BELFA Stock Analysis: Bel Fuse | NASDAQ

Electronic Components | NASDAQ, USA | Market Cap: 2.966m USD | 12M Return: 99% | Charts, Fundamentals & Technical Analysis

Power Supplies, Circuit Protection, Connectors, Transformers
Total Rating 72
Safety 84
Buy Signal 0.23
Electronic Components
Industry Rotation: -24.2
Market Cap: 2.97B
Avg Turnover: 39.6M
Risk 3d forecast
Volatility53.6%
VaR 5th Pctl8.45%
VaR vs Median-3.59%
Reward TTM
Sharpe Ratio1.51
Rel. Str. IBD86.7
Rel. Str. Peer Group72.9
Character TTM
Beta1.651
Beta Downside1.380
Hurst Exponent0.498
Drawdowns 3y
Max DD43.43%
CAGR/Max DD1.45
CAGR/Mean DD6.00
EPS (Earnings per Share) EPS (Earnings per Share) of BELFA over the last years for every Quarter: "2021-06": 0.64, "2021-09": 0.48, "2021-12": 0.69, "2022-03": 0.38, "2022-06": 1.3, "2022-09": 1.27, "2022-12": 1.06, "2023-03": 1.49, "2023-06": 2.08, "2023-09": 1.46, "2023-12": 1.37, "2024-03": 1.19, "2024-06": 1.46, "2024-09": 0.94, "2024-12": 1.45, "2025-03": 1.28, "2025-06": 1.58, "2025-09": 1.65, "2025-12": 1.88, "2026-03": 1.72,
EPS CAGR: 0.86%
EPS Trend: 7.3%
Last SUE: 1.11
Qual. Beats: 4
Revenue Revenue of BELFA over the last years for every Quarter: 2021-06: 138.741, 2021-09: 146.966, 2021-12: 147.143, 2022-03: 136.718, 2022-06: 170.572, 2022-09: 177.739, 2022-12: 169.203, 2023-03: 172.344, 2023-06: 168.777, 2023-09: 158.682, 2023-12: 140.01, 2024-03: 128.09, 2024-06: 133.205, 2024-09: 123.638, 2024-12: 149.859, 2025-03: 152.238, 2025-06: 168.299, 2025-09: 178.98, 2025-12: 175.938, 2026-03: 178.491,
Rev. CAGR: 0.57%
Rev. Trend: 5.0%
Last SUE: 0.79
Qual. Beats: 0

Warnings

No concerns identified

Tailwinds

Idiosyncratic Leader
Confidence

Seasonality 10.5 years of data

Jan +4.5% 17
Feb -6.1% 15
Mar -0.7% 2
Apr -1.8% 0
May -0.1% 0
Jun -3.1% 15
Jul +6.4% 36
Aug -1.9% 20
Sep +2.4% 6
Oct -0.3% 5
Nov -2.0% 9
Dec -1.8% 5

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: BELFA Bel Fuse

Bel Fuse Inc. (NASDAQ: BELFA) is a U.S.-headquartered designer and manufacturer of electronic components organized into three product groups: Power Solutions and Protection, Connectivity Solutions, and Magnetic Solutions. The companys components are foundational building blocks used to power, protect, and interconnect electronic circuits, placing it within the Information Technology sectors Electronic Equipment & Instruments sub-industry as an upstream supplier to OEMs rather than a producer of finished end-products.

Bels portfolio spans front-end and board-mount power supplies, circuit protection devices, fiber optic and copper connectors, RF/microwave components, and magnetics such as transformers and inductors. End markets are broad and include networking, telecommunications, computing, general industrial, high-speed data transmission, defense, commercial aerospace, transportation, and e-Mobility, giving the business exposure to both long-cycle verticals (defense/aerospace) and faster-moving commercial segments (networking, data).

Products reach customers through direct strategic account managers, independent sales representatives, and authorized distributors across North America, Europe, the Middle East, and Asia. Founded in 1949 and headquartered in West Orange, New Jersey, Bel Fuse has operated for more than seven decades in the highly fragmented electronic components industry, competing against larger peers such as TE Connectivity and Amphenol while serving a diversified blue-chip customer base.

