Obermatt

Delta Electronics

TAI:2308 · TW0002308004
Electronic Equipment, Instruments & ComponentsLarge

360

90
EV / EBIT33
Price / Owner Earnings25
Owner Earnings Yield34
Dividend Yield43
Price/Sales14
EV / Gross Profit34
Price/Book6
Return on Capital88
Cash Return on Capital82
Return on Equity86
EBIT Margin71
Gross Profitability97
Cash Conversion50
Accruals35
Owner Earnings Margin62
Sales growth90
Profit Growth100
Long-Term EPS Growth84
Owner Earnings Growth85
Reinvestment59
Price momentum89
Debt load63
Refinancing29
Debt Payback100
Liquidity74
Analyst ratings72
Opinion Changes78
Price Target Upside84
Market mood85
Value Creation20/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Delta Electronics generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryTaiwan
IndustryElectronic Equipment, Instruments & Components
SizeLarge
TypePublic Company
ExchangeTWSE
Founded1975
Employees5,228
ISINTW0002308004
Last UpdateApr 2, 2026
Themes
Industrial AutomationEnergy ManagementEnergy StorageSmart EnergyCleanTechClimateTechClean EnergyElectric VehicleBattery Energy Storage System (BESS)Electric Vehicle Charging InfrastructureSmart BuildingData Center TechnologyEnergy EfficiencyAdvertisingComputerManufacturingWearables

Description

Analysis

Beloved champion

Delta Electronics, Inc. is a beloved champion: its quality is genuine, and the market already prices it as exceptional. One caution: reported profits have recently run ahead of actual cash, which we track closely.

The price is expensive. You pay 108.7× its owner earnings: the cash an owner could take out each year, which is in the historically expensive zone. At today's price, the market is assuming roughly 29% yearly growth; analysts expect 59%. The price, in other words, assumes less than the experts do.

The trajectory is solid and the balance sheet is sturdy. The company scores 20/20 on our value-creation score: strong value creator.

What to watch: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
77
2023202420252026

All-time high

80

Mar 2026

All-time low

17

Jan 2023

Average rank

55

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
14
29
30
30
Price/Earnings
16
22
17
10
Price/Book
6
6
10
11
Dividend Yield
43
29
48
23
Value (overall)
3
1
5
9

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →