BDC Stock Analysis: Belden | NYSE
Communication Equipment | NYSE, USA | Market Cap: 3.973m USD | 12M Return: 8.4% | US0774541066 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 59.7M
EPS Trend: 67.6%
Qual. Beats: 3
Rev. Trend: 72.3%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.6 years of data
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.
Belden Inc. (NYSE: BDC) is a U.S.-based manufacturer of connectivity and network infrastructure products, headquartered in Saint Louis, Missouri, and founded in 1902. Its offerings include copper and fiber cables, interconnect panels, racks and enclosures, signal extension systems, and data center power and cooling products. The company sells through distributors, installers, end-users, and OEMs, serving markets such as data centers, broadband and wireless providers, industrial automation, energy, mass transit, government, healthcare, and commercial real estate across the Americas, EMEA, and Asia-Pacific.
Classified within the Information Technology sector (Electronic Components sub-industry), Belden operates as a B2B industrial supplier where revenue is largely tied to capital spending cycles in telecommunications, data center buildouts, and factory automation. Its diversified exposure across enterprise networking, 5G/FTTH deployment, and industrial digitization positions it across both IT and operational technology (OT) infrastructure spending.
- Data center infrastructure demand accelerates with AI buildout
- Industrial automation orders soften amid European manufacturing weakness
- Broadband and fiber-to-the-home deployments drive connectivity segment growth
| Net Income: 244.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA -0.29 > 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 (504.3m): 2.10 < 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: 82.99% > 50% (prev 77.00%; Δ 5.99% > 0%) |
| Interest Coverage Ratio: 15.63 > 6 (EBIT TTM 374.9m / Interest Expense TTM 24.0m) |
| A: 0.21 (Total Current Assets 1.39b - Total Current Liabilities 652.8m) / Total Assets 3.50b |
| B: 0.43 (Retained Earnings 1.52b / Total Assets 3.50b) |
| C: 0.11 (EBIT TTM 374.9m / Avg Total Assets 3.45b) |
| D: 0.65 (Book Value of Equity 1.38b / Total Liabilities 2.12b) |
| Altman-Z'' = 4.22 = AA |
| DSRI: 1.07 (Receivables 534.2m/454.7m, Revenue 2.86b/2.62b) |
| GMI: 1.03 (GM 37.62% / 36.47%) |
| AQI: 0.90 (AQ_t 0.41 / AQ_t-1 0.45) |
| SGI: 1.09 (Revenue 2.86b / 2.62b) |
| TATA: -0.04 (NI 244.1m - CFO 376.0m) / TA 3.50b) |
| Beneish M = -2.93 (Cap -4..+1) = A |
As of August 06, 2026, the stock is trading at USD 128.18 with a total of 414,727 shares traded. Over the past week, the price has changed by +25.63%, over one month by +13.19%, over three months by +14.49% and over the past year by +8.35%.
Current recommended Stop Loss: 121.50 (which is 5.2% or 1.2 ATR below the current price).
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
| Analysts Target Price | 153 | 19.4% |
P/E Trailing = 19.7155
P/E Forward = 14.881
P/S = 1.4589
P/B = 3.097
P/EG = 0.9926
Revenue TTM = 2.86b USD
EBIT TTM = 374.9m USD
EBITDA TTM = 504.3m USD
Long Term Debt = 1.29b USD (from longTermDebt, last fiscal year)
Short Term Debt = unknown (none)
Debt = 1.41b USD (from shortLongTermDebtTotal, last quarter) + Leases 89.9m
Net Debt = 1.06b USD (calculated: Debt 1.41b - CCE 348.7m)
Enterprise Value = 5.03b USD (3.97b + Debt 1.41b - CCE 348.7m)
Interest Coverage Ratio = 15.63 (Ebit TTM 374.9m / Interest Expense TTM 24.0m)
EV/FCF = 23.74x (Enterprise Value 5.03b / FCF TTM 212.1m)
FCF Yield = 4.21% (FCF TTM 212.1m / Enterprise Value 5.03b)
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 = 1.44 (Enterprise Value 5.03b / Total Assets 3.50b)
Interest Expense / Debt = 1.70% (Interest Expense 24.0m / Debt 1.41b)
Taxrate = 18.67% (59.5m / 319.0m)
NOPAT = 304.9m (EBIT 374.9m * (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 = 2.10 (Net Debt 1.06b / EBITDA 504.3m)
Debt / FCF = 5.00 (Net Debt 1.06b / FCF TTM 212.1m)
Total Stockholder Equity = 1.29b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.07% (Net Income 244.1m / Total Assets 3.50b)
RoE = 18.87% (Net Income TTM 244.1m / Total Stockholder Equity 1.29b)
RoCE = 14.53% (EBIT 374.9m / Capital Employed (Equity 1.29b + L.T.Debt 1.29b))
RoIC = 11.26% (NOPAT 304.9m / Invested Capital 2.71b)
WACC = 9.32% (E(3.97b)/V(5.38b) * Re(12.13%) + D(1.41b)/V(5.38b) * Rd(1.70%) * (1-Tc(0.19)))
Discount Rate = 12.13% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -95.88 | Cagr: -2.40%
[DCF] Terminal Value 71.87% ; FCFF base≈213.5m ; Y1≈211.4m ; Y5≈217.8m
[DCF] Fair Price = 47.72 (EV 2.92b - Net Debt 1.06b = Equity 1.86b / Shares 38.9m; r=9.32% [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=2.24 | Chg30d=+7.34% | Revisions=+25% | Analysts=3
EPS current Year (2026-12-31): EPS=8.34 | Chg30d=+3.79% | Revisions=+25% | GrowthEPS=+10.7% | GrowthRev=+23.0%
EPS next Year (2027-12-31): EPS=9.72 | Chg30d=+9.72% | Revisions=+25% | GrowthEPS=+16.5% | GrowthRev=+16.4%
[Analyst] Revisions Ratio: +50% (up=3, down=0)