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

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

173.49 USD
-0.85 (-0.49%)
Last: 12/30/2025, 1:59:10 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 not overvalued while it is showing excellent growth. This is an interesting combination. These ratings would make BELFB suitable for growth investing!


Dividend Valuation Growth Profitability Health

8

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.
BELFB had positive earnings in each of the past 5 years.
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

BELFB has a Return On Assets of 6.84%. This is amongst the best in the industry. BELFB outperforms 81.45% of its industry peers.
BELFB's Return On Equity of 15.24% is amongst the best of the industry. BELFB outperforms 83.87% of its industry peers.
Looking at the Return On Invested Capital, with a value of 9.32%, BELFB is in the better half of the industry, outperforming 79.84% 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 9.30%.
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

With an excellent Profit Margin value of 10.04%, BELFB belongs to the best of the industry, outperforming 83.06% 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 86.29% of its industry peers.
In the last couple of years the Operating Margin of BELFB has grown nicely.
Looking at the Gross Margin, with a value of 38.69%, BELFB is in the better half of the industry, outperforming 66.13% 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 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.
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.
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 4.45 indicates that BELFB is not in any danger for bankruptcy at the moment.
BELFB has a Altman-Z score of 4.45. This is in the better half of the industry: BELFB outperforms 67.74% 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's Debt to FCF ratio of 5.07 is fine compared to the rest of the industry. BELFB outperforms 61.29% of its industry peers.
A Debt/Equity ratio of 0.53 indicates that BELFB is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.53, BELFB is doing worse than 72.58% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.53
Debt/FCF 5.07
Altman-Z 4.45
ROIC/WACC1.05
WACC8.91%
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

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's Current ratio of 3.06 is fine compared to the rest of the industry. BELFB outperforms 62.10% of its industry peers.
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 52.42% 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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

7

3. Growth

3.1 Past

BELFB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 28.68%, which is quite impressive.
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

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

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

Based on the Price/Earnings ratio of 26.13, the valuation of BELFB can be described as expensive.
Based on the Price/Earnings ratio, BELFB is valued a bit cheaper than the industry average as 66.94% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.84, BELFB is valued at the same level.
Based on the Price/Forward Earnings ratio of 23.89, the valuation of BELFB can be described as rather expensive.
62.90% of the companies in the same industry are more expensive than BELFB, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.40, BELFB is valued at the same level.
Industry RankSector Rank
PE 26.13
Fwd PE 23.89
BELFB Price Earnings VS Forward Price EarningsBELFB Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

BELFB's Enterprise Value to EBITDA is on the same level as the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as BELFB.
Industry RankSector Rank
P/FCF 49.24
EV/EBITDA 20.28
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.
A more expensive valuation may be justified as BELFB's earnings are expected to grow with 16.83% in the coming years.
PEG (NY)0.9
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.
Compared to an average S&P500 Dividend Yield of 2.00, BELFB's dividend is way lower than the S&P500 average.
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 been paying a dividend for at least 10 years, so it has 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 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 (12/30/2025, 1:59:10 PM)

173.49

-0.85 (-0.49%)

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 Cap2.20B
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 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 26.13
Fwd PE 23.89
P/S 3.38
P/FCF 49.24
P/OCF 36.98
P/B 5.13
P/tB N/A
EV/EBITDA 20.28
EPS(TTM)6.64
EY3.83%
EPS(NY)7.26
Fwd EY4.19%
FCF(TTM)3.52
FCFY2.03%
OCF(TTM)4.69
OCFY2.7%
SpS51.29
BVpS33.79
TBVpS-0.64
PEG (NY)0.9
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 4.45
F-Score3
WACC8.91%
ROIC/WACC1.05
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%.