Bel Fuse (BELFA) | Financial Analysis & Statements

Bel Fuse Inc. | Small-cap | Technology

$90.45

-3.20%

Bel Fuse vs Amphenol Bel Fuse vs TE Connectivity Bel Fuse vs Knowles Bel Fuse vs Benchmark Bel Fuse vs Cts Bel Fuse vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 534.8M

Gross Profit 202.4M 37.84%

Operating Income 68.2M 12.74%

Net Income 49.2M 9.20%

EPS (Diluted) $3.09

Balance Sheet Metrics

Total Assets 949.8M

Total Liabilities 508.6M

Shareholders Equity 441.2M

Debt to Equity 1.15

Cash Flow Metrics

Operating Cash Flow 80.5M

Free Cash Flow 60.0M

Revenue & Profitability Trend

Bel Fuse Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	534.8M	639.8M	654.2M	543.5M	465.8M
Cost of Goods Sold	332.4M	424.0M	470.8M	409.1M	346.0M
Gross Profit	202.4M	215.8M	183.5M	134.4M	119.7M
Operating Expenses	134.2M	121.6M	112.6M	108.5M	102.3M
Operating Income	68.2M	94.3M	70.9M	25.9M	17.4M
Pre-tax Income	61.8M	83.3M	59.1M	27.3M	12.1M
Income Tax	12.6M	9.5M	6.4M	2.5M	-659.0K
Net Income	49.2M	73.8M	52.7M	24.8M	12.8M
EPS (Diluted)	$3.09	$5.83	$4.24	$2.02	$0.97

Income Statement Trend

Bel Fuse Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	373.5M	381.5M	381.4M	329.0M	280.2M
Non-Current Assets	576.3M	190.2M	179.1M	182.8M	173.6M
Total Assets	949.8M	571.6M	560.5M	511.8M	453.9M
Liabilities
Current Liabilities	128.1M	110.6M	136.3M	112.0M	87.5M
Non-Current Liabilities	380.6M	120.5M	161.8M	191.1M	180.5M
Total Liabilities	508.6M	231.1M	298.1M	303.1M	268.1M
Equity
Total Shareholders Equity	441.2M	340.6M	262.3M	208.7M	185.8M

Balance Sheet Composition

Bel Fuse Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	49.2M	73.8M	52.7M	24.8M	12.8M
Operating Cash Flow	80.5M	110.9M	29.5M	6.8M	42.8M
Investing Activities
Capital Expenditures	-13.2M	-6.1M	-7.0M	-2.1M	-1.5M
Investing Cash Flow	-297.9M	-53.5M	-7.0M	-18.9M	-1.5M
Financing Activities
Dividends Paid	-3.5M	-3.5M	-3.4M	-3.4M	-3.4M
Financing Cash Flow	206.3M	-78.6M	-38.8M	-8.4M	-32.1M
Free Cash Flow	60.0M	96.2M	31.4M	-4.8M	40.6M

Cash Flow Trend

Bel Fuse Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 24.62

Forward P/E 16.43

Price to Book 2.71

Price to Sales 2.01

PEG Ratio 16.43

Profitability Ratios

Profit Margin 7.69%

Operating Margin 14.38%

Return on Equity 12.84%

Return on Assets 7.04%

Financial Health

Current Ratio 3.31

Debt to Equity 67.89

Beta 1.06

Per Share Data

EPS (TTM) $3.27

Book Value per Share $29.75

Revenue per Share $44.46

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
belfa	1.1B	24.62	2.71	12.84%	7.69%	67.89
Amphenol	115.2B	46.24	11.18	27.53%	15.57%	69.10
TE Connectivity	49.2B	36.05	4.08	11.22%	8.67%	46.48
Knowles	1.5B	64.89	2.03	2.68%	-43.86%	27.76
Benchmark	1.4B	26.13	1.23	4.84%	2.03%	36.22
Cts	1.3B	21.41	2.35	11.39%	11.70%	20.89

Financial data is updated regularly. All figures are in the company's reporting currency.