View Past PerformanceBel Fuse バランスシートの健全性財務の健全性 基準チェック /66Bel Fuseの総株主資本は$535.7M 、総負債は$204.5Mで、負債比率は38.2%となります。総資産と総負債はそれぞれ$951.9Mと$416.2Mです。 Bel Fuseの EBIT は$109.1Mで、利息カバレッジ比率8.9です。現金および短期投資は$59.4Mです。主要情報38.17%負債資本比率US$204.50m負債インタレスト・カバレッジ・レシオ8.9x現金US$59.45mエクイティUS$535.71m負債合計US$416.21m総資産US$951.92m財務の健全性に関する最新情報分析記事 • Oct 18These 4 Measures Indicate That Bel Fuse (NASDAQ:BELF.A) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...分析記事 • Jan 18Is Bel Fuse (NASDAQ:BELF.A) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...すべての更新を表示Recent updatesライブニュース • 1hBel Fuse Prices US$399 Million Offering to Acquire Enercon Stake and Repay DebtBel Fuse priced an upsized underwritten public offering of 1.5 million Class B common shares at US$266.00 per share. Underwriters have an option to buy an additional 225,000 shares, with closing expected on 15 May 2026 subject to standard conditions. The company plans to use the net proceeds to repay debt, buy the remaining 20% of Enercon Technologies, Ltd., and fund potential acquisitions, partnerships, and general corporate needs, while the stock fell 4.3% following the announcement, reflecting dilution concerns. The key trade-off here is short-term dilution and a negative share price reaction versus gaining full ownership of Enercon Technologies and reducing debt. If you are following the stock, it is worth weighing how comfortable you are with equity issuance to fund acquisitions and balance sheet changes, and how important full control of Enercon and a lower debt load are to your thesis.お知らせ • May 15Bel Fuse Inc. has completed a Follow-on Equity Offering in the amount of $399 million.Bel Fuse Inc. has completed a Follow-on Equity Offering in the amount of $399 million. Security Name: Class B Common Stock Security Type: Common Stock Securities Offered: 1,500,000 Price\Range: $266 Discount Per Security: $9.975お知らせ • May 14Bel Fuse Inc. has filed a Follow-on Equity Offering.Bel Fuse Inc. has filed a Follow-on Equity Offering. Security Name: Class B Common Stock Security Type: Common Stock Securities Offered: 1,300,000ナラティブの更新 • May 06BELF.A: AI And Defense Demand Will Drive The Next Upside ChapterNarrative Update on Bel Fuse The analyst price target for Bel Fuse has been revised from $110 to $322 as analysts update their assumptions on long term revenue growth, profit margins, and future P/E. This follows a series of price target increases and bullish research calls across the Street.お知らせ • May 02Bel Fuse Inc. Provides Earnings Guidance for the Second Quarter of 2026Bel Fuse Inc. provided earnings guidance for the second quarter of 2026. For the quarter, the company expects to have a strong second quarter, guiding sales of $195 million to $215 million with gross margin of 38%-40%, supported by robust bookings and higher demand from defense, commercial air, space, and data solutions customers.お知らせ • Apr 16Bel Fuse Inc. to Report Q1, 2026 Results on Apr 29, 2026Bel Fuse Inc. announced that they will report Q1, 2026 results After-Market on Apr 29, 2026お知らせ • Apr 13Bel Fuse Inc., Annual General Meeting, May 26, 2026Bel Fuse Inc., Annual General Meeting, May 26, 2026.お知らせ • Mar 31+ 1 more updateBel Fuse Inc. Announces Strategic Realignment Of Business Units To Accelerate Growth And InnovationBel Fuse Inc. announced a strategic realignment of its business units. This transformation is purposefully designed to deliver holistic solutions that address the customers’ evolving needs. By transitioning from a product-centric to an end-market-centric organization, the company is sharpening the market focus, accelerating innovation, and elevating customer engagement across Bel Fuse Inc.'s key end markets. Bel Fuse Inc. will operate through two focused business units organized by end market: The Aerospace, Defense & Rugged Solutions business unit incorporates the previous Connectivity Solutions and Enercon businesses. This unit is dedicated to delivering innovative solutions for aerospace, defense, space, oil and gas, outdoor broadcasting, agriculture and other rugged environment applications. By bringing together these legacy units, Bel Fuse Inc. will continue to build on its tradition of excellence and innovation for customers operating in mission-critical environments, while providing product-agnostic access to Bel Fuse Inc.'s entire portfolio. The Industrial Technology & Data Solutions business unit integrates the pre-Enercon Power Solutions and Protection and Magnetic Solutions business units. This consolidation is focused on serving the industrial, medical, semiconductor, transportation, and data solutions end markets. By combining these legacy units, the new business unit is positioned to address demanding performance and reliability requirements across a wider range of applications, while enabling customers in these markets to access all Bel Fuse Inc. products without restriction. This transformation not only aligns Bel Fuse Inc.'s resources and expertise with key end markets, but also ensures that all customers—regardless of industry—can benefit from Bel Fuse Inc.'s complete range of technologies and solutions.Recent Insider Transactions Derivative • Mar 16Non-Executive Chairman of the Board notifies of intention to sell stockDaniel Bernstein intends to sell 7k shares in the next 90 days after lodging an Intent To Sell Form on the 16th of March. If the sale is conducted around the recent share price of US$202, it would amount to US$1.3m. Since June 2025, Daniel's direct individual holding has decreased from 418.54k shares to 415.28k. There has only been one transaction (US$670k sale) from insiders over the last 12 months.Valuation Update With 7 Day Price Move • Mar 06Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to US$173, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 21x in the Electronic industry in the US. Total returns to shareholders of 414% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$203 per share.Recent Insider Transactions • Mar 05President recently sold US$670k worth of stockOn the 25th of February, Farouq Tuweiq sold around 3k shares on-market at roughly US$216 per share. This transaction amounted to 68% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Farouq's only on-market trade for the last 12 months.Recent Insider Transactions Derivative • Feb 26President notifies of intention to sell stockFarouq Tuweiq intends to sell 26k shares in the next 90 days after lodging an Intent To Sell Form on the 25th of February. If the sale is conducted around the recent share price of US$236, it would amount to US$6.1m. For the year to December 2021, Farouq's total compensation was 39% salary and 61% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Farouq has owned 66.19k shares directly. There have been no trades via on-market transactions or options from company insiders in the last 12 months.Declared Dividend • Feb 25Fourth quarter dividend of US$0.06 announcedDividend of US$0.06 is the same as last year. Ex-date: 15th April 2026 Payment date: 1st May 2026 Dividend yield will be 0.1%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 5%. Cash payout ratio: 4%.お知らせ • Feb 21Bel Fuse Inc. Announces Regular Quarterly Cash Dividend on Its Class A and Class B Shares, Payable on May 1, 2026Bel Fuse Inc. announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B common shares. Cash dividends for Class A and Class B common shares are payable on May 1, 2026 to shareholders of record on April 15, 2026.Reported Earnings • Feb 18Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: US$4.87 (up from US$3.25 in FY 2024). Revenue: US$675.5m (up 26% from FY 2024). Net income: US$61.5m (up 50% from FY 2024). Profit margin: 9.1% (up from 7.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 25%. Revenue is forecast to grow 6.4% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in the US. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 71% per year, which means it is well ahead of earnings.お知らせ • Feb 18Bel Fuse Inc. Provides Earnings Guidance for the First Quarter of 2026Bel Fuse Inc. provided earnings guidance for the first quarter of 2026. For the quarter, the company estimates net sales of $165 million to $180 million.Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$221, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 22x in the Electronic industry in the US. Total returns to shareholders of 438% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$168 per share.お知らせ • Feb 05Bel Fuse Inc. to Report Q4, 2025 Results on Feb 17, 2026Bel Fuse Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Feb 17, 2026Buy Or Sell Opportunity • Feb 02Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 47% to US$198. The fair value is estimated to be US$163, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.5% over the last 3 years. Earnings per share has declined by 4.4%. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 30% in the next 2 years.分析記事 • Jan 17Investors Appear Satisfied With Bel Fuse Inc.'s (NASDAQ:BELF.A) Prospects As Shares Rocket 28%Despite an already strong run, Bel Fuse Inc. ( NASDAQ:BELF.A ) shares have been powering on, with a gain of 28% in the...お知らせ • Jan 16+ 1 more updateBel Fuse Inc. Announce the Appointment of Tom Smelker as President of Connectivity Solutions, Effective January 26, 2026Bel Fuse Inc. announced the appointment of Tom Smelker as President of Connectivity Solutions, effective January 26, 2026. Tom Smelker joins Bel with a distinguished background in the aerospace and defense sectors, bringing over two decades of experience driving operational transformation and business growth. Most recently, Tom served as Senior Vice President and General Manager at Mercury Systems, where he successfully managed an extensive $400+ million P&L across ten sites. Under his leadership, his P&L achieved a remarkable turnaround, improving profitability and repositioning key product lines into top-performing units. Prior to Mercury Systems, Tom spent 19 years at Raytheon, where he advanced to Senior Fellow in Secure Processing and launched a secure systems business and product capabilities in advanced microelectronics, collaborating with and delivering to the U.S. Department of Defense and Tier-1 primes. Tom’s expertise encompasses ruggedized computing, RF systems, secure microelectronics, and space technologies for both defense and commercial air applications—areas closely aligned with Bel’s strategic priorities. With proven P&L leadership at scale, extensive growth experience, and global multi-site operational oversight, Tom is uniquely equipped to lead Bel’s Connectivity Solutions business unit. His deep technical fluency in aerospace and defense, expertise in secure systems, mission computing, and compliance (ITAR, CMMC), combined with a hands-on, urgency-driven leadership style, position him to drive transformational growth and innovation at Bel.Upcoming Dividend • Jan 08Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 15 January 2026. Payment date: 30 January 2026. Payout ratio is a comfortable 4.6% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (1.0%).