BDC Stock Analysis: Belden | NYSE

Copper Cables, Fiber Cables, Signal Systems, Power Management

Total Rating 51

Safety 91

Buy Signal -0.10

Communication Equipment
Industry Rotation: +28.5

Market Cap: 4.27B
Avg Turnover: 46.1M

Risk 3d forecast

Volatility39.7%

VaR 5^th Pctl6.40%

VaR vs Median-1.92%

Reward TTM

Sharpe Ratio-0.02

Rel. Str. IBD36

Rel. Str. Peer Group8.3

Character TTM

Beta1.739

Beta Downside1.646

Hurst Exponent0.738

Drawdowns 3y

Max DD35.20%

CAGR/Max DD0.13

CAGR/Mean DD0.32

EPS (Earnings per Share)

EPS CAGR: 7.85%
EPS Trend: 67.6%

Last SUE: 4.00
Qual. Beats: 3

Revenue

Rev. CAGR: 5.71%
Rev. Trend: 72.3%

Last SUE: 0.36
Qual. Beats: 0

Warnings

Choppy

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 -0.5% 13

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) 6.5

Net Income: 244.1m TTM > 0 and > 6% of Revenue
FCF/TA: 0.06 > 0.02 and ΔFCF/TA -0.40 > 1.0
NWC/Revenue: 25.87% < 20% (prev 23.19%; Δ 2.68% < -1%)
CFO/TA 0.11 > 3% & CFO 376.0m > Net Income 244.1m
Net Debt (1.06b) to EBITDA (473.4m): 2.24 < 3
Current Ratio: 2.14 > 1.5 & < 3
Outstanding Shares: last quarter (39.3m) vs 12m ago -1.80% < -2%
Gross Margin: 36.47% > 18% (prev 37.62%; Δ -1.14% > 0.5%)
Asset Turnover: 82.24% > 50% (prev 77.00%; Δ 5.24% > 0%)
Interest Coverage Ratio: 6.59 > 6 (EBIT TTM 337.3m / Interest Expense TTM 51.2m)

Altman Z'' 4.07

A: 0.21 (Total Current Assets 1.39b - Total Current Liabilities 652.8m) / Total Assets 3.57b
B: 0.43 (Retained Earnings 1.52b / Total Assets 3.57b)
C: 0.10 (EBIT TTM 337.3m / Avg Total Assets 3.48b)
D: 0.63 (Book Value of Equity 1.38b / Total Liabilities 2.18b)
Altman-Z'' = 4.07 = AA

Beneish M -2.92

DSRI: 1.07 (Receivables 534.2m/454.7m, Revenue 2.86b/2.62b)
GMI: 1.03 (GM 37.62% / 36.47%)
AQI: 0.92 (AQ_t 0.42 / AQ_t-1 0.45)
SGI: 1.09 (Revenue 2.86b / 2.62b)
TATA: -0.04 (NI 244.1m - CFO 376.0m) / TA 3.57b)
Beneish M = -2.92 (Cap -4..+1) = A

What is the price of BDC shares?

As of October 08, 2026, the stock is trading at USD 109.41 with a total of 285,453 shares traded. Over the past week, the price has changed by +1.37%, over one month by -10.32%, over three months by +1.91% and over the past year by -5.04%.

Current recommended Stop Loss: 104.30 (which is 4.7% or 1.2 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	40%

Belden (BDC) - Fundamental Data Overview as of 01 October 2026

Market Cap USD = 4.27b (4.27b USD * 1.0 USD.USD)
P/E Trailing = 17.7354
P/E Forward = 14.881
P/S = 1.4902
P/B = 3.2213
P/EG = 0.9926
Revenue TTM = 2.86b USD
EBIT TTM = 337.3m USD
EBITDA TTM = 473.4m USD
Long Term Debt = 1.23b USD (from longTermDebt, last quarter)
Short Term Debt = 22.1m USD (from shortTermDebt, last fiscal year)
Debt = 1.41b USD (from shortLongTermDebtTotal, last quarter) + Leases 88.7m
Net Debt = 1.06b USD (calculated: Debt 1.41b - CCE 348.7m)
Enterprise Value = 5.33b USD (4.27b + Debt 1.41b - CCE 348.7m)
Interest Coverage Ratio = 6.59 (Ebit TTM 337.3m / Interest Expense TTM 51.2m)
EV/FCF = 25.13x (Enterprise Value 5.33b / FCF TTM 212.1m)
FCF Yield = 3.98% (FCF TTM 212.1m / Enterprise Value 5.33b)
FCF Margin = 7.40% (FCF TTM 212.1m / Revenue TTM 2.86b)
Net Margin = 8.52% (Net Income TTM 244.1m / Revenue TTM 2.86b)
Gross Margin = 36.47% ((Revenue TTM 2.86b - Cost of Revenue TTM 1.82b) / Revenue TTM)
Gross Margin QoQ = 39.14% (prev 36.00%)
Tobins Q-Ratio = 1.49 (Enterprise Value 5.33b / Total Assets 3.57b)
Interest Expense / Debt = 3.64% (Interest Expense 51.2m / Debt 1.41b)
Taxrate = 18.67% (59.5m / 319.0m)
NOPAT = 274.3m (EBIT 337.3m * (1 - 18.67%))
Current Ratio = 2.14 (Total Current Assets 1.39b / Total Current Liabilities 652.8m)
Debt / Equity = 1.02 (Debt 1.41b / totalStockholderEquity, last quarter 1.38b)
Debt / EBITDA = 2.24 (Net Debt 1.06b / EBITDA 473.4m)
Debt / FCF = 4.99 (Net Debt 1.06b / FCF TTM 212.1m)
Total Stockholder Equity = 1.29b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.01% (Net Income 244.1m / Total Assets 3.57b)
RoE = 18.87% (Net Income TTM 244.1m / Total Stockholder Equity 1.29b)
RoCE = 13.36% (EBIT 337.3m / Capital Employed (Equity 1.29b + L.T.Debt 1.23b))
RoIC = 9.82% (NOPAT 274.3m / Invested Capital 2.79b)
WACC = 9.83% (E(4.27b)/V(5.68b) * Re(12.10%) + D(1.41b)/V(5.68b) * Rd(3.64%) * (1-Tc(0.19)))
Discount Rate = 12.10% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -95.88 | Cagr: -2.40%
[DCF] Terminal Value 70.16% ; FCFF base≈213.5m ; Y1≈211.4m ; Y5≈217.8m
[DCF] Fair Price = 42.37 (EV 2.72b - Net Debt 1.06b = Equity 1.66b / Shares 39.1m; r=9.83% [WACC]; 5y FCF grow -1.66% → 2.50% )
EPS Correlation: 67.57 | EPS CAGR: 7.85% | SUE: 4.0 | # QB: 3
Revenue Correlation: 72.28 | Revenue CAGR: 5.71% | SUE: 0.36 | # QB: 0
EPS current Quarter (2026-09-30): EPS=2.26 | Chg30d=+0.09% | 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)