Belden (STU:QCTA) ROA %: 7.82% (As of Jun. 2026) — 99% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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STU:QCTA Belden Inc STU:QCTA
70 GF Score
Price €106.00
GF Value €107.95
Valuation Fairly Valued
View Full Analysis

What is Belden ROA %?

Belden STU:QCTA +20.45% 70 ROA % is 7.82% as of Jun. 2026, which is 99% above its 10-year median of 3.92. GuruFocus rates STU:QCTA with a GF Score™ of 70/100 and a GF Value™ of €107.95 (Fairly Valued). Among 2,500 Hardware companies, Belden ranks better than 78.32% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Belden's annualized Net Income for the quarter that ended in Jun. 2026 was €238 Mil. Belden's average Total Assets over the quarter that ended in Jun. 2026 was €3,044 Mil. Therefore, Belden's annualized ROA % for the quarter that ended in Jun. 2026 was 7.82%.

The historical rank and industry rank for Belden's ROA % or its related term are showing as below:

STU:QCTA' s ROA % Range Over the Past 10 Years
Min: -10.49   Med: 3.92   Max: 7.74
Current: 7.01

During the past 13 years, Belden's highest ROA % was 7.74%. The lowest was -10.49%. And the median was 3.92%.

STU:QCTA's ROA % is ranked better than
78.32% of 2500 companies
in the Hardware industry
Industry Median: 2.305 vs STU:QCTA: 7.01

Belden  (STU:QCTA) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Jun. 2026 )
=Net Income/Total Assets
=237.956/3044.4335
=(Net Income / Revenue)*(Revenue / Total Assets)
=(237.956 / 2604.544)*(2604.544 / 3044.4335)
=Net Margin %*Asset Turnover
=9.14 %*0.8555
=7.82 %

Note: The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Belden ROA % Related Terms


Belden ROA % Historical Data

* Premium members only.

The historical data trend for Belden's ROA % 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.

Belden ROA % Chart

Belden Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.02 8.00 7.48 6.16 6.54

Belden Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.08 6.58 7.79 5.87 7.82

STU:QCTA vs EXTR, ONDS, VISN: ROA % Comparison

For the Communication Equipment subindustry, Belden's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Hardware Industry

For the Hardware industry and Technology sector, Belden's ROA % distribution charts can be found below:

* The bar in red indicates where Belden's ROA % falls into.


STU:QCTA
70GF Score
Belden Inc STU:QCTA
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Belden ROA % Calculation

Belden's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=202.844/( (3178.181+3026.252)/ 2 )
=202.844/3102.2165
=6.54 %

Belden's annualized ROA % for the quarter that ended in Jun. 2026 is calculated as:

ROA %=Net Income (Q: Jun. 2026 )/( (Total Assets (Q: Mar. 2026 )+Total Assets (Q: Jun. 2026 ))/ count )
=237.956/( (2992.402+3096.465)/ 2 )
=237.956/3044.4335
=7.82 %

* 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 ROA %, the net income of the last fiscal year and the average total assets 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. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 7.82% mean?
Belden (STU:QCTA) has a ROA % of 7.82% as of Jun. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Belden and its competitors. This is 99% above median its historical median of 3.92. According to the industry distribution chart, Belden ranks #542 out of 2500 companies in the Hardware industry, placing it in the top 21.7%.
Is Belden's ROA % too high?
Belden's current ROA % of 7.82% is 99% above median its 10-year median of 3.92. The Hardware industry median ROA % is 2.31. Belden's value of 7.82% is 239.3% above this industry median. Based on the distribution chart, Belden ranks #542 out of 2500 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 ROA % compare to EXTR and ONDS?
According to the Hardware industry distribution chart, Belden ranks #542 out of 2500 companies for ROA %. This places Belden in the top 22% of its industry — outperforming the majority of peers. The industry median ROA % is 2.31. Belden's value of 7.82% is 239.3% above this benchmark. While the company's 10-year median is 3.92 vs. the industry median of 2.31, 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 ROA % for a Hardware company?
The median ROA % among Hardware companies is 2.31, based on 2,500 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Belden's current ROA % of 7.82% is 239.3% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Belden and its competitors. For the Hardware industry, the median ROA % is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Belden's current ROA % is 7.82%, which is 99% above median its own 10-year median of 3.92. 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 ROA % is 7.82%, which is 99% above median its 10-year median of 3.92 and 239.3% above the Hardware industry median of 2.31. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Belden (STU:QCTA), the current ROA % is 7.82% 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:

  • ROA %: 7.82% (99% above median its 10-year median of 3.92)
  • GF Value™: €107.95 vs. price of €106.00 (1.8% below fair value)
  • GF Score™: 70/100
  • Industry Position: 239.3% above the Hardware median (#542 of 2500)

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 Business Description

Other Exchanges BDC:USA
Address 1 North Brentwood Boulevard, 15th Floor, St. Louis, MO, USA, 63105
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

Get the complete analysis for STU:QCTA

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€106.00
Price
€107.95
GF Value