分析記事 • Jan 01Estimating The Intrinsic Value Of Bel Fuse Inc. (NASDAQ:BELF.A)Key Insights Bel Fuse's estimated fair value is US$160 based on 2 Stage Free Cash Flow to Equity With US$152 share...Recent Insider Transactions Derivative • Nov 19Non-Executive Chairman of the Board notifies of intention to sell stockDaniel Bernstein intends to sell 3k shares in the next 90 days after lodging an Intent To Sell Form on the 17th of November. If the sale is conducted around the recent share price of US$148, it would amount to US$443k. Since December 2024, Daniel's direct individual holding has increased from 416.03k shares to 418.28k. There have been no trades via on-market transactions or options from company insiders in the last 12 months.Valuation Update With 7 Day Price Move • Nov 17Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to US$116, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 18x in the Electronic industry in the US. Total returns to shareholders of 234% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$159 per share.Buy Or Sell Opportunity • Nov 14Now 23% undervaluedOver the last 90 days, the stock has risen 9.4% to US$123. The fair value is estimated to be US$159, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.5% over the last 3 years. Earnings per share has declined by 4.4%. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 29% in the next 2 years.分析記事 • Nov 11Earnings Tell The Story For Bel Fuse Inc. (NASDAQ:BELF.A) As Its Stock Soars 29%Bel Fuse Inc. ( NASDAQ:BELF.A ) shareholders would be excited to see that the share price has had a great month...Declared Dividend • Nov 03Dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 15th January 2026 Payment date: 30th January 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 5%. Cash payout ratio: 7%.お知らせ • Nov 01Bel Fuse Inc. Announces Regular Quarterly Cash Dividend on Its Class A and Class B Shares, Payable January 30, 2026BEL FUSE INC. announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B common shares. Cash dividends for Class A and Class B common shares are payable on January 30, 2026 to shareholders of record on January 15, 2026.Reported Earnings • Oct 30Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: US$1.76 (up from US$0.64 in 3Q 2024). Revenue: US$179.0m (up 45% from 3Q 2024). Net income: US$22.3m (up 175% from 3Q 2024). Profit margin: 12% (up from 6.5% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) also surpassed analyst estimates by 35%. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Electronic industry in the US. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 61% per year, which means it is well ahead of earnings.分析記事 • Oct 18These 4 Measures Indicate That Bel Fuse (NASDAQ:BELF.A) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...お知らせ • Oct 09Bel Fuse Inc. to Report Q3, 2025 Results on Oct 29, 2025Bel Fuse Inc. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Oct 29, 2025Upcoming Dividend • Oct 08Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 15 October 2025. Payment date: 31 October 2025. Payout ratio is a comfortable 5.9% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (0.9%).Buy Or Sell Opportunity • Sep 12Now 22% undervaluedOver the last 90 days, the stock has risen 51% to US$118. The fair value is estimated to be US$151, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.2% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 14% in a year. Earnings are forecast to grow by 44% in the next year.分析記事 • Aug 29What Is Bel Fuse Inc.'s (NASDAQ:BELF.A) Share Price Doing?Bel Fuse Inc. ( NASDAQ:BELF.A ), is not the largest company out there, but it received a lot of attention from a...分析記事 • Aug 08Investors Appear Satisfied With Bel Fuse Inc.'s (NASDAQ:BELF.A) Prospects As Shares Rocket 26%Bel Fuse Inc. ( NASDAQ:BELF.A ) shares have continued their recent momentum with a 26% gain in the last month alone...Declared Dividend • Aug 04Dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 15th October 2025 Payment date: 31st October 2025 Dividend yield will be 0.2%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 6%. Cash payout ratio: 6%.Valuation Update With 7 Day Price Move • Jul 31Investor sentiment improves as stock rises 25%After last week's 25% share price gain to US$115, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 18x in the Electronic industry in the US. Total returns to shareholders of 306% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$162 per share.お知らせ • Jul 31BEL FUSE Inc. Declares Regular Quarterly Cash Dividend on Class A and Class B Shares, Payable on October 31, 2025BEL FUSE INC. announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B common shares. Cash dividends for Class A and Class B common shares are payable on October 31, 2025 to shareholders of record on October 15, 2025.Reported Earnings • Jul 25Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$2.12 (up from US$1.49 in 2Q 2024). Revenue: US$168.3m (up 26% from 2Q 2024). Net income: US$26.9m (up 43% from 2Q 2024). Profit margin: 16% (up from 14% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 102%. Revenue is forecast to grow 7.1% p.a. on average during the next 2 years, compared to a 7.9% growth forecast for the Electronic industry in the US. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 55% per year, which means it is well ahead of earnings.お知らせ • Jul 25Bel Fuse Inc. Provides Earnings Guidance for Third Quarter of 2025Bel Fuse Inc. provided earnings guidance for third quarter of 2025. For Q3, based on information available, The company anticipates net sales of $165 million to $180 million.お知らせ • Jul 11Bel Fuse Inc. to Report Q2, 2025 Results on Jul 24, 2025Bel Fuse Inc. announced that they will report Q2, 2025 results After-Market on Jul 24, 2025分析記事 • Jul 10Is There An Opportunity With Bel Fuse Inc.'s (NASDAQ:BELF.A) 38% Undervaluation?Key Insights Using the 2 Stage Free Cash Flow to Equity, Bel Fuse fair value estimate is US$151 Bel Fuse is estimated...Upcoming Dividend • Jul 08Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 15 July 2025. Payment date: 01 August 2025. Payout ratio is a comfortable 7.0% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (1.1%).分析記事 • Jun 24After Leaping 32% Bel Fuse Inc. (NASDAQ:BELF.A) Shares Are Not Flying Under The RadarBel Fuse Inc. ( NASDAQ:BELF.A ) shareholders would be excited to see that the share price has had a great month...Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$76.00, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 18x in the Electronic industry in the US. Total returns to shareholders of 252% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$140 per share.お知らせ • May 29+ 1 more updateBel Fuse Inc. Appoints Lynn Hutkin as Treasurer and Secretary, Effective May 27, 2025Bel Fuse Inc. appointed Lynn Hutkin (who prior to the Effective Time served as Bel’s Vice President of Financial Reporting and Investor Relations, principal accounting officer and Secretary), became Bel’s CFO (principal financial officer), Principal Accounting Officer, Treasurer and Secretary, effective immediately following the 2025 Annual Meeting on May 27, 2025.分析記事 • May 16Is It Time To Consider Buying Bel Fuse Inc. (NASDAQ:BELF.A)?Bel Fuse Inc. ( NASDAQ:BELF.A ), might not be a large cap stock, but it received a lot of attention from a substantial...Valuation Update With 7 Day Price Move • May 13Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$72.65, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Electronic industry in the US. Total returns to shareholders of 245% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$143 per share.Declared Dividend • May 02Dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 15th July 2025 Payment date: 1st August 2025 Dividend yield will be 0.4%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 7%. Cash payout ratio: 5%.Recent Insider Transactions Derivative • May 01President notifies of intention to sell stockDaniel Bernstein intends to sell 7k shares in the next 90 days after lodging an Intent To Sell Form on the 30th of April. If the sale is conducted around the recent share price of US$65.82, it would amount to US$438k. For the year to December 2018, Daniel's total compensation was 30% salary and 70% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Daniel's direct individual holding has increased from 416.03k shares to 425.16k. There have been no trades via on-market transactions or options from company insiders in the last 12 months.分析記事 • May 01Bel Fuse's (NASDAQ:BELF.A) Soft Earnings Don't Show The Whole PictureSoft earnings didn't appear to concern Bel Fuse Inc.'s ( NASDAQ:BELF.A ) shareholders over the last week. We think that...お知らせ • Apr 29Bel Fuse Inc. Declares Regular Quarterly Cash Dividend on Class A and Class B Shares, Payable on August 1, 2025BEL FUSE INC announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B common shares. Cash dividends for Class A and Class B common shares are payable on August 1, 2025 to shareholders of record on July 15, 2025.Reported Earnings • Apr 25First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: US$1.42 (up from US$1.25 in 1Q 2024). Revenue: US$152.2m (up 19% from 1Q 2024). Net income: US$17.9m (up 13% from 1Q 2024). Profit margin: 12% (in line with 1Q 2024). Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 65%. Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Electronic industry in the US. