BEL FUSE INC-CL A (BELFA) Stock Fundamental Analysis
NASDAQ:BELFA - Nasdaq - US0773472016 - Common Stock - Currency: USD
BELFA gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 124 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 decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
BELFA had positive earnings in the past year.
In the past year BELFA had a positive cash flow from operations.
Of the past 5 years BELFA 4 years were profitable.
Of the past 5 years BELFA 4 years had a positive operating cash flow.
1.2 Ratios
BELFA has a Return On Assets of 9.38%. This is amongst the best in the industry. BELFA outperforms 90.00% of its industry peers.
Looking at the Return On Equity, with a value of 14.92%, BELFA belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
BELFA has a better Return On Invested Capital (13.49%) than 89.17% of its industry peers.
BELFA had an Average Return On Invested Capital over the past 3 years of 12.96%. This is above the industry average of 8.95%.
The last Return On Invested Capital (13.49%) for BELFA is above the 3 year average (12.96%), which is a sign of increasing profitability.
| 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's Profit Margin of 10.44% is amongst the best of the industry. BELFA outperforms 81.67% 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 89.17% of its industry peers.
BELFA's Operating Margin has improved in the last couple of years.
BELFA's Gross Margin of 37.59% is fine compared to the rest of the industry. BELFA outperforms 66.67% of its industry peers.
BELFA's Gross Margin has improved in the last couple of years.
| 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
BELFA has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
There is no outstanding debt for BELFA. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
BELFA has an Altman-Z score of 5.64. This indicates that BELFA is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 5.64, BELFA is doing good in the industry, outperforming 79.17% of the companies in the same industry.
The Debt to FCF ratio of BELFA is 0.73, which is an excellent value as it means it would take BELFA, only 0.73 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of BELFA (0.73) is better than 80.83% of its industry peers.
BELFA has a Debt/Equity ratio of 0.16. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of BELFA (0.16) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 0.73 | ||
| Altman-Z | 5.64 |
ROIC/WACC1.53
WACC8.8%
2.3 Liquidity
A Current Ratio of 4.00 indicates that BELFA has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 4.00, BELFA is in the better half of the industry, outperforming 71.67% of the companies in the same industry.
A Quick Ratio of 2.71 indicates that BELFA has no problem at all paying its short term obligations.
BELFA has a Quick ratio of 2.71. This is in the better half of the industry: BELFA outperforms 68.33% of its industry peers.
| 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 -42.52% in the last year.
BELFA shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 31.10% yearly.
EPS 1Y (TTM)-42.52%
EPS 3Y31.1%
EPS 5YN/A
EPS Q2Q%-110.22%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%7.04%
3.2 Future
The Earnings Per Share is expected to grow by 32.91% on average over the next years. This is a very strong growth
BELFA is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 17.38% yearly.
EPS Next Y22.75%
EPS Next 2Y32.91%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year0.77%
Revenue Next 2Y17.38%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 23.19 indicates a rather expensive valuation of BELFA.
BELFA's Price/Earnings ratio is a bit cheaper when compared to the industry. BELFA is cheaper than 74.17% of the companies in the same industry.
BELFA is valuated rather cheaply when we compare the Price/Earnings ratio to 29.63, which is the current average of the S&P500 Index.
BELFA is valuated rather expensively with a Price/Forward Earnings ratio of 18.89.
Based on the Price/Forward Earnings ratio, BELFA is valued a bit cheaper than 75.83% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.68, BELFA is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.19 | ||
| Fwd PE | 18.89 |
4.2 Price Multiples
BELFA's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. BELFA is cheaper than 79.17% of the companies in the same industry.
BELFA's Price/Free Cash Flow ratio is rather cheap when compared to the industry. BELFA is cheaper than 86.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.91 | ||
| EV/EBITDA | 10.38 |
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 32.91% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.02
PEG (5Y)N/A
EPS Next 2Y32.91%
EPS Next 3YN/A
5. Dividend
5.1 Amount
BELFA has a yearly dividend return of 0.29%, which is pretty low.
Compared to an average industry Dividend Yield of 1.92, BELFA pays a better dividend. On top of this BELFA pays more dividend than 80.83% of the companies listed in the same industry.
With a Dividend Yield of 0.29, BELFA pays less dividend than the S&P500 average, which is at 2.29.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.29% |
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)0.12%
Div Incr Years0
Div Non Decr Years21
5.3 Sustainability
BELFA pays out 6.37% of its income as dividend. This is a sustainable payout ratio.
BELFA's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP6.37%
EPS Next 2Y32.91%
EPS Next 3YN/A
NASDAQ:BELFA (2/21/2025, 8:03:06 PM)
84.64
+1.13 (+1.35%)
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-4.53%
Ins Owners24.51%
Ins Owner ChangeN/A
Market Cap1.06B
Analysts84.44
Price TargetN/A
Short Float %3.89%
Short Ratio6.55
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.29% |
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)-23.15%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.74%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.24%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.19 | ||
| Fwd PE | 18.89 | ||
| P/S | 2.02 | ||
| P/FCF | 12.91 | ||
| P/OCF | 11.47 | ||
| P/B | 2.89 | ||
| P/tB | 3.61 | ||
| EV/EBITDA | 10.38 |
EPS(TTM)3.65
EY4.31%
EPS(NY)4.48
Fwd EY5.29%
FCF(TTM)6.56
FCFY7.74%
OCF(TTM)7.38
OCFY8.72%
SpS41.83
BVpS29.27
TBVpS23.47
PEG (NY)1.02
PEG (5Y)N/A
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 | 5.64 |
F-Score7
WACC8.8%
ROIC/WACC1.53
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)-42.52%
EPS 3Y31.1%
EPS 5YN/A
EPS Q2Q%-110.22%
EPS Next Y22.75%
EPS Next 2Y32.91%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%7.04%
Revenue Next Year0.77%
Revenue Next 2Y17.38%
Revenue Next 3YN/A
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%