Bel Fuse Inc.

NasdaqGS:BELF.A Stock Report

Market Cap: US$3.7b

Bel Fuse Balance Sheet Health

Financial Health criteria checks 6/6

Bel Fuse has a total shareholder equity of $535.7M and total debt of $204.5M, which brings its debt-to-equity ratio to 38.2%. Its total assets and total liabilities are $951.9M and $416.2M respectively. Bel Fuse's EBIT is $110.5M making its interest coverage ratio 9. It has cash and short-term investments of $59.4M.

Key information

38.17%

Debt to equity ratio

US$204.50m

Debt

Interest coverage ratio9x
CashUS$59.45m
EquityUS$535.71m
Total liabilitiesUS$416.21m
Total assetsUS$951.92m

Recent financial health updates

Recent updates

Narrative Update Jun 23

BELF.A: Operational Reset And Defense Exposure Will Support Next Upside Phase

Bel Fuse's analyst price target has been revised to $370, as analysts point to the company's multi year operational reset, focus on accountability and pricing discipline, and expectations for future revenue growth as key reasons for the updated view. Analyst Commentary Recent research on Bel Fuse highlights a mix of enthusiasm about the company’s reset and some caution around execution and valuation, giving investors a more rounded view of the updated US$370 price target.
Narrative Update Jun 04

BELF.A: AI And Defense Exposure Will Support The Next Upside Phase

Narrative Update on Bel Fuse Bel Fuse's analyst price targets have moved higher by $33 to $55 per share, with analysts pointing to supportive AI and defense demand trends and recent tags like "Bullish Fresh Picks" as key reasons for their updated views. Analyst Commentary Recent research updates on Bel Fuse focus on how AI and defense demand could affect the company’s growth path and what that might imply for valuation and execution risk.
Narrative Update May 06

BELF.A: AI And Defense Demand Will Drive The Next Upside Chapter

Narrative 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.
Analysis Article Jan 17

Investors 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...
Analysis Article Jan 01

Estimating 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...
Analysis Article Nov 11

Earnings 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...
Analysis Article Oct 18

These 4 Measures Indicate That Bel Fuse (NASDAQ:BELF.A) Is Using Debt Reasonably Well

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Aug 29

What 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...
Analysis Article Aug 08

Investors 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...
Analysis Article Jul 10

Is 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...
Analysis Article Jun 24

After Leaping 32% Bel Fuse Inc. (NASDAQ:BELF.A) Shares Are Not Flying Under The Radar

Bel Fuse Inc. ( NASDAQ:BELF.A ) shareholders would be excited to see that the share price has had a great month...
Analysis Article May 16

Is 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...
Analysis Article May 01

Bel Fuse's (NASDAQ:BELF.A) Soft Earnings Don't Show The Whole Picture

Soft earnings didn't appear to concern Bel Fuse Inc.'s ( NASDAQ:BELF.A ) shareholders over the last week. We think that...
Analysis Article Apr 04

Bel Fuse Inc.'s (NASDAQ:BELF.A) P/E Is On The Mark

With a price-to-earnings (or "P/E") ratio of 19.6x Bel Fuse Inc. ( NASDAQ:BELF.A ) may be sending bearish signals at...
Analysis Article Jan 18

Is 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...
Analysis Article Jan 03

Investor Optimism Abounds Bel Fuse Inc. (NASDAQ:BELF.A) But Growth Is Lacking

Bel 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...

Financial Position Analysis

Short Term Liabilities: BELF.A's short term assets ($397.2M) exceed its short term liabilities ($124.7M).

Long Term Liabilities: BELF.A's short term assets ($397.2M) exceed its long term liabilities ($291.5M).


Debt to Equity History and Analysis

Debt Level: BELF.A's net debt to equity ratio (27.1%) is considered satisfactory.

Reducing Debt: BELF.A's debt to equity ratio has reduced from 61.3% to 38.2% over the past 5 years.

Debt Coverage: BELF.A's debt is well covered by operating cash flow (42.2%).

Interest Coverage: BELF.A's interest payments on its debt are well covered by EBIT (9x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/05 02:43
End of Day Share Price 2026/07/02 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

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Industry and Sector Metrics

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Analyst Sources

Bel Fuse Inc. is covered by 9 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Luke JunkBaird
Herve FrancoisB. Riley Securities, Inc.
Gregory PalmCraig-Hallum Capital Group LLC