(BELFB) Bel Fuse - Overview
Sector: Technology | Industry: Electronic Components | Exchange: NASDAQ (USA) | Market Cap: 3.933m USD | Total Return: 259.9% in 12m
Avg Turnover: 82.7M
EPS Trend: -11.2%
Qual. Beats: 0
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. (BELFB) is a global manufacturer specializing in electronic components that power, protect, and connect circuits. The company operates through three primary segments: Power Solutions and Protection, Connectivity Solutions, and Magnetic Solutions. Their diversified product portfolio includes power supplies, fiber optic connectors, and integrated magnetic modules used across high-growth sectors such as e-Mobility, defense, commercial aerospace, and telecommunications.
The electronic components industry is characterized by high capital intensity and cyclical demand driven by infrastructure upgrades in data centers and industrial automation. Bel Fuse utilizes a multi-channel distribution strategy, leveraging direct sales and independent representatives to reach markets across North America, Europe, and Asia. This broad geographic and end-market exposure helps mitigate risks associated with regional economic downturns.
Investors can evaluate the company’s valuation metrics and historical performance trends by consulting ValueRay. Headquartered in New Jersey and incorporated in 1949, Bel Fuse maintains a long-standing presence in the electronic hardware supply chain.
- Expansion in aerospace and defense sectors drives high-margin revenue growth
- Inventory destocking in networking and telecommunications markets pressures short-term sales
- Growth in electric vehicle and industrial automation increases power solution demand
- Fluctuations in raw material costs and global logistics impact gross margins
- Strategic shift toward higher-value connectivity products improves overall profitability mix
| 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 279.13 with a total of 352,114 shares traded.
Over the past week, the price has changed by +3.44%,
over one month by -6.33%,
over three months by +45.57% and
over the past year by +259.85%.
Bel Fuse has received a consensus analysts rating of 4.80. Therefore, it is recommended to buy BELFB.
- StrongBuy: 4
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 308.8 | 10.6% |
P/E Trailing = 66.6362
P/E Forward = 33.4448
P/S = 5.6771
P/B = 8.7113
P/EG = 2.2293
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 = 4.12b USD (3.93b + Debt 247.8m - CCE 59.4m)
Interest Coverage Ratio = 8.38 (Ebit TTM 110.0m / Interest Expense TTM 13.1m)
EV/FCF = 55.37x (Enterprise Value 4.12b / FCF TTM 74.4m)
FCF Yield = 1.81% (FCF TTM 74.4m / Enterprise Value 4.12b)
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 = 4.33 (Enterprise Value 4.12b / 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 = 11.19% (E(3.93b)/V(4.18b) * Re(11.63%) + D(247.8m)/V(4.18b) * Rd(5.30%) * (1-Tc(0.21)))
Discount Rate = 11.63% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -15.56 | Cagr: -1.42%
[DCF] Terminal Value 69.35% ; FCFF base≈69.5m ; Y1≈79.7m ; Y5≈117.3m
[DCF] Fair Price = 81.35 (EV 1.17b - Net Debt 188.3m = Equity 985.0m / Shares 12.1m; r=11.19% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -11.21 | EPS CAGR: -1.45% | SUE: 0.77 | # QB: 0
Revenue Correlation: 5.01 | Revenue CAGR: 0.57% | SUE: 0.76 | # QB: 0
EPS current Quarter (2026-06-30): EPS=2.42 | Chg30d=+27.00% | Revisions=+56% | Analysts=5
EPS next Quarter (2026-09-30): EPS=2.39 | Chg30d=+17.97% | Revisions=+56% | Analysts=5
EPS current Year (2026-12-31): EPS=8.56 | Chg30d=+14.35% | Revisions=+56% | GrowthEPS=+20.6% | GrowthRev=+16.7%
EPS next Year (2027-12-31): EPS=10.00 | Chg30d=+13.66% | Revisions=+50% | GrowthEPS=+16.9% | GrowthRev=+6.5%
[Analyst] Revisions Ratio: +56%