BE
Bel Fuse Inc
BELFB—
Bel Fuse Inc AI Insights
Informational only. Not investment advice.Snapshot
- EPS growth 154% (1yr) and 95% (5yr) vs industry median 13% - exceptional earnings momentum in electronic components[EPS Growth 1yr]
- Tangible book value is NEGATIVE (-8.1M) with goodwill at 50% of equity (214.6M) - asset quality concern[Tangible Book Value]
- Operating margin 14.4% TTM vs industry median 2.4% - 6x profitability advantage despite mid-cap scale[Operating Margin TTM]
Watch Triggers
- Inventory: Rises above 170M or inventory days increase >10% — Current 166M (26% of revenue) signals demand; buildup indicates slowdown
- Operating Margin TTM: Falls below 12% — Premium valuation depends on margin advantage; compression invalidates thesis
- Goodwill: Any impairment charge or acquisition announcement — At 50% of equity, impairment would materially impact book value
Bull Case
ROE 16.4% and ROIC 11.6% TTM with debt/equity 0.58 - capital-efficient compounder generating 10% net margins
ROE TTMROIC TTMNet Margin TTM
FCF 44.6M TTM (6.9% yield on EV) with low capex (2.3% of revenue) funds debt paydown and dividends
Free Cash Flow TTMCapital Expenditure TTM
Bear Case
P/E 42.8x vs industry median 34x with P/S 3.9x vs 3.0x - premium valuation requires continued execution
PE RatioPS Ratio
Goodwill 214.6M (50% of equity) creates impairment risk; tangible book negative at -8.1M
GoodwillTangible Book Value
Bull vs Bear Balance
AI-generated sentiment analysis based on fundamental metrics and market conditions.
55%
Leverage BELFB's top insights and create a custom strategy based on them in seconds. Our AI editor does it all — in one click.
Forward Thesis
Margin expansion likely to moderate as EPS growth (154%) vastly exceeds revenue scale
1-3ymed
- Revenue 649M near industry median 422M - limited scale advantage
- R&D at 4.6% of revenue below industry leaders
- Inventory 166M (26% of revenue) suggests demand normalization
Operating margin 14.4% vs 2.4% median - hard to expand furtherFCF 44.6M TTM down from prior periods implied by cash positionWorking capital 261M tied up in operations
Valuation Context
Caveats
Public Strategies Rankings
See how Bel Fuse Inc ranks across different investment strategies.
Leverage BELFB's top insights and create a custom strategy in seconds. Our AI editor does it all — in one click.
BELFB Fundamentals
Manufacturing → Computer and Electronic Product Manufacturing
| Metric | Value | YoY Growth | Industry Percentile |
|---|---|---|---|
$2.53B | — | ||
$2.73B | — | ||
43 | — | ||
$649.38M | +23.7% | — | |
$4.67 | +4.4% | — | |
14.4% | +0.3% | — | |
10.0% | -0.4% | — | |
$44.61M | -45.8% | — | |
0.16 | +0.5% | — | |
