TCM PCL (BKK:TCMC) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


BKK:TCMC TCM Corp PCL BKK:TCMC
29 GF Score
Price ฿0.31
GF Value ฿0.45
Valuation Possible Value Trap
! 6 Warning Signs
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What is TCM PCL Interest Coverage?

TCM PCL BKK:TCMC -6.06% 29 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates BKK:TCMC with a GF Score™ of 29/100 and a GF Value™ of ฿0.45 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 733 Manufacturing - Apparel & Accessories companies, TCM PCL ranks worse than 98.64% 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. TCM PCL's Operating Income for the three months ended in Mar. 2026 was ฿-62 Mil. TCM PCL's Interest Expense for the three months ended in Mar. 2026 was ฿-39 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. TCM Corp PCLs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

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

BKK:TCMC' s Interest Coverage Range Over the Past 10 Years
Min: 0.17   Med: 1.8   Max: 6.94
Current: 0.17


BKK:TCMC's Interest Coverage is ranked worse than
98.64% of 733 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.45 vs BKK:TCMC: 0.17

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


TCM PCL  (BKK:TCMC) 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 .


TCM PCL Interest Coverage Related Terms


TCM PCL Interest Coverage Historical Data

* Premium members only.

The historical data trend for TCM 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.

TCM PCL Interest Coverage Chart

TCM 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 0.00 1.86 1.35 0.00 0.34

TCM 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 0.00 0.00 0.21 1.78 0.00

BKK:TCMC vs AIN: Interest Coverage Comparison

For the Textile Manufacturing subindustry, TCM 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.


TCM PCL Interest Coverage vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, TCM PCL's Interest Coverage distribution charts can be found below:

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


BKK:TCMC
29GF Score
TCM Corp PCL BKK:TCMC
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TCM 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.

TCM 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, TCM PCL's Interest Expense was ฿-200 Mil. Its Operating Income was ฿68 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿2,338 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*67.749/-200.432
=0.34

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

Here, for the three months ended in Mar. 2026, TCM PCL's Interest Expense was ฿-39 Mil. Its Operating Income was ฿-62 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿2,743 Mil.

TCM PCL did not have earnings to cover the interest expense.

* 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 0 (At Loss) mean?
TCM PCL (BKK:TCMC) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on TCM PCL and its competitors. Over the past decade, TCM PCL's Interest Coverage has ranged from 0.17 to 6.94. According to the industry distribution chart, TCM PCL ranks #723 out of 733 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 98.6%.
Is TCM PCL's Interest Coverage too high?
TCM PCL's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 6.94. Based on the distribution chart, TCM PCL ranks #723 out of 733 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, TCM PCL has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TCM PCL's Interest Coverage compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, TCM PCL ranks #723 out of 733 companies for Interest Coverage. This places TCM PCL in the lower half of its industry. The industry median Interest Coverage is 5.45. Historically, TCM PCL's own Interest Coverage has ranged from 0.17 to 6.94 over the past decade. 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 Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.45, based on 733 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. 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 TCM PCL and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TCM PCL's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCM PCL stock overvalued right now?
Based on GuruFocus' analysis, TCM PCL (BKK:TCMC) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.45, compared to a current price of ฿0.31 — trading 31.1% below its estimated fair value. The current Interest Coverage is 0 (At Loss). TCM PCL's overall GF Score™ is 29/100 with 6 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 TCM PCL (BKK:TCMC), the current Interest Coverage is 0 (At Loss) 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 TCM PCL (BKK:TCMC) Overvalued in 2026?

Based on GuruFocus' analysis, TCM PCL stock appears to be undervalued. The current stock price of ฿0.31 is trading 31.1% below its estimated GF Value™ of ฿0.45. GuruFocus considers TCM PCL to be Possible Value Trap.

Key valuation signals for BKK:TCMC:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: ฿0.45 vs. price of ฿0.31 (31.1% below fair value)
  • GF Score™: 29/100 with 6 warning signs

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


TCM PCL Business Description

Address 2054 New Petchaburi Road, Bangkapi, Huaykwang, Bangkok, THA, 10310
TCM Corp PCL is a Thailand-based manufacturer, distributor, and seller of various types of rugs and carpets. The company operates through three segments, The Surface segment includes hand-woven and machine-woven carpet for indoor decoration including the flooring materials; the Living segment consisting sofa chairs for interior decoration, and the Automotive segment comprises carpet for the floors inside vehicles, vehicles upholstery fabrics. The company derives maximum revenue from the Surface Segment. It has a business presence in Thailand, United Kingdom, and other countries.
29GF Score

Get the complete analysis for BKK:TCMC

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

฿0.31
Price
฿0.45
GF Value