Chitec Technology Co (ROCO:3430) Interest Coverage: 37.07 (As of Jun. 2026) — 18% Above Median

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ROCO:3430 Chitec Technology Co Ltd ROCO:3430
74 GF Score
Price NT$115.00
GF Value NT$79.79
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Chitec Technology Co Interest Coverage?

Chitec Technology Co ROCO:3430 -1.29% 74 Interest Coverage is 37.07 as of Jun. 2026, which is 18% above its 10-year median of 31.33. GuruFocus rates ROCO:3430 with a GF Score™ of 74/100 and a GF Value™ of NT$79.79 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,270 Chemicals companies, Chitec Technology Co ranks better than 74.88% 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. Chitec Technology Co's Operating Income for the three months ended in Jun. 2026 was NT$54 Mil. Chitec Technology Co's Interest Expense for the three months ended in Jun. 2026 was NT$-1 Mil. Chitec Technology Co's interest coverage for the quarter that ended in Jun. 2026 was 37.07. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Chitec Technology Co's Interest Coverage or its related term are showing as below:

ROCO:3430' s Interest Coverage Range Over the Past 10 Years
Min: 2.43   Med: 31.33   Max: 75.6
Current: 46.73


ROCO:3430's Interest Coverage is ranked better than
74.88% of 1270 companies
in the Chemicals industry
Industry Median: 11.355 vs ROCO:3430: 46.73

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


Chitec Technology Co  (ROCO:3430) 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 .


Chitec Technology Co Interest Coverage Related Terms


Chitec Technology Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Chitec Technology Co'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.

Chitec Technology Co Interest Coverage Chart

Chitec Technology Co 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 44.58 75.60 54.01 69.85 60.92

Chitec Technology Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 54.60 61.14 58.48 46.49 37.07

ROCO:3430 vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Chitec Technology Co'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.


Chitec Technology Co Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chitec Technology Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Chitec Technology Co's Interest Coverage falls into.


ROCO:3430
74GF Score
Chitec Technology Co Ltd ROCO:3430
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chitec Technology Co 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.

Chitec Technology Co'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, Chitec Technology Co's Interest Expense was NT$-3 Mil. Its Operating Income was NT$154 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$81 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*154.311/-2.533
=60.92

Chitec Technology Co's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Chitec Technology Co's Interest Expense was NT$-1 Mil. Its Operating Income was NT$54 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$205 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*54.268/-1.464
=37.07

* 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 37.07 mean?
Chitec Technology Co (ROCO:3430) has a Interest Coverage of 37.07 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Chitec Technology Co and its competitors. This is 18% above median its historical median of 31.33. Over the past decade, Chitec Technology Co's Interest Coverage has ranged from 2.43 to 75.60. According to the industry distribution chart, Chitec Technology Co ranks #319 out of 1270 companies in the Chemicals industry, placing it in the top 25.1%.
Is Chitec Technology Co's Interest Coverage too high?
Chitec Technology Co's current Interest Coverage of 37.07 is 18% above median its 10-year median of 31.33. Over the past 10 years, this metric has ranged from a low of 2.43 to a high of 75.60. The Chemicals industry median Interest Coverage is 11.36. Chitec Technology Co's value of 37.07 is 226.5% above this industry median. Based on the distribution chart, Chitec Technology Co ranks #319 out of 1270 companies in the Chemicals industry, which is above the industry midpoint. Overall, Chitec Technology Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chitec Technology Co's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Chitec Technology Co ranks #319 out of 1270 companies for Interest Coverage. This puts Chitec Technology Co in the upper half of its industry. The industry median Interest Coverage is 11.36. Chitec Technology Co's value of 37.07 is 226.5% above this benchmark. Historically, Chitec Technology Co's own Interest Coverage has ranged from 2.43 to 75.60 over the past decade. While the company's 10-year median is 31.33 vs. the industry median of 11.36, Chitec Technology Co 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 11.36, based on 1,270 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. Chitec Technology Co's current Interest Coverage of 37.07 is 226.5% 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 Chitec Technology Co and its competitors. For the Chemicals industry, the median Interest Coverage is 11.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chitec Technology Co's current Interest Coverage is 37.07, which is 18% above median its own 10-year median of 31.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chitec Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Chitec Technology Co (ROCO:3430) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$79.79, compared to a current price of NT$115.00 — trading 44.1% above its estimated fair value. The current Interest Coverage is 37.07, which is 18% above median its 10-year median of 31.33 and 226.5% above the Chemicals industry median of 11.36. Chitec Technology Co's overall GF Score™ is 74/100 with 1 warning sign 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 Chitec Technology Co (ROCO:3430), the current Interest Coverage is 37.07 as of Jun. 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 Chitec Technology Co (ROCO:3430) Overvalued in 2026?

Based on GuruFocus' analysis, Chitec Technology Co stock appears to be overvalued. The current stock price of NT$115.00 is trading 44.1% above its estimated GF Value™ of NT$79.79. GuruFocus considers Chitec Technology Co to be Significantly Overvalued.

Key valuation signals for ROCO:3430:

  • Interest Coverage: 37.07 (18% above median its 10-year median of 31.33)
  • GF Value™: NT$79.79 vs. price of NT$115.00 (44.1% above fair value)
  • GF Score™: 74/100 with 1 warning sign
  • Industry Position: 226.5% above the Chemicals median (#319 of 1270)

No single metric tells the full story. See the ROCO:3430 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chitec Technology Co Business Description

Address 20F., No.57, Sec. 2, Dunhua South Road, Taipei City, TWN, 106
Chitec Technology Co Ltd is engaged in the research and development of specialty chemical applications for various industries, including electronics, medicine, automotive, and construction. Its products include photoinitiators, UV absorbers, antioxidants, flame retardants, and others.
74GF Score

Get the complete analysis for ROCO:3430

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

NT$115.00
Price
NT$79.79
GF Value