AI Spotlight on BELFA
Company Description
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, e-Mobility and broadcasting, and consumer electronic industries in the United States, Macao, the United Kingdom, Slovakia, Germany, Switzerland, and internationally.It offers magnetic products, such as integrated connector modules; power transformers; SMD power inductors and SMPS transformers; and ethernet discrete components.
The company also provides power solutions and protection products comprising front-end power supplies; board-mount power; industrial power; external power; and circuit protection products.In addition, it offers connectivity solutions, which includes expanded beam fiber optic connectors, cable assemblies, and active optical devices; copper-based connectors/cable assemblies; radio frequency connectors, cable assemblies, microwave devices, and low loss cables; and ethernet, I/O, and industrial and power connectivity.The company sells its products under the Bel, TRP Connector, MagJack, Signal, Bel Power Solutions, Melcher, CUI, Stratos, Fibreco, Cinch, Johnson, Trompeter, Midwest Microwave, Semflex, and Stewart Connector brands through direct strategic account managers, regional sales managers working with independent sales representative organizations, and authorized distributors.
Bel Fuse Inc.was incorporated in 1949 and is headquartered in Jersey City, New Jersey.
Market Data
Last Price | 89.82 |
Change Percentage | 2.66% |
Open | 88 |
Previous Close | 87.49 |
Market Cap ( Millions) | 1081 |
Volume | 17593 |
Year High | 106.93 |
Year Low | 51 |
M A 50 | 92.64 |
M A 200 | 87.83 |
Financial Ratios
FCF Yield | 7.97% |
Dividend Yield | 0.34% |
ROE | 15.53% |
Debt / Equity | 22.66% |
Net Debt / EBIDTA | -59.01% |
Price To Book | 2.77 |
Price Earnings Ratio | 18.6 |
Price To FCF | 12.54 |
Price To sales | 1.97 |
EV / EBITDA | 11.35 |
News
- Jan -03 - Bel Fuse Announces Virtual Participation in the 27th Annual Needham Growth Conference
- Dec -02 - Bel Fuse Announces Upcoming Investor Conference Schedule for December 2024
- Nov -14 - Bel Closes Its Previously Announced Acquisition of Enercon Technologies
- Oct -29 - Bel Fuse Inc. Announces Regular Quarterly CashΒ Dividend on its Class A and Class B Shares
- Oct -24 - Bel Fuse Inc. (BELFB) Q3 2024 Earnings Call Transcript
- Oct -23 - Bel Reports Third QuarterΒ 2024 Results
- Oct -14 - Bel Announces Appointment ofΒ Umasankar (βUmaβ) PingaliΒ as Global Head of Sales and Marketing
- Oct -09 - Bel Fuse Schedules Third Quarter 2024 Financial Results Conference Call
- Sep -19 - Bel Announces Agreement to Acquire Enercon Technologies
- Sep -10 - Bel Fuse: Still Undervalued, Even After The Stock's Strong Run
- Aug -02 - Bel Fuse Stock: Inventory Issues Persist (Rating Downgrade)
- Aug -01 - Bel Fuse Inc. Announces Regular Quarterly Cash Dividend on its Class A and Class B Shares
- Jul -24 - Bel Reports Second QuarterΒ 2024 Results
- Jul -10 - Bel Fuse Schedules Second Quarter 2024 Financial Results Conference Call
- Jul -01 - Bel Announces Retirement of Dennis Ackerman;Β Steve Dawson Appointed as President of Bel's Power and Protection Segment
- May -31 - Bel Fuse Announces Upcoming Investor Conference Schedule for June 2024
- May -03 - Bel Fuse Announces Upcoming Investor Conference Schedule for May 2024
- Apr -30 - Bel Fuse Inc. Announces Regular Quarterly Cash Dividend on its Class A and Class B Shares
- Apr -27 - Bel Fuse Inc. (BELFB) Q1 2024 Earnings Call Transcript
- Apr -25 - Bel Reports First QuarterΒ 2024 Results
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Power Solutions and Protection
Expected Growth : 8.5 %
What the company do ?
Bel Fuse Inc.'s Power Solutions and Protection segment offers a range of products, including magnetics, power supplies, and circuit protection devices, designed to provide reliable and efficient power management solutions.
Why we expect these perspectives ?
Bel Fuse Inc.'s Power Solutions and Protection segment growth of 8.5% is driven by increasing demand for reliable power supplies in data centers, electric vehicles, and renewable energy systems. Additionally, the rising need for efficient power management and protection in industrial and consumer electronics, as well as the growing adoption of 5G and IoT technologies, contribute to the segment's growth.
