Shihlin Electric & Engineering (TPE:1503) Interest Coverage: 346.83 (As of Mar. 2026) — 521% Above Median

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TPE:1503 Shihlin Electric & Engineering Corp TPE:1503
92 GF Score
Price NT$199.50
GF Value NT$207.93
Valuation Fairly Valued
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What is Shihlin Electric & Engineering Interest Coverage?

Shihlin Electric & Engineering TPE:1503 -1.97% 92 Interest Coverage is 346.83 as of Mar. 2026, which is 521% above its 10-year median of 55.85. GuruFocus rates TPE:1503 with a GF Score™ of 92/100 and a GF Value™ of NT$207.93 (Fairly Valued). Among 2,332 Industrial Products companies, Shihlin Electric & Engineering ranks better than 89.97% 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. Shihlin Electric & Engineering's Operating Income for the three months ended in Mar. 2026 was NT$1,856 Mil. Shihlin Electric & Engineering's Interest Expense for the three months ended in Mar. 2026 was NT$-5 Mil. Shihlin Electric & Engineering's interest coverage for the quarter that ended in Mar. 2026 was 346.83. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Shihlin Electric & Engineering Corp has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Shihlin Electric & Engineering's Interest Coverage or its related term are showing as below:

TPE:1503' s Interest Coverage Range Over the Past 10 Years
Min: 29.53   Med: 55.85   Max: 281.82
Current: 279.47


TPE:1503's Interest Coverage is ranked better than
89.97% of 2332 companies
in the Industrial Products industry
Industry Median: 14.63 vs TPE:1503: 279.47

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


Shihlin Electric & Engineering  (TPE:1503) 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 .


Shihlin Electric & Engineering Interest Coverage Related Terms


Shihlin Electric & Engineering Interest Coverage Historical Data

* Premium members only.

The historical data trend for Shihlin Electric & Engineering'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.

Shihlin Electric & Engineering Interest Coverage Chart

Shihlin Electric & Engineering 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 80.47 62.35 56.38 174.61 281.82

Shihlin Electric & Engineering Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 367.25 623.26 171.28 161.07 346.83

TPE:1503 vs VRT, BE: Interest Coverage Comparison

For the Electrical Equipment & Parts subindustry, Shihlin Electric & Engineering'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.


Shihlin Electric & Engineering Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shihlin Electric & Engineering's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Shihlin Electric & Engineering's Interest Coverage falls into.


TPE:1503
92GF Score
Shihlin Electric & Engineering Corp TPE:1503
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shihlin Electric & Engineering 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.

Shihlin Electric & Engineering'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, Shihlin Electric & Engineering's Interest Expense was NT$-15 Mil. Its Operating Income was NT$4,318 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$11 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*4318.277/-15.323
=281.82

Shihlin Electric & Engineering's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Shihlin Electric & Engineering's Interest Expense was NT$-5 Mil. Its Operating Income was NT$1,856 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$13 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1856.245/-5.352
=346.83

* 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 346.83 mean?
Shihlin Electric & Engineering (TPE:1503) has a Interest Coverage of 346.83 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shihlin Electric & Engineering and its competitors. This is 521% above median its historical median of 55.85. Over the past decade, Shihlin Electric & Engineering's Interest Coverage has ranged from 29.53 to 281.82. According to the industry distribution chart, Shihlin Electric & Engineering ranks #234 out of 2332 companies in the Industrial Products industry, placing it in the top 10%.
Is Shihlin Electric & Engineering's Interest Coverage too high?
Shihlin Electric & Engineering's current Interest Coverage of 346.83 is 521% above median its 10-year median of 55.85. Over the past 10 years, this metric has ranged from a low of 29.53 to a high of 281.82. The Industrial Products industry median Interest Coverage is 14.63. Shihlin Electric & Engineering's value of 346.83 is 2270.7% above this industry median. Based on the distribution chart, Shihlin Electric & Engineering ranks #234 out of 2332 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shihlin Electric & Engineering has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shihlin Electric & Engineering's Interest Coverage compare to VRT and BE?
According to the Industrial Products industry distribution chart, Shihlin Electric & Engineering ranks #234 out of 2332 companies for Interest Coverage. This places Shihlin Electric & Engineering in the top 10% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.63. Shihlin Electric & Engineering's value of 346.83 is 2270.7% above this benchmark. Historically, Shihlin Electric & Engineering's own Interest Coverage has ranged from 29.53 to 281.82 over the past decade. While the company's 10-year median is 55.85 vs. the industry median of 14.63, Shihlin Electric & Engineering 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.63, based on 2,332 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. Shihlin Electric & Engineering's current Interest Coverage of 346.83 is 2270.7% 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 Shihlin Electric & Engineering and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shihlin Electric & Engineering's current Interest Coverage is 346.83, which is 521% above median its own 10-year median of 55.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shihlin Electric & Engineering stock overvalued right now?
Based on GuruFocus' analysis, Shihlin Electric & Engineering (TPE:1503) is currently considered Fairly Valued. The stock's GF Value™ is NT$207.93, compared to a current price of NT$199.50 — trading 4.1% below its estimated fair value. The current Interest Coverage is 346.83, which is 521% above median its 10-year median of 55.85 and 2270.7% above the Industrial Products industry median of 14.63. Shihlin Electric & Engineering's overall GF Score™ is 92/100. 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 Shihlin Electric & Engineering (TPE:1503), the current Interest Coverage is 346.83 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 Shihlin Electric & Engineering (TPE:1503) Overvalued in 2026?

Based on GuruFocus' analysis, Shihlin Electric & Engineering stock appears to be undervalued. The current stock price of NT$199.50 is trading 4.1% below its estimated GF Value™ of NT$207.93. GuruFocus considers Shihlin Electric & Engineering to be Fairly Valued.

Key valuation signals for TPE:1503:

  • Interest Coverage: 346.83 (521% above median its 10-year median of 55.85)
  • GF Value™: NT$207.93 vs. price of NT$199.50 (4.1% below fair value)
  • GF Score™: 92/100
  • Industry Position: 2270.7% above the Industrial Products median (#234 of 2332)

No single metric tells the full story. See the TPE:1503 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shihlin Electric & Engineering Business Description

Address No. 88, Zhongshan North Road, Section 6, 16th Floor, Taipei, TWN, 111
Shihlin Electric & Engineering Corp is engaged in the manufacture of heavy electrical equipment, electrical machinery, electrical automotive equipment and related parts, and the sale and lease of commercial buildings. Its product portfolio comprises low-voltage switches, solar inverters, charging stations, power transformers, capacitors, switchboards, etc. The group has four reportable segments: Electric Distribution, Automobile Parts, Automation Equipment and Parts, and Other. The majority of its revenue is generated by the Electric Distribution segment, which manufactures and sells heavy electric equipment. Geographically, it generates maximum revenue from Taiwan, followed by Mainland China, Vietnam, and other regions.
92GF Score

Get the complete analysis for TPE:1503

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

NT$199.50
Price
NT$207.93
GF Value