TMT Steel PCLBKK:TMT +1.20%70 Interest Coverage is 5.64 as of Mar. 2026, which is 42% above its 10-year median of 3.97. GuruFocus rates BKK:TMT with a GF Score™ of 70/100 and a GF Value™ of ฿3.58 (Fairly Valued). The stock has 5 warning signs investors should review. Among 456 Steel companies, TMT Steel PCL ranks worse than 76.54% 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. TMT Steel PCL's
Operating Income
for the
three
months ended in Mar. 2026 was ฿128 Mil. TMT Steel PCL's Interest Expense for the
three
months ended in Mar. 2026 was ฿-23 Mil.
TMT Steel PCL's interest coverage for the quarter that ended in Mar. 2026 was 5.64.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for TMT Steel PCL's Interest Coverage or its related term are showing as below:
BKK:TMT'
s Interest Coverage Range Over the Past 10 Years
Min: 0.24 Med: 3.97 Max: 23.31
Current: 1.88
BKK:TMT's Interest Coverage is ranked worse than 76.54% of 456
companies
in the Steel industry
Industry Median: 4.445
vs BKK:TMT: 1.88
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 .
TMT Steel PCL Interest Coverage Related Terms
TMT Steel PCL Interest Coverage Historical Data
* Premium members only.
The historical data trend for TMT Steel 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.
BKK:TMT vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, TMT Steel 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.
TMT Steel PCL Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, TMT Steel PCL's Interest Coverage distribution charts can be found below:
* The bar in red indicates where TMT Steel PCL's Interest Coverage falls into.
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.
TMT Steel PCL (BKK:TMT) has a Interest Coverage of 5.64 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on TMT Steel PCL and its competitors. This is 42% above median its historical median of 3.97. Over the past decade, TMT Steel PCL's Interest Coverage has ranged from 0.24 to 23.31. According to the industry distribution chart, TMT Steel PCL ranks #349 out of 456 companies in the Steel industry, placing it in the top 76.5%.
Is TMT Steel PCL's Interest Coverage too high?
TMT Steel PCL's current Interest Coverage of 5.64 is 42% above median its 10-year median of 3.97. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 23.31. The Steel industry median Interest Coverage is 4.45. TMT Steel PCL's value of 5.64 is 26.9% above this industry median. Based on the distribution chart, TMT Steel PCL ranks #349 out of 456 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, TMT Steel PCL has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TMT Steel PCL's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, TMT Steel PCL ranks #349 out of 456 companies for Interest Coverage. This places TMT Steel PCL in the lower half of its industry. The industry median Interest Coverage is 4.45. TMT Steel PCL's value of 5.64 is 26.9% above this benchmark. Historically, TMT Steel PCL's own Interest Coverage has ranged from 0.24 to 23.31 over the past decade. While the company's 10-year median is 3.97 vs. the industry median of 4.45, TMT Steel 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 Steel company?
The median Interest Coverage among Steel companies is 4.45, based on 456 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. TMT Steel PCL's current Interest Coverage of 5.64 is 26.9% 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 TMT Steel PCL and its competitors. For the Steel industry, the median Interest Coverage is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TMT Steel PCL's current Interest Coverage is 5.64, which is 42% above median its own 10-year median of 3.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TMT Steel PCL stock overvalued right now?
Based on GuruFocus' analysis, TMT Steel PCL (BKK:TMT) is currently considered Fairly Valued. The stock's GF Value™ is ฿3.58, compared to a current price of ฿3.38 — trading 5.6% below its estimated fair value. The current Interest Coverage is 5.64, which is 42% above median its 10-year median of 3.97 and 26.9% above the Steel industry median of 4.45. TMT Steel PCL's overall GF Score™ is 70/100 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 TMT Steel PCL (BKK:TMT), the current Interest Coverage is 5.64 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 TMT Steel PCL (BKK:TMT) Overvalued in 2026?
Based on GuruFocus' analysis, TMT Steel PCL stock appears to be undervalued.
The current stock price of ฿3.38 is trading 5.6% below its estimated GF Value™ of ฿3.58.
GuruFocus considers TMT Steel PCL to be Fairly Valued.
Key valuation signals for BKK:TMT:
Interest Coverage: 5.64 (42% above median its 10-year median of 3.97)
GF Value™: ฿3.58 vs. price of ฿3.38 (5.6% below fair value)
Industry Position: 26.9% above the Steel median (#349 of 456)
No single metric tells the full story. See the BKK:TMT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TMT Steel PCL operates as a total steel solutions provider. It is engaged in fabricating and selling structural steel plates and sheets. The company offers flat products, including hot-rolled steel, plate steel, slit steel coil, flat iron, steel pipe, round steel bar, and others. In addition, it also provides steel processing and cold-forming services. Geographically the business activity functions through the region of Thailand.
70GF Score
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