Good Will Instrument CoTPE:2423 +2.09%75 Interest Coverage is 221.98 as of Dec. 2025, which is 63% above its 10-year median of 135.84. GuruFocus rates TPE:2423 with a GF Score™ of 75/100 and a GF Value™ of NT$41.45 (Significantly Overvalued). Among 1,672 Hardware companies, Good Will Instrument Co ranks better than 89.95% 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. Good Will Instrument Co's
Operating Income
for the
three
months ended in Dec. 2025 was NT$154 Mil. Good Will Instrument Co's Interest Expense for the
three
months ended in Dec. 2025 was NT$-1 Mil.
Good Will Instrument Co's interest coverage for the quarter that ended in Dec. 2025 was 221.98.
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. Good Will Instrument Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Good Will Instrument Co's Interest Coverage or its related term are showing as below:
TPE:2423'
s Interest Coverage Range Over the Past 10 Years
Min: 101.37 Med: 135.84 Max: 479.14
Current: 282.3
TPE:2423's Interest Coverage is ranked better than 89.95% of 1672
companies
in the Hardware industry
Industry Median: 13.73
vs TPE:2423: 282.30
Good Will Instrument Co (TPE:2423) 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 .
Good Will Instrument Co Interest Coverage Related Terms
Good Will Instrument Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Good Will Instrument 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.
TPE:2423 vs COHR, KEYS, GRMN: Interest Coverage Comparison
For the Scientific & Technical Instruments subindustry, Good Will Instrument 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.
Good Will Instrument Co Interest Coverage vs Hardware Industry
For the Hardware industry and Technology sector, Good Will Instrument Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Good Will Instrument Co's Interest Coverage falls into.
Good Will Instrument 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.
Good Will Instrument Co (TPE:2423) has a Interest Coverage of 221.98 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Good Will Instrument Co and its competitors. This is 63% above median its historical median of 135.84. Over the past decade, Good Will Instrument Co's Interest Coverage has ranged from 101.37 to 479.14. According to the industry distribution chart, Good Will Instrument Co ranks #168 out of 1672 companies in the Hardware industry, placing it in the top 10%.
Is Good Will Instrument Co's Interest Coverage too high?
Good Will Instrument Co's current Interest Coverage of 221.98 is 63% above median its 10-year median of 135.84. Over the past 10 years, this metric has ranged from a low of 101.37 to a high of 479.14. The Hardware industry median Interest Coverage is 13.73. Good Will Instrument Co's value of 221.98 is 1516.8% above this industry median. Based on the distribution chart, Good Will Instrument Co ranks #168 out of 1672 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Good Will Instrument Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Good Will Instrument Co's Interest Coverage compare to COHR and KEYS?
According to the Hardware industry distribution chart, Good Will Instrument Co ranks #168 out of 1672 companies for Interest Coverage. This places Good Will Instrument Co in the top 10% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 13.73. Good Will Instrument Co's value of 221.98 is 1516.8% above this benchmark. Historically, Good Will Instrument Co's own Interest Coverage has ranged from 101.37 to 479.14 over the past decade. While the company's 10-year median is 135.84 vs. the industry median of 13.73, Good Will Instrument 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 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. Good Will Instrument Co's current Interest Coverage of 221.98 is 1516.8% 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 Good Will Instrument Co 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. Good Will Instrument Co's current Interest Coverage is 221.98, which is 63% above median its own 10-year median of 135.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Good Will Instrument Co stock overvalued right now?
Based on GuruFocus' analysis, Good Will Instrument Co (TPE:2423) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$41.45, compared to a current price of NT$73.20 — trading 76.6% above its estimated fair value. The current Interest Coverage is 221.98, which is 63% above median its 10-year median of 135.84 and 1516.8% above the Hardware industry median of 13.73. Good Will Instrument Co's overall GF Score™ is 75/100. 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 Good Will Instrument Co (TPE:2423), the current Interest Coverage is 221.98 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 Good Will Instrument Co (TPE:2423) Overvalued in 2026?
Based on GuruFocus' analysis, Good Will Instrument Co stock appears to be overvalued.
The current stock price of NT$73.20 is trading 76.6% above its estimated GF Value™ of NT$41.45.
GuruFocus considers Good Will Instrument Co to be Significantly Overvalued.
Key valuation signals for TPE:2423:
Interest Coverage: 221.98 (63% above median its 10-year median of 135.84)
GF Value™: NT$41.45 vs. price of NT$73.20 (76.6% above fair value)
Industry Position: 1516.8% above the Hardware median (#168 of 1672)
No single metric tells the full story. See the TPE:2423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Good Will Instrument Co Ltd manufactures and sells electrical testing instruments, communication equipment, and related products. Its products include oscilloscopes, spectrum analyzers, signal sources, power supplies, public broadcasting and video monitoring systems, environmental testing equipment, constant temperature and humidity equipment, and vibration test equipment, among others. Geographically, the company generates a majority of its revenue from China and the rest from Japan, Taiwan, America, Europe, and other countries.
75GF Score
Get the complete analysis for TPE:2423
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