KCE Electronics PCL (BKK:KCE-R) Interest Coverage: 24.73 (As of Mar. 2026) — 19% Above Median


BKK:KCE-R KCE Electronics PCL BKK:KCE-R
74 GF Score
Price ฿24.00
GF Value ฿18.07
! 10 Warning Signs
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What is KCE Electronics PCL Interest Coverage?

KCE Electronics PCL BKK:KCE-R 74 Interest Coverage is 24.73 as of Mar. 2026, which is 19% above its 10-year median of 20.75. GuruFocus rates BKK:KCE-R with a GF Score™ of 74/100 and a GF Value™ of ฿18.07. The stock has 10 warning signs investors should review. Among 1,673 Hardware companies, KCE Electronics PCL ranks better than 61.51% 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. KCE Electronics PCL's Operating Income for the three months ended in Mar. 2026 was ฿288 Mil. KCE Electronics PCL's Interest Expense for the three months ended in Mar. 2026 was ฿-12 Mil. KCE Electronics PCL's interest coverage for the quarter that ended in Mar. 2026 was 24.73. The higher the ratio, the stronger the company's financial strength is.

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

BKK:KCE-R' s Interest Coverage Range Over the Past 10 Years
Min: 16.64   Med: 20.75   Max: 61.98
Current: 25.26


BKK:KCE-R's Interest Coverage is ranked better than
61.51% of 1673 companies
in the Hardware industry
Industry Median: 13.73 vs BKK:KCE-R: 25.26

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


KCE Electronics PCL  (BKK:KCE-R) 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 .


KCE Electronics PCL Interest Coverage Related Terms


KCE Electronics PCL Interest Coverage Historical Data

* Premium members only.

The historical data trend for KCE Electronics 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.

KCE Electronics PCL Interest Coverage Chart

KCE Electronics 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 61.98 35.29 18.97 35.38 27.13

KCE Electronics 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 32.80 21.50 34.57 19.62 24.73

BKK:KCE-R vs APH, GLW, TEL: Interest Coverage Comparison

For the Electronic Components subindustry, KCE Electronics 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.


KCE Electronics PCL Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, KCE Electronics PCL's Interest Coverage distribution charts can be found below:

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


BKK:KCE-R
74GF Score
KCE Electronics PCL BKK:KCE-R
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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KCE Electronics 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.

KCE Electronics 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, KCE Electronics PCL's Interest Expense was ฿-36 Mil. Its Operating Income was ฿989 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿415 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*988.924/-36.449
=27.13

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

Here, for the three months ended in Mar. 2026, KCE Electronics PCL's Interest Expense was ฿-12 Mil. Its Operating Income was ฿288 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿355 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*288.171/-11.653
=24.73

* 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 24.73 mean?
KCE Electronics PCL (BKK:KCE-R) has a Interest Coverage of 24.73 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on KCE Electronics PCL and its competitors. This is 19% above median its historical median of 20.75. Over the past decade, KCE Electronics PCL's Interest Coverage has ranged from 16.64 to 61.98. According to the industry distribution chart, KCE Electronics PCL ranks #644 out of 1673 companies in the Hardware industry, placing it in the top 38.5%.
Is KCE Electronics PCL's Interest Coverage too high?
KCE Electronics PCL's current Interest Coverage of 24.73 is 19% above median its 10-year median of 20.75. Over the past 10 years, this metric has ranged from a low of 16.64 to a high of 61.98. The Hardware industry median Interest Coverage is 13.73. KCE Electronics PCL's value of 24.73 is 80.1% above this industry median. Based on the distribution chart, KCE Electronics PCL ranks #644 out of 1673 companies in the Hardware industry, which is above the industry midpoint. Overall, KCE Electronics PCL has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does KCE Electronics PCL's Interest Coverage compare to APH and GLW?
According to the Hardware industry distribution chart, KCE Electronics PCL ranks #644 out of 1673 companies for Interest Coverage. This puts KCE Electronics PCL in the upper half of its industry. The industry median Interest Coverage is 13.73. KCE Electronics PCL's value of 24.73 is 80.1% above this benchmark. Historically, KCE Electronics PCL's own Interest Coverage has ranged from 16.64 to 61.98 over the past decade. While the company's 10-year median is 20.75 vs. the industry median of 13.73, KCE Electronics 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 a Hardware company?
The median Interest Coverage among Hardware companies is 13.73, based on 1,673 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. KCE Electronics PCL's current Interest Coverage of 24.73 is 80.1% 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 KCE Electronics PCL and its competitors. For the Hardware industry, the median Interest Coverage is 13.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KCE Electronics PCL's current Interest Coverage is 24.73, which is 19% above median its own 10-year median of 20.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KCE Electronics PCL stock overvalued right now?
KCE Electronics PCL (BKK:KCE-R) has a current Interest Coverage of 24.73. The stock's GF Value™ is ฿18.07, compared to a current price of ฿24.00 — trading 32.8% above its estimated fair value. The current Interest Coverage is 24.73, which is 19% above median its 10-year median of 20.75 and 80.1% above the Hardware industry median of 13.73. KCE Electronics PCL's overall GF Score™ is 74/100 with 10 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 KCE Electronics PCL (BKK:KCE-R), the current Interest Coverage is 24.73 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 KCE Electronics PCL (BKK:KCE-R) Overvalued in 2026?

Based on GuruFocus' analysis, KCE Electronics PCL stock appears to be overvalued. The current stock price of ฿24.00 is trading 32.8% above its estimated GF Value™ of ฿18.07.

Key valuation signals for BKK:KCE-R:

  • Interest Coverage: 24.73 (19% above median its 10-year median of 20.75)
  • GF Value™: ฿18.07 vs. price of ฿24.00 (32.8% above fair value)
  • GF Score™: 74/100 with 10 warning signs
  • Industry Position: 80.1% above the Hardware median (#644 of 1673)

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


KCE Electronics PCL Business Description

Address No. 72-72/1-3 Soi Chalongkrung 31, Kwang Lumplatew, Khet Lat Krabang, Bangkok, THA, 10520
KCE Electronics PCL and its subsidiaries manufacture and distribute printed circuit boards. The company is based in Thailand but earns the majority of its revenue internationally. It has three segments: Manufacturing and distributing of Prepreg and Laminate; Manufacturing and distributing of Printed Circuit Board; and Manufacturing and distributing of Chemical. The company manufactures printed circuit boards that are used in a variety of industries, including automotive, computer, industrial, and telecommunications systems. The company also manufactures and distributes chemicals and laminate products. The majority of its revenue is earned in Europe.
74GF Score

Get the complete analysis for BKK:KCE-R

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

฿24.00
Price
฿18.07
GF Value