Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Universal CementTPE:1104 +0.19%84 Interest Coverage is 16.44 as of Mar. 2026, which is 1% below its 10-year median of 16.65. GuruFocus rates TPE:1104 with a GF Score™ of 84/100 and a GF Value™ of NT$29.68 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 303 Building Materials companies, Universal Cement ranks better than 71.62% 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. Universal Cement's
Operating Income
for the
three
months ended in Mar. 2026 was NT$287 Mil. Universal Cement's Interest Expense for the
three
months ended in Mar. 2026 was NT$-17 Mil.
Universal Cement's interest coverage for the quarter that ended in Mar. 2026 was 16.44.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Universal Cement's Interest Coverage or its related term are showing as below:
TPE:1104'
s Interest Coverage Range Over the Past 10 Years
Min: 5.23 Med: 16.65 Max: 24.58
Current: 20.43
TPE:1104's Interest Coverage is ranked better than 71.62% of 303
companies
in the Building Materials industry
Industry Median: 7.26
vs TPE:1104: 20.43
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 .
Universal Cement Interest Coverage Related Terms
Universal Cement Interest Coverage Historical Data
* Premium members only.
The historical data trend for Universal Cement'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.
TPE:1104 vs CRH, VMC, MLM: Interest Coverage Comparison
For the Building Materials subindustry, Universal Cement'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.
Universal Cement Interest Coverage vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Universal Cement's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Universal Cement's Interest Coverage falls into.
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.
Universal Cement (TPE:1104) has a Interest Coverage of 16.44 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Universal Cement and its competitors. This is near median its historical median of 16.65. Over the past decade, Universal Cement's Interest Coverage has ranged from 5.23 to 24.58. According to the industry distribution chart, Universal Cement ranks #86 out of 303 companies in the Building Materials industry, placing it in the top 28.4%.
Is Universal Cement's Interest Coverage too high?
Universal Cement's current Interest Coverage of 16.44 is near median its 10-year median of 16.65. Over the past 10 years, this metric has ranged from a low of 5.23 to a high of 24.58. The Building Materials industry median Interest Coverage is 7.26. Universal Cement's value of 16.44 is 126.4% above this industry median. Based on the distribution chart, Universal Cement ranks #86 out of 303 companies in the Building Materials industry, which is above the industry midpoint. Overall, Universal Cement has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Universal Cement's Interest Coverage compare to CRH and VMC?
According to the Building Materials industry distribution chart, Universal Cement ranks #86 out of 303 companies for Interest Coverage. This puts Universal Cement in the upper half of its industry. The industry median Interest Coverage is 7.26. Universal Cement's value of 16.44 is 126.4% above this benchmark. Historically, Universal Cement's own Interest Coverage has ranged from 5.23 to 24.58 over the past decade. While the company's 10-year median is 16.65 vs. the industry median of 7.26, Universal Cement 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 Building Materials company?
The median Interest Coverage among Building Materials companies is 7.26, based on 303 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. Universal Cement's current Interest Coverage of 16.44 is 126.4% 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 Universal Cement and its competitors. For the Building Materials industry, the median Interest Coverage is 7.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Universal Cement's current Interest Coverage is 16.44, which is near median its own 10-year median of 16.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Universal Cement stock overvalued right now?
Based on GuruFocus' analysis, Universal Cement (TPE:1104) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$29.68, compared to a current price of NT$26.85 — trading 9.5% below its estimated fair value. The current Interest Coverage is 16.44, which is near median its 10-year median of 16.65 and 126.4% above the Building Materials industry median of 7.26. Universal Cement's overall GF Score™ is 84/100 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 Universal Cement (TPE:1104), the current Interest Coverage is 16.44 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 Universal Cement (TPE:1104) Overvalued in 2026?
Based on GuruFocus' analysis, Universal Cement stock appears to be undervalued.
The current stock price of NT$26.85 is trading 9.5% below its estimated GF Value™ of NT$29.68.
GuruFocus considers Universal Cement to be Modestly Undervalued.
Key valuation signals for TPE:1104:
Interest Coverage: 16.44 (near median its 10-year median of 16.65)
GF Value™: NT$29.68 vs. price of NT$26.85 (9.5% below fair value)
Industry Position: 126.4% above the Building Materials median (#86 of 303)
No single metric tells the full story. See the TPE:1104 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Universal Cement Corporation is a Taiwan-based company predominantly engaged in manufacturing and selling cement and related construction materials. The company's reportable segments include Building materials and others. The majority of its revenue is generated from the building materials segment which is engaged in manufacturing and selling cement, concrete, and gypsum board. Geographically, key revenue for the company is derived from Taiwan.
84GF Score
Get the complete analysis for TPE:1104
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:1104 has been successfully added to your 