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 25Bel Fuse Inc. Provides Earnings Guidance for the Second Quarter of 2025Bel Fuse Inc. provided earnings guidance for the second quarter of 2025. GAAP net sales in the second quarter of 2025 are projected to be in the range of $145 to $155 million, with gross margin in the range of 37% to 39%.お知らせ • Apr 14Bel Fuse Inc., Annual General Meeting, May 27, 2025Bel Fuse Inc., Annual General Meeting, May 27, 2025.お知らせ • Apr 12Bel Fuse Inc. to Report Q1, 2025 Results on Apr 24, 2025Bel Fuse Inc. announced that they will report Q1, 2025 results After-Market on Apr 24, 2025Upcoming Dividend • Apr 08Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 15 April 2025. Payment date: 01 May 2025. Payout ratio is a comfortable 7.4% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of American dividend payers (5.1%). Lower than average of industry peers (1.6%).分析記事 • Apr 04Bel Fuse Inc.'s (NASDAQ:BELF.A) P/E Is On The MarkWith a price-to-earnings (or "P/E") ratio of 19.6x Bel Fuse Inc. ( NASDAQ:BELF.A ) may be sending bearish signals at...Valuation Update With 7 Day Price Move • Apr 03Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to US$63.99, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 17x in the Electronic industry in the US. Total returns to shareholders of 210% over the past three years.Reported Earnings • Mar 03Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: US$3.25 (down from US$5.78 in FY 2023). Revenue: US$534.8m (down 16% from FY 2023). Net income: US$41.0m (down 45% from FY 2023). Profit margin: 7.7% (down from 12% in FY 2023). Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) missed analyst estimates by 23%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Electronic industry in the US. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Mar 03New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (51% net debt to equity). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.7% net profit margin).Declared Dividend • Feb 21Fourth quarter dividend of US$0.06 announcedDividend of US$0.06 is the same as last year. Ex-date: 15th April 2025 Payment date: 1st May 2025 Dividend yield will be 0.3%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 7%. Cash payout ratio: 5%.New Risk • Feb 19New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 49% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (49% net debt to equity). Profit margins are more than 30% lower than last year (7.7% net profit margin).お知らせ • Feb 19Bel Fuse Inc. Announces Regular Quarterly Cash Dividend on Its Class A and Class B Shares, Payable on May 1, 2025Bel Fuse Inc. announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B common shares. Cash dividends for Class A and Class B common shares are payable on May 1, 2025 to shareholders of record on April 15, 2025.お知らせ • Feb 06Farouq Tuweiq to Vacate His Role as Chief Financial Officer of Bel Fuse IncBel Fuse Inc. announced that Farouq Tuweiq will vacate his current role as Chief Financial Officer on 2025 Annual Meeting of Shareholders to be held on May 27, 2025, with the Board having initiated a search process to identify a successor CFO for the Company. Tuweiq joined Bel in 2021 as the Company’s Chief Financial Officer. During the past four years, he has been instrumental in transforming Bel’s corporate strategy and financial discipline which have been strong drivers in leading to Bel’s record performance. From his start, Tuweiq has been a strategic partner with Bernstein and the executive team, capitalizing on the solid foundation of Bel’s quality products and customer base that Bernstein has built over the years.お知らせ • Feb 05Bel Fuse Inc. Announces Chief Executive Officer Changes, Effective May 27, 2025The Board of Directors of Bel Fuse Inc. announced an upcoming transition in the Chief Executive Officer position at Bel. After 24 years as Bel’s Chief Executive Officer and 46 total years of service at the Company, Daniel Bernstein will step down as Chief Executive Officer effective immediately following Bel’s 2025 Annual Meeting of Shareholders, currently scheduled for May 27, 2025. Bernstein will transition to the role of Non-Executive Chairman of the Board of Directors on that same date. As part of the leadership change, Bel’s Board of Directors has appointed Farouq Tuweiq to serve as the Company’s next Chief Executive Officer, effective immediately following Bel’s 2025 Annual Meeting of Shareholders. On May 27, 2025, Tuweiq will become Bel’s President and CEO. Tuweiq joined Bel in 2021 as the Company’s Chief Financial Officer. During the past four years, he has been instrumental in transforming Bel’s corporate strategy and financial discipline which have been strong drivers in leading to Bel’s record performance. From his start, Tuweiq has been a strategic partner with Bernstein and the executive team, capitalizing on the solid foundation of Bel’s quality products and customer base that Bernstein has built over the years.お知らせ • Feb 04Bel Fuse Inc. Announces Executive ChangesThe Board of Directors of Bel Fuse Inc. announced an upcoming transition in the Chief Executive Officer position at Bel. After 24 years as Bel’s Chief Executive Officer and 46 total years of service at the Company, Daniel Bernstein will step down as President effective immediately following Bel’s 2025 Annual Meeting of Shareholders, currently scheduled for May 27, 2025. Bernstein will transition to the role of Non-Executive Chairman of the Board of Directors on that same date. As part of the leadership change, Bel’s Board of Directors has appointed Farouq Tuweiq to serve as the Company’s next President, effective immediately following Bel’s 2025 Annual Meeting of Shareholders. The Board of Directors has also approved the expansion of Bel’s Board to ten directors and appointed Tuweiq as a director on Bel’s Board, with such expansion and appointment to be effective on the date of Bel’s annual shareholder meeting scheduled for May 27, 2025. On May 27, 2025, Tuweiq will become Bel’s President. Tuweiq joined Bel in 2021 as the Company’s Chief Financial Officer. During the past four years, he has been instrumental in transforming Bel’s corporate strategy and financial discipline which have been strong drivers in leading to Bel’s record performance. From his start, Tuweiq has been a strategic partner with Bernstein and the executive team, capitalizing on the solid foundation of Bel’s quality products and customer base that Bernstein has built over the years.お知らせ • Feb 03Bel Fuse Inc. to Report Q4, 2024 Results on Feb 18, 2025Bel Fuse Inc. announced that they will report Q4, 2024 results After-Market on Feb 18, 2025分析記事 • Jan 18Is Bel Fuse (NASDAQ:BELF.A) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Upcoming Dividend • Jan 08Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 15 January 2025. Payment date: 31 January 2025. Payout ratio is a comfortable 5.5% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (1.3%).分析記事 • Jan 03Investor Optimism Abounds Bel Fuse Inc. (NASDAQ:BELF.A) But Growth Is LackingBel Fuse Inc.'s ( NASDAQ:BELF.A ) price-to-earnings (or "P/E") ratio of 20.3x might make it look like a sell right now...お知らせ • Nov 14Bel Fuse Inc. (NasdaqGS:BELF.A) completed the acquisition of 80% stake in Enercon Technologies, Ltd. from Fortissimo fund managed by Fortissimo Capital Management Ltd.Bel Fuse Inc. (NasdaqGS:BELF.A) entered into a definitive agreement to acquire 80% stake in Enercon Technologies, Ltd. from Fortissimo fund managed by Fortissimo Capital Management Ltd. for $330 million on September 18, 2024. The consideration consists of $320 million in cash, which is subject to customary adjustments, and $10 million in earnout related payments for the 2025-2026 period. The transaction also includes the intent to purchase the remaining 20% in Enercon Technologies by early 2027 based on future EBITDA performance. The transaction will be financed through a combination of cash on hand and an expansion of its existing credit facility. KeyBank National Association, Bank of America, N.A, PNC Bank, National Association, BMO Bank N.A. and HSBC Bank USA, National Association provided the loan for financing the transaction. Shmoulik Barashi and Yochai Hacohen, both Enercon board members and partners at Fortissimo Capital will continue to be members of the Enercon board post transaction. The transaction is subject to customary closing conditions, including applicable regulatory approvals and is expected to close by the end of 2024. Evercore Inc. acted as financial advisor to Bel Fuse Inc. Citigroup Inc. acted as financial advisor to Enercon Technologies, Ltd. White & Case LLP acted as legal advisor to Bel Fuse Inc. Meitar Liquornik Geva Leshem Tal & Co acted as legal advisor to Bel Fuse Inc. Gornitzky & Co. acted as legal advisor to Enercon Technologies, Ltd. Needham & Company, LLC acted as fairness opinion provider to the board of directors of Bel Fuse Inc. Chaim Friedland, Assaf Harel, Nir Knoll of Gornitzky & Co. acted as legal advisor to Fortissimo fund in the sale of 80% of its holdings in Enercon to Bel Fuse. Bel Fuse Inc. (NasdaqGS:BELF.A) completed the acquisition of 80% stake in Enercon Technologies, Ltd. from Fortissimo fund managed by Fortissimo Capital Management Ltd. on November 14, 2024.Declared Dividend • Nov 03Dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 15th January 2025 Payment date: 31st January 2025 Dividend yield will be 0.2%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 6%. Cash payout ratio: 4%.Board Change • Nov 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. Independent Director David Valletta was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 24Third quarter 2024 earnings released: EPS: US$0.64 (vs US$1.52 in 3Q 2023)Third quarter 2024 results: EPS: US$0.64 (down from US$1.52 in 3Q 2023). Revenue: US$123.6m (down 22% from 3Q 2023). Net income: US$8.08m (down 59% from 3Q 2023). Profit margin: 6.5% (down from 12% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Electronic industry in the US. