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Delta Asia International

Market Cap

NT$6.3b

Last Updated

2021/09/17 22:31 UTC

Data Sources

Company Financials

Executive Summary

Delta Asia International Corporation manufactures and sells medical devices and parts in Taiwan. More Details


Snowflake Analysis

Flawless balance sheet with questionable track record.

Share Price & News

How has Delta Asia International's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 6762 is less volatile than 75% of TW stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 6762's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

-0.5%

6762

-0.6%

TW Medical Equipment

-0.2%

TW Market


1 Year Return

-2.7%

6762

5.4%

TW Medical Equipment

33.6%

TW Market

Return vs Industry: 6762 underperformed the TW Medical Equipment industry which returned 5.4% over the past year.

Return vs Market: 6762 underperformed the TW Market which returned 33.6% over the past year.


Shareholder returns

6762IndustryMarket
7 Day-0.5%-0.6%-0.2%
30 Day-4.3%1.9%3.7%
90 Day-5.5%-8.4%-0.2%
1 Year-0.05%-2.7%8.2%5.4%37.5%33.6%
3 Yearn/a21.5%11.3%77.4%59.1%
5 Yearn/a7.4%-7.5%121.9%84.7%

Long-Term Price Volatility Vs. Market

How volatile is Delta Asia International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Delta Asia International undervalued compared to its fair value and its price relative to the market?

34.29x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 6762 (NT$290) is trading above our estimate of fair value (NT$165.57)

Significantly Below Fair Value: 6762 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 6762 is poor value based on its PE Ratio (34.3x) compared to the TW Medical Equipment industry average (22.8x).

PE vs Market: 6762 is poor value based on its PE Ratio (34.3x) compared to the TW market (16.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 6762's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 6762 is overvalued based on its PB Ratio (6.2x) compared to the TW Medical Equipment industry average (2.1x).


Future Growth

How is Delta Asia International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.4%

Forecasted Healthcare industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Delta Asia International has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Delta Asia International performed over the past 5 years?

45.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6762 has a high level of non-cash earnings.

Growing Profit Margin: 6762's current net profit margins (31.5%) are lower than last year (32.7%).


Past Earnings Growth Analysis

Earnings Trend: 6762's earnings have grown significantly by 45.6% per year over the past 5 years.

Accelerating Growth: 6762's earnings growth over the past year (21.3%) is below its 5-year average (45.6% per year).

Earnings vs Industry: 6762 earnings growth over the past year (21.3%) exceeded the Medical Equipment industry 9.5%.


Return on Equity

High ROE: 6762's Return on Equity (18%) is considered low.


Financial Health

How is Delta Asia International's financial position?


Financial Position Analysis

Short Term Liabilities: 6762's short term assets (NT$1.1B) exceed its short term liabilities (NT$292.1M).

Long Term Liabilities: 6762's short term assets (NT$1.1B) exceed its long term liabilities (NT$421.0M).


Debt to Equity History and Analysis

Debt Level: 6762 is debt free.

Reducing Debt: 6762 had no debt 5 years ago.

Debt Coverage: 6762 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 6762 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Delta Asia International current dividend yield, its reliability and sustainability?

2.65%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 6762's dividend (2.65%) is higher than the bottom 25% of dividend payers in the TW market (1.94%).

High Dividend: 6762's dividend (2.65%) is low compared to the top 25% of dividend payers in the TW market (5.25%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether 6762's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 6762's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (86.3%), 6762's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Delta Asia International has no CEO, or we have no data on them.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.5%.


Top Shareholders

Company Information

Delta Asia International Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Delta Asia International Corporation
  • Ticker: 6762
  • Exchange: TPEX
  • Founded: 2004
  • Industry: Health Care Equipment
  • Sector: Healthcare
  • Market Cap: NT$6.257b
  • Shares outstanding: 21.57m
  • Website: https://www.deltaasia.com.tw

Number of Employees


Location

  • Delta Asia International Corporation
  • No. 239, Nanshang Road
  • Gueishan District
  • Taoyuan City
  • 33392
  • Taiwan

Listings


Biography

Delta Asia International Corporation manufactures and sells medical devices and parts in Taiwan. The company was founded in 2004 and is based in Taoyuan, Taiwan.


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/17 22:31
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.