Delta Electronics (Thailand) PCLDLEGF -2.39%83 Net Current Asset Value is $0.13 as of Mar. 2026, which is 99% below its 10-year median of 18.74. GuruFocus rates DLEGF with a GF Score™ of 83/100 and a GF Value™ of $5.33 (Significantly Overvalued). Among 2,217 Industrial Products companies, Delta Electronics (Thailand) PCL ranks worse than 96.39% on this metric.
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
The historical rank and industry rank for Delta Electronics (Thailand) PCL's Net Current Asset Value or its related term are showing as below:
DLEGF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.45 Med: 18.74 Max: 80.46
Current: 75.46
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Delta Electronics (Thailand) PCL was 80.46. The lowest was 2.45. And the median was 18.74.
DLEGF's Price-to-Net-Current-Asset-Value is ranked worse than 96.39% of 2217
companies
in the Industrial Products industry
Industry Median: 5.5
vs DLEGF: 75.46
Delta Electronics (Thailand) PCL (OTCPK:DLEGF) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
Delta Electronics (Thailand) PCL Net Current Asset Value Related Terms
Delta Electronics (Thailand) PCL Net Current Asset Value Historical Data
* 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 Net Current Asset Value Chart
DLEGF vs VRT, BE: Net Current Asset Value Comparison
For the Electrical Equipment & Parts subindustry, Delta Electronics (Thailand) PCL's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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 Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Delta Electronics (Thailand) PCL's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Delta Electronics (Thailand) PCL's Price-to-Net-Current-Asset-Value falls into.
* 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.
What does a Net Current Asset Value of $0.13 mean?
Delta Electronics (Thailand) PCL (DLEGF) has a Net Current Asset Value of $0.13 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Delta Electronics (Thailand) PCL and its competitors. This is 99% below median its historical median of 18.74. Over the past decade, Delta Electronics (Thailand) PCL's Net Current Asset Value has ranged from 2.45 to 80.46. According to the industry distribution chart, Delta Electronics (Thailand) PCL ranks #2137 out of 2217 companies in the Industrial Products industry, placing it in the top 96.4%.
Is Delta Electronics (Thailand) PCL's Net Current Asset Value too high?
Delta Electronics (Thailand) PCL's current Net Current Asset Value of $0.13 is 99% below median its 10-year median of 18.74. Over the past 10 years, this metric has ranged from a low of 2.45 to a high of 80.46. The Industrial Products industry median Net Current Asset Value is 5.50. Delta Electronics (Thailand) PCL's value of $0.13 is 97.6% below this industry median. Based on the distribution chart, Delta Electronics (Thailand) PCL ranks #2137 out of 2217 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Delta Electronics (Thailand) PCL has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Delta Electronics (Thailand) PCL's Net Current Asset Value compare to VRT and BE?
According to the Industrial Products industry distribution chart, Delta Electronics (Thailand) PCL ranks #2137 out of 2217 companies for Net Current Asset Value. This places Delta Electronics (Thailand) PCL in the lower half of its industry. The industry median Net Current Asset Value is 5.50. Delta Electronics (Thailand) PCL's value of $0.13 is 97.6% below this benchmark. Historically, Delta Electronics (Thailand) PCL's own Net Current Asset Value has ranged from 2.45 to 80.46 over the past decade. While the company's 10-year median is 18.74 vs. the industry median of 5.50, Delta Electronics (Thailand) PCL has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for an Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 5.50, based on 2,217 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Delta Electronics (Thailand) PCL's current Net Current Asset Value of $0.13 is 97.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Delta Electronics (Thailand) PCL and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delta Electronics (Thailand) PCL's current Net Current Asset Value is $0.13, which is 99% below median its own 10-year median of 18.74. 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 (DLEGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.33, compared to a current price of $9.81 — trading 84.1% above its estimated fair value. The current Net Current Asset Value is $0.13, which is 99% below median its 10-year median of 18.74 and 97.6% below the Industrial Products industry median of 5.50. Delta Electronics (Thailand) PCL's overall GF Score™ is 83/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Delta Electronics (Thailand) PCL (DLEGF), the current Net Current Asset Value is $0.13 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 (DLEGF) Overvalued in 2026?
Based on GuruFocus' analysis, Delta Electronics (Thailand) PCL stock appears to be overvalued.
The current stock price of $9.81 is trading 84.1% above its estimated GF Value™ of $5.33.
GuruFocus considers Delta Electronics (Thailand) PCL to be Significantly Overvalued.
Key valuation signals for DLEGF:
Net Current Asset Value: $0.13 (99% below median its 10-year median of 18.74)
GF Value™: $5.33 vs. price of $9.81 (84.1% above fair value)
Industry Position: 97.6% below the Industrial Products median (#2137 of 2217)
No single metric tells the full story. See the DLEGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Delta Electronics (Thailand) PCL Business Description
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.
83GF Score
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