Delta Electronics, Inc. Logo

Delta Electronics, Inc.

2308.TW

(3.5)
Stock Price

391,50 TWD

8.46% ROA

17.41% ROE

23.61x PER

Market Cap.

762.377.990.000,00 TWD

31.49% DER

3.35% Yield

8.32% NPM

Delta Electronics, Inc. Stock Analysis

Delta Electronics, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Delta Electronics, Inc. Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (17.13%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 DER

The stock has a low debt to equity ratio (31%), which means it has a small amount of debt compared to the ownership it holds

3 Revenue Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

4 Net Profit Growth

Over the last five years, this company's net profit has shown continuous growth, reflecting a robust financial performance and making it an attractive choice for potential investors.

5 Assets Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

6 Dividend

Shareholders can rely on the company's remarkable dividend history, consistently paying dividends for the past five years, demonstrating a steadfast dedication to rewarding investors.

7 ROA

The stock's ROA (8.46%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

8 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (4.335) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

9 PBV

The stock's elevated P/BV ratio (4.02x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

10 Graham Number

The company's Graham number indicates that it is overvalued compared to its stock price, suggesting a potentially unfavorable investment opportunity.

11 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

Delta Electronics, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Delta Electronics, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Delta Electronics, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Delta Electronics, Inc. Revenue
Year Revenue Growth
2006 105.216.037.000
2007 130.614.095.000 19.45%
2008 142.644.854.000 8.43%
2009 124.120.102.000 -14.92%
2010 171.302.453.000 27.54%
2011 172.056.311.000 0.44%
2012 171.759.924.000 -0.17%
2013 177.053.122.000 2.99%
2014 190.635.120.000 7.12%
2015 203.451.661.000 6.3%
2016 214.355.571.000 5.09%
2017 223.577.514.000 4.12%
2018 237.017.809.000 5.67%
2019 268.131.397.000 11.6%
2020 282.605.493.000 5.12%
2021 314.670.796.000 10.19%
2022 384.443.308.000 18.15%
2023 431.181.740.000 10.84%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Delta Electronics, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2006 4.657.680.000
2007 5.109.288.000 8.84%
2008 6.446.593.000 20.74%
2009 6.635.124.000 2.84%
2010 8.900.631.000 25.45%
2011 9.986.037.000 10.87%
2012 10.983.334.000 9.08%
2013 11.274.117.000 2.58%
2014 12.441.396.000 9.38%
2015 14.465.029.000 13.99%
2016 15.487.402.000 6.6%
2017 16.707.312.000 7.3%
2018 19.257.915.000 13.24%
2019 23.887.886.000 19.38%
2020 25.479.870.000 6.25%
2021 27.202.489.000 6.33%
2022 31.769.981.000 14.38%
2023 38.479.416.000 17.44%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Delta Electronics, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 2.319.384.000
