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Bel FuseBELFA +3.48%74 Return-on-Tangible-Equity is 43.04% as of Jun. 2026, which is 88% above its 10-year median of 22.86. GuruFocus rates BELFA with a GF Score™ of 74/100 and a GF Value™ of $95.76 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,382 Hardware companies, Bel Fuse ranks better than 96.22% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Bel Fuse's annualized net income for the quarter that ended in Jun. 2026 was $101.9 Mil. Bel Fuse's average shareholder tangible equity for the quarter that ended in Jun. 2026 was $236.8 Mil. Therefore, Bel Fuse's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 43.04%.
The historical rank and industry rank for Bel Fuse's Return-on-Tangible-Equity or its related term are showing as below:
BELFA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -145.18 Med: 22.86 Max: 62.89
Current: 62.89
During the past 13 years, Bel Fuse's highest Return-on-Tangible-Equity was 62.89%. The lowest was -145.18%. And the median was 22.86%.
BELFA's Return-on-Tangible-Equity is ranked better than 96.22% of 2382
companies
in the Hardware industry
Industry Median: 5.485
vs BELFA: 62.89
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Bel Fuse Return-on-Tangible-Equity Related Terms
Bel Fuse Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Bel Fuse's Return-on-Tangible-Equity 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.
BELFA vs OLED, OSIS, KN: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Bel Fuse's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Bel Fuse Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Bel Fuse's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Bel Fuse's Return-on-Tangible-Equity 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 43.04% mean?
Bel Fuse (BELFA) has a Return-on-Tangible-Equity of 43.04% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Bel Fuse and its competitors. This is 88% above median its historical median of 22.86. According to the industry distribution chart, Bel Fuse ranks #90 out of 2382 companies in the Hardware industry, placing it in the top 3.8%.
Is Bel Fuse's Return-on-Tangible-Equity too high?
Bel Fuse's current Return-on-Tangible-Equity of 43.04% is 88% above median its 10-year median of 22.86. The Hardware industry median Return-on-Tangible-Equity is 5.49. Bel Fuse's value of 43.04% is 684.7% above this industry median. Based on the distribution chart, Bel Fuse ranks #90 out of 2382 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Bel Fuse has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bel Fuse's Return-on-Tangible-Equity compare to OLED and OSIS?
According to the Hardware industry distribution chart, Bel Fuse ranks #90 out of 2382 companies for Return-on-Tangible-Equity. This places Bel Fuse in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.49. Bel Fuse's value of 43.04% is 684.7% above this benchmark. While the company's 10-year median is 22.86 vs. the industry median of 5.49, Bel Fuse 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 Return-on-Tangible-Equity for a Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.49, based on 2,382 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bel Fuse's current Return-on-Tangible-Equity of 43.04% is 684.7% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Bel Fuse and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bel Fuse's current Return-on-Tangible-Equity is 43.04%, which is 88% above median its own 10-year median of 22.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bel Fuse stock overvalued right now?
Based on GuruFocus' analysis, Bel Fuse (BELFA) is currently considered Significantly Overvalued. The stock's GF Value™ is $95.76, compared to a current price of $242.78 — trading 153.5% above its estimated fair value. The current Return-on-Tangible-Equity is 43.04%, which is 88% above median its 10-year median of 22.86 and 684.7% above the Hardware industry median of 5.49. Bel Fuse's overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Bel Fuse (BELFA), the current Return-on-Tangible-Equity is 43.04% 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 Bel Fuse (BELFA) Overvalued in 2026?
Based on GuruFocus' analysis, Bel Fuse stock appears to be overvalued.
The current stock price of $242.78 is trading 153.5% above its estimated GF Value™ of $95.76.
GuruFocus considers Bel Fuse to be Significantly Overvalued.
Key valuation signals for BELFA:
Return-on-Tangible-Equity: 43.04% (88% above median its 10-year median of 22.86)
GF Value™: $95.76 vs. price of $242.78 (153.5% above fair value)
Industry Position: 684.7% above the Hardware median (#90 of 2382)
No single metric tells the full story. See the BELFA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bel Fuse Inc designs and manufactures electronic components that protect and connect electronic circuits. Its product portfolio is divided into three categories: magnetic solutions, power solutions & protection, and connectivity solutions. These products are used for the computer, networking, telecommunications, transportation and defense/aerospace, automotive, medical, and consumer electronics industries. Its geographical segments are the United States, Macao, United Kingdom, Slovakia, Germany, Switzerland, and All other foreign countries. Majority of the revenue is derived from United States.
74GF Score
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