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Verdict
Quantitative factor alignment verified for current market regime.
Quant Score
Rank
#796
Positioning
Market Dominance
Manufacturing
Steel Works
$4.9B
Roel Vestjens
Belden Inc. provides portfolio of signal transmission solutions in the Americas, Europe, the Middle East, Africa, and Asia-Pacific. It operates in two segments, Enterprise Solutions and Industrial Solutions. The Industrial Solutions segment offers infrastructure components and on-machine connectivity systems.
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Dates updated upon official exchange announcement.
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X-AXIS: EV/EBITDA (LOWER = CHEAPER) | Y-AXIS: ROE (HIGHER = ELITE) | RED CIRCLE = BDC ANALYSIS TARGET
| Stock | Rating | Score▼ | Quality | Value | Momentum | P/E | EV/EBITDA | ROE | ROA | Gross Mgn | Op Mgn | Net Mgn | Rev Growth | Div Yield | D/E | Mkt Cap | AUDIT |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
$UL UNILEVER PLC | 78 | 96 | 98 | 59 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$ASML ASML HOLDING NV | 77 | 89 | 86 | 83 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$ESLT ELBIT SYSTEMS LTD | 76 | 81 | 87 | 85 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$MT ArcelorMittal | 75 | 71 | 98 | 85 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$AMAT APPLIED MATERIALS INC /DE | 75 | 85 | 87 | 84 | 20.9x | 13.6x | 32.9% | 20.5% | 48.8% | 30.6% | 24.4% | 7.7% | 0.9% | 32.0x | $148.6B | VS | |
$SIMO Silicon Motion Technology CORP | 75 | 84 | 86 | 85 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$CODA Coda Octopus Group, Inc. | 74 | 83 | 90 | 79 | 16.3x | 11.9x | 7.4% | 7.5% | 68.3% | 19.5% | 18.2% | 29.0% | 0.0% | 0.0x | $84M | VS | |
$GSK GSK plc | 74 | 84 | 90 | 70 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$EFXT Enerflex Ltd. | 74 | 80 | 91 | 83 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$BUD Anheuser-Busch InBev SA/NV | 74 | 84 | 97 | 63 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$BDC BELDEN INC. | 59 | 61 | 68 | 55 | 25.7x | 18.9x | 17.7% | 6.3% | 38.2% | 11.5% | 8.4% | 15.5% | 0.2% | 180.0x | $4.9B | ||
| SECTOR BENCH | - | - | - | - | - | 22.3x | 11.5x | -1.9% | 0.9% | 44.1% | 2.5% | 1.0% | 6.7% | 0.0% | 0.2x | - | REF |
BELDEN INC. (BDC) receives a "Hold" rating with a composite score of 58.9/100. It ranks #796 out of 7,333 stocks in our coverage universe and carries a 3-star rating. Ratings are driven by a 6-factor quantitative model measuring quality, value, momentum, investment, stability, and short interest.
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In-line with peers — no strong momentum signal
Trading at a discount to fundamentals — favorable entry valuation
High profitability & efficiency — strong quality floor supports entry
Low volatility — smoother ride and historically better risk-adjusted returns
Moderate investment profile
Mid-range overall rating
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Relative valuation derived from Manufacturing sector benchmarks. Model weights: EV/EBITDA (40%), P/B (35%), P/S (25%). Re-calculated daily.
Projection based on user-defined inputs. Re-calculated daily against current market data.
Reverse DCF Framework — Mauboussin Methodology
Institutional-grade Reverse DCF analysis. This model identifies the growth hurdles embedded in current market prices. When implied growth is significantly lower than historical or projected rates, a margin of safety may exist. Re-audited daily.
No analyst ratings for BDC.
View All RatingsROIC 29.5% vs WACC 8.0% (spread +21.5%)
GM 38% vs sector 44%, OM 11% vs sector 3%
Capital turnover 2.80x, R&D intensity 4.7%
Rev growth 16%, 10yr history
Interest coverage 4153.8x, Net debt/EBITDA 3.1x
Composite assessment of profitability, capital efficiency, and financial strength. Top-tier entities demonstrate sustainable cash flow generation and elite competitive moats.
Profit generated per dollar of shareholder equity
Efficiency of asset utilization
Pricing power and cost efficiency
Core business profitability
Bottom-line profitability
The Quality factor evaluates the persistence and magnitude of realized cash flows. Companies with scores >70 exhibit superior pricing power and structural financial resilience through diverse economic regimes.
Our uncertainty rating tracks the predictability of future cash flows and potential for permanent capital loss. Moderate visibility with standard industry cyclicality.
