(BELFA) Bel Fuse - Overview
Stock: Power Supplies, Circuit Protection, Fiber Optic, RF Connectors, Magnetics
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 0.24% |
| Yield on Cost 5y | 1.70% |
| Yield CAGR 5y | 0.00% |
| Payout Consistency | 85.4% |
| Payout Ratio | 4.9% |
| Risk 5d forecast | |
|---|---|
| Volatility | 56.1% |
| Relative Tail Risk | -13.2% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.92 |
| Alpha | 124.54 |
| Character TTM | |
|---|---|
| Beta | 1.602 |
| Beta Downside | 1.643 |
| Drawdowns 3y | |
|---|---|
| Max DD | 43.43% |
| CAGR/Max DD | 1.77 |
Description: BELFA Bel Fuse January 16, 2026
Bel Fuse Inc. (NASDAQ: BELFA) is a U.S.–based designer, manufacturer, and marketer of electronic-circuit components that “power, protect, and connect” a wide range of devices. The firm organizes its offerings into three product groups-Power Solutions & Protection, Connectivity Solutions, and Magnetic Solutions-serving end-markets such as networking, telecommunications, computing, industrial automation, military/aerospace, transportation, and the fast-growing e-Mobility sector.
According to the most recent 10-K (FY 2023), the company generated roughly **$1.1 billion in revenue** with an **operating margin near 9 %**, and its e-Mobility product line posted a **~15 % year-over-year sales increase**, reflecting accelerating demand for electric-vehicle power-train and charging-infrastructure components. A key macro driver is the **global electronics spend outlook**, projected by IDC to grow at **~5 % CAGR through 2027**, which underpins growth in both data-center and automotive electronics-segments where Bel Fuse’s power-management and high-speed connectivity solutions are positioned.
Bel Fuse reaches customers through a hybrid channel model that combines direct strategic account managers, regional sales teams partnered with independent representatives, and authorized distributors across North America, Europe, and Asia. The firm’s exposure to **5G rollout** and **industrial-IoT adoption** further amplifies demand for its high-frequency RF connectors and low-loss cable assemblies. For a deeper quantitative view, you might explore ValueRay’s analyst platform to assess BELFA’s valuation metrics and peer comparison.
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income: 65.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -9.40 > 1.0 |
| NWC/Revenue: 40.18% < 20% (prev 55.39%; Δ -15.21% < -1%) |
| CFO/TA 0.06 > 3% & CFO 59.4m > Net Income 65.2m |
| Net Debt (191.7m) to EBITDA (133.1m): 1.44 < 3 |
| Current Ratio: 3.06 > 1.5 & < 3 |
| Outstanding Shares: last quarter (12.4m) vs 12m ago -1.48% < -2% |
| Gross Margin: 38.69% > 18% (prev 0.38%; Δ 3831 % > 0.5%) |
| Asset Turnover: 84.49% > 50% (prev 89.82%; Δ -5.34% > 0%) |
| Interest Coverage Ratio: 3.48 > 6 (EBITDA TTM 133.1m / Interest Expense TTM 30.9m) |
Altman Z'' 5.06
| A: 0.27 (Total Current Assets 387.7m - Total Current Liabilities 126.8m) / Total Assets 952.8m |
| B: 0.43 (Retained Earnings 409.4m / Total Assets 952.8m) |
| C: 0.14 (EBIT TTM 107.5m / Avg Total Assets 768.6m) |
| D: 0.88 (Book Value of Equity 391.6m / Total Liabilities 443.8m) |
| Altman-Z'' Score: 5.06 = AAA |
Beneish M -1.87
| DSRI: 1.34 (Receivables 135.1m/81.3m, Revenue 649.4m/524.9m) |
| GMI: 0.97 (GM 38.69% / 37.59%) |
| AQI: 2.22 (AQ_t 0.52 / AQ_t-1 0.23) |
| SGI: 1.24 (Revenue 649.4m / 524.9m) |
| TATA: 0.01 (NI 65.2m - CFO 59.4m) / TA 952.8m) |
| Beneish M-Score: -1.87 (Cap -4..+1) = B |
What is the price of BELFA shares?
