Taiwan Special Chemicals (ROCO:4772) Interest Coverage: 30.01 (As of Mar. 2026) — 98% Below Median

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ROCO:4772 Taiwan Special Chemicals Corp ROCO:4772
63 GF Score
Price NT$270.50
GF Value NT$679.24
Valuation Possible Value Trap
! 1 Warning Sign
View Full Analysis

What is Taiwan Special Chemicals Interest Coverage?

Taiwan Special Chemicals ROCO:4772 63 Interest Coverage is 30.01 as of Mar. 2026, which is 98% below its 10-year median of 1,389.60. GuruFocus rates ROCO:4772 with a GF Score™ of 63/100 and a GF Value™ of NT$679.24 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 1,232 Chemicals companies, Taiwan Special Chemicals ranks better than 69.97% 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. Taiwan Special Chemicals's Operating Income for the three months ended in Mar. 2026 was NT$345 Mil. Taiwan Special Chemicals's Interest Expense for the three months ended in Mar. 2026 was NT$-11 Mil. Taiwan Special Chemicals's interest coverage for the quarter that ended in Mar. 2026 was 30.01. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Taiwan Special Chemicals's Interest Coverage or its related term are showing as below:

ROCO:4772' s Interest Coverage Range Over the Past 10 Years
Min: 31.78   Med: 1389.6   Max: 364674
Current: 31.78


ROCO:4772's Interest Coverage is ranked better than
69.97% of 1232 companies
in the Chemicals industry
Industry Median: 10.13 vs ROCO:4772: 31.78

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


Taiwan Special Chemicals  (ROCO:4772) 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 .


Taiwan Special Chemicals Interest Coverage Related Terms


Taiwan Special Chemicals Interest Coverage Historical Data

* Premium members only.

The historical data trend for Taiwan Special Chemicals'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.

Taiwan Special Chemicals Interest Coverage Chart

Taiwan Special Chemicals Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 83.18 1,389.60 34,449.50 364,674.00 37.51

Taiwan Special Chemicals Quarterly Data
Dec19 Dec20 Dec21 Jun22 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 No Debt No Debt 35.10 22.57 30.01

ROCO:4772 vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Taiwan Special Chemicals'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.


Taiwan Special Chemicals Interest Coverage vs Chemicals Industry

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

* The bar in red indicates where Taiwan Special Chemicals's Interest Coverage falls into.


ROCO:4772
63GF Score
Taiwan Special Chemicals Corp ROCO:4772
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Special Chemicals 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.

Taiwan Special Chemicals'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, Taiwan Special Chemicals's Interest Expense was NT$-23 Mil. Its Operating Income was NT$846 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$1,985 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*845.585/-22.545
=37.51

Taiwan Special Chemicals's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Taiwan Special Chemicals's Interest Expense was NT$-11 Mil. Its Operating Income was NT$345 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$1,987 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*344.658/-11.486
=30.01

* 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 30.01 mean?
Taiwan Special Chemicals (ROCO:4772) has a Interest Coverage of 30.01 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Taiwan Special Chemicals and its competitors. This is 98% below median its historical median of 1,389.60. Over the past decade, Taiwan Special Chemicals' Interest Coverage has ranged from 31.78 to 364,674.00. According to the industry distribution chart, Taiwan Special Chemicals ranks #370 out of 1232 companies in the Chemicals industry, placing it in the top 30%.
Is Taiwan Special Chemicals' Interest Coverage too high?
Taiwan Special Chemicals' current Interest Coverage of 30.01 is 98% below median its 10-year median of 1,389.60. Over the past 10 years, this metric has ranged from a low of 31.78 to a high of 364,674.00. The Chemicals industry median Interest Coverage is 10.13. Taiwan Special Chemicals' value of 30.01 is 196.2% above this industry median. Based on the distribution chart, Taiwan Special Chemicals ranks #370 out of 1232 companies in the Chemicals industry, which is above the industry midpoint. Overall, Taiwan Special Chemicals has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Taiwan Special Chemicals' Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Taiwan Special Chemicals ranks #370 out of 1232 companies for Interest Coverage. This puts Taiwan Special Chemicals in the upper half of its industry. The industry median Interest Coverage is 10.13. Taiwan Special Chemicals' value of 30.01 is 196.2% above this benchmark. Historically, Taiwan Special Chemicals' own Interest Coverage has ranged from 31.78 to 364,674.00 over the past decade. While the company's 10-year median is 1,389.60 vs. the industry median of 10.13, Taiwan Special Chemicals 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 10.13, based on 1,232 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. Taiwan Special Chemicals's current Interest Coverage of 30.01 is 196.2% 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 Taiwan Special Chemicals and its competitors. For the Chemicals industry, the median Interest Coverage is 10.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Special Chemicals's current Interest Coverage is 30.01, which is 98% below median its own 10-year median of 1,389.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Special Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Special Chemicals (ROCO:4772) is currently considered Possible Value Trap. The stock's GF Value™ is NT$679.24, compared to a current price of NT$270.50 — trading 60.2% below its estimated fair value. The current Interest Coverage is 30.01, which is 98% below median its 10-year median of 1,389.60 and 196.2% above the Chemicals industry median of 10.13. Taiwan Special Chemicals' overall GF Score™ is 63/100 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 Taiwan Special Chemicals (ROCO:4772), the current Interest Coverage is 30.01 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 Taiwan Special Chemicals (ROCO:4772) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Special Chemicals stock appears to be undervalued. The current stock price of NT$270.50 is trading 60.2% below its estimated GF Value™ of NT$679.24. GuruFocus considers Taiwan Special Chemicals to be Possible Value Trap.

Key valuation signals for ROCO:4772:

  • Interest Coverage: 30.01 (98% below median its 10-year median of 1,389.60)
  • GF Value™: NT$679.24 vs. price of NT$270.50 (60.2% below fair value)
  • GF Score™: 63/100 with 1 warning sign
  • Industry Position: 196.2% above the Chemicals median (#370 of 1232)

No single metric tells the full story. See the ROCO:4772 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Special Chemicals Business Description

Address No.1, Zhangbin West 3rd Road, Xianxi Township, Changhua County, Changhua, TWN, 507
Taiwan Special Chemicals Corp develops and manufactures semiconductor specialty gases (SEG) and semiconductor chemical materials (SEC), and is engaged in the sale and production of precision chemical materials, as well as the cleaning, maintenance, and refurbishment services for semiconductor equipment and components. It generates maximum revenue from the sale of specialty chemical materials. Geographically, the company generates maximum revenue from Taiwan, followed by other Asian regions, America, Northeast Asia (Japan and Korea), and Europe.
63GF Score

Get the complete analysis for ROCO:4772

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

NT$270.50
Price
NT$679.24
GF Value