Added to YB: 2025-03-03
Pitch date: 2025-02-27
BELFB [bullish]
Bel Fuse Inc.
+110.81%
current return
Author Info
Pound the Rock Investing, written by Adam Wilk, the founder and CIO of Greystone Capital Management, will serve as an ongoing discussion about business, investing and things I find interesting. Sign up for the newsletter.
Company Info
Bel Fuse Inc. designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits.
Market Cap
$1.8B
Pitch Price
$82.12
Price Target
125.00 (-28%)
Dividend
0.20%
EV/EBITDA
14.57
P/E
23.48
EV/Sales
3.21
Sector
Electronic Equipment, Instruments and Components
Category
growth
Bel Fuse Update and Intrinsic Value Estimate
BELFB: Q4 & FY24 strong despite 19.7% organic decline. Margins up 400bps to 37.8%. Enercon acquisition boosts A&D presence. New CEO & key hires. AI, defense, aerospace growth drivers. 11.8x 2024 EV/EBITDA, below peers. $125 PT (50% upside) at 12.5x 2026E EBITDA. Risks: consumer electronics, tariffs.
Read full article (4 min)