Bel Fuse Inc. (BELFB) Key Metrics
BELFB valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $3.00B
- Enterprise value
- $3.29B
- P/E (TTM)
- 50.8 10-yr median 11.6
- Forward P/E
- 26.5
- PEG ratio
- 1.76
- Price / sales
- 4.0 10-yr median 0.7
- Price / book
- 4.0 10-yr median 1.9
- EV / EBITDA
- 25.1 10-yr median 8.1
- Dividend yield
- 0.12% $0.28 a year
- Beta
- 1.37
BELFB key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsBELFB valuation Price multiples at each fiscal year-end price.
BELFB returns How much profit the business earns on the capital it uses.
BELFB per-share figures Results divided by the shares outstanding at year-end.
BELFB financial health Debt, liquidity and how easily interest is covered.
BELFB efficiency & capital use Working capital cycle and where the cash goes.
BELFB valuation history
BELFB returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
BELFB debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
BELFB cash returned to shareholders
BELFB price vs earnings per share
BELFB key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $2.13B | $1.03B | $853.1M | $469.7M | $182.5M | $210.8M | $286.4M | $223.1M | $303.0M | $368.5M |
| Enterprise value | $2.29B | $1.28B | $808.2M | $518.1M | $254.8M | $256.1M | $376.9M | $283.4M | $356.3M | $436.3M |
| P/E ratio | 34.5 | 25.3 | 11.6 | 8.9 | 7.4 | 16.5 | — | 10.8 | — | — |
| Price / sales | 3.1 | 1.9 | 1.3 | 0.7 | 0.3 | 0.5 | 0.6 | 0.4 | 0.6 | 0.7 |
| Price / book | 5.0 | 2.9 | 2.5 | 1.8 | 0.9 | 1.1 | 1.7 | 1.3 | 1.9 | 2.3 |
| Price / free cash flow | 31.3 | 17.3 | 8.9 | 14.9 | — | 5.2 | 19.7 | — | 17.1 | 12.1 |
| Price / operating cash flow | 26.6 | 14.0 | 7.9 | 11.7 | 39.4 | 4.6 | 11.7 | 22.1 | 12.6 | 9.5 |
| EV / sales | 3.4 | 2.4 | 1.3 | 0.8 | 0.5 | 0.5 | 0.8 | 0.5 | 0.7 | 0.9 |
| EV / EBITDA | 16.8 | 15.6 | 8.1 | 6.7 | 5.3 | 7.7 | 25.8 | 6.4 | 8.9 | — |
| EV / free cash flow | 33.7 | 21.4 | 8.4 | 16.5 | — | 6.3 | 25.9 | — | 20.1 | 14.4 |
| Earnings yield | 2.9% | 4.0% | 8.7% | 11.2% | 13.6% | 6.1% | −3.1% | 9.3% | −3.9% | −17.6% |
| Free cash flow yield | 3.2% | 5.8% | 11.3% | 6.7% | −2.6% | 19.3% | 5.1% | −0.7% | 5.8% | 8.2% |
| Dividend yield | 0.2% | 0.3% | 0.4% | 0.7% | 1.9% | 1.6% | 1.2% | 1.5% | 1.1% | 0.9% |
| Shareholder yield (dividends + buybacks) | 0.2% | 1.9% | 0.4% | 0.8% | 1.9% | 1.6% | 1.3% | 1.5% | 1.1% | 0.9% |
| Share price at fiscal year-end | $169.63 | $82.47 | $66.77 | $32.92 | $12.93 | $15.03 | $20.50 | $18.42 | $25.18 | $30.90 |
| Per share | ||||||||||
| Revenue per share | $53.92 | $42.62 | $50.08 | $45.85 | $38.51 | $33.20 | $35.25 | $45.25 | $40.86 | $41.95 |
