DELTON (1989) fair value: what the stock is really worth
As of Sep 30, 2026: fair value of DELTON HK$47.92, price HK$120, upside -59.9%, quality 59 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Sep 27, 2026.
How to read this chart
6‑month range HK$83.09 – HK$213.86 · fair‑value band HK$35.49 – HK$60.34 · the HK$119.60 price screens above the HK$47.92 fair value. As of Sep 27, 2026.
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Delton Technology (Guangzhou) Inc. engages in the research, development, production, and sale of multi-layer printed circuit boards in China and internationally.
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Delton Technology (Guangzhou) Inc. engages in the research, development, production, and sale of multi-layer printed circuit boards in China and internationally. The company offers server motherboards, switch boards, HDD storage backplanes, optical modules, and SSD storage boards; AI switch motherboards, AI UBB boards, and OAM module boards; AAU module boards and RF transceiver units; and mini LED, 3D smart printer boards, and automotive boards. Its products are used in data centers and cloud computing, artificial intelligence, 5G communication, terminals, the industrial internet, automotive electronics, industrial control and security, 3D smart printing, and HD display applications. The company also engages in equity investment activities. Delton Technology (Guangzhou) Inc. was incorporated in 2002 and is headquartered in Guangzhou, China.
Stock analysis
DELTON (1989) currently trades at HK$119.60, while our model-based Fair Value estimate is HK$47.92, 59.9% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of HK$104.30 per share, and 0 of the 16 models we run sit above the HK$119.60 price.
Bear case: the Asset-Based group reads lowest at HK$5.56, and 16 of the 16 models stay below the price. Evidence for this calculation is high.
Scenario range: HK$35.49 (bear) to HK$60.34 (bull), the price of HK$119.60 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 59/100 (solid quality), in the Technology sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
DELTON reported revenue of 5.9B CNY in FY2026 versus 268M CNY in FY2022, a compound +117.0%/yr. Reported net income was 1.1B CNY in FY2026.
Key figures
Market cap HK$57.2B (≈ $7.3B) · P/E ratio 67.0 · P/S ratio 12.4 · EPS (TTM) HK$0.9539 · Dividend yield 0.5% · Net margin 18.6% · Return on equity 22.2% · Return on assets (EBIT) 9.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (medium confidence).
What moves the price
For context, the median of 10 Technology peers we cover trades at −56% fair-value upside, at −60%, 1989 screens richer than that median.
Fair Value models
Bear HK$35.49Fair Value HK$47.92Bull HK$60.34
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2026 figures (about 6 months old). Earnings retained since then (HK$0.1544 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+59.0%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+181.8%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+89.1%
Start year 2021 (pandemic). Over 10 years: +42.4% a year
Revenue growth 12 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+36.0%
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What shareholders gained per year (last 3 years) (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 3 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip.
+54.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year+53.9%
Dividend (yield on the price)0.5%
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.10% → 21%
2026 sits 93% above its own trend. The rate follows the median trend of the last 3 years, not that single year.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Electronic Components · 639 stocks
Beats the industry median on 7/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score59 · Above median
Fair Value upside−59.9% · Below median
Profitability
Return on equity (TTM)22.2% · Top 25%
Return on assets10.0% · Top 25%
Net margin (TTM)18.6% · Top 25%
Operating margin (TTM)26.1% · Top 25%
Growth and dividend
Revenue growth71.4% · Top 25%
Dividend yield (TTM)0.5% · Bottom 25%
Balance sheet
Debt / equity0.07× · Below median
Valuation Multiplesvs Electronic Components median · lower = cheaper
P/E (TTM)67.0× · Pricier than median
P/B11.03× · Priciest 25%
P/S (TTM)7.78× · Priciest 25%
EV/EBITDA30.4× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)100· sector 39
PAST (return on equity)89· sector 26
HEALTH (low debt)96· sector 95
DIVIDEND (yield)11· sector 25
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "DELTON Fair Value". https://www.fairvalue-calculator.com/stock/1989
Frequently asked questions
Is DELTON (1989) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of HK$47.92 versus a price of HK$119.60, about −60% upside (overvalued).
What is the fair value of 1989?
Our model-based fair value for DELTON is HK$47.92 (as of Sep 27, 2026), built from audited fundamentals. The current price: HK$119.60.
What is the quality score of 1989?
