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

USA • Nasdaq • NASDAQ:BELFB • US0773473006

201.19 USD
-9.25 (-4.4%)
At close: Jan 30, 2026
201.19 USD
0 (0%)
After Hours: 1/30/2026, 8:00:02 PM
Fundamental Rating

7

BELFB gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 123 industry peers in the Electronic Equipment, Instruments & Components industry. While BELFB has a great profitability rating, 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! These ratings could make BELFB a good candidate for growth investing.


Dividend Valuation Growth Profitability Health

9

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.
  • 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 better Return On Assets (6.84%) than 82.11% of its industry peers.
  • The Return On Equity of BELFB (15.24%) is better than 82.93% of its industry peers.
  • 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.
  • Measured over the past 3 years, the Average Return On Invested Capital for BELFB is above the industry average of 8.85%.
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.
  • In the last couple of years the Profit Margin of BELFB has grown nicely.
  • The Operating Margin of BELFB (14.09%) is better than 85.37% of its industry peers.
  • BELFB's Operating Margin has improved in the last couple of years.
  • BELFB's Gross Margin of 38.69% is fine compared to the rest of the industry. BELFB outperforms 66.67% of its industry peers.
  • 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 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.
  • Compared to 1 year ago, BELFB has a worse debt to assets ratio.
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 4.84. This indicates that BELFB is financially healthy and has little risk of bankruptcy at the moment.
  • The Altman-Z score of BELFB (4.84) is better than 70.73% 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.
  • With a decent Debt to FCF ratio value of 5.07, BELFB is doing good in the industry, outperforming 61.79% of the companies in the same industry.
  • BELFB has a Debt/Equity ratio of 0.53. This is a neutral value indicating 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 4.84
ROIC/WACC0.62
WACC15%
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

  • 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.
  • The Current ratio of BELFB (3.06) is better than 63.41% 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.
  • Looking at the Quick ratio, with a value of 1.75, BELFB is in line with its industry, outperforming 52.85% 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.
  • The Earnings Per Share has been growing by 48.64% on average over the past years. This is a very strong growth
  • Looking at the last year, BELFB shows a very strong growth in Revenue. The Revenue has grown by 23.70%.
  • 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 16.28% 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

  • With a Price/Earnings ratio of 30.30, 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 62.60% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 28.32, BELFB is valued at the same level.
  • BELFB is valuated quite expensively with a Price/Forward Earnings ratio of 27.71.
  • Based on the Price/Forward Earnings ratio, BELFB is valued a bit cheaper than 60.98% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of BELFB to the average of the S&P500 Index (25.57), we can say BELFB is valued inline with the index average.
Industry RankSector Rank
PE 30.3
Fwd PE 27.71
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 57.1
EV/EBITDA 23.18
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

  • BELFB's 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.
  • A more expensive valuation may be justified as BELFB's earnings are expected to grow with 16.28% in the coming years.
PEG (NY)1.05
PEG (5Y)N/A
EPS Next 2Y16.83%
EPS Next 3Y16.28%

6

5. Dividend

5.1 Amount

  • BELFB has a yearly dividend return of 0.12%, 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 1.83, BELFB's dividend is way lower than the S&P500 average.
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 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
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

  • BELFB pays out 5.31% of its income as dividend. This is a 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 / 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%.