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Not Investment Advice
Also trades as: BELFA (NASDAQ) · $vol 33M

BELFB NASDAQ

Bel Fuse Inc.
1W: +2.1% 1M: +7.2% 3M: -7.0% YTD: +49.3% 1Y: +81.1% 3Y: +466.9% 5Y: +2049.5%
$257.94
+5.85 (+2.32%)
 
Weekly Expected Move ±5.5%
$229 $244 $258 $272 $286
NASDAQ · Technology · Hardware, Equipment & Parts · Tech Score Buy · Power 64 · $3.1B mcap · 12M float · 2.02% daily turnover · Short 52% of daily vol

Edge Score

Quantitative competitive moat analysis scoring five pillars of durable advantage — cost leadership, brand intangibles, switching costs, network effects, and efficient scale — using industry percentile rankings on a 0–100 scale.

WEAK EDGE
53.3 / 100
NoneWeakNarrowWide
Primary source: Cost Advantage  ·  ROIC: 16.0%  ·  5Y Avg: 41.6%
Cost Advantage ★
61
Intangibles
57
Switching Cost
52
Network Effect
32
Scale
60
The Edge Score quantifies a company's competitive moat using five pillars: Cost Advantage (20%, operating margin and SG&A efficiency vs industry peers), Intangible Assets (25%, gross margin premium, R&D intensity, brand pricing power), Switching Costs (25%, revenue stability, earnings consistency, customer retention proxied by operating leverage), Network Effects (15%, revenue growth with expanding margins, market share dominance), and Efficient Scale (15%, market concentration, ROIC sustainability). Each pillar is scored 0–100 using industry percentile rankings, then weighted into a composite. Wide ≥ 70, Narrow ≥ 55, Weak ≥ 40, None < 40. BELFB shows a Weak competitive edge (53.3/100) — limited structural advantages that may face competitive pressure. The primary source of advantage is Cost Advantage. ROIC of 16.0% confirms the company is generating returns well above its cost of capital — a hallmark of durable competitive advantages.

Analyst Insights

Wall Street analyst consensus based on price targets and buy/sell/hold recommendations from institutional research coverage over the trailing 12 months.

Analyst Price Targets
$326
Low
$326
Avg Target
$326
High
Based on 1 analyst since Jul 29, 2026 earnings
Analyst Recommendations
Strong Buy: 0Buy: 8Hold: 0Sell: 0Strong Sell: 0
Rating Summary
ConsensusBuy
Avg Target$326.00
Analysts1
Price Target Change History
DateFirmAnalystOldNewChangeUpside @ CallStock@Call
2026-07-31 Northland Securities — $321 $326 +5 +17.8% $276.86
2026-05-04 Northland Securities — $266 $321 +55 +10.6% $290.19
2026-05-01 Robert W. Baird — $170 $293 +123 +0.8% $290.60
2026-05-01 Oppenheimer Christopher Glynn $180 $315 +135 +9.5% $287.54
2026-02-19 Needham — $212 $250 +38 +7.0% $233.67
2026-02-19 Northland Securities — $247 $266 +19 +17.4% $226.65
2026-02-03 Northland Securities — $188 $247 +59 +11.1% $222.26
2026-01-14 Needham James Ricchiuti $95 $212 +117 +9.4% $193.82
2025-10-31 Northland Securities Bobby Brooks $80 $188 +108 +24.7% $150.82
2025-10-31 Oppenheimer Christopher Glynn $125 $180 +55 +16.6% $154.35
2025-10-31 Robert W. Baird Luke Junk $162 $170 +8 +10.1% $154.35
2025-10-10 Robert W. Baird — Initiated $162 — +13.3% $142.94
2025-07-02 Oppenheimer Christopher Glynn Initiated $125 — +26.5% $98.83
2024-11-18 Needham James Ricchiuti Initiated $95 — +25.5% $75.68
2024-09-05 Northland Securities Bobby Brooks Initiated $80 — +23.5% $64.79

Financial Rating

Composite financial health rating (A+ to F) based on discounted cash flow valuation, return on equity, return on assets, debt-to-equity leverage, and relative P/E and P/B multiples.

B
Oct 02, 2026
DCF
3
ROE
3
ROA
4
D/E
3
P/E
1
P/B
2
The Financial Rating evaluates six fundamental factors — discounted cash flow (DCF) valuation, return on equity (ROE), return on assets (ROA), debt-to-equity leverage (D/E), and relative price-to-earnings (P/E) and price-to-book (P/B) multiples — each scored 1–5. BELFB receives an overall rating of B. Strongest factors: ROA (4/5). Areas of concern: P/E (1/5), P/B (2/5).
Rating Change History
DateFromTo
2026-08-10 B- B
2026-08-06 B B-
2026-08-04 B- B
2026-08-03 B+ B-
2026-07-29 B B+
2026-05-04 A- B
2026-05-01 A A-
2026-04-21 A- A
2026-04-13 A A-
2026-02-19 A- A

InsiderStreet Scorecard

Proprietary multi-factor scorecard rating companies across seven fundamental dimensions — profitability, balance sheet strength, earnings quality, growth, value, momentum, and safety — each scored 0–100.

★ ★ ★ ★ ★ 74 Grade A+
Profitability
48
Balance Sheet
83
Earnings Quality
73
Growth
72
Value
43
Momentum
96
Safety
100
Cash Flow
80
The InsiderStreet Scorecard rates companies across eight dimensions: Profitability (margins, ROA, ROE), Balance Sheet (leverage, liquidity, coverage), Earnings Quality (accruals, cash conversion), Growth (revenue and earnings trajectory), Value (P/E, P/B, earnings yield, Graham criteria), Momentum (revenue and earnings acceleration), Safety (Altman Z-Score risk adjustment), and Cash Flow (operating cash flow quality, FCF conversion, cash coverage). The overall score blends 35% quality, 35% value, and 30% momentum, with a penalty for distress-zone Altman scores. BELFB scores highest in Safety (100/100) and lowest in Value (43/100). An overall grade of A+ places BELFB among the highest-quality companies in its peer group.

