197.8 USD
-2.49 (-1.24%)
Taking everything into account, BELFB scores 7 out of 10 in our fundamental rating. BELFB was compared to 124 industry peers in the Electronic Equipment, Instruments & Components industry. BELFB has an excellent profitability rating, but there are some minor concerns on its financial health. BELFB is growing strongly while it is still valued neutral. This is a good combination! With these ratings, BELFB could be worth investigating further for growth investing!.
1. Profitability
1.1 Basic Checks
- BELFB had positive earnings in the past year.
- BELFB had a positive operating cash flow in the past year.
- Each year in the past 5 years BELFB has been profitable.
- In the past 5 years BELFB always reported a positive cash flow from operatings.
1.2 Ratios
- With an excellent Return On Assets value of 6.84%, BELFB belongs to the best of the industry, outperforming 82.26% of the companies in the same industry.
- BELFB's Return On Equity of 15.24% is amongst the best of the industry. BELFB outperforms 83.06% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 9.32%, BELFB belongs to the top of the industry, outperforming 80.65% of the companies in the same industry.
- BELFB had an Average Return On Invested Capital over the past 3 years of 13.11%. This 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
- Looking at the Profit Margin, with a value of 10.04%, BELFB belongs to the top of the industry, outperforming 83.87% 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 86.29% of the companies in the same industry.
- In the last couple of years the Operating Margin of BELFB has grown nicely.
- With a decent Gross Margin value of 38.69%, BELFB is doing good in the industry, outperforming 66.13% of the companies in the same industry.
- In the last couple of years the Gross Margin of BELFB 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 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.
- The number of shares outstanding for BELFB has been increased compared to 5 years ago.
- The debt/assets ratio for BELFB is higher compared to a year ago.
2.2 Solvency
- BELFB has an Altman-Z score of 4.83. This indicates that BELFB is financially healthy and has little risk of bankruptcy at the moment.
- BELFB's Altman-Z score of 4.83 is fine compared to the rest of the industry. BELFB outperforms 68.55% of its industry peers.
- 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.
- The Debt to FCF ratio of BELFB (5.07) is better than 61.29% of its industry peers.
- A Debt/Equity ratio of 0.53 indicates that BELFB is somewhat dependend on debt financing.
- BELFB has a worse Debt to Equity ratio (0.53) than 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
WACC15%
2.3 Liquidity
- BELFB has a Current Ratio of 3.06. This indicates that BELFB is financially healthy and has no problem in meeting its short term obligations.
- BELFB has a Current ratio of 3.06. This is in the better half of the industry: BELFB outperforms 62.90% of its industry peers.
- A Quick Ratio of 1.75 indicates that BELFB should not have too much problems paying its short term obligations.
- BELFB has a Quick ratio of 1.75. This is comparable to the rest of the industry: BELFB outperforms 54.03% of 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.
- BELFB is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.69% yearly.
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
- 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
- With a Price/Earnings ratio of 29.79, BELFB can be considered very expensive at the moment.
- BELFB's Price/Earnings ratio is a bit cheaper when compared to the industry. BELFB is cheaper than 65.32% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.30. BELFB is around the same levels.
- The Price/Forward Earnings ratio is 27.24, which means the current valuation is very expensive for BELFB.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of BELFB indicates a somewhat cheap valuation: BELFB is cheaper than 61.29% of the companies listed in the same industry.
- BELFB's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.79 | ||
| Fwd PE | 27.24 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, BELFB is valued a bit cheaper than 60.48% of the companies in the same industry.
- 60.48% of the companies in the same industry are more expensive than BELFB, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 56.14 | ||
| 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)1.03
PEG (5Y)N/A
EPS Next 2Y16.83%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- BELFB has a yearly dividend return of 0.13%, which is pretty low.
- Compared to an average industry Dividend Yield of 0.46, BELFB pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, 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 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
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 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%.