Company Analysis

Bel Fuse Inc. (BELFB)

Nasdaq: BELFB · Electronic Coils, Transformers & Other Inductors · West Orange, NJ · filing with the SEC since 1994
Grade5.0
◀ Past 4.0● Present 4.8▶ Future 6.2
1 est.

The grade of Bel Fuse Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.0/10
◀ Past4.030% of the headline
● Present4.840% of the headline
▶ Future6.230% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

4.0/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
3.6/10

Has it survived what it has been through?

4 warning events since 2017; the latest 2026-02-24.

weight 33% of this tense · 36th percentile among 43 sector filers · read for itself

From the record

Bel Fuse Inc.'s filings since 2017 show 4 warning events: an auditor change (8-K item 4.01, 4 times, the latest 2026-02-24) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
4.8/10

What has it actually done, year after year?

+4.1% a year over 9 filed years; profitable in 7 of 9.

weight 45% of this tense · 48th percentile among 42 sector filers · read for its customers

From the record

Bel Fuse Inc.'s 9 filed years say what it did: revenue went from $492 million in fiscal 2017 to $675 million in fiscal 2025, up 4.1% a year; it rose in 4 of 8 years; the deepest fall was 18% from fiscal 2022 to fiscal 2024; net income was positive in 7 of 9 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span4.1%top 50% of its family
  • the share of years revenue rosebottom 31% of its family
  • the share of filed years with a profittop 44% of its family
  • the deepest fall from a revenue peak18.3%top 45% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
3.0/10

How has it treated the people who own it?

SI estimate 3.0/10, confidence 35 of 100 (one part).

weight 22% of this tense · 30th percentile among 40 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the cash returned against operating cash flow, which ranks in the bottom 30% of 40 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: cash returned against operating cash flow, the one part on file, ranked among 40 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Bel Fuse Inc.'s shareholder treatment is put at 3.0 of 10 with a confidence of 35 of 100, because read from one part only, the cash returned against operating cash flow, which ranks in the bottom 30% of 40 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

4.8/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
5.6/10

Is it financially healthy right now?

ROE 14%: 14¢ of profit per shareholder dollar. Leverage 55%: owes 55¢ per asset dollar.

weight 45% of this tense · 56th percentile among 42 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Bel Fuse Inc. earned about 14 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 28 cents per dollar of everything the company owns. Leverage: it owed about 55 cents per dollar of assets (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 33% of its family
  • return on equitytop 27% of its family
  • gross profit against assetstop 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.4/10

How strong is its position in its industry?

top 46% of 42 in its family; net margin 9.1%.

weight 33% of this tense · 54th percentile among 42 sector filers · read for its customers

From the record

Bel Fuse Inc.'s standing among 42 graded names in its industry family: revenue of $675 million in fiscal 2025 ranks in the bottom 44% by size; a net margin of 9.1% ranks in the top 33%; revenue growth of 1.1% a year over the last 3 filed years ranks in the top 50% (its annual reports).

What it rests on

  • revenue against the family$675Mbottom 44% of its family
  • net margin9.1%top 33% of its family
  • three-year revenue growth1.1%top 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
2.3/10

What are the people in charge doing?

bottom 23% of 30 in its family for leadership; chief executive since 2026.

weight 22% of this tense · 23rd percentile among 30 sector filers · read for its shareholders

From the record

Bel Fuse Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Tuweiq, Farouq Salem Ali (President and CEO, as filed), filing under that title since 2026-02-26, 9 months (bottom 10% of its family); the 14 officers and directors filing in the last fifteen months have been on the record a median of 5.5 years (bottom 45%); 12 officer or director changes were reported on Form 8-K since 2023-11-13, against the 14 people in charge now (bottom 14%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge12 in three years among 14 peoplebottom 14% of its family
  • the median years the people in charge have filed5.5 yearsbottom 45% of its family
  • the chief executive's years on the record8 monthsbottom 10% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.2/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.9/10

How much room does it have to grow?

top 41% of 42 in its family for room to expand.

weight 45% of this tense · 59th percentile among 42 sector filers · read for itself

From the record

Bel Fuse Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $58 million against debt of $198 million leaves -14.9% of its assets as net cash, bottom 22% of its family; cash from operations less capital spending is 10.2% of revenue (top 24%); a gross margin of 39.1% (top 21%); research spending of 4.6% of revenue (top 42%) (its annual report).

What it rests on

  • cash less debt against assets-14.9%bottom 22% of its family
  • cash from operations less capital spending against revenue10.2%top 24% of its family
  • gross margin39.1%top 21% of its family
  • research spending against revenue4.6%top 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
6.5/10

What could actually drive growth from here?

top 35% of 42 in its family for growth drivers.

weight 33% of this tense · 65th percentile among 42 sector filers · read for its customers

From the record

Bel Fuse Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 1.1% a year over the last three filed years against 4.1% over all 9, slowing (bottom 40% of its family); the newest year grew 26.3% (top 14%); research spending grew 15.1% a year (top 33%); capital spending grew 10.8% a year (top 32%) (its annual reports). Bel Fuse Inc. reported 3 lines of business in fiscal 2025: Power Solutions and Protection at $357 million (53%), Connectivity Solutions at $232 million (34%), Magnetic Solutions at $86 million (13%); 3 of 3 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-3.0 points a yearbottom 40% of its family
  • the newest year's revenue growth26.3%top 14% of its family
  • three-year growth of research spending15.1%top 33% of its family
  • three-year growth of capital spending10.8%top 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
6.3/10

Did its newest year beat what its own record pointed to?

top 37% of 42 in its family for expectations against reality.

weight 22% of this tense · 63rd percentile among 42 sector filers · read for its shareholders

From the record

Bel Fuse Inc.'s newest year against its own record: revenue of $675 million in fiscal 2025 came in 39.7% above the $484 million its prior three years' pace pointed to (top 2% of its family); net income of $62 million against a prior three-year average of $56 million (bottom 48%); a net margin of 9.1% against 9.1% before (bottom 45%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace39.7%top 2% of its family
  • net income against the prior three years' average+10%bottom 48% of its family
  • net margin against its prior average+0.0 pointsbottom 45% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton BELFB · research, not advice