Thai Mui PCL (BKK:THMUI) Interest Coverage: 0.57 (As of Mar. 2026) — 75% Below Median


BKK:THMUI Thai Mui Corp PCL BKK:THMUI
53 GF Score
Price ฿0.31
GF Value ฿0.63
Valuation Possible Value Trap
! 2 Warning Signs
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What is Thai Mui PCL Interest Coverage?

Thai Mui PCL BKK:THMUI 53 Interest Coverage is 0.57 as of Mar. 2026, which is 75% below its 10-year median of 2.27. GuruFocus rates BKK:THMUI with a GF Score™ of 53/100 and a GF Value™ of ฿0.63 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 133 Industrial Distribution companies, Thai Mui PCL ranks worse than 75.94% 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 Mui PCL's Operating Income for the three months ended in Mar. 2026 was ฿1.5 Mil. Thai Mui PCL's Interest Expense for the three months ended in Mar. 2026 was ฿-2.6 Mil. Thai Mui PCL's interest coverage for the quarter that ended in Mar. 2026 was 0.57. The higher the ratio, the stronger the company's financial strength is.

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

BKK:THMUI' s Interest Coverage Range Over the Past 10 Years
Min: 0.16   Med: 2.27   Max: 34.73
Current: 2.46


BKK:THMUI's Interest Coverage is ranked worse than
75.94% of 133 companies
in the Industrial Distribution industry
Industry Median: 6.22 vs BKK:THMUI: 2.46

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 Mui PCL  (BKK:THMUI) 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 Mui PCL Interest Coverage Related Terms


Thai Mui PCL Interest Coverage Historical Data

* Premium members only.

The historical data trend for Thai Mui 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 Mui PCL Interest Coverage Chart

Thai Mui 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 0.68 0.16 1.00 0.00 2.27

Thai Mui 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 0.06 0.79 2.18 6.23 0.57

BKK:THMUI vs GWW, FAST, FERG: Interest Coverage Comparison

For the Industrial Distribution subindustry, Thai Mui 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 Mui PCL Interest Coverage vs Industrial Distribution Industry

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

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


BKK:THMUI
53GF Score
Thai Mui Corp PCL BKK:THMUI
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Mui 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 Mui 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 Mui PCL's Interest Expense was ฿-11.2 Mil. Its Operating Income was ฿25.4 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿38.5 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*25.415/-11.18
=2.27

Thai Mui 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 Mui PCL's Interest Expense was ฿-2.6 Mil. Its Operating Income was ฿1.5 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿36.4 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1.456/-2.559
=0.57

* 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 0.57 mean?
Thai Mui PCL (BKK:THMUI) has a Interest Coverage of 0.57 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Thai Mui PCL and its competitors. This is 75% below median its historical median of 2.27. Over the past decade, Thai Mui PCL's Interest Coverage has ranged from 0.16 to 34.73. According to the industry distribution chart, Thai Mui PCL ranks #101 out of 133 companies in the Industrial Distribution industry, placing it in the top 75.9%.
Is Thai Mui PCL's Interest Coverage too high?
Thai Mui PCL's current Interest Coverage of 0.57 is 75% below median its 10-year median of 2.27. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 34.73. The Industrial Distribution industry median Interest Coverage is 6.22. Thai Mui PCL's value of 0.57 is 90.8% below this industry median. Based on the distribution chart, Thai Mui PCL ranks #101 out of 133 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers. Overall, Thai Mui PCL has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thai Mui PCL's Interest Coverage compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Thai Mui PCL ranks #101 out of 133 companies for Interest Coverage. This places Thai Mui PCL in the lower half of its industry. The industry median Interest Coverage is 6.22. Thai Mui PCL's value of 0.57 is 90.8% below this benchmark. Historically, Thai Mui PCL's own Interest Coverage has ranged from 0.16 to 34.73 over the past decade. While the company's 10-year median is 2.27 vs. the industry median of 6.22, Thai Mui PCL has consistently been below 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 Distribution company?
The median Interest Coverage among Industrial Distribution companies is 6.22, based on 133 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 Mui PCL's current Interest Coverage of 0.57 is 90.8% below 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 Mui PCL and its competitors. For the Industrial Distribution industry, the median Interest Coverage is 6.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Mui PCL's current Interest Coverage is 0.57, which is 75% below median its own 10-year median of 2.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Mui PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Mui PCL (BKK:THMUI) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.63, compared to a current price of ฿0.31 — trading 50.8% below its estimated fair value. The current Interest Coverage is 0.57, which is 75% below median its 10-year median of 2.27 and 90.8% below the Industrial Distribution industry median of 6.22. Thai Mui PCL's overall GF Score™ is 53/100 with 2 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 Mui PCL (BKK:THMUI), the current Interest Coverage is 0.57 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 Mui PCL (BKK:THMUI) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Mui PCL stock appears to be undervalued. The current stock price of ฿0.31 is trading 50.8% below its estimated GF Value™ of ฿0.63. GuruFocus considers Thai Mui PCL to be Possible Value Trap.

Key valuation signals for BKK:THMUI:

  • Interest Coverage: 0.57 (75% below median its 10-year median of 2.27)
  • GF Value™: ฿0.63 vs. price of ฿0.31 (50.8% below fair value)
  • GF Score™: 53/100 with 2 warning signs
  • Industry Position: 90.8% below the Industrial Distribution median (#101 of 133)

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


Thai Mui PCL Business Description

Address 759 Chareonkrung Road, Taladnoi, Sumphantawong, Krung Thep Maha Nakhon, Bangkok, THA, 10100
Thai Mui Corp PCL is engaged in the retail and wholesale of ironware, wire rope, saw, and pipe, and provides loop wire rope and equipment installation and inspection, plumbing contractor project, and construction of a water quality improvement business for shrimp farm. Its products include Wire rope, Skate, Soft sling, Hook, etc. The company's segments are Sales and service and Project work. The key revenue is derived from the sale of wire rope and lifting equipment, including replacement and installation, and providing technical inspection, testing, and analysis equipment activity. The group operates in Thailand.
53GF Score

Get the complete analysis for BKK:THMUI

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

฿0.31
Price
฿0.63
GF Value