Risk & Quality Signals

Academic financial models used by institutional investors to assess bankruptcy risk, earnings manipulation, financial strength, and credit quality.

Altman Z-Score
12.64
Safe Zone
Piotroski F-Score
8/9
✓ ✓ ✓ ✓ ✓ ✓ ✗ ✓ ✓
Beneish M-Score
-2.34
Unlikely Manipulator
Ohlson O-Score
-10.01
Bankruptcy prob: 0.0%
Low Risk
Credit Rating
AA-
Score: 80.8/100
Trend: Improving
Earnings Quality
100/100
OCF/NI: 1.38x
Accruals: -2.1%
The Altman Z-Score (1968) combines five ratios — working capital, retained earnings, EBIT, market value of equity, and sales, all relative to total assets or liabilities — into a single bankruptcy predictor. BELFB scores 12.64, placing it in the Safe Zone (safe > 2.99, distress < 1.81). Bankruptcy is statistically unlikely within the next two years. The Piotroski F-Score (2000) is a 9-point binary checklist — four profitability tests (positive ROA, positive cash flow, improving ROA, cash flow exceeding net income), three leverage tests (declining debt ratio, improving current ratio, no share dilution), and two efficiency tests (improving gross margin, improving asset turnover). Each pass scores 1 point. BELFB scores 8/9, signaling strong financial health across all three dimensions. The Beneish M-Score (1999) is an 8-variable model that detects earnings manipulation by comparing year-over-year changes in receivables, gross margins, asset quality, sales growth, depreciation, SG&A, leverage, and accruals. Scores above −1.78 statistically resemble past manipulators. BELFB's score of -2.34 falls below this threshold, suggesting earnings are unlikely to be manipulated. The Ohlson O-Score (1980) is a 9-variable logistic regression that estimates bankruptcy probability using firm size, leverage, working capital, current ratio, profitability (ROA), cash flow coverage, negative equity flag, consecutive losses flag, and earnings trajectory. The raw score is converted to a probability via logistic transformation. BELFB's implied 0.0% bankruptcy probability is well within safe territory. Our Credit Rating model scores companies on five weighted components — solvency (30%), earning power (25%), leverage (20%), liquidity (15%), and cash flow quality (10%) — then blends the absolute score with sector and industry peer rankings. For companies with large buyback programs, equity is adjusted by adding back cumulative 5-year repurchases (capped at 80% of FCF generated) to avoid penalizing shareholder-friendly capital allocation. BELFB receives an estimated rating of AA- (score: 80.8/100), with a improving trend. The Earnings Quality score measures how well reported earnings are backed by real cash. It evaluates the operating cash flow to net income ratio (OCF/NI ≥ 1.0 means every dollar of earnings is cash-backed) and the accruals ratio (the gap between earnings and cash flow relative to assets — lower is better). BELFB's score of 100/100 is high — cash flows strongly support reported earnings.

Valuation

Key valuation multiples comparing the stock's market price to its earnings, revenue, book value, and cash flows. Lower multiples may indicate relative undervaluation versus peers.

P/E
64.48x
PEG
-86.62x
P/S
4.20x
P/B
3.86x
P/FCF
61.82x
P/OCF
54.29x
EV/EBITDA
32.81x
EV/Revenue
5.73x
EV/EBIT
41.35x
EV/FCF
58.11x
Earnings Yield
1.33%
FCF Yield
1.62%
Shareholder Yield
0.08%
Graham Number
$81.67
Equity-based multiples (P/E, P/B, P/FCF) compare the stock price to per-share fundamentals and are affected by capital structure. Enterprise value multiples (EV/EBITDA, EV/Revenue, EV/FCF) strip out debt and cash, making them more useful for cross-company comparisons regardless of how companies are financed. The Graham Number — √(22.5 × EPS × Book Value) — is Benjamin Graham's formula for the maximum price a defensive investor should pay. At 64.5x earnings, BELFB is priced for high growth expectations. Graham's intrinsic value formula yields $81.67 per share, 216% below the current price.

DuPont Decomposition (5-Factor)

The 5-factor DuPont framework breaks Return on Equity into its component drivers — tax efficiency, interest burden, operating profitability, asset utilization, and financial leverage — to reveal what truly drives shareholder returns.

Tax Burden
0.649
NI / EBT
×
Interest Burden
0.904
EBT / EBIT
×
EBIT Margin
0.138
EBIT / Rev
×
Asset Turnover
0.672
Rev / Assets
×
Equity Multiplier
1.685
Assets / Equity
=
ROE
9.2%
The 5-factor DuPont identity decomposes ROE as: Tax Burden × Interest Burden × EBIT Margin × Asset Turnover × Equity Multiplier = ROE. This reveals whether returns are driven by operating performance, financial leverage, or tax efficiency — three very different sources of profitability. BELFB's ROE of 9.2% is driven by Asset Turnover (0.672), indicating efficient use of assets to generate revenue.

Graham-Dodd Adjusted Valuation

Our adaptation of Graham's growth formula (Fair P/E = 8.5 + 2g) from The Intelligent Investor. The classic version relies on analyst growth projections, which can be unreliable. This adjusted model substitutes the company's realized 3-year EPS CAGR — a backward-looking, verifiable measure of actual earnings power — grounding the valuation in demonstrated performance rather than forecasts.

