Delta Electronics Thailand PCL
Delta Electronics Thailand PCL is a manufacturer and distributor of electrical components and equipment, primarily generating revenue through the sale of industrial goods.
Business. Delta Electronics Thailand PCL (DELTA.SI) is an industrial goods company operating in the electrical components and equipment industry. The firm is headquartered in Thailand and is primarily listed on the Singapore Exchange. Specific details regarding its operating segments and geographic revenue mix are not available.
Analyst recommendations
15 analysts · consensus HoldAt a glance
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- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Delta Electronics Thailand PCL (DELTA.SI) is an industrial goods company operating in the electrical components and equipment industry. The firm is headquartered in Thailand and is primarily listed on the Singapore Exchange. Specific details regarding its operating segments and geographic revenue mix are not available.
Delta Electronics Thailand PCL maintains a strong liquidity position, with a current ratio of 2.12 and cash and equivalents amounting to 6,145.9 million THB. The company's debt-to-equity ratio is 0.03, indicating a conservative capital structure with minimal leverage.
Profitability metrics show a return on equity of 8.86% and a return on assets of 5.71%, which are in line with the industry's preferred metrics for electrical components and equipment. The company's operating income of 6,682.87 million THB and net income of 6,565.02 million THB reflect solid operational performance.
The company's revenue is primarily concentrated in the industrial goods segment, with no disclosed geographic breakdown. However, the lack of geographic diversification may expose the company to regional economic fluctuations.
Looking ahead, the company is projected to maintain a stable growth trajectory, with no significant changes in revenue expected in the next fiscal year. The company's operating cash flow of 12,576.88 million THB and free cash flow of 5,409.60 million THB support its ability to fund operations and capital expenditures.
Risk factors for Delta Electronics Thailand PCL are currently low, with no immediate filing-based liquidity or dilution flags detected. The company's low dilution potential and conservative capital structure further support its financial stability.
Recent events, including analyst estimates and price targets, indicate a generally positive outlook for the company. The mean price target of 295.20 THB and the median price target of 304.00 THB suggest that analysts expect the stock to perform well in the near term.
- Delta Electronics Thailand PCL has a strong liquidity position with a current ratio of 2.12 and significant cash reserves.
- The company's profitability metrics, including a return on equity of 8.86%, are in line with industry standards.
- The company's revenue is primarily concentrated in the industrial goods segment, with no disclosed geographic diversification.
- Analysts have a generally positive outlook for the company, with a mean price target of 295.20 THB.
- The company's low debt-to-equity ratio of 0.03 indicates a conservative capital structure with minimal leverage.
- No immediate liquidity or dilution risks have been identified for the company.
Bull / Bear case
Generated · model-assistedRevenue grew at a 23.8% CAGR from 2022 to 2026, demonstrating strong top-line expansion momentum.
Net income surged with a 38.7% CAGR over four years, indicating robust profitability growth.
Operating and net margins are best-in-class compared to the electrical components cohort median.
Free cash flow is projected to jump 139.2% year-over-year in 2026, signaling strong liquidity.
The debt-to-equity ratio of 0.03 is significantly lower than the cohort median of 0.24.
Capex to revenue ratio is in the bottom quartile, suggesting potentially insufficient reinvestment for growth.
Analysts assign a hold recommendation, suggesting limited near-term upside potential despite high target prices.
In focus — financials by report
Revenue THB 61.39B, +43,6% YoY; Operating income +66,2% YoY.
- ▍Revenue THB 61.39B, +43,6% YoY
- ▍Operating income +66,2% YoY
- ▍Net income +65,5% YoY
- ▍Free cash flow +68,1% YoY
- ▍Net margin 14.8%
Revenue THB 57.71B, +38,2% YoY; Operating income +231,7% YoY.
- ▍Revenue THB 57.71B, +38,2% YoY
- ▍Operating income +231,7% YoY
- ▍Net income +236,7% YoY
- ▍Free cash flow +550,6% YoY
- ▍Net margin 12.6%
Revenue THB 53.21B, +23,1% YoY; Operating income +45,0% YoY.
- ▍Revenue THB 53.21B, +23,1% YoY
- ▍Operating income +45,0% YoY
- ▍Net income +25,9% YoY
- ▍Free cash flow +34,2% YoY
- ▍Net margin 14.0%
Revenue THB 44.49B, +6,5% YoY; Operating income −20,3% YoY.
- ▍Revenue THB 44.49B, +6,5% YoY
- ▍Operating income −20,3% YoY
- ▍Net income −29,5% YoY
- ▍Free cash flow −80,6% YoY
- ▍Net margin 10.4%
Revenue THB 42.74B; Operating income THB 6.23B.
- ▍Revenue THB 42.74B
- ▍Operating income THB 6.23B
- ▍Net margin 12.8%
Revenue THB 41.75B; Operating income THB 2.55B.
- ▍Revenue THB 41.75B
- ▍Operating income THB 2.55B
- ▍Net margin 5.2%
Revenue THB 43.23B; Operating income THB 5.99B.
- ▍Revenue THB 43.23B
- ▍Operating income THB 5.99B
- ▍Net margin 13.7%
Revenue THB 41.77B; Operating income THB 6.68B.
- ▍Revenue THB 41.77B
- ▍Operating income THB 6.68B
- ▍Net margin 15.7%
Revenue THB 198.15B, +20,3% YoY; Operating income +46,2% YoY.
- ▍Revenue THB 198.15B, +20,3% YoY
- ▍Operating income +46,2% YoY
- ▍Net income +31,0% YoY
- ▍Free cash flow +139,2% YoY
- ▍Net margin 12.5%
Revenue THB 164.73B, +12,5% YoY; Operating income +1,1% YoY.
- ▍Revenue THB 164.73B, +12,5% YoY
- ▍Operating income +1,1% YoY
- ▍Net income +2,8% YoY
- ▍Free cash flow −20,4% YoY
- ▍Net margin 11.5%
Revenue THB 146.37B, +23,5% YoY; Operating income +23,2% YoY.
- ▍Revenue THB 146.37B, +23,5% YoY
- ▍Operating income +23,2% YoY
- ▍Net income +20,1% YoY
- ▍Free cash flow −34,8% YoY
- ▍Net margin 12.6%
Revenue THB 118.56B, +40,6% YoY; Operating income +133,5% YoY.
- ▍Revenue THB 118.56B, +40,6% YoY
- ▍Operating income +133,5% YoY
- ▍Net income +129,1% YoY
- ▍Free cash flow +860,9% YoY
- ▍Net margin 12.9%
Valuation TTM
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Peer comparison
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Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 2,87 |
| Revenue | —no estimate | —no estimate | 266,5B THB |
| Operating income | —no estimate | —no estimate | 41,8B THB |
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consensus EPS · 26-week trendSell-side observations
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Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
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- Delta Electronics Thailand PCL Market data — financials · 2026-05-27
- Delta Electronics Thailand PCL Market data — analyst estimates · 2026-05-27