Bel Fuse or Coherent: Which Stock Has More Upside?
Coherent surged 25% during the past Month. You may be tempted to buy more, or may want to reduce your exposure. But there is an entirely different perspective you might be missing. Is there a better alternative? Turns out, its peer Bel Fuse gives you more. Bel Fuse (BELFA) stock offers superior revenue growth across key periods, better profitability, and relatively lower valuation vs Coherent (COHR) stock, suggesting you may be better off investing in BELFA
- BELFA’s quarterly revenue growth was 44.8%, vs. COHR’s 17.3%.
- In addition, its Last 12 Months revenue growth came in at 23.7%, ahead of COHR’s 20.8%.
- BELFA leads on profitability over both periods – LTM margin of 14.4% and 3-year average of 14.3%.
These differences become even clearer when you look at the financials side by side. The table highlights how COHR’s fundamentals stack up against those of BELFA on growth, margins, momentum, and valuation multiples.
Valuation & Performance Overview
| COHR | BELFA | Preferred | |
|---|---|---|---|
| Valuation | |||
| P/EBIT Ratio | 42.4 | 18.6 | BELFA |
| Revenue Growth | |||
| Last Quarter | 17.3% | 44.8% | BELFA |
| Last 12 Months | 20.8% | 23.7% | BELFA |
| Last 3 Year Average | 16.5% | 2.7% | COHR |
| Operating Margins | |||
| Last 12 Months | 10.1% | 14.4% | BELFA |
| Last 3 Year Average | 5.1% | 14.3% | BELFA |
| Momentum | |||
| Last 3 Year Return | 336.6% | 308.8% | BELFA |
Note: For “Last 3 Year Return” metric, preferred stock is one with higher returns unless the returns are too high (>300%) which creates risk of sell off.
See more revenue details: COHR Revenue Comparison | BELFA Revenue Comparison
See more margin details: COHR Operating Income Comparison | BELFA Operating Income Comparison
See detailed fundamentals on Buy or Sell BELFA Stock and Buy or Sell COHR Stock. Below we compare market return and related metrics across years.
Historical Market Performance
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | Avg | Best | |
|---|---|---|---|---|---|---|---|---|---|
| Returns | |||||||||
| COHR Return | 126% | -10% | -49% | 24% | 118% | 74% | 390% | ||
| BELFA Return | -16% | 15% | 117% | 102% | 40% | 53% | 802% | <=== | |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 16% | 111% | ||
| Monthly Win Rates [3] | |||||||||
| COHR Win Rate | 50% | 58% | 42% | 42% | 75% | 50% | 53% | ||
| BELFA Win Rate | 33% | 67% | 67% | 58% | 50% | 50% | 54% | ||
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 70% | 64% | <=== | |
| Max Drawdowns [4] | |||||||||
| COHR Max Drawdown | -37% | -28% | -56% | -21% | -7% | -47% | -33% | ||
| BELFA Max Drawdown | -62% | 0% | -1% | -7% | -9% | -34% | -19% | ||
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | -12% | <=== | |
[1] Cumulative total returns since the beginning of 2020
[2] 2025 data is for the year up to 12/2/2025 (YTD)
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
No matter how good the numbers, stock investment is never a smooth ride. There is a risk you must factor in. Read BELFA Dip Buyer Analyses and COHR Dip Buyer Analyses to see how these stocks have fallen and recovered in the past.
Still not sure about COHR or BELFA? Consider portfolio approach.
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