Logo image of BELFB

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

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

197.965 USD
+5 (+2.59%)
Last: 1/15/2026, 11:42:04 AM
Fundamental Rating

7

Overall BELFB gets a fundamental rating of 7 out of 10. We evaluated BELFB against 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 not priced too expensively while it is growing strongly. Keep and eye on this one! These ratings would make BELFB suitable 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

  • The Return On Assets of BELFB (6.84%) is better than 82.40% of its industry peers.
  • BELFB has a better Return On Equity (15.24%) than 84.00% of its industry peers.
  • BELFB's Return On Invested Capital of 9.32% is amongst the best of 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

  • Looking at the Profit Margin, with a value of 10.04%, BELFB belongs to the top of the industry, outperforming 84.00% of the companies in the same industry.
  • In the last couple of years the Profit Margin of BELFB has grown nicely.
  • BELFB has a Operating Margin of 14.09%. This is amongst the best in the industry. BELFB outperforms 86.40% of its industry peers.
  • BELFB's Operating Margin has improved in the last couple of years.
  • BELFB has a better Gross Margin (38.69%) than 66.40% of its industry peers.
  • 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

  • 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 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

  • An Altman-Z score of 4.72 indicates that BELFB is not in any danger for bankruptcy at the moment.
  • BELFB's Altman-Z score of 4.72 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.
  • A Debt/Equity ratio of 0.53 indicates that BELFB is somewhat dependend on debt financing.
  • The Debt to Equity ratio of BELFB (0.53) is worse than 72.80% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.53
Debt/FCF 5.07
Altman-Z 4.72
ROIC/WACC1.01
WACC9.26%
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.
  • BELFB has a better Current ratio (3.06) than 62.40% 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 comparable to the rest of the 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.
  • BELFB shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 48.64% yearly.
  • The Revenue has grown by 23.70% in the past year. This is a very strong growth!
  • BELFB shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.67% yearly.
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.
  • Based on estimates for the next years, BELFB will show a quite strong growth in Revenue. The Revenue will grow by 14.69% on average per year.
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.
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 29.81, 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 65.60% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 27.33. BELFB is around the same levels.
  • The Price/Forward Earnings ratio is 27.26, which means the current valuation is very expensive for BELFB.
  • 61.60% of the companies in the same industry are more expensive than BELFB, based on the Price/Forward Earnings ratio.
  • BELFB is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 24.12, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 29.81
Fwd PE 27.26
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

  • Based on the Enterprise Value to EBITDA ratio, BELFB is valued a bit cheaper than the industry average as 60.80% of the companies are valued more expensively.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of BELFB is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 56.18
EV/EBITDA 22.29
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.
  • 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

6

5. Dividend

5.1 Amount

  • BELFB has a yearly dividend return of 0.15%, which is pretty low.
  • Compared to an average industry Dividend Yield of 0.47, BELFB pays a bit more dividend than its industry peers.
  • With a Dividend Yield of 0.15, BELFB pays less dividend than the S&P500 average, which is at 1.91.
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 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.
  • 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 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 (1/15/2026, 11:42:04 AM)

197.965

+5 (+2.59%)

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 Cap2.51B
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 29.81
Fwd PE 27.26
P/S 3.86
P/FCF 56.18
P/OCF 42.2
P/B 5.86
P/tB N/A
EV/EBITDA 22.29
EPS(TTM)6.64
EY3.35%
EPS(NY)7.26
Fwd EY3.67%
FCF(TTM)3.52
FCFY1.78%
OCF(TTM)4.69
OCFY2.37%
SpS51.29
BVpS33.79
TBVpS-0.64
PEG (NY)1.03
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 4.72
F-Score3
WACC9.26%
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%.