2007 2.727.998.000 14.98%
2008 3.685.370.000 25.98%
2009 3.619.955.000 -1.81%
2010 4.500.868.000 19.57%
2011 4.982.148.000 9.66%
2012 5.540.757.000 10.08%
2013 5.824.674.000 4.87%
2014 6.684.466.000 12.86%
2015 7.984.301.000 16.28%
2016 9.284.163.000 14%
2017 9.190.101.000 -1.02%
2018 9.714.466.000 5.4%
2019 11.418.313.000 14.92%
2020 12.020.761.000 5.01%
2021 12.378.064.000 2.89%
2022 14.896.570.000 16.91%
2023 17.515.704.000 14.95%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Delta Electronics, Inc. EBITDA
Year EBITDA Growth
2006 17.087.332.000
2007 22.685.819.000 24.68%
2008 19.539.996.000 -16.1%
2009 20.154.054.000 3.05%
2010 25.443.357.000 20.79%
2011 21.251.787.000 -19.72%
2012 29.370.962.000 27.64%
2013 31.014.119.000 5.3%
2014 34.314.873.000 9.62%
2015 33.625.912.000 -2.05%
2016 34.306.109.000 1.98%
2017 34.334.457.000 0.08%
2018 34.354.135.000 0.06%
2019 43.821.655.000 21.6%
2020 50.377.209.000 13.01%
2021 52.896.634.000 4.76%
2022 65.706.437.000 19.5%
2023 78.459.956.000 16.25%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Delta Electronics, Inc. Gross Profit
Year Gross Profit Growth
2006 22.506.907.000
2007 27.403.890.000 17.87%
2008 25.495.246.000 -7.49%
2009 26.765.191.000 4.74%
2010 36.603.556.000 26.88%
2011 32.782.344.000 -11.66%
2012 42.160.153.000 22.24%
2013 45.019.930.000 6.35%
2014 51.494.538.000 12.57%
2015 55.368.665.000 7%
2016 59.493.731.000 6.93%
2017 60.768.274.000 2.1%
2018 63.554.387.000 4.38%
2019 74.496.145.000 14.69%
2020 87.212.378.000 14.58%
2021 90.209.451.000 3.32%
2022 110.772.563.000 18.56%
2023 127.478.908.000 13.11%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Delta Electronics, Inc. Net Profit
Year Net Profit Growth
2006 11.330.841.000
2007 15.061.305.000 24.77%
2008 10.250.915.000 -46.93%
2009 11.657.475.000 12.07%
2010 15.754.207.000 26%
2011 10.991.031.000 -43.34%
2012 16.109.542.000 31.77%
2013 17.776.202.000 9.38%
2014 20.698.900.000 14.12%
2015 18.714.623.000 -10.6%
2016 18.797.799.000 0.44%
2017 18.380.552.000 -2.27%
2018 18.193.093.000 -1.03%
2019 23.117.797.000 21.3%
2020 25.485.231.000 9.29%
2021 26.796.302.000 4.89%
2022 32.665.728.000 17.97%
2023 37.450.016.000 12.78%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Delta Electronics, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 5
2007 7 16.67%
2008 5 -50%
2009 5 20%
2010 7 16.67%
2011 5 -50%
2012 6 33.33%
2013 7 14.29%
2014 8 12.5%
2015 8 -14.29%
2016 7 0%
2017 7 0%
2018 7 0%
2019 9 12.5%
2020 10 11.11%
2021 10 10%
2022 13 16.67%
2023 14 14.29%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Delta Electronics, Inc. Free Cashflow
Year Free Cashflow Growth
2006 9.756.436.000
2007 12.958.251.000 24.71%
2008 8.042.956.000 -61.11%
2009 17.183.269.000 53.19%
2010 12.675.536.000 -35.56%
2011 3.942.597.000 -221.5%
2012 12.199.702.000 67.68%
2013 16.200.069.000 24.69%
2014 21.902.765.000 26.04%
2015 22.806.705.000 3.96%
2016 22.601.027.000 -0.91%
2017 13.732.041.000 -64.59%
2018 11.827.382.000 -16.1%
2019 24.377.615.000 51.48%
2020 28.326.835.000 13.94%
