Delfi (SGX:P34) Aims to Improve Its Financial Performance

Written by Emily J. Thompson, Senior Investment Analyst

Source: Yahoo Finance

Updated: Nov 18 2025

0mins

Source: Yahoo Finance

Delfi's Financial Performance: Delfi has a return on capital employed (ROCE) of 13%, which is in line with the industry average, but has declined from 17% over the past five years, indicating potential issues with capital efficiency.
Concerns About Future Growth: The combination of declining ROCE and stagnant capital employed suggests that Delfi may be a mature business facing challenges such as increased competition or reduced margins, making it less likely to generate significant returns in the future.
Stock Performance vs. Fundamentals: Despite the concerning fundamentals, Delfi's stock has performed well, yielding a 50% return over the last five years, reflecting investor optimism that may not align with the company's financial health.
Investment Caution Advised: Given the declining trends in ROCE and capital efficiency, the article advises caution for potential investors, suggesting they steer clear of Delfi for the time being.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.