| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 3/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
BDC Stock Overview
Belden Inc. operates as a signal transmission solutions company in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.
Belden Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$59.26 |
| 52 Week High | US$68.87 |
| 52 Week Low | US$40.66 |
| Beta | 1.35 |
| 1 Month Change | -2.00% |
| 3 Month Change | -1.74% |
| 1 Year Change | 25.18% |
| 3 Year Change | 14.16% |
| 5 Year Change | -24.83% |
| Change since IPO | 190.35% |
Recent News & Updates
An Intrinsic Calculation For Belden Inc. (NYSE:BDC) Suggests It's 22% Undervalued
How far off is Belden Inc. ( NYSE:BDC ) from its intrinsic value? Using the most recent financial data, we'll take a...
Is Belden (NYSE:BDC) Using Too Much Debt?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Shareholder Returns
| BDC | US Electronic | US Market | |
|---|---|---|---|
| 7D | -6.1% | -5.1% | -4.6% |
| 1Y | 25.2% | 3.7% | 7.7% |
Return vs Industry: BDC exceeded the US Electronic industry which returned 3.7% over the past year.
Return vs Market: BDC exceeded the US Market which returned 7.7% over the past year.
Price Volatility
| BDC volatility | |
|---|---|
| BDC Average Weekly Movement | 4.2% |
| Electronic Industry Average Movement | 7.7% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: BDC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: BDC's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1902 | 6,200 | Roel Vestjens | https://www.belden.com |
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 Solutions. The Enterprise Solutions segment offers copper cable and connectivity solutions, fiber cable and connectivity solutions, racks and enclosures, and signal extension and matrix switching systems for use in applications, such as local area networks, data centers, access control, fiber, and home and building automation.
Belden Fundamentals Summary
| BDC fundamental statistics | |
|---|---|
| Market Cap | US$2.66b |
| Earnings (TTM) | US$129.44m |
| Revenue (TTM) | US$2.27b |
20.6x
P/E Ratio1.2x
P/S RatioIs BDC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BDC income statement (TTM) | |
|---|---|
| Revenue | US$2.27b |
| Cost of Revenue | US$1.46b |
| Gross Profit | US$811.20m |
| Expenses | US$681.76m |
| Earnings | US$129.44m |
Last Reported Earnings
Oct 03, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.88 |
| Gross Margin | 35.77% |
| Net Profit Margin | 5.71% |
| Debt/Equity Ratio | 157.8% |
How did BDC perform over the long term?
See historical performance and comparisonDividends
0.3%
Current Dividend Yield7%
Payout RatioValuation
Is Belden undervalued compared to its fair value and its price relative to the market?
26.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BDC ($59.26) is trading below our estimate of fair value ($80.83)
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 (20.6x) compared to the US Electronic industry average (18.2x).
PE vs Market: BDC is poor value based on its PE Ratio (20.6x) compared to the US market (16.9x).
Price to Earnings Growth Ratio
PEG Ratio: BDC is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: BDC is overvalued based on its PB Ratio (2.8x) compared to the US Electronic industry average (2.3x).
Future Growth
How is Belden forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
17.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BDC's forecast earnings growth (17.4% per year) is above the savings rate (2%).
Earnings vs Market: BDC's earnings (17.4% per year) are forecast to grow faster than the US market (13.1% per year).
High Growth Earnings: BDC's earnings are forecast to grow, but not significantly.
Revenue vs Market: BDC's revenue (3.7% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: BDC's revenue (3.7% 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 (17.1%).
Past Performance
How has Belden performed over the past 5 years?
-2.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BDC has a large one-off loss of $41.1M impacting its October 3 2021 financial results.
Growing Profit Margin: BDC's current net profit margins (5.7%) are higher than last year (2.2%).
Past Earnings Growth Analysis
Earnings Trend: BDC's earnings have declined by 2.7% per year over the past 5 years.
Accelerating Growth: BDC's earnings growth over the past year (210%) exceeds its 5-year average (-2.7% per year).
Earnings vs Industry: BDC earnings growth over the past year (210%) exceeded the Electronic industry 42.1%.
Return on Equity
High ROE: BDC's Return on Equity (13.7%) is considered low.
Financial Health
How is Belden's financial position?
Financial Position Analysis
Short Term Liabilities: BDC's short term assets ($1.3B) exceed its short term liabilities ($622.4M).
Long Term Liabilities: BDC's short term assets ($1.3B) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: BDC's net debt to equity ratio (109.4%) is considered high.
Reducing Debt: BDC's debt to equity ratio has increased from 119.6% to 157.8% over the past 5 years.
Debt Coverage: BDC's debt is not well covered by operating cash flow (15.9%).
Interest Coverage: BDC's interest payments on its debt are well covered by EBIT (4.3x coverage).
Balance Sheet
Dividend
What is Belden current dividend yield, its reliability and sustainability?
0.34%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BDC's dividend (0.34%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: BDC's dividend (0.34%) is low compared to the top 25% of dividend payers in the US market (3.49%).
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?
2.5yrs
Average management tenure
CEO
Roel Vestjens (46 yo)
1.67yrs
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 below average for companies of similar size in the US market ($USD5.15M).
Compensation vs Earnings: Roel's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: BDC's management team is considered experienced (2.5 years average tenure).
Board Members
Experienced Board: BDC's board of directors are considered experienced (9.9 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 employee growth, exchange listings and data sources
Key Information
- Name: Belden Inc.
- Ticker: BDC
- Exchange: NYSE
- Founded: 1902
- Industry: Electronic Components
- Sector: Tech
- Implied Market Cap: US$2.661b
- Shares outstanding: 44.90m
- Website: https://www.belden.com
Number of Employees
Location
- Belden Inc.
- 1 North Brentwood Boulevard
- 15th Floor
- Saint Louis
- Missouri
- 63105
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/20 23:52 |
| End of Day Share Price | 2022/01/20 00:00 |
| Earnings | 2021/10/03 |
| 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.