
Fundamental analysis: Belden Inc. (BDC)
Awarener score: 5.5
Conclusion
The higher the Awarener score, the more bang you get for the buck. It measures how much genuine funds the company generates for the stock price paid (Average), the business stability (Modest) and growth (Poor), and the company's inclination to return cash to the stockholders (Good).
Note: All scores range from 1 (worst) to 10 (best). Conclusions are updated daily with closing stock prices and new reported quarterly financial statements.
Revenue score: 4.0
- Business has been shrinking. It's been below average when measured against peer companies.
- Belden Inc. business trend isn't so stable. The higher the stability, the lower the risk. It looks somewhat worse than rivals.
Margins score: 5.7
- BDC profit margins -on goods and services sold- are usually hardly sufficient. They stand slightly worse than rival companies.
- Business profit on sales tends to be good. It's more than average in relation to competitors.
- Profits on sales made -available to repay debt and purchase properties- are usually hardly sufficient. They remain rather normal in relation to peers.
- Earnings -before income taxes and interests on loans taken- tend to be hardly sufficient in relation to total revenues. They're still somewhat better than similar companies.
- Profits -before income taxes- are usually good considering total sales, and remain more than average in relation to rivals.
- Total net profit tends to be hardly sufficient when confronted to sales. Company stands similar to comparable firms.
Growth score: 2.7
- Belden Inc. profit growth -on goods and services sold- has been almost stagnant. It's been in a weak position compared to competitors.
- In recent years, earnings -on operations- have been growing at a very low step, which has been slightly better than comparable firms.
- In past years, the company couldn't always turn a profit -available to repay debt and purchase properties-, which compares last-in-rank when measured against peer enterprises.
- In the previous years, the firm couldn't always make a profit -before income taxes and interests on loans taken-. It turns to be a disappointment compared to similar stocks.
- In past years, profits -before income taxes- grew at a very good speed. It was somewhat better than rivals.
- In the previous years, the firm had at least a total net loss, and last-in-rank when measured against peer companies.
- The company lost money at least once in the past years. It's been a disappointment compared to industry peers.
Miscellaneous score: 6.0
- BDC had to pay some income taxes in relation to profits made in the past years. It's been somewhat worse than peers.
- Research and development expenses consume a sparse portion of revenues. It's great when measured against competitors.
- The company grows sparsely in relation to research and development efforts. It stands rather normal in relation to rival companies.
Profitability score: 6.0
- Belden Inc. usually gets good returns on the resources it controls. It proves encouraging in relation to peer firms.
- The company normally gets hardly sufficient proceeds -on the resources directly invested in the business-. They remain a slight improvement compared to similar companies.
- Profitability -in relation to owned resources- is usually modest. It ranks similar to competitors.
- In the past, got good returns -on the tangible resources it controls-. This metric is usually related to the industry in which operates and combines profitability versus reinvestment needs. It's more than average in relation to comparable enterprises.
Usage of Funds score: 5.2
- BDC usually uses a modest portion of genuine funds generated to buy or replace property, plant, or equipment. The need for reinvestments isn't too high. It stands more than average in relation to rival firms.
- The company is usually replacing the property, plant, and equipment that gets old, keeping its operating capabilities up to date, which is encouraging in relation to industry peers.
- In the past twelve months it paid very little dividends, considering the current stock price. It came worse than most competitors.
- In recent years, has greatly cut back dividend payments. It could be enduring difficult times. The company has behaved in a very weak position compared to similar firms.
- Dividend payments usually represent a minor portion of genuine funds generation and are most likely safe. Sustainability looks well ranked against comparable companies.
- The company somewhat enlarges a bit the pool of investors, resulting in more mouths feeding on the pie of profits. It remains rather normal in relation to peer enterprises.
- Repurchase effectiveness metric is very complex. Run again in analytical mode if you're interested in a technical explanation. It stands close to average when compared to rivals.
- The company uses a moderate portion of genuine fund generation to reward investors, which can probably be sustained for as long as business doesn't turn very sour. It still looks encouraging in relation to competitors.
Balance Sheet score: 5.1
- Belden Inc. intangible assets (like brands and goodwill) represent a significant portion of resources controlled, according to accounting books. There could be significant difficulties in liquidating them if the company ever gets in financial distress. It happens to be substantially worse when measured against peer companies.
- The company has roughly triple short-term resources than short-term obligations. Liquidity concerns are most likely unimportant. It turns to be a slight improvement compared to similar firms.
- A significant part of resources controlled were provided for with financial debt. Creditors have almost as many claims on the company as shareholders. It remains worse than most rival firms.
- Controlled resources might be turned into cash and equivalents neither fast nor too slow. Liquidity and risk might be run-of-the-mill. It looks weak when measured against rivals.
