Bel Fuse revenue was $543.49 m in FY, 2021
Bel Fuse revenue breakdown by business segment: 30.4% from Connectivity Solutions, 29.5% from Magnetic Solutions and 40.1% from Power Solutions and Protection
Bel Fuse revenue breakdown by geographic segment: 58.4% from United States, 25.2% from Macao and 16.4% from Other
USD | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|
Revenue | 492.4m | 465.8m | 543.5m |
Revenue growth, % | (10%) | (5%) | |
Cost of goods sold | 381.7m | 346.0m | 409.1m |
Gross profit | 110.7m | 119.7m | 134.4m |
Gross profit Margin, % | 22% | 26% | 25% |
R&D expense | 26.9m | 23.6m | 21.9m |
General and administrative expense | 76.1m | 78.7m | 86.6m |
Operating expense total | 114.5m | 102.9m | 109.7m |
EBIT | 483.0k | 18.7m | 31.3m |
EBIT margin, % | 0% | 4% | 6% |
Interest expense | 5.4m | 4.7m | 3.5m |
Pre tax profit | (7.3m) | 12.1m | 27.3m |
Income tax expense | 1.4m | (659.0k) | 2.5m |
Net Income | (8.7m) | 12.8m | 24.8m |
EPS | (0.7) | 1.0 | 1.9 |
USD | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
---|---|---|---|---|---|---|---|
Revenue | 104.0m | 121.2m | 124.5m | 110.6m | 138.7m | 147.0m | 136.7m |
Cost of goods sold | 78.9m | 89.4m | 91.0m | 86.4m | 104.5m | 111.0m | 102.6m |
Gross profit | 25.1m | 31.8m | 33.5m | 24.3m | 34.2m | 36.0m | 34.1m |
Gross profit Margin, % | 24% | 26% | 27% | 22% | 25% | 24% | 25% |
R&D expense | 6.1m | 6.1m | 5.7m | 5.0m | 5.5m | 5.9m | 5.0m |
General and administrative expense | 22.1m | 18.1m | 18.9m | 21.0m | 21.8m | 21.2m | 21.0m |
Operating expense total | 28.2m | 24.2m | 24.7m | 26.0m | 27.6m | 27.5m | 26.0m |
EBIT | (3.1m) | 7.5m | 8.8m | 4.5m | 6.6m | 8.9m | 8.1m |
EBIT margin, % | (3%) | 6% | 7% | 4% | 5% | 6% | 6% |
Interest expense | 1.4m | 1.3m | 1.2m | 801.0k | 721.0k | 1.5m | 688.0k |
Pre tax profit | (4.6m) | 6.0m | 6.4m | 4.2m | 6.0m | 7.2m | 6.6m |
Income tax expense | (772.0k) | 423.0k | (1.1m) | 999.0k | (1.9m) | 1.4m | 1.6m |
Net Income | (3.8m) | 5.6m | 7.5m | 3.2m | 7.9m | 5.7m | 5.1m |
EPS | (0.3) | 0.4 | 0.6 | 0.2 | 0.6 | 0.4 | 0.4 |
USD | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|
Cash | 72.3m | 84.9m | 61.8m |
Accounts Receivable | 76.1m | 71.4m | 87.1m |
Inventories | 107.3m | 100.1m | 139.4m |
Current Assets | 283.2m | 280.2m | 329.0m |
PP&E | 41.9m | 34.5m | 38.2m |
Goodwill | 22.0m | 24.0m | 26.7m |
Total Assets | 468.9m | 453.9m | 511.8m |
Accounts Payable | 44.2m | 39.8m | 66.0m |
Short-term debt | 12.9m | 11.9m | 6.9m |
Current Liabilities | 90.2m | 87.5m | 112.0m |
Long-term debt | 150.0m | 118.4m | 127.2m |
Total Debt | 162.8m | 130.2m | 134.0m |
Total Liabilities | 300.9m | 268.1m | 303.1m |
Common Stock | 1.2m | 1.2m | 1.3m |
Additional Paid-in Capital | 33.8m | 36.1m | 38.4m |
Retained Earnings | 157.1m | 166.5m | 187.9m |
Total Equity | 168.1m | 185.8m | 208.7m |
