HSAI vs BELFA vs OUST Stock Comparison

Hesai, Bel Fuse and Ouster Prices as of Oct 26, 2026 Peers: Industry group
HSAI Hesai Group
$13.69 -15.8% 1M -40.0% 1Y
Market cap
$1.85B
P/E
26.2x
Revenue (TTM)
$480.33M
Div. yield
–
Electronic Components Technology
3 wins
BELFA Bel Fuse Inc /Nj
$166.51 -18.0% 1M +20.0% 1Y
Market cap
$2.40B
P/E
44.6x
Revenue (TTM)
$744.09M
Div. yield
–
Electronic Components Technology
5 wins
OUST Ouster, Inc.
$29.71 -32.0% 1M -17.0% 1Y
Market cap
$2.16B
P/E
–
Revenue (TTM)
$204.91M
Div. yield
–
Electronic Components Technology
1 win

Head to Head

9 decided of 12

Bel Fuse leads on 5 of the 12 questions below (Bel Fuse 5, Hesai 3, Ouster 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHSAIBELFAOUSTLeader
Larger companyMarket capitalisation $1.85B $2.40B $2.16B BELFA
Cheaper on earningsLower P/E, profitable companies only 26.2x 44.6x -40.6x HSAI
Cheaper on forward earningsLower price / next fiscal year consensus EPS 228.2x 16.0x — BELFA
Faster revenue growthRevenue growth, trailing twelve months +38.6% +25.3% +62.8% OUST
More profitableNet margin, trailing twelve months 14.7% 7.2% -26.0% HSAI
Better return on capitalReturn on invested capital — 12.7% — –
Less leveragedLower net debt / EBITDA — — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -40.0% +20.0% -17.0% BELFA
Better 5-year returnAnnualised price return, 5 years — +66.0%/yr -14.4%/yr BELFA
Less volatileAnnualised volatility, 1 year 71.3% 59.2% 102.2% BELFA
Higher overall scoreMean of the five percentile scores vs peers 73/100 63/100 44/100 HSAI

Percentile Scorecard

HSAIBELFAOUST

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisHSAIBELFAOUST
Valuation 67 #37 of 111 75 #29 of 111 11 #99 of 111
Growth 97 #4 of 108 59 #45 of 108 82 #20 of 108
Profitability 54 #48 of 104 73 #29 of 104 14 #90 of 104
Financial Health – 81 #23 of 115 88 #15 of 115
Shareholder Returns – 29 #58 of 81 24 #62 of 81
Overall 73 63 44
  • HSAI ranked among 121 companies in Computer Hardware
  • BELFA ranked among 121 companies in Computer Hardware
  • OUST ranked among 121 companies in Computer Hardware

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodHSAIBELFAOUSTSPY
1 month -15.8%-18.0%-32.0% -0.8%
3 months -11.3%-26.2%-15.5% +3.5%
6 months -41.5%-27.5%+10.4% +7.0%
Year to date -38.9%+9.7%+37.3% +12.2%
1 year -40.0%+20.0%-17.0% +13.0%
3 years +36.9%+244.5%+683.9% +86.3%
3 years, per year +11.0%+51.1%+98.7% +23.1%
5 years —+1,156.7%-54.1% +68.6%
5 years, per year —+66.0%-14.4% +11.0%
10 years —+811.4%— +258.0%
10 years, per year —+24.7%— +13.6%

Risk

MeasureHSAIBELFAOUSTSPY
Volatility, 1Y 71.3%59.2%102.2% 12.7%
Downside volatility, 1Y 68.0%67.3%100.6% 12.7%
Beta vs S&P 500, 1Y 2.872.274.57 1.00
Return / volatility, 1Y -0.560.34-0.17 1.02
Max drawdown, 5Y -84.2%-44.8%-95.8% -25.4%
From 52-week high -52.4%-42.8%-52.5% -1.8%
52-week high $28.79$291.23$62.52 $779.14
52-week low $12.14$114.02$16.63 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleHSAIBELFAOUST
P/E now vs peer median 26.9xmedian 32.0x 42.2xmedian 32.0x -36.8xmedian 32.0x
P/S now vs peer median 4.5xmedian 2.8x 2.8xmedian 2.8x 9.9xmedian 2.8x
EV/EBITDA now vs peer median —median 19.4x 11.9xmedian 19.4x -33.8xmedian 19.4x
P/FCF now vs peer median —median 29.0x 28.0xmedian 29.0x -24.7xmedian 29.0x
P/B now vs peer median —median 2.9x 2.3xmedian 2.9x 5.5xmedian 2.9x
PEG now vs peer median 0.45median 1.13 -3.04median 1.13 -0.65median 1.13

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsHSAIBELFAOUST
Revenue $480.33M $744.09M $204.91M
Gross profit $195.19M $294.08M $101.63M
Operating income $24.53M $118.20M -$62.60M
Net income $63.29M $77.96M -$53.33M
Free cash flow – $73.34M -$82.47M
R&D $122.50M $33.09M $68.46M
EPS (diluted) $0.48 $3.94 $-0.81
Cash & equivalents $222.56M $306.11M $91.76M
Shares (diluted) 146.44M 13.61M 65.99M
Enterprise value -$1.66B $1.91B $1.28B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricHSAIBELFAOUST
P/E 26.9x 42.2x -36.8x
P/FCF – 28.0x -24.7x
P/Operating cash flow – 24.6x -37.8x
P/S 4.5x 2.8x 9.9x
P/B – 2.3x 5.5x
P/Tangible book – 3.0x 6.0x
EV/EBITDA – 11.9x -33.8x
EV/EBIT 47.2x 14.8x -28.3x
EV/Revenue 2.4x 2.3x 8.7x
EV/FCF – 23.8x -21.5x
EV/Operating cash flow – 20.9x -33.0x
PEG (3Y EPS CAGR) 0.45 -3.04 -0.65