Beta 5Y (Monthly) | unknown | — |
BELFB Dividend History
105 dividends
2026
$0.070001/15/26$0.0700
2025
$0.280010/15/25$0.0700
07/15/25$0.0700
04/15/25$0.0700
01/15/25$0.0700
2024
$0.280010/15/24$0.0700
07/15/24$0.0700
04/12/24$0.0700
01/12/24$0.0700
2023
$0.280010/12/23$0.0700
07/13/23$0.0700
04/13/23$0.0700
01/12/23$0.0700
2022
$0.280010/13/22$0.0700
07/14/22$0.0700
04/14/22$0.0700
01/13/22$0.0700
2021
$0.280010/14/21$0.0700
07/14/21$0.0700
04/14/21$0.0700
01/14/21$0.0700
2020
$0.280010/14/20$0.0700
07/14/20$0.0700
04/14/20$0.0700
01/14/20$0.0700
2019
$0.280010/11/19$0.0700
07/12/19$0.0700
04/12/19$0.0700
01/14/19$0.0700
2018
$0.280010/12/18$0.0700
07/12/18$0.0700
04/12/18$0.0700
01/11/18$0.0700
2017
$0.280010/12/17$0.0700
07/12/17$0.0700
04/11/17$0.0700
01/11/17$0.0700
2016
$0.280010/12/16$0.0700
07/13/16$0.0700
04/13/16$0.0700
01/13/16$0.0700
2015
$0.280010/13/15$0.0700
07/13/15$0.0700
04/13/15$0.0700
01/13/15$0.0700
2014
$0.280010/10/14$0.0700
07/11/14$0.0700
04/11/14$0.0700
01/13/14$0.0700
2013
$0.280010/10/13$0.0700
07/11/13$0.0700
04/11/13$0.0700
01/11/13$0.0700
2012
$0.280010/11/12$0.0700
07/12/12$0.0700
04/12/12$0.0700
01/12/12$0.0700
2011
$0.280010/12/11$0.0700
07/13/11$0.0700
04/13/11$0.0700
01/12/11$0.0700
2010
$0.280010/13/10$0.0700
07/13/10$0.0700
04/13/10$0.0700
01/13/10$0.0700
2009
$0.280010/13/09$0.0700
07/13/09$0.0700
04/13/09$0.0700
01/13/09$0.0700
2008
$0.280010/10/08$0.0700
07/11/08$0.0700
04/11/08$0.0700
01/11/08$0.0700
2007
$0.220010/11/07$0.0700
07/11/07$0.0500
04/11/07$0.0500
01/10/07$0.0500
2006
$0.200010/11/06$0.0500
07/12/06$0.0500
04/11/06$0.0500
02/13/06$0.0500
2005
$0.200010/12/05$0.0500
07/13/05$0.0500
04/12/05$0.0500
01/12/05$0.0500
2004
$0.200010/13/04$0.0500
07/13/04$0.0500
04/13/04$0.0500
01/13/04$0.0500
2003
$0.200010/10/03$0.0500
07/11/03$0.0500
04/11/03$0.0500
01/09/03$0.0500
2002
$0.200010/09/02$0.0500
07/10/02$0.0500
04/10/02$0.0500
01/09/02$0.0500
2001
$0.200010/10/01$0.0500
07/11/01$0.0500
04/10/01$0.0500
01/09/01$0.0500
2000
$0.200010/02/00$0.0500
07/12/00$0.0500
04/12/00$0.0500
01/12/00$0.0500
BELFB Stock Splits
No stock splits
BELFB SEC Filings
| Filing Date | Report Date | Report Type | Filing Link |
|---|---|---|---|
11/04/25 | 09/30/25 | 10-Q | |
07/31/25 | 06/30/25 | 10-Q | |
05/01/25 | 03/31/25 | 10-Q | |
02/28/25 | 12/31/24 | 10-K | |
10/29/24 | 09/30/24 | 10-Q | |
07/31/24 | 06/30/24 | 10-Q | |
04/30/24 | 03/31/24 | 10-Q | |
03/11/24 | 12/31/23 | 10-K | |
11/03/23 | 09/30/23 | 10-Q | |
08/04/23 | 06/30/23 | 10-Q | |
05/05/23 | 03/31/23 | 10-Q | |
03/10/23 | 12/31/22 | 10-K | |
11/04/22 | 09/30/22 | 10-Q | |
08/05/22 | 06/30/22 | 10-Q | |
05/06/22 | 03/31/22 | 10-Q | |
03/14/22 | 12/31/21 | 10-K | |
