Munsin Garment (ROCO:2916) Interest Coverage: 61.73 (As of Dec. 2025) — Near Median

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ROCO:2916 Munsin Garment Corp ROCO:2916
80 GF Score
Price NT$40.10
GF Value NT$46.88
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Munsin Garment Interest Coverage?

Munsin Garment ROCO:2916 -0.99% 80 Interest Coverage is 61.73 as of Dec. 2025, which is 2% below its 10-year median of 63.01. GuruFocus rates ROCO:2916 with a GF Score™ of 80/100 and a GF Value™ of NT$46.88 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 734 Manufacturing - Apparel & Accessories companies, Munsin Garment ranks better than 85.42% 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. Munsin Garment's Operating Income for the three months ended in Dec. 2025 was NT$117 Mil. Munsin Garment's Interest Expense for the three months ended in Dec. 2025 was NT$-2 Mil. Munsin Garment's interest coverage for the quarter that ended in Dec. 2025 was 61.73. The higher the ratio, the stronger the company's financial strength is.

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

ROCO:2916' s Interest Coverage Range Over the Past 10 Years
Min: 26.55   Med: 63.01   Max: 194.71
Current: 60.8


ROCO:2916's Interest Coverage is ranked better than
85.42% of 734 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.3 vs ROCO:2916: 60.80

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


Munsin Garment  (ROCO:2916) 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 .


Munsin Garment Interest Coverage Related Terms


Munsin Garment Interest Coverage Historical Data

* Premium members only.

The historical data trend for Munsin Garment'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.

Munsin Garment Interest Coverage Chart

Munsin Garment 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 148.52 194.71 124.08 54.09 60.80

Munsin Garment 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 95.76 67.77 84.74 24.05 61.73

ROCO:2916 vs RL, LEVI, VFC: Interest Coverage Comparison

For the Apparel Manufacturing subindustry, Munsin Garment'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.


Munsin Garment Interest Coverage vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Munsin Garment's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Munsin Garment's Interest Coverage falls into.


ROCO:2916
80GF Score
Munsin Garment Corp ROCO:2916
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Munsin Garment 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.

Munsin Garment'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, Munsin Garment's Interest Expense was NT$-5 Mil. Its Operating Income was NT$278 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*278.239/-4.576
=60.80

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

Here, for the three months ended in Dec. 2025, Munsin Garment's Interest Expense was NT$-2 Mil. Its Operating Income was NT$117 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*117.28/-1.9
=61.73

* 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 61.73 mean?
Munsin Garment (ROCO:2916) has a Interest Coverage of 61.73 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Munsin Garment and its competitors. This is near median its historical median of 63.01. Over the past decade, Munsin Garment's Interest Coverage has ranged from 26.55 to 194.71. According to the industry distribution chart, Munsin Garment ranks #107 out of 734 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 14.6%.
Is Munsin Garment's Interest Coverage too high?
Munsin Garment's current Interest Coverage of 61.73 is near median its 10-year median of 63.01. Over the past 10 years, this metric has ranged from a low of 26.55 to a high of 194.71. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.30. Munsin Garment's value of 61.73 is 1064.7% above this industry median. Based on the distribution chart, Munsin Garment ranks #107 out of 734 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Munsin Garment has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Munsin Garment's Interest Coverage compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Munsin Garment ranks #107 out of 734 companies for Interest Coverage. This places Munsin Garment in the top 15% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.30. Munsin Garment's value of 61.73 is 1064.7% above this benchmark. Historically, Munsin Garment's own Interest Coverage has ranged from 26.55 to 194.71 over the past decade. While the company's 10-year median is 63.01 vs. the industry median of 5.30, Munsin Garment 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 Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.30, based on 734 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. Munsin Garment's current Interest Coverage of 61.73 is 1064.7% 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 Munsin Garment and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Munsin Garment's current Interest Coverage is 61.73, which is near median its own 10-year median of 63.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Munsin Garment stock overvalued right now?
Based on GuruFocus' analysis, Munsin Garment (ROCO:2916) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$46.88, compared to a current price of NT$40.10 — trading 14.5% below its estimated fair value. The current Interest Coverage is 61.73, which is near median its 10-year median of 63.01 and 1064.7% above the Manufacturing - Apparel & Accessories industry median of 5.30. Munsin Garment's overall GF Score™ is 80/100 with 4 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 Munsin Garment (ROCO:2916), the current Interest Coverage is 61.73 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 Munsin Garment (ROCO:2916) Overvalued in 2026?

Based on GuruFocus' analysis, Munsin Garment stock appears to be undervalued. The current stock price of NT$40.10 is trading 14.5% below its estimated GF Value™ of NT$46.88. GuruFocus considers Munsin Garment to be Modestly Undervalued.

Key valuation signals for ROCO:2916:

  • Interest Coverage: 61.73 (near median its 10-year median of 63.01)
  • GF Value™: NT$46.88 vs. price of NT$40.10 (14.5% below fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 1064.7% above the Manufacturing - Apparel & Accessories median (#107 of 734)

No single metric tells the full story. See the ROCO:2916 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Munsin Garment Business Description

Address Wuquan 6th Road, No. 18, Wugu District, New Taipei City, TWN
Munsin Garment Corp is mainly engaged in the manufacturing and sale of various garments and knitwear; acting as a product distribution, bidding, and quoting agent for domestic and international brands; and the import and export trade operations related to these business activities. The company deals in men's and women's apparel products of various international brands, such as Munsingwear, Le Coq Sportif, Pou Dou Dou, Eminento, Nara CamiCie, Hazzy, and others. Geographically, all of its revenue is derived from Taiwan.
80GF Score

Get the complete analysis for ROCO:2916

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

NT$40.10
Price
NT$46.88
GF Value