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 98% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 24Bel Fuse Inc. Provides Earnings Guidance for the Fourth Quarter of 2024Bel Fuse Inc. provided earnings guidance for the fourth quarter of 2024. For the fourth quarter of 2024, The company expects GAAP net sales in the range of $117 million to $125 million.Buy Or Sell Opportunity • Oct 23Now 20% undervaluedOver the last 90 days, the stock has risen 14% to US$102. The fair value is estimated to be US$128, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last 3 years. Earnings per share has grown by 41%. Revenue is forecast to decline by 4.7% in a year. Earnings are forecast to decline by 10.0% in the next year.分析記事 • Oct 15Should You Think About Buying Bel Fuse Inc. (NASDAQ:BELF.A) Now?Bel Fuse Inc. ( NASDAQ:BELF.A ), is not the largest company out there, but it led the NASDAQGS gainers with a...お知らせ • Oct 15Bel Fuse Inc. Announces the Appointment of Umasankar Pingali as Global Head of Sales and MarketingBel Fuse Inc. announced its appointment of Uma Pingali as Global Head of Sales and Marketing, a newly created role. With over 30 years of management experience in global sales, marketing, business development within the electronic industry, Uma is uniquely positioned to lead and accelerate Bel’s sales and marketing organizations. His experience with integrating various sales teams that have joined via acquisitions will be very helpful for Bel with the company's history of acquisitions. Uma started his career in India and has lived and led sales organizations there and in Singapore, China, Hong Kong and the U.S. In his most recent role as President of Global Sales at Farnell, based in Chicago, Uma managed a team of 600+ people in driving a $1.6 billion global sales organization.お知らせ • Oct 10Bel Fuse Inc. to Report Q3, 2024 Results on Oct 23, 2024Bel Fuse Inc. announced that they will report Q3, 2024 results After-Market on Oct 23, 2024Upcoming Dividend • Oct 08Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 15 October 2024. Payment date: 01 November 2024. Payout ratio is a comfortable 4.6% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (1.3%).Buy Or Sell Opportunity • Oct 03Now 21% undervaluedOver the last 90 days, the stock has risen 27% to US$101. The fair value is estimated to be US$129, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last 3 years. Earnings per share has grown by 41%. Revenue is forecast to decline by 4.7% in a year. Earnings are forecast to decline by 10.0% in the next year.新しいナラティブ • Sep 24Challenging Market Dynamics And Decisive Shifts Risk Company's Revenue And Margin Growth Anticipated downturn in sales due to challenging demand and conservative Q3 '24 sales guidance tied to trade restrictions impacting margins.Valuation Update With 7 Day Price Move • Sep 19Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$102, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 15x in the Electronic industry in the US. Total returns to shareholders of 629% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$128 per share.お知らせ • Sep 19Bel Fuse Inc. (NasdaqGS:BELF.A) entered into a definitive agreement to acquire 80% stake in Enercon Technologies, Ltd. from Fortissimo Capital Management Ltd. for $330 million.Bel Fuse Inc. (NasdaqGS:BELF.A) entered into a definitive agreement to acquire 80% stake in Enercon Technologies, Ltd. from Fortissimo Capital Management Ltd. for $330 million on September 18, 2024. The consideration consists of $320 million in cash, which is subject to customary adjustments, and $10 million in earnout related payments for the 2025-2026 period. The transaction also includes the intent to purchase the remaining 20% in Enercon Technologies by early 2027 based on future EBITDA performance. The transaction will be financed through a combination of cash on hand and an expansion of its existing credit facility. Shmoulik Barashi and Yochai Hacohen, both Enercon board members and partners at Fortissimo Capital will continue to be members of the Enercon board post transaction. The transaction is subject to customary closing conditions, including applicable regulatory approvals and is expected to close by the end of 2024. Evercore Inc. acted as financial advisor to Bel Fuse Inc. Citigroup Inc. acted as financial advisor to Enercon Technologies, Ltd. White & Case LLP acted as legal advisor to Bel Fuse Inc. Meitar Liquornik Geva Leshem Tal & Co acted as legal advisor to Bel Fuse Inc. Gornitzky & Co. acted as legal advisor to Enercon Technologies, Ltd. Needham & Company, LLC acted as fairness opinion provider to the board of directors of Bel Fuse Inc.分析記事 • Aug 08Some Investors May Be Willing To Look Past Bel Fuse's (NASDAQ:BELF.A) Soft EarningsThe market was pleased with the recent earnings report from Bel Fuse Inc. ( NASDAQ:BELF.A ), despite the profit numbers...Declared Dividend • Aug 05Dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 15th October 2024 Payment date: 1st November 2024 Dividend yield will be 0.3%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 5%. Cash payout ratio: 3%.お知らせ • Aug 02Bel Fuse Inc. Announces Regular Quarterly Cash Dividend on its Class A and Class B Shares, Payable on November 1, 2024BEL FUSE INC announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B common shares. Cash dividends for Class A and Class B common shares are payable on November 1, 2024 to shareholders of record on October 15, 2024.分析記事 • Jul 27Results: Bel Fuse Inc. Exceeded Expectations And The Consensus Has Updated Its EstimatesBel Fuse Inc. ( NASDAQ:BELF.A ) just released its latest second-quarter results and things are looking bullish. The...New Risk • Jul 26New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Reported Earnings • Jul 25Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: US$1.48 (down from US$2.17 in 2Q 2023). Revenue: US$133.2m (down 21% from 2Q 2023). Net income: US$18.8m (down 32% from 2Q 2023). Profit margin: 14% (down from 17% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 61%. Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Electronic industry in the US. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 89% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jul 11Bel Fuse Inc. to Report Q2, 2024 Results on Jul 24, 2024Bel Fuse Inc. announced that they will report Q2, 2024 results After-Market on Jul 24, 2024Upcoming Dividend • Jul 08Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 15 July 2024. Payment date: 01 August 2024. Payout ratio is a comfortable 4.1% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of American dividend payers (4.8%). Lower than average of industry peers (1.2%).お知らせ • Jul 03Bel Fuse Inc.(NasdaqGS:BELF.B) dropped from Russell Small Cap Comp Growth IndexBel Fuse Inc.(NasdaqGS:BELF.B) dropped from Russell Small Cap Comp Growth Indexお知らせ • Jul 02Bel Fuse Inc. Announces Executive ChangesBel Fuse Inc. confirmed consistent with prior announcements that Dennis Ackerman will retire from the Company effective July 31, 2024 after 37 years of service, having served as President of Bel Power Solutions and Protection since 2014. As previously announced, Steve Dawson, who most recently served as Vice President of Marketing and Business Development for the Power segment, has been named to succeed Mr. Ackerman. His appointment as the new President of Bel Power Solutions and Protection is effective July 1, 2024. Mr. Ackerman joined Bel in 1986 and held the positions of Customer Service Manager, Sales Manager, Purchasing Director and Operations Director. In 2001, he was named Vice President of Operations and in June 2014, he was named President of the Bel Power Solutions and Protection segment. Steve Dawson has over 25 years of progressive experience in power and circuit protection. Before joining Bel, Mr. Dawson held positions in Manufacturing, Engineering, Product Management and Business Development with Cooper Industries’ circuit protection business, a company later acquired by Eaton. After twelve years at Cooper Industries, he joined Power-One, a well-known manufacturer of power supplies. There Mr. Dawson led the Marketing and Business Development efforts when Power-One was acquired by ABB. Dawson was later involved in the sale of the power business from ABB to Bel, where he most recently served as Vice President of Marketing and Business Development for Bel’s Power segment. Mr. Dawson earned his Bachelor’s degree in Industrial Engineering from the University of Cincinnati and his MBA degree from Washington University in St. Louis.お知らせ • Jun 27Bel Fuse Inc.(NasdaqGS:BELF.A) dropped from NASDAQ Telecom IndexBel Fuse Inc. has been dropped from NASDAQ Telecom Index .財務状況分析短期負債: BELF.Aの 短期資産 ( $397.2M ) が 短期負債 ( $124.7M ) を超えています。長期負債: BELF.Aの短期資産 ( $397.2M ) が 長期負債 ( $291.5M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: BELF.Aの 純負債対資本比率 ( 27.1% ) は 満足できる 水準であると考えられます。負債の削減: BELF.Aの負債対資本比率は、過去 5 年間で61.3%から38.2%に減少しました。債務返済能力: BELF.Aの負債は 営業キャッシュフロー によって 十分にカバー されています ( 42.2% )。インタレストカバレッジ: BELF.Aの負債に対する 利息支払い は EBIT ( 8.9 x coverage) によって 十分にカバーされています。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YTech 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/20 08:57終値2026/05/20 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Bel Fuse Inc. 6 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。8 アナリスト機関Luke JunkBairdHerve FrancoisB. Riley Securities, Inc.Gregory PalmCraig-Hallum Capital Group LLC5 その他のアナリストを表示
分析記事 • Oct 18These 4 Measures Indicate That Bel Fuse (NASDAQ:BELF.A) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
分析記事 • Jan 18Is Bel Fuse (NASDAQ:BELF.A) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
ライブニュース • 1hBel Fuse Prices US$399 Million Offering to Acquire Enercon Stake and Repay DebtBel Fuse priced an upsized underwritten public offering of 1.5 million Class B common shares at US$266.00 per share. Underwriters have an option to buy an additional 225,000 shares, with closing expected on 15 May 2026 subject to standard conditions. The company plans to use the net proceeds to repay debt, buy the remaining 20% of Enercon Technologies, Ltd., and fund potential acquisitions, partnerships, and general corporate needs, while the stock fell 4.3% following the announcement, reflecting dilution concerns. The key trade-off here is short-term dilution and a negative share price reaction versus gaining full ownership of Enercon Technologies and reducing debt. If you are following the stock, it is worth weighing how comfortable you are with equity issuance to fund acquisitions and balance sheet changes, and how important full control of Enercon and a lower debt load are to your thesis.
お知らせ • May 15Bel Fuse Inc. has completed a Follow-on Equity Offering in the amount of $399 million.Bel Fuse Inc. has completed a Follow-on Equity Offering in the amount of $399 million. Security Name: Class B Common Stock Security Type: Common Stock Securities Offered: 1,500,000 Price\Range: $266 Discount Per Security: $9.975
お知らせ • May 14Bel Fuse Inc. has filed a Follow-on Equity Offering.Bel Fuse Inc. has filed a Follow-on Equity Offering. Security Name: Class B Common Stock Security Type: Common Stock Securities Offered: 1,300,000
ナラティブの更新 • May 06BELF.A: AI And Defense Demand Will Drive The Next Upside ChapterNarrative Update on Bel Fuse The analyst price target for Bel Fuse has been revised from $110 to $322 as analysts update their assumptions on long term revenue growth, profit margins, and future P/E. This follows a series of price target increases and bullish research calls across the Street.
お知らせ • May 02Bel Fuse Inc. Provides Earnings Guidance for the Second Quarter of 2026Bel Fuse Inc. provided earnings guidance for the second quarter of 2026. For the quarter, the company expects to have a strong second quarter, guiding sales of $195 million to $215 million with gross margin of 38%-40%, supported by robust bookings and higher demand from defense, commercial air, space, and data solutions customers.
お知らせ • Apr 16Bel Fuse Inc. to Report Q1, 2026 Results on Apr 29, 2026Bel Fuse Inc. announced that they will report Q1, 2026 results After-Market on Apr 29, 2026
お知らせ • Apr 13Bel Fuse Inc., Annual General Meeting, May 26, 2026Bel Fuse Inc., Annual General Meeting, May 26, 2026.
お知らせ • Mar 31+ 1 more updateBel Fuse Inc. Announces Strategic Realignment Of Business Units To Accelerate Growth And InnovationBel Fuse Inc. announced a strategic realignment of its business units. This transformation is purposefully designed to deliver holistic solutions that address the customers’ evolving needs. By transitioning from a product-centric to an end-market-centric organization, the company is sharpening the market focus, accelerating innovation, and elevating customer engagement across Bel Fuse Inc.'s key end markets. Bel Fuse Inc. will operate through two focused business units organized by end market: The Aerospace, Defense & Rugged Solutions business unit incorporates the previous Connectivity Solutions and Enercon businesses. This unit is dedicated to delivering innovative solutions for aerospace, defense, space, oil and gas, outdoor broadcasting, agriculture and other rugged environment applications. By bringing together these legacy units, Bel Fuse Inc. will continue to build on its tradition of excellence and innovation for customers operating in mission-critical environments, while providing product-agnostic access to Bel Fuse Inc.'s entire portfolio. The Industrial Technology & Data Solutions business unit integrates the pre-Enercon Power Solutions and Protection and Magnetic Solutions business units. This consolidation is focused on serving the industrial, medical, semiconductor, transportation, and data solutions end markets. By combining these legacy units, the new business unit is positioned to address demanding performance and reliability requirements across a wider range of applications, while enabling customers in these markets to access all Bel Fuse Inc. products without restriction. This transformation not only aligns Bel Fuse Inc.'s resources and expertise with key end markets, but also ensures that all customers—regardless of industry—can benefit from Bel Fuse Inc.'s complete range of technologies and solutions.
Recent Insider Transactions Derivative • Mar 16Non-Executive Chairman of the Board notifies of intention to sell stockDaniel Bernstein intends to sell 7k shares in the next 90 days after lodging an Intent To Sell Form on the 16th of March. If the sale is conducted around the recent share price of US$202, it would amount to US$1.3m. Since June 2025, Daniel's direct individual holding has decreased from 418.54k shares to 415.28k. There has only been one transaction (US$670k sale) from insiders over the last 12 months.
Valuation Update With 7 Day Price Move • Mar 06Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to US$173, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 21x in the Electronic industry in the US. Total returns to shareholders of 414% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$203 per share.
Recent Insider Transactions • Mar 05President recently sold US$670k worth of stockOn the 25th of February, Farouq Tuweiq sold around 3k shares on-market at roughly US$216 per share. This transaction amounted to 68% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Farouq's only on-market trade for the last 12 months.
Recent Insider Transactions Derivative • Feb 26President notifies of intention to sell stockFarouq Tuweiq intends to sell 26k shares in the next 90 days after lodging an Intent To Sell Form on the 25th of February. If the sale is conducted around the recent share price of US$236, it would amount to US$6.1m. For the year to December 2021, Farouq's total compensation was 39% salary and 61% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Farouq has owned 66.19k shares directly. There have been no trades via on-market transactions or options from company insiders in the last 12 months.
Declared Dividend • Feb 25Fourth quarter dividend of US$0.06 announcedDividend of US$0.06 is the same as last year. Ex-date: 15th April 2026 Payment date: 1st May 2026 Dividend yield will be 0.1%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 5%. Cash payout ratio: 4%.
お知らせ • Feb 21Bel Fuse Inc. Announces Regular Quarterly Cash Dividend on Its Class A and Class B Shares, Payable on May 1, 2026Bel Fuse Inc. announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B common shares. Cash dividends for Class A and Class B common shares are payable on May 1, 2026 to shareholders of record on April 15, 2026.
Reported Earnings • Feb 18Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: US$4.87 (up from US$3.25 in FY 2024). Revenue: US$675.5m (up 26% from FY 2024). Net income: US$61.5m (up 50% from FY 2024). Profit margin: 9.1% (up from 7.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 25%. Revenue is forecast to grow 6.4% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in the US. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 71% per year, which means it is well ahead of earnings.
お知らせ • Feb 18Bel Fuse Inc. Provides Earnings Guidance for the First Quarter of 2026Bel Fuse Inc. provided earnings guidance for the first quarter of 2026. For the quarter, the company estimates net sales of $165 million to $180 million.
Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$221, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 22x in the Electronic industry in the US. Total returns to shareholders of 438% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$168 per share.
お知らせ • Feb 05Bel Fuse Inc. to Report Q4, 2025 Results on Feb 17, 2026Bel Fuse Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Feb 17, 2026
Buy Or Sell Opportunity • Feb 02Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 47% to US$198. The fair value is estimated to be US$163, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.5% over the last 3 years. Earnings per share has declined by 4.4%. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 30% in the next 2 years.
分析記事 • Jan 17Investors Appear Satisfied With Bel Fuse Inc.'s (NASDAQ:BELF.A) Prospects As Shares Rocket 28%Despite an already strong run, Bel Fuse Inc. ( NASDAQ:BELF.A ) shares have been powering on, with a gain of 28% in the...
