Feed / BELFA

Bel Fuse Inc.

BELFA

Technology · 203.83 +2.8% today

Isolated · not yet confirmedMarket checked 1 Oct, 15:45 GMT-4

Market read

Bel Fuse Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 23 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.

Company+2.8% todayVolume comparison unavailable
Market group0 of 23 activeBroad Market Mix · unavailable
Disclosed network0 of 0 confirmingRelationship data unavailable
What would change this read
  • BELFA's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if BELFA's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Technology · Electronic Components

No new filing conclusion is available. 0 of 23 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • BELFA's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Oct 1, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations341
Usable filing statements155
Verified relationships0
Evidence supporting the case
  • Latest annual revenue changed +26.3% year over year.
  • Operating margin changed +4.4 percentage points in the latest annual period.
  • Net margin changed +1.5 percentage points in the latest annual period.
  • Demand and volume has repeated favorable evidence across 5 filings.
  • Input and raw-material costs has repeated favorable evidence across 5 filings.
  • Labor availability and costs has repeated favorable evidence across 5 filings.
Evidence challenging the case
  • Foreign exchange has repeated adverse evidence across 5 filings.
Questions before a position

No credible peer-relative valuation comparison is available yet.

Longer-term price context

Price as of Sep 30, 2026

195.96
6m+8.7%12m+68.8%24m—
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$543.5M+16.7%——
2022-12-31$654.2M+20.4%——
2023-12-31$639.8M-2.2%——
2024-12-31$534.8M-16.4%——
2025-12-31$675.5M+26.3%——

What management says matters

Persistent and emerging business drivers

Credit and interest ratesmixed · 5 filings
“The decrease was primarily driven by lower average borrowings under the Credit and Security Agreement during the first half of 2026 as the Company reduced and ultimately repaid amounts outstanding under the Revolver, which had $197.5 million outstanding at De…”
10-Q · Aug 4, 2026 ↗
Demand and volumepositive · 5 filings
“The increase in inventories was primarily driven by higher levels of raw materials, work in process, and finished goods to support customer demand and manage lead times.”
10-Q · Aug 4, 2026 ↗
Foreign exchangemixed · 5 filings
“For the six months ended June 30, 2026, other expense, net was $3.6 million versus other income, net of $10.2 million in the prior-year period, an unfavorable change of $13.8 million, primarily reflecting foreign exchange, which shifted to a $4.5 million loss…”
10-Q · Aug 4, 2026 ↗
Input and raw-material costsmixed · 5 filings
“The decrease in labor costs as a percentage of net sales in the 2026 periods was driven by a shift in the Company’s production and sourcing mix, including an increased use of third-party manufacturing for certain products previously produced in-house (includi…”
10-Q · Aug 4, 2026 ↗

Valuation discipline

Descriptive valuation snapshot

Price/sales — · EV/sales —. Comparisons use only industry-matched filing peers.

Scenario scaffold

No usable price/earnings or price/sales multiple (need a fresh price).

Price action

How the market is pricing the story

203.83+2.8% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 1 Oct, 15:45 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for BELFA. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for BELFA. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind BELFA

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

BELFA is currently a Participant in the organic co-movement group Broad Market Mix. This group is discovered from market behaviour rather than assigned from an industry taxonomy. No verified filing-linked names are available yet.

This group is retained as the last observed read for BELFA; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.