Two adjustments we make, and why. Growth is capped at 15%. Graham defined g as expected growth over the next seven to ten years, not last year's rate. Across US companies since 1994 the median realized 7-year EPS growth is 5–8% regardless of how fast a company grew beforehand, and of 4,457 company-quarters that grew faster than 200%, none sustained it. Uncapped, the formula assigned fair multiples in the hundreds to companies that had never held that rate — and scored worse than simply reading the P/E. Capped, it carries real information. The verdict has three states, not two. Tested over 377,249 stock-months, this ratio only separates outcomes at its extremes: below 0.25 beat the universe by 1.3 points a year, above 3.0 lagged by 2.7, and everything in between sat inside a one-point band. Rather than call two-thirds of the market "undervalued" on a threshold of 1.0, we say Neutral where the model cannot tell — which is most of the time.

Adj. Growth Rate
7.54%
Fair P/E
23.58x
Intrinsic Value
$104.61
Price/Value
3.18x
Margin of Safety
-218.37%
Premium
218.37%
Assessment
Overvalued
Graham's classic formula uses analyst-projected growth to estimate a fair P/E (8.5 + 2g). Our adjusted version replaces that projection with BELFB's realized 7.5% 3-year EPS CAGR, capped at 15% — demonstrated performance rather than forecasts, held to a rate companies have historically sustained. BELFB trades at a 218% premium to its adjusted intrinsic value of $104.61, suggesting the market is pricing in future growth beyond what historical earnings support. The adjusted fair P/E of 23.6x compares to the current market P/E of 64.5x.

Profitability Trends

Historical profitability ratios tracking how efficiently the company converts revenue into returns for shareholders over time.

Leverage & Solvency Trends

Debt and liquidity metrics showing the company's financial leverage and ability to meet short-term and long-term obligations.

Efficiency & Working Capital Trends

Operating efficiency metrics measuring how quickly the company converts inventory to sales, collects receivables, and manages its cash conversion cycle.

Growth Trends (YoY %)

Year-over-year growth rates for key financial metrics, showing the trajectory of revenue, earnings, and cash flow generation.

Earnings Stability

R-squared of linear regression measuring how predictably revenue, earnings, and margins follow a trend over the trailing 5 years. 1.0 = perfectly predictable; lower values indicate erratic or cyclical behavior.

Monte Carlo Price Simulation

Geometric Brownian Motion with 1,000 antithetic paths over 1 year, seeded from 1800 days of historical volatility. Percentile bands show the range of statistically plausible outcomes — this is a statistical model, not a forecast.

Current Price
$257.94
Median 1Y
$332.58
5th Pctile
$118.07
95th Pctile
$942.24
Ann. Volatility
62.7%
Analyst Target
$326.00
25th–75th percentile 5th–95th percentile Median path Historical Analyst target

Executive Compensation

C-suite compensation breakdown including salary, stock awards, options, and incentive pay. The CEO-to-employee pay ratio and Gini coefficient measure pay distribution fairness.

C-Suite Compensation

ExecutiveSalaryStockTotal
Farouq Tuweiq, (Former
nt and Chief Executive Officer (Former Chief Financial Officer and Treasurer)
$509,711 $3,299,751 $4,909,182
Lynn Hutkin Financial
ancial Officer, Treasurer and Secretary Peter Bittner III, Former President of Bel Connectivity Solutions
$263,885 $981,557 $1,602,323
Daniel Bernstein,
Former President and Chief Executive Officer
$243,458 $690,718 $1,596,275
Joseph Berry Bel
mer President of Bel Magnetic Solutions
$220,000 $785,136 $1,265,885
Kenneth Lai, Asia
President of Asia Operations
$225,000 $21,771 $988,844

CEO Pay Ratio

194:1
CEO-to-Employee Pay Ratio
CEO Total Comp: $4,909,182
Avg Employee Cost (SGA/emp): $25,348
Employees: 4,964

C-Suite Pay Equality (Gini)

CEO Compensation Mix

Workforce & Productivity

Workforce efficiency metrics measuring revenue, profit, and R&D spend per employee — key indicators of operational leverage and human capital productivity.

Employees
4,964
-7.6% YoY
Revenue / Employee
$136,071
Rev: $675,455,000
Profit / Employee
$12,396
NI: $61,536,000
SGA / Employee
$25,348
Avg labor cost proxy
R&D / Employee
$6,218
Innovation spend

Scaling Efficiency

All Ratios & Metrics

Complete fundamental data with up to 20 periods of history, sparkline trends, and current values across 13 categories and 130+ financial metrics.

