Last $22.39 USD
Change Today -0.12 / -0.53%
Volume 2.8K
BELFA On Other Exchanges
Symbol
Exchange
NASDAQ GS
NASDAQ GS
Berlin
As of 8:10 PM 07/22/14 All times are local (Market data is delayed by at least 15 minutes).

bel fuse inc-cl a (BELFA) Snapshot

Open
$22.55
Previous Close
$22.51
Day High
$22.55
Day Low
$22.35
52 Week High
06/11/14 - $27.23
52 Week Low
07/29/13 - $13.52
Market Cap
263.3M
Average Volume 10 Days
1.9K
EPS TTM
$2.08
Shares Outstanding
2.2M
EX-Date
07/11/14
P/E TM
10.8x
Dividend
$0.24
Dividend Yield
1.07%
Current Stock Chart for BEL FUSE INC-CL A (BELFA)

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bel fuse inc-cl a (BELFA) Details

Bel Fuse Inc. designs, manufactures, and sells products used in the networking, telecommunication, high-speed data transmission, commercial aerospace, military, broadcasting, transportation, and consumer electronic industries worldwide. It offers magnetic products, such as MagJack integrated connector modules that provide signal conditioning, electromagnetic interference suppression, and signal isolation for networking, telecommunications, and broadband applications; power transformer products for use in industrial instrumentation, alarm and security systems, motion control, elevators, medical products, and other applications; SMD power inductors; and discrete magnetic components, including transformers and chokes for use in networking, telecommunications, and broadband applications. The company also provides modules comprising power conversion products, such as AC-DC power supplies, DC-DC converters, and battery charging solutions; and integrated modules, which condition, filter, and isolate the electronic signal for data/voice/video transmission. In addition, it provides circuit protection devices, including board level fuses and polymeric positive temperature coefficient devices for use in products comprising televisions, consumer electronics, power supplies, computers, telephones, and networking equipment. Further, the company offers interconnect products, such as passive jacks that are used as a connectivity device in routers, hubs, switches, and patch panels; modular plugs and cable assemblies; Ethernet networks; I/O interconnects; fiber optic connectors; compression interconnects; and custom modular enclosures for use in various industries. It sells its products through direct strategic account managers, regional sales managers working with independent sales representative organizations, or authorized distributors. Bel Fuse Inc. was founded in 1949 and is headquartered in Jersey City, New Jersey.

6,370 Employees
Last Reported Date: 03/13/14
Founded in 1949

bel fuse inc-cl a (BELFA) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $600.0K
Vice President of Operations
Total Annual Compensation: $430.0K
Chief Accounting Officer, Vice President of F...
Total Annual Compensation: $450.0K
Vice President of Asia Operations
Total Annual Compensation: $323.1K
Compensation as of Fiscal Year 2013.

bel fuse inc-cl a (BELFA) Key Developments

Bel Fuse Inc. Enters into a Senior Credit and Security Agreement

On June 19, 2014, Bel Fuse Inc. entered into a senior Credit and Security Agreement with KeyBank National Association as administrative agent, swing line lender and issuing lender, and the other lenders identified therein. The company is the borrower under the New Secured Credit Agreement, which consists of a $50 million revolving credit facility, with a sublimit of up to $10 million available for letters of credit and a sublimit of up to $5 million available for swing line loans, a $145 million term loan facility and a $70 million delayed draw term loan. Under the terms of the New Secured Credit Agreement, the company is entitled, subject to the satisfaction of certain conditions, to request additional commitments under the revolving credit facility or term loans in the aggregate principal amount of up to $100 million to the extent that existing or new lenders agree to provide such additional commitments and/or term loans. The obligations of the company under the New Secured Credit Agreement are guaranteed by certain of the company's material U.S. subsidiaries. In addition, the obligations of the company under the New Secured Credit Agreement are secured by a first priority security interest in substantially all of the existing and future personal property of the Loan Parties, certain material real property of the Loan Parties and certain of the Loan Parties' material U.S. subsidiaries, including 65% of the voting capital stock of certain of the Loan Parties' direct foreign subsidiaries. The borrowings under the New Secured Credit Agreement will bear interest at a rate equal to, at the company's option, either LIBOR, plus a margin ranging from 1.75% per annum to 3.00% per annum depending on the company's leverage ratio, or (2)(a) an Alternate Base Rate," which is the highest of the federal funds rate plus 0.50%, KeyBank's prime rate and the LIBOR rate with a maturity of one month plus 1.00%, plus a margin ranging from 0.75% per annum to 2.00% per annum, depending on the company's leverage ratio. The New Secured Credit Agreement matures on June 18, 2019.

Bel Fuse Inc. Declares Regular Quarterly Cash Dividend Payable on August 1, 2014

Bel Fuse Inc. announced that its board of directors has declared regular quarterly cash dividends of $0.06 per share on the company's Class A common shares and $0.07 per share on the company's Class B common shares. Cash dividends for Class A and Class B common shares are payable on August 1, 2014 to shareholders of record on July 15, 2014.

Bel Fuse Inc. - Shareholder/Analyst Call

Bel Fuse Inc. - Shareholder/Analyst Call

 

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BELFA

Industry Average

Valuation BELFA Industry Range
Price/Earnings 13.6x
Price/Sales 0.7x
Price/Book 1.1x
Price/Cash Flow 2.6x
TEV/Sales NM Not Meaningful
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