Bel Fuse Inc. designs, manufactures, markets, and sells products that are used in the networking, telecommunication, high-speed data transmission, commercial aerospace, military, broadcasting, transportation, and consumer electronic industries in the United States, Macao, the United Kingdom, Slovakia, Germany, Switzerland, and internationally. More Details
Undervalued with excellent balance sheet.
Share Price & News
How has Bel Fuse's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BELF.B is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: BELF.B's weekly volatility (10%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: BELF.B underperformed the US Electronic industry which returned 53.6% over the past year.
Return vs Market: BELF.B underperformed the US Market which returned 39.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Bel Fuse's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 months ago | Simply Wall StIs There Now An Opportunity In Bel Fuse Inc. (NASDAQ:BELF.B)?
6 months ago | Simply Wall StHow Much Is Bel Fuse Inc. (NASDAQ:BELF.B) CEO Getting Paid?
7 months ago | Simply Wall StAre Bel Fuse's (NASDAQ:BELF.B) Statutory Earnings A Good Guide To Its Underlying Profitability?
Is Bel Fuse undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BELF.B ($14.12) is trading below our estimate of fair value ($33.62)
Significantly Below Fair Value: BELF.B is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BELF.B is good value based on its PE Ratio (9.1x) compared to the US Electronic industry average (25.9x).
PE vs Market: BELF.B is good value based on its PE Ratio (9.1x) compared to the US market (19.6x).
Price to Earnings Growth Ratio
PEG Ratio: BELF.B's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: BELF.B is good value based on its PB Ratio (1x) compared to the US Electronic industry average (3x).
How is Bel Fuse forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BELF.B's earnings are forecast to decline over the next 3 years (-33.8% per year).
Earnings vs Market: BELF.B's earnings are forecast to decline over the next 3 years (-33.8% per year).
High Growth Earnings: BELF.B's earnings are forecast to decline over the next 3 years.
Revenue vs Market: BELF.B's revenue (4.2% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: BELF.B's revenue (4.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if BELF.B's Return on Equity is forecast to be high in 3 years time
How has Bel Fuse performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BELF.B has a large one-off gain of $7.0M impacting its March 31 2021 financial results.
Growing Profit Margin: BELF.B became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: BELF.B has become profitable over the past 5 years, growing earnings by 50.9% per year.
Accelerating Growth: BELF.B has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BELF.B has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electronic industry (13.7%).
Return on Equity
High ROE: BELF.B's Return on Equity (10.6%) is considered low.
How is Bel Fuse's financial position?
Financial Position Analysis
Short Term Liabilities: BELF.B's short term assets ($279.4M) exceed its short term liabilities ($91.0M).
Long Term Liabilities: BELF.B's short term assets ($279.4M) exceed its long term liabilities ($179.1M).
Debt to Equity History and Analysis
Debt Level: BELF.B's debt to equity ratio (61.3%) is considered high.
Reducing Debt: BELF.B's debt to equity ratio has reduced from 120.8% to 61.3% over the past 5 years.
Debt Coverage: BELF.B's debt is well covered by operating cash flow (34.8%).
Interest Coverage: BELF.B's interest payments on its debt are well covered by EBIT (4.4x coverage).
What is Bel Fuse current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: BELF.B's dividend (1.92%) is higher than the bottom 25% of dividend payers in the US market (1.27%).
High Dividend: BELF.B's dividend (1.92%) is low compared to the top 25% of dividend payers in the US market (3.36%).
Stability and Growth of Payments
Stable Dividend: BELF.B's dividends per share have been stable in the past 10 years.
Growing Dividend: BELF.B's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (17.5%), BELF.B's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Daniel Bernstein (66 yo)
Mr. Daniel Bernstein has been the Chief Executive Officer and President of Bel Fuse Inc. since May 2001 and June 1992 respectively. Mr. Bernstein has been the Managing Director of Macau, a subsidiary of Be...
CEO Compensation Analysis
Compensation vs Market: Daniel's total compensation ($USD654.80K) is below average for companies of similar size in the US market ($USD1.05M).
Compensation vs Earnings: Daniel's compensation has been consistent with company performance over the past year.
Experienced Management: BELF.B's management team is seasoned and experienced (5.1 years average tenure).
Experienced Board: BELF.B's board of directors are considered experienced (6.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Bel Fuse Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Bel Fuse Inc.
- Ticker: BELF.B
- Exchange: NasdaqGS
- Founded: 1949
- Industry: Electronic Components
- Sector: Tech
- Market Cap: US$171.305m
- Shares outstanding: 12.35m
- Website: https://www.belfuse.com
Number of Employees
- Bel Fuse Inc.
- 206 Van Vorst Street
- Jersey City
- New Jersey
- United States
Bel Fuse Inc. designs, manufactures, markets, and sells products that are used in the networking, telecommunication, high-speed data transmission, commercial aerospace, military, broadcasting, transportati...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/18 03:30|
|End of Day Share Price||2021/06/17 00:00|
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 here.