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

USA - Nasdaq - NASDAQ:BELFB - US0773473006 - Common Stock

176.17 USD
-1.06 (-0.6%)
Last: 12/24/2025, 8:14:58 PM
Fundamental Rating

6

Taking everything into account, BELFB scores 6 out of 10 in our fundamental rating. 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 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

8

1. Profitability

1.1 Basic Checks

In the past year BELFB was profitable.
BELFB had a positive operating cash flow in the past year.
In the past 5 years BELFB has always 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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M 100M

1.2 Ratios

The Return On Assets of BELFB (6.84%) is better than 80.65% 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 79.84% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BELFB is above the industry average of 9.32%.
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 -40

1.3 Margins

BELFB has a better Profit Margin (10.04%) than 82.26% of its industry peers.
BELFB's Profit Margin has improved in the last couple of years.
BELFB's Operating Margin of 14.09% is amongst the best of the industry. BELFB outperforms 85.48% of its industry peers.
BELFB's Operating Margin has improved in the last couple of years.
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 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 2015 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 just above the Cost of Capital (WACC), so BELFB is still creating some value.
BELFB has less shares outstanding than it did 1 year ago.
BELFB has more shares outstanding than it did 5 years ago.
BELFB has a worse debt/assets ratio than last year.
BELFB Yearly Shares OutstandingBELFB Yearly Shares OutstandingYearly Shares Outstanding 2015 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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

2.2 Solvency

An Altman-Z score of 4.49 indicates that BELFB is not in any danger for bankruptcy at the moment.
BELFB has a Altman-Z score of 4.49. This is in the better half of the industry: BELFB outperforms 69.35% 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'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 RankSector Rank
Debt/Equity 0.53
Debt/FCF 5.07
Altman-Z 4.49
ROIC/WACC1.06
WACC8.77%
BELFB Yearly LT Debt VS Equity VS FCFBELFB Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 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.
With a decent Current ratio value of 3.06, BELFB is doing good in the industry, outperforming 62.90% 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's Quick ratio of 1.75 is in line compared to the rest of the industry. BELFB outperforms 52.42% of 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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

7

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

BELFB is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.83% yearly.
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.
BELFB Yearly Revenue VS EstimatesBELFB Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 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 2 4 6

4

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 26.53, which means the current valuation is very expensive for BELFB.
Based on the Price/Earnings ratio, BELFB is valued a bit cheaper than 65.32% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.59, BELFB is valued at the same level.
BELFB is valuated rather expensively with a Price/Forward Earnings ratio of 24.26.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BELFB indicates a somewhat cheap valuation: BELFB is cheaper than 62.10% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of BELFB to the average of the S&P500 Index (24.03), we can say BELFB is valued inline with the index average.
Industry RankSector Rank
PE 26.53
Fwd PE 24.26
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

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BELFB is on the same level as its industry peers.
BELFB's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 50
EV/EBITDA 20.59
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 low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap 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)0.92
PEG (5Y)N/A
EPS Next 2Y16.83%
EPS Next 3YN/A

6

5. Dividend

5.1 Amount

With a yearly dividend of 0.16%, BELFB is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 0.47, BELFB pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 1.87, BELFB's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.16%

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 2015 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.
The dividend of BELFB is growing, but earnings are growing more, so the dividend growth is sustainable.
DP5.31%
EPS Next 2Y16.83%
EPS Next 3YN/A
BELFB Yearly Income VS Free CF VS DividendBELFB Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 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 (12/24/2025, 8:14:58 PM)

176.17

-1.06 (-0.6%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)10-29 2025-10-29/amc
Earnings (Next)02-16 2026-02-16/amc
Inst Owners43.88%
Inst Owner Change-17.58%
Ins Owners22.16%
Ins Owner Change-3.56%
Market Cap2.23B
Revenue(TTM)649.38M
Net Income(TTM)65.19M
Analysts84.44
Price TargetN/A
Short Float %31.53%
Short Ratio3.08
Dividend
Industry RankSector Rank
Dividend Yield 0.16%
Yearly Dividend0.27
Dividend Growth(5Y)0.04%
DP5.31%
Div Incr Years0
Div Non Decr Years25
Ex-Date01-15 2026-01-15 (0.07)
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)1.37%
Revenue NY rev (3m)2.42%
Valuation
Industry RankSector Rank
PE 26.53
Fwd PE 24.26
P/S 3.43
P/FCF 50
P/OCF 37.55
P/B 5.21
P/tB N/A
EV/EBITDA 20.59
EPS(TTM)6.64
EY3.77%
EPS(NY)7.26
Fwd EY4.12%
FCF(TTM)3.52
FCFY2%
OCF(TTM)4.69
OCFY2.66%
SpS51.29
BVpS33.79
TBVpS-0.64
PEG (NY)0.92
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 4.49
F-Score3
WACC8.77%
ROIC/WACC1.06
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 3YN/A
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 3Y14.69%
Revenue Next 5YN/A
EBIT growth 1Y23.7%
EBIT growth 3Y44.14%
EBIT growth 5Y68.62%
EBIT Next Year137.58%
EBIT Next 3YN/A
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 6 / 10 to BELFB.


What is the valuation status for BELFB stock?

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


How profitable is BEL FUSE INC-CL B (BELFB) stock?

BEL FUSE INC-CL B (BELFB) has a profitability rating of 8 / 10.


Can you provide the financial health for BELFB stock?

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


Is the dividend of BEL FUSE INC-CL B sustainable?

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