DELTON has a Quality Score of 59/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for DELTON (1989)?
Our model-based price target is the fair value of HK$47.92 (as of Sep 27, 2026) from 16 valuation models. Cautious scenario HK$35.49, optimistic scenario HK$60.34. It is a calculation from audited fundamentals, not an analyst target.
What is the DELTON stock forecast for 2026?
Our models put fair value at HK$47.92, about −60% upside versus a price of HK$119.60 (overvalued). Cautious scenario HK$35.49, optimistic scenario HK$60.34. The calculation is refreshed regularly with new filings.
What is the revenue of DELTON (1989)?
DELTON reported trailing-twelve-month revenue of about 6.3B CNY (latest available figure, as of Sep 27, 2026).
Does DELTON pay a dividend?
DELTON currently shows a dividend yield of about 0.54% relative to its recent price (as of Sep 27, 2026).
What is the intrinsic value of DELTON (1989)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For DELTON it is HK$47.92 per share (as of Sep 27, 2026), against a price of HK$119.60. It is the blended result of 16 valuation models (cash flow, earnings, asset, dividend).
Is DELTON stock overvalued or undervalued in 2026?
As of Sep 27, 2026, 1989 trades above its calculated fair value: price HK$119.60, fair value HK$47.92, a gap of about −60% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 1989?
No. The price is what the market pays today (HK$119.60); the fair value is what the company's own numbers justify (HK$47.92). For DELTON the two are HK$71.68 per share apart. That gap is exactly why we show both numbers side by side.
How much is DELTON worth?
The market values DELTON at about HK$57.2B (market capitalisation, as of Sep 27, 2026). Per share that is HK$119.60; our models calculate a fair value of HK$47.92 per share.
What do the bullish and bearish scenarios say about 1989?
Our models span a range for DELTON: cautious scenario HK$35.49, base HK$47.92, optimistic HK$60.34 per share (as of Sep 27, 2026, price HK$119.60). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 1989?
DELTON trades at a price-to-earnings ratio of 67.0 (as of Sep 27, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of HK$47.92 is built from several models across several years. Other multiples: P/B 11.0, P/S 7.8, EV/EBITDA 30.4.
How solid is the balance sheet of DELTON (1989)?
Balance-sheet figures for DELTON (as of Sep 27, 2026): return on equity 22.2%, debt of 0.07 per unit of equity. They feed the Quality Score of 59/100, which measures business quality independently of the share price.
Which stocks are comparable to DELTON?
From the same area (Technology) we also value Amphenol Corporation, Delta Electronics, Inc, Corning Incorporated, Samsung Electro-Mechanics Co, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is DELTON stock attractive at the current price?
The data as of Sep 27, 2026: price HK$119.60, calculated fair value HK$47.92 (−60%), Quality Score 59/100, from 16 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 1989 calculated?
We run DELTON through 16 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of HK$47.92, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.7 % above its aggregate fair value. DELTON itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of DELTON (1989)?
The closing price on Sep 30, 2026 was HK$119.60. Our model-based fair value is HK$47.92, about −60% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with DELTON right now?
The price sits above even our optimistic bull case (HK$60.34). The favourable scenario is already priced in. Solid but not exceptional quality (59/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of DELTON
How large is the market capitalisation of DELTON (1989)?
The market capitalisation of DELTON is HK$57.2B (≈ $7.3B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of DELTON (1989)?
The price-to-sales ratio of DELTON is 12.4 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of DELTON (1989)?
Earnings per share at DELTON are HK$0.9539 (price ÷ EPS = P/E 67.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of DELTON (1989)?
The dividend yield of DELTON is 0.5% (payout 67.7%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of DELTON (1989)?
The net margin of DELTON is 18.6% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of DELTON (1989)?
The return on equity (ROE) of DELTON is 22.2% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of DELTON (1989)?
On an EBIT basis the return on assets of DELTON is 9.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of DELTON (1989)?
The operating margin of DELTON is 26.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at DELTON (1989)?
Revenue at DELTON is growing +71.4% versus a year earlier (3y avg +182%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at DELTON (1989)?
Earnings per share at DELTON are growing +70.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does DELTON (1989) generate?
The free cash flow of DELTON is −290M CNY (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does DELTON (1989) carry?
The net debt of DELTON is 956M CNY (fiscal year 2026). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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