お知らせ • Jan 16+ 1 more updateBel Fuse Inc. Announce the Appointment of Tom Smelker as President of Connectivity Solutions, Effective January 26, 2026Bel Fuse Inc. announced the appointment of Tom Smelker as President of Connectivity Solutions, effective January 26, 2026. Tom Smelker joins Bel with a distinguished background in the aerospace and defense sectors, bringing over two decades of experience driving operational transformation and business growth. Most recently, Tom served as Senior Vice President and General Manager at Mercury Systems, where he successfully managed an extensive $400+ million P&L across ten sites. Under his leadership, his P&L achieved a remarkable turnaround, improving profitability and repositioning key product lines into top-performing units. Prior to Mercury Systems, Tom spent 19 years at Raytheon, where he advanced to Senior Fellow in Secure Processing and launched a secure systems business and product capabilities in advanced microelectronics, collaborating with and delivering to the U.S. Department of Defense and Tier-1 primes. Tom’s expertise encompasses ruggedized computing, RF systems, secure microelectronics, and space technologies for both defense and commercial air applications—areas closely aligned with Bel’s strategic priorities. With proven P&L leadership at scale, extensive growth experience, and global multi-site operational oversight, Tom is uniquely equipped to lead Bel’s Connectivity Solutions business unit. His deep technical fluency in aerospace and defense, expertise in secure systems, mission computing, and compliance (ITAR, CMMC), combined with a hands-on, urgency-driven leadership style, position him to drive transformational growth and innovation at Bel.
Upcoming Dividend • Jan 08Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 15 January 2026. Payment date: 30 January 2026. Payout ratio is a comfortable 4.6% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (1.0%).
分析記事 • Jan 01Estimating The Intrinsic Value Of Bel Fuse Inc. (NASDAQ:BELF.A)Key Insights Bel Fuse's estimated fair value is US$160 based on 2 Stage Free Cash Flow to Equity With US$152 share...
Recent Insider Transactions Derivative • Nov 19Non-Executive Chairman of the Board notifies of intention to sell stockDaniel Bernstein intends to sell 3k shares in the next 90 days after lodging an Intent To Sell Form on the 17th of November. If the sale is conducted around the recent share price of US$148, it would amount to US$443k. Since December 2024, Daniel's direct individual holding has increased from 416.03k shares to 418.28k. There have been no trades via on-market transactions or options from company insiders in the last 12 months.
Valuation Update With 7 Day Price Move • Nov 17Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to US$116, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 18x in the Electronic industry in the US. Total returns to shareholders of 234% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$159 per share.
Buy Or Sell Opportunity • Nov 14Now 23% undervaluedOver the last 90 days, the stock has risen 9.4% to US$123. The fair value is estimated to be US$159, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.5% over the last 3 years. Earnings per share has declined by 4.4%. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 29% in the next 2 years.
分析記事 • Nov 11Earnings Tell The Story For Bel Fuse Inc. (NASDAQ:BELF.A) As Its Stock Soars 29%Bel Fuse Inc. ( NASDAQ:BELF.A ) shareholders would be excited to see that the share price has had a great month...
Declared Dividend • Nov 03Dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 15th January 2026 Payment date: 30th January 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 5%. Cash payout ratio: 7%.
お知らせ • Nov 01Bel Fuse Inc. Announces Regular Quarterly Cash Dividend on Its Class A and Class B Shares, Payable January 30, 2026BEL FUSE INC. announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B common shares. Cash dividends for Class A and Class B common shares are payable on January 30, 2026 to shareholders of record on January 15, 2026.
Reported Earnings • Oct 30Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: US$1.76 (up from US$0.64 in 3Q 2024). Revenue: US$179.0m (up 45% from 3Q 2024). Net income: US$22.3m (up 175% from 3Q 2024). Profit margin: 12% (up from 6.5% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) also surpassed analyst estimates by 35%. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Electronic industry in the US. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 61% per year, which means it is well ahead of earnings.
分析記事 • Oct 18These 4 Measures Indicate That Bel Fuse (NASDAQ:BELF.A) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
お知らせ • Oct 09Bel Fuse Inc. to Report Q3, 2025 Results on Oct 29, 2025Bel Fuse Inc. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Oct 29, 2025
Upcoming Dividend • Oct 08Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 15 October 2025. Payment date: 31 October 2025. Payout ratio is a comfortable 5.9% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (0.9%).
Buy Or Sell Opportunity • Sep 12Now 22% undervaluedOver the last 90 days, the stock has risen 51% to US$118. The fair value is estimated to be US$151, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.2% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 14% in a year. Earnings are forecast to grow by 44% in the next year.
分析記事 • Aug 29What Is Bel Fuse Inc.'s (NASDAQ:BELF.A) Share Price Doing?Bel Fuse Inc. ( NASDAQ:BELF.A ), is not the largest company out there, but it received a lot of attention from a...
分析記事 • Aug 08Investors Appear Satisfied With Bel Fuse Inc.'s (NASDAQ:BELF.A) Prospects As Shares Rocket 26%Bel Fuse Inc. ( NASDAQ:BELF.A ) shares have continued their recent momentum with a 26% gain in the last month alone...
Declared Dividend • Aug 04Dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 15th October 2025 Payment date: 31st October 2025 Dividend yield will be 0.2%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 6%. Cash payout ratio: 6%.
Valuation Update With 7 Day Price Move • Jul 31Investor sentiment improves as stock rises 25%After last week's 25% share price gain to US$115, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 18x in the Electronic industry in the US. Total returns to shareholders of 306% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$162 per share.
お知らせ • Jul 31BEL FUSE Inc. Declares Regular Quarterly Cash Dividend on Class A and Class B Shares, Payable on October 31, 2025BEL FUSE INC. announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B common shares. Cash dividends for Class A and Class B common shares are payable on October 31, 2025 to shareholders of record on October 15, 2025.
Reported Earnings • Jul 25Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$2.12 (up from US$1.49 in 2Q 2024). Revenue: US$168.3m (up 26% from 2Q 2024). Net income: US$26.9m (up 43% from 2Q 2024). Profit margin: 16% (up from 14% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 102%. Revenue is forecast to grow 7.1% p.a. on average during the next 2 years, compared to a 7.9% growth forecast for the Electronic industry in the US. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 55% per year, which means it is well ahead of earnings.
お知らせ • Jul 25Bel Fuse Inc. Provides Earnings Guidance for Third Quarter of 2025Bel Fuse Inc. provided earnings guidance for third quarter of 2025. For Q3, based on information available, The company anticipates net sales of $165 million to $180 million.
お知らせ • Jul 11Bel Fuse Inc. to Report Q2, 2025 Results on Jul 24, 2025Bel Fuse Inc. announced that they will report Q2, 2025 results After-Market on Jul 24, 2025
分析記事 • Jul 10Is There An Opportunity With Bel Fuse Inc.'s (NASDAQ:BELF.A) 38% Undervaluation?Key Insights Using the 2 Stage Free Cash Flow to Equity, Bel Fuse fair value estimate is US$151 Bel Fuse is estimated...
Upcoming Dividend • Jul 08Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 15 July 2025. Payment date: 01 August 2025. Payout ratio is a comfortable 7.0% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (1.1%).
分析記事 • Jun 24After Leaping 32% Bel Fuse Inc. (NASDAQ:BELF.A) Shares Are Not Flying Under The RadarBel Fuse Inc. ( NASDAQ:BELF.A ) shareholders would be excited to see that the share price has had a great month...
Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$76.00, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 18x in the Electronic industry in the US. Total returns to shareholders of 252% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$140 per share.
お知らせ • May 29+ 1 more updateBel Fuse Inc. Appoints Lynn Hutkin as Treasurer and Secretary, Effective May 27, 2025Bel Fuse Inc. appointed Lynn Hutkin (who prior to the Effective Time served as Bel’s Vice President of Financial Reporting and Investor Relations, principal accounting officer and Secretary), became Bel’s CFO (principal financial officer), Principal Accounting Officer, Treasurer and Secretary, effective immediately following the 2025 Annual Meeting on May 27, 2025.
分析記事 • May 16Is It Time To Consider Buying Bel Fuse Inc. (NASDAQ:BELF.A)?Bel Fuse Inc. ( NASDAQ:BELF.A ), might not be a large cap stock, but it received a lot of attention from a substantial...
Valuation Update With 7 Day Price Move • May 13Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$72.65, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Electronic industry in the US. Total returns to shareholders of 245% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$143 per share.
Declared Dividend • May 02Dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 15th July 2025 Payment date: 1st August 2025 Dividend yield will be 0.4%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 7%. Cash payout ratio: 5%.
Recent Insider Transactions Derivative • May 01President notifies of intention to sell stockDaniel Bernstein intends to sell 7k shares in the next 90 days after lodging an Intent To Sell Form on the 30th of April. If the sale is conducted around the recent share price of US$65.82, it would amount to US$438k. For the year to December 2018, Daniel's total compensation was 30% salary and 70% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Daniel's direct individual holding has increased from 416.03k shares to 425.16k. There have been no trades via on-market transactions or options from company insiders in the last 12 months.
分析記事 • May 01Bel Fuse's (NASDAQ:BELF.A) Soft Earnings Don't Show The Whole PictureSoft earnings didn't appear to concern Bel Fuse Inc.'s ( NASDAQ:BELF.A ) shareholders over the last week. We think that...
