Delta Electronics (Thailand) PCL (FRA:DLS) ROCE %: 39.00% (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
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What is Delta Electronics (Thailand) PCL ROCE %?

Delta Electronics (Thailand) PCL FRA:DLS +2.50% 86 ROCE % is 39.00% 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.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Delta Electronics (Thailand) PCL's annualized ROCE % for the quarter that ended in Mar. 2026 was 39.00%.


Delta Electronics (Thailand) PCL  (FRA:DLS) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.


Delta Electronics (Thailand) PCL ROCE % Related Terms


Delta Electronics (Thailand) PCL ROCE % Historical Data

* Premium members only.

The historical data trend for Delta Electronics (Thailand) PCL's ROCE % 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 ROCE % Chart

Delta Electronics (Thailand) PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.81 31.15 29.62 26.19 30.57

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
ROCE % 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 28.39 23.67 37.63 34.56 39.00
FRA:DLS
86GF Score
Delta Electronics (Thailand) PCL FRA:DLS
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Delta Electronics (Thailand) PCL ROCE % Calculation

Delta Electronics (Thailand) PCL's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=783.017/( ( (3443.057 - 1075.865) + (4168.735 - 1413.699) )/ 2 )
=783.017/( (2367.192+2755.036)/ 2 )
=783.017/2561.114
=30.57 %

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

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1121.028/( ( (4168.735 - 1413.699) + (4670.765 - 1677.324) )/ 2 )
=1121.028/( ( 2755.036 + 2993.441 )/ 2 )
=1121.028/2874.2385
=39.00 %

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

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 39.00% mean?
Delta Electronics (Thailand) PCL (FRA:DLS) has a ROCE % of 39.00% as of Mar. 2026.
Is Delta Electronics (Thailand) PCL's ROCE % too high?
Delta Electronics (Thailand) PCL's current ROCE % is 39.00%. The Industrial Products industry median ROCE % is 7.10. Delta Electronics (Thailand) PCL's value of 39.00% is 449.3% above this industry median. 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 ROCE % compare to VRT and BE?
Delta Electronics (Thailand) PCL's ROCE % of 39.00% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.10. Delta Electronics (Thailand) PCL's value of 39.00% is 449.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.10, based on 3,032 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Delta Electronics (Thailand) PCL's current ROCE % of 39.00% is 449.3% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median ROCE % is 7.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delta Electronics (Thailand) PCL's current ROCE % is 39.00%. 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 ROCE % is 39.00% and 449.3% above the Industrial Products industry median of 7.10. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Delta Electronics (Thailand) PCL (FRA:DLS), the current ROCE % is 39.00% 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:

  • ROCE %: 39.00%
  • GF Value™: €4.32 vs. price of €8.20 (89.8% above fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 449.3% above the Industrial Products median

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

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

€8.20
Price
€4.32
GF Value