Over the past week, the price has changed by +12.02%, over one month by +25.48%, over three months by +47.62% and over the past year by +150.27%.
Is BELFA a buy, sell or hold?
- StrongBuy: 2
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the BELFA price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 110 | -46.6% |
| Analysts Target Price | 110 | -46.6% |
| ValueRay Target Price | 340.3 | 65.3% |
BELFA Fundamental Data Overview February 07, 2026
P/E Forward = 27.7778
P/S = 4.1049
P/B = 5.6374
P/EG = 1.8537
Revenue TTM = 649.4m USD
EBIT TTM = 107.5m USD
EBITDA TTM = 133.1m USD
Long Term Debt = 226.4m USD (from longTermDebt, last quarter)
Short Term Debt = 8.21m USD (from shortTermDebt, last quarter)
Debt = 249.5m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 191.7m USD (from netDebt column, last quarter)
Enterprise Value = 2.86b USD (2.67b + Debt 249.5m - CCE 57.7m)
Interest Coverage Ratio = 3.48 (Ebit TTM 107.5m / Interest Expense TTM 30.9m)
EV/FCF = 64.05x (Enterprise Value 2.86b / FCF TTM 44.6m)
FCF Yield = 1.56% (FCF TTM 44.6m / Enterprise Value 2.86b)
FCF Margin = 6.87% (FCF TTM 44.6m / Revenue TTM 649.4m)
Net Margin = 10.04% (Net Income TTM 65.2m / Revenue TTM 649.4m)
Gross Margin = 38.69% ((Revenue TTM 649.4m - Cost of Revenue TTM 398.1m) / Revenue TTM)
Gross Margin QoQ = 39.75% (prev 38.67%)
Tobins Q-Ratio = 3.00 (Enterprise Value 2.86b / Total Assets 952.8m)
Interest Expense / Debt = 7.99% (Interest Expense 19.9m / Debt 249.5m)
Taxrate = 19.46% (5.45m / 28.0m)
NOPAT = 86.6m (EBIT 107.5m * (1 - 19.46%))
Current Ratio = 3.06 (Total Current Assets 387.7m / Total Current Liabilities 126.8m)
Debt / Equity = 0.58 (Debt 249.5m / totalStockholderEquity, last quarter 427.8m)
Debt / EBITDA = 1.44 (Net Debt 191.7m / EBITDA 133.1m)
Debt / FCF = 4.30 (Net Debt 191.7m / FCF TTM 44.6m)
Total Stockholder Equity = 392.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 8.48% (Net Income 65.2m / Total Assets 952.8m)
RoE = 16.61% (Net Income TTM 65.2m / Total Stockholder Equity 392.5m)
RoCE = 17.36% (EBIT 107.5m / Capital Employed (Equity 392.5m + L.T.Debt 226.4m))
RoIC = 13.18% (NOPAT 86.6m / Invested Capital 656.8m)
WACC = 11.36% (E(2.67b)/V(2.92b) * Re(11.82%) + D(249.5m)/V(2.92b) * Rd(7.99%) * (1-Tc(0.19)))
Discount Rate = 11.82% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.60%
[DCF Debug] Terminal Value 63.94% ; FCFF base≈59.7m ; Y1≈52.1m ; Y5≈42.1m
Fair Price DCF = 130.3 (EV 467.2m - Net Debt 191.7m = Equity 275.5m / Shares 2.12m; r=11.36% [WACC]; 5y FCF grow -15.51% → 2.90% )
EPS Correlation: -8.27 | EPS CAGR: -30.42% | SUE: -4.0 | # QB: 0
Revenue Correlation: -9.27 | Revenue CAGR: 5.36% | SUE: 0.67 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.34 | Chg30d=+0.000 | Revisions Net=+0 | Analysts=2
EPS next Year (2026-12-31): EPS=6.68 | Chg30d=+0.020 | Revisions Net=+1 | Growth EPS=+3.6% | Growth Revenue=+6.7%