Gloria Material Technology (ROCO:5009) Interest Coverage: 5.38 (As of Mar. 2026) — 30% Above Median

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ROCO:5009 Gloria Material Technology Corp ROCO:5009
69 GF Score
Price NT$33.30
GF Value NT$36.86
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Gloria Material Technology Interest Coverage?

Gloria Material Technology ROCO:5009 -2.35% 69 Interest Coverage is 5.38 as of Mar. 2026, which is 30% above its 10-year median of 4.14. GuruFocus rates ROCO:5009 with a GF Score™ of 69/100 and a GF Value™ of NT$36.86 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 455 Steel companies, Gloria Material Technology ranks worse than 58.46% 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. Gloria Material Technology's Operating Income for the three months ended in Mar. 2026 was NT$319 Mil. Gloria Material Technology's Interest Expense for the three months ended in Mar. 2026 was NT$-59 Mil. Gloria Material Technology's interest coverage for the quarter that ended in Mar. 2026 was 5.38. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Gloria Material Technology Corp interest coverage is 3.67, which is low.

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

ROCO:5009' s Interest Coverage Range Over the Past 10 Years
Min: 1.13   Med: 4.14   Max: 14.11
Current: 3.67


ROCO:5009's Interest Coverage is ranked worse than
58.46% of 455 companies
in the Steel industry
Industry Median: 4.57 vs ROCO:5009: 3.67

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


Gloria Material Technology  (ROCO:5009) 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 .


Gloria Material Technology Interest Coverage Related Terms


Gloria Material Technology Interest Coverage Historical Data

* Premium members only.

The historical data trend for Gloria Material Technology'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.

Gloria Material Technology Interest Coverage Chart

Gloria Material Technology 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 7.31 14.11 12.25 8.12 3.87

Gloria Material Technology 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 6.05 4.67 1.14 3.52 5.38

ROCO:5009 vs NUE, STLD, RS: Interest Coverage Comparison

For the Steel subindustry, Gloria Material Technology'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.


Gloria Material Technology Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, Gloria Material Technology's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Gloria Material Technology's Interest Coverage falls into.


ROCO:5009
69GF Score
Gloria Material Technology Corp ROCO:5009
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gloria Material Technology 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.

Gloria Material Technology'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, Gloria Material Technology's Interest Expense was NT$-248 Mil. Its Operating Income was NT$960 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$6,289 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*960.143/-247.892
=3.87

Gloria Material Technology's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Gloria Material Technology's Interest Expense was NT$-59 Mil. Its Operating Income was NT$319 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$5,931 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*319.3/-59.306
=5.38

* 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 5.38 mean?
Gloria Material Technology (ROCO:5009) has a Interest Coverage of 5.38 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Gloria Material Technology and its competitors. This is 30% above median its historical median of 4.14. Over the past decade, Gloria Material Technology's Interest Coverage has ranged from 1.13 to 14.11. According to the industry distribution chart, Gloria Material Technology ranks #266 out of 455 companies in the Steel industry, placing it in the top 58.5%.
Is Gloria Material Technology's Interest Coverage too high?
Gloria Material Technology's current Interest Coverage of 5.38 is 30% above median its 10-year median of 4.14. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 14.11. The Steel industry median Interest Coverage is 4.57. Gloria Material Technology's value of 5.38 is 17.7% above this industry median. Based on the distribution chart, Gloria Material Technology ranks #266 out of 455 companies in the Steel industry, which is below the industry midpoint. Overall, Gloria Material Technology has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gloria Material Technology's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Gloria Material Technology ranks #266 out of 455 companies for Interest Coverage. This places Gloria Material Technology in the lower half of its industry. The industry median Interest Coverage is 4.57. Gloria Material Technology's value of 5.38 is 17.7% above this benchmark. Historically, Gloria Material Technology's own Interest Coverage has ranged from 1.13 to 14.11 over the past decade. While the company's 10-year median is 4.14 vs. the industry median of 4.57, Gloria Material Technology 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 Steel company?
The median Interest Coverage among Steel companies is 4.57, based on 455 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. Gloria Material Technology's current Interest Coverage of 5.38 is 17.7% 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 Gloria Material Technology and its competitors. For the Steel industry, the median Interest Coverage is 4.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gloria Material Technology's current Interest Coverage is 5.38, which is 30% above median its own 10-year median of 4.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gloria Material Technology stock overvalued right now?
Based on GuruFocus' analysis, Gloria Material Technology (ROCO:5009) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$36.86, compared to a current price of NT$33.30 — trading 9.7% below its estimated fair value. The current Interest Coverage is 5.38, which is 30% above median its 10-year median of 4.14 and 17.7% above the Steel industry median of 4.57. Gloria Material Technology's overall GF Score™ is 69/100 with 8 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 Gloria Material Technology (ROCO:5009), the current Interest Coverage is 5.38 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 Gloria Material Technology (ROCO:5009) Overvalued in 2026?

Based on GuruFocus' analysis, Gloria Material Technology stock appears to be undervalued. The current stock price of NT$33.30 is trading 9.7% below its estimated GF Value™ of NT$36.86. GuruFocus considers Gloria Material Technology to be Modestly Undervalued.

Key valuation signals for ROCO:5009:

  • Interest Coverage: 5.38 (30% above median its 10-year median of 4.14)
  • GF Value™: NT$36.86 vs. price of NT$33.30 (9.7% below fair value)
  • GF Score™: 69/100 with 8 warning signs
  • Industry Position: 17.7% above the Steel median (#266 of 455)

No single metric tells the full story. See the ROCO:5009 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gloria Material Technology Business Description

Address 35, Hsin Chung Road, Tainan Hsien, Hsinying, TWN, 730
Gloria Material Technology Corp is mainly engaged in the production and sale of special steel, carbon steel, alloy steel, super alloy, and the smelting of the raw materials of these products. It provides various quality materials such as Superalloy, Titanium Alloy, High Speed Steel, Tool Steel, Stainless Steel, various ESR, VAR materials, and Quenched-Tempered Steel, and has various steel grades. Its product shapes are focused on Round bars and Square bars. The company's products include: Stainless steel, Alloy tool steel, alloy steel, carbon steel, and Super Alloy. The Group's reportable segments were as follows: The Company, Golden Win International Corp, Golden Win Steel Industrial Corp, All Win Enterprises Ltd, and others.
69GF Score

Get the complete analysis for ROCO:5009

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

NT$33.30
Price
NT$36.86
GF Value