Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Thachang Green Energy PCLBKK:TGE -2.26%69 Interest Coverage is 12.53 as of Mar. 2026, which is 100% above its 10-year median of 6.28. GuruFocus rates BKK:TGE with a GF Score™ of 69/100 and a GF Value™ of ฿1.77 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 323 Utilities - Independent Power Producers companies, Thachang Green Energy PCL ranks better than 85.14% 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. Thachang Green Energy PCL's
Operating Income
for the
three
months ended in Mar. 2026 was ฿63 Mil. Thachang Green Energy PCL's Interest Expense for the
three
months ended in Mar. 2026 was ฿-5 Mil.
Thachang Green Energy PCL's interest coverage for the quarter that ended in Mar. 2026 was 12.53.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Thachang Green Energy PCL's Interest Coverage or its related term are showing as below:
BKK:TGE'
s Interest Coverage Range Over the Past 10 Years
Min: 4.57 Med: 6.28 Max: 176.41
Current: 11.24
BKK:TGE's Interest Coverage is ranked better than 85.14% of 323
companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.77
vs BKK:TGE: 11.24
Thachang Green Energy PCL (BKK:TGE) 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 .
Thachang Green Energy PCL Interest Coverage Related Terms
Thachang Green Energy PCL Interest Coverage Historical Data
* 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.
Thachang Green Energy PCL Interest Coverage Competitor Comparison
For the Utilities - Renewable subindustry, Thachang Green Energy 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.
Thachang Green Energy PCL Interest Coverage vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Thachang Green Energy PCL's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Thachang Green Energy PCL's Interest Coverage falls into.
Thachang Green Energy 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:
* 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.
Thachang Green Energy PCL (BKK:TGE) has a Interest Coverage of 12.53 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Thachang Green Energy PCL and its competitors. This is 100% above median its historical median of 6.28. Over the past decade, Thachang Green Energy PCL's Interest Coverage has ranged from 4.57 to 176.41. According to the industry distribution chart, Thachang Green Energy PCL ranks #48 out of 323 companies in the Utilities - Independent Power Producers industry, placing it in the top 14.9%.
Is Thachang Green Energy PCL's Interest Coverage too high?
Thachang Green Energy PCL's current Interest Coverage of 12.53 is 100% above median its 10-year median of 6.28. Over the past 10 years, this metric has ranged from a low of 4.57 to a high of 176.41. The Utilities - Independent Power Producers industry median Interest Coverage is 2.77. Thachang Green Energy PCL's value of 12.53 is 352.3% above this industry median. Based on the distribution chart, Thachang Green Energy PCL ranks #48 out of 323 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Thachang Green Energy PCL has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thachang Green Energy PCL's Interest Coverage compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Thachang Green Energy PCL ranks #48 out of 323 companies for Interest Coverage. This places Thachang Green Energy PCL in the top 15% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 2.77. Thachang Green Energy PCL's value of 12.53 is 352.3% above this benchmark. Historically, Thachang Green Energy PCL's own Interest Coverage has ranged from 4.57 to 176.41 over the past decade. While the company's 10-year median is 6.28 vs. the industry median of 2.77, Thachang Green Energy 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 Utilities - Independent Power Producers company?
The median Interest Coverage among Utilities - Independent Power Producers companies is 2.77, based on 323 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. Thachang Green Energy PCL's current Interest Coverage of 12.53 is 352.3% 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 Thachang Green Energy PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Interest Coverage is 2.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thachang Green Energy PCL's current Interest Coverage is 12.53, which is 100% above median its own 10-year median of 6.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thachang Green Energy PCL stock overvalued right now?
Based on GuruFocus' analysis, Thachang Green Energy PCL (BKK:TGE) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.77, compared to a current price of ฿1.30 — trading 26.6% below its estimated fair value. The current Interest Coverage is 12.53, which is 100% above median its 10-year median of 6.28 and 352.3% above the Utilities - Independent Power Producers industry median of 2.77. Thachang Green Energy PCL's overall GF Score™ is 69/100 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 Thachang Green Energy PCL (BKK:TGE), the current Interest Coverage is 12.53 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 Thachang Green Energy PCL (BKK:TGE) Overvalued in 2026?
Based on GuruFocus' analysis, Thachang Green Energy PCL stock appears to be undervalued.
The current stock price of ฿1.30 is trading 26.6% below its estimated GF Value™ of ฿1.77.
GuruFocus considers Thachang Green Energy PCL to be Modestly Undervalued.
Key valuation signals for BKK:TGE:
Interest Coverage: 12.53 (100% above median its 10-year median of 6.28)
GF Value™: ฿1.77 vs. price of ฿1.30 (26.6% below fair value)
Industry Position: 352.3% above the Utilities - Independent Power Producers median (#48 of 323)
No single metric tells the full story. See the BKK:TGE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thachang Green Energy PCL is engaged in generating and supplying electricity and steam from biomass. The group has two segments, which are comprised of the biomass power plant business and waste power plant business. The company derives the majority of its revenue from the Biomass Power plant segment.
69GF Score
Get the complete analysis for BKK:TGE
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:TGE has been successfully added to your 
