Stamford Tyres (SGX:S29) Interest Coverage: 1.65 (As of Apr. 2026) — Near Median

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SGX:S29 Stamford Tyres Corp Ltd SGX:S29
49 GF Score
Price S$0.19
GF Value S$0.19
Valuation Fairly Valued
! 6 Warning Signs
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What is Stamford Tyres Interest Coverage?

Stamford Tyres SGX:S29 49 Interest Coverage is 1.65 as of Apr. 2026, which is 6% below its 10-year median of 1.76. GuruFocus rates SGX:S29 with a GF Score™ of 49/100 and a GF Value™ of S$0.19 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,068 Vehicles & Parts companies, Stamford Tyres ranks worse than 89.23% 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. Stamford Tyres's Operating Income for the six months ended in Apr. 2026 was S$2.8 Mil. Stamford Tyres's Interest Expense for the six months ended in Apr. 2026 was S$-1.7 Mil. Stamford Tyres's interest coverage for the quarter that ended in Apr. 2026 was 1.65. The higher the ratio, the stronger the company's financial strength is.

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

SGX:S29' s Interest Coverage Range Over the Past 10 Years
Min: 0.73   Med: 1.76   Max: 2.99
Current: 1.36


SGX:S29's Interest Coverage is ranked worse than
89.23% of 1068 companies
in the Vehicles & Parts industry
Industry Median: 8.335 vs SGX:S29: 1.36

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


Stamford Tyres  (SGX:S29) 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 .


Stamford Tyres Interest Coverage Related Terms


Stamford Tyres Interest Coverage Historical Data

* Premium members only.

The historical data trend for Stamford Tyres'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.

Stamford Tyres Interest Coverage Chart

Stamford Tyres Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.42 1.81 1.70 1.21 1.36

Stamford Tyres Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 2.29 1.14 1.27 1.14 1.65

SGX:S29 vs ORLY, AZO, GPC: Interest Coverage Comparison

For the Auto Parts subindustry, Stamford Tyres'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.


Stamford Tyres Interest Coverage vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Stamford Tyres's Interest Coverage distribution charts can be found below:

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


SGX:S29
49GF Score
Stamford Tyres Corp Ltd SGX:S29
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Stamford Tyres 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.

Stamford Tyres's Interest Coverage for the fiscal year that ended in Apr. 2026 is calculated as

Here, for the fiscal year that ended in Apr. 2026, Stamford Tyres's Interest Expense was S$-3.9 Mil. Its Operating Income was S$5.4 Mil. And its Long-Term Debt & Capital Lease Obligation was S$20.2 Mil.

Interest Coverage=-1* Operating Income (A: Apr. 2026 )/Interest Expense (A: Apr. 2026 )
=-1*5.375/-3.943
=1.36

Stamford Tyres's Interest Coverage for the quarter that ended in Apr. 2026 is calculated as

Here, for the six months ended in Apr. 2026, Stamford Tyres's Interest Expense was S$-1.7 Mil. Its Operating Income was S$2.8 Mil. And its Long-Term Debt & Capital Lease Obligation was S$20.2 Mil.

Interest Coverage=-1* Operating Income (Q: Apr. 2026 )/Interest Expense (Q: Apr. 2026 )
=-1*2.836/-1.715
=1.65

* 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 1.65 mean?
Stamford Tyres (SGX:S29) has a Interest Coverage of 1.65 as of Apr. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Stamford Tyres and its competitors. This is near median its historical median of 1.76. Over the past decade, Stamford Tyres' Interest Coverage has ranged from 0.73 to 2.99. According to the industry distribution chart, Stamford Tyres ranks #953 out of 1068 companies in the Vehicles & Parts industry, placing it in the top 89.2%.
Is Stamford Tyres' Interest Coverage too high?
Stamford Tyres' current Interest Coverage of 1.65 is near median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 2.99. The Vehicles & Parts industry median Interest Coverage is 8.34. Stamford Tyres' value of 1.65 is 80.2% below this industry median. Based on the distribution chart, Stamford Tyres ranks #953 out of 1068 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Stamford Tyres has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Stamford Tyres' Interest Coverage compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Stamford Tyres ranks #953 out of 1068 companies for Interest Coverage. This places Stamford Tyres in the lower half of its industry. The industry median Interest Coverage is 8.34. Stamford Tyres' value of 1.65 is 80.2% below this benchmark. Historically, Stamford Tyres' own Interest Coverage has ranged from 0.73 to 2.99 over the past decade. While the company's 10-year median is 1.76 vs. the industry median of 8.34, Stamford Tyres 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 Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.34, based on 1,068 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. Stamford Tyres's current Interest Coverage of 1.65 is 80.2% 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 Stamford Tyres and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stamford Tyres's current Interest Coverage is 1.65, which is near median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stamford Tyres stock overvalued right now?
Based on GuruFocus' analysis, Stamford Tyres (SGX:S29) is currently considered Fairly Valued. The stock's GF Value™ is S$0.19, compared to a current price of S$0.19 — trading right at its estimated fair value. The current Interest Coverage is 1.65, which is near median its 10-year median of 1.76 and 80.2% below the Vehicles & Parts industry median of 8.34. Stamford Tyres' overall GF Score™ is 49/100 with 6 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 Stamford Tyres (SGX:S29), the current Interest Coverage is 1.65 as of Apr. 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 Stamford Tyres (SGX:S29) Overvalued in 2026?

Based on GuruFocus' analysis, Stamford Tyres stock appears to be undervalued. The current stock price of S$0.19 is trading 0% below its estimated GF Value™ of S$0.19. GuruFocus considers Stamford Tyres to be Fairly Valued.

Key valuation signals for SGX:S29:

  • Interest Coverage: 1.65 (near median its 10-year median of 1.76)
  • GF Value™: S$0.19 vs. price of S$0.19 (0% below fair value)
  • GF Score™: 49/100 with 6 warning signs
  • Industry Position: 80.2% below the Vehicles & Parts median (#953 of 1068)

No single metric tells the full story. See the SGX:S29 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Stamford Tyres Business Description

Address 19 Lok Yang Way, Jurong, Singapore, SGP, 628635
Stamford Tyres Corp Ltd is an investment holding company. The company is engaged in retailing and distribution of tyres and wheels, design and contract manufacturing of tyres for proprietary brands as well as tyre retreading, equipment trading, servicing of motor vehicles, and manufacturing and sale of aluminium alloy wheels. The company's geographical segment includes South East Asia, North Asia, Africa, and Others. It generates maximum revenue from South East Asia.
49GF Score

Get the complete analysis for SGX:S29

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

S$0.19
Price
S$0.19
GF Value