Iron Force Industrial CoTPE:2228 +0.11%91 Interest Coverage is 21.29 as of Dec. 2025, which is 61% below its 10-year median of 54.92. GuruFocus rates TPE:2228 with a GF Score™ of 91/100 and a GF Value™ of NT$92.64 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,067 Vehicles & Parts companies, Iron Force Industrial Co ranks better than 79.1% 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. Iron Force Industrial Co's
Operating Income
for the
three
months ended in Dec. 2025 was NT$80 Mil. Iron Force Industrial Co's Interest Expense for the
three
months ended in Dec. 2025 was NT$-4 Mil.
Iron Force Industrial Co's interest coverage for the quarter that ended in Dec. 2025 was 21.29.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Iron Force Industrial Co's Interest Coverage or its related term are showing as below:
TPE:2228'
s Interest Coverage Range Over the Past 10 Years
Min: 22.31 Med: 54.92 Max: 589.85
Current: 41.32
TPE:2228's Interest Coverage is ranked better than 79.1% of 1067
companies
in the Vehicles & Parts industry
Industry Median: 8.41
vs TPE:2228: 41.32
Iron Force Industrial Co (TPE:2228) 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 .
Iron Force Industrial Co Interest Coverage Related Terms
Iron Force Industrial Co Interest Coverage Historical Data
* 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.
TPE:2228 vs ORLY, AZO: Interest Coverage Comparison
For the Auto Parts subindustry, Iron Force Industrial 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.
Iron Force Industrial Co Interest Coverage vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Iron Force Industrial Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Iron Force Industrial Co's Interest Coverage falls into.
Iron Force Industrial 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:
* 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.
Iron Force Industrial Co (TPE:2228) has a Interest Coverage of 21.29 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Iron Force Industrial Co and its competitors. This is 61% below median its historical median of 54.92. Over the past decade, Iron Force Industrial Co's Interest Coverage has ranged from 22.31 to 589.85. According to the industry distribution chart, Iron Force Industrial Co ranks #223 out of 1067 companies in the Vehicles & Parts industry, placing it in the top 20.9%.
Is Iron Force Industrial Co's Interest Coverage too high?
Iron Force Industrial Co's current Interest Coverage of 21.29 is 61% below median its 10-year median of 54.92. Over the past 10 years, this metric has ranged from a low of 22.31 to a high of 589.85. The Vehicles & Parts industry median Interest Coverage is 8.41. Iron Force Industrial Co's value of 21.29 is 153.2% above this industry median. Based on the distribution chart, Iron Force Industrial Co ranks #223 out of 1067 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Iron Force Industrial Co has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Iron Force Industrial Co's Interest Coverage compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Iron Force Industrial Co ranks #223 out of 1067 companies for Interest Coverage. This places Iron Force Industrial Co in the top 21% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 8.41. Iron Force Industrial Co's value of 21.29 is 153.2% above this benchmark. Historically, Iron Force Industrial Co's own Interest Coverage has ranged from 22.31 to 589.85 over the past decade. While the company's 10-year median is 54.92 vs. the industry median of 8.41, Iron Force Industrial 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 Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.41, based on 1,067 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. Iron Force Industrial Co's current Interest Coverage of 21.29 is 153.2% 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 Iron Force Industrial Co and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iron Force Industrial Co's current Interest Coverage is 21.29, which is 61% below median its own 10-year median of 54.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iron Force Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Iron Force Industrial Co (TPE:2228) is currently considered Fairly Valued. The stock's GF Value™ is NT$92.64, compared to a current price of NT$87.80 — trading 5.2% below its estimated fair value. The current Interest Coverage is 21.29, which is 61% below median its 10-year median of 54.92 and 153.2% above the Vehicles & Parts industry median of 8.41. Iron Force Industrial Co's overall GF Score™ is 91/100 with 3 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 Iron Force Industrial Co (TPE:2228), the current Interest Coverage is 21.29 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 Iron Force Industrial Co (TPE:2228) Overvalued in 2026?
Based on GuruFocus' analysis, Iron Force Industrial Co stock appears to be undervalued.
The current stock price of NT$87.80 is trading 5.2% below its estimated GF Value™ of NT$92.64.
GuruFocus considers Iron Force Industrial Co to be Fairly Valued.
Key valuation signals for TPE:2228:
Interest Coverage: 21.29 (61% below median its 10-year median of 54.92)
GF Value™: NT$92.64 vs. price of NT$87.80 (5.2% below fair value)
Industry Position: 153.2% above the Vehicles & Parts median (#223 of 1067)
No single metric tells the full story. See the TPE:2228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Iron Force Industrial Co Ltd is a Taiwan-based company mainly engaged in manufacturing and trading airbag inflators for automotive safety systems, high-precision metal tubes for seatbelt retractor/pretensioner systems, and trading display fixtures and other metal parts. The majority of its revenue is generated from the manufacturing and sales of automotive safety components. Geographically, the company generates maximum revenue from Mainland China and the rest from Taiwan and Europe.
91GF Score
Get the complete analysis for TPE:2228
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