Sheng Yu Steel Co (TPE:2029) Interest Coverage: 82.04 (As of Dec. 2025) — 46% Below Median


TPE:2029 Sheng Yu Steel Co Ltd TPE:2029
83 GF Score
Price NT$20.70
GF Value NT$26.48
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Sheng Yu Steel Co Interest Coverage?

Sheng Yu Steel Co TPE:2029 +0.49% 83 Interest Coverage is 82.04 as of Dec. 2025, which is 46% below its 10-year median of 151.56. GuruFocus rates TPE:2029 with a GF Score™ of 83/100 and a GF Value™ of NT$26.48 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 456 Steel companies, Sheng Yu Steel Co ranks better than 84.87% 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. Sheng Yu Steel Co's Operating Income for the three months ended in Dec. 2025 was NT$109 Mil. Sheng Yu Steel Co's Interest Expense for the three months ended in Dec. 2025 was NT$-1 Mil. Sheng Yu Steel Co's interest coverage for the quarter that ended in Dec. 2025 was 82.04. 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. Sheng Yu Steel Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

TPE:2029' s Interest Coverage Range Over the Past 10 Years
Min: 10.72   Med: 151.56   Max: 358.18
Current: 52.15


TPE:2029's Interest Coverage is ranked better than
84.87% of 456 companies
in the Steel industry
Industry Median: 4.445 vs TPE:2029: 52.15

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


Sheng Yu Steel Co  (TPE:2029) 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 .


Sheng Yu Steel Co Interest Coverage Related Terms


Sheng Yu Steel Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Sheng Yu Steel 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.

Sheng Yu Steel Co Interest Coverage Chart

Sheng Yu Steel 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 248.35 121.60 227.58 181.52 52.15

Sheng Yu Steel 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 158.36 138.98 31.85 0.00 82.04

TPE:2029 vs NUE, STLD, RS: Interest Coverage Comparison

For the Steel subindustry, Sheng Yu Steel 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.


Sheng Yu Steel Co Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, Sheng Yu Steel Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sheng Yu Steel Co's Interest Coverage falls into.


TPE:2029
83GF Score
Sheng Yu Steel Co Ltd TPE:2029
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sheng Yu Steel 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.

Sheng Yu Steel 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, Sheng Yu Steel Co's Interest Expense was NT$-6 Mil. Its Operating Income was NT$294 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$10 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*293.991/-5.637
=52.15

Sheng Yu Steel Co's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Sheng Yu Steel Co's Interest Expense was NT$-1 Mil. Its Operating Income was NT$109 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$10 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*108.627/-1.324
=82.04

* 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 82.04 mean?
Sheng Yu Steel Co (TPE:2029) has a Interest Coverage of 82.04 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sheng Yu Steel Co and its competitors. This is 46% below median its historical median of 151.56. Over the past decade, Sheng Yu Steel Co's Interest Coverage has ranged from 10.72 to 358.18. According to the industry distribution chart, Sheng Yu Steel Co ranks #69 out of 456 companies in the Steel industry, placing it in the top 15.1%.
Is Sheng Yu Steel Co's Interest Coverage too high?
Sheng Yu Steel Co's current Interest Coverage of 82.04 is 46% below median its 10-year median of 151.56. Over the past 10 years, this metric has ranged from a low of 10.72 to a high of 358.18. The Steel industry median Interest Coverage is 4.45. Sheng Yu Steel Co's value of 82.04 is 1745.7% above this industry median. Based on the distribution chart, Sheng Yu Steel Co ranks #69 out of 456 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Sheng Yu Steel Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sheng Yu Steel Co's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Sheng Yu Steel Co ranks #69 out of 456 companies for Interest Coverage. This places Sheng Yu Steel Co in the top 15% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.45. Sheng Yu Steel Co's value of 82.04 is 1745.7% above this benchmark. Historically, Sheng Yu Steel Co's own Interest Coverage has ranged from 10.72 to 358.18 over the past decade. While the company's 10-year median is 151.56 vs. the industry median of 4.45, Sheng Yu Steel 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 Steel company?
The median Interest Coverage among Steel companies is 4.45, based on 456 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. Sheng Yu Steel Co's current Interest Coverage of 82.04 is 1745.7% 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 Sheng Yu Steel Co and its competitors. For the Steel industry, the median Interest Coverage is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sheng Yu Steel Co's current Interest Coverage is 82.04, which is 46% below median its own 10-year median of 151.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sheng Yu Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Sheng Yu Steel Co (TPE:2029) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$26.48, compared to a current price of NT$20.70 — trading 21.8% below its estimated fair value. The current Interest Coverage is 82.04, which is 46% below median its 10-year median of 151.56 and 1745.7% above the Steel industry median of 4.45. Sheng Yu Steel Co's overall GF Score™ is 83/100 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 Sheng Yu Steel Co (TPE:2029), the current Interest Coverage is 82.04 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 Sheng Yu Steel Co (TPE:2029) Overvalued in 2026?

Based on GuruFocus' analysis, Sheng Yu Steel Co stock appears to be undervalued. The current stock price of NT$20.70 is trading 21.8% below its estimated GF Value™ of NT$26.48. GuruFocus considers Sheng Yu Steel Co to be Modestly Undervalued.

Key valuation signals for TPE:2029:

  • Interest Coverage: 82.04 (46% below median its 10-year median of 151.56)
  • GF Value™: NT$26.48 vs. price of NT$20.70 (21.8% below fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 1745.7% above the Steel median (#69 of 456)

No single metric tells the full story. See the TPE:2029 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sheng Yu Steel Co Business Description

Address No.11, Zhonglin Road, Xiaogang District, Kaohsiung, TWN, 812039
Sheng Yu Steel Co Ltd is engaged in the steel industry. The company manufactures, processes, and sells cold-rolled, galvanized, and prepainted steel coils. The company also purchases and resells various steel products.
83GF Score

Get the complete analysis for TPE:2029

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

NT$20.70
Price
NT$26.48
GF Value