お知らせ • Apr 29Bel Fuse Inc. Declares Regular Quarterly Cash Dividend on Class A and Class B Shares, Payable on August 1, 2025BEL FUSE INC announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B common shares. Cash dividends for Class A and Class B common shares are payable on August 1, 2025 to shareholders of record on July 15, 2025.
Reported Earnings • Apr 25First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: US$1.42 (up from US$1.25 in 1Q 2024). Revenue: US$152.2m (up 19% from 1Q 2024). Net income: US$17.9m (up 13% from 1Q 2024). Profit margin: 12% (in line with 1Q 2024). Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 65%. Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Electronic industry in the US. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 25Bel Fuse Inc. Provides Earnings Guidance for the Second Quarter of 2025Bel Fuse Inc. provided earnings guidance for the second quarter of 2025. GAAP net sales in the second quarter of 2025 are projected to be in the range of $145 to $155 million, with gross margin in the range of 37% to 39%.
お知らせ • Apr 14Bel Fuse Inc., Annual General Meeting, May 27, 2025Bel Fuse Inc., Annual General Meeting, May 27, 2025.
お知らせ • Apr 12Bel Fuse Inc. to Report Q1, 2025 Results on Apr 24, 2025Bel Fuse Inc. announced that they will report Q1, 2025 results After-Market on Apr 24, 2025
Upcoming Dividend • Apr 08Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 15 April 2025. Payment date: 01 May 2025. Payout ratio is a comfortable 7.4% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of American dividend payers (5.1%). Lower than average of industry peers (1.6%).
分析記事 • Apr 04Bel Fuse Inc.'s (NASDAQ:BELF.A) P/E Is On The MarkWith a price-to-earnings (or "P/E") ratio of 19.6x Bel Fuse Inc. ( NASDAQ:BELF.A ) may be sending bearish signals at...
Valuation Update With 7 Day Price Move • Apr 03Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to US$63.99, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 17x in the Electronic industry in the US. Total returns to shareholders of 210% over the past three years.
Reported Earnings • Mar 03Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: US$3.25 (down from US$5.78 in FY 2023). Revenue: US$534.8m (down 16% from FY 2023). Net income: US$41.0m (down 45% from FY 2023). Profit margin: 7.7% (down from 12% in FY 2023). Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) missed analyst estimates by 23%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Electronic industry in the US. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Mar 03New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (51% net debt to equity). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.7% net profit margin).
Declared Dividend • Feb 21Fourth quarter dividend of US$0.06 announcedDividend of US$0.06 is the same as last year. Ex-date: 15th April 2025 Payment date: 1st May 2025 Dividend yield will be 0.3%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 7%. Cash payout ratio: 5%.
New Risk • Feb 19New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 49% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (49% net debt to equity). Profit margins are more than 30% lower than last year (7.7% net profit margin).
お知らせ • Feb 19Bel Fuse Inc. Announces Regular Quarterly Cash Dividend on Its Class A and Class B Shares, Payable on May 1, 2025Bel Fuse Inc. announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B common shares. Cash dividends for Class A and Class B common shares are payable on May 1, 2025 to shareholders of record on April 15, 2025.
お知らせ • Feb 06Farouq Tuweiq to Vacate His Role as Chief Financial Officer of Bel Fuse IncBel Fuse Inc. announced that Farouq Tuweiq will vacate his current role as Chief Financial Officer on 2025 Annual Meeting of Shareholders to be held on May 27, 2025, with the Board having initiated a search process to identify a successor CFO for the Company. Tuweiq joined Bel in 2021 as the Company’s Chief Financial Officer. During the past four years, he has been instrumental in transforming Bel’s corporate strategy and financial discipline which have been strong drivers in leading to Bel’s record performance. From his start, Tuweiq has been a strategic partner with Bernstein and the executive team, capitalizing on the solid foundation of Bel’s quality products and customer base that Bernstein has built over the years.
お知らせ • Feb 05Bel Fuse Inc. Announces Chief Executive Officer Changes, Effective May 27, 2025The Board of Directors of Bel Fuse Inc. announced an upcoming transition in the Chief Executive Officer position at Bel. After 24 years as Bel’s Chief Executive Officer and 46 total years of service at the Company, Daniel Bernstein will step down as Chief Executive Officer effective immediately following Bel’s 2025 Annual Meeting of Shareholders, currently scheduled for May 27, 2025. Bernstein will transition to the role of Non-Executive Chairman of the Board of Directors on that same date. As part of the leadership change, Bel’s Board of Directors has appointed Farouq Tuweiq to serve as the Company’s next Chief Executive Officer, effective immediately following Bel’s 2025 Annual Meeting of Shareholders. On May 27, 2025, Tuweiq will become Bel’s President and CEO. Tuweiq joined Bel in 2021 as the Company’s Chief Financial Officer. During the past four years, he has been instrumental in transforming Bel’s corporate strategy and financial discipline which have been strong drivers in leading to Bel’s record performance. From his start, Tuweiq has been a strategic partner with Bernstein and the executive team, capitalizing on the solid foundation of Bel’s quality products and customer base that Bernstein has built over the years.
お知らせ • Feb 04Bel Fuse Inc. Announces Executive ChangesThe Board of Directors of Bel Fuse Inc. announced an upcoming transition in the Chief Executive Officer position at Bel. After 24 years as Bel’s Chief Executive Officer and 46 total years of service at the Company, Daniel Bernstein will step down as President effective immediately following Bel’s 2025 Annual Meeting of Shareholders, currently scheduled for May 27, 2025. Bernstein will transition to the role of Non-Executive Chairman of the Board of Directors on that same date. As part of the leadership change, Bel’s Board of Directors has appointed Farouq Tuweiq to serve as the Company’s next President, effective immediately following Bel’s 2025 Annual Meeting of Shareholders. The Board of Directors has also approved the expansion of Bel’s Board to ten directors and appointed Tuweiq as a director on Bel’s Board, with such expansion and appointment to be effective on the date of Bel’s annual shareholder meeting scheduled for May 27, 2025. On May 27, 2025, Tuweiq will become Bel’s President. Tuweiq joined Bel in 2021 as the Company’s Chief Financial Officer. During the past four years, he has been instrumental in transforming Bel’s corporate strategy and financial discipline which have been strong drivers in leading to Bel’s record performance. From his start, Tuweiq has been a strategic partner with Bernstein and the executive team, capitalizing on the solid foundation of Bel’s quality products and customer base that Bernstein has built over the years.
お知らせ • Feb 03Bel Fuse Inc. to Report Q4, 2024 Results on Feb 18, 2025Bel Fuse Inc. announced that they will report Q4, 2024 results After-Market on Feb 18, 2025
分析記事 • Jan 18Is Bel Fuse (NASDAQ:BELF.A) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Upcoming Dividend • Jan 08Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 15 January 2025. Payment date: 31 January 2025. Payout ratio is a comfortable 5.5% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (1.3%).
分析記事 • Jan 03Investor Optimism Abounds Bel Fuse Inc. (NASDAQ:BELF.A) But Growth Is LackingBel Fuse Inc.'s ( NASDAQ:BELF.A ) price-to-earnings (or "P/E") ratio of 20.3x might make it look like a sell right now...
お知らせ • Nov 14Bel Fuse Inc. (NasdaqGS:BELF.A) completed the acquisition of 80% stake in Enercon Technologies, Ltd. from Fortissimo fund managed by Fortissimo Capital Management Ltd.Bel Fuse Inc. (NasdaqGS:BELF.A) entered into a definitive agreement to acquire 80% stake in Enercon Technologies, Ltd. from Fortissimo fund managed by Fortissimo Capital Management Ltd. for $330 million on September 18, 2024. The consideration consists of $320 million in cash, which is subject to customary adjustments, and $10 million in earnout related payments for the 2025-2026 period. The transaction also includes the intent to purchase the remaining 20% in Enercon Technologies by early 2027 based on future EBITDA performance. The transaction will be financed through a combination of cash on hand and an expansion of its existing credit facility. KeyBank National Association, Bank of America, N.A, PNC Bank, National Association, BMO Bank N.A. and HSBC Bank USA, National Association provided the loan for financing the transaction. Shmoulik Barashi and Yochai Hacohen, both Enercon board members and partners at Fortissimo Capital will continue to be members of the Enercon board post transaction. The transaction is subject to customary closing conditions, including applicable regulatory approvals and is expected to close by the end of 2024. Evercore Inc. acted as financial advisor to Bel Fuse Inc. Citigroup Inc. acted as financial advisor to Enercon Technologies, Ltd. White & Case LLP acted as legal advisor to Bel Fuse Inc. Meitar Liquornik Geva Leshem Tal & Co acted as legal advisor to Bel Fuse Inc. Gornitzky & Co. acted as legal advisor to Enercon Technologies, Ltd. Needham & Company, LLC acted as fairness opinion provider to the board of directors of Bel Fuse Inc. Chaim Friedland, Assaf Harel, Nir Knoll of Gornitzky & Co. acted as legal advisor to Fortissimo fund in the sale of 80% of its holdings in Enercon to Bel Fuse. Bel Fuse Inc. (NasdaqGS:BELF.A) completed the acquisition of 80% stake in Enercon Technologies, Ltd. from Fortissimo fund managed by Fortissimo Capital Management Ltd. on November 14, 2024.
