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

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

202.01 USD
+5.4 (+2.75%)
Last: 1/16/2026, 12:44:15 PM
Fundamental Rating

7

Taking everything into account, BELFB scores 7 out of 10 in our fundamental rating. BELFB was compared to 125 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 showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! With these ratings, BELFB could be worth investigating further for growth investing!.


Dividend Valuation Growth Profitability Health

9

1. Profitability

1.1 Basic Checks

  • BELFB had positive earnings in the past year.
  • In the past year BELFB had a positive cash flow from operations.
  • BELFB had positive earnings in each of the past 5 years.
  • In the past 5 years BELFB always reported a positive cash flow from operatings.
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 better Return On Assets (6.84%) than 82.40% of its industry peers.
  • BELFB has a Return On Equity of 15.24%. This is amongst the best in the industry. BELFB outperforms 84.00% of its industry peers.
  • BELFB has a Return On Invested Capital of 9.32%. This is amongst the best in the industry. BELFB outperforms 80.80% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for BELFB is above the industry average of 8.82%.
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

  • BELFB's Profit Margin of 10.04% is amongst the best of the industry. BELFB outperforms 84.00% of its industry peers.
  • 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 86.40% 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 66.40% 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

  • BELFB has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • Compared to 1 year ago, BELFB has less shares outstanding
  • 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.
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

  • BELFB has an Altman-Z score of 4.77. This indicates that BELFB is financially healthy and has little risk of bankruptcy at the moment.
  • BELFB's Altman-Z score of 4.77 is fine compared to the rest of the industry. BELFB outperforms 69.60% 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.
  • BELFB has a better Debt to FCF ratio (5.07) than 61.60% of its industry peers.
  • BELFB has a Debt/Equity ratio of 0.53. This is a neutral value indicating BELFB is somewhat dependend on debt financing.
  • BELFB has a Debt to Equity ratio of 0.53. This is in the lower half of the industry: BELFB underperforms 72.80% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.53
Debt/FCF 5.07
Altman-Z 4.77
ROIC/WACC1.01
WACC9.24%
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.
  • With a decent Current ratio value of 3.06, BELFB is doing good in the industry, outperforming 62.40% of the companies in the same industry.
  • A Quick Ratio of 1.75 indicates that BELFB should not have too much problems paying its short term obligations.
  • With a Quick ratio value of 1.75, BELFB perfoms like the industry average, outperforming 53.60% of the companies in the same industry.
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

  • 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!
  • The Revenue has been growing slightly by 1.67% on average over the past years.
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

  • 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 2 4 6

4

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 30.42, BELFB can be considered very expensive at the moment.
  • Based on the Price/Earnings ratio, BELFB is valued a bit cheaper than the industry average as 65.60% of the companies are valued more expensively.
  • When comparing the Price/Earnings ratio of BELFB to the average of the S&P500 Index (27.54), we can say BELFB is valued inline with the index average.
  • Based on the Price/Forward Earnings ratio of 27.82, the valuation of BELFB can be described as expensive.
  • Based on the Price/Forward Earnings ratio, BELFB is valued a bit cheaper than 61.60% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 24.31. BELFB is around the same levels.
Industry RankSector Rank
PE 30.42
Fwd PE 27.82
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

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as BELFB.
  • BELFB's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 57.33
EV/EBITDA 22.68
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.
  • The excellent profitability rating of BELFB 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)1.05
PEG (5Y)N/A
EPS Next 2Y16.83%
EPS Next 3YN/A

6

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.15%, BELFB is not a good candidate for dividend investing.
  • BELFB's Dividend Yield is a higher than the industry average which is at 0.47.
  • With a Dividend Yield of 0.15, BELFB pays less dividend than the S&P500 average, which is at 1.92.
Industry RankSector Rank
Dividend Yield 0.15%

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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
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 3YN/A
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 (1/16/2026, 12:44:15 PM)

202.01

+5.4 (+2.75%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)10-29
Earnings (Next)02-16
Inst Owners45.02%
Inst Owner Change0.09%
Ins Owners22.16%
Ins Owner Change-3.56%
Market Cap2.56B
Revenue(TTM)649.38M
Net Income(TTM)65.19M
Analysts84.44
Price TargetN/A
Short Float %32.67%
Short Ratio3.33
Dividend
Industry RankSector Rank
Dividend Yield 0.15%
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 30.42
Fwd PE 27.82
P/S 3.94
P/FCF 57.33
P/OCF 43.06
P/B 5.98
P/tB N/A
EV/EBITDA 22.68
EPS(TTM)6.64
EY3.29%
EPS(NY)7.26
Fwd EY3.59%
FCF(TTM)3.52
FCFY1.74%
OCF(TTM)4.69
OCFY2.32%
SpS51.29
BVpS33.79
TBVpS-0.64
PEG (NY)1.05
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 4.77
F-Score3
WACC9.24%
ROIC/WACC1.01
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 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%.