Techno Medical PCL (BKK:TM-R) Interest Coverage: 5.41 (As of Mar. 2026) — Near Median


BKK:TM-R Techno Medical PCL BKK:TM-R
74 GF Score
Price ฿2.32
GF Value ฿3.03
! 6 Warning Signs
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What is Techno Medical PCL Interest Coverage?

Techno Medical PCL BKK:TM-R 74 Interest Coverage is 5.41 as of Mar. 2026, which is 7% below its 10-year median of 5.82. GuruFocus rates BKK:TM-R with a GF Score™ of 74/100 and a GF Value™ of ฿3.03. The stock has 6 warning signs investors should review. Among 91 Medical Distribution companies, Techno Medical PCL ranks worse than 68.13% 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. Techno Medical PCL's Operating Income for the three months ended in Mar. 2026 was ฿14.0 Mil. Techno Medical PCL's Interest Expense for the three months ended in Mar. 2026 was ฿-2.6 Mil. Techno Medical PCL's interest coverage for the quarter that ended in Mar. 2026 was 5.41. The higher the ratio, the stronger the company's financial strength is.

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

BKK:TM-R' s Interest Coverage Range Over the Past 10 Years
Min: 0.4   Med: 5.82   Max: 12.02
Current: 3.77


BKK:TM-R's Interest Coverage is ranked worse than
68.13% of 91 companies
in the Medical Distribution industry
Industry Median: 6.92 vs BKK:TM-R: 3.77

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


Techno Medical PCL  (BKK:TM-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 .


Techno Medical PCL Interest Coverage Related Terms


Techno Medical PCL Interest Coverage Historical Data

* Premium members only.

The historical data trend for Techno Medical 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.

Techno Medical PCL Interest Coverage Chart

Techno Medical 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 11.01 2.93 0.40 0.00 3.43

Techno Medical 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 3.71 2.75 4.04 3.38 5.41

BKK:TM-R vs MCK, COR, CAH: Interest Coverage Comparison

For the Medical Distribution subindustry, Techno Medical 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.


Techno Medical PCL Interest Coverage vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Techno Medical PCL's Interest Coverage distribution charts can be found below:

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


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

Techno Medical 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, Techno Medical PCL's Interest Expense was ฿-13.3 Mil. Its Operating Income was ฿45.7 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿87.1 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*45.736/-13.324
=3.43

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

Here, for the three months ended in Mar. 2026, Techno Medical PCL's Interest Expense was ฿-2.6 Mil. Its Operating Income was ฿14.0 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿90.4 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*13.989/-2.586
=5.41

* 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 5.41 mean?
Techno Medical PCL (BKK:TM-R) has a Interest Coverage of 5.41 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Techno Medical PCL and its competitors. This is near median its historical median of 5.82. Over the past decade, Techno Medical PCL's Interest Coverage has ranged from 0.40 to 12.02. According to the industry distribution chart, Techno Medical PCL ranks #62 out of 91 companies in the Medical Distribution industry, placing it in the top 68.1%.
Is Techno Medical PCL's Interest Coverage too high?
Techno Medical PCL's current Interest Coverage of 5.41 is near median its 10-year median of 5.82. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 12.02. The Medical Distribution industry median Interest Coverage is 6.92. Techno Medical PCL's value of 5.41 is 21.8% below this industry median. Based on the distribution chart, Techno Medical PCL ranks #62 out of 91 companies in the Medical Distribution industry, which is below the industry midpoint. Overall, Techno Medical PCL has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Techno Medical PCL's Interest Coverage compare to MCK and COR?
According to the Medical Distribution industry distribution chart, Techno Medical PCL ranks #62 out of 91 companies for Interest Coverage. This places Techno Medical PCL in the lower half of its industry. The industry median Interest Coverage is 6.92. Techno Medical PCL's value of 5.41 is 21.8% below this benchmark. Historically, Techno Medical PCL's own Interest Coverage has ranged from 0.40 to 12.02 over the past decade. While the company's 10-year median is 5.82 vs. the industry median of 6.92, Techno Medical 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 a Medical Distribution company?
The median Interest Coverage among Medical Distribution companies is 6.92, based on 91 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. Techno Medical PCL's current Interest Coverage of 5.41 is 21.8% 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 Techno Medical PCL and its competitors. For the Medical Distribution industry, the median Interest Coverage is 6.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techno Medical PCL's current Interest Coverage is 5.41, which is near median its own 10-year median of 5.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techno Medical PCL stock overvalued right now?
Techno Medical PCL (BKK:TM-R) has a current Interest Coverage of 5.41. The stock's GF Value™ is ฿3.03, compared to a current price of ฿2.32 — trading 23.4% below its estimated fair value. The current Interest Coverage is 5.41, which is near median its 10-year median of 5.82 and 21.8% below the Medical Distribution industry median of 6.92. Techno Medical PCL's overall GF Score™ is 74/100 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 Techno Medical PCL (BKK:TM-R), the current Interest Coverage is 5.41 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 Techno Medical PCL (BKK:TM-R) Overvalued in 2026?

Based on GuruFocus' analysis, Techno Medical PCL stock appears to be undervalued. The current stock price of ฿2.32 is trading 23.4% below its estimated GF Value™ of ฿3.03.

Key valuation signals for BKK:TM-R:

  • Interest Coverage: 5.41 (near median its 10-year median of 5.82)
  • GF Value™: ฿3.03 vs. price of ฿2.32 (23.4% below fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 21.8% below the Medical Distribution median (#62 of 91)

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


Techno Medical PCL Business Description

Other Exchanges TM:Thailand
Address 29 Soi Latphrao 92, Phlap Phla sub-district, Wang Thong Lang district, Bangkok, THA, 10310
Techno Medical PCL is a Thailand-based company engaged in the trading business of medical supplies, tools, and equipment. The business activity of the group is import and distribution of operating instruments and disposable supplies, central sterile supply department products, instrument and supply used in laboratory and blood bank, and equipment and tools for heart surgery. Its segments consist of Disposable Equipment and Supplies, Sales of Medical Equipment and Instruments and Services related to Nursing Care. Maximum of revenue is Sales of Disposable Equipment and Supplies.
74GF Score

Get the complete analysis for BKK:TM-R

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

฿2.32
Price
฿3.03
GF Value