Profitability
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
ROE 10.7% 12.6% 13.3% 17.0% 21.4% 22.4% 25.2% 27.5% 27.2% 24.5% 24.1% 20.0% 15.9% 11.7% 11.9% 13.4% 16.4% 15.7% 13.5% 9.2% 9.19%
ROA 4.3% 5.1% 5.5% 7.1% 9.0% 9.8% 11.4% 13.3% 13.6% 13.0% 13.3% 11.8% 9.6% 5.4% 5.7% 6.7% 8.5% 6.5% 5.8% 5.5% 5.45%
ROIC 9.1% 10.1% 10.4% 14.3% 17.8% 18.7% 20.9% 23.5% 25.7% 26.4% 24.8% 22.7% 19.2% 8.4% 9.1% 9.9% 12.6% 14.7% 14.9% 16.0% 16.01%
ROCE 6.7% 7.7% 8.1% 10.0% 13.1% 14.7% 16.8% 20.7% 20.5% 18.7% 18.6% 17.2% 14.3% 8.0% 8.8% 10.6% 13.0% 13.6% 12.4% 9.3% 9.30%
Gross Margin 24.5% 26.7% 25.0% 26.6% 29.0% 31.0% 31.1% 32.9% 35.0% 36.6% 37.5% 40.1% 36.1% 37.5% 38.6% 38.7% 39.7% 39.4% 39.0% 39.9% 39.85%
Operating Margin 6.0% 7.7% 5.9% 9.8% 12.4% 10.8% 11.4% 16.2% 15.4% 11.8% 13.9% 17.0% 9.3% 8.3% 16.4% 17.7% 16.9% 16.4% 13.6% 18.2% 18.24%
Net Margin 3.9% 5.4% 3.7% 10.0% 9.3% 8.3% 8.5% 16.5% 12.3% 8.6% 12.4% 14.1% 6.5% -1.2% 11.7% 16.0% 12.4% -3.1% 6.4% 15.3% 15.29%
EBITDA Margin 8.6% 10.1% 8.5% 11.2% 14.0% 12.8% 13.3% 18.7% 17.4% 12.4% 19.1% 20.1% 12.3% 10.6% 22.7% 26.3% 21.4% 10.9% 15.1% 21.6% 21.58%
FCF Margin 0.9% -0.9% -2.7% 1.2% 3.1% 4.8% 7.9% 8.3% 12.7% 15.0% 14.5% 17.3% 15.7% 11.2% 11.1% 8.1% 6.9% 10.2% 10.6% 9.9% 9.86%
OCF Margin 1.9% 0.9% -0.9% 2.9% 4.8% 6.2% 9.4% 10.1% 14.6% 16.9% 16.4% 18.9% 17.6% 13.8% 13.6% 10.9% 9.1% 11.9% 12.3% 11.2% 11.22%
ROE 3Y Avg snapshot only 12.60%
ROE 5Y Avg snapshot only 15.52%
ROA 3Y Avg snapshot only 7.27%
ROIC 3Y Avg snapshot only 19.69%
ROIC Economic snapshot only 10.99%
Cash ROA snapshot only 6.61%
Cash ROIC snapshot only 13.10%
CROIC snapshot only 11.50%
NOPAT Margin snapshot only 13.71%
Pretax Margin snapshot only 12.51%
R&D / Revenue snapshot only 4.44%
SGA / Revenue snapshot only 18.60%
SBC / Revenue snapshot only 0.92%
Valuation
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
P/E Ratio 7.31 6.30 8.17 5.32 6.64 7.79 7.63 9.96 7.97 11.47 9.93 12.08 17.91 25.18 21.86 23.65 26.73 34.06 44.48 75.06 64.485
P/S Ratio 0.29 0.29 0.38 0.32 0.49 0.63 0.69 1.06 0.90 1.32 1.25 1.43 1.87 1.93 1.68 2.03 2.68 3.10 3.49 6.09 4.197
P/B Ratio 0.74 0.75 1.01 0.84 1.31 1.56 1.71 2.38 1.88 2.49 2.15 2.24 2.67 2.86 2.49 2.98 4.07 4.93 5.58 4.99 3.857
P/FCF 33.11 -32.84 -14.42 26.39 15.84 13.06 8.74 12.65 7.13 8.80 8.64 8.26 11.93 17.20 15.12 25.11 39.07 30.55 32.89 61.82 61.816
P/OCF 15.46 33.78 — 10.77 10.19 10.20 7.32 10.41 6.19 7.81 7.64 7.54 10.60 13.93 12.35 18.69 29.34 26.00 28.37 54.29 54.285
EV/EBITDA 4.99 4.79 6.07 4.49 5.25 5.94 5.83 7.36 5.64 8.06 6.99 7.67 10.76 15.55 12.79 12.95 14.53 16.68 20.32 32.81 32.808
EV/Revenue 0.41 0.42 0.53 0.43 0.59 0.70 0.75 1.08 0.88 1.25 1.19 1.32 1.72 2.39 2.12 2.40 2.98 3.37 3.73 5.73 5.727
EV/EBIT 8.23 7.41 9.18 6.30 6.79 7.35 6.91 8.46 6.47 9.31 8.10 8.96 12.94 19.43 16.20 16.30 18.00 20.72 25.59 41.35 41.354
EV/FCF 46.92 -48.01 -20.15 36.21 18.91 14.60 9.52 12.96 6.92 8.33 8.18 7.63 10.95 21.36 19.05 29.67 43.36 33.16 35.13 58.11 58.109
Earnings Yield 13.7% 15.9% 12.2% 18.8% 15.1% 12.8% 13.1% 10.0% 12.5% 8.7% 10.1% 8.3% 5.6% 4.0% 4.6% 4.2% 3.7% 2.9% 2.2% 1.3% 1.33%
FCF Yield 3.0% -3.0% -6.9% 3.8% 6.3% 7.7% 11.4% 7.9% 14.0% 11.4% 11.6% 12.1% 8.4% 5.8% 6.6% 4.0% 2.6% 3.3% 3.0% 1.6% 1.62%
Price/Tangible Book snapshot only 9.573
EV/OCF snapshot only 51.030
EV/Gross Profit snapshot only 14.491
