Delta Electronics (2308) Earnings: June Sales Hit NT$34.83B, Marking a 0.01% Increase

Delta Electronics on Smartkarma

Analyst coverage of Delta Electronics on Smartkarma by Vincent Fernando, CFA, indicates a focus on the performance comparison between Delta Taiwan and Delta Thailand. In one report, it is highlighted that Delta Taiwan has been outperforming its Thai counterpart, attributing this to better access to cutting-edge opportunities, particularly in technologies like Nvidia solutions. The market cap ratio between the parent and subsidiary has been consistently above 1.0x, suggesting further potential upside for Delta Taiwan. The analysis anticipates continued outperformance by Delta Taiwan over Delta Thailand in the long term.

Another report by the same analyst underscores Delta Taiwan’s surge as an AI play, following its showcasing of AI power efficiency solutions at NVIDIA Corp’s GTC Conference. Despite the outperformance, there is a cautionary note on the increased short interest in Delta Taiwan, questioning whether the AI angle has been overbought. The analysis also discusses the valuation mismatch between Delta Taiwan and Delta Thailand, with Delta Thailand now valued lower than its parent company. The report raises concerns about the short-term rally in Taiwan’s market due to potential hype around AI concept stocks.

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., a company that specializes in manufacturing power supplies and video display products, has received a positive long-term outlook based on Smartkarma Smart Scores. With a strong growth score of 4, Delta Electronics is expected to expand and develop in the future. This growth potential is further supported by solid resilience and momentum scores of 4 each, indicating the company’s ability to withstand market challenges and maintain a positive trajectory.

Although Delta Electronics scored moderately in terms of value and dividend at 2 and 3 respectively, the higher scores in growth, resilience, and momentum suggest a promising future for the company. This indicates that while the company may not be currently undervalued or offering high dividends, its potential for growth and ability to navigate market conditions make it an attractive prospect for long-term investors.

Summary: Delta Electronics Inc. is a manufacturer of power supplies and video display products, offering a range of products including switching power supplies, telecom power systems, and high-resolution color monitors. Their focus on growth, resilience, and momentum positions them well for the future, despite moderate scores in value and dividend.

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.
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