Far Eastern New CenturyTPE:1402 77 Interest Coverage is 4.08 as of Dec. 2025, which is 7% below its 10-year median of 4.38. GuruFocus rates TPE:1402 with a GF Score™ of 77/100 and a GF Value™ of NT$33.16 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 733 Manufacturing - Apparel & Accessories companies, Far Eastern New Century ranks worse than 59.07% 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. Far Eastern New Century's
Operating Income
for the
three
months ended in Dec. 2025 was NT$4,660 Mil. Far Eastern New Century's Interest Expense for the
three
months ended in Dec. 2025 was NT$-1,141 Mil.
Far Eastern New Century's interest coverage for the quarter that ended in Dec. 2025 was 4.08.
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Far Eastern New Century Corp interest coverage is 3.63, which is low.
The historical rank and industry rank for Far Eastern New Century's Interest Coverage or its related term are showing as below:
TPE:1402'
s Interest Coverage Range Over the Past 10 Years
Min: 3.21 Med: 4.38 Max: 5.83
Current: 3.63
TPE:1402's Interest Coverage is ranked worse than 59.07% of 733
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.45
vs TPE:1402: 3.63
Far Eastern New Century (TPE:1402) 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 .
Far Eastern New Century Interest Coverage Related Terms
Far Eastern New Century Interest Coverage Historical Data
* Premium members only.
The historical data trend for Far Eastern New Century'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.
Far Eastern New Century Interest Coverage Competitor Comparison
For the Textile Manufacturing subindustry, Far Eastern New Century'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.
Far Eastern New Century Interest Coverage vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Far Eastern New Century's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Far Eastern New Century's Interest Coverage falls into.
Far Eastern New Century 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.
Far Eastern New Century (TPE:1402) has a Interest Coverage of 4.08 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Far Eastern New Century and its competitors. This is near median its historical median of 4.38. Over the past decade, Far Eastern New Century's Interest Coverage has ranged from 3.21 to 5.83. According to the industry distribution chart, Far Eastern New Century ranks #433 out of 733 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 59.1%.
Is Far Eastern New Century's Interest Coverage too high?
Far Eastern New Century's current Interest Coverage of 4.08 is near median its 10-year median of 4.38. Over the past 10 years, this metric has ranged from a low of 3.21 to a high of 5.83. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.45. Far Eastern New Century's value of 4.08 is 25.1% below this industry median. Based on the distribution chart, Far Eastern New Century ranks #433 out of 733 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Far Eastern New Century has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Far Eastern New Century's Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Far Eastern New Century ranks #433 out of 733 companies for Interest Coverage. This places Far Eastern New Century in the lower half of its industry. The industry median Interest Coverage is 5.45. Far Eastern New Century's value of 4.08 is 25.1% below this benchmark. Historically, Far Eastern New Century's own Interest Coverage has ranged from 3.21 to 5.83 over the past decade. While the company's 10-year median is 4.38 vs. the industry median of 5.45, Far Eastern New Century 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 Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.45, based on 733 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. Far Eastern New Century's current Interest Coverage of 4.08 is 25.1% 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 Far Eastern New Century and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Far Eastern New Century's current Interest Coverage is 4.08, which is near median its own 10-year median of 4.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Far Eastern New Century stock overvalued right now?
Based on GuruFocus' analysis, Far Eastern New Century (TPE:1402) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$33.16, compared to a current price of NT$27.45 — trading 17.2% below its estimated fair value. The current Interest Coverage is 4.08, which is near median its 10-year median of 4.38 and 25.1% below the Manufacturing - Apparel & Accessories industry median of 5.45. Far Eastern New Century's overall GF Score™ is 77/100 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 Far Eastern New Century (TPE:1402), the current Interest Coverage is 4.08 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 Far Eastern New Century (TPE:1402) Overvalued in 2026?
Based on GuruFocus' analysis, Far Eastern New Century stock appears to be undervalued.
The current stock price of NT$27.45 is trading 17.2% below its estimated GF Value™ of NT$33.16.
GuruFocus considers Far Eastern New Century to be Modestly Undervalued.
Key valuation signals for TPE:1402:
Interest Coverage: 4.08 (near median its 10-year median of 4.38)
GF Value™: NT$33.16 vs. price of NT$27.45 (17.2% below fair value)
Industry Position: 25.1% below the Manufacturing - Apparel & Accessories median (#433 of 733)
No single metric tells the full story. See the TPE:1402 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Far Eastern New Century Corp is a Taiwan-based industrial holding company with operations that span Taiwan, China and overseas. The company is organized into a business that includes manufacturing and selling polyester materials and semi-finished and finished textiles such as cotton, synthetic or blended fabrics, towels and bed sheets, and woven and knitted garments; PET (polyethylene terephthalate) bottles and sheets; and natural, synthetic or blended yarns and polyester textured yarns. It also does yarn, silk and cloth printing and dyeing. Its operating segments include: Investments in production business, which derives key revenue; telecommunication services business; property development business; and Investment and other business.
77GF Score
Get the complete analysis for TPE:1402
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