Acquirers Multiple snapshot only 34.960
Shareholder Yield snapshot only 0.08%
Graham Number snapshot only $81.67
Leverage & Solvency
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Current Ratio 2.97 2.94 3.05 2.80 2.75 2.80 2.95 2.79 3.08 3.45 4.21 4.19 4.00 2.92 3.31 3.05 3.06 3.02 3.18 4.48 4.481
Quick Ratio 1.76 1.69 1.63 1.56 1.55 1.53 1.67 1.55 1.90 2.21 2.70 2.76 2.71 1.66 1.83 1.72 1.75 1.71 1.73 3.20 3.197
Debt/Equity 0.62 0.64 0.64 0.61 0.55 0.45 0.43 0.27 0.25 0.24 0.23 0.23 0.23 0.88 0.82 0.69 0.58 0.56 0.52 0.04 0.038
Net Debt/Equity 0.31 0.35 0.40 0.31 0.25 0.18 0.15 0.06 -0.06 -0.13 -0.11 -0.17 -0.22 0.69 0.65 0.54 0.45 0.42 0.38 -0.30 -0.299
Debt/Assets 0.25 0.26 0.26 0.25 0.24 0.21 0.21 0.15 0.15 0.14 0.15 0.14 0.14 0.34 0.33 0.29 0.26 0.25 0.24 0.03 0.027
Debt/EBITDA 2.94 2.81 2.75 2.35 1.86 1.54 1.36 0.82 0.79 0.83 0.81 0.85 0.99 3.86 3.36 2.53 1.87 1.74 1.76 0.26 0.264
Net Debt/EBITDA 1.47 1.51 1.73 1.22 0.85 0.63 0.48 0.18 -0.18 -0.45 -0.39 -0.64 -0.96 3.02 2.64 1.99 1.44 1.32 1.30 -2.09 -2.093
Interest Coverage 6.55 8.72 9.68 11.91 18.53 18.48 20.37 23.13 26.88 30.22 37.89 45.50 40.70 16.16 9.37 7.69 3.48 3.54 3.47 3.78 3.785
Equity Multiplier 2.44 2.45 2.42 2.40 2.35 2.14 2.07 1.81 1.74 1.68 1.60 1.59 1.59 2.63 2.50 2.35 2.23 2.20 2.17 1.39 1.390
Cash Ratio snapshot only 1.963
Debt Service Coverage snapshot only 4.771
Cash to Debt snapshot only 8.934
FCF to Debt snapshot only 2.140
Defensive Interval snapshot only 1001.3 days
Efficiency & Turnover
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Asset Turnover 1.08 1.13 1.17 1.18 1.21 1.22 1.26 1.26 1.20 1.13 1.05 1.00 0.92 0.70 0.75 0.78 0.84 0.72 0.74 0.67 0.672
Inventory Turnover 3.35 3.42 3.25 3.23 3.16 3.02 3.03 2.99 2.97 2.74 2.60 2.47 2.47 2.23 2.34 2.52 2.74 2.50 2.47 2.47 2.467
Receivables Turnover 6.58 6.86 6.05 5.76 5.80 6.15 6.18 6.01 5.92 6.10 6.19 5.96 6.17 5.47 5.97 5.87 6.43 5.80 6.27 5.37 5.370
Payables Turnover 7.95 7.75 7.96 7.26 7.46 7.21 7.80 7.80 8.20 8.07 8.28 7.98 8.08 7.42 8.76 8.20 8.72 8.05 7.75 6.37 6.370
DSO 55 53 60 63 63 59 59 61 62 60 59 61 59 67 61 62 57 63 58 68 68.0 days
DIO 109 107 112 113 116 121 120 122 123 133 140 148 148 164 156 145 133 146 148 148 148.0 days
DPO 46 47 46 50 49 51 47 47 45 45 44 46 45 49 42 45 42 45 47 57 57.3 days
Cash Conversion Cycle 118 113 127 126 130 130 133 136 140 148 155 163 162 181 175 162 148 163 159 159 158.6 days
Fixed Asset Turnover snapshot only 9.254
Operating Cycle snapshot only 215.9 days
Cash Velocity snapshot only 2.431
Capital Intensity snapshot only 1.699
Growth (YoY)
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Revenue 10.3% 16.7% 20.6% 22.7% 23.4% 20.4% 21.1% 14.4% 5.8% -2.2% -13.7% -18.6% -21.5% -16.4% -6.1% 6.1% 23.7% 26.3% 25.5% 25.3% 25.26%
Net Income 6.0% 94.0% 34.8% 62.2% 1.3% 1.1% 1.3% 1.0% 62.5% 40.1% 20.8% -9.3% -27.7% -44.5% -42.8% -22.9% 19.0% 50.2% 28.1% 18.4% 18.39%
EPS 6.0% 92.3% 33.0% 60.5% 1.3% 1.1% 1.3% 99.2% 58.8% 38.7% 24.1% -5.9% -26.4% -43.5% -43.4% -23.2% 20.7% 52.5% 30.2% 7.5% 7.54%
FCF -86.8% -1.1% -1.4% -67.7% 3.4% 7.6% 4.6% 6.9% 3.3% 2.1% 59.1% 68.5% -2.9% -37.7% -28.1% -50.3% -45.8% 14.4% 19.9% 52.7% 52.67%
EBITDA 79.5% 43.3% 20.8% 41.0% 66.6% 62.0% 76.6% 73.7% 47.5% 28.7% 13.9% -4.9% -19.4% -17.2% -8.4% 14.4% 58.9% 65.6% 39.2% 18.0% 18.03%
