Co-Tech Development (ROCO:8358) Interest Coverage: 74.10 (As of Dec. 2025) — 64% Above Median

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ROCO:8358 Co-Tech Development Corp ROCO:8358
75 GF Score
Price NT$462.50
GF Value NT$93.36
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Co-Tech Development Interest Coverage?

Co-Tech Development ROCO:8358 +0.54% 75 Interest Coverage is 74.10 as of Dec. 2025, which is 64% above its 10-year median of 45.09. GuruFocus rates ROCO:8358 with a GF Score™ of 75/100 and a GF Value™ of NT$93.36 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,677 Hardware companies, Co-Tech Development ranks better than 78.47% 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. Co-Tech Development's Operating Income for the three months ended in Dec. 2025 was NT$487 Mil. Co-Tech Development's Interest Expense for the three months ended in Dec. 2025 was NT$-7 Mil. Co-Tech Development's interest coverage for the quarter that ended in Dec. 2025 was 74.10. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Co-Tech Development's Interest Coverage or its related term are showing as below:

ROCO:8358' s Interest Coverage Range Over the Past 10 Years
Min: 12.93   Med: 45.09   Max: 316.19
Current: 79.25


ROCO:8358's Interest Coverage is ranked better than
78.47% of 1677 companies
in the Hardware industry
Industry Median: 13.68 vs ROCO:8358: 79.25

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


Co-Tech Development  (ROCO:8358) 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 .


Co-Tech Development Interest Coverage Related Terms


Co-Tech Development Interest Coverage Historical Data

* Premium members only.

The historical data trend for Co-Tech Development'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.

Co-Tech Development Interest Coverage Chart

Co-Tech Development 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 316.19 217.32 54.87 33.13 79.25

Co-Tech Development 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 29.03 107.76 127.41 53.00 74.10

ROCO:8358 vs APH, GLW: Interest Coverage Comparison

For the Electronic Components subindustry, Co-Tech Development'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.


Co-Tech Development Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, Co-Tech Development's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Co-Tech Development's Interest Coverage falls into.


ROCO:8358
75GF Score
Co-Tech Development Corp ROCO:8358
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Co-Tech Development 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.

Co-Tech Development'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, Co-Tech Development's Interest Expense was NT$-18 Mil. Its Operating Income was NT$1,447 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$4 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*1447.359/-18.263
=79.25

Co-Tech Development's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Co-Tech Development's Interest Expense was NT$-7 Mil. Its Operating Income was NT$487 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$4 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*487.147/-6.574
=74.10

* 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 74.10 mean?
Co-Tech Development (ROCO:8358) has a Interest Coverage of 74.10 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Co-Tech Development and its competitors. This is 64% above median its historical median of 45.09. Over the past decade, Co-Tech Development's Interest Coverage has ranged from 12.93 to 316.19. According to the industry distribution chart, Co-Tech Development ranks #361 out of 1677 companies in the Hardware industry, placing it in the top 21.5%.
Is Co-Tech Development's Interest Coverage too high?
Co-Tech Development's current Interest Coverage of 74.10 is 64% above median its 10-year median of 45.09. Over the past 10 years, this metric has ranged from a low of 12.93 to a high of 316.19. The Hardware industry median Interest Coverage is 13.68. Co-Tech Development's value of 74.10 is 441.7% above this industry median. Based on the distribution chart, Co-Tech Development ranks #361 out of 1677 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Co-Tech Development has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Co-Tech Development's Interest Coverage compare to APH and GLW?
According to the Hardware industry distribution chart, Co-Tech Development ranks #361 out of 1677 companies for Interest Coverage. This places Co-Tech Development in the top 22% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 13.68. Co-Tech Development's value of 74.10 is 441.7% above this benchmark. Historically, Co-Tech Development's own Interest Coverage has ranged from 12.93 to 316.19 over the past decade. While the company's 10-year median is 45.09 vs. the industry median of 13.68, Co-Tech Development 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. Co-Tech Development's current Interest Coverage of 74.10 is 441.7% 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 Co-Tech Development 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. Co-Tech Development's current Interest Coverage is 74.10, which is 64% above median its own 10-year median of 45.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Co-Tech Development stock overvalued right now?
Based on GuruFocus' analysis, Co-Tech Development (ROCO:8358) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$93.36, compared to a current price of NT$462.50 — trading 395.4% above its estimated fair value. The current Interest Coverage is 74.10, which is 64% above median its 10-year median of 45.09 and 441.7% above the Hardware industry median of 13.68. Co-Tech Development's overall GF Score™ is 75/100 with 2 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 Co-Tech Development (ROCO:8358), the current Interest Coverage is 74.10 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 Co-Tech Development (ROCO:8358) Overvalued in 2026?

Based on GuruFocus' analysis, Co-Tech Development stock appears to be overvalued. The current stock price of NT$462.50 is trading 395.4% above its estimated GF Value™ of NT$93.36. GuruFocus considers Co-Tech Development to be Significantly Overvalued.

Key valuation signals for ROCO:8358:

  • Interest Coverage: 74.10 (64% above median its 10-year median of 45.09)
  • GF Value™: NT$93.36 vs. price of NT$462.50 (395.4% above fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 441.7% above the Hardware median (#361 of 1677)

No single metric tells the full story. See the ROCO:8358 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Co-Tech Development Business Description

Address No. 392, Ruiguang Road, 18th Floor, Neihu District, Taipei, TWN, 114
Co-Tech Development Corp manufactures and sells standard, low profile and high-performance series of copper foil products to supply the printed circuit board industry. Its products include IT, 3C Products HDI, LED car lighting module, Server, Switch, Storage, Rigid-Flex PCB, Touch module, 3D face recognition, Automotive market, 5G Antenna Radar, ADAS, HDI / Rigid-Flex Board, Touch module, Wearable devices / VR, Augmented Reality, Mobile terminal, 3D face recognition, Communication module. The group has only copper foil segment operating in two principal geographical areas - Taiwan and China.
75GF Score

Get the complete analysis for ROCO:8358

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

NT$462.50
Price
NT$93.36
GF Value