Pricing Log in Create free account
Saturday 10 October 2026 Export all BELFB data to Excel Powerpack

Bel Fuse Inc.

BELFB Technology Electronic Components

Bel Fuse Inc.’s revenue for fiscal 2025 (year ended December 2025) was $675.5 million, up 26.3% from fiscal 2024. In the quarter to June 2026, revenue grew 25.2%, EPS fell 11.7%, free cash flow fell 27.4% and total debt fell 28.2%, each against the same quarter a year earlier. Dividend growth for twenty-five consecutive years.

244.50 2.00 +0.82%
Market cap
$3.4B
P/E
59.1×
Fwd P/E
32.7×
Dividend yield
0.14%
F-score
8/9
Altman Z
4.57
Beneish M
−2.36
Dividend safety
86/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 18.11
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 3 1 — 2 5 — — 1 — 1 2 —
Insider Ownership 10.94%

Capital & Financial Ratios $m

Market Cap 3,400.00
Revenue 744.09
Net Income 77.96
Free Cash Flow 76.28
Net Debt (306.11)
Current Ratio 4.48 (at or above 1.5: strong)
Debt/Equity 0.00 (at or below 0.5: strong)
P/E ratio 59.06 (above 35: high)
Fwd P/E 32.70
P/S ratio 4.47
P/B ratio 3.66
Past 5Y EPS Growth 36.14% (at or above 15%: strong)
This Y EPS Growth 38.83% (at or above 15%: strong)
Next Y EPS Growth 13.68%
Next Y revenue growth 20.02% (at or above 10%: strong)
Next 5Y EPS Growth 24.72% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 4.3×, against a ten-year median of 0.7×; over the ten years it ranged from 0.3× in 2020 to 6.0× in 2026.
P/E against its own 10 years 90.67%
10-year low 10-year high
P/S against its own 10 years 96.05%
10-year low 10-year high
P/B against its own 10 years 89.29%
10-year low 10-year high
EV/Sales against its own 10 years 95.16%
10-year low 10-year high
EV/FCF against its own 10 years 88.85%
10-year low 10-year high

Dividends

Payout Ratio 0.08
Annual Dividend Rate 0.35
Annual Dividend Yield 0.14%
total individual payouts
2026 0.28
0.07
0.07
0.07
0.07
2025 0.28
0.07
0.07
0.07
0.07
2024 0.28
0.07
0.07
0.07
0.07
2023 0.28
0.07
0.07
0.07
0.07
2022 0.28
0.07
0.07
0.07
0.07
2021 0.28
0.07
0.07
0.07
0.07
2020 0.28
0.07
0.07
0.07
0.07
2019 0.28
0.07
0.07
0.07
0.07
2018 0.35
0.07
0.07
0.07
0.07
0.07
2017 0.28
0.07
0.07
0.07
0.07
2016 0.28
0.07
0.07
0.07
0.07
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 127 69 58 306
Receivables 97 116 131 166
Inventory 137 161 167 200
Other 21 27 28 26
381 374 385 699
2023 2024 2025 Q'26
Payables 40 49 53 88
ST’ Debt — — — —
Other 9 18 17 15
111 128 127 156

Compound Annual Growth %

10y 5y 3y
Sales 1.76% 7.72% 1.07%
Cash Flow 2.05% 11.82% 26.04%
Earnings 12.35% 36.90% 5.31%
Book Value 6.20% 18.02% 17.49%

Revenue $m

Mar Jun Sep Dec Year
’26 178 211 — — —
’25 152 168 179 176 675
’24 128 133 124 150 535
’23 172 169 159 140 640
’22 137 171 178 169 654
’21 111 139 147 147 543
’20 104 121 124 116 466
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 14 18 — — —
’25 8 21 22 30 81
’24 6 32 27 8 74
’23 17 24 41 27 108
’22 (8) 19 13 16 40
’21 2 (4) 0 6 5
’20 8 9 18 11 46
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 11 16 — — —
’25 5 22 23 26 76
’24 3 31 24 3 61
’23 13 26 38 25 102
’22 (10) 17 13 13 33
’21 7 (5) (1) 1 3
’20 6 8 16 14 45
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.91 1.89 — — —
’25 1.43 2.14 1.77 (0.43) 4.91
’24 1.26 1.50 0.65 (0.14) 3.28
’23 1.15 2.19 1.54 0.95 5.83
’22 0.41 1.37 1.34 1.12 4.24
’21 0.26 0.61 0.47 0.65 2.02
’20 (0.31) 0.46 0.61 0.29 1.05
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 13.31 21.65 16.58 9.03 6.30 10.58 11.58 30.11 45.75 58.00

