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DELTA (DELTA) Fair Value & Analysis

Industrials · Market cap 4.5T THB

D DELTA DELTA · BK
Price317.00 THB
Fair Value36.88 THB
Upside-88.4%
Quality68/100
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Evidence: High Range 20.67 THB – 46.47 THB

Fair value as of: Jun 24, 2026

From 26 valuation models · updated 8 days ago

Fair value updated Jun 24, 2026 — revised from 34.23 THB to 36.88 THB (+7.7%) since Jun 23, 2026. Share price −12.1% over the past month.

Price vs Fair Value (12 months)

369.83 THB 97.32 THB Fair Value 36.88 THB Jun 2025 Jul 2026

12‑month range 97.32 THB – 369.83 THB · fair‑value band 20.67 THB – 46.47 THB · the 317.00 THB price screens above the 36.88 THB fair value. As of Jun 24, 2026.

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Analysis

DELTA (DELTA) currently trades at 317.00 THB, while our model-based Fair Value estimate is 36.88 THB — implying the stock looks roughly 88.4% overvalued today. We read business quality at 68/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, DELTA generated revenue of 217B THB at a net margin of 13.1%. Revenue grew 44.2% year over year. It earns a return on equity of 29.6%. The balance sheet holds a net cash position of 18.7B THB. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 217B THB
Revenue growth (YoY) +44.2%
Net margin 13.1%
Return on equity 29.6%
Free cash flow 12.3B THB FY2025
P/E ratio 161.1
More key figures
Operating margin 16.1%
EPS (TTM) 2.26 THB
Dividend yield 0.2%
EPS growth (YoY) +65.9%
Net cash 18.7B THB FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

DELTA reported revenue of 198B THB in FY2025 versus 84.3B THB in FY2021, a compound +23.8%/yr. Reported net income was 24.8B THB in FY2025, compounding +38.7%/yr from FY2021.

Revenue +23.8%/yr
FY21 84.3B THB
FY22 119B THB
FY23 146B THB
FY24 165B THB
FY25 198B THB
Net income +38.7%/yr
FY21 6.7B THB
FY22 15.3B THB
FY23 18.4B THB
FY24 18.9B THB
FY25 24.8B THB

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Frequently asked questions

Is DELTA (DELTA) undervalued?
As of Jun 24, 2026, our model estimates a fair value of 36.88 THB versus a price of 317.00 THB — about −88% (overvalued). Model-based estimate, not financial advice.
What is the fair value of DELTA?
Our model-based fair value for DELTA is 36.88 THB (as of Jun 24, 2026), built from audited fundamentals. The current price is 317.00 THB.
What is the quality score of DELTA?
DELTA has a Quality Score of 68/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of DELTA (DELTA)?
DELTA reported trailing-twelve-month revenue of about 217B THB (latest available figure, as of Jun 24, 2026).
What is the net profit margin of DELTA?
The net profit margin of DELTA is about 13.1%, meaning it keeps roughly 13.1% of revenue as net income. Based on the latest reported figures.
Does DELTA pay a dividend?
DELTA currently shows a dividend yield of about 0.18% relative to its recent price (as of Jun 24, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.