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Delta ElectronicsLUX:DELEC 72 Return-on-Tangible-Equity is 39.22% as of Mar. 2026, which is 33% above its 10-year median of 29.39. GuruFocus rates LUX:DELEC with a GF Score™ of 72/100 and a GF Value™ of $22.73. The stock has 1 warning sign investors should review. Among 2,385 Hardware companies, Delta Electronics ranks better than 93.75% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Delta Electronics's annualized net income for the quarter that ended in Mar. 2026 was $2,580 Mil. Delta Electronics's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $6,579 Mil. Therefore, Delta Electronics's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 39.22%.
The historical rank and industry rank for Delta Electronics's Return-on-Tangible-Equity or its related term are showing as below:
LUX:DELEC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 19.32 Med: 29.39 Max: 39.77
Current: 39.66
During the past 13 years, Delta Electronics's highest Return-on-Tangible-Equity was 39.77%. The lowest was 19.32%. And the median was 29.39%.
LUX:DELEC's Return-on-Tangible-Equity is ranked better than 93.75% of 2385
companies
in the Hardware industry
Industry Median: 5.32
vs LUX:DELEC: 39.66
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Delta Electronics Return-on-Tangible-Equity Related Terms
Delta Electronics Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Delta Electronics's Return-on-Tangible-Equity 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.
LUX:DELEC vs APH, GLW, TEL: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Delta Electronics's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Delta Electronics's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Delta Electronics's Return-on-Tangible-Equity 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 39.22% mean?
Delta Electronics (LUX:DELEC) has a Return-on-Tangible-Equity of 39.22% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Delta Electronics and its competitors. This is 33% above median its historical median of 29.39. Over the past decade, Delta Electronics' Return-on-Tangible-Equity has ranged from 19.32 to 39.77. According to the industry distribution chart, Delta Electronics ranks #149 out of 2385 companies in the Hardware industry, placing it in the top 6.2%.
Is Delta Electronics' Return-on-Tangible-Equity too high?
Delta Electronics' current Return-on-Tangible-Equity of 39.22% is 33% above median its 10-year median of 29.39. Over the past 10 years, this metric has ranged from a low of 19.32 to a high of 39.77. The Hardware industry median Return-on-Tangible-Equity is 5.32. Delta Electronics' value of 39.22% is 637.2% above this industry median. Based on the distribution chart, Delta Electronics ranks #149 out of 2385 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Delta Electronics has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Delta Electronics' Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Delta Electronics ranks #149 out of 2385 companies for Return-on-Tangible-Equity. This places Delta Electronics in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.32. Delta Electronics' value of 39.22% is 637.2% above this benchmark. Historically, Delta Electronics' own Return-on-Tangible-Equity has ranged from 19.32 to 39.77 over the past decade. While the company's 10-year median is 29.39 vs. the industry median of 5.32, Delta Electronics has consistently been above 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 Return-on-Tangible-Equity for a Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.32, based on 2,385 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Delta Electronics's current Return-on-Tangible-Equity of 39.22% is 637.2% above 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Delta Electronics and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delta Electronics's current Return-on-Tangible-Equity is 39.22%, which is 33% above median its own 10-year median of 29.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Electronics stock overvalued right now?
Delta Electronics (LUX:DELEC) has a current Return-on-Tangible-Equity of 39.22%. The stock's GF Value™ is $22.73, compared to a current price of $65.00 — trading 186% above its estimated fair value. The current Return-on-Tangible-Equity is 39.22%, which is 33% above median its 10-year median of 29.39 and 637.2% above the Hardware industry median of 5.32. Delta Electronics' overall GF Score™ is 72/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Delta Electronics (LUX:DELEC), the current Return-on-Tangible-Equity is 39.22% 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 (LUX:DELEC) Overvalued in 2026?
Based on GuruFocus' analysis, Delta Electronics stock appears to be overvalued.
The current stock price of $65.00 is trading 186% above its estimated GF Value™ of $22.73.
Key valuation signals for LUX:DELEC:
Return-on-Tangible-Equity: 39.22% (33% above median its 10-year median of 29.39)
GF Value™: $22.73 vs. price of $65.00 (186% above fair value)
Industry Position: 637.2% above the Hardware median (#149 of 2385)
No single metric tells the full story. See the LUX:DELEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1971 and headquartered in Taiwan, Delta Electronics is a global leader in power and thermal solutions. The company offers a wide range of products, with end applications spanning consumer electronics, data centers, industrial equipment, electric vehicles, and renewable energy systems. Delta operates across four business segments: power electronics, mobility, automation, and infrastructure.
72GF Score
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