BDC Stock Analysis: Belden | NYSE

Copper Cables, Fiber Cables, Signal Systems, Power Management

Total Rating 28

Safety 64

Buy Signal -0.53

Communication Equipment
Industry Rotation: -46.5

Market Cap: 4.20B
Avg Turnover: 40.3M

Risk 3d forecast

Volatility49.6%

VaR 5^th Pctl8.25%

VaR vs Median0.92%

Reward TTM

Sharpe Ratio-0.39

Rel. Str. IBD10.1

Rel. Str. Peer Group14.7 pctl

Character TTM

Beta1.727

Beta Downside1.693

Hurst Exponent0.737

Choppyness51.7%

Drawdowns 3y

Max DD36.14%

CAGR/Max DD0.41

CAGR/Mean DD1.28

EPS (Earnings per Share)

EPS CAGR: 11.88%
EPS Trend: 86.9%

Last SUE: -0.47
Qual. Beats: 0

Revenue

Rev. CAGR: 9.50%
Rev. Trend: 90.3%

Last SUE: 0.69
Qual. Beats: 0

Warnings

Below Avwap Earnings

Below Sma 200d

Tailwinds

Confidence

Seasonality 11.7 years of data

Jan -1.2% 19

Feb -0.6% 5

Mar -3.5% 32

Apr -1.9% 30

May +2.2% 29

Jun +2.5% 9

Jul +0.5% 19

Aug +2.0% 15

Sep -0.6% 19

Oct -3.9% 29

Nov +3.6% 23

Dec -0.7% 22

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: BDC Belden

Belden Inc. (NYSE: BDC) is a U.S.-based manufacturer of data infrastructure and connectivity solutions, operating within the Information Technology sectors electronic components sub-industry. The company produces copper and fiber cable, connectivity hardware, interconnect panels, racks and enclosures, and signal extension systems for applications spanning local area networks, data centers, 5G, fiber-to-the-home, and building automation. It also supplies power, cooling, and airflow management products for mission-critical data center operations.

Beyond enterprise and broadband connectivity, Belden offers network digitization and automation solutions for discrete and process manufacturing, energy, and mass transit markets, positioning it in the industrial networking segment. Its products reach end customers through distributors, installers, and OEMs across commercial real estate, education, financial services, government, healthcare, hospitality, military, and broadband/wireless carrier verticals.

Founded in 1902 and headquartered in Saint Louis, Missouri, Belden sells globally across the Americas, Europe, the Middle East, Africa, and Asia-Pacific. The company has been listed on the NYSE since 1993 and adopted its current name in May 2007 after operating as Belden CDT Inc.

Headlines to Watch Out For

Data center solutions revenue accelerates on AI infrastructure buildout
Industrial automation segment faces cyclical headwinds from slowing manufacturing
Fiber and broadband demand grows on 5G and FTTH expansion

Piotroski VR-10 (Strict) 3.5

Net Income: 176.1m TTM > 0 and > 6% of Revenue
FCF/TA: 0.04 > 0.02 and ΔFCF/TA -2.39 > 1.0
NWC/Revenue: 24.97% < 20% (prev 23.59%; Δ 1.37% < -1%)
CFO/TA 0.07 > 3% & CFO 400.6m > Net Income 176.1m
Net Debt (2.87b) to EBITDA (473.9m): 6.06 < 3
Current Ratio: 1.82 > 1.5 & < 3
Outstanding Shares: last quarter (39.1m) vs 12m ago -2.63% < -2%
Gross Margin: 36.20% > 18% (prev 37.21%; Δ -1.01% > 0.5%)
Asset Turnover: 66.62% > 50% (prev 77.43%; Δ -10.81% > 0%)
Interest Coverage Ratio: 3.60 > 6 (EBIT TTM 292.9m / Interest Expense TTM 81.3m)

Altman Z'' 2.42

A: 0.13 (Total Current Assets 1.73b - Total Current Liabilities 951.3m) / Total Assets 5.97b
B: 0.25 (Retained Earnings 1.51b / Total Assets 5.97b)
C: 0.06 (EBIT TTM 292.9m / Avg Total Assets 4.70b)
D: 0.30 (Book Value of Equity 1.39b / Total Liabilities 4.58b)
Altman-Z'' = 2.42 = A

Beneish M -2.48

DSRI: 1.26 (Receivables 684.4m/461.3m, Revenue 3.13b/2.66b)
GMI: 1.03 (GM 37.21% / 36.20%)
AQI: 1.32 (AQ_t 0.59 / AQ_t-1 0.44)
SGI: 1.18 (Revenue 3.13b / 2.66b)
TATA: -0.04 (NI 176.1m - CFO 400.6m) / TA 5.97b)
Beneish M = -2.48 (Cap -4..+1) = BBB

What is the price of BDC shares?