2021 3.991.098.000 -609.75%
2022 24.089.530.000 83.43%
2023 6.829.108.000 -252.75%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Delta Electronics, Inc. Operating Cashflow
Year Operating Cashflow Growth
2006 15.739.588.000
2007 20.859.340.000 24.54%
2008 16.078.445.000 -29.73%
2009 21.388.650.000 24.83%
2010 21.567.851.000 0.83%
2011 18.072.615.000 -19.34%
2012 23.631.551.000 23.52%
2013 25.422.270.000 7.04%
2014 27.835.238.000 8.67%
2015 31.059.105.000 10.38%
2016 30.899.849.000 -0.52%
2017 26.969.290.000 -14.57%
2018 23.671.710.000 -13.93%
2019 41.910.768.000 43.52%
2020 46.850.052.000 10.54%
2021 28.319.366.000 -65.43%
2022 46.529.108.000 39.14%
2023 15.234.006.000 -205.43%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Delta Electronics, Inc. Capital Expenditure
Year Capital Expenditure Growth
2006 5.983.152.000
2007 7.901.089.000 24.27%
2008 8.035.489.000 1.67%
2009 4.205.381.000 -91.08%
2010 8.892.315.000 52.71%
2011 14.130.018.000 37.07%
2012 11.431.849.000 -23.6%
2013 9.222.201.000 -23.96%
2014 5.932.473.000 -55.45%
2015 8.252.400.000 28.11%
2016 8.298.822.000 0.56%
2017 13.237.249.000 37.31%
2018 11.844.328.000 -11.76%
2019 17.533.153.000 32.45%
2020 18.523.217.000 5.34%
2021 24.328.268.000 23.86%
2022 22.439.578.000 -8.42%
2023 8.404.898.000 -166.98%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Delta Electronics, Inc. Equity
Year Equity Growth
2006 49.819.918.000
2007 59.780.853.000 16.66%
2008 58.343.464.000 -2.46%
2009 63.301.089.000 7.83%
2010 75.831.462.000 16.52%
2011 77.820.778.000 2.56%
2012 83.666.041.000 6.99%
2013 93.647.592.000 10.66%
2014 102.884.912.000 8.98%
2015 124.370.187.000 17.28%
2016 124.114.426.000 -0.21%
2017 124.556.969.000 0.36%
2018 139.460.908.000 10.69%
2019 174.354.442.000 20.01%
2020 178.589.641.000 2.37%
2021 186.124.658.000 4.05%
2022 225.367.185.000 17.41%
2023 240.595.127.000 6.33%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Delta Electronics, Inc. Assets
Year Assets Growth
2006 89.109.615.000
2007 117.914.774.000 24.43%
2008 117.557.371.000 -0.3%
2009 133.913.067.000 12.21%
2010 161.738.474.000 17.2%
2011 193.193.979.000 16.28%
2012 181.888.597.000 -6.22%
2013 197.328.814.000 7.82%
2014 220.452.422.000 10.49%
2015 226.275.936.000 2.57%
2016 235.114.670.000 3.76%
2017 250.538.559.000 6.16%
2018 261.935.424.000 4.35%
2019 311.037.290.000 15.79%
2020 336.416.215.000 7.54%
2021 365.112.310.000 7.86%
2022 425.873.806.000 14.27%
2023 461.107.689.000 7.64%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Delta Electronics, Inc. Liabilities
Year Liabilities Growth
2006 34.044.904.000
2007 45.549.714.000 25.26%
2008 44.968.995.000 -1.29%
2009 58.068.115.000 22.56%
2010 74.346.481.000 21.9%
2011 100.708.310.000 26.18%
2012 82.484.771.000 -22.09%
2013 89.443.184.000 7.78%
2014 104.813.345.000 14.66%
2015 96.723.127.000 -8.36%
2016 106.105.804.000 8.84%
2017 116.765.085.000 9.13%
2018 122.474.516.000 4.66%
2019 136.682.848.000 10.4%
2020 157.826.574.000 13.4%
2021 178.987.652.000 11.82%
2022 200.506.621.000 10.73%
2023 220.512.562.000 9.07%

