Valuation Delta Electronics (Thailand)

Equities

End-of-day quote Thailand S.E. Other stock markets 16/03/2026			5-day change	1st Jan Change
258.00 ^THB	+1.18%		+5.31%	+49.13%

02-23	Krungsri Securities Starts Delta Electronics Thailand at Neutral with THB232 Price Target	MT
02-17	KGI Securities Downgrades Delta Electronics Thailand to Underperform from Neutral, Price Target is THB173	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	513,921	1,035,327	1,097,696	1,902,257	2,157,970	3,218,245	-	-
Change	-	101.46%	6.02%	73.3%	13.44%	49.13%	-	-
Enterprise Value (EV) ¹	509,530	1,027,126	1,093,655	1,888,012	2,139,148	3,195,044	3,184,065	3,161,506
Change	-	101.58%	6.48%	72.63%	13.3%	49.36%	-0.34%	-0.71%
P/E ratio	76.7x	67.5x	59.5x	100x	86.9x	98.3x	78.8x	70.1x
PBR	12.4x	18.9x	16.3x	23.8x	22.3x	26.6x	21.3x	17.6x
PEG	-	1x	2.9x	37x	2.8x	3.1x	3.2x	5.6x
Capitalization / Revenue	6.1x	8.73x	7.5x	11.5x	10.9x	13.2x	10.9x	9.51x
EV / Revenue	6.04x	8.66x	7.47x	11.5x	10.8x	13.1x	10.8x	9.34x
EV / EBITDA	60.4x	58.1x	48.4x	76.8x	62x	70.2x	55.9x	46.7x
EV / EBIT	86x	70.9x	60.7x	106x	81.3x	86.1x	68.6x	59.4x
EV / FCF	-84.9x	180x	388x	108x	148x	131x	92.8x	75.1x
FCF Yield	-1.18%	0.56%	0.26%	0.93%	0.67%	0.77%	1.08%	1.33%
Dividend per Share ²	0.17	0.4	0.45	0.46	0.6	0.8099	1.166	1.369
Rate of return	0.41%	0.48%	0.51%	0.3%	0.35%	0.31%	0.45%	0.53%
EPS ²	0.537	1.231	1.48	1.52	1.99	2.626	3.273	3.679
Distribution rate	31.7%	32.5%	30.4%	30.3%	30.2%	30.8%	35.6%	37.2%
Net sales ¹	84,318	118,558	146,371	164,733	198,153	244,657	294,599	338,378
EBITDA ¹	8,431	17,683	22,616	24,598	34,520	45,538	56,947	67,631
EBIT ¹	5,923	14,493	18,008	17,860	26,326	37,110	46,438	53,207
Net income ¹	6,699	15,344	18,423	18,939	24,814	32,085	39,884	46,287
Net Debt ¹	-4,391	-8,200	-4,041	-14,245	-18,822	-23,201	-34,179	-56,739
Reference price ²	41.20	83.00	88.00	152.50	173.00	258.00	258.00	258.00
Nbr of stocks (in thousands)	12,473,816	12,473,816	12,473,816	12,473,816	12,473,816	12,473,816	-	-
Announcement Date	15/02/22	15/02/23	15/02/24	14/02/25	14/02/26	-	-	-

¹THB in Million²THB

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
DELTA ELECTRONICS (THAILAND)	98.25x	13.06x	70.16x	0.31%	99.16B
SIEMENS AG	21.05x	2.53x	14.15x	2.55%	196B
SCHNEIDER ELECTRIC SE	31.51x	3.83x	18.11x	1.67%	161B
EATON CORPORATION PLC	29.22x	4.83x	19.79x	1.19%	140B
DELTA ELECTRONICS, INC.	37.09x	4.74x	21.42x	1.2%	110B
VERTIV HOLDINGS CO	48.77x	7.37x	30.89x	0.09%	101B
EMERSON ELECTRIC CO.	26.98x	4.49x	15.62x	1.66%	74.8B
AMETEK, INC.	30.09x	6.24x	19.55x	0.62%	49.14B
LEGRAND	29.04x	4.13x	17.44x	1.72%	41.22B
ROCKWELL AUTOMATION, INC.	31.68x	4.92x	21.46x	1.52%	40.9B
Average	38.37x	5.61x	24.86x	1.25%	101.35B
Weighted average by Cap.	37.54x	5.29x	24.30x	1.38%