Growth

14 metrics
MetricHSAIBELFAOUST
Revenue growth (1Y) 38.6% 25.3% 62.8%
Revenue CAGR (3Y) 27.1% 2.6% 51.6%
Gross profit growth (1Y) 32.5% 30.8% 90.8%
Gross profit CAGR (3Y) 36.0% 11.3% 166.5%
Operating income growth (1Y) 1,028% 50.2% 39.7%
Operating income CAGR (3Y) 32.9% 10.6% 45.1%
Net income growth (1Y) 405.8% 30.7% 42.0%
Net income CAGR (3Y) 46.3% 2.2% 48.0%
EPS growth (1Y) 342.2% -2.1% 52.1%
EPS CAGR (3Y) 59.8% -13.9% 56.5%
Operating cash flow growth (1Y) – 29.3% -329.9%
Operating cash flow CAGR (3Y) – 6.2% 27.6%
Free cash flow growth (1Y) – 52.7% -416.3%
Free cash flow CAGR (3Y) – 8.5% 17.7%

Profitability

14 metrics
MetricHSAIBELFAOUST
Gross margin 40.6% 39.5% 49.6%
EBITDA margin – 19.8% -25.6%
Operating margin 5.1% 15.9% -30.6%
Pretax margin 7.6% 12.5% -25.5%
Net margin 14.7% 7.2% -26.0%
FCF margin – 9.9% -40.2%
Operating cash flow margin – 11.2% -26.3%
Return on equity – 11.6% -16.5%
Return on assets 4.0% 7.0% -12.5%
Return on invested capital – 12.7% –
Return on capital employed – 12.4% -18.1%
Asset turnover 0.3x 0.7x 0.5x
Cash conversion (OCF / net income) – 1.1x 1.0x
Stock comp / revenue – 1.2% 18.5%

Financial Health

11 metrics
MetricHSAIBELFAOUST
Debt / assets – – –
Debt / equity – – –
Net debt / EBITDA – – –
Debt / FCF – – –
Liabilities / assets – 28.1% 21.8%
Equity / assets – 71.9% 78.2%
Interest coverage 19.1x 10.8x –
Current ratio – 4.5x 4.2x
Quick ratio – 3.0x 3.5x
Cash ratio – 2.0x 3.1x
Altman Z-score – 5.37 9.48

Shareholder Returns

7 metrics
MetricHSAIBELFAOUST
Dividend yield – 0.1% –
Net buyback yield – – -6.9%
Shareholder yield – 0.1% -6.9%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusHSAIBELFAOUST
Forward P/E 228.2xFY2026 16.0xFY2026 –
EPS, next fiscal year $0.06FY2026 $10.39FY2026 $-0.27FY2026
EPS growth, next FY -86.0%FY2026 +46.3%FY2026 –
EPS growth, the year after +150.0% +3.6% –
Revenue, next fiscal year $675.34MFY2026 $771.32MFY2026 $229.51MFY2026
Revenue growth, next FY +56.0%FY2026 +14.2%FY2026 +35.5%FY2026
Revenue growth, the year after +28.7% +9.0% +36.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHSAIBELFAOUST
Held by institutions 26.6% 63.1% 53.9%
Institutions holding 131 110 330
Change in shares held, QoQ -13.3% +14.8% +19.0%
Institutions buying 88 70 233
Institutions selling 31 30 66
Buyers to sellers 2.84 2.33 3.53

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

HSAIBELFAOUST
HSAI 1.00 0.31 0.45
BELFA 0.31 1.00 0.44
OUST 0.45 0.44 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, HSAI, BELFA and OUST?

Bel Fuse (BELFA) is the largest by market capitalisation: Hesai (HSAI) $1.85B, Bel Fuse (BELFA) $2.40B, Ouster (OUST) $2.16B.

Which stock is cheaper, HSAI, BELFA and OUST?

Hesai (HSAI) trades on the lowest price-to-earnings ratio (Hesai (HSAI) 26.2x, Bel Fuse (BELFA) 44.6x, Ouster (OUST) -40.6x). On next year's consensus earnings, Bel Fuse (BELFA) is cheapest (Hesai (HSAI) 228.2x, Bel Fuse (BELFA) 16.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Ouster (OUST) grew revenue fastest over the trailing twelve months: Hesai (HSAI) +38.6%, Bel Fuse (BELFA) +25.3%, Ouster (OUST) +62.8%.

Which company is more profitable?

Hesai (HSAI) has the highest net margin (Hesai (HSAI) 14.7%, Bel Fuse (BELFA) 7.2%, Ouster (OUST) -26.0%).

Which stock has performed better?

Over the past year Bel Fuse (BELFA) returned the most: Hesai (HSAI) -40.0%, Bel Fuse (BELFA) +20.0%, Ouster (OUST) -17.0%. Over five years, Bel Fuse (BELFA) compounded fastest (Bel Fuse (BELFA) +66.0%/yr, Ouster (OUST) -14.4%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Bel Fuse (BELFA) has been the steadiest (Hesai (HSAI) 71.3%, Bel Fuse (BELFA) 59.2%, Ouster (OUST) 102.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, HSAI, BELFA and OUST?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Bel Fuse (BELFA) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.