Sinmag Equipment (ROCO:1580) Interest Coverage: 458.08 (As of Dec. 2025) — 222% Above Median

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ROCO:1580 Sinmag Equipment Corp ROCO:1580
76 GF Score
Price NT$115.00
GF Value NT$162.35
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Sinmag Equipment Interest Coverage?

Sinmag Equipment ROCO:1580 -1.29% 76 Interest Coverage is 458.08 as of Dec. 2025, which is 222% above its 10-year median of 142.20. GuruFocus rates ROCO:1580 with a GF Score™ of 76/100 and a GF Value™ of NT$162.35 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,321 Industrial Products companies, Sinmag Equipment ranks better than 93.06% 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. Sinmag Equipment's Operating Income for the three months ended in Dec. 2025 was NT$219 Mil. Sinmag Equipment's Interest Expense for the three months ended in Dec. 2025 was NT$-0 Mil. Sinmag Equipment's interest coverage for the quarter that ended in Dec. 2025 was 458.08. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Sinmag Equipment Corp has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Sinmag Equipment's Interest Coverage or its related term are showing as below:

ROCO:1580' s Interest Coverage Range Over the Past 10 Years
Min: 74.82   Med: 142.2   Max: 724.28
Current: 603.15


ROCO:1580's Interest Coverage is ranked better than
93.06% of 2321 companies
in the Industrial Products industry
Industry Median: 14.75 vs ROCO:1580: 603.15

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


Sinmag Equipment  (ROCO:1580) 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 .


Sinmag Equipment Interest Coverage Related Terms


Sinmag Equipment Interest Coverage Historical Data

* Premium members only.

The historical data trend for Sinmag Equipment'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.

Sinmag Equipment Interest Coverage Chart

Sinmag Equipment 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 192.26 91.92 508.44 724.28 603.15

Sinmag Equipment Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1,307.12 919.44 623.73 568.14 458.08

ROCO:1580 vs GEV, ETN, PH: Interest Coverage Comparison

For the Specialty Industrial Machinery subindustry, Sinmag Equipment'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.


Sinmag Equipment Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sinmag Equipment's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sinmag Equipment's Interest Coverage falls into.


ROCO:1580
76GF Score
Sinmag Equipment Corp ROCO:1580
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sinmag Equipment 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.

Sinmag Equipment'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, Sinmag Equipment's Interest Expense was NT$-2 Mil. Its Operating Income was NT$929 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$32 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*929.46/-1.541
=603.15

Sinmag Equipment's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Sinmag Equipment's Interest Expense was NT$-0 Mil. Its Operating Income was NT$219 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$32 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*218.506/-0.477
=458.08

* 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 458.08 mean?
Sinmag Equipment (ROCO:1580) has a Interest Coverage of 458.08 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sinmag Equipment and its competitors. This is 222% above median its historical median of 142.20. Over the past decade, Sinmag Equipment's Interest Coverage has ranged from 74.82 to 724.28. According to the industry distribution chart, Sinmag Equipment ranks #161 out of 2321 companies in the Industrial Products industry, placing it in the top 6.9%.
Is Sinmag Equipment's Interest Coverage too high?
Sinmag Equipment's current Interest Coverage of 458.08 is 222% above median its 10-year median of 142.20. Over the past 10 years, this metric has ranged from a low of 74.82 to a high of 724.28. The Industrial Products industry median Interest Coverage is 14.75. Sinmag Equipment's value of 458.08 is 3005.6% above this industry median. Based on the distribution chart, Sinmag Equipment ranks #161 out of 2321 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Sinmag Equipment has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sinmag Equipment's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Sinmag Equipment ranks #161 out of 2321 companies for Interest Coverage. This places Sinmag Equipment in the top 7% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.75. Sinmag Equipment's value of 458.08 is 3005.6% above this benchmark. Historically, Sinmag Equipment's own Interest Coverage has ranged from 74.82 to 724.28 over the past decade. While the company's 10-year median is 142.20 vs. the industry median of 14.75, Sinmag Equipment 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 Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.75, based on 2,321 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. Sinmag Equipment's current Interest Coverage of 458.08 is 3005.6% 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 Sinmag Equipment and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinmag Equipment's current Interest Coverage is 458.08, which is 222% above median its own 10-year median of 142.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinmag Equipment stock overvalued right now?
Based on GuruFocus' analysis, Sinmag Equipment (ROCO:1580) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$162.35, compared to a current price of NT$115.00 — trading 29.2% below its estimated fair value. The current Interest Coverage is 458.08, which is 222% above median its 10-year median of 142.20 and 3005.6% above the Industrial Products industry median of 14.75. Sinmag Equipment's overall GF Score™ is 76/100 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 Sinmag Equipment (ROCO:1580), the current Interest Coverage is 458.08 as of Dec. 2025. 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 Sinmag Equipment (ROCO:1580) Overvalued in 2026?

Based on GuruFocus' analysis, Sinmag Equipment stock appears to be undervalued. The current stock price of NT$115.00 is trading 29.2% below its estimated GF Value™ of NT$162.35. GuruFocus considers Sinmag Equipment to be Modestly Undervalued.

Key valuation signals for ROCO:1580:

  • Interest Coverage: 458.08 (222% above median its 10-year median of 142.20)
  • GF Value™: NT$162.35 vs. price of NT$115.00 (29.2% below fair value)
  • GF Score™: 76/100 with 2 warning signs
  • Industry Position: 3005.6% above the Industrial Products median (#161 of 2321)

No single metric tells the full story. See the ROCO:1580 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sinmag Equipment Business Description

Address No. 23, Wuquan 6th Road Address Line 1, Wugu Industrial Park, Wugu District, New Tapei City, TWN
Sinmag Equipment Corp is engaged in Wholesale of machinery; Retail sale of machinery and equipment; Machinery and equipment manufacturing, International trade; and All businesses that are not prohibited or restricted by law.
76GF Score

Get the complete analysis for ROCO:1580

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

NT$115.00
Price
NT$162.35
GF Value