| Earnings per share | $4.91 | $3.26 | $5.78 | $3.69 | $1.76 | $0.91 | −$0.63 | $1.71 | −$0.99 | −$5.44 |
| Operating cash flow per share | $6.38 | $5.90 | $8.48 | $2.82 | $0.33 | $3.29 | $1.75 | $0.83 | $2.00 | $3.24 |
| Free cash flow per share | $5.42 | $4.78 | $7.53 | $2.20 | −$0.34 | $2.90 | $1.04 | −$0.12 | $1.47 | $2.55 |
| Cash per share | $4.61 | $5.52 | $9.93 | $4.92 | $4.38 | $6.06 | $5.17 | $4.45 | $5.76 | $6.16 |
| Book value per share | $33.96 | $28.74 | $26.66 | $18.39 | $14.79 | $13.25 | $12.03 | $14.57 | $13.13 | $13.29 |
| Tangible book value per share | −$0.58 | −$6.33 | $20.70 | $12.83 | $8.58 | $6.85 | $5.28 | $7.76 | $5.69 | $5.51 |
| Dividends per share | $0.28 | $0.28 | $0.27 | $0.24 | $0.24 | $0.24 | $0.24 | $0.27 | $0.27 | $0.27 |
| Capex per share | $0.96 | $1.12 | $0.95 | $0.62 | $0.67 | $0.39 | $0.71 | $0.96 | $0.53 | $0.69 |
| Debt per share | $17.67 | $25.36 | $6.43 | $8.32 | $9.50 | $9.28 | $11.66 | $9.43 | $10.20 | $11.85 |
| Shares outstanding | 12.5M | 12.5M | 12.8M | 14.3M | 14.1M | 14.0M | 14.0M | 12.1M | 12.0M | 11.9M |
| Change in shares outstanding | −0.2% | −1.8% | −10.5% | +1.1% | +0.6% | +0.4% | +15.3% | +0.7% | +0.9% | +0.4% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 15.7% | 11.7% | 24.5% | 22.4% | 12.6% | 7.2% | −5.1% | 12.4% | −7.5% | −33.1% |
| Return on invested capital (ROIC) | 14.0% | 11.3% | 25.7% | 19.6% | 11.1% | 7.6% | 2.5% | 11.6% | 3.7% | −21.5% |
| Return on assets (ROA) | 6.5% | 5.4% | 13.0% | 9.8% | 5.1% | 2.8% | −1.9% | 4.7% | −2.8% | −12.8% |
| Return on tangible assets | 12.2% | 8.0% | 14.9% | 10.9% | 5.9% | 3.5% | −2.3% | 5.7% | −3.5% | −19.4% |
| Free cash flow margin | 10.1% | 11.2% | 15.0% | 4.8% | −0.9% | 8.7% | 3.0% | −0.3% | 3.6% | 6.1% |
| Income quality (OCF / net income) | 1.30 | 1.81 | 1.47 | 0.76 | 0.19 | 3.60 | — | 0.49 | — | — |
| Financial health | ||||||||||
| Total debt | $221.4M | $318.2M | $82.1M | $118.7M | $134.0M | $130.2M | $162.8M | $114.2M | $122.7M | $141.2M |
| Cash & short-term investments | $57.8M | $69.2M | $126.9M | $70.3M | $61.8M | $84.9M | $72.3M | $53.9M | $69.4M | $73.4M |
| Net debt | $163.6M | $249.0M | −$44.8M | $48.4M | $72.3M | $45.3M | $90.5M | $60.3M | $53.3M | $67.8M |
| Debt / equity | 0.52 | 0.88 | 0.24 | 0.45 | 0.64 | 0.70 | 0.97 | 0.65 | 0.78 | 0.89 |
| Debt / assets | 0.24 | 0.34 | 0.14 | 0.21 | 0.26 | 0.29 | 0.35 | 0.26 | 0.28 | 0.33 |
| Net debt / EBITDA | 1.20 | 3.02 | −0.45 | 0.63 | 1.51 | 1.36 | 6.19 | 1.36 | 1.33 | — |
| Current ratio | 3.02 | 2.92 | 3.45 | 2.80 | 2.94 | 3.20 | 3.14 | 2.74 | 3.05 | 2.77 |
| Quick ratio | 1.71 | 1.66 | 2.21 | 1.53 | 1.69 | 2.06 | 1.95 | 1.61 | 1.81 | 1.70 |
| Interest coverage | 7.3 | 15.8 | 30.9 | 19.3 | 8.8 | 3.9 | 1.4 | 5.6 | 2.4 | -11.5 |
