Bel Fuse Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 23, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	2,530	1,922	1,130	825	412	188
Market Cap Growth	159.18%	70.10%	36.94%	100.45%	119.10%	14.49%
Enterprise Value	2,420	2,170	1,446	772.22	452	253.24
Last Close Price	199.80	151.80	90.08	64.64	32.19	15.00
PE Ratio	38.66	32.65	29.06	11.71	8.03	7.89
Forward PE	34.21	-	21.47	11.07	8.03	15.31
PS Ratio	3.42	2.84	2.11	1.29	0.63	0.35
PB Ratio	5.21	4.52	3.13	2.42	1.57	0.90
P/TBV Ratio	0.99	0.76	0.53	0.41	-	-
P/FCF Ratio	49.95	28.01	18.84	8.57	13.10	-39.42
P/OCF Ratio	37.52	23.84	15.25	7.61	10.22	40.55
EV/Sales Ratio	3.73	3.21	2.70	1.21	0.69	0.47
EV/EBITDA Ratio	18.47	17.20	16.78	8.25	5.88	7.24
EV/EBIT Ratio	22.96	21.79	20.74	9.61	7.30	13.99
EV/FCF Ratio	54.25	31.63	24.12	8.03	14.38	-53.15
Debt / Equity Ratio	0.41	0.41	0.69	0.22	0.42	0.61
Debt / EBITDA Ratio	1.84	1.76	3.63	0.86	1.52	3.83
Debt / FCF Ratio	3.23	3.23	5.22	0.84	3.71	-28.13
Net Debt / Equity Ratio	0.38	0.38	0.68	-0.14	0.18	0.35
Net Debt / EBITDA Ratio	1.36	1.30	2.83	-0.49	0.60	2.07
Net Debt / FCF Ratio	2.38	2.38	4.07	-0.48	1.48	-15.17
Asset Turnover	0.72	0.72	0.70	1.13	1.22	1.13
Inventory Turnover	2.50	2.50	2.23	2.74	3.02	3.42
Quick Ratio	1.48	1.48	1.45	2.02	1.44	1.58
Current Ratio	3.02	3.02	2.92	3.45	2.80	2.94
Return on Equity (ROE)	11.88%	13.07%	13.98%	21.96%	21.01%	5.91%
Return on Assets (ROA)	7.29%	7.92%	7.45%	12.42%	10.24%	3.09%
Return on Invested Capital (ROIC)	8.84%	9.61%	10.04%	19.41%	15.15%	4.58%
Return on Capital Employed (ROCE)	11.52%	12.22%	10.87%	18.15%	15.04%	4.73%
Earnings Yield	2.93%	3.06%	3.44%	8.54%	12.46%	12.67%
FCF Yield	2.00%	3.57%	5.31%	11.66%	7.64%	-2.54%
Dividend Yield	0.12%	1.08%	1.80%	2.52%	0.00%	0.00%
Payout Ratio	4.64%	5.63%	8.43%	4.73%	3.24%	13.61%
Buyback Yield / Dilution	-	0.00%	1.42%	0.01%	0.08%	0.00%
Total Shareholder Return	-	1.08%	3.23%	2.53%	0.08%	0.00%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q