ASEFA PCL (BKK:ASEFA) Interest Coverage: 21.93 (As of Mar. 2026) — 58% Below Median


BKK:ASEFA ASEFA PCL BKK:ASEFA
68 GF Score
Price ฿5.75
GF Value ฿4.45
Valuation Modestly Overvalued
! 8 Warning Signs
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What is ASEFA PCL Interest Coverage?

ASEFA PCL BKK:ASEFA -0.86% 68 Interest Coverage is 21.93 as of Mar. 2026, which is 58% below its 10-year median of 52.76. GuruFocus rates BKK:ASEFA with a GF Score™ of 68/100 and a GF Value™ of ฿4.45 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 2,325 Industrial Products companies, ASEFA PCL ranks worse than 51.66% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. ASEFA PCL's Operating Income for the three months ended in Mar. 2026 was ฿150 Mil. ASEFA PCL's Interest Expense for the three months ended in Mar. 2026 was ฿-7 Mil. ASEFA PCL's interest coverage for the quarter that ended in Mar. 2026 was 21.93. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for ASEFA PCL's Interest Coverage or its related term are showing as below:

BKK:ASEFA' s Interest Coverage Range Over the Past 10 Years
Min: 4.66   Med: 52.76   Max: 1245.14
Current: 13.56


BKK:ASEFA's Interest Coverage is ranked worse than
51.66% of 2325 companies
in the Industrial Products industry
Industry Median: 14.8 vs BKK:ASEFA: 13.56

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


ASEFA PCL  (BKK:ASEFA) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


ASEFA PCL Interest Coverage Related Terms


ASEFA PCL Interest Coverage Historical Data

* Premium members only.

The historical data trend for ASEFA PCL's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

ASEFA PCL Interest Coverage Chart

ASEFA PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 204.09 42.00 15.15 4.66 11.75

ASEFA PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.40 6.34 11.81 12.87 21.93

BKK:ASEFA vs VRT, BE: Interest Coverage Comparison

For the Electrical Equipment & Parts subindustry, ASEFA PCL's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ASEFA PCL Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, ASEFA PCL's Interest Coverage distribution charts can be found below:

* The bar in red indicates where ASEFA PCL's Interest Coverage falls into.


BKK:ASEFA
68GF Score
ASEFA PCL BKK:ASEFA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ASEFA PCL Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

ASEFA PCL's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, ASEFA PCL's Interest Expense was ฿-26 Mil. Its Operating Income was ฿300 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿148 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*300.288/-25.555
=11.75

ASEFA PCL's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, ASEFA PCL's Interest Expense was ฿-7 Mil. Its Operating Income was ฿150 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿267 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*150.033/-6.84
=21.93

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 21.93 mean?
ASEFA PCL (BKK:ASEFA) has a Interest Coverage of 21.93 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on ASEFA PCL and its competitors. This is 58% below median its historical median of 52.76. Over the past decade, ASEFA PCL's Interest Coverage has ranged from 4.66 to 1,245.14. According to the industry distribution chart, ASEFA PCL ranks #1201 out of 2325 companies in the Industrial Products industry, placing it in the top 51.7%.
Is ASEFA PCL's Interest Coverage too high?
ASEFA PCL's current Interest Coverage of 21.93 is 58% below median its 10-year median of 52.76. Over the past 10 years, this metric has ranged from a low of 4.66 to a high of 1,245.14. The Industrial Products industry median Interest Coverage is 14.80. ASEFA PCL's value of 21.93 is 48.2% above this industry median. Based on the distribution chart, ASEFA PCL ranks #1201 out of 2325 companies in the Industrial Products industry, which is below the industry midpoint. Overall, ASEFA PCL has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASEFA PCL's Interest Coverage compare to VRT and BE?
According to the Industrial Products industry distribution chart, ASEFA PCL ranks #1201 out of 2325 companies for Interest Coverage. This places ASEFA PCL in the lower half of its industry. The industry median Interest Coverage is 14.80. ASEFA PCL's value of 21.93 is 48.2% above this benchmark. Historically, ASEFA PCL's own Interest Coverage has ranged from 4.66 to 1,245.14 over the past decade. While the company's 10-year median is 52.76 vs. the industry median of 14.80, ASEFA PCL has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.80, based on 2,325 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ASEFA PCL's current Interest Coverage of 21.93 is 48.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on ASEFA PCL and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASEFA PCL's current Interest Coverage is 21.93, which is 58% below median its own 10-year median of 52.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASEFA PCL stock overvalued right now?
Based on GuruFocus' analysis, ASEFA PCL (BKK:ASEFA) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿4.45, compared to a current price of ฿5.75 — trading 29.2% above its estimated fair value. The current Interest Coverage is 21.93, which is 58% below median its 10-year median of 52.76 and 48.2% above the Industrial Products industry median of 14.80. ASEFA PCL's overall GF Score™ is 68/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For ASEFA PCL (BKK:ASEFA), the current Interest Coverage is 21.93 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ASEFA PCL (BKK:ASEFA) Overvalued in 2026?

Based on GuruFocus' analysis, ASEFA PCL stock appears to be overvalued. The current stock price of ฿5.75 is trading 29.2% above its estimated GF Value™ of ฿4.45. GuruFocus considers ASEFA PCL to be Modestly Overvalued.

Key valuation signals for BKK:ASEFA:

  • Interest Coverage: 21.93 (58% below median its 10-year median of 52.76)
  • GF Value™: ฿4.45 vs. price of ฿5.75 (29.2% above fair value)
  • GF Score™: 68/100 with 8 warning signs
  • Industry Position: 48.2% above the Industrial Products median (#1201 of 2325)

No single metric tells the full story. See the BKK:ASEFA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ASEFA PCL Business Description

Address No.5 Moo 1 Rama 2 Road, Khokkrabue Subdistrict, Muang Samut Sakhon District, Samutsakhon, THA, 74000
ASEFA PCL is a Thailand-based company. It is involved in the manufacturing and distribution of electrical power distribution, switchboard and trunking systems including procuring, distributing and integrated engineering services for electrical power distribution. It operates its business through segments that are Manufacturing, Trading, Services and maintenance and installation and Decommissioning of the Power Plant. The Manufacturing segment generates maximum revenue for the company.
68GF Score

Get the complete analysis for BKK:ASEFA

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿5.75
Price
฿4.45
GF Value