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. Thinking Electronic Industrial Co's
Operating Income
for the
three
months ended in Dec. 2025 was NT$445 Mil. Thinking Electronic Industrial Co's Interest Expense for the
three
months ended in Dec. 2025 was NT$-6 Mil.
Thinking Electronic Industrial Co's interest coverage for the quarter that ended in Dec. 2025 was 71.46.
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. Thinking Electronic Industrial Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Thinking Electronic Industrial Co's Interest Coverage or its related term are showing as below:
TPE:2428'
s Interest Coverage Range Over the Past 10 Years
Min: 74.23 Med: 193.14 Max: 495.41
Current: 89.1
TPE:2428's Interest Coverage is ranked better than 80.32% of 1672
companies
in the Hardware industry
Industry Median: 13.73
vs TPE:2428: 89.10
Thinking Electronic Industrial Co (TPE:2428) 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 .
Thinking Electronic Industrial Co Interest Coverage Related Terms
Thinking Electronic 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.
Thinking Electronic Industrial Co Interest Coverage Chart
TPE:2428 vs APH, GLW: Interest Coverage Comparison
For the Electronic Components subindustry, Thinking Electronic 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.
Thinking Electronic Industrial Co Interest Coverage vs Hardware Industry
For the Hardware industry and Technology sector, Thinking Electronic Industrial Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Thinking Electronic Industrial Co's Interest Coverage falls into.
Thinking Electronic 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.
Thinking Electronic Industrial Co (TPE:2428) has a Interest Coverage of 71.46 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Thinking Electronic Industrial Co and its competitors. This is 63% below median its historical median of 193.14. Over the past decade, Thinking Electronic Industrial Co's Interest Coverage has ranged from 74.23 to 495.41. According to the industry distribution chart, Thinking Electronic Industrial Co ranks #329 out of 1672 companies in the Hardware industry, placing it in the top 19.7%.
Is Thinking Electronic Industrial Co's Interest Coverage too high?
Thinking Electronic Industrial Co's current Interest Coverage of 71.46 is 63% below median its 10-year median of 193.14. Over the past 10 years, this metric has ranged from a low of 74.23 to a high of 495.41. The Hardware industry median Interest Coverage is 13.73. Thinking Electronic Industrial Co's value of 71.46 is 420.5% above this industry median. Based on the distribution chart, Thinking Electronic Industrial Co ranks #329 out of 1672 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Thinking Electronic Industrial Co has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thinking Electronic Industrial Co's Interest Coverage compare to APH and GLW?
According to the Hardware industry distribution chart, Thinking Electronic Industrial Co ranks #329 out of 1672 companies for Interest Coverage. This places Thinking Electronic Industrial Co in the top 20% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 13.73. Thinking Electronic Industrial Co's value of 71.46 is 420.5% above this benchmark. Historically, Thinking Electronic Industrial Co's own Interest Coverage has ranged from 74.23 to 495.41 over the past decade. While the company's 10-year median is 193.14 vs. the industry median of 13.73, Thinking Electronic 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 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. Thinking Electronic Industrial Co's current Interest Coverage of 71.46 is 420.5% 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 Thinking Electronic Industrial 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. Thinking Electronic Industrial Co's current Interest Coverage is 71.46, which is 63% below median its own 10-year median of 193.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thinking Electronic Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Thinking Electronic Industrial Co (TPE:2428) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$175.47, compared to a current price of NT$315.00 — trading 79.5% above its estimated fair value. The current Interest Coverage is 71.46, which is 63% below median its 10-year median of 193.14 and 420.5% above the Hardware industry median of 13.73. Thinking Electronic Industrial Co's overall GF Score™ is 78/100 with 8 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 Thinking Electronic Industrial Co (TPE:2428), the current Interest Coverage is 71.46 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 Thinking Electronic Industrial Co (TPE:2428) Overvalued in 2026?
Based on GuruFocus' analysis, Thinking Electronic Industrial Co stock appears to be overvalued.
The current stock price of NT$315.00 is trading 79.5% above its estimated GF Value™ of NT$175.47.
GuruFocus considers Thinking Electronic Industrial Co to be Significantly Overvalued.
Key valuation signals for TPE:2428:
Interest Coverage: 71.46 (63% below median its 10-year median of 193.14)
GF Value™: NT$175.47 vs. price of NT$315.00 (79.5% above fair value)
Industry Position: 420.5% above the Hardware median (#329 of 1672)
No single metric tells the full story. See the TPE:2428 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thinking Electronic Industrial Co Business Description
Thinking Electronic Industrial Co Ltd manufactures, processes, and sells electric devices, thermistors, varistors, and wires. Its product portfolio comprises negative temperature coefficient thermistors, zinc oxide varistors, ceramic positive temperature thermistors, polymer positive temperature coefficient thermistors (Polymer PTC resettable fuse), temperature sensors, and gas discharge tubes, among others. The Group's reportable segments are: Thinking Electronic Industrial (the company), which generates the maximum revenue, Thinking Changzhou, Dongguan Welkin and Zhongshan Welkin Guangdong, Thinking Yichang, Jiangxi Thinking, and Others. Geographically, it generates maximum revenue from Greater China (including Taiwan), and the rest from Europe and other regions.
78GF Score
Get the complete analysis for TPE:2428
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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