We rate BELDEN INC. (BDC) as a Hold with a composite score of 58.9/100 at a current price of $148.03. The stock presents a mixed quantitative picture — neither compelling enough to warrant new accumulation nor weak enough to justify selling.
BELDEN INC. holds a top-quartile position (#0 of 50) within the Manufacturing sector, based on our composite quantitative scoring across quality, value, momentum, and stability factors. The composite score of 58.9/100 places it at rank #796 in our full universe.
Narrow
High
Poor
Undervalued
Returns on equity of 17.7% exceed cost of capital.
Value factor score of 68 suggests attractive pricing.
Stable competitive position in a defensive sector.
Leverage of 180% D/E amplifies downside risk.
Vulnerability to macroeconomic shocks and interest rate volatility.
BELDEN INC. represents a hold based on multi-factor quantitative performance.
Our model assigns BELDEN INC. a Hold rating, with a composite score of 58.9/100 and 3 out of 5 stars. Ranked #796 of 7,333 stocks, BDC presents a mixed quantitative picture — neither compelling enough to initiate new positions nor weak enough to warrant selling. Investors already holding may consider maintaining their position while monitoring for changes in the factor profile.
With a quality score of 61/100, BDC shows adequate but unremarkable business quality. The company reports a return on equity of 17.7% (sector avg: -1.9%), gross margins of 38.2% (sector avg: 44.1%), net margins of 8.4% (sector avg: 1.0%). This suggests the company generates acceptable returns but may lack the competitive positioning or operational efficiency to stand out from peers.
BDC's value score of 68/100 indicates the stock is fairly valued based on its current fundamentals. Key valuation metrics include a P/E ratio of 25.66x, an EV/EBITDA of 18.88x, a P/B ratio of 4.53x. At this level, neither a clear bargain nor overpriced, the stock's attractiveness depends more on forward growth expectations and qualitative factors.
With an investment score of 41/100, BDC exhibits moderate growth-oriented spending. Key growth metrics include revenue growth of 15.5% vs. a sector average of 6.7% and a return on assets of 6.3% (sector: 0.9%). The company appears to be balancing growth investments with capital returns, though the pace of investment may not be enough to accelerate top-line growth meaningfully.
BDC demonstrates moderate momentum with a score of 55/100, suggesting a neutral price trend without strong directional conviction. Revenue growth stands at 15.5% year-over-year, while a beta of 1.29 reflects its sensitivity to broader market moves. Moderate momentum may indicate the stock is consolidating or transitioning between trends, warranting close monitoring of upcoming catalysts.
BDC shows good financial stability with a score of 74/100. Key stability metrics include a beta of 1.29 and a debt-to-equity ratio of 180.00x (sector avg: 0.2x). This suggests manageable leverage and moderate price volatility, making it appropriate for investors seeking a balance between growth potential and capital preservation.
The short interest score of 40/100 for BDC suggests somewhat elevated bearish positioning by institutional traders. Specific risk factors include above-average market sensitivity (beta: 1.29), elevated leverage (D/E: 180.00x). With a $4.9B market cap (mid-cap), BELDEN INC. may experience above-average volatility. Investors should consider whether the short thesis has merit or if it creates a potential short-squeeze opportunity.
BDC offers a modest dividend yield of 0.2%. While the income contribution is relatively small, even a small dividend signals management's commitment to shareholder returns and can serve as a signal of financial discipline.
BELDEN INC. is a mid-cap company in the Manufacturing sector, ranked #0 of 50 in its sector (100th percentile) and #796 of 7,333 overall (89th percentile). Key comparisons include ROE of 17.7% exceeding the -1.9% sector median and operating margins of 11.5% above the 2.5% sector average. This top-quartile standing reflects exceptional competitive strength relative to Manufacturing peers.
While BDC currently exhibits a HOLD profile, superior opportunities exist within the MANUFACTURING sector. Our model identifies several "Strong Buy" candidates with higher quality scores and more attractive valuations among direct industry competitors.
View Top Manufacturing Alpha →Quant Factor Profile
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Short Int. (40) is the limiting factor — improvement here would lift the composite score most.
EV/EBITDA 65% ABOVE SECTOR MEDIAN
ROE 1029% BELOW SECTOR MEDIAN
Gross Margin 13% BELOW SECTOR MEDIAN
Above 50MA
37.18%
Net New Highs
+51081

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Brian Anderson, SVP of Legal at Belden, sold 5,601 shares valued at $689,000, retaining 45,135 shares. The company has shown strong performance with 14.5% year-to-date returns and positive growth prospects in the broadband market.