Debt to Equity Ratio | 1 x | 0.7 x | 0.6 x |
Debt to Assets Ratio | 0.3 x | 0.3 x | 0.3 x |
Financial Leverage | 2.8 x | 2.4 x | 2.5 x |
USD | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|
Net Income | (8.7m) | 12.8m | 24.8m |
Depreciation and Amortization | 16.5m | 16.4m | 16.9m |
Accounts Receivable | 19.3m | 5.4m | (13.0m) |
Inventories | 17.1m | 9.7m | (34.0m) |
Accounts Payable | (15.1m) | (6.0m) | 24.0m |
Cash From Operating Activities | 24.5m | 46.1m | 4.6m |
Purchases of PP&E | (9.9m) | (5.5m) | (9.4m) |
Cash From Investing Activities | (33.1m) | (1.5m) | (18.9m) |
Short-term Borrowings | (12.0m) | (20.0m) | (14.5m) |
Long-term Borrowings | (8.2m) | (104.8m) | |
Dividends Paid | (3.4m) | (3.4m) | (3.4m) |
Cash From Financing Activities | 25.2m | (32.1m) | (8.4m) |
Net Change in Cash | 18.4m | 12.7m | (23.2m) |
Interest Paid | 4.9m | 4.1m | 2.1m |
Income Taxes Paid | 4.7m | 2.6m | 2.9m |
USD | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
---|---|---|---|---|---|---|---|
Net Income | (3.8m) | 1.8m | 9.2m | 3.2m | 11.1m | 16.8m | 5.1m |
Depreciation and Amortization | 4.1m | 8.2m | 12.3m | 4.1m | 8.5m | 12.5m | 4.3m |
Accounts Receivable | 6.7m | (2.5m) | 6.5m | 174.0k | (12.6m) | (11.9m) | (6.7m) |
Inventories | 2.1m | 1.9m | 4.4m | (1.3m) | (10.4m) | (22.8m) | (16.3m) |
Accounts Payable | (4.9m) | 994.0k | (4.6m) | 804.0k | 11.1m | 15.8m | (1.2m) |
Cash From Operating Activities | 8.1m | 16.8m | 34.8m | 1.8m | (1.9m) | (1.7m) | (7.7m) |
Purchases of PP&E | (1.8m) | (3.0m) | (4.5m) | (1.2m) | (2.5m) | (4.2m) | (2.0m) |
Cash From Investing Activities | (1.8m) | (3.0m) | (4.4m) | (9.2m) | (12.5m) | (13.7m) | (2.0m) |
Short-term Borrowings | (10.0m) | ||||||
Long-term Borrowings | (8.2m) | (8.2m) | (8.2m) | (1.5m) | (3.0m) | (119.3m) | |
Dividends Paid | (806.0k) | (1.6m) | (2.4m) | (815.0k) | (1.6m) | (2.4m) | (823.0k) |
Cash From Financing Activities | (9.6m) | (10.4m) | (21.2m) | (2.3m) | (4.6m) | (7.5m) | (823.0k) |
Net Change in Cash | (3.9m) | 3.0m | 8.8m | (10.9m) | (18.5m) | (23.0m) | (10.5m) |
Interest Paid | 1.3m | 2.3m | 3.4m | 627.0k | 1.2m | 1.7m | 461.0k |
Income Taxes Paid | 857.0k | 1.5m | 1.6m | 578.0k | 2.0m | 2.0m | 1.2m |
USD | FY, 2019 |
---|---|
EV/EBIT | 708.4 x |
EV/CFO | 14 x |
Revenue/Employee | 71.0k |
Debt/Equity | 1 x |
Debt/Assets | 0.3 x |
Financial Leverage | 2.8 x |
P/E Ratio | (28.9) |
FY, 2018 | Feb, 2018 | Q1, 2019 | Q2, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Backlog | $171.2 m | $174.4 m | $166.8 m | $150.9 m | $160.2 m | $191.2 m | $179.6 m | $138.9 m | $155 m | $233.7 m | $313.8 m | $390.4 m |
Manufacturing Facilities | 21 | 20 | 20 | |||||||||
Countries | 15 | 15 | 14 | |||||||||
Countries (Facilities) | 7 | 7 | ||||||||||
Facilities Owned and Leased, sq. ft. | 2.24 m | 2.24 m |