11/05/21 | 09/30/21 | 10-Q | |
08/06/21 | 06/30/21 | 10-Q | |
05/10/21 | 03/31/21 | 10-Q | |
03/12/21 | 12/31/20 | 10-K | |
11/06/20 | 09/30/20 | 10-Q | |
08/10/20 | 06/30/20 | 10-Q | |
05/08/20 | 03/31/20 | 10-Q | |
03/25/20 | 12/31/19 | 10-K | |
11/12/19 | 09/30/19 | 10-Q | |
08/06/19 | 06/30/19 | 10-Q | |
05/09/19 | 03/31/19 | 10-Q | |
03/08/19 | 12/31/18 | 10-K | |
11/07/18 | 09/30/18 | 10-Q | |
08/07/18 | 06/30/18 | 10-Q | |
05/10/18 | 03/31/18 | 10-Q | |
03/09/18 | 12/31/17 | 10-K | |
11/06/17 | 09/30/17 | 10-Q | |
08/04/17 | 06/30/17 | 10-Q | |
05/05/17 | 03/31/17 | 10-Q | |
03/10/17 | 12/31/16 | 10-K | |
11/07/16 | 09/30/16 | 10-Q | |
08/04/16 | 06/30/16 | 10-Q | |
05/10/16 | 03/31/16 | 10-Q | |
03/11/16 | 12/31/15 | 10-K | |
11/06/15 | 09/30/15 | 10-Q | |
08/07/15 | 06/30/15 | 10-Q | |
05/08/15 | 03/31/15 | 10-Q | |
03/13/15 | 12/31/14 | 10-K | |
11/10/14 | 09/30/14 | 10-Q | |
08/11/14 | 06/30/14 | 10-Q | |
05/12/14 | 03/31/14 | 10-Q | |
03/13/14 | 12/31/13 | 10-K | |
11/08/13 | 09/30/13 | 10-Q | |
08/07/13 | 06/30/13 | 10-Q | |
05/09/13 | 03/31/13 | 10-Q | |
03/12/13 | 12/31/12 | 10-K | |
11/09/12 | 09/30/12 | 10-Q | |
08/06/12 | 06/30/12 | 10-Q | |
05/07/12 | 03/31/12 | 10-Q | |
03/12/12 | 12/31/11 | 10-K | |
11/04/11 | 09/30/11 | 10-Q | |
08/08/11 | 06/30/11 | 10-Q | |
05/06/11 | 03/31/11 | 10-Q | |
03/11/11 | 12/31/10 | 10-K | |
11/05/10 | 09/30/10 | 10-Q | |
08/06/10 | 06/30/10 | 10-Q | |
05/07/10 | 03/31/10 | 10-Q | |
03/12/10 | 12/31/09 | 10-K | |
11/06/09 | 09/30/09 | 10-Q | |
08/10/09 | 06/30/09 | 10-Q | |
05/11/09 | 03/31/09 | 10-Q | |
03/13/09 | 12/31/08 | 10-K | |
11/07/08 | 09/30/08 | 10-Q | |
08/08/08 | 06/30/08 | 10-Q | |
05/09/08 | 03/31/08 | 10-Q | |
03/17/08 | 12/31/07 | 10-K | |
11/09/07 | 09/30/07 | 10-Q | |
08/09/07 | 06/30/07 | 10-Q | |
05/10/07 | 03/31/07 | 10-Q | |
03/16/07 | 12/31/06 | 10-K | |
11/09/06 | 09/30/06 | 10-Q | |
08/09/06 | 06/30/06 | 10-Q | |
05/10/06 | 03/31/06 | 10-Q | |
03/16/06 | 12/31/05 | 10-K | |
11/09/05 | 09/30/05 | 10-Q | |
08/08/05 | 06/30/05 | 10-Q | |
05/10/05 | 03/31/05 | 10-Q | |
03/31/05 | 12/31/04 | NT 10-K | |
11/09/04 | 09/30/04 | 10-Q | |
08/09/04 | 06/30/04 | 10-Q | |
05/10/04 | 03/31/04 | 10-Q | |
03/12/04 | 12/31/03 | 10-K | |
11/13/03 | 09/30/03 | 10-Q | |
08/18/03 | 06/30/03 | NT 10-Q | |
05/12/03 | 03/31/03 | 10-Q | |
03/26/03 | 12/31/02 | 10-K | |
11/12/02 | 09/30/02 | 10-Q | |
08/12/02 | 06/30/02 | 10-Q | |
05/14/02 | 03/31/02 | 10-Q | |
03/28/02 | 12/31/01 | 10-K | |
11/09/01 | 09/30/01 | 10-Q | |
08/10/01 | 06/30/01 | 10-Q | |
05/10/01 | 03/31/01 | 10-Q | |
03/19/01 | 12/31/00 | 10-K | |
11/08/00 | 09/30/00 | 10-Q | |
08/10/00 | 06/30/00 | 10-Q | |
05/12/00 | 03/31/00 | 10-Q |