Delta Electronics (Thailand) Public Company Limited

DB:NVAW Stock Report

Market Cap: €55.9b

Delta Electronics (Thailand) Valuation

Is NVAW undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of NVAW when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: NVAW (€4.42) is trading above our estimate of fair value (€1.82)

Significantly Below Fair Value: NVAW is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NVAW?

Key metric: As NVAW is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for NVAW. This is calculated by dividing NVAW's market cap by their current earnings.
What is NVAW's PE Ratio?
PE Ratio95.5x
Earnings฿21.49b
Market Cap฿2.05t

Price to Earnings Ratio vs Peers

How does NVAW's PE Ratio compare to its peers?

The above table shows the PE ratio for NVAW vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average28.4x
002475 Luxshare Precision Industry
22x19.6%CN¥278.1b
APH Amphenol
38.4x13.3%US$85.0b
2308 Delta Electronics
27.2x15.4%NT$1.0t
6981 Murata Manufacturing
25.9x16.3%JP¥4.9t
NVAW Delta Electronics (Thailand)
95.5x14.0%€2.1t

Price-To-Earnings vs Peers: NVAW is expensive based on its Price-To-Earnings Ratio (95.5x) compared to the peer average (28.4x).

Price to Earnings Ratio vs Industry

How does NVAW's PE Ratio compare vs other companies in the European Electronic Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
NVAW 95.5xIndustry Avg. 17.7xNo. of Companies17PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NVAW is expensive based on its Price-To-Earnings Ratio (95.5x) compared to the European Electronic industry average (18x).

Price to Earnings Ratio vs Fair Ratio

What is NVAW's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NVAW PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio95.5x
Fair PE Ratio19.2x

Price-To-Earnings vs Fair Ratio: NVAW is expensive based on its Price-To-Earnings Ratio (95.5x) compared to the estimated Fair Price-To-Earnings Ratio (19.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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