(BELFA) Bel Fuse - Overview
Sector: Technology | Industry: Electronic Components | Exchange: NASDAQ (USA) | Market Cap: 3.139m USD | Total Return: 260% in 12m
Avg Turnover: 28.9M
EPS Trend: 7.3%
Qual. Beats: 4
Rev. Trend: 5.0%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Rs Leader, Idiosyncratic Leader, Tailwind, Pullback 52w, Avwap Ph Week, Confidence
Bel Fuse Inc. (BELFA) is a global manufacturer specializing in electronic components across three primary segments: Power Solutions and Protection, Connectivity Solutions, and Magnetic Solutions. The company serves diverse end markets including aerospace, defense, telecommunications, and e-Mobility. Its product portfolio ranges from front-end power supplies and fiber optic connectors to integrated magnetic modules used in high-speed data transmission.
The company operates within the electronic components industry, a sector characterized by high sensitivity to global supply chain cycles and capital expenditure trends in the industrial and computing sectors. Bel Fuse utilizes a multi-channel distribution strategy, leveraging direct sales managers alongside independent representatives and authorized distributors to reach clients across North America, Europe, and Asia.
Investors can evaluate the companys historical performance and valuation metrics on ValueRay to gain further insight. Headquartered in New Jersey and incorporated in 1949, the firm maintains a long-standing presence in the electronic equipment and instruments sub-industry.
- Aerospace and defense sector growth drives high-margin connectivity solutions revenue
- Shift toward electric vehicle infrastructure accelerates e-Mobility segment power product demand
- Inventory destocking cycles in networking and telecommunications markets impact short-term sales
- Global manufacturing footprint optimization reduces operational costs and expands EBITDA margins
- Exposure to industrial automation spending influences long-term magnetic solutions order volume
| Net Income: 55.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA 1.22 > 1.0 |
| NWC/Revenue: 38.82% < 20% (prev 46.01%; Δ -7.19% < -1%) |
| CFO/TA 0.09 > 3% & CFO 86.3m > Net Income 55.0m |
| Net Debt (188.3m) to EBITDA (136.5m): 1.38 < 3 |
| Current Ratio: 3.18 > 1.5 & < 3 |
| Outstanding Shares: last quarter (12.4m) vs 12m ago 0.79% < -2% |
| Gross Margin: 39.22% > 18% (prev 38.13%; Δ 1.09% > 0.5%) |
| Asset Turnover: 74.16% > 50% (prev 59.43%; Δ 14.73% > 0%) |
| Interest Coverage Ratio: 8.38 > 6 (EBIT TTM 110.0m / Interest Expense TTM 13.1m) |
| A: 0.29 (Total Current Assets 397.2m - Total Current Liabilities 124.7m) / Total Assets 951.9m |
| B: 0.43 (Retained Earnings 413.6m / Total Assets 951.9m) |
| C: 0.12 (EBIT TTM 110.0m / Avg Total Assets 946.2m) |
| D: 1.05 (Book Value of Equity 438.9m / Total Liabilities 416.2m) |
| Altman-Z'' = 5.18 = AAA |
| DSRI: 0.88 (Receivables 120.0m/109.2m, Revenue 701.7m/558.9m) |
| GMI: 0.97 (GM 38.13% / 39.22%) |
| AQI: 0.96 (AQ_t 0.51 / AQ_t-1 0.53) |
| SGI: 1.26 (Revenue 701.7m / 558.9m) |
| TATA: -0.03 (NI 55.0m - CFO 86.3m) / TA 951.9m) |
| Beneish M = -3.00 (Cap -4..+1) = A |
As of June 09, 2026, the stock is trading at USD 247.26 with a total of 154,922 shares traded.
Over the past week, the price has changed by +3.35%,
over one month by -6.82%,
over three months by +43.05% and
over the past year by +260.03%.
Bel Fuse has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy BELFA.
