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Bel FuseBELFA +1.56%71 3-Year ROIIC % is 5.31 as of Dec. 2025, which is 15% below its 10-year median of 6.26. GuruFocus rates BELFA with a GF Score™ of 71/100 and a GF Value™ of $83.71 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,375 Hardware companies, Bel Fuse ranks better than 54.65% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Bel Fuse's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 5.31%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Bel Fuse's 3-Year ROIIC % or its related term are showing as below:
BELFA's 3-Year ROIIC % is ranked better than 54.65% of 2375
companies
in the Hardware industry
Industry Median: 2.34
vs BELFA: 5.31
Bel Fuse (NAS:BELFA) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Bel Fuse 3-Year ROIIC % Related Terms
Bel Fuse 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Bel Fuse's 3-Year ROIIC % 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: 3-Year ROIIC % Comparison
For the Electronic Components subindustry, Bel Fuse's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, Bel Fuse's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Bel Fuse's 3-Year ROIIC % 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Bel Fuse (BELFA) has a 3-Year ROIIC % of 5.31 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Bel Fuse and its competitors. This is 15% below median its historical median of 6.26. According to the industry distribution chart, Bel Fuse ranks #1077 out of 2375 companies in the Hardware industry, placing it in the top 45.3%.
Is Bel Fuse's 3-Year ROIIC % too high?
Bel Fuse's current 3-Year ROIIC % of 5.31 is 15% below median its 10-year median of 6.26. The Hardware industry median 3-Year ROIIC % is 2.34. Bel Fuse's value of 5.31 is 126.9% above this industry median. Based on the distribution chart, Bel Fuse ranks #1077 out of 2375 companies in the Hardware industry, which is above the industry midpoint. 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 3-Year ROIIC % compare to OLED and OSIS?
According to the Hardware industry distribution chart, Bel Fuse ranks #1077 out of 2375 companies for 3-Year ROIIC %. This puts Bel Fuse in the upper half of its industry. The industry median 3-Year ROIIC % is 2.34. Bel Fuse's value of 5.31 is 126.9% above this benchmark. While the company's 10-year median is 6.26 vs. the industry median of 2.34, 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 3-Year ROIIC % for a Hardware company?
The median 3-Year ROIIC % among Hardware companies is 2.34, based on 2,375 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bel Fuse's current 3-Year ROIIC % of 5.31 is 126.9% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Bel Fuse and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bel Fuse's current 3-Year ROIIC % is 5.31, which is 15% below median its own 10-year median of 6.26. 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 $83.71, compared to a current price of $227.27 — trading 171.5% above its estimated fair value. The current 3-Year ROIIC % is 5.31, which is 15% below median its 10-year median of 6.26 and 126.9% above the Hardware industry median of 2.34. Bel Fuse's overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Bel Fuse (BELFA), the current 3-Year ROIIC % is 5.31 as of Dec. 2025. 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 $227.27 is trading 171.5% above its estimated GF Value™ of $83.71.
GuruFocus considers Bel Fuse to be Significantly Overvalued.
Key valuation signals for BELFA:
3-Year ROIIC %: 5.31 (15% below median its 10-year median of 6.26)
GF Value™: $83.71 vs. price of $227.27 (171.5% above fair value)
Industry Position: 126.9% above the Hardware median (#1077 of 2375)
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.
71GF Score
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3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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