
- Thailand implemented a 15% global minimum corporate tax rate in 2025, impacting multinational companies like Delta Thailand.
- Projected Q1 net income for Delta Thailand is 5.98 billion baht with an estimated revenue of 41.27 billion baht and EPS of 0.44 baht.
- Analyst Opinions:
- Yuanta Securities: Recommends “Sell” with a price target of 45 baht, predicting a 7% year-on-year drop in Q1 core profit to 3.5 billion baht due to increased taxes and US tariffs.
- KGI Securities: Rates “Neutral” with a price target of 52 baht, suggests Q1 core profit growth is flat, higher tax expenses offsetting sales and margin gains.
- Phillip Securities: Advises “Buy” with a price target of 94 baht, anticipates a 2.7% year-on-year rise in Q1 net income driven by data center and AI product sales.
- Yuanta and KGI Securities have revised down their earnings estimates for 2025 and 2026 due to tariff and tax impacts, suggesting investors remain cautious.
- Despite potential growth in AI product sales, the suspension of conversion circuit products in the US is expected to affect Deltaβs revenue.
- Current investment recommendations include 2 “Buys,” 5 “Holds,” and 14 “Sells,” with an average price target of 68.36 baht, indicating a 0.9% downside from the current share price.
- Delta Thailand shares have decreased 0.4% over the past year, compared to a 13.6% drop in the SET Index.
- Q1 financial results are expected to be released on April 25.
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Delta Electronics Thailand on Smartkarma
Analyst coverage of Delta Electronics Thailand on Smartkarma reveals mixed sentiments from different experts. Vincent Fernando, CFA‘s report highlights the significant drop of Delta Thailand compared to Delta Taiwan, suggesting that Delta Thailand remains overvalued even after recent price adjustments. In contrast, Brian Freitas expresses a bearish view, noting that Delta Electronics Thailand has been sliding and faces deletion risk from the SET50 Index due to its high valuation premium compared to its parent company. On the other hand, Henry Soediarko sees a buying opportunity, mentioning that the recent share price weakness presents a chance for investors based on historical patterns.
These insights from various analysts provide investors with a range of perspectives on Delta Electronics Thailand’s current standing and future potential. While some analysts caution about overvaluation and potential risks, others see opportunities for growth and value. It’s essential for investors to consider these differing viewpoints and conduct thorough research before making any investment decisions regarding Delta Electronics Thailand.
A look at Delta Electronics Thailand Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Delta Electronics Thailand, a company that designs and manufactures electronic equipment, shows a promising long-term outlook based on the Smartkarma Smart Scores. With a high Growth score of 5 and a strong Resilience score of 4, the company is positioned well for future development and has shown the ability to weather economic challenges. While its Value and Dividend scores are moderate at 2 each, the momentum of the company’s performance is also rated at 2, indicating steady progress. Overall, Delta Electronics Thailand is projected to have a positive trajectory in the long run.
Delta Electronics (Thailand) PCL specializes in producing power systems for various industries such as telecommunications, medical equipment, and industrial automation. In addition to these core products, the company also manufactures fans, electromagnetic interference filters, and solenoids. This diversification in its product line may contribute to its overall stability and growth potential. With a strong emphasis on Growth and Resilience, Delta Electronics Thailand is well-positioned to thrive in the ever-evolving electronic equipment sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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