Thai Union Feedmill PCL (BKK:TFM) Interest Coverage: 32.93 (As of Mar. 2026) — 13% Below Median


BKK:TFM Thai Union Feedmill PCL BKK:TFM
80 GF Score
Price ฿6.55
GF Value ฿609.00
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Thai Union Feedmill PCL Interest Coverage?

Thai Union Feedmill PCL BKK:TFM +1.55% 80 Interest Coverage is 32.93 as of Mar. 2026, which is 13% below its 10-year median of 38.04. GuruFocus rates BKK:TFM with a GF Score™ of 80/100 and a GF Value™ of ฿609.00 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,505 Consumer Packaged Goods companies, Thai Union Feedmill PCL ranks better than 76.48% 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. Thai Union Feedmill PCL's Operating Income for the three months ended in Mar. 2026 was ฿149 Mil. Thai Union Feedmill PCL's Interest Expense for the three months ended in Mar. 2026 was ฿-5 Mil. Thai Union Feedmill PCL's interest coverage for the quarter that ended in Mar. 2026 was 32.93. The higher the ratio, the stronger the company's financial strength is.

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

BKK:TFM' s Interest Coverage Range Over the Past 10 Years
Min: 1.06   Med: 38.04   Max: 132.92
Current: 44.82


BKK:TFM's Interest Coverage is ranked better than
76.48% of 1505 companies
in the Consumer Packaged Goods industry
Industry Median: 8.6 vs BKK:TFM: 44.82

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


Thai Union Feedmill PCL  (BKK:TFM) 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 .


Thai Union Feedmill PCL Interest Coverage Related Terms


Thai Union Feedmill PCL Interest Coverage Historical Data

* Premium members only.

The historical data trend for Thai Union Feedmill 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.

Thai Union Feedmill PCL Interest Coverage Chart

Thai Union Feedmill PCL Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 17.37 1.06 2.45 33.58 44.76

Thai Union Feedmill 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 32.94 49.96 57.49 40.31 32.93

BKK:TFM vs ADM, BG, TSN: Interest Coverage Comparison

For the Farm Products subindustry, Thai Union Feedmill 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.


Thai Union Feedmill PCL Interest Coverage vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Union Feedmill PCL's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Thai Union Feedmill PCL's Interest Coverage falls into.


BKK:TFM
80GF Score
Thai Union Feedmill PCL BKK:TFM
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Union Feedmill 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.

Thai Union Feedmill 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, Thai Union Feedmill PCL's Interest Expense was ฿-17 Mil. Its Operating Income was ฿769 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿23 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*768.723/-17.174
=44.76

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

Here, for the three months ended in Mar. 2026, Thai Union Feedmill PCL's Interest Expense was ฿-5 Mil. Its Operating Income was ฿149 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿18 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*148.825/-4.519
=32.93

* 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 32.93 mean?
Thai Union Feedmill PCL (BKK:TFM) has a Interest Coverage of 32.93 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Thai Union Feedmill PCL and its competitors. This is 13% below median its historical median of 38.04. Over the past decade, Thai Union Feedmill PCL's Interest Coverage has ranged from 1.06 to 132.92. According to the industry distribution chart, Thai Union Feedmill PCL ranks #354 out of 1505 companies in the Consumer Packaged Goods industry, placing it in the top 23.5%.
Is Thai Union Feedmill PCL's Interest Coverage too high?
Thai Union Feedmill PCL's current Interest Coverage of 32.93 is 13% below median its 10-year median of 38.04. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 132.92. The Consumer Packaged Goods industry median Interest Coverage is 8.60. Thai Union Feedmill PCL's value of 32.93 is 282.9% above this industry median. Based on the distribution chart, Thai Union Feedmill PCL ranks #354 out of 1505 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Thai Union Feedmill PCL has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Union Feedmill PCL's Interest Coverage compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Thai Union Feedmill PCL ranks #354 out of 1505 companies for Interest Coverage. This places Thai Union Feedmill PCL in the top 24% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 8.60. Thai Union Feedmill PCL's value of 32.93 is 282.9% above this benchmark. Historically, Thai Union Feedmill PCL's own Interest Coverage has ranged from 1.06 to 132.92 over the past decade. While the company's 10-year median is 38.04 vs. the industry median of 8.60, Thai Union Feedmill 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 Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.60, based on 1,505 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. Thai Union Feedmill PCL's current Interest Coverage of 32.93 is 282.9% 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 Thai Union Feedmill PCL and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Union Feedmill PCL's current Interest Coverage is 32.93, which is 13% below median its own 10-year median of 38.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Union Feedmill PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Union Feedmill PCL (BKK:TFM) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿609.00, compared to a current price of ฿6.55 — trading 98.9% below its estimated fair value. The current Interest Coverage is 32.93, which is 13% below median its 10-year median of 38.04 and 282.9% above the Consumer Packaged Goods industry median of 8.60. Thai Union Feedmill PCL's overall GF Score™ is 80/100 with 5 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 Thai Union Feedmill PCL (BKK:TFM), the current Interest Coverage is 32.93 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 Thai Union Feedmill PCL (BKK:TFM) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Union Feedmill PCL stock appears to be undervalued. The current stock price of ฿6.55 is trading 98.9% below its estimated GF Value™ of ฿609.00. GuruFocus considers Thai Union Feedmill PCL to be Significantly Undervalued.

Key valuation signals for BKK:TFM:

  • Interest Coverage: 32.93 (13% below median its 10-year median of 38.04)
  • GF Value™: ฿609.00 vs. price of ฿6.55 (98.9% below fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 282.9% above the Consumer Packaged Goods median (#354 of 1505)

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


Thai Union Feedmill PCL Business Description

Address 89/1 Moo 2, Rama 2 Road, Kalong Subdistrict, Mueang District, Samut Sakhon Province, Samut Sakhon, THA, 74000
Thai Union Feedmill PCL is a manufacturer and distributor of aquatic feed in Thailand. Business is organised into four reportable segments; Shrimp feed products; Fish feed products; Livestock feed products and Others. The firm generates the majority of its revenue from Shrimp feed products. Geographically the company generates revenue from Thailand, Sri Lanka, Pakistan, Indonesia, and others, with the majority of revenue generated from Thailand.
80GF Score

Get the complete analysis for BKK:TFM

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

฿6.55
Price
฿609.00
GF Value