U-Ming Marine TransportTPE:2606 +0.84%89 Interest Coverage is 3.97 as of Dec. 2025, which is 69% above its 10-year median of 2.35. GuruFocus rates TPE:2606 with a GF Score™ of 89/100 and a GF Value™ of NT$59.36 (Fairly Valued). The stock has 8 warning signs investors should review. Among 838 Transportation companies, U-Ming Marine Transport ranks worse than 70.64% 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. U-Ming Marine Transport's
Operating Income
for the
three
months ended in Dec. 2025 was NT$1,280 Mil. U-Ming Marine Transport's Interest Expense for the
three
months ended in Dec. 2025 was NT$-322 Mil.
U-Ming Marine Transport's interest coverage for the quarter that ended in Dec. 2025 was 3.97.
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. U-Ming Marine Transport Corp interest coverage is 2.79, which is low.
The historical rank and industry rank for U-Ming Marine Transport's Interest Coverage or its related term are showing as below:
TPE:2606'
s Interest Coverage Range Over the Past 10 Years
Min: 0.84 Med: 2.35 Max: 11.03
Current: 2.79
TPE:2606's Interest Coverage is ranked worse than 70.64% of 838
companies
in the Transportation industry
Industry Median: 5.67
vs TPE:2606: 2.79
U-Ming Marine Transport (TPE:2606) 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 .
U-Ming Marine Transport Interest Coverage Related Terms
U-Ming Marine Transport Interest Coverage Historical Data
* Premium members only.
The historical data trend for U-Ming Marine Transport'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.
U-Ming Marine Transport Interest Coverage Competitor Comparison
For the Marine Shipping subindustry, U-Ming Marine Transport'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.
U-Ming Marine Transport Interest Coverage vs Transportation Industry
For the Transportation industry and Industrials sector, U-Ming Marine Transport's Interest Coverage distribution charts can be found below:
* The bar in red indicates where U-Ming Marine Transport's Interest Coverage falls into.
U-Ming Marine Transport 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.
U-Ming Marine Transport (TPE:2606) has a Interest Coverage of 3.97 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on U-Ming Marine Transport and its competitors. This is 69% above median its historical median of 2.35. Over the past decade, U-Ming Marine Transport's Interest Coverage has ranged from 0.84 to 11.03. According to the industry distribution chart, U-Ming Marine Transport ranks #592 out of 838 companies in the Transportation industry, placing it in the top 70.6%.
Is U-Ming Marine Transport's Interest Coverage too high?
U-Ming Marine Transport's current Interest Coverage of 3.97 is 69% above median its 10-year median of 2.35. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 11.03. The Transportation industry median Interest Coverage is 5.67. U-Ming Marine Transport's value of 3.97 is 30% below this industry median. Based on the distribution chart, U-Ming Marine Transport ranks #592 out of 838 companies in the Transportation industry, which is below the industry midpoint. Overall, U-Ming Marine Transport has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does U-Ming Marine Transport's Interest Coverage compare to competitors?
According to the Transportation industry distribution chart, U-Ming Marine Transport ranks #592 out of 838 companies for Interest Coverage. This places U-Ming Marine Transport in the lower half of its industry. The industry median Interest Coverage is 5.67. U-Ming Marine Transport's value of 3.97 is 30% below this benchmark. Historically, U-Ming Marine Transport's own Interest Coverage has ranged from 0.84 to 11.03 over the past decade. While the company's 10-year median is 2.35 vs. the industry median of 5.67, U-Ming Marine Transport 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 Transportation company?
The median Interest Coverage among Transportation companies is 5.67, based on 838 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. U-Ming Marine Transport's current Interest Coverage of 3.97 is 30% 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 U-Ming Marine Transport and its competitors. For the Transportation industry, the median Interest Coverage is 5.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. U-Ming Marine Transport's current Interest Coverage is 3.97, which is 69% above median its own 10-year median of 2.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is U-Ming Marine Transport stock overvalued right now?
Based on GuruFocus' analysis, U-Ming Marine Transport (TPE:2606) is currently considered Fairly Valued. The stock's GF Value™ is NT$59.36, compared to a current price of NT$60.00 — trading 1.1% above its estimated fair value. The current Interest Coverage is 3.97, which is 69% above median its 10-year median of 2.35 and 30% below the Transportation industry median of 5.67. U-Ming Marine Transport's overall GF Score™ is 89/100 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 U-Ming Marine Transport (TPE:2606), the current Interest Coverage is 3.97 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 U-Ming Marine Transport (TPE:2606) Overvalued in 2026?
Based on GuruFocus' analysis, U-Ming Marine Transport stock appears to be overvalued.
The current stock price of NT$60.00 is trading 1.1% above its estimated GF Value™ of NT$59.36.
GuruFocus considers U-Ming Marine Transport to be Fairly Valued.
Key valuation signals for TPE:2606:
Interest Coverage: 3.97 (69% above median its 10-year median of 2.35)
GF Value™: NT$59.36 vs. price of NT$60.00 (1.1% above fair value)
Industry Position: 30% below the Transportation median (#592 of 838)
No single metric tells the full story. See the TPE:2606 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
U-Ming Marine Transport Corp is a transportation and logistics company, domiciled in Taiwan. The company organizes itself into two segments: marine transportation and investment. The marine transportation segment, which contributes the vast majority of revenue, owns and operates a fleet of vessels to transport dry bulk cargo, including cement, oil, coal, iron ore, steel, grain, and other commodities.
89GF Score
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