BELFABel Fuse Inc.

$200.51+72% 1Y

RyuScore

Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.

RyuScore 58 out of 100, Average
Today's price. Only valuation depends on it.

Average. Bel Fuse Inc. scores higher than 51% of the 1,794 companies Ryufin scores.

Carried by return on new capital and the balance sheet, held back by cycle position and capital allocation.

Technology median 48 · all companies 57

Valuation

26% of the score

58median 56

Bel Fuse Inc. is valued at 22.1x its operating profit before acquisition amortisation (EBITA), including debt: a rich multiple.

60x
50x
35x
25x
18x
12x
8x
22.1x
Full points at 8x or less, none from 60xfull points

Return on capital

18% of the score

59median 34

Over 7 years the business earned 11% a year after tax on the capital it uses.

2%
8%
15%
25%
11%
None at 2% or less, full points from 25%full points
Return on capital by year
7 years agolatest 12%

Return on new capital

16% of the score

100median 49

For every dollar of operating profit earned over 6 years, yearly profit grew by 15 cents. New capital earned 10%, and 145% of profit went back into the business.

-5%
12%
15%
None at minus 5 cents, full points from 12 centsfull points

Capital allocation

14% of the score

30median 64

How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.

Assets against salesAssets grew 16% a year, sales 7.7%
30
12%
-2%
7.8%
0 pointsfull points

Cycle position

12% of the score

3median 62

Today's operating margin of 16% is 1.95x its normal 8.2%: near a peak, where margins tend to fall back. Normal is half the 10 year median, half the last four years, so a margin that has held is not taken for a peak.

2x
1.5x
1x
0.7x
1.9x
A trough earns points, a peak costs themfull points
Operating margin by year, against its normal level
10 years agonow 16%

Balance sheet

8% of the score

81median 50

What the debt weighs against the profit that has to carry it.

Net debt to EBITDAMore cash than debt
100
Interest coverOperating profit covers interest 8x
62
1.5x
12x
8x
0 pointsfull points

Earnings quality

6% of the score

85median 90

Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.

Cash against profitOperating cash flow was 1.49x profit over 3 years
100
0.7x
1x
1.3x
1.5x
0 pointsfull points
AccrualsCash ran ahead of profit by 2% of assets
70
8%
0%
-8%
-2%
0 pointsfull points

How the RyuScore works

Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. Where a criterion cannot be measured from the filings it is taken out and the remaining weights scale up; a company needs 60% of the weight covered, and always a price, to get a score.

Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there. Figures as of 2026-06-30, latest annual report FY2025.