As of November 06, 2026, the stock is trading at USD 96.25 with a total of 1,183,075 shares traded. Over the past week, the price has changed by -10.45%, over one month by -13.56%, over three months by -24.88% and over the past year by -19.84%.

Current recommended Stop Loss: 90.20 (which is 6.3% or 1.3 ATR below the current price).

Is BDC a buy, sell or hold?

Belden has received a consensus analysts rating of 4.80. Therefore, it is recommended to buy BDC.

StrongBuy: 4
Buy: 1
Hold: 0
Sell: 0
StrongSell: 0

What are the forecasts/targets for the BDC price?

Analysts Target Price	153.2	59.2%

Belden (BDC) - Fundamental Data Overview as of 31 October 2026

Market Cap USD = 4.20b (4.20b USD * 1.0 USD.USD)
P/E Trailing = 17.4764
P/E Forward = 14.881
P/S = 1.4661
P/B = 3.0104
P/EG = 0.9926
Revenue TTM = 3.13b USD
EBIT TTM = 292.9m USD
EBITDA TTM = 473.9m USD
Long Term Debt = 1.29b USD (from longTermDebt, last fiscal year)
Short Term Debt = 18.5m USD (from shortTermDebt, last quarter)
Debt = 3.25b USD (from shortLongTermDebtTotal, last quarter) + Leases 88.7m
Net Debt = 2.87b USD (calculated: Debt 3.25b - CCE 380.7m)
Enterprise Value = 7.07b USD (4.20b + Debt 3.25b - CCE 380.7m)
Interest Coverage Ratio = 3.60 (Ebit TTM 292.9m / Interest Expense TTM 81.3m)
EV/FCF = 30.94x (Enterprise Value 7.07b / FCF TTM 228.6m)
FCF Yield = 3.23% (FCF TTM 228.6m / Enterprise Value 7.07b)
FCF Margin = 7.30% (FCF TTM 228.6m / Revenue TTM 3.13b)
Net Margin = 5.62% (Net Income TTM 176.1m / Revenue TTM 3.13b)
Gross Margin = 36.20% ((Revenue TTM 3.13b - Cost of Revenue TTM 2.00b) / Revenue TTM)
Gross Margin QoQ = 35.07% (prev 39.14%)
Tobins Q-Ratio = 1.19 (Enterprise Value 7.07b / Total Assets 5.97b)
Interest Expense / Debt = 2.50% (Interest Expense 81.3m / Debt 3.25b)
Taxrate = 16.50% (37.8m / 229.2m)
NOPAT = 244.6m (EBIT 292.9m * (1 - 16.50%))
Current Ratio = 1.82 (Total Current Assets 1.73b / Total Current Liabilities 951.3m)
Debt / Equity = 2.34 (Debt 3.25b / totalStockholderEquity, last quarter 1.39b)
Debt / EBITDA = 6.06 (Net Debt 2.87b / EBITDA 473.9m)
Debt / FCF = 12.56 (Net Debt 2.87b / FCF TTM 228.6m)
Total Stockholder Equity = 1.33b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.75% (Net Income 176.1m / Total Assets 5.97b)
RoE = 13.23% (Net Income TTM 176.1m / Total Stockholder Equity 1.33b)
RoCE = 11.19% (EBIT 292.9m / Capital Employed (Equity 1.33b + L.T.Debt 1.29b))
RoIC = 5.01% (NOPAT 244.6m / Invested Capital 4.88b)
WACC = 7.36% (E(4.20b)/V(7.45b) * Re(11.44%) + D(3.25b)/V(7.45b) * Rd(2.50%) * (1-Tc(0.16)))
Discount Rate = 11.44% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -96.59 | Cagr: -2.32%
[DCF] Terminal Value 76.31% ; FCFF base≈222.7m ; Y1≈236.4m ; Y5≈279.9m
[DCF] Fair Price = 36.64 (EV 4.30b - Net Debt 2.87b = Equity 1.43b / Shares 39.1m; r=8.35% [WACC [floored]]; 5y FCF grow 6.91% → 2.50% )
EPS Correlation: 86.87 | EPS CAGR: 11.88% | SUE: -0.47 | # QB: 0
Revenue Correlation: 90.28 | Revenue CAGR: 9.50% | SUE: 0.69 | # QB: 0
EPS current Quarter (2027-03-31): EPS=2.09 | Chg30d=+0.24% | Revisions=+57% | Analysts=5
EPS current Year (2026-12-31): EPS=8.65 | Chg30d=+0.01% | Revisions=+57% | GrowthEPS=+14.7% | GrowthRev=+24.2%
EPS next Year (2027-12-31): EPS=10.03 | Chg30d=-0.11% | Revisions=+57% | GrowthEPS=+16.1% | GrowthRev=+17.2%
[Analyst] Revisions Ratio: +80% (up=12, down=0)