| Working capital | $257.3M | $245.5M | $270.9M | $245.1M | $217.0M | $192.7M | $193.0M | $184.5M | $178.8M | $163.1M |
| Invested capital | $589.1M | $609.6M | $295.7M | $310.7M | $281.0M | $231.1M | $258.6M | $236.8M | $211.3M | $226.3M |
| Tangible asset value | $85.9M | $1.2M | $264.5M | $183.1M | $121.1M | $96.0M | $73.7M | $94.0M | $68.4M | $65.7M |
| Net current asset value | −$31.8M | −$135.1M | $150.4M | $83.3M | $25.9M | $12.1M | −$17.7M | $23.5M | −$7.2M | −$12.9M |
| Graham number | $61.27 | $45.94 | $58.87 | $39.08 | $24.19 | $16.49 | — | $23.67 | — | — |
| Graham net-net per share | −$14.10 | −$21.64 | $2.88 | −$3.33 | −$6.03 | −$4.91 | −$7.56 | −$5.97 | −$7.56 | −$7.52 |
| Capital allocation | ||||||||||
| Dividends paid | $3.5M | $3.5M | $3.5M | $3.4M | $3.4M | $3.4M | $3.4M | $3.3M | $3.3M | $3.2M |
| Share buybacks (net) | $0 | $16.1M | $105,000 | $349,000 | $0 | $0 | $448,000 | — | $0 | $0 |
| Dividend payout ratio | 5.6% | 8.4% | 4.7% | 6.5% | 13.6% | 26.3% | — | 15.9% | — | — |
| Dividends + buybacks / free cash flow | 5.1% | 32.5% | 3.7% | 12.0% | — | 8.3% | 26.1% | — | 18.5% | 10.7% |
| Capex / revenue | 1.8% | 2.6% | 1.9% | 1.3% | 1.7% | 1.2% | 2.0% | 2.1% | 1.3% | 1.6% |
| Capex / operating cash flow | 15.0% | 19.0% | 11.2% | 21.9% | 202.9% | 11.9% | 40.5% | 114.8% | 26.6% | 21.3% |
| Capex / depreciation | 0.45 | 0.86 | 0.91 | 0.59 | 0.56 | 0.33 | 0.60 | 0.64 | 0.31 | 0.38 |
| Stock-based compensation / revenue | 1.0% | 0.7% | 0.5% | 0.4% | 0.4% | 0.5% | 0.6% | 0.5% | 0.6% | 0.6% |
| R&D / revenue | 4.6% | 4.4% | 3.5% | 3.1% | 4.0% | 5.1% | 5.5% | 5.4% | 5.9% | 5.3% |
| SG&A / revenue | 18.6% | 20.7% | 15.5% | 14.1% | 15.9% | 16.9% | 15.4% | 14.6% | 17.3% | 14.2% |
| Efficiency | ||||||||||
| Days sales outstanding | 66.9 | 72.8 | 63.4 | 67.2 | 67.5 | 69.7 | 74.2 | 62.1 | 56.9 | 58.6 |
| Days of inventory on hand | 145.9 | 163.5 | 133.0 | 120.9 | 106.8 | 109.4 | 108.7 | 94.8 | 96.8 | 90.0 |
| Days payables outstanding | 45.4 | 49.2 | 45.2 | 50.6 | 47.2 | 44.3 | 48.0 | 43.3 | 44.6 | 44.2 |
| Cash conversion cycle (days) | 167.5 | 187.1 | 151.3 | 137.5 | 127.1 | 134.8 | 134.9 | 113.6 | 109.1 | 104.4 |
| Receivables turnover | 5.46 | 5.01 | 5.75 | 5.43 | 5.41 | 5.24 | 4.92 | 5.88 | 6.42 | 6.23 |
| Payables turnover | 8.05 | 7.42 | 8.07 | 7.21 | 7.74 | 8.24 | 7.61 | 8.42 | 8.19 | 8.25 |
| Inventory turnover | 2.50 | 2.23 | 2.74 | 3.02 | 3.42 | 3.34 | 3.36 | 3.85 | 3.77 | 4.06 |
| Asset turnover | 0.72 | 0.70 | 1.13 | 1.22 | 1.13 | 1.01 | 1.08 | 1.25 | 1.15 | 0.99 |
| Average receivables | $123.8M | $106.6M | $111.2M | $120.5M | $100.5M | $89.0M | $100.1M | $93.3M | $76.6M | $80.3M |