- For every dollar of short-term obligations, the company has more than enough dollars in cash and short-term receivables. It's in good shape compared to peer firms.
- For every dollar of short-term obligations, the company has roughly another of cash and equivalents, which is somewhat better than similar enterprises.
- Usually, sales are on slightly higher than two months credit. It still ranks similar to peers.
- Normally has approximately three months of sales worth in inventory. It comes up as a slight improvement compared to competitors.
- On average, it takes higher than five months from the purchase to charging customers. It happens to be well ranked against peers.
- On average pays suppliers longer than two months after the purchase. It ranks almost average when measured against industry peers.
- The company pays its suppliers roughly three months before charging its customers, so there's sufficient money invested in working capital. It's a slight improvement compared to similar companies.
- Net interest expenses consume a significant portion of usual business earnings, but are mostly bearable. It stands somewhat worse than rival firms.
- Business earnings have usually been low when measured against loans taken. Even cutting back reinvesting in the business, it could take more than seven years to repay the obligations with current profitability. It ranks below average when measured against comparable enterprises.
- Revenues are reasonable in relation to property, plant, and equipment required to operate. This metric is likely dependent on the industry the company operates in. The more property, plant, and equipment used, the more the company must reinvest to fight obsolescence, which usually means less available funds for the shareholders in the long run. It looks in a weak position compared to similar firms.
- Resource exploitation is very good when yearly sales are considered. This metric is normally tied to the industry where the firm belongs. It's still slightly better than peer companies.
Valuation score: 5.9
- Belden Inc. looks reasonable in relation to profits and financial position. It happens to be more than average in relation to competitors.
- Price-to-Tangible-Book-Value is a fairly complex metric. Run again in analytical mode if you're interested in a technical explanation. It remains in a very weak position compared to peers.
- In the past twelve months, the company generated some good free funds in relation to the stock price, which stands well ranked against similar companies.
- The company usually generates reasonably more than enough genuine funds to cover up for its business needs. Surplus cash may be used to repay loans, to eventually buy new businesses, or to reward investors. Considering the financial position and stock price, the current valuation might be fair. It's still similar to industry firms.
- In the past twelve months, the company has barely rewarded investors, considering both dividends and share on the pie of earnings. It came up a slight improvement compared to peer ventures.
- The company has barely more debt than cash. It may borrow extra money if it wishes so, or start cumulating cash for future uses. It looks mediocre against similar enterprises.
- Considering the past twelve months, traditional Price-to-Earnings relation might be more or less reasonable, but hardly cheap. It ranks more than average in relation to peer companies.
- Comparing the current stock price with the past twelve-months revenues gives a roughly two to one relationship. This is an important metric to check its evolution through time, and to compare to industry peers. It looks lacking compared to rival firms.
- The relation between the stock price and accounting book value is significantly high, which may be good or bad depending on context. Run again in analytic mode if you want to dig deeper. The company remains mediocre against peer firms.
- In the past twelve months, the operating business earned good money when compared to the current stock price and financial position. It happens to be great when measured against industry peers.
- In an alternate metric of bang for the buck, the company has usually shown a mediocre earnings power ability when measured against the current stock price and financial position. It's still rather normal in relation to peer companies.
Total score: 5.1

Company at a glance: Belden Inc. (BDC)
Sector, industry: Technology, Communication Equipment
Market Cap: 3.82 billions
Revenues TTM: 2.64 billions
Belden Inc. provides portfolio of signal transmission solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It operates in two segments, Enterprise Solutions and Industrial Solutions. The Enterprise 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 applications, such as local area networks, data centers, access control, 5G, fiber, and home and building automation. It also provides power, cooling, and airflow management products for mission-critical data center operations; and end-to-end copper and fiber network systems. This segment serves commercial real estate, hospitality, healthcare, education, financial, government, and broadband and wireless service providers, as well as end-markets, including sport venues, stadiums, data centers, military installations, and academia. The Industrial Solutions segment offers infrastructure components and on-machine connectivity systems; and industrial Ethernet switches, network management software, routers, firewalls, gateways, input/output (I/O) connectors/systems, industrial Ethernet cables, optical fiber industrial Ethernet cables, Fieldbus cables, IP and networking cables, I/O modules, distribution boxes, and customer specific wiring solutions. This segment provides its products for use in applications comprising network and fieldbus infrastructure; sensor and actuator connectivity; and power, control, and data transmission; and supplies heat-shrinkable tubing and wire management products to protect and organize wire and cable assemblies. It serves distributors, original equipment manufacturers, installers, and end-users. 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 based in St. Louis, Missouri.
Awarener score: 5.5
Conclusion
The higher the Awarener score, the more bang you get for the buck. It measures how much genuine funds the company generates for the stock price paid (Average), the business stability (Modest) and growth (Poor), and the company's inclination to return cash to the stockholders (Good).