Apex Material Technology (ROCO:6899) Interest Coverage: 40.03 (As of Dec. 2025) — 55% Below Median

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ROCO:6899 Apex Material Technology Corp ROCO:6899
65 GF Score
Price NT$52.60
GF Value NT$60.19
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Apex Material Technology Interest Coverage?

Apex Material Technology ROCO:6899 -0.19% 65 Interest Coverage is 40.03 as of Dec. 2025, which is 55% below its 10-year median of 89.21. GuruFocus rates ROCO:6899 with a GF Score™ of 65/100 and a GF Value™ of NT$60.19 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,677 Hardware companies, Apex Material Technology ranks better than 72.87% 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. Apex Material Technology's Operating Income for the three months ended in Dec. 2025 was NT$41 Mil. Apex Material Technology's Interest Expense for the three months ended in Dec. 2025 was NT$-1 Mil. Apex Material Technology's interest coverage for the quarter that ended in Dec. 2025 was 40.03. 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. Apex Material Technology Corp has enough cash to cover all of its debt. Its financial situation is stable.

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

ROCO:6899' s Interest Coverage Range Over the Past 10 Years
Min: 29.04   Med: 89.21   Max: 804.3
Current: 52.47


ROCO:6899's Interest Coverage is ranked better than
72.87% of 1677 companies
in the Hardware industry
Industry Median: 13.68 vs ROCO:6899: 52.47

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


Apex Material Technology  (ROCO:6899) 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 .


Apex Material Technology Interest Coverage Related Terms


Apex Material Technology Interest Coverage Historical Data

* Premium members only.

The historical data trend for Apex 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.

Apex Material Technology Interest Coverage Chart

Apex Material Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 103.20 89.21 38.60 29.04 52.47

Apex Material Technology Quarterly Data
Dec19 Dec20 Dec21 Jun22 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 21.82 49.13 65.82 54.66 40.03

ROCO:6899 vs APH, GLW: Interest Coverage Comparison

For the Electronic Components subindustry, Apex 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.


Apex Material Technology Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, Apex Material Technology's Interest Coverage distribution charts can be found below:

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


ROCO:6899
65GF Score
Apex Material Technology Corp ROCO:6899
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apex 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.

Apex 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, Apex Material Technology's Interest Expense was NT$-4 Mil. Its Operating Income was NT$218 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$190 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*218.227/-4.159
=52.47

Apex Material Technology's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Apex Material Technology's Interest Expense was NT$-1 Mil. Its Operating Income was NT$41 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$190 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*40.594/-1.014
=40.03

* 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 40.03 mean?
Apex Material Technology (ROCO:6899) has a Interest Coverage of 40.03 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Apex Material Technology and its competitors. This is 55% below median its historical median of 89.21. Over the past decade, Apex Material Technology's Interest Coverage has ranged from 29.04 to 804.30. According to the industry distribution chart, Apex Material Technology ranks #455 out of 1677 companies in the Hardware industry, placing it in the top 27.1%.
Is Apex Material Technology's Interest Coverage too high?
Apex Material Technology's current Interest Coverage of 40.03 is 55% below median its 10-year median of 89.21. Over the past 10 years, this metric has ranged from a low of 29.04 to a high of 804.30. The Hardware industry median Interest Coverage is 13.68. Apex Material Technology's value of 40.03 is 192.6% above this industry median. Based on the distribution chart, Apex Material Technology ranks #455 out of 1677 companies in the Hardware industry, which is above the industry midpoint. Overall, Apex Material Technology has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Apex Material Technology's Interest Coverage compare to APH and GLW?
According to the Hardware industry distribution chart, Apex Material Technology ranks #455 out of 1677 companies for Interest Coverage. This puts Apex Material Technology in the upper half of its industry. The industry median Interest Coverage is 13.68. Apex Material Technology's value of 40.03 is 192.6% above this benchmark. Historically, Apex Material Technology's own Interest Coverage has ranged from 29.04 to 804.30 over the past decade. While the company's 10-year median is 89.21 vs. the industry median of 13.68, Apex 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 Hardware company?
The median Interest Coverage among Hardware companies is 13.68, based on 1,677 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. Apex Material Technology's current Interest Coverage of 40.03 is 192.6% 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 Apex Material Technology and its competitors. For the Hardware industry, the median Interest Coverage is 13.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apex Material Technology's current Interest Coverage is 40.03, which is 55% below median its own 10-year median of 89.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Material Technology stock overvalued right now?
Based on GuruFocus' analysis, Apex Material Technology (ROCO:6899) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$60.19, compared to a current price of NT$52.60 — trading 12.6% below its estimated fair value. The current Interest Coverage is 40.03, which is 55% below median its 10-year median of 89.21 and 192.6% above the Hardware industry median of 13.68. Apex Material Technology's overall GF Score™ is 65/100 with 3 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 Apex Material Technology (ROCO:6899), the current Interest Coverage is 40.03 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 Apex Material Technology (ROCO:6899) Overvalued in 2026?

Based on GuruFocus' analysis, Apex Material Technology stock appears to be undervalued. The current stock price of NT$52.60 is trading 12.6% below its estimated GF Value™ of NT$60.19. GuruFocus considers Apex Material Technology to be Modestly Undervalued.

Key valuation signals for ROCO:6899:

  • Interest Coverage: 40.03 (55% below median its 10-year median of 89.21)
  • GF Value™: NT$60.19 vs. price of NT$52.60 (12.6% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 192.6% above the Hardware median (#455 of 1677)

No single metric tells the full story. See the ROCO:6899 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apex Material Technology Business Description

Address No. 84, WuXun Street, Anle District, Keelung City, TWN, 204006
Apex Material Technology Corp manufactures resistive and projected capacitive (PCAP) touch screens, and PenMount touch screen controllers for the industrial, medical, and commercial sectors. Its product offerings comprise open frame touch screen monitor, optical bonding service, solutions for touch screen display, projected capacitive touch screen, and resistive touch screen.
65GF Score

Get the complete analysis for ROCO:6899

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

NT$52.60
Price
NT$60.19
GF Value