Added to YB: 2024-02-27
Pitch date: 2024-02-26
BELFB [bullish]
Bel Fuse Inc.
+153.5%
current return
Author Info
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Company Info
Bel Fuse Inc. designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits.
Market Cap
$1.8B
Pitch Price
$59.59
Price Target
N/A
Dividend
0.20%
EV/EBITDA
14.57
P/E
23.48
EV/Sales
3.21
Sector
Electronic Equipment, Instruments and Components
Category
turnaround
Bel Fuse Inc. - $BELFB
BELFB: Transformed under CFO since '21, divesting non-core assets & optimizing costs. Q4 magnetics -49% YoY but recovery in air, defense, rail, EV & space. $25M buyback, $127M for M&A. Q1 '24 rev $125-135M. Online shift, EU expansion via CUI acq. Sector tailwinds undervalued by mrkt post-earnings. Attractive entry point.
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