New Asia Construction & DevelopmentTPE:2516 79 Interest Coverage is 32.79 as of Dec. 2025, which is 389% above its 10-year median of 6.71. GuruFocus rates TPE:2516 with a GF Score™ of 79/100 and a GF Value™ of NT$15.88 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,349 Construction companies, New Asia Construction & Development ranks better than 59.9% 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. New Asia Construction & Development's
Operating Income
for the
three
months ended in Dec. 2025 was NT$126 Mil. New Asia Construction & Development's Interest Expense for the
three
months ended in Dec. 2025 was NT$-4 Mil.
New Asia Construction & Development's interest coverage for the quarter that ended in Dec. 2025 was 32.79.
The higher the ratio, the stronger the company's financial strength is.
New Asia Construction & Development (TPE:2516) 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 .
New Asia Construction & Development Interest Coverage Related Terms
New Asia Construction & Development 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.
New Asia Construction & Development Interest Coverage Chart
TPE:2516 vs PWR, FIX, EME: Interest Coverage Comparison
For the Engineering & Construction subindustry, New Asia Construction & Development'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.
New Asia Construction & Development Interest Coverage vs Construction Industry
For the Construction industry and Industrials sector, New Asia Construction & Development's Interest Coverage distribution charts can be found below:
* The bar in red indicates where New Asia Construction & Development's Interest Coverage falls into.
New Asia Construction & Development 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.
New Asia Construction & Development (TPE:2516) has a Interest Coverage of 32.79 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on New Asia Construction & Development and its competitors. This is 389% above median its historical median of 6.71. Over the past decade, New Asia Construction & Development's Interest Coverage has ranged from 2.08 to 12.19. According to the industry distribution chart, New Asia Construction & Development ranks #541 out of 1349 companies in the Construction industry, placing it in the top 40.1%.
Is New Asia Construction & Development's Interest Coverage too high?
New Asia Construction & Development's current Interest Coverage of 32.79 is 389% above median its 10-year median of 6.71. Over the past 10 years, this metric has ranged from a low of 2.08 to a high of 12.19. The Construction industry median Interest Coverage is 7.94. New Asia Construction & Development's value of 32.79 is 313% above this industry median. Based on the distribution chart, New Asia Construction & Development ranks #541 out of 1349 companies in the Construction industry, which is above the industry midpoint. Overall, New Asia Construction & Development has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does New Asia Construction & Development's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, New Asia Construction & Development ranks #541 out of 1349 companies for Interest Coverage. This puts New Asia Construction & Development in the upper half of its industry. The industry median Interest Coverage is 7.94. New Asia Construction & Development's value of 32.79 is 313% above this benchmark. Historically, New Asia Construction & Development's own Interest Coverage has ranged from 2.08 to 12.19 over the past decade. While the company's 10-year median is 6.71 vs. the industry median of 7.94, New Asia Construction & Development 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 Construction company?
The median Interest Coverage among Construction companies is 7.94, based on 1,349 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. New Asia Construction & Development's current Interest Coverage of 32.79 is 313% 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 New Asia Construction & Development and its competitors. For the Construction industry, the median Interest Coverage is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Asia Construction & Development's current Interest Coverage is 32.79, which is 389% above median its own 10-year median of 6.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Asia Construction & Development stock overvalued right now?
Based on GuruFocus' analysis, New Asia Construction & Development (TPE:2516) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$15.88, compared to a current price of NT$13.80 — trading 13.1% below its estimated fair value. The current Interest Coverage is 32.79, which is 389% above median its 10-year median of 6.71 and 313% above the Construction industry median of 7.94. New Asia Construction & Development's overall GF Score™ is 79/100 with 2 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 New Asia Construction & Development (TPE:2516), the current Interest Coverage is 32.79 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 New Asia Construction & Development (TPE:2516) Overvalued in 2026?
Based on GuruFocus' analysis, New Asia Construction & Development stock appears to be undervalued.
The current stock price of NT$13.80 is trading 13.1% below its estimated GF Value™ of NT$15.88.
GuruFocus considers New Asia Construction & Development to be Modestly Undervalued.
Key valuation signals for TPE:2516:
Interest Coverage: 32.79 (389% above median its 10-year median of 6.71)
GF Value™: NT$15.88 vs. price of NT$13.80 (13.1% below fair value)
Industry Position: 313% above the Construction median (#541 of 1349)
No single metric tells the full story. See the TPE:2516 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Asia Construction & Development Business Description
New Asia Construction & Development Corp and its subsidiaries are engaged in the construction of heavy equipment needed for civil engineering, development business related to land and community, construction, leasing or selling of public housing and office building, repairment, leasing and selling of heavy equipment, manufacturing and selling of ready mixed concrete and asphalt concrete, and investment. The Group operates in the construction segment, which is engaged in the construction of residential and commercial buildings and civil engineering contracts. The company operates in Taiwan and Asia, and the maximum revenue is generated from Taiwan.
79GF Score
Get the complete analysis for TPE:2516
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:2516 has been successfully added to your 
