SanDi Properties Co (TPE:1438) Interest Coverage: 9.88 (As of Dec. 2025) — 100% Below Median


TPE:1438 SanDi Properties Co Ltd TPE:1438
49 GF Score
Price NT$21.95
GF Value NT$59.78
Valuation Possible Value Trap
! 9 Warning Signs
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What is SanDi Properties Co Interest Coverage?

SanDi Properties Co TPE:1438 49 Interest Coverage is 9.88 as of Dec. 2025, which is 100% below its 10-year median of 10,000.00. GuruFocus rates TPE:1438 with a GF Score™ of 49/100 and a GF Value™ of NT$59.78 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,302 Real Estate companies, SanDi Properties Co ranks worse than 60.83% 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. SanDi Properties Co's Operating Income for the three months ended in Dec. 2025 was NT$321 Mil. SanDi Properties Co's Interest Expense for the three months ended in Dec. 2025 was NT$-32 Mil. SanDi Properties Co's interest coverage for the quarter that ended in Dec. 2025 was 9.88. 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. SanDi Properties Co Ltd interest coverage is 2.74, which is low.

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

TPE:1438' s Interest Coverage Range Over the Past 10 Years
Min: 0.27   Med: No Debt   Max: 11500.75
Current: 2.74


TPE:1438's Interest Coverage is ranked worse than
60.83% of 1302 companies
in the Real Estate industry
Industry Median: 4.245 vs TPE:1438: 2.74

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


SanDi Properties Co  (TPE:1438) 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 .


SanDi Properties Co Interest Coverage Related Terms


SanDi Properties Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for SanDi Properties 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.

SanDi Properties Co Interest Coverage Chart

SanDi Properties 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 0.00 7.09 0.27 0.00 2.74

SanDi Properties 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 0.00 0.00 0.00 0.00 9.88

SanDi Properties Co Interest Coverage Competitor Comparison

For the Real Estate - Diversified subindustry, SanDi Properties 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.


SanDi Properties Co Interest Coverage vs Real Estate Industry

For the Real Estate industry and Real Estate sector, SanDi Properties Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where SanDi Properties Co's Interest Coverage falls into.


TPE:1438
49GF Score
SanDi Properties Co Ltd TPE:1438
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SanDi Properties 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.

SanDi Properties 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, SanDi Properties Co's Interest Expense was NT$-110 Mil. Its Operating Income was NT$301 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$1,134 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*300.745/-109.954
=2.74

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

Here, for the three months ended in Dec. 2025, SanDi Properties Co's Interest Expense was NT$-32 Mil. Its Operating Income was NT$321 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$1,134 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*320.638/-32.443
=9.88

* 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 9.88 mean?
SanDi Properties Co (TPE:1438) has a Interest Coverage of 9.88 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on SanDi Properties Co and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, SanDi Properties Co's Interest Coverage has ranged from 0.27 to 11,500.75. According to the industry distribution chart, SanDi Properties Co ranks #792 out of 1302 companies in the Real Estate industry, placing it in the top 60.8%.
Is SanDi Properties Co's Interest Coverage too high?
SanDi Properties Co's current Interest Coverage of 9.88 is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 11,500.75. The Real Estate industry median Interest Coverage is 4.25. SanDi Properties Co's value of 9.88 is 132.7% above this industry median. Based on the distribution chart, SanDi Properties Co ranks #792 out of 1302 companies in the Real Estate industry, which is below the industry midpoint. Overall, SanDi Properties Co has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SanDi Properties Co's Interest Coverage compare to competitors?
According to the Real Estate industry distribution chart, SanDi Properties Co ranks #792 out of 1302 companies for Interest Coverage. This places SanDi Properties Co in the lower half of its industry. The industry median Interest Coverage is 4.25. SanDi Properties Co's value of 9.88 is 132.7% above this benchmark. Historically, SanDi Properties Co's own Interest Coverage has ranged from 0.27 to 11,500.75 over the past decade. While the company's 10-year median is 10,000.00 vs. the industry median of 4.25, SanDi Properties Co 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 Real Estate company?
The median Interest Coverage among Real Estate companies is 4.25, based on 1,302 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. SanDi Properties Co's current Interest Coverage of 9.88 is 132.7% 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 SanDi Properties Co and its competitors. For the Real Estate industry, the median Interest Coverage is 4.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SanDi Properties Co's current Interest Coverage is 9.88, which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SanDi Properties Co stock overvalued right now?
Based on GuruFocus' analysis, SanDi Properties Co (TPE:1438) is currently considered Possible Value Trap. The stock's GF Value™ is NT$59.78, compared to a current price of NT$21.95 — trading 63.3% below its estimated fair value. The current Interest Coverage is 9.88, which is 100% below median its 10-year median of 10,000.00 and 132.7% above the Real Estate industry median of 4.25. SanDi Properties Co's overall GF Score™ is 49/100 with 9 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 SanDi Properties Co (TPE:1438), the current Interest Coverage is 9.88 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 SanDi Properties Co (TPE:1438) Overvalued in 2026?

Based on GuruFocus' analysis, SanDi Properties Co stock appears to be undervalued. The current stock price of NT$21.95 is trading 63.3% below its estimated GF Value™ of NT$59.78. GuruFocus considers SanDi Properties Co to be Possible Value Trap.

Key valuation signals for TPE:1438:

  • Interest Coverage: 9.88 (100% below median its 10-year median of 10,000.00)
  • GF Value™: NT$59.78 vs. price of NT$21.95 (63.3% below fair value)
  • GF Score™: 49/100 with 9 warning signs
  • Industry Position: 132.7% above the Real Estate median (#792 of 1302)

No single metric tells the full story. See the TPE:1438 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SanDi Properties Co Business Description

Address No. 175, Zhongzheng 2nd Road, 16th Floor-3, Lingya District, Kaohsiung, TWN, 802406
SanDi Properties Co Ltd, is engaged in the construction of commercial buildings, industrial buildings, residential rental and sales business, and real estate trading business. The company generates a majority of revenue from Taiwan.
49GF Score

Get the complete analysis for TPE:1438

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

NT$21.95
Price
NT$59.78
GF Value