Delta Electronics, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
156.45
Net Income per Share
12.43
Price to Earning Ratio
23.61x
Price To Sales Ratio
1.87x
POCF Ratio
12.11
PFCF Ratio
21.4
Price to Book Ratio
3.87
EV to Sales
1.85
EV Over EBITDA
10.91
EV to Operating CashFlow
11.97
EV to FreeCashFlow
21.18
Earnings Yield
0.04
FreeCashFlow Yield
0.05
Market Cap
762,38 Bil.
Enterprise Value
754,57 Bil.
Graham Number
145.74
Graham NetNet
-10.98

Income Statement Metrics

Net Income per Share
12.43
Income Quality
1.34
ROE
0.17
Return On Assets
0.07
Return On Capital Employed
0.14
Net Income per EBT
0.69
EBT Per Ebit
1.04
Ebit per Revenue
0.12
Effective Tax Rate
0.2

Margins

Sales, General, & Administrative to Revenue
0.04
Research & Developement to Revenue
0.09
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.29
Operating Profit Margin
0.12
Pretax Profit Margin
0.12
Net Profit Margin
0.08

Dividends

Dividend Yield
0.03
Dividend Yield %
3.35
Payout Ratio
0
Dividend Per Share
9.84

Operating Metrics

Operating Cashflow per Share
24.23
Free CashFlow per Share
13.7
Capex to Operating CashFlow
-0.43
Capex to Revenue
-0.07
Capex to Depreciation
-1.31
Return on Invested Capital
0.15
Return on Tangible Assets
0.08
Days Sales Outstanding
94.65
Days Payables Outstanding
77.9
Days of Inventory on Hand
101.7
Receivables Turnover
3.86
Payables Turnover
4.69
Inventory Turnover
3.59
Capex per Share
-10.53

Balance Sheet

Cash per Share
27,82
Book Value per Share
75,93
Tangible Book Value per Share
92.51
Shareholders Equity per Share
75.93
Interest Debt per Share
24.32
Debt to Equity
0.31
Debt to Assets
0.13
Net Debt to EBITDA
-0.11
Current Ratio
2.02
Tangible Asset Value
161,70 Bil.
Net Current Asset Value
38,38 Bil.
Invested Capital
0.31
Working Capital
130,55 Bil.
Intangibles to Total Assets
0.17
Average Receivables
98,55 Bil.
Average Payables
61,14 Bil.
Average Inventory
81481260000
Debt to Market Cap
0.08

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Delta Electronics, Inc. Dividends
Year Dividends Growth
2000 3
2001 3 0%
2002 2 -100%
2003 2 50%
2004 3 0%
2005 3 0%
2006 2 0%
2007 4 33.33%
2008 5 40%
2009 3 -66.67%
2010 4 25%
2011 5 20%
2012 3 -66.67%
2013 5 40%
2014 6 0%
2015 7 16.67%
2016 5 -20%
2017 5 0%
2018 5 0%
2019 5 0%
2020 5 0%
2021 6 0%
2022 6 0%
2023 10 44.44%

Delta Electronics, Inc. Profile

About Delta Electronics, Inc.

Delta Electronics, Inc., together with its subsidiaries, provides power and thermal management solutions in Mainland China, the United States, Taiwan, and internationally. It operates through Power Electronics, Automation, and Infrastructure segments. The Power Electronics segment offers inductors, transformers, networking products, EMI filters, solenoids, and current sensing resistors for use in portable devices, cloud computing equipment, automotive, IoT, and other market segments; and switching power supplies, power modules, external adapters, industrial and medical power, and industrial battery charging products. This segment also provides DC brushless fans and blowers, motors, thermal management products, cabinet thermal solutions, and ventilation and automotive fans; and automotive electronics comprising EV/HEV powertrain solutions, on-board chargers, DC/DC converters, and traction inverters and motors, as well as merchant and mobile power products. The Automation segment offers industrial automation products and solutions consisting of 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. It also provides building automation solutions, which includes building management software, controls, high-efficiency LED drivers, and luminaires for smart lighting solutions and intelligent video surveillance technologies. The Infrastructure segment offers telecom power systems, networking systems, and uninterruptible power supplies and datacenter infrastructure products; and EV charging products, energy storage systems, renewable energy products, and motor drives. Delta Electronics, Inc. was incorporated in 1971 and is headquartered in Taipei, Taiwan.

CEO
Mr. Ping Cheng
Employee
85.684
Address
186, Ruey Kuang Road
Taipei, 114501

Delta Electronics, Inc. Executives & BODs

Delta Electronics, Inc. Executives & BODs
# Name Age
1 Lanford Liu
Vice President of Corporate Investment Department
70
2 Ms. Shalin Chen
Chief Corporate Governance Officer
70
3 Mr. An Cheng
Executive Vice President of Infrastructure (IFB) & Director
70
4 Johnny Shih
Project Manager of Corporate Communications
70
5 Rodney Liu
Investor Relations Officer
70
6 Louis Lin
Chief Internal Auditor
70
7 Mr. Ping Cheng
Chief Executive Officer, Manager & Director
70
8 Mr. Simon Chang
President, Chief Operating Officer, Branch Manager & Director
70
9 Mr. Po-Wen Yu
Senior Director, Chief Accounting Officer & Corporate Chief Financial Officer
70
10 Mr. Chong Hua Cheng
Founder & Honorary Chairman
70

Delta Electronics, Inc. Competitors