Analyst estimates 2026–2028

Powerpack
High 33.60 33.45 29.00 27.77 21.50 23.00 38.49 69.57 92.61 179.41
People
People Employees 7,694 7,491 8,098 6,935 6,400 6,300 7,000 5,260 5,370 4,964
Revenue/emp, $m 0.07 0.07 0.07 0.07 0.07 0.09 0.09 0.12 0.10 0.14
Income, $m
Income, $m Revenue 500 492 548 492 466 543 654 640 535 675
Gross margin, % 19.98 20.82 25.40 22.33 25.71 24.73 28.04 33.74 37.84 39.15
EBT (83) 10 24 (7) 12 27 59 83 62 95
EBT margin, % (16.51) 1.96 4.31 (1.48) 2.61 5.03 9.03 13.02 11.56 14.07
Net income (65) (12) 21 (9) 13 25 53 74 49 74
Depreciation 130 23 19 26 17 18 15 13 17 28
Per share, $
Per share, $ Revenue 41.95 40.86 45.25 40.09 37.78 43.82 52.18 50.08 42.39 53.44
Earnings (5.25) (0.97) 1.73 (0.71) 1.05 2.02 4.24 5.83 3.28 4.91
Cash flow 3.24 2.00 0.83 1.99 3.74 0.37 3.21 8.48 5.87 6.38
Capex (0.20) (0.53) (0.95) (0.33) (0.12) (0.17) (0.56) (0.48) (1.05) (0.33)
Free cash flow 3.04 1.48 (0.12) 1.66 3.62 0.21 2.65 8.00 4.82 6.05
Book value 13.29 13.13 14.57 13.68 15.07 16.83 20.93 26.66 28.58 33.66
Shares, m 12 12 12 12 12 12 13 13 13 13
Valuation, ×
Valuation, × P/E 0.00 0.00 10.71 0.00 14.31 6.50 7.72 11.19 25.22 34.55
P/S 0.77 0.61 0.41 0.51 0.40 0.30 0.63 1.30 1.95 3.17
P/B 2.42 1.90 1.26 1.50 1.00 0.77 1.57 2.45 2.89 5.04
EV/Sales 0.90 0.72 0.52 0.66 0.46 0.40 0.68 1.21 2.38 3.39
EV/FCF 12.47 19.89 (199.61) 15.87 4.84 85.53 13.34 7.58 20.91 30.00
Cash, $m
Cash, $m Operating cash flow 39 24 10 24 46 5 40 108 74 81
Capex (2) (6) (12) (4) (2) (2) (7) (6) (13) (4)
Free cash flow 36 18 (1) 20 45 3 33 102 61 76
Balance, $m
Balance, $m Working capital 163 179 184 193 193 217 245 271 245 257
Total debt 141 123 114 144 116 113 95 60 292 198
Net debt 68 53 60 71 31 51 25 (67) 223 140
Shareholders’ equity 158 158 176 168 186 209 262 341 361 426
Returns, %
Returns, % ROA (12.90) (2.77) 4.73 (1.92) 2.77 5.14 9.83 13.04 5.38 6.53
ROIC (21.13) 5.14 7.11 (0.42) 5.39 7.53 14.18 20.09 6.88 12.27
ROE (33.12) (7.52) 12.38 (5.08) 7.23 12.58 22.37 24.49 11.68 15.66
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Bel Fuse Inc. vs peers in Electronic Components (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
BELFA Bel Fuse Inc. $3.4B 49.8× 32.7× +25.18% (above 0%: growing) −11.33% (below 0%: shrinking) −27.35% (below 0%: shrinking) 39.85% 18.24% Compare
BELFB Bel Fuse Inc. $3.4B 59.1× 32.7× +25.18% (above 0%: growing) −11.68% (below 0%: shrinking) −27.35% (below 0%: shrinking) 39.85% 18.24%
OLED Universal Display Corporation $3.4B 18.1× 20.1× −11.43% (below 0%: shrinking) −24.82% (below 0%: shrinking) −45.68% (below 0%: shrinking) 75.82% 35.26% Compare
KN Knowles Corporation $3.2B 47.5× 46.6× +14.32% (above 0%: growing) +155.56% (above 0%: growing) −30.67% (below 0%: shrinking) 44.72% 14.81% Compare
OSIS OSI Systems, Inc. $3.1B 21.6× 18.5× −4.14% (below 0%: shrinking) +7.92% (above 0%: growing) +1,853.69% (above 0%: growing) 34.70% 15.26% Compare
BHE Benchmark Electronics, Inc. $2.9B 55.0× 41.3× +17.69% (above 0%: growing) +1,733.33% (above 0%: growing) +244.06% (above 0%: growing) 10.37% 4.00% Compare
OUST Ouster, Inc. $2.9B — (loss-making) — (loss-making) +55.86% (above 0%: growing) n/m −600.91% (below 0%: shrinking) 48.85% (36.69%) Compare
ROG Rogers Corporation $2.7B 84.2× 42.6× +6.90% (above 0%: growing) n/m +226.79% (above 0%: growing) 32.47% 9.23% Compare
ALNT Allient Inc. $1.9B 64.3× 47.2× +10.17% (above 0%: growing) +82.35% (above 0%: growing) −59.55% (below 0%: shrinking) 34.85% 10.15% Compare
Median of peers $3.0B 49.8× 41.3× +12.25% +45.14% −29.01% 37.35% 12.48%

All 49 Electronic Components stocks →

Bel Fuse Inc. (BELFB) key facts

  • Strength: Bel Fuse Inc.’s revenue for fiscal 2025 (year ended December 2025) was $675.5 million, up 26.3% from fiscal 2024.
  • Strength: Net income was $74.1 million, or $4.91 per share (basic), a net margin of 9.11%.
  • Bel Fuse Inc. (BELFB) is an Electronic Components company in the Technology sector, listed on Nasdaq.
  • As of October 9, 2026, BELFB traded at $244.50, a market capitalization of $3.4 billion.
  • At that price the stock trades at 59.1× trailing-twelve-month earnings and 4.5× sales; its P/E is higher than 91% of its own readings over the past ten years.
  • Bel Fuse Inc. pays an annual dividend of $0.35 per share, a yield of 0.14%, with a payout ratio of 8.45%.
  • Return on equity was 15.7% and debt-to-equity 0.00.
  • Its Piotroski F-score is 8 out of 9 and its Altman Z-score is 4.57 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Bel Fuse Inc. (BELFB) Latest News

No news at this impact. Lower the threshold for more.
stockrow.com/BELFB · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com