Wafer Works (ROCO:6182) Interest Coverage: 5.13 (As of Dec. 2025) — 11% Below Median

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ROCO:6182 Wafer Works Corp ROCO:6182
60 GF Score
Price NT$149.50
GF Value NT$33.54
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Wafer Works Interest Coverage?

Wafer Works ROCO:6182 -9.94% 60 Interest Coverage is 5.13 as of Dec. 2025, which is 11% below its 10-year median of 5.74. GuruFocus rates ROCO:6182 with a GF Score™ of 60/100 and a GF Value™ of NT$33.54 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 637 Semiconductors companies, Wafer Works ranks worse than 79.91% 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. Wafer Works's Operating Income for the three months ended in Dec. 2025 was NT$187 Mil. Wafer Works's Interest Expense for the three months ended in Dec. 2025 was NT$-36 Mil. Wafer Works's interest coverage for the quarter that ended in Dec. 2025 was 5.13. The higher the ratio, the stronger the company's financial strength is.

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

ROCO:6182' s Interest Coverage Range Over the Past 10 Years
Min: 1.4   Med: 5.74   Max: 19.72
Current: 4.16


ROCO:6182's Interest Coverage is ranked worse than
79.91% of 637 companies
in the Semiconductors industry
Industry Median: 20.5 vs ROCO:6182: 4.16

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


Wafer Works  (ROCO:6182) 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 .


Wafer Works Interest Coverage Related Terms


Wafer Works Interest Coverage Historical Data

* Premium members only.

The historical data trend for Wafer Works'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.

Wafer Works Interest Coverage Chart

Wafer Works 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 11.12 12.77 5.74 1.40 4.16

Wafer Works 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 0.36 2.43 4.83 4.22 5.13

ROCO:6182 vs AMAT, LRCX, KLAC: Interest Coverage Comparison

For the Semiconductor Equipment & Materials subindustry, Wafer Works'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.


Wafer Works Interest Coverage vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Wafer Works's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Wafer Works's Interest Coverage falls into.


ROCO:6182
60GF Score
Wafer Works Corp ROCO:6182
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wafer Works 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.

Wafer Works'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, Wafer Works's Interest Expense was NT$-136 Mil. Its Operating Income was NT$565 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$7,626 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*564.969/-135.911
=4.16

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

Here, for the three months ended in Dec. 2025, Wafer Works's Interest Expense was NT$-36 Mil. Its Operating Income was NT$187 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$7,626 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*186.698/-36.427
=5.13

* 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 5.13 mean?
Wafer Works (ROCO:6182) has a Interest Coverage of 5.13 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Wafer Works and its competitors. This is 11% below median its historical median of 5.74. Over the past decade, Wafer Works' Interest Coverage has ranged from 1.40 to 19.72. According to the industry distribution chart, Wafer Works ranks #509 out of 637 companies in the Semiconductors industry, placing it in the top 79.9%.
Is Wafer Works' Interest Coverage too high?
Wafer Works' current Interest Coverage of 5.13 is 11% below median its 10-year median of 5.74. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 19.72. The Semiconductors industry median Interest Coverage is 20.50. Wafer Works' value of 5.13 is 75% below this industry median. Based on the distribution chart, Wafer Works ranks #509 out of 637 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Wafer Works has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wafer Works' Interest Coverage compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Wafer Works ranks #509 out of 637 companies for Interest Coverage. This places Wafer Works in the lower half of its industry. The industry median Interest Coverage is 20.50. Wafer Works' value of 5.13 is 75% below this benchmark. Historically, Wafer Works' own Interest Coverage has ranged from 1.40 to 19.72 over the past decade. While the company's 10-year median is 5.74 vs. the industry median of 20.50, Wafer Works has consistently been below 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 Semiconductors company?
The median Interest Coverage among Semiconductors companies is 20.50, based on 637 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. Wafer Works's current Interest Coverage of 5.13 is 75% below 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 Wafer Works and its competitors. For the Semiconductors industry, the median Interest Coverage is 20.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wafer Works's current Interest Coverage is 5.13, which is 11% below median its own 10-year median of 5.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wafer Works stock overvalued right now?
Based on GuruFocus' analysis, Wafer Works (ROCO:6182) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$33.54, compared to a current price of NT$149.50 — trading 345.7% above its estimated fair value. The current Interest Coverage is 5.13, which is 11% below median its 10-year median of 5.74 and 75% below the Semiconductors industry median of 20.50. Wafer Works' overall GF Score™ is 60/100 with 9 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 Wafer Works (ROCO:6182), the current Interest Coverage is 5.13 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 Wafer Works (ROCO:6182) Overvalued in 2026?

Based on GuruFocus' analysis, Wafer Works stock appears to be overvalued. The current stock price of NT$149.50 is trading 345.7% above its estimated GF Value™ of NT$33.54. GuruFocus considers Wafer Works to be Significantly Overvalued.

Key valuation signals for ROCO:6182:

  • Interest Coverage: 5.13 (11% below median its 10-year median of 5.74)
  • GF Value™: NT$33.54 vs. price of NT$149.50 (345.7% above fair value)
  • GF Score™: 60/100 with 9 warning signs
  • Industry Position: 75% below the Semiconductors median (#509 of 637)

No single metric tells the full story. See the ROCO:6182 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wafer Works Business Description

Address No. 100, Longyuan 1st Road, Longtan Science Park, Taoyuan, TWN, 32542
Wafer Works Corp is a Taiwan-based company principally engaged in the R&D, design, manufacturing, and sales of semiconductor materials; the technique consulting business, service business, and trading for the above items. Its customized silicon wafer services are Polished wafers, Leijingjingyuan, SOI wafers, Gallium nitride epitaxial wafers, and Custom wafers. Its geographical segments include Taiwan, China (including Hong Kong), the United States, and Other countries. It generates the majority of its revenue from Taiwan. The Group's revenue is derived from the manufacture and sale of semiconductor wafers.
60GF Score

Get the complete analysis for ROCO:6182

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

NT$149.50
Price
NT$33.54
GF Value