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Added to YB: 2025-04-07

Pitch date: 2025-04-03

P34.SI [neutral]

Delfi Limited

+14.45%

current return

Author Info

Asian Century Stocks is a former buy-side investor in Asia that now focuses on researching value stocks in Asia and sharing them in his newsletter. Sign up for the newsletter.

Company Info

Delfi Limited, an investment holding company, manufactures, markets, distributes, and sells chocolate, chocolate confectionery, and consumer products in Indonesia, Philippines, Malaysia, Singapore, and internationally.

Market Cap

SGD 313.5M

Pitch Price

SGD 0.72

Price Target

N/A

Dividend

6.32%

EV/EBITDA

4.95

P/E

9.24

EV/Sales

0.59

Sector

Food Products

Category

dividend

Show full summary:
Portfolio Review March 2025: Key Holdings - Delfi Limited

P34.SI (holding update): Indonesian chocolate maker Delfi trades at 10.6x P/E, 5.7% yield. Cocoa market to surplus in 2024/25, global output +8% YoY, Ivory Coast +11%. Stocks-to-grinding ratio 31.8%, below 35% tight market mark. Weather still hot. Growth expected 2026.

Read full article (1 min)