Thai Airways International PCLTAWNF -0.83%41 Interest Coverage is 4.16 as of Mar. 2026, which is 163% above its 10-year median of 1.58. GuruFocus rates TAWNF with a GF Score™ of 41/100 and a GF Value™ of $0.01 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 845 Transportation companies, Thai Airways International PCL ranks worse than 73.02% 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. Thai Airways International PCL's
Operating Income
for the
three
months ended in Mar. 2026 was $385 Mil. Thai Airways International PCL's Interest Expense for the
three
months ended in Mar. 2026 was $-93 Mil.
Thai Airways International PCL's interest coverage for the quarter that ended in Mar. 2026 was 4.16.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Thai Airways International PCL's Interest Coverage or its related term are showing as below:
TAWNF'
s Interest Coverage Range Over the Past 10 Years
Min: 0.54 Med: 1.58 Max: 2.64
Current: 2.64
TAWNF's Interest Coverage is ranked worse than 73.02% of 845
companies
in the Transportation industry
Industry Median: 5.66
vs TAWNF: 2.64
Thai Airways International PCL (OTCPK:TAWNF) 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 .
Thai Airways International PCL Interest Coverage Related Terms
Thai Airways International PCL Interest Coverage Historical Data
* 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.
Thai Airways International PCL Interest Coverage Chart
TAWNF vs DAL, UAL, LUV: Interest Coverage Comparison
For the Airlines subindustry, Thai Airways International PCL'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.
Thai Airways International PCL Interest Coverage vs Transportation Industry
For the Transportation industry and Industrials sector, Thai Airways International PCL's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Thai Airways International PCL's Interest Coverage falls into.
Thai Airways International PCL 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:
* 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.
Thai Airways International PCL (TAWNF) has a Interest Coverage of 4.16 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Thai Airways International PCL and its competitors. This is 163% above median its historical median of 1.58. Over the past decade, Thai Airways International PCL's Interest Coverage has ranged from 0.54 to 2.64. According to the industry distribution chart, Thai Airways International PCL ranks #617 out of 845 companies in the Transportation industry, placing it in the top 73%.
Is Thai Airways International PCL's Interest Coverage too high?
Thai Airways International PCL's current Interest Coverage of 4.16 is 163% above median its 10-year median of 1.58. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 2.64. The Transportation industry median Interest Coverage is 5.66. Thai Airways International PCL's value of 4.16 is 26.5% below this industry median. Based on the distribution chart, Thai Airways International PCL ranks #617 out of 845 companies in the Transportation industry, which is below the industry midpoint. Overall, Thai Airways International PCL has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Airways International PCL's Interest Coverage compare to DAL and UAL?
According to the Transportation industry distribution chart, Thai Airways International PCL ranks #617 out of 845 companies for Interest Coverage. This places Thai Airways International PCL in the lower half of its industry. The industry median Interest Coverage is 5.66. Thai Airways International PCL's value of 4.16 is 26.5% below this benchmark. Historically, Thai Airways International PCL's own Interest Coverage has ranged from 0.54 to 2.64 over the past decade. While the company's 10-year median is 1.58 vs. the industry median of 5.66, Thai Airways International PCL 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 Transportation company?
The median Interest Coverage among Transportation companies is 5.66, based on 845 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. Thai Airways International PCL's current Interest Coverage of 4.16 is 26.5% 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 Thai Airways International PCL and its competitors. For the Transportation industry, the median Interest Coverage is 5.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Airways International PCL's current Interest Coverage is 4.16, which is 163% above median its own 10-year median of 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Airways International PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Airways International PCL (TAWNF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.01, compared to a current price of $0.18 — trading 1685% above its estimated fair value. The current Interest Coverage is 4.16, which is 163% above median its 10-year median of 1.58 and 26.5% below the Transportation industry median of 5.66. Thai Airways International PCL's overall GF Score™ is 41/100 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 Thai Airways International PCL (TAWNF), the current Interest Coverage is 4.16 as of Mar. 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 Thai Airways International PCL (TAWNF) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Airways International PCL stock appears to be overvalued.
The current stock price of $0.18 is trading 1685% above its estimated GF Value™ of $0.01.
GuruFocus considers Thai Airways International PCL to be Significantly Overvalued.
Key valuation signals for TAWNF:
Interest Coverage: 4.16 (163% above median its 10-year median of 1.58)
GF Value™: $0.01 vs. price of $0.18 (1685% above fair value)
Industry Position: 26.5% below the Transportation median (#617 of 845)
No single metric tells the full story. See the TAWNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Airways International PCL Business Description
Thai Airways International PCL is a state-owned enterprise (Thailand) operating domestic, regional, and intercontinental flights. The company segments are Air Transport, Business Units, and Others. The air transport business focuses on the transportation of passengers, cargo, and mail, and utilizes scheduled and chartered flights to domestic and international destinations. The business units segment ensures all flights reach their destination on time and at the correct location, and offers support with cargo terminal handling, group equipment services, and catering services. The other segments include the sale of duty-free goods, the sale of souvenir products from the maintenance division, and the operation of subsidiaries. The majority of revenue originates from Asia from Air Transport.
41GF Score
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