Southeast Cement Co (TPE:1110) Interest Coverage: 5.53 (As of Dec. 2025) — 21% Below Median


TPE:1110 Southeast Cement Co Ltd TPE:1110
74 GF Score
Price NT$15.70
GF Value NT$25.48
Valuation Possible Value Trap
! 7 Warning Signs
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What is Southeast Cement Co Interest Coverage?

Southeast Cement Co TPE:1110 +1.29% 74 Interest Coverage is 5.53 as of Dec. 2025, which is 21% below its 10-year median of 7.01. GuruFocus rates TPE:1110 with a GF Score™ of 74/100 and a GF Value™ of NT$25.48 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 307 Building Materials companies, Southeast Cement Co ranks better than 52.44% 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. Southeast Cement Co's Operating Income for the three months ended in Dec. 2025 was NT$52 Mil. Southeast Cement Co's Interest Expense for the three months ended in Dec. 2025 was NT$-9 Mil. Southeast Cement Co's interest coverage for the quarter that ended in Dec. 2025 was 5.53. The higher the ratio, the stronger the company's financial strength is.

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

TPE:1110' s Interest Coverage Range Over the Past 10 Years
Min: 0.81   Med: 7.01   Max: 40.03
Current: 7.01


TPE:1110's Interest Coverage is ranked better than
52.44% of 307 companies
in the Building Materials industry
Industry Median: 6.63 vs TPE:1110: 7.01

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


Southeast Cement Co  (TPE:1110) 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 .


Southeast Cement Co Interest Coverage Related Terms


Southeast Cement Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Southeast Cement Co'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.

Southeast Cement Co Interest Coverage Chart

Southeast Cement Co 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 0.81 0.00 1.80 10.39 7.01

Southeast Cement Co 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 13.60 7.79 8.16 6.78 5.53

TPE:1110 vs CRH, VMC, MLM: Interest Coverage Comparison

For the Building Materials subindustry, Southeast Cement Co'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.


Southeast Cement Co Interest Coverage vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Southeast Cement Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Southeast Cement Co's Interest Coverage falls into.


TPE:1110
74GF Score
Southeast Cement Co Ltd TPE:1110
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Southeast Cement Co 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.

Southeast Cement Co'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, Southeast Cement Co's Interest Expense was NT$-35 Mil. Its Operating Income was NT$242 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$912 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*241.886/-34.52
=7.01

Southeast Cement Co's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Southeast Cement Co's Interest Expense was NT$-9 Mil. Its Operating Income was NT$52 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$912 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*51.916/-9.384
=5.53

* 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 5.53 mean?
Southeast Cement Co (TPE:1110) has a Interest Coverage of 5.53 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Southeast Cement Co and its competitors. This is 21% below median its historical median of 7.01. Over the past decade, Southeast Cement Co's Interest Coverage has ranged from 0.81 to 40.03. According to the industry distribution chart, Southeast Cement Co ranks #146 out of 307 companies in the Building Materials industry, placing it in the top 47.6%.
Is Southeast Cement Co's Interest Coverage too high?
Southeast Cement Co's current Interest Coverage of 5.53 is 21% below median its 10-year median of 7.01. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 40.03. The Building Materials industry median Interest Coverage is 6.63. Southeast Cement Co's value of 5.53 is 16.6% below this industry median. Based on the distribution chart, Southeast Cement Co ranks #146 out of 307 companies in the Building Materials industry, which is above the industry midpoint. Overall, Southeast Cement Co has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Southeast Cement Co's Interest Coverage compare to CRH and VMC?
According to the Building Materials industry distribution chart, Southeast Cement Co ranks #146 out of 307 companies for Interest Coverage. This puts Southeast Cement Co in the upper half of its industry. The industry median Interest Coverage is 6.63. Southeast Cement Co's value of 5.53 is 16.6% below this benchmark. Historically, Southeast Cement Co's own Interest Coverage has ranged from 0.81 to 40.03 over the past decade. While the company's 10-year median is 7.01 vs. the industry median of 6.63, Southeast Cement Co 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 Building Materials company?
The median Interest Coverage among Building Materials companies is 6.63, based on 307 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. Southeast Cement Co's current Interest Coverage of 5.53 is 16.6% 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 Southeast Cement Co and its competitors. For the Building Materials industry, the median Interest Coverage is 6.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southeast Cement Co's current Interest Coverage is 5.53, which is 21% below median its own 10-year median of 7.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southeast Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Southeast Cement Co (TPE:1110) is currently considered Possible Value Trap. The stock's GF Value™ is NT$25.48, compared to a current price of NT$15.70 — trading 38.4% below its estimated fair value. The current Interest Coverage is 5.53, which is 21% below median its 10-year median of 7.01 and 16.6% below the Building Materials industry median of 6.63. Southeast Cement Co's overall GF Score™ is 74/100 with 7 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 Southeast Cement Co (TPE:1110), the current Interest Coverage is 5.53 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 Southeast Cement Co (TPE:1110) Overvalued in 2026?

Based on GuruFocus' analysis, Southeast Cement Co stock appears to be undervalued. The current stock price of NT$15.70 is trading 38.4% below its estimated GF Value™ of NT$25.48. GuruFocus considers Southeast Cement Co to be Possible Value Trap.

Key valuation signals for TPE:1110:

  • Interest Coverage: 5.53 (21% below median its 10-year median of 7.01)
  • GF Value™: NT$25.48 vs. price of NT$15.70 (38.4% below fair value)
  • GF Score™: 74/100 with 7 warning signs
  • Industry Position: 16.6% below the Building Materials median (#146 of 307)

No single metric tells the full story. See the TPE:1110 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Southeast Cement Co Business Description

Address WuFu 3rd Road, No.21, 4th Floor - 1, Qianjin District, Kaohsiung City, TWN, 801
Southeast Cement Co Ltd is mainly engaged in the manufacturing and sale of cement-related products. Its main business activities include manufacturing and selling cement, furnace slag powder, cement processed products, and ready-mixed concrete. Its products include Bootland Type 1 Cement and Water-quenched Blast Furnace Slag Powder. The Company operates through four reportable segments: Production Department, which generates the maximum revenue and is engaged in the production and sales of cement and furnace slag powder; Lease Department, engaged in the rental business of properties such as land and factories; Construction Department, engaged in the construction of residences and sales business; and Engineering Department, engaged in contracting construction and engineering services.
74GF Score

Get the complete analysis for TPE:1110

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

NT$15.70
Price
NT$25.48
GF Value