BELFB Stock Analysis: Bel Fuse | NASDAQ
Electronic Components | NASDAQ, USA | Market Cap: 3.880m USD | 12M Return: 113.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 83.7M
EPS Trend: -11.2%
Qual. Beats: 0
Rev. Trend: 5.0%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 10.5 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.
Bel Fuse Inc. designs, manufactures, and markets components that power, protect, and connect electronic circuits, operating through three product groups: Power Solutions and Protection, Connectivity Solutions, and Magnetic Solutions. The company serves a diverse range of end markets including networking, telecommunications, computing, industrial, aerospace, defense, transportation, and e-Mobility, giving it broad exposure across both commercial and cyclical sectors.
Its product portfolio spans front-end and board-mount power supplies, circuit protection devices, fiber optic and copper-based connectors, RF and microwave components, as well as power transformers, inductors, and integrated connector modules. The company distributes its products globally through a combination of direct account managers, independent sales representatives, and authorized distributors across North America, Europe, the Middle East, and Asia.
As an electronic components manufacturer classified within the GICS Information Technology sector, Bel Fuse operates as a B2B supplier selling primarily to OEMs and system integrators rather than directly to end consumers, with product demand tied to capital spending and electronics content growth across its served industries. The company was incorporated in 1949 and is headquartered in West Orange, New Jersey.
- Defense and aerospace demand boosts power protection segment
- Data center capex drives high-speed connectivity product orders
- Industrial cycle weakness pressures magnetic solutions margins
| 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) |
| 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 |
| 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 |
As of July 28, 2026, the stock is trading at USD 270.26 with a total of 274,550 shares traded. Over the past week, the price has changed by +1.56%, over one month by -14.36%, over three months by +7.72% and over the past year by +113.52%.
Current recommended Stop Loss: 235.70 (which is 12.8% or 2 ATR below the current price).
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 | 320.6 | 18.6% |
P/E Trailing = 65.7349
P/E Forward = 33.8983
P/S = 5.5293
P/B = 8.8393
P/EG = 2.262
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 = 4.07b USD (3.88b + Debt 247.8m - CCE 59.4m)
Interest Coverage Ratio = 7.78 (Ebit TTM 102.2m / Interest Expense TTM 13.1m)
EV/FCF = 54.65x (Enterprise Value 4.07b / FCF TTM 74.4m)
FCF Yield = 1.83% (FCF TTM 74.4m / Enterprise Value 4.07b)
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 = 4.27 (Enterprise Value 4.07b / 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 = 11.29% (E(3.88b)/V(4.13b) * Re(11.74%) + D(247.8m)/V(4.13b) * Rd(5.30%) * (1-Tc(0.21)))
Discount Rate = 11.74% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -39.77 | Cagr: -1.42%
[DCF] Terminal Value 69.08% ; FCFF base≈69.5m ; Y1≈79.7m ; Y5≈117.3m
[DCF] Fair Price = 80.24 (EV 1.16b - Net Debt 188.3m = Equity 971.4m / Shares 12.1m; r=11.29% [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=2.39 | Chg30d=-0.89% | Revisions=+62% | Analysts=8
EPS next Quarter (2026-09-30): EPS=2.34 | Chg30d=-2.22% | Revisions=+62% | Analysts=8
EPS current Year (2026-12-31): EPS=8.58 | Chg30d=-0.70% | Revisions=+62% | GrowthEPS=+20.8% | GrowthRev=+17.1%
EPS next Year (2027-12-31): EPS=9.84 | Chg30d=-2.88% | Revisions=+57% | GrowthEPS=+14.7% | GrowthRev=+7.3%
[Analyst] Revisions Ratio: +86% (up=19, down=0)