Bel Fuse Inc (BELFB) Files 10-K for the Fiscal Year Ended on December 31, 2018

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Bel Fuse Inc (BELFB) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Bel Fuse Inc designs and manufactures electronic components that protect and connect electronic circuits. Its product portfolio is divided into three categories namely, magnetic solutions, power solutions and protection, and connectivity solutions. Bel Fuse Inc has a market cap of $291.770 million; its shares were traded at around $24.57 with a P/E ratio of 14.32 and P/S ratio of 0.58. The dividend yield of Bel Fuse Inc stocks is 1.14%.


For the last quarter Bel Fuse Inc reported a revenue of $142.7 million, compared with the revenue of $119.9 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $548.2 million, an increase of 11.5% from last year. For the last five years Bel Fuse Inc had an average revenue growth rate of 6.4% a year.

The reported diluted earnings per share was $1.73 for the year. The Bel Fuse Inc had an operating margin of 5.44%, compared with the operating margin of 3.45% a year before. The 10-year historical median operating margin of Bel Fuse Inc is 3.61%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, Bel Fuse Inc has the cash and cash equivalents of $53.9 million, compared with $69.4 million in the previous year. The long term debt was $111.7 million, compared with $120.1 million in the previous year. The interest coverage to the debt is 5.6. Bel Fuse Inc has a financial strength rank of 6 (out of 10).

At the current stock price of $24.57, Bel Fuse Inc is traded at 17% discount to its historical median P/S valuation band of $29.62. The P/S ratio of the stock is 0.58, while the historical median P/S ratio is 0.68. The stock gained 35.34% during the past 12 months.

For the complete 20-year historical financial data of BELFB, click here.

This article first appeared on GuruFocus.


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