Delta Electronics Thailand PCL
SET:DELTA
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Intrinsic Value
The intrinsic value of one DELTA stock under the Base Case scenario is 45.3 THB. Compared to the current market price of 151.5 THB, Delta Electronics Thailand PCL is Overvalued by 70%.
The Intrinsic Value is calculated as the average of DCF and Relative values:
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Delta Electronics Thailand PCL
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Fundamental Analysis
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Delta Electronics Thailand PCL
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Delta Electronics Thailand PCL emerges as a significant player in the global electronics landscape, expertly weaving sustainability with innovation. Founded in 1988 as the Thai subsidiary of Delta Electronics Inc., the company has evolved into a leader in power management solutions, providing a diverse range of products that optimize energy efficiency in various sectors, including data centers, industrial automation, and renewable energy. With an unwavering commitment to reducing carbon footprints, Delta leverages cutting-edge technology in its manufacturing processes, positioning itself at the forefront of the burgeoning green economy. The company’s strategic focus on research and developme...
Delta Electronics Thailand PCL emerges as a significant player in the global electronics landscape, expertly weaving sustainability with innovation. Founded in 1988 as the Thai subsidiary of Delta Electronics Inc., the company has evolved into a leader in power management solutions, providing a diverse range of products that optimize energy efficiency in various sectors, including data centers, industrial automation, and renewable energy. With an unwavering commitment to reducing carbon footprints, Delta leverages cutting-edge technology in its manufacturing processes, positioning itself at the forefront of the burgeoning green economy. The company’s strategic focus on research and development ensures a continuous stream of innovative solutions that not only meet market demands but also align with global trends towards sustainability.
For investors, Delta Electronics Thailand represents a compelling growth opportunity funded by robust financial performance and a visionary outlook. The company's impressive revenue trajectory and strong profit margins showcase its effective operational strategies and resilient market presence, making it a solid prospect in the electronics industry. Additionally, Delta's commitment to corporate social responsibility and environmental stewardship resonates well with today's socially conscious investors, enhancing its appeal in a marketplace increasingly driven by sustainability. As global industries seek reliable partners in their journeys toward energy efficiency and reduced emissions, Delta Electronics Thailand PCL stands out as a prudent choice for those looking to invest in a future where technology and sustainability go hand in hand.
Delta Electronics Thailand PCL primarily operates in several core business segments, reflecting its strategy to provide innovative and sustainable solutions in various sectors. Here are the main segments:
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Power Electronics: This segment focuses on providing power management solutions, including power supplies, inverters, and UPS (Uninterruptible Power Supply) systems. These products are essential for a variety of applications in industrial, telecommunications, and consumer electronics.
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Industrial Automation: Delta Electronics Thailand also offers products and solutions that enhance industrial productivity and efficiency. This includes motion control systems, robotic automation, and various industrial communication systems that help in streamlining manufacturing processes.
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Energy Management: As part of its commitment to sustainability, Delta provides energy-efficient solutions, including components for renewable energy systems like solar inverters and energy storage systems. This segment aims to help businesses reduce energy consumption and carbon footprint.
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Building Automation: This segment includes smart building solutions such as HVAC control systems and intelligent lighting. Delta focuses on creating integrated systems that enhance occupant comfort while promoting energy efficiency.
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Network Infrastructure: Delta manufactures essential components for telecommunications and network infrastructure. This segment includes equipment for data centers, as well as solutions for network reliability and connectivity.
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Consumer Electronics: While less dominant, Delta also engages in the consumer electronics market, providing charging solutions and other electronic components aimed at end-users.
These core segments emphasize Delta Electronics Thailand’s focus on technological innovation in energy efficiency and automation, contributing to various industries' overall growth and sustainability.
Delta Electronics Thailand PCL has several unique competitive advantages that differentiate it from its rivals in the electronics and power management sectors. Here are some key advantages:
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Diverse Product Portfolio: Delta Electronics Thailand offers a wide range of products, including power supplies, cooling systems, and renewable energy solutions. This diversification allows the company to cater to various industries, such as telecommunications, automotive, industrial automation, and more.
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Strong R&D Capabilities: The company invests significantly in research and development, enabling it to innovate continuously and stay ahead of technological trends. This focus on R&D helps Delta develop cutting-edge products that meet the changing needs of its customers.
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Sustainability Focus: Delta is committed to sustainable business practices and has integrated energy efficiency into its product offerings. This emphasis on green technology not only aligns with global trends toward sustainability but also attracts environmentally conscious consumers and businesses.
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Global Reach with Local Adaptation: Delta Electronics leverages its global presence while being able to adapt its products to local markets. This dual strategy allows the company to serve a broad customer base effectively and respond to local demand and regulatory requirements.
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Strong Partnerships and Collaborations: Delta has built strategic partnerships with various tech firms, research institutions, and governmental bodies. These relationships facilitate knowledge sharing, enhance product development, and expand market reach.
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High-Quality Manufacturing: The company is known for its commitment to quality and reliability. Delta's manufacturing processes adhere to international standards, which help to instill confidence among customers regarding the integrity and longevity of its products.
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Skilled Workforce: Delta Electronics Thailand employs a well-trained and skilled workforce that is adept at handling complex technology. Investing in employee development and training creates a competitive edge in innovation and execution.
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Robust Supply Chain Management: Efficient supply chain operations enable Delta to manage costs and respond quickly to market changes. This agility helps the company maintain a competitive pricing strategy while ensuring customer satisfaction through timely delivery.
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Strong Brand Reputation: Over the years, Delta has built a strong reputation for quality and service in the electronics industry. A robust brand presence can lead to customer loyalty, making it difficult for competitors to penetrate its market share.