Op. Income 1.4% 69.1% 45.0% 82.8% 1.3% 1.1% 1.2% 93.7% 54.0% 35.0% 12.4% -6.7% -23.8% -26.9% -17.1% -3.4% 42.7% 77.3% 58.6% 54.9% 54.88%
OCF Growth snapshot only 29.39%
Asset Growth snapshot only 32.99%
Equity Growth snapshot only 1.25%
Debt Growth snapshot only -87.69%
Shares Change snapshot only 10.09%
Dividend Growth snapshot only -7.85%
Growth (CAGR)
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Revenue 3Y -0.8% -0.3% 0.8% 3.5% 6.7% 9.9% 13.6% 14.0% 12.9% 11.2% 8.0% 4.6% 0.8% -0.5% -0.6% -0.4% 0.9% 1.1% 0.6% 2.6% 2.64%
Revenue 5Y -0.2% 1.7% 2.9% 4.1% 5.2% 5.9% 6.8% 6.4% 5.0% 3.1% 1.4% 0.7% 0.2% 1.7% 3.5% 5.0% 6.9% 7.7% 8.2% 8.7% 8.71%
EPS 3Y — 5.6% 4.1% 21.8% 2.0% — — — 1.9% 77.4% 55.6% 44.4% 38.6% 17.9% 17.0% 12.9% 12.1% 6.1% -2.9% -8.1% -8.06%
EPS 5Y — — -6.9% 15.3% 29.7% — — — — 27.9% 26.2% 27.7% 1.0% — — — 86.5% 36.9% 22.7% 20.0% 19.97%
Net Income 3Y — 6.2% 4.9% 22.5% 2.1% — — — 2.0% 79.4% 56.0% 44.1% 39.1% 18.2% 17.2% 12.5% 11.8% 5.3% -4.0% -6.1% -6.09%
Net Income 5Y — — -6.1% 16.2% 30.6% — — — — 28.9% 26.6% 27.7% 1.0% — — — 86.5% 36.9% 22.7% 22.3% 22.27%
EBITDA 3Y 0.2% 1.7% 1.0% 15.3% 42.6% 87.2% 1.7% 1.1% 64.0% 44.0% 34.4% 32.6% 25.6% 19.9% 22.6% 23.7% 23.6% 20.8% 13.2% 8.7% 8.72%
EBITDA 5Y — — 1.5% 4.9% 9.2% 13.7% 18.4% 19.9% 19.9% 17.0% 15.7% 20.4% 28.1% 47.5% 83.3% 57.7% 41.4% 32.6% 25.4% 25.8% 25.77%
Gross Profit 3Y 6.9% 6.8% 8.6% 14.5% 20.9% 18.4% 21.6% 19.7% 17.1% 21.7% 21.2% 19.8% 16.8% 14.8% 14.1% 13.2% 13.8% 12.9% 10.6% 11.3% 11.31%
Gross Profit 5Y 4.1% 6.0% 7.5% 8.4% 10.3% 12.5% 15.3% 16.4% 16.4% 14.5% 13.4% 15.1% 15.4% 12.8% 13.5% 12.6% 13.2% 17.2% 18.4% 19.4% 19.42%
Op. Income 3Y 4.4% 1.8% 2.9% 19.7% 73.5% 4.1% — — 1.1% 68.2% 53.0% 49.0% 39.1% 27.2% 27.0% 20.4% 18.8% 20.5% 13.9% 11.8% 11.79%
Op. Income 5Y — — 3.8% 11.6% 20.2% 31.9% 39.2% 36.6% 32.1% 24.3% 21.9% 25.4% 43.7% 1.7% — — 56.5% 43.9% 36.3% 37.7% 37.68%
FCF 3Y 19.2% — — 9.1% 12.2% 29.2% 22.6% 30.2% 35.5% 33.3% 35.2% 62.9% 1.6% — — 88.1% 31.6% 29.7% 11.1% 8.5% 8.51%
FCF 5Y -35.6% — — -13.7% -0.1% 12.2% 25.4% 29.6% 99.9% — — 77.1% 42.8% 32.7% 16.1% 13.1% 5.5% 11.0% 16.3% 26.8% 26.79%
OCF 3Y -11.9% -22.9% — 2.1% 7.0% 18.1% 18.7% 27.7% 34.3% 32.9% 34.9% 57.1% 1.1% 1.5% — 53.9% 25.0% 26.0% 10.0% 6.2% 6.18%
OCF 5Y -27.4% -34.6% — -4.2% 3.2% 10.8% 20.8% 22.1% 47.3% 60.7% 94.4% 44.9% 30.1% 24.8% 14.4% 14.0% 8.1% 11.8% 16.7% 25.0% 25.02%
Assets 3Y 2.9% 4.9% 4.6% 6.4% 8.4% 6.1% 9.0% 6.2% 6.9% 8.0% 6.8% 6.2% 6.2% 22.9% 21.8% 20.6% 19.8% 18.6% 18.3% 31.8% 31.78%
Assets 5Y 2.1% 3.7% 4.1% 4.8% 5.3% 5.4% 5.7% 4.8% 4.5% 5.2% 4.1% 4.8% 6.1% 15.2% 16.2% 15.6% 15.8% 15.6% 15.8% 21.7% 21.68%
Equity 3Y 4.9% 5.8% 6.5% 7.8% 11.4% 16.0% 19.8% 21.9% 21.6% 22.4% 23.0% 21.9% 22.4% 20.0% 20.5% 21.4% 21.9% 17.5% 16.4% 44.0% 44.01%
Book Value 3Y 4.2% 5.2% 5.8% 7.2% 10.9% 14.9% 18.1% 20.5% 20.3% 21.1% 22.7% 22.2% 22.0% 19.7% 20.3% 21.9% 22.3% 18.4% 17.7% 41.0% 41.00%
Dividend 3Y -0.6% -0.4% -0.5% -0.4% -0.3% -0.7% -1.0% -0.9% -0.8% -0.3% 0.5% 1.0% 0.2% -0.6% -0.7% -0.3% 0.0% 0.9% 1.4% -1.6% -1.62%
Growth Quality
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Revenue Stability 0.17 0.00 0.06 0.21 0.39 0.51 0.55 0.58 0.55 0.44 0.28 0.22 0.15 0.23 0.26 0.29 0.32 0.38 0.39 0.48 0.478
Earnings Stability 0.50 0.63 0.00 0.21 0.51 0.64 0.63 0.72 0.88 0.70 0.68 0.72 0.82 0.70 0.66 0.68 0.73 0.53 0.36 0.41 0.406
