Delta Electronics (Thailand) Public Company Limited, together with its subsidiaries, researches and develops, manufactures, and distributes power supplies and electronic components.
Flawless balance sheet second-rate dividend payer.
Share Price & News
How has Delta Electronics (Thailand)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DELTA's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: DELTA underperformed the TH Electronic industry which returned -47.7% over the past year.
Return vs Market: DELTA underperformed the TH Market which returned -30.9% over the past year.
Price Volatility Vs. Market
How volatile is Delta Electronics (Thailand)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Delta Electronics (Thailand) undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DELTA (฿36.75) is trading below our estimate of fair value (฿116.25)
Significantly Below Fair Value: DELTA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DELTA is poor value based on its PE Ratio (15.5x) compared to the Electronic industry average (10.9x).
PE vs Market: DELTA is poor value based on its PE Ratio (15.5x) compared to the TH market (11.4x).
Price to Earnings Growth Ratio
PEG Ratio: DELTA is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: DELTA is overvalued based on its PB Ratio (1.4x) compared to the TH Electronic industry average (1x).
How is Delta Electronics (Thailand) forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DELTA's forecast earnings growth (12.4% per year) is above the savings rate (1.7%).
Earnings vs Market: DELTA's earnings (12.4% per year) are forecast to grow faster than the TH market (8.7% per year).
High Growth Earnings: DELTA's earnings are forecast to grow, but not significantly.
Revenue vs Market: DELTA's revenue (2.8% per year) is forecast to grow slower than the TH market (6.7% per year).
High Growth Revenue: DELTA's revenue (2.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DELTA's Return on Equity is forecast to be low in 3 years time (10.8%).
How has Delta Electronics (Thailand) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DELTA has high quality earnings.
Growing Profit Margin: DELTA's current net profit margins (5.7%) are lower than last year (9.6%).
Past Earnings Growth Analysis
Earnings Trend: DELTA's earnings have declined by -9.2% per year over the past 5 years.
Accelerating Growth: DELTA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DELTA had negative earnings growth (-42.4%) over the past year, making it difficult to compare to the Electronic industry average (-28.6%).
Return on Equity
High ROE: DELTA's Return on Equity (8.9%) is considered low.
How is Delta Electronics (Thailand)'s financial position?
Financial Position Analysis
Short Term Liabilities: DELTA's short term assets (฿32.4B) exceed its short term liabilities (฿10.8B).
Long Term Liabilities: DELTA's short term assets (฿32.4B) exceed its long term liabilities (฿2.1B).
Debt to Equity History and Analysis
Debt Level: DELTA is debt free.
Reducing Debt: DELTA has no debt compared to 5 years ago when its debt to equity ratio was 0.9%.
Debt Coverage: DELTA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DELTA has no debt, therefore coverage of interest payments is not a concern.
What is Delta Electronics (Thailand)'s current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DELTA's dividend (4.9%) is higher than the bottom 25% of dividend payers in the TH market (3.29%).
High Dividend: DELTA's dividend (4.9%) is low compared to the top 25% of dividend payers in the TH market (8.67%).
Stability and Growth of Payments
Stable Dividend: DELTA's dividend payments have been volatile in the past 10 years.
Growing Dividend: DELTA's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (75.9%), DELTA's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DELTA's dividends in 3 years are not forecast to be well covered by earnings (90.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dick Hsieh (67yo)
Mr. Shen-Yen Hsieh, also known as Dick, has been the President of Delta Electronics Thailand Public Company Limited since April 1, 2014 and was its Executive Director since August 13, 2013 until July 2019. ...
|Chief Financial Officer||1.25yrs||no data||no data|
|Operations Vice President||9.08yrs||no data||0.0018% ฿811.4k|
|Chief Information Officer||8.42yrs||no data||no data|
|VP of South East Asia & India Region and Executive Director||1.25yrs||no data||no data|
|Company Secretary||no data||no data||0.00081% ฿371.3k|
Experienced Management: DELTA's management team is seasoned and experienced (6 years average tenure).
|VP of South East Asia & India Region and Executive Director||1.25yrs||no data||no data|
|Chairman of Delta Electronics Group||no data||no data||no data|
|Chairman of the Board||29.92yrs||฿1.72m||no data|
|Non-Executive Director||1.25yrs||no data||no data|
|Non-Executive Director||25.67yrs||฿500.00k||no data|
|Independent Director||32yrs||฿1.30m||no data|
|Independent Director||5.08yrs||฿1.35m||no data|
|Independent Director||4yrs||฿1.36m||0.0017% ฿770.1k|
|Non Executive Director||1.25yrs||no data||no data|
|Independent Director||2yrs||฿1.23m||no data|
Experienced Board: DELTA's board of directors are considered experienced (4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Delta Electronics (Thailand) Public Company Limited's company bio, employee growth, exchange listings and data sources
- Name: Delta Electronics (Thailand) Public Company Limited
- Ticker: DELTA
- Exchange: SET
- Founded: 1988
- Industry: Electronic Components
- Sector: Tech
- Market Cap: ฿45.841b
- Shares outstanding: 1.25b
- Website: https://www.deltathailand.com
- Delta Electronics (Thailand) Public Company Limited
- 909 Soi 9, Moo 4, E.P.Z.
- Bangpoo Industrial Estate
- Samut Prakan
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DELTA||SET (The Stock Exchange of Thailand)||Yes||Ordinary Shares||TH||THB||Sep 1995|
|DLSF||DB (Deutsche Boerse AG)||THB1(ALIEN MKT)||DE||EUR||Aug 1997|
|NVAW||DB (Deutsche Boerse AG)||NON VTG DEP RCPT REP 1 ORD THB1||DE||EUR||Aug 2001|
|DELTA-R||SET (The Stock Exchange of Thailand)||NON VTG DEP RCPT REP 1 ORD THB1||TH||THB||Aug 2001|
|DLEU.F||OTCPK (Pink Sheets LLC)||NON VTG DEP RCPT REP 1 ORD THB1||US||USD||Aug 2001|
Delta Electronics (Thailand) Public Company Limited, together with its subsidiaries, researches and develops, manufactures, and distributes power supplies and electronic components. The company operates through Power Electronics, Infrastructure, and Automation segments. It offers inductors, RF inductors, transformers, networking products, EMI filters, solenoids, current sensing resistors, and power modules; switching power supplies, standard power modules, and lighting ballasts and LED drivers; DC brushless fans and blowers, motors, thermal management products, cabinet thermal solutions, and ventilation and automotive fans; EV/HEV powertrain solutions and power electronics components; and display and visualization, mobile power, industrial power, and medical power products, as well as healthcare devices. The company also provides automation products and solutions, including drives, motion control systems, industrial control and communication products, power quality improvement products, human machine interfaces, sensors, meters, and robot solutions; and information monitoring and management systems, such as SCADA and industrial EMS for smart manufacturing solutions, as well as building automation solutions comprising building management and control, LED lighting, and intelligent surveillance products. In addition, it offers telecom power systems, networking systems, and UPS and datacenter infrastructure; and EV charging and energy storage systems, renewable energy systems, and high power motor drives. Further, the company rents properties. It operates in the United States, China, India, the Netherlands, Germany, Singapore, Malaysia, Taiwan, and internationally. The company was founded in 1988 and is headquartered in Samut Prakan, Thailand.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/07 15:42|
|End of Day Share Price||2020/04/07 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.