Union Petrochemical PCL (BKK:UKEM) Interest Coverage: 36.02 (As of Mar. 2026) — 238% Above Median

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BKK:UKEM Union Petrochemical PCL BKK:UKEM
48 GF Score
Price ฿1.17
GF Value ฿0.71
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Union Petrochemical PCL Interest Coverage?

Union Petrochemical PCL BKK:UKEM -1.68% 48 Interest Coverage is 36.02 as of Mar. 2026, which is 238% above its 10-year median of 10.67. GuruFocus rates BKK:UKEM with a GF Score™ of 48/100 and a GF Value™ of ฿0.71 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,234 Chemicals companies, Union Petrochemical PCL ranks better than 53.65% 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. Union Petrochemical PCL's Operating Income for the three months ended in Mar. 2026 was ฿126 Mil. Union Petrochemical PCL's Interest Expense for the three months ended in Mar. 2026 was ฿-4 Mil. Union Petrochemical PCL's interest coverage for the quarter that ended in Mar. 2026 was 36.02. The higher the ratio, the stronger the company's financial strength is.

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

BKK:UKEM' s Interest Coverage Range Over the Past 10 Years
Min: 1.21   Med: 10.67   Max: 21.17
Current: 12.22


BKK:UKEM's Interest Coverage is ranked better than
53.65% of 1234 companies
in the Chemicals industry
Industry Median: 10.235 vs BKK:UKEM: 12.22

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


Union Petrochemical PCL  (BKK:UKEM) 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 .


Union Petrochemical PCL Interest Coverage Related Terms


Union Petrochemical PCL Interest Coverage Historical Data

* Premium members only.

The historical data trend for Union Petrochemical 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.

Union Petrochemical PCL Interest Coverage Chart

Union Petrochemical 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 17.72 0.00 1.21 1.24 5.05

Union Petrochemical 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 5.68 5.07 9.44 0.00 36.02

BKK:UKEM vs DOW: Interest Coverage Comparison

For the Chemicals subindustry, Union Petrochemical 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.


Union Petrochemical PCL Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Union Petrochemical PCL's Interest Coverage distribution charts can be found below:

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


BKK:UKEM
48GF Score
Union Petrochemical PCL BKK:UKEM
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Union Petrochemical 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.

Union Petrochemical 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, Union Petrochemical PCL's Interest Expense was ฿-15 Mil. Its Operating Income was ฿78 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿20 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*78.116/-15.466
=5.05

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

Here, for the three months ended in Mar. 2026, Union Petrochemical PCL's Interest Expense was ฿-4 Mil. Its Operating Income was ฿126 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿23 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*126.066/-3.5
=36.02

* 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 36.02 mean?
Union Petrochemical PCL (BKK:UKEM) has a Interest Coverage of 36.02 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Union Petrochemical PCL and its competitors. This is 238% above median its historical median of 10.67. Over the past decade, Union Petrochemical PCL's Interest Coverage has ranged from 1.21 to 21.17. According to the industry distribution chart, Union Petrochemical PCL ranks #572 out of 1234 companies in the Chemicals industry, placing it in the top 46.4%.
Is Union Petrochemical PCL's Interest Coverage too high?
Union Petrochemical PCL's current Interest Coverage of 36.02 is 238% above median its 10-year median of 10.67. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 21.17. The Chemicals industry median Interest Coverage is 10.24. Union Petrochemical PCL's value of 36.02 is 251.9% above this industry median. Based on the distribution chart, Union Petrochemical PCL ranks #572 out of 1234 companies in the Chemicals industry, which is above the industry midpoint. Overall, Union Petrochemical PCL has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Union Petrochemical PCL's Interest Coverage compare to DOW?
According to the Chemicals industry distribution chart, Union Petrochemical PCL ranks #572 out of 1234 companies for Interest Coverage. This puts Union Petrochemical PCL in the upper half of its industry. The industry median Interest Coverage is 10.24. Union Petrochemical PCL's value of 36.02 is 251.9% above this benchmark. Historically, Union Petrochemical PCL's own Interest Coverage has ranged from 1.21 to 21.17 over the past decade. While the company's 10-year median is 10.67 vs. the industry median of 10.24, Union Petrochemical 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.24, based on 1,234 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. Union Petrochemical PCL's current Interest Coverage of 36.02 is 251.9% 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 Union Petrochemical PCL and its competitors. For the Chemicals industry, the median Interest Coverage is 10.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Petrochemical PCL's current Interest Coverage is 36.02, which is 238% above median its own 10-year median of 10.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Petrochemical PCL stock overvalued right now?
Based on GuruFocus' analysis, Union Petrochemical PCL (BKK:UKEM) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.71, compared to a current price of ฿1.17 — trading 64.8% above its estimated fair value. The current Interest Coverage is 36.02, which is 238% above median its 10-year median of 10.67 and 251.9% above the Chemicals industry median of 10.24. Union Petrochemical PCL's overall GF Score™ is 48/100 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 Union Petrochemical PCL (BKK:UKEM), the current Interest Coverage is 36.02 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 Union Petrochemical PCL (BKK:UKEM) Overvalued in 2026?

Based on GuruFocus' analysis, Union Petrochemical PCL stock appears to be overvalued. The current stock price of ฿1.17 is trading 64.8% above its estimated GF Value™ of ฿0.71. GuruFocus considers Union Petrochemical PCL to be Significantly Overvalued.

Key valuation signals for BKK:UKEM:

  • Interest Coverage: 36.02 (238% above median its 10-year median of 10.67)
  • GF Value™: ฿0.71 vs. price of ฿1.17 (64.8% above fair value)
  • GF Score™: 48/100 with 5 warning signs
  • Industry Position: 251.9% above the Chemicals median (#572 of 1234)

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


Union Petrochemical PCL Business Description

Address 728 Boromratchonnee Road, Union House Building, Kwang Bangbumru, Khet Bang Phalt, Bangkok, THA, 10700
Union Petrochemical PCL is principally engaged in the import and distribution of chemical products. The company is organized into three reportable segments: Commodity Chemicals segment, Specialty Chemicals segment, and Other segment. Some of its products are Methanol, Isopropyl alcohol, isobutyl alcohol, N-Butanol, Solvents 3040, Toluene, Mixed Xylene, Solvesso 100 Fluid, Solvesso 150 fluid, Solvesso 150 fluid, Butyl Acetate, Ethyl Acetate and Butyl, among others. The company has diversified into the logistics and storage sector. The group operates solely in Thailand and derives key revenue from the Commodity chemicals segment. The Group's business is operated in Thailand.
48GF Score

Get the complete analysis for BKK:UKEM

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

฿1.17
Price
฿0.71
GF Value