CMC Magnetics (TPE:2323) Interest Coverage: 0 (At Loss) (As of Dec. 2025)


TPE:2323 CMC Magnetics Corp TPE:2323
62 GF Score
Price NT$11.55
GF Value NT$10.84
Valuation Fairly Valued
! 5 Warning Signs
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What is CMC Magnetics Interest Coverage?

CMC Magnetics TPE:2323 +5.00% 62 Interest Coverage is 0 (At Loss) as of Dec. 2025. GuruFocus rates TPE:2323 with a GF Score™ of 62/100 and a GF Value™ of NT$10.84 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,672 Hardware companies, CMC Magnetics ranks worse than 59808.55% 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. CMC Magnetics's Operating Income for the three months ended in Dec. 2025 was NT$-19 Mil. CMC Magnetics's Interest Expense for the three months ended in Dec. 2025 was NT$-46 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for CMC Magnetics's Interest Coverage or its related term are showing as below:


TPE:2323's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 13.73
* Ranked among companies with meaningful Interest Coverage only.

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


CMC Magnetics  (TPE:2323) 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 .


CMC Magnetics Interest Coverage Related Terms


CMC Magnetics Interest Coverage Historical Data

* Premium members only.

The historical data trend for CMC Magnetics'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.

CMC Magnetics Interest Coverage Chart

CMC Magnetics 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 0.00 0.00 0.00 0.00

CMC Magnetics 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 0.42 0.88 0.00

TPE:2323 vs SNDK, DELL, STX: Interest Coverage Comparison

For the Computer Hardware subindustry, CMC Magnetics'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.


CMC Magnetics Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, CMC Magnetics's Interest Coverage distribution charts can be found below:

* The bar in red indicates where CMC Magnetics's Interest Coverage falls into.


TPE:2323
62GF Score
CMC Magnetics Corp TPE:2323
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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CMC Magnetics 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.

CMC Magnetics'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, CMC Magnetics's Interest Expense was NT$-173 Mil. Its Operating Income was NT$-7 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$3,749 Mil.

CMC Magnetics did not have earnings to cover the interest expense.

CMC Magnetics's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, CMC Magnetics's Interest Expense was NT$-46 Mil. Its Operating Income was NT$-19 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$3,749 Mil.

CMC Magnetics did not have earnings to cover the 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.

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 0 (At Loss) mean?
CMC Magnetics (TPE:2323) has a Interest Coverage of 0 (At Loss) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on CMC Magnetics and its competitors. According to the industry distribution chart, CMC Magnetics ranks #999999 out of 1672 companies in the Hardware industry.
Is CMC Magnetics' Interest Coverage too high?
CMC Magnetics' current Interest Coverage is 0 (At Loss). Based on the distribution chart, CMC Magnetics ranks #999999 out of 1672 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, CMC Magnetics has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CMC Magnetics' Interest Coverage compare to SNDK and DELL?
According to the Hardware industry distribution chart, CMC Magnetics ranks #999999 out of 1672 companies for Interest Coverage. This places CMC Magnetics in the lower half of its industry. The industry median Interest Coverage is 13.73. 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 Hardware company?
The median Interest Coverage among Hardware companies is 13.73, based on 1,672 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. 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 CMC Magnetics and its competitors. For the Hardware industry, the median Interest Coverage is 13.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMC Magnetics's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMC Magnetics stock overvalued right now?
Based on GuruFocus' analysis, CMC Magnetics (TPE:2323) is currently considered Fairly Valued. The stock's GF Value™ is NT$10.84, compared to a current price of NT$11.55 — trading 6.5% above its estimated fair value. The current Interest Coverage is 0 (At Loss). CMC Magnetics' overall GF Score™ is 62/100 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 CMC Magnetics (TPE:2323), the current Interest Coverage is 0 (At Loss) 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 CMC Magnetics (TPE:2323) Overvalued in 2026?

Based on GuruFocus' analysis, CMC Magnetics stock appears to be overvalued. The current stock price of NT$11.55 is trading 6.5% above its estimated GF Value™ of NT$10.84. GuruFocus considers CMC Magnetics to be Fairly Valued.

Key valuation signals for TPE:2323:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: NT$10.84 vs. price of NT$11.55 (6.5% above fair value)
  • GF Score™: 62/100 with 5 warning signs

No single metric tells the full story. See the TPE:2323 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CMC Magnetics Business Description

Address No. 53, Minquan West Road, 15th Floor, Zhongshan District, Taipei City, TWN, 104026
CMC Magnetics Corp is mainly engaged in the manufacturing and sale of consumer electronic products, including optical discs, as well as the acquisition of film agency rights and the production and distribution of digital discs and Blu-ray discs for sales. Its products include M-disc, CMC Pro, HP CD, and data storage products. Its segments are: the Storage Media segment, which generates the maximum revenue and is engaged in the manufacturing and sale of consumer electronic products, including optical discs; the Other Optoelectronic segment, which manufactures and sells panels; the Investment segment, which invests in various businesses; and the Other Segment. Europe generates the maximum revenue for the Group.
62GF Score

Get the complete analysis for TPE:2323

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

NT$11.55
Price
NT$10.84
GF Value