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BeldenSTU:QCTA +20.45%70 Net Margin % is 9.14% as of Jun. 2026, which is 42% above its 10-year median of 6.43. GuruFocus rates STU:QCTA with a GF Score™ of 70/100 and a GF Value™ of €107.95 (Fairly Valued). Among 2,475 Hardware companies, Belden ranks better than 75.68% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Belden's Net Income for the
three
months ended in Jun. 2026 was €59 Mil. Belden's Revenue for the
three
months ended in Jun. 2026 was €651 Mil. Therefore, Belden's net margin for the quarter that ended in Jun. 2026 was 9.14%.
The historical rank and industry rank for Belden's Net Margin % or its related term are showing as below:
STU:QCTA'
s Net Margin % Range Over the Past 10 Years
Min: -17.69 Med: 6.43 Max: 9.77
Current: 8.52
STU:QCTA's Net Margin % is ranked better than 75.68% of 2475
companies
in the Hardware industry
Industry Median: 2.7
vs STU:QCTA: 8.52
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Belden Net Margin % Related Terms
Belden Net Margin % Historical Data
* Premium members only.
The historical data trend for Belden's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
STU:QCTA vs EXTR, ONDS, VISN: Net Margin % Comparison
For the Communication Equipment subindustry, Belden's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Belden Net Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Belden's Net Margin % distribution charts can be found below:
* The bar in red indicates where Belden's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Belden (STU:QCTA) has a Net Margin % of 9.14% as of Jun. 2026. Net margin is the ratio of total net income to net sales. View historical data on Belden and its competitors. This is 42% above median its historical median of 6.43. According to the industry distribution chart, Belden ranks #602 out of 2475 companies in the Hardware industry, placing it in the top 24.3%.
Is Belden's Net Margin % too high?
Belden's current Net Margin % of 9.14% is 42% above median its 10-year median of 6.43. The Hardware industry median Net Margin % is 2.70. Belden's value of 9.14% is 238.5% above this industry median. Based on the distribution chart, Belden ranks #602 out of 2475 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Belden has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Belden's Net Margin % compare to EXTR and ONDS?
According to the Hardware industry distribution chart, Belden ranks #602 out of 2475 companies for Net Margin %. This places Belden in the top 24% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.70. Belden's value of 9.14% is 238.5% above this benchmark. While the company's 10-year median is 6.43 vs. the industry median of 2.70, Belden has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Hardware company?
The median Net Margin % among Hardware companies is 2.70, based on 2,475 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Belden's current Net Margin % of 9.14% is 238.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Belden and its competitors. For the Hardware industry, the median Net Margin % is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Belden's current Net Margin % is 9.14%, which is 42% above median its own 10-year median of 6.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Belden stock overvalued right now?
Based on GuruFocus' analysis, Belden (STU:QCTA) is currently considered Fairly Valued. The stock's GF Value™ is €107.95, compared to a current price of €106.00 — trading 1.8% below its estimated fair value. The current Net Margin % is 9.14%, which is 42% above median its 10-year median of 6.43 and 238.5% above the Hardware industry median of 2.70. Belden's overall GF Score™ is 70/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Belden (STU:QCTA), the current Net Margin % is 9.14% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Belden (STU:QCTA) Overvalued in 2026?
Based on GuruFocus' analysis, Belden stock appears to be undervalued.
The current stock price of €106.00 is trading 1.8% below its estimated GF Value™ of €107.95.
GuruFocus considers Belden to be Fairly Valued.
Key valuation signals for STU:QCTA:
Net Margin %: 9.14% (42% above median its 10-year median of 6.43)
GF Value™: €107.95 vs. price of €106.00 (1.8% below fair value)
Industry Position: 238.5% above the Hardware median (#602 of 2475)
No single metric tells the full story. See the STU:QCTA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Belden Inc is a supplier of complete connection solutions. It has two segments, Smart Infrastructure Solutions and Automation Solutions. Smart Infrastructure Solutions provides network infrastructure and broadband solutions, serving markets such as data centers, government, healthcare, and broadband and wireless service providers, with products including copper and fiber cable and connectivity solutions. Automation Solutions provides digitization and automation solutions that enable IT OT convergence and support acquisition, transmission, orchestration, and management, serving markets including Warehousing and Logistics, Energy, Transportation, and Discrete Manufacturing. The company operates in the Americas, EMEA, and APAC, with maximum revenue coming from the Americas.
70GF Score
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