BEL FUSE INC-CL B (BELFB) Stock Fundamental Analysis

USA • Nasdaq • NASDAQ:BELFB • US0773473006

211.58 USD
-5.67 (-2.61%)
At close: Feb 4, 2026
211.58 USD
0 (0%)
After Hours: 2/4/2026, 6:06:33 PM
Fundamental Rating

7

Overall BELFB gets a fundamental rating of 7 out of 10. We evaluated BELFB against 123 industry peers in the Electronic Equipment, Instruments & Components industry. While BELFB belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. BELFB is growing strongly while it is still valued neutral. This is a good combination! These ratings could make BELFB a good candidate for growth investing.


Dividend Valuation Growth Profitability Health

9

1. Profitability

1.1 Basic Checks

  • In the past year BELFB was profitable.
  • BELFB had a positive operating cash flow in the past year.
  • Each year in the past 5 years BELFB has been profitable.
  • BELFB had a positive operating cash flow in each of the past 5 years.
BELFB Yearly Net Income VS EBIT VS OCF VS FCFBELFB Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M 100M

1.2 Ratios

  • BELFB has a Return On Assets of 6.84%. This is amongst the best in the industry. BELFB outperforms 82.11% of its industry peers.
  • Looking at the Return On Equity, with a value of 15.24%, BELFB belongs to the top of the industry, outperforming 82.93% of the companies in the same industry.
  • BELFB has a Return On Invested Capital of 9.32%. This is amongst the best in the industry. BELFB outperforms 81.30% 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 8.89%.
Industry RankSector 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%
BELFB Yearly ROA, ROE, ROICBELFB Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 -40

1.3 Margins

  • Looking at the Profit Margin, with a value of 10.04%, BELFB belongs to the top of the industry, outperforming 82.93% of the companies in the same industry.
  • BELFB's Profit Margin has improved in the last couple of years.
  • Looking at the Operating Margin, with a value of 14.09%, BELFB belongs to the top of the industry, outperforming 85.37% of the companies in the same industry.
  • In the last couple of years the Operating Margin of BELFB has grown nicely.
  • Looking at the Gross Margin, with a value of 38.69%, BELFB is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
  • BELFB's Gross Margin has improved in the last couple of years.
Industry RankSector 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%
BELFB Yearly Profit, Operating, Gross MarginsBELFB Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 30

5

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BELFB is destroying value.
  • BELFB has less shares outstanding than it did 1 year ago.
  • BELFB has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for BELFB is higher compared to a year ago.
BELFB Yearly Shares OutstandingBELFB Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M 8M 10M
BELFB Yearly Total Debt VS Total AssetsBELFB Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

2.2 Solvency

  • An Altman-Z score of 5.07 indicates that BELFB is not in any danger for bankruptcy at the moment.
  • BELFB has a better Altman-Z score (5.07) than 72.36% of its industry peers.
  • The Debt to FCF ratio of BELFB is 5.07, which is a neutral value as it means it would take BELFB, 5.07 years of fcf income to pay off all of its debts.
  • BELFB has a Debt to FCF ratio of 5.07. This is in the better half of the industry: BELFB outperforms 61.79% of its industry peers.
  • A Debt/Equity ratio of 0.53 indicates that BELFB is somewhat dependend on debt financing.
  • BELFB's Debt to Equity ratio of 0.53 is on the low side compared to the rest of the industry. BELFB is outperformed by 71.54% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.53
Debt/FCF 5.07
Altman-Z 5.07
ROIC/WACC0.62
WACC15.06%
BELFB Yearly LT Debt VS Equity VS FCFBELFB Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M 200M 300M

2.3 Liquidity

  • A Current Ratio of 3.06 indicates that BELFB has no problem at all paying its short term obligations.
  • Looking at the Current ratio, with a value of 3.06, BELFB is in the better half of the industry, outperforming 63.41% of the companies in the same industry.
  • BELFB has a Quick Ratio of 1.75. This is a normal value and indicates that BELFB is financially healthy and should not expect problems in meeting its short term obligations.
  • BELFB has a Quick ratio (1.75) which is in line with its industry peers.
Industry RankSector Rank
Current Ratio 3.06
Quick Ratio 1.75
BELFB Yearly Current Assets VS Current LiabilitesBELFB Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

7

3. Growth

3.1 Past

  • BELFB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 28.68%, which is quite impressive.
  • Measured over the past years, BELFB shows a very strong growth in Earnings Per Share. The EPS has been growing by 48.64% on average per year.
  • Looking at the last year, BELFB shows a very strong growth in Revenue. The Revenue has grown by 23.70%.
  • BELFB shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.67% yearly.
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

  • Based on estimates for the next years, BELFB will show a quite strong growth in Earnings Per Share. The EPS will grow by 16.28% on average per year.
  • The Revenue is expected to grow by 14.41% on average over the next years. This is quite good.
EPS Next Y28.92%
EPS Next 2Y16.83%
EPS Next 3Y16.28%
EPS Next 5YN/A
Revenue Next Year32.28%
Revenue Next 2Y18.68%
Revenue Next 3Y14.41%
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.
BELFB Yearly Revenue VS EstimatesBELFB Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M
BELFB Yearly EPS VS EstimatesBELFB Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2023 2024 2025 2026 2027 2 4 6 8

