DLEGF (Delta Electronics (Thailand) PCL) ROIC %: 36.13% (As of Mar. 2026)


DLEGF Delta Electronics (Thailand) PCL DLEGF
83 GF Score
Price $9.90
GF Value $5.28
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Delta Electronics (Thailand) PCL ROIC %?

Delta Electronics (Thailand) PCL DLEGF 83 ROIC % is 36.13% as of Mar. 2026. GuruFocus rates DLEGF with a GF Score™ of 83/100 and a GF Value™ of $5.28 (Significantly Overvalued). The stock has 4 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Delta Electronics (Thailand) PCL's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 36.13%.

As of today (2026-06-24), Delta Electronics (Thailand) PCL's WACC % is 21.77%. Delta Electronics (Thailand) PCL's ROIC % is 30.37% (calculated using TTM income statement data). Delta Electronics (Thailand) PCL generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Delta Electronics (Thailand) PCL  (OTCPK:DLEGF) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Delta Electronics (Thailand) PCL's WACC % is 21.77%. Delta Electronics (Thailand) PCL's ROIC % is 30.37% (calculated using TTM income statement data). Delta Electronics (Thailand) PCL generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Delta Electronics (Thailand) PCL ROIC % Related Terms


Delta Electronics (Thailand) PCL ROIC % Historical Data

* Premium members only.

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

Delta Electronics (Thailand) PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.04 30.64 28.07 25.30 29.42

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
ROIC % 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 26.58 22.73 30.65 31.92 36.13

DLEGF vs VRT, BE: ROIC % Comparison

For the Electrical Equipment & Parts subindustry, Delta Electronics (Thailand) PCL's ROIC %, along with its competitors' market caps and ROIC % 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 ROIC % vs Industrial Products Industry

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

* The bar in red indicates where Delta Electronics (Thailand) PCL's ROIC % falls into.


DLEGF
83GF Score
Delta Electronics (Thailand) PCL DLEGF
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Delta Electronics (Thailand) PCL ROIC % Calculation

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

ROIC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=853.853 * ( 1 - 14.1% )/( (2138.719 + 2846.862)/ 2 )
=733.459727/2492.7905
=29.42 %

where

Invested Capital(A: Dec. 2024 )
=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))
=3605.295 - 1006.72 - ( 459.856 - max(0, 1126.56 - 2417.21+459.856))
=2138.719

Invested Capital(A: 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))
=4881.423 - 1392.027 - ( 642.534 - max(0, 1655.386 - 3296.079+642.534))
=2846.862

Delta Electronics (Thailand) PCL's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1252.636 * ( 1 - 13.05% )/( (2846.862 + 3182.825)/ 2 )
=1089.167002/3014.8435
=36.13 %

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))
=4881.423 - 1392.027 - ( 642.534 - max(0, 1655.386 - 3296.079+642.534))
=2846.862

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))
=5399.728 - 1626.377 - ( 590.526 - max(0, 1939.103 - 3763.782+590.526))
=3182.825

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* 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 ROIC % →
What does a ROIC % of 36.13% mean?
Delta Electronics (Thailand) PCL (DLEGF) has a ROIC % of 36.13% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Delta Electronics (Thailand) PCL and its competitors.
Is Delta Electronics (Thailand) PCL's ROIC % too high?
Delta Electronics (Thailand) PCL's current ROIC % is 36.13%. The Industrial Products industry median ROIC % is 5.23. Delta Electronics (Thailand) PCL's value of 36.13% is 590.8% above this industry median. 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 ROIC % compare to VRT and BE?
Delta Electronics (Thailand) PCL's ROIC % of 36.13% can be compared against companies in the Industrial Products industry. The industry median ROIC % is 5.23. Delta Electronics (Thailand) PCL's value of 36.13% is 590.8% 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 ROIC % for an Industrial Products company?
The median ROIC % among Industrial Products companies is 5.23, based on 3,039 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Delta Electronics (Thailand) PCL's current ROIC % of 36.13% is 590.8% 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Delta Electronics (Thailand) PCL and its competitors. For the Industrial Products industry, the median ROIC % is 5.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delta Electronics (Thailand) PCL's current ROIC % is 36.13%. 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 $5.28, compared to a current price of $9.90 — trading 87.5% above its estimated fair value. The current ROIC % is 36.13% and 590.8% above the Industrial Products industry median of 5.23. Delta Electronics (Thailand) PCL's overall GF Score™ is 83/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Delta Electronics (Thailand) PCL (DLEGF), the current ROIC % is 36.13% 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 $9.90 is trading 87.5% above its estimated GF Value™ of $5.28. GuruFocus considers Delta Electronics (Thailand) PCL to be Significantly Overvalued.

Key valuation signals for DLEGF:

  • ROIC %: 36.13%
  • GF Value™: $5.28 vs. price of $9.90 (87.5% above fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 590.8% above the Industrial Products median

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

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.
83GF Score

Get the complete analysis for DLEGF

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

$9.90
Price
$5.28
GF Value