Segment nΒ°2 -> Connectivity Solutions
Expected Growth : 9.27 %
What the company do ?
Bel Fuse Inc.'s Connectivity Solutions provide a range of connectors, cables, and assemblies for reliable data transmission and power distribution in various industries.
Why we expect these perspectives ?
Bel Fuse's Connectivity Solutions segment growth is driven by increasing demand for high-speed data transmission in cloud computing, 5G infrastructure, and IoT devices. Additionally, the rising need for reliable and efficient connectivity in electric and autonomous vehicles, as well as growing adoption of Industry 4.0 technologies, contribute to the 9.27% growth.
Segment nΒ°3 -> Magnetic Solutions
Expected Growth : 8.5 %
What the company do ?
Magnetic Solutions from Bel Fuse Inc. provide high-reliability magnetics, including transformers, inductors, and chokes for power conversion and filtering applications.
Why we expect these perspectives ?
Magnetic Solutions from Bel Fuse Inc. achieves 8.5% growth driven by increasing demand for high-reliability power magnetics in electric vehicles, data centers, and renewable energy systems. Additionally, the company's strategic acquisitions and investments in research and development enable it to capitalize on emerging trends in 5G, IoT, and industrial automation.
Bel Fuse Inc. Products
Product Range | What is it ? |
---|---|
MagJack Integrated Connector Modules | A series of integrated connector modules that combine the functionality of a RJ-45 connector with a transformer, common mode filter, and other components in a single package. |
DC-DC Converters | A range of DC-DC converters that provide isolated and regulated voltage conversion for various applications. |
Power Transformers | A series of power transformers designed for high-reliability applications, including switch-mode power supplies, DC-DC converters, and audio equipment. |
Inductors | A range of inductors designed for high-reliability applications, including power supplies, DC-DC converters, and EMI filters. |
Fuses | A range of fuses designed for high-reliability applications, including power supplies, DC-DC converters, and electrical systems. |
Circuit Protection | A range of circuit protection devices, including fuses, circuit breakers, and surge protectors, designed to protect electrical systems from overcurrent, overvoltage, and other faults. |
Connectors | A range of connectors designed for high-reliability applications, including I/O connectors, power connectors, and RF connectors. |
Bel Fuse Inc.'s Porter Forces
Threat Of Substitutes
Bel Fuse Inc. operates in a niche market with limited substitutes, but the threat of substitutes is still present due to the availability of alternative products from competitors.
Bargaining Power Of Customers
Bel Fuse Inc. has a diverse customer base, which reduces the bargaining power of individual customers. Additionally, the company's products are often customized, making it difficult for customers to switch to alternative suppliers.
Bargaining Power Of Suppliers
Bel Fuse Inc. relies on a few key suppliers for critical components, which gives these suppliers some bargaining power. However, the company's long-term relationships with suppliers and its diversified supply chain mitigate this risk.
Threat Of New Entrants
The barriers to entry in Bel Fuse Inc.'s industry are relatively high, including significant capital requirements and the need for specialized expertise. This limits the threat of new entrants.
Intensity Of Rivalry
The market for Bel Fuse Inc.'s products is highly competitive, with several established players competing for market share. The company must continually innovate and improve its products to maintain its competitive position.
Capital Structure
Value | |
---|---|
Debt Weight | 16.41% |
Debt Cost | 3.95% |
Equity Weight | 83.59% |
Equity Cost | 11.03% |
WACC | 9.87% |
Leverage | 19.63% |
Bel Fuse Inc. : Quality Control
Bel Fuse Inc. passed 9 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
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CTS | CTS Corporation manufactures and sells sensors, actuators, and connectivity components in North America, Europe, and Asia. The company provides sensors and actuators for use in passenger or commercial vehicles; connectivity β¦ |
DAKT | Daktronics, Inc. designs, manufactures, markets, and sells electronic display systems and related products worldwide. It operates through five segments: Commercial, Live Events, High School Park and Recreation, Transportation, and International. β¦ |
VPG | Vishay Precision Group, Inc. designs, manufactures, and markets specialized sensors, weighing solutions, and measurement systems in the United States, Israel, the United Kingdom, rest of Europe, Asia, and Canada. It β¦ |
LYTS | LSI Industries Inc. manufactures and sells non-residential lighting and retail display solutions in the United States, Canada, Mexico, Australia, and Latin America. It operates in two segments, Lighting and Display β¦ |
SGMA | SigmaTron International, Inc. operates as an independent provider of electronic manufacturing services (EMS). Its EMS services include printed circuit board assemblies and completely assembled (box-build) electronic products. The company also β¦ |