Market cap
$2,728 Mln
Revenue (TTM)
$786 Mln
P/E Ratio
43.8
P/B Ratio
2.9
Div. Yield
0.1 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 4.66 | 23.20 | 20.98 | 5.50 | 8.92 |
| EBIT | 21.15 | 47.67 | 9.93 | 9.24 | 35.73 |
| Net Profit | 60.66 | 73.68 | -18.96 | -6.33 | 22.64 |
| EPS | 11.52 | 48.95 | 5.00 | -2.65 | 27.24 |
| Book Value | -- | -- | 19.81 | 18.40 | 18.03 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 14.01 | 11.45 | 15.04 | 16.26 | 12.32 |
| Net Margin
| -- | 6.33 | 9.71 | -- | -- |
| Return on equity
| 17.28 | 17.36 | 7.62 | 15.66 | 11.68 |
| Return on Capital
| 11.70 | 11.44 | -- | 9.28 | 7.44 |
| Return on Assets
| 8.32 | 7.98 | 4.86 | 6.53 | 5.38 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.52 | 0.88 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bel Fuse A Inc (BELFA)
|
--
|
9.28
|
7.44
|
18.37
|
14.56
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
7.62
Lower than Peers by 7.12
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bel Fuse A Inc (BELFA)
|
7.62
|
15.66
|
11.68
|
24.49
|
22.37
|
|
Peer Median
|
14.73
|
--
|
--
|
--
|
--
|
ROA
4.86
Lower than Peers by 0.66
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bel Fuse A Inc (BELFA)
|
4.86
|
6.53
|
5.38
|
13.04
|
9.83
|
|
Peer Median
|
5.52
|
--
|
--
|
--
|
--
|
EBIT Margin
15.04
Higher than Peers by 2.71
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bel Fuse A Inc (BELFA)
|
15.04
|
16.26
|
12.32
|
13.46
|
9.54
|
|
Peer Median
|
12.33
|
--
|
--
|
--
|
--
|
Net Margin
9.71
Higher than Peers by 0.77
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bel Fuse A Inc (BELFA)
|
9.71
|
9.11
|
7.66
|
11.54
|
8.09
|
|
Peer Median
|
8.93
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bel Fuse A Inc (BELFA)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
20.98
Higher than Peers by 16.91
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bel Fuse A Inc (BELFA)
|
20.98
|
0.26
|
-0.16
|
-0.02
|
0.20
|
|
Peer Median
|
4.08
|
--
|
--
|
--
|
--
|
EBIT Growth
9.93
Higher than Peers by 4.81
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bel Fuse A Inc (BELFA)
|
9.93
|
66.65
|
-23.52
|
37.98
|
102.27
|
|
Peer Median
|
5.11
|
--
|
--
|
--
|
--
|
Net Profit Growth
-18.96
Lower than Peers by 27.38
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bel Fuse A Inc (BELFA)
|
-18.96
|
50.23
|
-44.52
|
40.13
|
112.28
|
|
Peer Median
|
8.42
|
--
|
--
|
--
|
--
|
EPS Growth
5.00
Lower than Peers by 5.99
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bel Fuse A Inc (BELFA)
|
5.00
|
0.53
|
-0.44
|
0.39
|
1.09
|
|
Peer Median
|
10.99
|
--
|
--
|
--
|
--
|
Book Value Growth
89.74
Higher than Peers by 80.13
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bel Fuse A Inc (BELFA)
|
89.74
|
--
|
--
|
--
|
--
|
|
Peer Median
|
9.61
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bel Fuse A Inc (BELFA)
|
--
|
0.52
|
0.88
|
0.24
|
0.45
|
|
Peer Median
|
0.46
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.01
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bel Fuse A Inc (BELFA)
|
0.01
|
0.02
|
0.02
|
0.02
|
0.02
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
4.43
Higher than Peers by 2.40
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bel Fuse A Inc (BELFA)
|
4.43
|
3.02
|
2.92
|
3.45
|
2.80
|
|
Peer Median
|
2.03
|
--
|
--
|
--
|
--
|
Quick Ratio
3.10
Higher than Peers by 1.83
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bel Fuse A Inc (BELFA)
|
3.10
|
1.71
|
1.66
|
2.21
|
1.53
|
|
Peer Median
|
1.27
|
--
|
--
|
--
|
--
|
Interest Coverage
16.15
Higher than Peers by 6.89
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bel Fuse A Inc (BELFA)
|
16.15
|
7.44
|
16.16
|
30.23
|
18.48
|
|
Peer Median
|
9.26
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
19.88
Higher than Peers by 2.41
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bel Fuse A Inc (BELFA)
|
19.88
|
19.43
|
21.76
|
15.15
|
19.19
|
|
Peer Median
|
17.47
|
--
|
--
|
--
|
--
|
Asset Turnover
0.50
Lower than Peers by 0.13
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bel Fuse A Inc (BELFA)
|
0.50
|
0.72
|
0.70
|
1.13
|
1.22
|
|
Peer Median
|
0.63
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bel Fuse A Inc (BELFA)
|
--
|
66.95
|
72.84
|
63.49
|
67.25
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bel Fuse A Inc (BELFA)
|
--
|
146.02
|
163.66
|
133.11
|
120.97
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bel Fuse A Inc (BELFA)
|
--
|
45.40
|
49.24
|
45.24
|
50.64
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bel Fuse A Inc (BELFA)
|
--
|
167.57
|
187.26
|
151.36
|
137.58
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
43.83
Higher than Peers by 8.35
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bel Fuse A Inc (BELFA)
|
43.83
|
30.48
|
27.59
|
11.18
|
7.72
|
|
Peer Median
|
35.47
|
--
|
--
|
--
|
--
|
Price / Book Value
2.92
Lower than Peers by 1.36
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bel Fuse A Inc (BELFA)
|
2.92
|
4.41
|
3.13
|
2.42
|
1.55
|
|
Peer Median
|
4.28
|
--
|
--
|
--
|
--
|
Dividend Yield
0.13
Lower than Peers by 0.04
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bel Fuse A Inc (BELFA)
|
0.13
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.17
|
--
|
--
|
--
|
--
|
EV/EBITDA
20.55
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bel Fuse A Inc (BELFA)
|
20.55
|
14.95
|
16.75
|
7.85
|
5.89
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
2,728
Higher than Peers by 1,537
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bel Fuse A Inc (BELFA)
|
2,728
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1,191
|
--
|
--
|
--
|
--
|