- StrongBuy: 2
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 322 | 30.2% |
P/E Trailing = 59.4578
P/E Forward = 29.5858
P/S = 4.507
P/B = 7.7062
P/EG = 1.9721
Revenue TTM = 701.7m USD
EBIT TTM = 110.0m USD
EBITDA TTM = 136.5m USD
Long Term Debt = 204.5m USD (from longTermDebt, last quarter)
Short Term Debt = 7.23m USD (from shortTermDebt, last quarter)
Debt = 247.8m USD (from shortLongTermDebtTotal, last quarter) + Leases 21.6m
Net Debt = 188.3m USD (calculated: Debt 247.8m - CCE 59.4m)
Enterprise Value = 3.33b USD (3.14b + Debt 247.8m - CCE 59.4m)
Interest Coverage Ratio = 8.38 (Ebit TTM 110.0m / Interest Expense TTM 13.1m)
EV/FCF = 44.70x (Enterprise Value 3.33b / FCF TTM 74.4m)
FCF Yield = 2.24% (FCF TTM 74.4m / Enterprise Value 3.33b)
FCF Margin = 10.61% (FCF TTM 74.4m / Revenue TTM 701.7m)
Net Margin = 7.84% (Net Income TTM 55.0m / Revenue TTM 701.7m)
Gross Margin = 39.22% ((Revenue TTM 701.7m - Cost of Revenue TTM 426.5m) / Revenue TTM)
Gross Margin QoQ = 38.99% (prev 39.43%)
Tobins Q-Ratio = 3.50 (Enterprise Value 3.33b / Total Assets 951.9m)
Interest Expense / Debt = 5.30% (Interest Expense 13.1m / Debt 247.8m)
Taxrate = 20.53% (18.3m / 89.1m)
NOPAT = 87.4m (EBIT 110.0m * (1 - 20.53%))
Current Ratio = 3.18 (Total Current Assets 397.2m / Total Current Liabilities 124.7m)
Debt / Equity = 0.56 (Debt 247.8m / totalStockholderEquity, last quarter 438.9m)
Debt / EBITDA = 1.38 (Net Debt 188.3m / EBITDA 136.5m)
Debt / FCF = 2.53 (Net Debt 188.3m / FCF TTM 74.4m)
Total Stockholder Equity = 424.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 5.82% (Net Income 55.0m / Total Assets 951.9m)
RoE = 12.97% (Net Income TTM 55.0m / Total Stockholder Equity 424.2m)
RoCE = 17.49% (EBIT 110.0m / Capital Employed (Equity 424.2m + L.T.Debt 204.5m))
RoIC = 10.94% (NOPAT 87.4m / Invested Capital 799.3m)
WACC = 11.11% (E(3.14b)/V(3.39b) * Re(11.65%) + D(247.8m)/V(3.39b) * Rd(5.30%) * (1-Tc(0.21)))
Discount Rate = 11.65% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -15.56 | Cagr: -1.42%
[DCF] Terminal Value 69.59% ; FCFF base≈69.5m ; Y1≈79.7m ; Y5≈117.3m
[DCF] Fair Price = 471.3 (EV 1.19b - Net Debt 188.3m = Equity 996.9m / Shares 2.12m; r=11.11% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 7.27 | EPS CAGR: 0.86% | SUE: 1.11 | # QB: 4
Revenue Correlation: 5.01 | Revenue CAGR: 0.57% | SUE: 0.79 | # QB: 0
EPS current Quarter (2026-06-30): EPS=2.29 | Chg30d=+30.82% | Revisions=+43% | Analysts=2
EPS next Quarter (2026-09-30): EPS=2.21 | Chg30d=+21.04% | Revisions=+43% | Analysts=2
EPS current Year (2026-12-31): EPS=7.61 | Chg30d=+11.80% | Revisions=+43% | GrowthEPS=+12.9% | GrowthRev=+16.7%
EPS next Year (2027-12-31): EPS=9.26 | Chg30d=+14.39% | Revisions=+33% | GrowthEPS=+21.7% | GrowthRev=+6.5%
[Analyst] Revisions Ratio: +43%