Margin Stability 0.80 0.88 0.89 0.86 0.82 0.88 0.87 0.84 0.81 0.81 0.79 0.75 0.74 0.78 0.80 0.82 0.84 0.82 0.82 0.82 0.820
Rev. Growth Consistency 0.50 0.50 1.00 1.00 1.00 1.00 1.00 1.00 1.00 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.50 1.00 1.000
Earn. Growth Consistency 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 0.00 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.50 0.500
FCF Positive Streak 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 1 1 1 1
Earnings Persistence 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.84 0.92 0.96 0.89 0.82 0.83 0.91 0.92 0.50 0.89 0.93 0.926
Earnings Smoothness 0.00 0.36 0.70 0.53 0.22 0.28 0.20 0.32 0.52 0.67 0.81 0.90 0.68 0.43 0.46 0.74 0.83 0.60 0.75 0.83 0.832
ROE Trend 0.09 0.11 0.11 0.14 0.14 0.11 0.11 0.10 0.09 0.06 0.04 -0.01 -0.07 -0.10 -0.11 -0.09 -0.04 -0.02 -0.04 -0.09 -0.089
Gross Margin Trend 0.00 0.01 0.01 0.00 0.00 0.03 0.04 0.06 0.07 0.07 0.08 0.09 0.08 0.07 0.06 0.04 0.04 0.03 0.03 0.02 0.020
FCF Margin Trend -0.04 -0.07 -0.09 -0.04 -0.01 0.01 0.05 0.05 0.11 0.13 0.12 0.12 0.08 0.01 -0.00 -0.05 -0.07 -0.03 -0.02 -0.03 -0.028
Sustainable Growth Rate 9.0% 10.9% 11.6% 15.4% 19.8% 20.9% 23.8% 26.2% 26.0% 23.3% 22.9% 19.0% 14.9% 10.7% 10.9% 12.5% 15.5% 14.8% 12.6% 8.7% 8.66%
Internal Growth Rate 3.7% 4.6% 5.0% 6.8% 9.1% 10.1% 12.0% 14.5% 15.0% 14.2% 14.5% 12.6% 9.9% 5.2% 5.6% 6.7% 8.7% 6.6% 5.8% 5.4% 5.42%
Cash Flow Quality
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
OCF/Net Income 0.47 0.19 -0.18 0.49 0.65 0.76 1.04 0.96 1.29 1.47 1.30 1.60 1.69 1.81 1.77 1.27 0.91 1.31 1.57 1.38 1.383
FCF/OCF 0.47 -1.03 3.10 0.41 0.64 0.78 0.84 0.82 0.87 0.89 0.88 0.91 0.89 0.81 0.82 0.74 0.75 0.85 0.86 0.88 0.878
FCF/Net Income snapshot only 1.214
OCF/EBITDA snapshot only 0.643
CapEx/Revenue 1.0% 1.7% 1.8% 1.7% 1.7% 1.3% 1.5% 1.8% 1.9% 1.9% 1.9% 1.7% 2.0% 2.6% 2.5% 2.8% 2.3% 1.8% 1.7% 1.4% 1.37%
CapEx/Depreciation snapshot only 0.379
Accruals Ratio 0.02 0.04 0.06 0.04 0.03 0.02 -0.00 0.01 -0.04 -0.06 -0.04 -0.07 -0.07 -0.04 -0.04 -0.02 0.01 -0.02 -0.03 -0.02 -0.021
Sloan Accruals snapshot only 0.236
Cash Flow Adequacy snapshot only 6.112
Earnings Quality Score snapshot only 1.000
Dividends & Buybacks
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Dividend Yield 2.3% 2.2% 1.6% 1.8% 1.1% 0.8% 0.7% 0.5% 0.6% 0.4% 0.5% 0.4% 0.4% 0.3% 0.4% 0.3% 0.2% 0.2% 0.1% 0.1% 0.11%
Dividend/Share $0.27 $0.27 $0.27 $0.27 $0.27 $0.27 $0.27 $0.27 $0.27 $0.27 $0.28 $0.28 $0.28 $0.28 $0.27 $0.28 $0.28 $0.28 $0.28 $0.26 $0.28
Payout Ratio 16.6% 13.6% 12.7% 9.5% 7.3% 6.5% 5.5% 4.7% 4.5% 4.7% 4.7% 5.3% 6.4% 8.4% 8.0% 6.7% 5.3% 5.6% 6.3% 5.8% 5.78%
FCF Payout Ratio 75.4% — — 47.0% 17.4% 10.9% 6.3% 6.0% 4.1% 3.6% 4.1% 3.6% 4.2% 5.8% 5.5% 7.2% 7.8% 5.1% 4.7% 4.8% 4.76%
Total Payout Ratio 16.6% 13.6% 12.7% 10.4% 8.0% 7.1% 6.1% 4.7% 4.5% 4.9% 13.2% 26.9% 35.9% 47.6% 30.8% 10.4% 5.3% 5.6% 6.3% 5.8% 5.78%
Div. Increase Streak 1 1 1 1 1 1 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0
Chowder Number 0.03 0.03 0.02 0.02 0.02 0.02 0.02 0.01 0.01 0.03 0.03 0.03 0.02 -0.01 -0.01 -0.02 -0.01 0.01 0.01 0.02 0.015
Buyback Yield 0.0% 0.0% 0.0% 0.2% 0.1% 0.1% 0.1% 0.0% 0.0% 0.0% 0.9% 1.8% 1.6% 1.6% 1.0% 0.2% 0.0% 0.0% 0.0% 0.0% 0.00%
Net Buyback Yield 0.0% 0.0% 0.0% 0.2% 0.1% 0.1% 0.1% 0.0% 0.0% 0.0% 0.9% 1.8% 1.6% 1.6% 1.0% 0.2% 0.0% 0.0% 0.0% -9.7% -9.74%
