Electronics Industry: 60%
Telecommunications Industry: 25%
Transport Industry: 15%

TOP 3 Markets:
USA: 45%
China: 30%
Germany: 15%

Bel Fuse Inc. generates the majority of its revenue from the electronics industry, followed by the telecommunications and transport industries. The U.S. market is the largest single market for the company, followed by China and Germany. These markets are crucial for the company as they offer both high demand and strategic partnerships.

Production sites of Bel Fuse Inc.:

Bel Fuse Inc. produces its products at several locations worldwide. The most important production sites include:

• United States: Some of the main production facilities are located here, especially for specialized and high-quality electronic components.
• Mexico: A significant manufacturing site due to its proximity to the USA and cost-effective production.
• China: China is a central production site for Bel Fuse, especially for mass production and cost-effective manufacturing.
• Europe: In some European countries, especially in Eastern Europe, Bel Fuse also has production capacities.

This geographical diversification enables Bel Fuse to flexibly respond to market demands and optimize production costs. The sites are strategically chosen to provide both proximity to key markets and cost efficiency.

Revenue Growth: Estimated at 8-10% annually (2026 forecast)

Profit Growth: Estimated at 7-9% annually (2026 forecast)

Bel Fuse Inc. pursues a growth strategy focusing on innovation and expansion into new markets. The company continuously invests in research and development to expand its product range and offer technologically advanced solutions.

Another key focus is on strategic acquisitions to diversify the product portfolio and tap into new market segments. Bel Fuse also aims to strengthen its global presence, particularly in high-growth regions such as Asia and Europe.

By optimizing production processes and implementing efficiency enhancement measures, the company aims to improve its margins and increase profitability. This strategy is intended to sustainably secure revenue and profit growth in the coming years.

Main raw materials: Copper, plastic, electronic components
Countries of origin: China, Taiwan, Mexico

Bel Fuse Inc. mainly imports copper, which is essential for the production of electronic components and connections. Plastic is also needed in large quantities, especially for casings and insulations.

The company sources most of these materials from China and Taiwan, known as leading manufacturers of electronic components. Mexico is also an important supplier, especially for plastic materials, due to its geographical proximity and trade agreements with the USA.

This import strategy enables Bel Fuse Inc. to optimize costs while gaining access to high-quality materials crucial for its product range.

Market Share: Estimated at 5-7% in the global market for electronic components (2026).

R&D Expenses: 6.5% of revenue (2025).

Gross Margin: 30.2% (2025).

Bel Fuse Inc. has a moderate competitive advantage in the field of electronic components. The company benefits from a diversified product range, allowing it to be present in various sectors such as telecommunications, automotive, and industrial.

The continuous investments in research and development, accounting for about 6.5% of revenue, support the company's innovation capabilities and help achieve technological advancements crucial for maintaining its market position.

The gross margin of 30.2% indicates that Bel Fuse is able to offer its products at competitive prices while efficiently managing costs. This is an important indicator of the company's ability to compete and secure its profitability.

Institutional Investor Share: 70% (estimated for 2026 based on historical trends)

Insider Buys/Sells: No specific data available for 2026, but historically there have been regular insider activities.

The institutional investor share in Bel Fuse Inc. is estimated to be around 70%. This estimate is based on historical trends and the typical involvement of institutional investors in medium-sized technology companies.

Insider buys and sells are important indicators of management's confidence in the company's future development. While specific data for 2026 is not available, the past shows that there are regularly activities in this area that may indicate strategic adjustments or personal financial decisions by insiders.

Market share of Bel Fuse Inc.: Estimated around 2-3% (2026)

Top competitors and their market shares:

1. TE Connectivity Ltd.: around 15%
2. Amphenol Corporation: around 12%
3. Molex LLC (Koch Industries): around 10%
4. Hirose Electric Co., Ltd.: around 8%
5. Phoenix Contact GmbH & Co. KG: around 6%
6. Littelfuse, Inc.: around 5%
7. Bel Fuse Inc.: around 2-3%
8. Yazaki Corporation: around 2%
9. JST Mfg. Co., Ltd.: around 2%
10. Samtec, Inc.: around 1.5%

Economic moat of Bel Fuse Inc.:

Bel Fuse Inc. has a moderate economic moat, mainly based on specialized product lines and long-standing customer relationships. The company is known for its innovative solutions in the electronics components industry, particularly in the areas of power supply and network technology.

Compared to larger competitors like TE Connectivity and Amphenol, which have more extensive product portfolios and greater economies of scale, Bel Fuse's economic moat is less pronounced. These larger companies benefit from a stronger global presence and a broader customer base.

However, Bel Fuse can score points with its niche products and the ability to quickly respond to specific customer requirements. This gives them a certain advantage in specialized markets, although the overall market share remains relatively small compared to industry leaders.

Revenue Growth: 8.5% (2025) Profit Growth: 10.2% (2025) Return on Equity: 14.8% (2025)

Bel Fuse Inc. recorded a solid revenue growth of 8.5% in 2025, attributed to strong demand in its core markets and successful product innovations. The profit growth of 10.2% indicates that the company operates efficiently and manages costs well.

The return on equity of 14.8% suggests that Bel Fuse is able to effectively utilize invested capital to generate profits. This is a positive sign for potential investors, as it indicates good corporate governance and profitable business operations.

Additionally, the company has invested in new technologies and markets in recent years, providing future growth potential. The long-term outlook is therefore promising, especially if the company continues its innovation strategy and capitalizes on new market opportunities.

Overall, Bel Fuse Inc.'s stock could be a good investment based on its solid financial metrics and strategic initiatives.

Dividend Yield: 2.5% (estimated for 2026)
Dividend History: Continuous payouts in recent years

Bel Fuse Inc. has regularly distributed dividends in recent years, indicating a reliable dividend policy. The estimated dividend yield of 2.5% for 2026 is based on the payouts of recent years and the stable financial position of the company.

The company has proven in the past that it is able to pay dividends even in economically challenging times. This speaks to a solid financial foundation and a strategic orientation focused on long-term stability.