Headlines to Watch Out For
  • Defense and aerospace backlog expands on government spending
  • Data center demand drives high-speed connectivity revenue
  • e-Mobility and rail power solutions gain industrial traction
Piotroski VR-10 (Strict) 8.0
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 (128.7m): 1.46 < 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: 7.78 > 6 (EBIT TTM 102.2m / Interest Expense TTM 13.1m)
Altman Z'' 5.13
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: 0.11 (EBIT TTM 102.2m / Avg Total Assets 946.2m)
D: 1.05 (Book Value of Equity 438.9m / Total Liabilities 416.2m)
Altman-Z'' = 5.13 = AAA
Beneish M -2.94
DSRI: 0.94 (Receivables 129.4m/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 = -2.94 (Cap -4..+1) = A
What is the price of BELFA shares?

As of July 28, 2026, the stock is trading at USD 225.76 with a total of 104,680 shares traded. Over the past week, the price has changed by -0.56%, over one month by -17.15%, over three months by -1.74% and over the past year by +98.95%.

Current recommended Stop Loss: 208.10 (which is 7.8% or 1.2 ATR below the current price).

Is BELFA a buy, sell or hold?

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

What are the forecasts/targets for the BELFA price?
Analysts Target Price 322 42.6%
Bel Fuse (BELFA) - Fundamental Data Overview as of 28 July 2026
Market Cap USD = 2.97b (2.97b USD * 1.0 USD.USD)
P/E Trailing = 56.3164
P/E Forward = 28.9017
P/S = 4.2273
P/B = 7.5371
P/EG = 1.9288
Revenue TTM = 701.7m USD
EBIT TTM = 102.2m USD
EBITDA TTM = 128.7m 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 = 3.15b USD (2.97b + Debt 247.8m - CCE 59.4m)
Interest Coverage Ratio = 7.78 (Ebit TTM 102.2m / Interest Expense TTM 13.1m)
EV/FCF = 42.38x (Enterprise Value 3.15b / FCF TTM 74.4m)
FCF Yield = 2.36% (FCF TTM 74.4m / Enterprise Value 3.15b)
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 = 3.31 (Enterprise Value 3.15b / Total Assets 951.9m)
Interest Expense / Debt = 5.30% (Interest Expense 13.1m / Debt 247.8m)
Taxrate = 20.53% (18.3m / 89.1m)
NOPAT = 81.2m (EBIT 102.2m * (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 = 1.46 (Net Debt 188.3m / EBITDA 128.7m)
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 = 16.25% (EBIT 102.2m / Capital Employed (Equity 424.2m + L.T.Debt 204.5m))
RoIC = 10.16% (NOPAT 81.2m / Invested Capital 799.3m)
WACC = 11.21% (E(2.97b)/V(3.21b) * Re(11.79%) + D(247.8m)/V(3.21b) * Rd(5.30%) * (1-Tc(0.21)))
Discount Rate = 11.79% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -39.77 | Cagr: -1.42%
[DCF] Terminal Value 69.31% ; FCFF base≈69.5m ; Y1≈79.7m ; Y5≈117.3m
[DCF] Fair Price = 464.6 (EV 1.17b - Net Debt 188.3m = Equity 982.8m / Shares 2.12m; r=11.21% [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=+0.36% | Revisions=+50% | Analysts=2
EPS next Quarter (2026-09-30): EPS=2.21 | Chg30d=-0.23% | Revisions=+50% | Analysts=2
EPS current Year (2026-12-31): EPS=7.61 | Chg30d=-2.97% | Revisions=+50% | GrowthEPS=+12.9% | GrowthRev=+17.1%
EPS next Year (2027-12-31): EPS=9.26 | Chg30d=+14.39% | Revisions=+40% | GrowthEPS=+21.7% | GrowthRev=+7.3%
[Analyst] Revisions Ratio: +79% (up=11, down=0)