better dividend. On top of this BELFA pays more dividend than 81.82% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.29, BELFA's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.28% |
5.2 History
The dividend of BELFA has a limited annual growth rate of 0.12%.
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)0.12%
Div Incr Years0
Div Non Decr Years21
5.3 Sustainability
6.37% 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.
DP6.37%
EPS Next 2Y-16%
EPS Next 3Y0.51%
BEL FUSE INC-CL A
NASDAQ:BELFA (1/17/2025, 8:00:00 PM)
After market: 83.66 -5.73 (-6.41%)89.39
+4.36 (+5.13%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners47.77%
Inst Owner Change-0.2%
Ins Owners24.51%
Ins Owner ChangeN/A
Market Cap1.12B
Analysts84.44
Price TargetN/A
Short Float %5.54%
Short Ratio8.17
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.28% |
Yearly Dividend0.27
Dividend Growth(5Y)0.12%
DP6.37%
Div Incr Years0
Div Non Decr Years21
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)44.16%
Min EPS beat(2)16.36%
Max EPS beat(2)71.95%
EPS beat(4)3
Avg EPS beat(4)27.17%
Min EPS beat(4)-3.83%
Max EPS beat(4)71.95%
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)1
Avg Revenue beat(2)0.12%
Min Revenue beat(2)-0.8%
Max Revenue beat(2)1.04%
Revenue beat(4)1
Avg Revenue beat(4)-3.12%
Min Revenue beat(4)-9.68%
Max Revenue beat(4)1.04%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
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)-44.09%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.74%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-21.64%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.32 | ||
| Fwd PE | 19.95 | ||
| P/S | 2.14 | ||
| P/FCF | 13.64 | ||
| P/OCF | 12.11 | ||
| P/B | 3.05 | ||
| P/tB | 3.81 | ||
| EV/EBITDA | 11.22 |
EPS(TTM)5.16
EY5.77%
EPS(NY)4.48
Fwd EY5.01%
FCF(TTM)6.56
FCFY7.33%
OCF(TTM)7.38
OCFY8.26%
SpS41.83
BVpS29.27
TBVpS23.47
PEG (NY)N/A
PEG (5Y)0.63
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.38% | ||
| ROE | 14.92% | ||
| ROCE | 15.18% | ||
| ROIC | 13.49% | ||
| ROICexc | 20.32% | ||
| ROICexgc | 26.21% | ||
| OM | 14.09% | ||
| PM (TTM) | 10.44% | ||
| GM | 37.59% | ||
| FCFM | 15.67% |
ROA(3y)9.05%
ROA(5y)5.63%
ROE(3y)17.88%
ROE(5y)11.07%
ROIC(3y)12.96%
ROIC(5y)8.9%
ROICexc(3y)15.76%
ROICexc(5y)10.9%
ROICexgc(3y)20.21%
ROICexgc(5y)14.25%
ROCE(3y)14.58%
ROCE(5y)10.02%
ROICexcg growth 3Y51.44%
ROICexcg growth 5Y18.8%
ROICexc growth 3Y59.49%
ROICexc growth 5Y21.56%
OM growth 3Y57.4%
OM growth 5Y24.41%
PM growth 3Y61.33%
PM growth 5Y25.03%
GM growth 3Y9.5%
GM growth 5Y5.83%
F-Score7
Asset Turnover0.9
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 0.73 | ||
| Debt/EBITDA | 0.68 | ||
| Cap/Depr | 73.5% | ||
| Cap/Sales | 1.98% | ||
| Interest Coverage | 18.5 | ||
| Cash Conversion | 105.15% | ||
| Profit Quality | 150.13% | ||
| Current Ratio | 4 | ||
| Quick Ratio | 2.71 | ||
| Altman-Z | 5.85 |
F-Score7
WACC10.32%
ROIC/WACC1.31
Cap/Depr(3y)68.76%
Cap/Depr(5y)59.94%
Cap/Sales(3y)1.66%
Cap/Sales(5y)1.63%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-17.44%
EPS 3Y87.72%
EPS 5Y27.58%
EPS Q2Q%-41.07%
EPS Next Y-25.87%
EPS Next 2Y-16%
EPS Next 3Y0.51%
EPS Next 5YN/A
Revenue 1Y (TTM)-21.53%
Revenue growth 3Y11.16%
Revenue growth 5Y3.14%
Sales Q2Q%-22.08%
Revenue Next Year-22.43%
Revenue Next 2Y-11.59%
Revenue Next 3Y2.24%
Revenue Next 5YN/A
EBIT growth 1Y-17.97%
EBIT growth 3Y74.97%
EBIT growth 5Y28.32%
EBIT Next Year-1.19%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y320.8%
FCF growth 3Y33.29%
FCF growth 5YN/A
OCF growth 1Y204.63%
OCF growth 3Y32.95%
OCF growth 5Y60.73%