/
Delixy Holdings Limited is a holding company principally engaged in the wholesale trading of crude oil and oil-based products across Southeast Asia, East Asia, and the Middle East. Its portfolio includes crude oil as a core segment, alongside refined products such as fuel oils, motor gasoline, additives, gas condensate, base oils, asphalt, petrochemicals, and naphtha. Operating through subsidiaries like Delixy Energy Pte. Ltd., the company leverages its strategic location in Singapore, Asia's refined products trading hub, to facilitate back-to-back agreements, hedging via swaps and derivatives, and value-added services including tailored trading strategies, shipping, logistics support, and flexible credit terms up to 90 days. Delixy Holdings Limited maintains strong supplier relationships, robust risk management practices, and internal controls to navigate volatile markets effectively. Led by an experienced management team with deep oil industry expertise, it serves diverse customers by ensuring reliable supply chains and financial flexibility in the energy trading sector. Incorporated in the Cayman Islands and headquartered in Singapore since 2007, Delixy Holdings Limited plays a key role in regional oil markets.
$0.46
$0.01 (-1.92%)
EOD Jul 17, 2026
The business is unprofitable at the operating level (-1.47% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 2.3% YoY. The question is whether this is cyclical or a structural shift.
Free cash flow declined 957% versus the prior year, cash generation momentum has weakened. ROIC dropped from 20.32% to -67.93%, capital efficiency is deteriorating.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$308M
▼ -2.3% YoY
Net Income (TTM)
-$4M
▼ -534.1% YoY
Op. Margin
-1.47%
▼ -1.8pp YoY
ROIC
-67.93%
▼ -88.2pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$5M
▼ -957.2% YoY
Op. Cash Flow (TTM)
-$5M
▼ -456.1% YoY
Net Debt
$2M
Cash & Equiv.
$2M
3Y CAGR: -1.3%
Continue Research
Delixy Holdings (DLXY)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Delixy Holdings scores 11/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full . This is analysis, not investment advice.
Delixy Holdings scores 11 out of 100 on Intrinsiqq's quality score, a weighted blend of 6 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a -1.5% operating margin and a -67.9% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
That depends on valuation and quality together, not either alone. you should weigh DLXY's valuation and scores 11/100 on quality (lower-quality). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.