| Average payables | $51.1M | $44.8M | $52.5M | $65.3M | $52.9M | $42.0M | $50.2M | $52.1M | $47.6M | $48.5M |
| Average inventory | $164.3M | $149.0M | $154.5M | $155.9M | $119.8M | $103.7M | $113.7M | $113.9M | $103.3M | $98.7M |
| Intangibles / total assets | 46.3% | 46.3% | 13.3% | 14.1% | 17.1% | 19.8% | 20.1% | 18.6% | 20.8% | 21.7% |
Computed from BELFB's annual financial statements (latest annual report filed February 24, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
BELFB valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Bel Fuse traded at 34.5 times earnings, against a 10-year median of 11.6. Based on the latest twelve months, the trailing P/E is 50.8 and the forward P/E is 26.5. Bel Fuse earned a return on equity of 15.7% and a return on invested capital of 14.0% in fiscal 2025. It ended the year with $221.4 million of debt and $57.8 million in cash and short-term investments, net debt of $163.6 million. It returned $3.5 million to shareholders: $3.5 million in dividends and $0 in share buybacks, 5% of free cash flow. The share count rose 5.1% from 11.9M to 12.5M over 9 years.
See the BELFB income statement, the BELFB chart for price history, or the BELFB stock overview for the latest quote and news.
BELFB key metrics FAQ
What is Bel Fuse's P/E ratio?
Bel Fuse's trailing P/E ratio is 50.8 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 26.5. At the end of fiscal 2025 it was 34.5, compared with a 10-year median of 11.6.
What is Bel Fuse's EV/EBITDA?
Bel Fuse's enterprise value was 16.8 times EBITDA at the end of fiscal 2025 (enterprise value $2.3 billion, EBITDA $136.4 million); the current EV/EBITDA is 25.1.
What is Bel Fuse's return on equity?
Bel Fuse's return on equity (ROE) was 15.7% in fiscal 2025: net income of $61.5 million on average shareholders' equity of $393.0 million.
What is Bel Fuse's ROIC?
Bel Fuse's return on invested capital was 14.0% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Bel Fuse have?
Bel Fuse had total debt of $221.4 million at the end of fiscal 2025, a debt-to-equity ratio of 0.52 and $163.6 million of net debt (1.20 times EBITDA).
What is Bel Fuse's dividend yield?
Bel Fuse's forward dividend yield is 0.12%. Bel Fuse paid $3.5 million in dividends in fiscal 2025 ($0.28 per share), a payout ratio of 5.6%.
What is Bel Fuse's free cash flow yield?
Bel Fuse generated $67.9 million of free cash flow in fiscal 2025, a free cash flow yield of 3.2% on its market value at year-end ($2.1 billion).
What is Bel Fuse's current ratio?
Bel Fuse's current ratio was 3.02 at the end of fiscal 2025: current assets were 3.02 times current liabilities.