Delta Electronics (Thailand) PCL (FRA:DLS) EBIT: €887 Mil (TTM As of Mar. 2026)


FRA:DLS Delta Electronics (Thailand) PCL FRA:DLS
86 GF Score
Price €8.20
GF Value €4.32
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Delta Electronics (Thailand) PCL EBIT?

Delta Electronics (Thailand) PCL FRA:DLS +2.50% 86 EBIT is €887 Mil as of Mar. 2026. GuruFocus rates FRA:DLS with a GF Score™ of 86/100 and a GF Value™ of €4.32 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Delta Electronics (Thailand) PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €280 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €887 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Delta Electronics (Thailand) PCL's annualized ROC % for the quarter that ended in Mar. 2026 was 36.34%. Delta Electronics (Thailand) PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 52.49%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Delta Electronics (Thailand) PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.85%.


Delta Electronics (Thailand) PCL  (FRA:DLS) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Delta Electronics (Thailand) PCL's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1083.528 * ( 1 - 13.05% )/( (2431.22 + 2753.144)/ 2 )
=942.127596/2592.182
=36.34 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4168.735 - 1188.791 - ( 548.724 - max(0, 1413.699 - 2814.852+548.724))
=2431.22

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4670.765 - 1406.816 - ( 510.805 - max(0, 1677.324 - 3255.671+510.805))
=2753.144

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Delta Electronics (Thailand) PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1121.028/( ( (1251.506 + max(759.4, 0)) + (1291.933 + max(968.323, 0)) )/ 2 )
=1121.028/( ( 2010.906 + 2260.256 )/ 2 )
=1121.028/2135.581
=52.49 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1187.026 + 939.359 + 35.126) - (1188.791 + 169.093 + 44.227)
=759.4

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1466.704 + 1144.568 + 19.298) - (1406.816 + 189.947 + 65.484)
=968.323

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Delta Electronics (Thailand) PCL's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=887.325/104399.149
=0.85 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Delta Electronics (Thailand) PCL EBIT Related Terms


Delta Electronics (Thailand) PCL EBIT Historical Data

* Premium members only.

The historical data trend for Delta Electronics (Thailand) PCL's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Delta Electronics (Thailand) PCL EBIT Chart

Delta Electronics (Thailand) PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 179.45 429.83 513.93 557.04 783.02

Delta Electronics (Thailand) PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 172.33 143.95 232.89 230.23 280.26

FRA:DLS vs VRT, BE: EBIT Comparison

For the Electrical Equipment & Parts subindustry, Delta Electronics (Thailand) PCL's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Delta Electronics (Thailand) PCL EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Delta Electronics (Thailand) PCL's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Delta Electronics (Thailand) PCL's EV-to-EBIT falls into.


FRA:DLS
86GF Score
Delta Electronics (Thailand) PCL FRA:DLS
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Delta Electronics (Thailand) PCL EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €887 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €887 Mil mean?
Delta Electronics (Thailand) PCL (FRA:DLS) has a EBIT of €887 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Delta Electronics (Thailand) PCL.
Is Delta Electronics (Thailand) PCL's EBIT too high?
Delta Electronics (Thailand) PCL's current EBIT is €887 Mil. Overall, Delta Electronics (Thailand) PCL has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Delta Electronics (Thailand) PCL's EBIT compare to VRT and BE?
Delta Electronics (Thailand) PCL's EBIT of €887 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Industrial Products company?
A good EBIT depends on the Industrial Products industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Delta Electronics (Thailand) PCL. Delta Electronics (Thailand) PCL's current EBIT is €887 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Electronics (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Delta Electronics (Thailand) PCL (FRA:DLS) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.32, compared to a current price of €8.20 — trading 89.8% above its estimated fair value. The current EBIT is €887 Mil. Delta Electronics (Thailand) PCL's overall GF Score™ is 86/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Delta Electronics (Thailand) PCL (FRA:DLS), the current EBIT is €887 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Delta Electronics (Thailand) PCL (FRA:DLS) Overvalued in 2026?

Based on GuruFocus' analysis, Delta Electronics (Thailand) PCL stock appears to be overvalued. The current stock price of €8.20 is trading 89.8% above its estimated GF Value™ of €4.32. GuruFocus considers Delta Electronics (Thailand) PCL to be Significantly Overvalued.

Key valuation signals for FRA:DLS:

  • EBIT: €887 Mil
  • GF Value™: €4.32 vs. price of €8.20 (89.8% above fair value)
  • GF Score™: 86/100 with 4 warning signs

No single metric tells the full story. See the FRA:DLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Delta Electronics (Thailand) PCL Business Description

Address 909 Soi 9, 714 Moo 4, Pattana 1 Road, Bangpoo Industrial Estate (E.P.Z), Tambon Prakasa, Amphur Muangsamutprakarn, Samutprakarn, THA, 10280
Delta Electronics (Thailand) PCL manufactures and distributes power supplies, electronic equipment, and components such as DC fans, EMI filters, solenoids, etc. The group's reportable segments are: Power electronics, Mobility, Infrastructure, Automation, and Others. The majority of its revenue is generated from the Power electronics segment, which designs, manufactures, and sells power supplies applied to computer, server, office automation equipment, and household electric appliances. The Mobility segment makes EV power systems, the Infrastructure segment builds ICT and energy systems, and the Automation segment offers industrial and building automation. Geographically, the group generates maximum revenue from the United States, followed by Singapore, Germany, Taiwan, and other markets.
86GF Score

Get the complete analysis for FRA:DLS

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€8.20
Price
€4.32
GF Value