Axis (ROCO:6292) Interest Coverage: 100.45 (As of Jun. 2026) — 177% Above Median

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ROCO:6292 Axis Corp ROCO:6292
74 GF Score
Price NT$66.10
GF Value NT$53.32
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Axis Interest Coverage?

Axis ROCO:6292 -0.30% 74 Interest Coverage is 100.45 as of Jun. 2026, which is 177% above its 10-year median of 36.32. GuruFocus rates ROCO:6292 with a GF Score™ of 74/100 and a GF Value™ of NT$53.32 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,304 Industrial Products companies, Axis ranks better than 80.9% 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. Axis's Operating Income for the three months ended in Jun. 2026 was NT$62 Mil. Axis's Interest Expense for the three months ended in Jun. 2026 was NT$-1 Mil. Axis's interest coverage for the quarter that ended in Jun. 2026 was 100.45. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Axis Corp has enough cash to cover all of its debt. Its financial situation is stable.

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

ROCO:6292' s Interest Coverage Range Over the Past 10 Years
Min: 6.89   Med: 36.32   Max: 94.47
Current: 94.47


ROCO:6292's Interest Coverage is ranked better than
80.9% of 2304 companies
in the Industrial Products industry
Industry Median: 14.64 vs ROCO:6292: 94.47

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


Axis  (ROCO:6292) 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 .


Axis Interest Coverage Related Terms


Axis Interest Coverage Historical Data

* Premium members only.

The historical data trend for Axis'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.

Axis Interest Coverage Chart

Axis 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 25.34 41.05 12.80 6.89 48.78

Axis 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 21.23 1,405.29 86.24 52.68 100.45

ROCO:6292 vs VRT, BE: Interest Coverage Comparison

For the Electrical Equipment & Parts subindustry, Axis'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.


Axis Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Axis's Interest Coverage distribution charts can be found below:

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


ROCO:6292
74GF Score
Axis Corp ROCO:6292
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axis 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.

Axis'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, Axis's Interest Expense was NT$-1 Mil. Its Operating Income was NT$70 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$1 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*70.093/-1.437
=48.78

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

Here, for the three months ended in Jun. 2026, Axis's Interest Expense was NT$-1 Mil. Its Operating Income was NT$62 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$0 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*62.28/-0.62
=100.45

* 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 100.45 mean?
Axis (ROCO:6292) has a Interest Coverage of 100.45 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Axis and its competitors. This is 177% above median its historical median of 36.32. Over the past decade, Axis' Interest Coverage has ranged from 6.89 to 94.47. According to the industry distribution chart, Axis ranks #440 out of 2304 companies in the Industrial Products industry, placing it in the top 19.1%.
Is Axis' Interest Coverage too high?
Axis' current Interest Coverage of 100.45 is 177% above median its 10-year median of 36.32. Over the past 10 years, this metric has ranged from a low of 6.89 to a high of 94.47. The Industrial Products industry median Interest Coverage is 14.64. Axis' value of 100.45 is 586.1% above this industry median. Based on the distribution chart, Axis ranks #440 out of 2304 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Axis has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Axis' Interest Coverage compare to VRT and BE?
According to the Industrial Products industry distribution chart, Axis ranks #440 out of 2304 companies for Interest Coverage. This places Axis in the top 19% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.64. Axis' value of 100.45 is 586.1% above this benchmark. Historically, Axis' own Interest Coverage has ranged from 6.89 to 94.47 over the past decade. While the company's 10-year median is 36.32 vs. the industry median of 14.64, Axis 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.64, based on 2,304 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. Axis's current Interest Coverage of 100.45 is 586.1% 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 Axis and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axis's current Interest Coverage is 100.45, which is 177% above median its own 10-year median of 36.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axis stock overvalued right now?
Based on GuruFocus' analysis, Axis (ROCO:6292) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$53.32, compared to a current price of NT$66.10 — trading 24% above its estimated fair value. The current Interest Coverage is 100.45, which is 177% above median its 10-year median of 36.32 and 586.1% above the Industrial Products industry median of 14.64. Axis' overall GF Score™ is 74/100 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 Axis (ROCO:6292), the current Interest Coverage is 100.45 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 Axis (ROCO:6292) Overvalued in 2026?

Based on GuruFocus' analysis, Axis stock appears to be overvalued. The current stock price of NT$66.10 is trading 24% above its estimated GF Value™ of NT$53.32. GuruFocus considers Axis to be Modestly Overvalued.

Key valuation signals for ROCO:6292:

  • Interest Coverage: 100.45 (177% above median its 10-year median of 36.32)
  • GF Value™: NT$53.32 vs. price of NT$66.10 (24% above fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 586.1% above the Industrial Products median (#440 of 2304)

No single metric tells the full story. See the ROCO:6292 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Axis Business Description

Address 38-1, Minsheng North Road, Section 1, Guishan District, Taoyuan, TWN
Axis Corp is engaged in the manufacturing and trading of inverter transformer and high/low transformers and coils.
74GF Score

Get the complete analysis for ROCO:6292

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

NT$66.10
Price
NT$53.32
GF Value