Total Shareholder Return 2.3% 2.2% 1.6% 2.0% 1.2% 0.9% 0.8% 0.5% 0.6% 0.4% 1.3% 2.2% 2.0% 1.9% 1.4% 0.4% 0.2% 0.2% 0.1% -9.7% -9.67%
DuPont Factors
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Tax Burden (NI/EBT) 0.94 0.91 0.90 0.94 0.91 0.89 0.87 0.87 0.87 0.89 0.88 0.82 0.81 0.66 0.66 0.67 0.70 0.65 0.62 0.65 0.649
Interest Burden (EBT/EBIT) 0.85 0.89 0.90 0.92 0.95 0.95 0.95 0.96 0.96 0.97 0.97 0.98 0.98 0.94 0.89 0.87 0.86 0.87 0.87 0.90 0.904
EBIT Margin 0.05 0.06 0.06 0.07 0.09 0.10 0.11 0.13 0.14 0.13 0.15 0.15 0.13 0.12 0.13 0.15 0.17 0.16 0.15 0.14 0.138
Asset Turnover 1.08 1.13 1.17 1.18 1.21 1.22 1.26 1.26 1.20 1.13 1.05 1.00 0.92 0.70 0.75 0.78 0.84 0.72 0.74 0.67 0.672
Equity Multiplier 2.49 2.45 2.43 2.40 2.39 2.28 2.22 2.06 2.00 1.88 1.81 1.69 1.66 2.17 2.07 1.99 1.93 2.40 2.32 1.69 1.685
Per Share
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
EPS (Diluted TTM) $1.64 $1.99 $2.13 $2.87 $3.74 $4.17 $4.87 $5.71 $5.93 $5.78 $6.04 $5.37 $4.37 $3.27 $3.42 $4.13 $5.27 $4.98 $4.45 $4.44 $4.44
Book Value/Share $16.13 $16.74 $17.20 $18.07 $18.91 $20.75 $21.76 $23.83 $25.15 $26.67 $27.86 $28.95 $29.27 $28.74 $29.98 $32.74 $34.60 $34.44 $35.49 $66.81 $74.42
Tangible Book/Share $8.99 $9.71 $10.40 $11.57 $12.62 $14.48 $15.61 $17.73 $19.20 $20.71 $21.97 $23.09 $23.47 $-6.33 $-4.74 $-2.55 $-0.65 $-0.59 $-0.00 $34.79 $34.79
Revenue/Share $41.28 $43.59 $45.50 $48.09 $50.65 $51.74 $53.98 $53.86 $52.36 $50.10 $47.86 $45.48 $41.83 $42.63 $44.46 $48.05 $52.52 $54.67 $56.74 $54.66 $54.72
FCF/Share $0.36 $-0.38 $-1.21 $0.58 $1.57 $2.49 $4.25 $4.49 $6.63 $7.54 $6.94 $7.85 $6.56 $4.78 $4.94 $3.89 $3.61 $5.55 $6.02 $5.39 $5.39
OCF/Share $0.78 $0.37 $-0.39 $1.42 $2.44 $3.18 $5.07 $5.46 $7.64 $8.48 $7.85 $8.61 $7.38 $5.90 $6.05 $5.22 $4.80 $6.52 $6.98 $6.14 $6.14
Cash/Share $4.99 $4.95 $4.09 $5.26 $5.68 $5.56 $6.09 $5.09 $7.84 $9.94 $9.74 $11.68 $13.05 $5.52 $5.32 $4.79 $4.67 $4.68 $4.81 $22.49 $22.51
EBITDA/Share $3.40 $3.83 $4.01 $4.65 $5.64 $6.11 $6.94 $7.91 $8.13 $7.79 $8.11 $7.81 $6.67 $6.56 $7.36 $8.90 $10.76 $11.04 $10.41 $9.54 $9.54
Debt/Share $9.99 $10.75 $11.01 $10.94 $10.49 $9.39 $9.41 $6.48 $6.40 $6.43 $6.55 $6.67 $6.63 $25.37 $24.73 $22.51 $20.18 $19.20 $18.29 $2.52 $2.52
Net Debt/Share $5.00 $5.80 $6.92 $5.68 $4.81 $3.83 $3.32 $1.39 $-1.45 $-3.51 $-3.20 $-5.01 $-6.42 $19.85 $19.41 $17.72 $15.51 $14.52 $13.48 $-19.97 $-19.97
Academic Models
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Altman Z-Score — — — — — — — — — — — — — — — — — — — — 12.643
Altman Z-Prime snapshot only 23.368
Piotroski F-Score 5 6 5 6 6 6 7 6 8 7 8 7 7 5 4 3 4 9 8 8 8
Beneish M-Score -2.07 -2.02 -1.98 -2.22 -2.28 -2.38 -2.47 -2.53 -2.88 -3.05 -3.04 -3.21 -3.13 -1.89 -1.88 -1.52 -1.32 -2.53 -2.50 -2.34 -2.337
Ohlson O-Score snapshot only -10.007
ROIC (Greenblatt) snapshot only 16.54%
Net-Net WC snapshot only $32.80
EVA snapshot only $38295868.38
Credit
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Credit Rating snapshot only AA-
Credit Score 58.56 60.92 60.91 67.95 77.31 81.44 87.36 93.77 93.31 93.37 93.51 93.47 93.47 69.05 65.60 72.57 73.38 75.49 76.35 80.84 80.843
Credit Grade snapshot only 4
Credit Trend snapshot only 8.272
Implied Spread (bps) snapshot only 100.000
Industry Credit Rank snapshot only 66
Sector Credit Rank snapshot only 69

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms