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

NASDAQ:BELFB • US0773473006

234.4 USD
+2.57 (+1.11%)
At close: Feb 24, 2026
234.4 USD
0 (0%)
After Hours: 2/24/2026, 4:30:02 PM
Fundamental Rating

6

Overall BELFB gets a fundamental rating of 6 out of 10. We evaluated BELFB against 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. While showing a medium growth rate, BELFB is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

9

1. Profitability

1.1 Basic Checks

  • In the past year BELFB was profitable.
  • 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 2025 0 50M -50M 100M

1.2 Ratios

  • BELFB's Return On Assets of 6.58% is amongst the best of the industry. BELFB outperforms 80.65% of its industry peers.
  • BELFB has a Return On Equity of 14.46%. This is amongst the best in the industry. BELFB outperforms 83.06% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 10.20%, BELFB belongs to the top of the industry, outperforming 85.48% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for BELFB is above the industry average of 8.82%.
Industry RankSector Rank
ROA 6.58%
ROE 14.46%
ROIC 10.2%
ROA(3y)7.94%
ROA(5y)7.61%
ROE(3y)15.83%
ROE(5y)15.9%
ROIC(3y)11.3%
ROIC(5y)10.45%
BELFB Yearly ROA, ROE, ROICBELFB Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 -40

1.3 Margins

  • BELFB has a Profit Margin of 9.11%. This is amongst the best in the industry. BELFB outperforms 81.45% of its industry peers.
  • In the last couple of years the Profit Margin of BELFB has grown nicely.
  • BELFB has a better Operating Margin (15.49%) than 88.71% of its industry peers.
  • In the last couple of years the Operating Margin of BELFB has grown nicely.
  • BELFB has a Gross Margin of 39.15%. This is in the better half of the industry: BELFB outperforms 67.74% of its industry peers.
  • BELFB's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 15.49%
PM (TTM) 9.11%
GM 39.15%
OM growth 3Y12.69%
OM growth 5Y32.6%
PM growth 3Y4.19%
PM growth 5Y27.09%
GM growth 3Y11.75%
GM growth 5Y8.78%
BELFB Yearly Profit, Operating, Gross MarginsBELFB Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20 30

5

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BELFB is creating some value.
  • The number of shares outstanding for BELFB has been increased compared to 1 year ago.
  • BELFB has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for BELFB has been reduced compared to a year ago.
BELFB Yearly Shares OutstandingBELFB Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 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 2025 200M 400M 600M 800M

2.2 Solvency

  • The Debt to FCF ratio of BELFB is 2.88, which is a good value as it means it would take BELFB, 2.88 years of fcf income to pay off all of its debts.
  • BELFB has a better Debt to FCF ratio (2.88) than 73.39% of its industry peers.
  • A Debt/Equity ratio of 0.46 indicates that BELFB is not too dependend on debt financing.
  • The Debt to Equity ratio of BELFB (0.46) is worse than 69.35% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.46
Debt/FCF 2.88
Altman-Z N/A
ROIC/WACC1.12
WACC9.14%
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 2025 0 100M 200M 300M 400M

2.3 Liquidity

  • BELFB has a Current Ratio of 3.02. This indicates that BELFB is financially healthy and has no problem in meeting its short term obligations.
  • BELFB's Current ratio of 3.02 is fine compared to the rest of the industry. BELFB outperforms 64.52% of its industry peers.
  • A Quick Ratio of 1.71 indicates that BELFB should not have too much problems paying its short term obligations.
  • The Quick ratio of BELFB (1.71) is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 3.02
Quick Ratio 1.71
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 2025 100M 200M 300M

6

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 33.27% over the past year.
  • The Earnings Per Share has been growing by 49.17% 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 26.30%.
  • Measured over the past years, BELFB shows a small growth in Revenue. The Revenue has been growing by 7.72% on average per year.
EPS 1Y (TTM)33.27%
EPS 3Y4.99%
EPS 5Y49.17%
EPS Q2Q%29.41%
Revenue 1Y (TTM)26.3%
Revenue growth 3Y1.07%
Revenue growth 5Y7.72%
Sales Q2Q%17.4%

3.2 Future

  • The Earnings Per Share is expected to grow by 8.61% on average over the next years. This is quite good.
  • Based on estimates for the next years, BELFB will show a small growth in Revenue. The Revenue will grow by 6.41% on average per year.
EPS Next Y2.42%
EPS Next 2Y8.61%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year6.49%
Revenue Next 2Y6.41%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
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

3

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 33.06 indicates a quite expensive valuation of BELFB.
  • Compared to the rest of the industry, the Price/Earnings ratio of BELFB indicates a somewhat cheap valuation: BELFB is cheaper than 63.71% of the companies listed in the same industry.
  • BELFB's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.64.
  • BELFB is valuated quite expensively with a Price/Forward Earnings ratio of 32.28.
  • The rest of the industry has a similar Price/Forward Earnings ratio as BELFB.
  • When comparing the Price/Forward Earnings ratio of BELFB to the average of the S&P500 Index (27.75), we can say BELFB is valued inline with the index average.
Industry RankSector Rank
PE 33.06
Fwd PE 32.28
BELFB Price Earnings VS Forward Price EarningsBELFB Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80 100

4.2 Price Multiples

  • BELFB's Enterprise Value to EBITDA is on the same level as the industry average.
  • 62.10% of the companies in the same industry are more expensive than BELFB, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 43.25
EV/EBITDA 23.43
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 high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates BELFB does not grow enough to justify the current Price/Earnings ratio.
  • The excellent profitability rating of BELFB may justify a higher PE ratio.
PEG (NY)13.67
PEG (5Y)0.67
EPS Next 2Y8.61%
EPS Next 3YN/A

6

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.11%, BELFB is not a good candidate for dividend investing.
  • 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 1.80, BELFB's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.11%

5.2 History

  • The dividend of BELFB has a limited annual growth rate of 0.21%.
  • 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)0.21%
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

  • 5.63% 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.
DP5.63%
EPS Next 2Y8.61%
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 2025 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 (2/24/2026, 4:30:02 PM)

After market: 234.4 0 (0%)

234.4

+2.57 (+1.11%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)02-17
Earnings (Next)04-22
Inst Owners45.02%
Inst Owner Change9.86%
Ins Owners22.16%
Ins Owner Change-2.79%
Market Cap2.97B
Revenue(TTM)675.46M
Net Income(TTM)61.54M
Analysts84.44
Price TargetN/A
Short Float %34.3%
Short Ratio3.65
Dividend
Industry RankSector Rank
Dividend Yield 0.11%
Yearly Dividend0.28
Dividend Growth(5Y)0.21%
DP5.63%
Div Incr Years0
Div Non Decr Years25
Ex-Date04-15
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)21.62%
Min EPS beat(2)20.49%
Max EPS beat(2)22.75%
EPS beat(4)4
Avg EPS beat(4)20.51%
Min EPS beat(4)13.97%
Max EPS beat(4)24.82%
EPS beat(8)8
Avg EPS beat(8)35.62%
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)2.25%
Min Revenue beat(2)1.83%
Max Revenue beat(2)2.67%
Revenue beat(4)4
Avg Revenue beat(4)3.87%
Min Revenue beat(4)0.37%
Max Revenue beat(4)10.59%
Revenue beat(8)6
Avg Revenue beat(8)4.3%
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)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.37%
Valuation
Industry RankSector Rank
PE 33.06
Fwd PE 32.28
P/S 4.39
P/FCF 43.25
P/OCF 36.81
P/B 6.97
P/tB N/A
EV/EBITDA 23.43
EPS(TTM)7.09
EY3.02%
EPS(NY)7.26
Fwd EY3.1%
FCF(TTM)5.42
FCFY2.31%
OCF(TTM)6.37
OCFY2.72%
SpS53.35
BVpS33.61
TBVpS-0.57
PEG (NY)13.67
PEG (5Y)0.67
Graham Number73.22
Profitability
Industry RankSector Rank
ROA 6.58%
ROE 14.46%
ROCE 12.95%
ROIC 10.2%
ROICexc 10.99%
ROICexgc 25.99%
OM 15.49%
PM (TTM) 9.11%
GM 39.15%
FCFM 10.16%
ROA(3y)7.94%
ROA(5y)7.61%
ROE(3y)15.83%
ROE(5y)15.9%
ROIC(3y)11.3%
ROIC(5y)10.45%
ROICexc(3y)13.08%
ROICexc(5y)12.23%
ROICexgc(3y)23.68%
ROICexgc(5y)19.93%
ROCE(3y)14.34%
ROCE(5y)13.26%
ROICexgc growth 3Y8.57%
ROICexgc growth 5Y29.15%
ROICexc growth 3Y-11.32%
ROICexc growth 5Y17.41%
OM growth 3Y12.69%
OM growth 5Y32.6%
PM growth 3Y4.19%
PM growth 5Y27.09%
GM growth 3Y11.75%
GM growth 5Y8.78%
F-Score8
Asset Turnover0.72
Health
Industry RankSector Rank
Debt/Equity 0.46
Debt/FCF 2.88
Debt/EBITDA 1.51
Cap/Depr 45.13%
Cap/Sales 1.78%
Interest Coverage 7.07
Cash Conversion 61.44%
Profit Quality 111.5%
Current Ratio 3.02
Quick Ratio 1.71
Altman-Z N/A
F-Score8
WACC9.14%
ROIC/WACC1.12
Cap/Depr(3y)73.98%
Cap/Depr(5y)67.43%
Cap/Sales(3y)2.1%
Cap/Sales(5y)1.88%
Profit Quality(3y)129.4%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)33.27%
EPS 3Y4.99%
EPS 5Y49.17%
EPS Q2Q%29.41%
EPS Next Y2.42%
EPS Next 2Y8.61%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)26.3%
Revenue growth 3Y1.07%
Revenue growth 5Y7.72%
Sales Q2Q%17.4%
Revenue Next Year6.49%
Revenue Next 2Y6.41%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y53.5%
EBIT growth 3Y13.9%
EBIT growth 5Y42.83%
EBIT Next Year27.75%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y14.43%
FCF growth 3Y29.72%
FCF growth 5Y11.05%
OCF growth 1Y8.84%
OCF growth 3Y26.04%
OCF growth 5Y11.82%

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.


Can you provide the valuation status for BEL FUSE INC-CL B?

ChartMill assigns a valuation rating of 3 / 10 to BEL FUSE INC-CL B (BELFB). This can be considered as Overvalued.


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 5.63%.