Taiwan Glass Ind (TPE:1802) Interest Coverage: 5.57 (As of Mar. 2026) — 67% Above Median

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TPE:1802 Taiwan Glass Ind Corp TPE:1802
45 GF Score
Price NT$51.00
GF Value NT$18.84
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Taiwan Glass Ind Interest Coverage?

Taiwan Glass Ind TPE:1802 -6.08% 45 Interest Coverage is 5.57 as of Mar. 2026, which is 67% above its 10-year median of 3.34. GuruFocus rates TPE:1802 with a GF Score™ of 45/100 and a GF Value™ of NT$18.84 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 305 Building Materials companies, Taiwan Glass Ind ranks worse than 78.69% 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. Taiwan Glass Ind's Operating Income for the three months ended in Mar. 2026 was NT$820 Mil. Taiwan Glass Ind's Interest Expense for the three months ended in Mar. 2026 was NT$-147 Mil. Taiwan Glass Ind's interest coverage for the quarter that ended in Mar. 2026 was 5.57. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Taiwan Glass Ind's Interest Coverage or its related term are showing as below:

TPE:1802' s Interest Coverage Range Over the Past 10 Years
Min: 0.65   Med: 3.34   Max: 23.23
Current: 2.27


TPE:1802's Interest Coverage is ranked worse than
78.69% of 305 companies
in the Building Materials industry
Industry Median: 6.63 vs TPE:1802: 2.27

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


Taiwan Glass Ind  (TPE:1802) 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 .


Taiwan Glass Ind Interest Coverage Related Terms


Taiwan Glass Ind Interest Coverage Historical Data

* Premium members only.

The historical data trend for Taiwan Glass Ind'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.

Taiwan Glass Ind Interest Coverage Chart

Taiwan Glass Ind 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 23.23 0.00 0.00 0.00 0.65

Taiwan Glass Ind 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 0.00 0.00 1.01 3.60 5.57

TPE:1802 vs CRH, VMC, MLM: Interest Coverage Comparison

For the Building Materials subindustry, Taiwan Glass Ind'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.


Taiwan Glass Ind Interest Coverage vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Taiwan Glass Ind's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Taiwan Glass Ind's Interest Coverage falls into.


TPE:1802
45GF Score
Taiwan Glass Ind Corp TPE:1802
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Glass Ind 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.

Taiwan Glass Ind'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, Taiwan Glass Ind's Interest Expense was NT$-600 Mil. Its Operating Income was NT$389 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$9,408 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*388.616/-599.762
=0.65

Taiwan Glass Ind's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Taiwan Glass Ind's Interest Expense was NT$-147 Mil. Its Operating Income was NT$820 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$10,774 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*820.211/-147.325
=5.57

* 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 5.57 mean?
Taiwan Glass Ind (TPE:1802) has a Interest Coverage of 5.57 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Taiwan Glass Ind and its competitors. This is 67% above median its historical median of 3.34. Over the past decade, Taiwan Glass Ind's Interest Coverage has ranged from 0.65 to 23.23. According to the industry distribution chart, Taiwan Glass Ind ranks #240 out of 305 companies in the Building Materials industry, placing it in the top 78.7%.
Is Taiwan Glass Ind's Interest Coverage too high?
Taiwan Glass Ind's current Interest Coverage of 5.57 is 67% above median its 10-year median of 3.34. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 23.23. The Building Materials industry median Interest Coverage is 6.63. Taiwan Glass Ind's value of 5.57 is 16% below this industry median. Based on the distribution chart, Taiwan Glass Ind ranks #240 out of 305 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Taiwan Glass Ind has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Glass Ind's Interest Coverage compare to CRH and VMC?
According to the Building Materials industry distribution chart, Taiwan Glass Ind ranks #240 out of 305 companies for Interest Coverage. This places Taiwan Glass Ind in the lower half of its industry. The industry median Interest Coverage is 6.63. Taiwan Glass Ind's value of 5.57 is 16% below this benchmark. Historically, Taiwan Glass Ind's own Interest Coverage has ranged from 0.65 to 23.23 over the past decade. While the company's 10-year median is 3.34 vs. the industry median of 6.63, Taiwan Glass Ind 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 305 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. Taiwan Glass Ind's current Interest Coverage of 5.57 is 16% 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 Taiwan Glass Ind 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. Taiwan Glass Ind's current Interest Coverage is 5.57, which is 67% above median its own 10-year median of 3.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Glass Ind stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Glass Ind (TPE:1802) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$18.84, compared to a current price of NT$51.00 — trading 170.7% above its estimated fair value. The current Interest Coverage is 5.57, which is 67% above median its 10-year median of 3.34 and 16% below the Building Materials industry median of 6.63. Taiwan Glass Ind's overall GF Score™ is 45/100 with 5 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 Taiwan Glass Ind (TPE:1802), the current Interest Coverage is 5.57 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 Taiwan Glass Ind (TPE:1802) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Glass Ind stock appears to be overvalued. The current stock price of NT$51.00 is trading 170.7% above its estimated GF Value™ of NT$18.84. GuruFocus considers Taiwan Glass Ind to be Significantly Overvalued.

Key valuation signals for TPE:1802:

  • Interest Coverage: 5.57 (67% above median its 10-year median of 3.34)
  • GF Value™: NT$18.84 vs. price of NT$51.00 (170.7% above fair value)
  • GF Score™: 45/100 with 5 warning signs
  • Industry Position: 16% below the Building Materials median (#240 of 305)

No single metric tells the full story. See the TPE:1802 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Glass Ind Business Description

Address No. 261, Section 3, Nanjing East Road, 11th Floor, TG Building, Songshan District, Taipei, TWN, 105-405
Taiwan Glass Ind Corp is engaged in the manufacturing, processing, and selling of various glass products. Its products include flat glass, auto glass, ultra-thin glass, photoelectric glass, fiber glass, and containers, tableware & kitchenware. The company's segments include Flat Glass Segment, engaged in the manufacturing and selling of flat glass; Glass Container Segment, engaged in the manufacturing and selling of glass containers; and Glass Fiber Segment, engaged in the manufacturing and selling of glass fibers. It derives the majority of its revenue from the Flat Glass segment. Geographically, its operations are spread across Taiwan, China, and Other countries.
45GF Score

Get the complete analysis for TPE:1802

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

NT$51.00
Price
NT$18.84
GF Value