Taiwan MaskTPE:2338 -0.62%68 Interest Coverage is 0.23 as of Mar. 2026, which is 95% below its 10-year median of 4.30. GuruFocus rates TPE:2338 with a GF Score™ of 68/100 and a GF Value™ of NT$41.36 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 635 Semiconductors companies, Taiwan Mask ranks worse than 157480.16% 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 Mask's
Operating Income
for the
three
months ended in Mar. 2026 was NT$16 Mil. Taiwan Mask's Interest Expense for the
three
months ended in Mar. 2026 was NT$-71 Mil.
Taiwan Mask's interest coverage for the quarter that ended in Mar. 2026 was 0.23.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Taiwan Mask's Interest Coverage or its related term are showing as below:
TPE:2338's Interest Coverage is not ranked *
in the Semiconductors industry.
Industry Median: 20.32 * Ranked among companies with meaningful Interest Coverage only.
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 Mask Interest Coverage Related Terms
Taiwan Mask Interest Coverage Historical Data
* Premium members only.
The historical data trend for Taiwan Mask'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.
TPE:2338 vs AMAT, LRCX, KLAC: Interest Coverage Comparison
For the Semiconductor Equipment & Materials subindustry, Taiwan Mask'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 Mask Interest Coverage vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Taiwan Mask's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Taiwan Mask's Interest Coverage falls into.
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.
Taiwan Mask (TPE:2338) has a Interest Coverage of 0.23 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Taiwan Mask and its competitors. This is 95% below median its historical median of 4.30. According to the industry distribution chart, Taiwan Mask ranks #999999 out of 635 companies in the Semiconductors industry.
Is Taiwan Mask's Interest Coverage too high?
Taiwan Mask's current Interest Coverage of 0.23 is 95% below median its 10-year median of 4.30. The Semiconductors industry median Interest Coverage is 20.32. Taiwan Mask's value of 0.23 is 98.9% below this industry median. Based on the distribution chart, Taiwan Mask ranks #999999 out of 635 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Taiwan Mask has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Mask's Interest Coverage compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Taiwan Mask ranks #999999 out of 635 companies for Interest Coverage. This places Taiwan Mask in the lower half of its industry. The industry median Interest Coverage is 20.32. Taiwan Mask's value of 0.23 is 98.9% below this benchmark. While the company's 10-year median is 4.30 vs. the industry median of 20.32, Taiwan Mask 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 Semiconductors company?
The median Interest Coverage among Semiconductors companies is 20.32, based on 635 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 Mask's current Interest Coverage of 0.23 is 98.9% 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 Mask and its competitors. For the Semiconductors industry, the median Interest Coverage is 20.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Mask's current Interest Coverage is 0.23, which is 95% below median its own 10-year median of 4.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Mask stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Mask (TPE:2338) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$41.36, compared to a current price of NT$47.70 — trading 15.3% above its estimated fair value. The current Interest Coverage is 0.23, which is 95% below median its 10-year median of 4.30 and 98.9% below the Semiconductors industry median of 20.32. Taiwan Mask's overall GF Score™ is 68/100 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 Mask (TPE:2338), the current Interest Coverage is 0.23 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 Mask (TPE:2338) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Mask stock appears to be overvalued.
The current stock price of NT$47.70 is trading 15.3% above its estimated GF Value™ of NT$41.36.
GuruFocus considers Taiwan Mask to be Modestly Overvalued.
Key valuation signals for TPE:2338:
Interest Coverage: 0.23 (95% below median its 10-year median of 4.30)
GF Value™: NT$41.36 vs. price of NT$47.70 (15.3% above fair value)
Industry Position: 98.9% below the Semiconductors median (#999999 of 635)
No single metric tells the full story. See the TPE:2338 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Mask Corp manufactures and markets photomasks products for semiconductor production. The company also produces and sells products such as masks and integrated circuits used in semiconductors, and has a diversified sales base. The product segment of the company comprises Photomask and the semiconductor segment. The company generates its revenue from the Photomask and semiconductor segments.
68GF Score
Get the complete analysis for TPE:2338
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