Bel Fuse (BELFB) vs Sanmina (SANM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 11, 2026.
Summary
Bel Fuse (BELFB) has outperformed Sanmina (SANM) over the past year, gaining 77.5% versus a gain of 77.2%. Over five years, BELFB leads with a +1878.2% price change compared with +450.3% for SANM. Sanmina is the larger company by market cap ($11.66 billion vs $3.53 billion), about 3.3 times the size, while Bel Fuse is growing revenue faster (+26.3% vs +7.4%).
On valuation, Sanmina trades at a lower forward P/E (15.6x vs 22.8x for Bel Fuse). Bel Fuse pays a dividend yielding 0.10%, while Sanmina does not currently pay one. Bel Fuse converts more of its revenue into profit, with a net margin of 9.1% versus 3.0%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BELFB | SANM |
|---|---|---|
| Share price | $244.50 | $217.49 |
| Market cap | $3.53B | $11.66B |
| 1-day change | +0.82% | +3.33% |
| YTD return | +44.14% | +44.93% |
| 1-year return | +77.52% | +77.24% |
| 5-year return | +1878.16% | +450.33% |
| P/E ratio (TTM) | 59.34 | 38.91 |
| Forward P/E | 22.82 | 15.63 |
| EPS (TTM) | $4.12 | $5.59 |
| Dividend yield | 0.10% | 0.00% |
| Annual dividend | $0.24 | $0.00 |
| Revenue (latest FY) | $675.46M | $8.13B |
| Revenue growth (YoY) | +26.30% | +7.40% |
| Net income (latest FY) | $61.54M | $245.89M |
| Gross margin | 39.15% | 8.81% |
| Operating margin | 16.43% | 4.36% |
| Net margin | 9.11% | 3.03% |
| 52-week high | $335.29 | $288.68 |
| 52-week low | $129.94 | $118.10 |
| Distance from 52-week high | -27.08% | -24.66% |
| Analyst consensus | strong_buy | none |
| Avg. price target upside | +36.20% | +19.55% |
| Average volume | 194.72K | 678.75K |
| Shares outstanding | 12.32M | 53.60M |
| Employees | 4,964 | 35,000 |
| Sector | Technology | Technology |
| Industry | Electronic Components | Electrical Products |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Sanmina is about 3.3 times larger than Bel Fuse by market value ($11.66B vs $3.53B).
- Bel Fuse trades at a higher earnings multiple (59.3x vs 38.9x trailing P/E).
- Bel Fuse is more profitable, keeping 9.1 cents of every revenue dollar as net income versus 3.0 cents for Sanmina.
- Bel Fuse grew revenue faster in its latest fiscal year (+26.30% vs +7.40%).
About Bel Fuse
BELFB stock →Bel Fuse Inc. designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits.
Technology · Electronic Components · 4,964 employees
About Sanmina
SANM stock →Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through two businesses: Integrated Manufacturing Solutions; and Components, Products and Services.
Technology · Electrical Products · 35,000 employees
BELFB vs SANM FAQ
Which is bigger, Bel Fuse or Sanmina?
Sanmina (SANM) is larger, with a market capitalization of $11.66B compared with $3.53B for Bel Fuse (BELFB).
Which stock has performed better over the past year, BELFB or SANM?
BELFB returned +77.52% over the past 12 months, compared with +77.24% for SANM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, BELFB or SANM?
SANM has the lower trailing P/E at 38.9, versus 59.3 for BELFB. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Bel Fuse or Sanmina?
Bel Fuse pays a dividend yielding 0.10%, while Sanmina does not currently pay a regular dividend.
Are Bel Fuse and Sanmina in the same industry?
Both are in the Technology sector, but in different industries: Electronic Components for Bel Fuse and Electrical Products for Sanmina.