4

4. Valuation

4.1 Price/Earnings Ratio

  • BELFB is valuated quite expensively with a Price/Earnings ratio of 31.86.
  • BELFB's Price/Earnings ratio is a bit cheaper when compared to the industry. BELFB is cheaper than 61.79% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of BELFB to the average of the S&P500 Index (28.25), we can say BELFB is valued inline with the index average.
  • A Price/Forward Earnings ratio of 29.14 indicates a quite expensive valuation of BELFB.
  • BELFB's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. BELFB is cheaper than 60.16% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.50, BELFB is valued at the same level.
Industry RankSector Rank
PE 31.86
Fwd PE 29.14
BELFB Price Earnings VS Forward Price EarningsBELFB Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, BELFB is valued a bit cheaper than the industry average as 60.16% of the companies are valued more expensively.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as BELFB.
Industry RankSector Rank
P/FCF 60.05
EV/EBITDA 24.91
BELFB Per share dataBELFB EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30 40 50

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • BELFB has an outstanding profitability rating, which may justify a higher PE ratio.
  • BELFB's earnings are expected to grow with 16.28% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.1
PEG (5Y)N/A
EPS Next 2Y16.83%
EPS Next 3Y16.28%

6

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.12%, BELFB is not a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 0.46, BELFB pays a bit more dividend than its industry peers.
  • With a Dividend Yield of 0.12, BELFB pays less dividend than the S&P500 average, which is at 1.82.
Industry RankSector Rank
Dividend Yield 0.12%

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 their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)0.04%
Div Incr Years0
Div Non Decr Years25
BELFB Yearly Dividends per shareBELFB Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.05 0.1 0.15 0.2 0.25

5.3 Sustainability

  • 5.31% of the earnings are spent on dividend by BELFB. This is a low number and sustainable payout ratio.
  • BELFB's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP5.31%
EPS Next 2Y16.83%
EPS Next 3Y16.28%
BELFB Yearly Income VS Free CF VS DividendBELFB Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M
BELFB Dividend Payout.BELFB Dividend Payout, showing the Payout Ratio.BELFB Dividend Payout.PayoutRetained Earnings

BEL FUSE INC-CL B

NASDAQ:BELFB (2/4/2026, 6:06:33 PM)

After market: 211.58 0 (0%)

211.58

-5.67 (-2.61%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)10-29
Earnings (Next)02-19
Inst Owners45.02%
Inst Owner Change0.88%
Ins Owners22.16%
Ins Owner Change-2.79%
Market Cap2.68B
Revenue(TTM)649.38M
Net Income(TTM)65.19M
Analysts84.44
Price TargetN/A
Short Float %35.99%
Short Ratio3.93
Dividend
Industry RankSector Rank
Dividend Yield 0.12%
Yearly Dividend0.27
Dividend Growth(5Y)0.04%
DP5.31%
Div Incr Years0
Div Non Decr Years25
Ex-Date01-15
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)0%
EPS NQ rev (3m)9.43%
EPS NY rev (1m)0%
EPS NY rev (3m)8.4%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.71%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.42%
Valuation
Industry RankSector Rank
PE 31.86
Fwd PE 29.14
P/S 4.12
P/FCF 60.05
P/OCF 45.1
P/B 6.26
P/tB N/A
EV/EBITDA 24.91
EPS(TTM)6.64
EY3.14%
EPS(NY)7.26
Fwd EY3.43%
FCF(TTM)3.52
FCFY1.67%
OCF(TTM)4.69
OCFY2.22%
SpS51.29
BVpS33.79
TBVpS-0.64
PEG (NY)1.1
PEG (5Y)N/A
Graham Number71.05
Profitability
Industry RankSector 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 RankSector 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 5.07
F-Score3
WACC15.06%
ROIC/WACC0.62
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 3Y16.28%
EPS Next 5YN/A
Revenue 1Y (TTM)23.7%
Revenue growth 3Y-0.54%
Revenue growth 5Y1.67%
Sales Q2Q%44.76%
Revenue Next Year32.28%
Revenue Next 2Y18.68%
Revenue Next 3Y14.41%
Revenue Next 5YN/A
EBIT growth 1Y23.7%
EBIT growth 3Y44.14%
EBIT growth 5Y68.62%
EBIT Next Year137.58%
EBIT Next 3Y35.36%
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 B / BELFB FAQ

What is the fundamental rating for BELFB stock?

ChartMill assigns a fundamental rating of 7 / 10 to BELFB.


Can you provide the valuation status for BEL FUSE INC-CL B?

ChartMill assigns a valuation rating of 4 / 10 to BEL FUSE INC-CL B (BELFB). This can be considered as Fairly Valued.


What is the profitability of BELFB stock?

BEL FUSE INC-CL B (BELFB) has a profitability rating of 9 / 10.


How financially healthy is BEL FUSE INC-CL B?

The financial health rating of BEL FUSE INC-CL B (BELFB) is 5 / 10.


Can you provide the dividend sustainability for BELFB stock?

The dividend rating of BEL FUSE INC-CL B (BELFB) is 6 / 10 and the dividend payout ratio is 5.31%.