Declared Dividend • Nov 03Dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 15th January 2025 Payment date: 31st January 2025 Dividend yield will be 0.2%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 6%. Cash payout ratio: 4%.
Board Change • Nov 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. Independent Director David Valletta was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 24Third quarter 2024 earnings released: EPS: US$0.64 (vs US$1.52 in 3Q 2023)Third quarter 2024 results: EPS: US$0.64 (down from US$1.52 in 3Q 2023). Revenue: US$123.6m (down 22% from 3Q 2023). Net income: US$8.08m (down 59% from 3Q 2023). Profit margin: 6.5% (down from 12% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Electronic industry in the US. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 98% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 24Bel Fuse Inc. Provides Earnings Guidance for the Fourth Quarter of 2024Bel Fuse Inc. provided earnings guidance for the fourth quarter of 2024. For the fourth quarter of 2024, The company expects GAAP net sales in the range of $117 million to $125 million.
Buy Or Sell Opportunity • Oct 23Now 20% undervaluedOver the last 90 days, the stock has risen 14% to US$102. The fair value is estimated to be US$128, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last 3 years. Earnings per share has grown by 41%. Revenue is forecast to decline by 4.7% in a year. Earnings are forecast to decline by 10.0% in the next year.
分析記事 • Oct 15Should You Think About Buying Bel Fuse Inc. (NASDAQ:BELF.A) Now?Bel Fuse Inc. ( NASDAQ:BELF.A ), is not the largest company out there, but it led the NASDAQGS gainers with a...
お知らせ • Oct 15Bel Fuse Inc. Announces the Appointment of Umasankar Pingali as Global Head of Sales and MarketingBel Fuse Inc. announced its appointment of Uma Pingali as Global Head of Sales and Marketing, a newly created role. With over 30 years of management experience in global sales, marketing, business development within the electronic industry, Uma is uniquely positioned to lead and accelerate Bel’s sales and marketing organizations. His experience with integrating various sales teams that have joined via acquisitions will be very helpful for Bel with the company's history of acquisitions. Uma started his career in India and has lived and led sales organizations there and in Singapore, China, Hong Kong and the U.S. In his most recent role as President of Global Sales at Farnell, based in Chicago, Uma managed a team of 600+ people in driving a $1.6 billion global sales organization.
お知らせ • Oct 10Bel Fuse Inc. to Report Q3, 2024 Results on Oct 23, 2024Bel Fuse Inc. announced that they will report Q3, 2024 results After-Market on Oct 23, 2024
Upcoming Dividend • Oct 08Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 15 October 2024. Payment date: 01 November 2024. Payout ratio is a comfortable 4.6% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (1.3%).
Buy Or Sell Opportunity • Oct 03Now 21% undervaluedOver the last 90 days, the stock has risen 27% to US$101. The fair value is estimated to be US$129, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last 3 years. Earnings per share has grown by 41%. Revenue is forecast to decline by 4.7% in a year. Earnings are forecast to decline by 10.0% in the next year.
新しいナラティブ • Sep 24Challenging Market Dynamics And Decisive Shifts Risk Company's Revenue And Margin Growth Anticipated downturn in sales due to challenging demand and conservative Q3 '24 sales guidance tied to trade restrictions impacting margins.
Valuation Update With 7 Day Price Move • Sep 19Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$102, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 15x in the Electronic industry in the US. Total returns to shareholders of 629% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$128 per share.
お知らせ • Sep 19Bel Fuse Inc. (NasdaqGS:BELF.A) entered into a definitive agreement to acquire 80% stake in Enercon Technologies, Ltd. from Fortissimo Capital Management Ltd. for $330 million.Bel Fuse Inc. (NasdaqGS:BELF.A) entered into a definitive agreement to acquire 80% stake in Enercon Technologies, Ltd. from Fortissimo Capital Management Ltd. for $330 million on September 18, 2024. The consideration consists of $320 million in cash, which is subject to customary adjustments, and $10 million in earnout related payments for the 2025-2026 period. The transaction also includes the intent to purchase the remaining 20% in Enercon Technologies by early 2027 based on future EBITDA performance. The transaction will be financed through a combination of cash on hand and an expansion of its existing credit facility. Shmoulik Barashi and Yochai Hacohen, both Enercon board members and partners at Fortissimo Capital will continue to be members of the Enercon board post transaction. The transaction is subject to customary closing conditions, including applicable regulatory approvals and is expected to close by the end of 2024. Evercore Inc. acted as financial advisor to Bel Fuse Inc. Citigroup Inc. acted as financial advisor to Enercon Technologies, Ltd. White & Case LLP acted as legal advisor to Bel Fuse Inc. Meitar Liquornik Geva Leshem Tal & Co acted as legal advisor to Bel Fuse Inc. Gornitzky & Co. acted as legal advisor to Enercon Technologies, Ltd. Needham & Company, LLC acted as fairness opinion provider to the board of directors of Bel Fuse Inc.
分析記事 • Aug 08Some Investors May Be Willing To Look Past Bel Fuse's (NASDAQ:BELF.A) Soft EarningsThe market was pleased with the recent earnings report from Bel Fuse Inc. ( NASDAQ:BELF.A ), despite the profit numbers...
Declared Dividend • Aug 05Dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 15th October 2024 Payment date: 1st November 2024 Dividend yield will be 0.3%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 5%. Cash payout ratio: 3%.
お知らせ • Aug 02Bel Fuse Inc. Announces Regular Quarterly Cash Dividend on its Class A and Class B Shares, Payable on November 1, 2024BEL FUSE INC announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B common shares. Cash dividends for Class A and Class B common shares are payable on November 1, 2024 to shareholders of record on October 15, 2024.
分析記事 • Jul 27Results: Bel Fuse Inc. Exceeded Expectations And The Consensus Has Updated Its EstimatesBel Fuse Inc. ( NASDAQ:BELF.A ) just released its latest second-quarter results and things are looking bullish. The...
New Risk • Jul 26New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Reported Earnings • Jul 25Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: US$1.48 (down from US$2.17 in 2Q 2023). Revenue: US$133.2m (down 21% from 2Q 2023). Net income: US$18.8m (down 32% from 2Q 2023). Profit margin: 14% (down from 17% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 61%. Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Electronic industry in the US. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 89% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jul 11Bel Fuse Inc. to Report Q2, 2024 Results on Jul 24, 2024Bel Fuse Inc. announced that they will report Q2, 2024 results After-Market on Jul 24, 2024
Upcoming Dividend • Jul 08Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 15 July 2024. Payment date: 01 August 2024. Payout ratio is a comfortable 4.1% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of American dividend payers (4.8%). Lower than average of industry peers (1.2%).
お知らせ • Jul 03Bel Fuse Inc.(NasdaqGS:BELF.B) dropped from Russell Small Cap Comp Growth IndexBel Fuse Inc.(NasdaqGS:BELF.B) dropped from Russell Small Cap Comp Growth Index
お知らせ • Jul 02Bel Fuse Inc. Announces Executive ChangesBel Fuse Inc. confirmed consistent with prior announcements that Dennis Ackerman will retire from the Company effective July 31, 2024 after 37 years of service, having served as President of Bel Power Solutions and Protection since 2014. As previously announced, Steve Dawson, who most recently served as Vice President of Marketing and Business Development for the Power segment, has been named to succeed Mr. Ackerman. His appointment as the new President of Bel Power Solutions and Protection is effective July 1, 2024. Mr. Ackerman joined Bel in 1986 and held the positions of Customer Service Manager, Sales Manager, Purchasing Director and Operations Director. In 2001, he was named Vice President of Operations and in June 2014, he was named President of the Bel Power Solutions and Protection segment. Steve Dawson has over 25 years of progressive experience in power and circuit protection. Before joining Bel, Mr. Dawson held positions in Manufacturing, Engineering, Product Management and Business Development with Cooper Industries’ circuit protection business, a company later acquired by Eaton. After twelve years at Cooper Industries, he joined Power-One, a well-known manufacturer of power supplies. There Mr. Dawson led the Marketing and Business Development efforts when Power-One was acquired by ABB. Dawson was later involved in the sale of the power business from ABB to Bel, where he most recently served as Vice President of Marketing and Business Development for Bel’s Power segment. Mr. Dawson earned his Bachelor’s degree in Industrial Engineering from the University of Cincinnati and his MBA degree from Washington University in St. Louis.
お知らせ • Jun 27Bel Fuse Inc.(NasdaqGS:BELF.A) dropped from NASDAQ Telecom IndexBel Fuse Inc. has been dropped from NASDAQ Telecom Index .
