BELFA (Bel Fuse) ROCE %: 9.94% (As of Mar. 2026)

What is Bel Fuse ROCE %?

Bel Fuse BELFA +1.58% 71 ROCE % is 9.94% as of Mar. 2026. GuruFocus rates BELFA with a GF Score™ of 71/100 and a GF Value™ of $89.59 (Significantly Overvalued). The stock has 7 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Bel Fuse's annualized ROCE % for the quarter that ended in Mar. 2026 was 9.94%.

Bel Fuse (NAS:BELFA) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Bel Fuse ROCE % Related Terms

Bel Fuse ROCE % Historical Data

* Premium members only.

The historical data trend for Bel Fuse's ROCE % 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.

Bel Fuse ROCE % Chart

Bel Fuse Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

Get a 7-Day Free Trial

8.06

15.15

19.46

10.27

13.48

Bel Fuse Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															13.54	18.21	15.31	6.14	9.94

71GF Score

Bel Fuse Inc BELFA

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Bel Fuse ROCE % Calculation

Bel Fuse's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	109.801	/	( ( (949.789 - 128.069)	+	(935.2 - 127.445) )	/ 2 )
	=	109.801	/	( (821.72	+	807.755)	/ 2 )
	=	109.801	/	814.7375
	=	13.48 %

Bel Fuse's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	81.288	/	( ( (935.2 - 127.445)	+	(951.92 - 124.748) )	/ 2 )
	=	81.288	/	( ( 807.755	+	827.172 )	/ 2 )
	=	81.288	/	817.4635
	=	9.94 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 9.94% mean?

Bel Fuse (BELFA) has a ROCE % of 9.94% as of Mar. 2026.

Is Bel Fuse's ROCE % too high?

Bel Fuse's current ROCE % is 9.94%. The Hardware industry median ROCE % is 5.82. Bel Fuse's value of 9.94% is 70.8% above this industry median. Overall, Bel Fuse has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Bel Fuse's ROCE % compare to OSIS and OLED?

Bel Fuse's ROCE % of 9.94% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.82. Bel Fuse's value of 9.94% is 70.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for a Hardware company?

The median ROCE % among Hardware companies is 5.82, based on 2,445 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bel Fuse's current ROCE % of 9.94% is 70.8% 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 ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Hardware industry, the median ROCE % is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bel Fuse's current ROCE % is 9.94%. 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 $89.59, compared to a current price of $257.19 — trading 187.1% above its estimated fair value. The current ROCE % is 9.94% and 70.8% above the Hardware industry median of 5.82. Bel Fuse's overall GF Score™ is 71/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROCE % calculated?

ROCE % is calculated from a company's financial statements. For Bel Fuse (BELFA), the current ROCE % is 9.94% as of Mar. 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 $257.19 is trading 187.1% above its estimated GF Value™ of $89.59. GuruFocus considers Bel Fuse to be Significantly Overvalued.

Key valuation signals for BELFA:

ROCE %: 9.94%
GF Value™: $89.59 vs. price of $257.19 (187.1% above fair value)
GF Score™: 71/100 with 7 warning signs
Industry Position: 70.8% above the Hardware median

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 Business Description

Industry Technology Hardware

Comparable Companies OSIS OLED KN BHE OUST ROG CTS ALNT LPTH KOPN TPE:2308 APH GLW TPE:2317 TSE:6981 XKRX:009150 SZSE:002475 TEL TPE:2383 SZSE:002384

Other Exchanges BELFB:USA BF2B:Germany

Address 300 Executive Drive, Suite 300, West Orange, NJ, USA, 07052

Website https://www.belfuse.com

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.

71GF Score

Get the complete analysis for BELFA

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

$257.19

Price

$89.59

GF Value

View BELFA Analysis

See ROCE % data for all stocks →