Delta Electronics (2308) Earnings: 2Q Revenue Hits NT$103.44B with Sales Up 3.79%

Delta Electronics on Smartkarma

Analyst coverage on Delta Electronics by Vincent Fernando, CFA on Smartkarma indicates a bullish sentiment towards Delta Taiwan over its subsidiary, Delta Thailand. The research highlights that Delta Taiwan has been outperforming Delta Thailand, with better access to cutting-edge opportunities such as Nvidia solutions. The market cap ratio between the parent and subsidiary is trading over 1.0x, suggesting further potential for Delta Taiwan’s outperformance in the long run.

In another report, Vincent Fernando, CFA discusses Delta Taiwan’s surge as a new AI play, driven by its AI power efficiency solutions showcased at Nvidia Corp’s GTC Conference. Despite the outperformance, there is caution as short interest in Delta Taiwan spiked, raising concerns about overbought conditions due to AI concept stock hype. The valuation mismatch between Delta Taiwan and Delta Thailand has corrected, indicating that Delta Taiwan may be the preferred stock to own in the future.

A look at Delta Electronics Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Delta Electronics Inc. is poised for a strong long-term outlook based on its Smartkarma Smart Scores. With a solid score of 4 in Growth, Resilience, and Momentum, the company shows promising prospects in terms of expanding its business, withstanding market challenges, and maintaining positive stock price performance. Delta Electronics‘ focus on innovation and adaptability positions it well for future growth and success in the industry.

While the Value and Dividend scores are lower at 2, indicating room for improvement in these areas, Delta Electronics‘ overall outlook remains optimistic. As a manufacturer of power supplies and video display products, including a range of cutting-edge technologies, the company has a diverse product portfolio and a strong market presence, further supporting its positive long-term trajectory. Investors may find Delta Electronics a compelling option for potential growth and resilience in the market.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

💡 Before it’s here, it’s on Smartkarma