Belden
Market Cap
US$2.3b
Last Updated
2021/05/16 22:22 UTC
Data Sources
Company Financials +
Executive Summary
Belden Inc. operates as a signal transmission solutions company in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. More Details
Rewards
Risk Analysis
Snowflake Analysis
Moderate growth potential and slightly overvalued.
Similar Companies
Share Price & News
How has Belden's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BDC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: BDC's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
-3.0%
BDC
-2.7%
US Electronic
-1.7%
US Market
1 Year Return
87.9%
BDC
73.7%
US Electronic
50.8%
US Market
Return vs Industry: BDC exceeded the US Electronic industry which returned 73.8% over the past year.
Return vs Market: BDC exceeded the US Market which returned 50.8% over the past year.
Shareholder returns
| BDC | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.0% | -2.7% | -1.7% |
| 30 Day | 19.8% | -4.6% | -1.5% |
| 90 Day | 15.5% | -1.8% | 0.4% |
| 1 Year | 88.9%87.9% | 77.4%73.7% | 53.3%50.8% |
| 3 Year | -7.6%-8.7% | 64.1%57.2% | 61.5%51.4% |
| 5 Year | -13.2%-14.8% | 170.5%153.2% | 125.8%100.7% |
Long-Term Price Volatility Vs. Market
How volatile is Belden's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall St
These 4 Measures Indicate That Belden (NYSE:BDC) Is Using Debt Reasonably Well1 year ago | Simply Wall St
Is It Too Late To Buy Belden Inc. (NYSE:BDC) At Its June Price?1 year ago | Simply Wall St
Investors Who Bought Belden (NYSE:BDC) Shares Five Years Ago Are Now Down 25%Valuation
Is Belden undervalued compared to its fair value and its price relative to the market?
34.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BDC ($52.38) is trading below our estimate of fair value ($80.41)
Significantly Below Fair Value: BDC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BDC is poor value based on its PE Ratio (34.3x) compared to the US Electronic industry average (25.4x).
PE vs Market: BDC is poor value based on its PE Ratio (34.3x) compared to the US market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: BDC is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: BDC's PB Ratio (2.8x) is in line with the US Electronic industry average.
Future Growth
How is Belden forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
25.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BDC's forecast earnings growth (25.4% per year) is above the savings rate (2%).
Earnings vs Market: BDC's earnings (25.4% per year) are forecast to grow faster than the US market (14.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BDC's revenue (3.6% per year) is forecast to grow slower than the US market (9% per year).
High Growth Revenue: BDC's revenue (3.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BDC's Return on Equity is forecast to be low in 3 years time (17%).
Past Performance
How has Belden performed over the past 5 years?
-7.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BDC has high quality earnings.
Growing Profit Margin: BDC's current net profit margins (3.5%) are lower than last year (4.1%).
Past Earnings Growth Analysis
Earnings Trend: BDC's earnings have declined by 7.6% per year over the past 5 years.
Accelerating Growth: BDC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BDC had negative earnings growth (-19.9%) over the past year, making it difficult to compare to the Electronic industry average (13.3%).
Return on Equity
High ROE: BDC's Return on Equity (8.1%) is considered low.
Financial Health
How is Belden's financial position?
Financial Position Analysis
Short Term Liabilities: BDC's short term assets ($1.1B) exceed its short term liabilities ($508.0M).
Long Term Liabilities: BDC's short term assets ($1.1B) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: BDC's debt to equity ratio (178.6%) is considered high.
Reducing Debt: BDC's debt to equity ratio has reduced from 201.4% to 178.6% over the past 5 years.
Debt Coverage: BDC's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: BDC's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
Dividend
What is Belden current dividend yield, its reliability and sustainability?
0.38%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BDC's dividend (0.38%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: BDC's dividend (0.38%) is low compared to the top 25% of dividend payers in the US market (3.42%).
Stability and Growth of Payments
Stable Dividend: BDC is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: BDC is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: BDC is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BDC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.8yrs
Average management tenure
CEO
Roel Vestjens (45 yo)
1
Tenure
US$2,648,191
Compensation
Mr. Roel Vestjens serves as President, Chief Executive Officer and Director at Belden Inc. since May 21, 2020 and served as its Executive Vice President and Chief Operating Officer since July 3, 2019 until...
CEO Compensation Analysis
Compensation vs Market: Roel's total compensation ($USD2.65M) is about average for companies of similar size in the US market ($USD3.77M).
Compensation vs Earnings: Roel's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
Experienced Management: BDC's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
Experienced Board: BDC's board of directors are considered experienced (5.8 years average tenure).
Ownership
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
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Belden Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Belden Inc.
- Ticker: BDC
- Exchange: NYSE
- Founded: 1902
- Industry: Electronic Components
- Sector: Tech
- Market Cap: US$2.343b
- Shares outstanding: 44.74m
- Website: https://www.belden.com
Number of Employees
Location
- Belden Inc.
- 1 North Brentwood Boulevard
- 15th Floor
- Saint Louis
- Missouri
- 63105
- United States
Listings
Biography
Belden Inc. operates as a signal transmission solutions company in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It operates in two segments, Enterprise Solutions and Industrial Solu...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/16 22:22 |
| End of Day Share Price | 2021/05/14 00:00 |
| Earnings | 2021/04/04 |
| Annual Earnings | 2020/12/31 |
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.