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Belden Inc (BDC)



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Upturn Advisory Summary
04/01/2025: BDC (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit -8.29% | Avg. Invested days 39 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.07B USD | Price to earnings Ratio 21.06 | 1Y Target Price 137.2 |
Price to earnings Ratio 21.06 | 1Y Target Price 137.2 | ||
Volume (30-day avg) 323368 | Beta 1.02 | 52 Weeks Range 80.75 - 131.70 | Updated Date 04/1/2025 |
52 Weeks Range 80.75 - 131.70 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 0.20% | Basic EPS (TTM) 4.8 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 8.06% | Operating Margin (TTM) 12.77% |
Management Effectiveness
Return on Assets (TTM) 5.39% | Return on Equity (TTM) 16.12% |
Valuation
Trailing PE 21.06 | Forward PE 16.26 | Enterprise Value 4917939347 | Price to Sales(TTM) 1.65 |
Enterprise Value 4917939347 | Price to Sales(TTM) 1.65 | ||
Enterprise Value to Revenue 2 | Enterprise Value to EBITDA 12.87 | Shares Outstanding 40269400 | Shares Floating 39712464 |
Shares Outstanding 40269400 | Shares Floating 39712464 | ||
Percent Insiders 1.52 | Percent Institutions 104.45 |
Analyst Ratings
Rating 4.8 | Target Price 140.4 | Buy 1 | Strong Buy 4 |
Buy 1 | Strong Buy 4 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Belden Inc

Company Overview
History and Background
Belden Inc. was founded in 1902 as Belden Manufacturing Company. Initially focused on manufacturing insulated wire, the company evolved to provide connectivity solutions for various industries. Significant milestones include acquisitions of Hirschmann and Lumberg, expanding its reach into industrial networking and connectivity.
Core Business Areas
- Industrial Automation Solutions: Provides networking and connectivity solutions for industrial environments, including Ethernet switches, cables, and connectors.
- Enterprise Solutions: Offers cabling and connectivity products for enterprise networks, including data centers and commercial buildings.
- Broadcast Solutions: Provides cable and connectivity solutions for broadcast and entertainment industries.
Leadership and Structure
Roel Vestjens is the President and CEO of Belden Inc. The company operates with a global structure, organized by business segments and geographic regions.
Top Products and Market Share
Key Offerings
- Industrial Ethernet Switches: Ruggedized Ethernet switches for industrial networking applications. Competitors include Cisco Systems (CSCO), Siemens (SIE.DE) and Rockwell Automation (ROK). Market share is estimated at 10-15% in specific industrial Ethernet switch sub-segments.
- Connectivity Solutions (Cables and Connectors): A wide range of cables and connectors for various applications. Competitors include CommScope (COMM) and TE Connectivity (TEL). Belden doesn't report the direct revenue, but is a significant revenue generator in overall revenues.
- Security Networking: Security appliances that provide advanced networking and cybersecurity features. Competitors include Fortinet (FTNT) and Palo Alto Networks (PANW). Belden doesn't report the direct revenue, but is a smaller part of overall revenues.
Market Dynamics
Industry Overview
The connectivity and networking industry is driven by increasing demand for data transmission, automation, and digital transformation. It includes a wide array of players catering to varied needs across different industries.
Positioning
Belden Inc. is positioned as a leading provider of connectivity solutions for industrial automation and networking. Its competitive advantage lies in its focus on ruggedized and specialized solutions.
Total Addressable Market (TAM)
The global connectivity and networking market is projected to reach hundreds of billions of dollars. Belden is positioned within specific niches (industrial automation and broadcasting) of this TAM, representing a significant addressable market. Estimate is $500 billion.
Upturn SWOT Analysis
Strengths
- Strong brand reputation in industrial networking
- Wide product portfolio
- Global presence
- Focus on innovation and technology
Weaknesses
- Reliance on specific industries
- Exposure to economic cycles
- Integration risks from acquisitions
- Higher operating costs in some segments
Opportunities
- Growing demand for industrial automation
- Expansion into new markets
- Development of new technologies
- Strategic acquisitions
Threats
- Intense competition
- Technological obsolescence
- Economic downturns
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- COMM
- TEL
- CSCO
- ROK
- SIE.DE
Competitive Landscape
Belden Inc. competes with large, diversified companies as well as smaller, specialized players. Beldenu2019s competitive advantage lies in its focus on specific niches and its strong brand reputation.
Major Acquisitions
Lumberg Automation
- Year: 2010
- Acquisition Price (USD millions): 76
- Strategic Rationale: Expanded Belden's industrial automation product offerings and market presence.
Growth Trajectory and Initiatives
Historical Growth: Belden Inc. has grown through organic growth and strategic acquisitions.
Future Projections: Analysts project continued growth in revenue and earnings, driven by increasing demand for connectivity solutions.
Recent Initiatives: Recent initiatives include investments in R&D, expansion into new markets, and acquisitions to expand product portfolio.
Summary
Belden Inc. is a moderately strong company with a solid reputation in industrial networking. It benefits from the increasing demand for connectivity solutions. However, Belden faces challenges from intense competition and economic cycles. The company should continue to invest in innovation and expand into new markets to maintain its competitive edge.
Similar Companies
- COMM
- TEL
- CSCO
- ROK
Sources and Disclaimers
Data Sources:
- Company SEC Filings
- Industry Reports
- Analyst Estimates
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered financial advice. Market share estimates are approximate and may vary depending on the source.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Belden Inc
Exchange NYSE | Headquaters Saint Louis, MO, United States | ||
IPO Launch date 1993-09-29 | President, CEO & Director Dr. Ashish Chand | ||
Sector Technology | Industry Communication Equipment | Full time employees 7500 | Website https://www.belden.com |
Full time employees 7500 | Website https://www.belden.com |
Belden Inc. provides signal transmission solutions for mission critical applications in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It operates through two segments, Smart Infrastructure Solutions and Automation Solutions. The Smart Infrastructure Solutions segment offers copper cable and connectivity solutions, fiber cable and connectivity solutions, interconnect panels, racks and enclosures, and signal extension and matrix switching systems for use in local area networks, data centers, access control, 5G, fiber to the home, and building automation applications. It also provides power, cooling, and airflow management products for mission-critical data center operations; and end-to-end fiber and copper network systems. This segment serves commercial real estate, education, financial, stadiums and venues, military installations, and broadband and wireless service providers, as well as data centers, government, healthcare, and hospitality sectors. The Automation Solutions segment offers network infrastructure and digitization solutions; and products and solutions covering various aspects of data handling, including acquisition, transmission, orchestration, and management for applications in discrete automation, process automation, energy, and mass transit. It sells its products to distributors, end-users, installers, and original equipment manufacturers (OEMs). The company was formerly known as Belden CDT Inc. and changed its name to Belden Inc. in May 2007. Belden Inc. was founded in 1902 and is headquartered in Saint Louis, Missouri.
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