196.5 USD
-3.79 (-1.89%)
196.5 USD
0 (0%)
We assign a fundamental rating of 7 out of 10 to BELFB. BELFB was compared to 124 industry peers in the Electronic Equipment, Instruments & Components industry. BELFB scores excellent on profitability, but there are some minor concerns on its financial health. BELFB is not overvalued while it is showing excellent growth. This is an interesting combination. With these ratings, BELFB could be worth investigating further for growth investing!.
1. Profitability
1.1 Basic Checks
- In the past year BELFB was profitable.
- In the past year BELFB had a positive cash flow from operations.
- BELFB had positive earnings in each of the past 5 years.
- BELFB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- The Return On Assets of BELFB (6.84%) is better than 82.26% of its industry peers.
- BELFB's Return On Equity of 15.24% is amongst the best of the industry. BELFB outperforms 83.06% of its industry peers.
- BELFB has a better Return On Invested Capital (9.32%) than 80.65% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for BELFB is above the industry average of 8.83%.
| 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
- The Profit Margin of BELFB (10.04%) is better than 83.87% of its industry peers.
- BELFB's Profit Margin has improved in the last couple of years.
- BELFB has a Operating Margin of 14.09%. This is amongst the best in the industry. BELFB outperforms 86.29% of its industry peers.
- 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 66.13% of the companies in the same industry.
- BELFB's Gross Margin has improved in the last couple of years.
| 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 below the Cost of Capital (WACC), so BELFB is destroying value.
- The number of shares outstanding for BELFB has been reduced compared to 1 year ago.
- Compared to 5 years ago, BELFB has more shares outstanding
- The debt/assets ratio for BELFB is higher compared to a year ago.
2.2 Solvency
- An Altman-Z score of 4.83 indicates that BELFB is not in any danger for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 4.83, BELFB is in the better half of the industry, outperforming 68.55% of the companies in the same industry.
- BELFB has a debt to FCF ratio of 5.07. This is a neutral value as BELFB would need 5.07 years to pay back of 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 61.29% 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 72.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 5.07 | ||
| Altman-Z | 4.83 |
ROIC/WACC0.62
WACC14.97%
2.3 Liquidity
- A Current Ratio of 3.06 indicates that BELFB has no problem at all paying its short term obligations.
- The Current ratio of BELFB (3.06) is better than 62.90% of its industry peers.
- 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 Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.06 | ||
| Quick Ratio | 1.75 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 28.68% over the past year.
- 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.
- The Revenue has grown by 23.70% in the past year. This is a very strong growth!
- Measured over the past years, BELFB shows a small growth in Revenue. The Revenue has been growing by 1.67% on average per year.
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 16.83% on average per year.
- 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 Year32.28%
Revenue Next 2Y18.68%
Revenue Next 3Y14.69%
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.
- 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.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 29.59, the valuation of BELFB can be described as expensive.
- Compared to the rest of the industry, the Price/Earnings ratio of BELFB indicates a somewhat cheap valuation: BELFB is cheaper than 65.32% of the companies listed in the same industry.
- BELFB's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.21.
- BELFB is valuated quite expensively with a Price/Forward Earnings ratio of 27.06.
- BELFB's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. BELFB is cheaper than 61.29% of the companies in the same industry.
- BELFB's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.26.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.59 | ||
| Fwd PE | 27.06 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BELFB indicates a somewhat cheap valuation: BELFB is cheaper than 60.48% of the companies listed in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of BELFB indicates a somewhat cheap valuation: BELFB is cheaper than 60.48% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 55.77 | ||
| EV/EBITDA | 23.08 |
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 16.83% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.02
PEG (5Y)N/A
EPS Next 2Y16.83%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- With a yearly dividend of 0.13%, BELFB is not a good candidate for dividend investing.
- BELFB's Dividend Yield is a higher than the industry average which is at 0.45.
- Compared to an average S&P500 Dividend Yield of 1.81, BELFB's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.13% |
5.2 History
- The dividend of BELFB has a limited annual growth rate of 0.04%.
- BELFB has been paying a dividend for at least 10 years, so it has 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
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 3YN/A
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 5 / 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%.