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Comprehensive After-Sales Support: Delta provides strong customer support and maintenance services, which enhance customer satisfaction and help in building long-term relationships with clients.
These competitive advantages collectively enable Delta Electronics Thailand PCL to maintain a strong position in the market, respond effectively to competition, and drive growth in various sectors.
Delta Electronics Thailand PCL, like many companies in the electronics and manufacturing sectors, faces several risks and challenges in the near future. Here are some key considerations:
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Supply Chain Disruptions: Ongoing global supply chain issues, exacerbated by the COVID-19 pandemic, can lead to shortages of components, delayed production timelines, and increased costs. Delta relies on a complex supply chain for components, making it vulnerable to disruptions.
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Technological Advancements: Rapid technological changes in electronics and energy solutions can render existing products obsolete. Delta must continuously innovate and invest in R&D to stay competitive.
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Global Economic Conditions: Economic downturns, inflation, or changes in consumer spending can impact demand for Delta’s products. A recession could lead to decreased orders from key markets.
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Geopolitical Risks: Trade tensions and tariffs, especially between major economies like the U.S. and China, could adversely affect Delta’s operations and pricing strategies. Geopolitical instability in regions where Delta operates can also pose risks.
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Regulatory Changes: Changes in environmental regulations and standards could increase operational costs or require significant investment to comply. Delta must stay ahead of regulatory changes in different markets.
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Competition: The electronics industry is highly competitive. Emerging competitors, especially from lower-cost regions, can impact market share and profit margins. Delta needs to constantly enhance its product offerings and customer relationships.
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Cybersecurity Threats: As a technology-driven company, Delta faces risks related to cyber-attacks and data breaches, which can compromise sensitive information and disrupt operations.
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Workforce Challenges: Attracting and retaining skilled talent in engineering and technology fields can be difficult. Labor shortages or high turnover rates can impact productivity and innovation.
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Sustainability Pressures: Increasing consumer and regulatory demand for sustainable practices and products can require Delta to invest more in sustainable technologies, which might impact short-term profitability.
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Currency Fluctuations: As an international company, Delta is subject to risks from currency exchange rate fluctuations, which can affect earnings from overseas operations.
Navigating these challenges will require strategic planning, adaptability, and a focus on innovation to ensure long-term growth and stability for Delta Electronics Thailand PCL.
Revenue & Expenses Breakdown
Delta Electronics Thailand PCL
Balance Sheet Decomposition
Delta Electronics Thailand PCL
Current Assets | 81.1B |
Cash & Short-Term Investments | 12.6B |
Receivables | 35.2B |
Other Current Assets | 33.3B |
Non-Current Assets | 37.6B |
Long-Term Investments | 213.8m |
PP&E | 35.2B |
Intangibles | 563.4m |
Other Non-Current Assets | 1.6B |
Current Liabilities | 36.7B |
Accounts Payable | 23.2B |
Accrued Liabilities | 6.1B |
Short-Term Debt | 113m |
Other Current Liabilities | 7.3B |
Non-Current Liabilities | 4.8B |
Long-Term Debt | 1.2B |
Other Non-Current Liabilities | 3.6B |
Earnings Waterfall
Delta Electronics Thailand PCL
Revenue
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160.7B
THB
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Cost of Revenue
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-120.4B
THB
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Gross Profit
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40.4B
THB
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Operating Expenses
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-18.3B
THB
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Operating Income
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22.1B
THB
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Other Expenses
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-603.6m
THB
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Net Income
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21.5B
THB
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Free Cash Flow Analysis
Delta Electronics Thailand PCL
THB | |
Free Cash Flow | THB |
DELTA Profitability Score
Profitability Due Diligence
Delta Electronics Thailand PCL's profitability score is 65/100. The higher the profitability score, the more profitable the company is.
Score
Delta Electronics Thailand PCL's profitability score is 65/100. The higher the profitability score, the more profitable the company is.
DELTA Solvency Score
Solvency Due Diligence
Delta Electronics Thailand PCL's solvency score is 93/100. The higher the solvency score, the more solvent the company is.
Score
Delta Electronics Thailand PCL's solvency score is 93/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
DELTA Price Targets Summary
Delta Electronics Thailand PCL
According to Wall Street analysts, the average 1-year price target for DELTA is 119.53 THB with a low forecast of 109.08 THB and a high forecast of 134.4 THB.
Dividends
Current shareholder yield for DELTA is .
Shareholder yield represents the total return a company provides to its shareholders, calculated as the sum of dividend yield, buyback yield, and debt paydown yield. What is shareholder yield?
Profile
Country
Industry
Market Cap
Dividend Yield
Description
Delta Electronics (Thailand) Public Co. Ltd. engages in the manufacture and export of power supplies and other electronic equipment. The company is headquartered in Samut Prakan, Samut Prakan. The Company’s segments include Power electronics, Infrastructure and Automation. Its Power electronics segment designs, manufactures, and sales of power supplies applied to computer, server, office automation equipment, household electric appliances and electric vehicles. Its Infrastructure segment designs, manufactures, and installations of information and communication technology infrastructure and energy system infrastructure. Its main products include telecommunication systems, renewable energy, energy storage and high power. Its Automation segment designs, manufactures, and installations of industrial and building automation. Its main products include machine automation, industrial motion systems, smart sensor systems, and lighting automation for buildings and others.
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IPO
Employees
Officers
The intrinsic value of one DELTA stock under the Base Case scenario is 45.3 THB.
Compared to the current market price of 151.5 THB, Delta Electronics Thailand PCL is Overvalued by 70%.