Modbus value_delta

[alb-smith]

We believe we have a problem related to the "value_delta" parameter when reading modbus registers.
Is this coefficient evaluated after the multiplication factor?
For example, if I read a power value in W and convert it to kW with a "value_multiplier" of 0.001, is the default/minimum factor 0.2 applied to the kW value? In this case the minimum value of 0.2 may be too large.

Thanks