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 Pelican Express Co's
Operating Income
for the
three
months ended in Dec. 2025 was NT$-51 Mil. Taiwan Pelican Express Co's Interest Expense for the
three
months ended in Dec. 2025 was NT$-5 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Taiwan Pelican Express Co's Interest Coverage or its related term are showing as below:
TPE:2642's Interest Coverage is not ranked *
in the Transportation industry.
Industry Median: 5.68 * Ranked among companies with meaningful Interest Coverage only.
Taiwan Pelican Express Co (TPE:2642) 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 .
Taiwan Pelican Express Co Interest Coverage Related Terms
Taiwan Pelican Express 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.
TPE:2642 vs UPS, FDX, JBHT: Interest Coverage Comparison
For the Integrated Freight & Logistics subindustry, Taiwan Pelican Express 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.
Taiwan Pelican Express Co Interest Coverage vs Transportation Industry
For the Transportation industry and Industrials sector, Taiwan Pelican Express Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Taiwan Pelican Express Co's Interest Coverage falls into.
Taiwan Pelican Express 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:
Taiwan Pelican Express Co did not have earnings to cover the 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.
What does a Interest Coverage of 0 (At Loss) mean?
Taiwan Pelican Express Co (TPE:2642) has a Interest Coverage of 0 (At Loss) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Taiwan Pelican Express Co and its competitors. According to the industry distribution chart, Taiwan Pelican Express Co ranks #999999 out of 839 companies in the Transportation industry.
Is Taiwan Pelican Express Co's Interest Coverage too high?
Taiwan Pelican Express Co's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Taiwan Pelican Express Co ranks #999999 out of 839 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Taiwan Pelican Express Co has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Taiwan Pelican Express Co's Interest Coverage compare to UPS and FDX?
According to the Transportation industry distribution chart, Taiwan Pelican Express Co ranks #999999 out of 839 companies for Interest Coverage. This places Taiwan Pelican Express Co in the lower half of its industry. The industry median Interest Coverage is 5.68. 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 5.68, based on 839 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. 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 Pelican Express Co and its competitors. For the Transportation industry, the median Interest Coverage is 5.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Pelican Express Co's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Pelican Express Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Pelican Express Co (TPE:2642) is currently considered Possible Value Trap. The stock's GF Value™ is NT$32.94, compared to a current price of NT$20.75 — trading 37% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Taiwan Pelican Express Co's overall GF Score™ is 68/100 with 4 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 Pelican Express Co (TPE:2642), the current Interest Coverage is 0 (At Loss) 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 Taiwan Pelican Express Co (TPE:2642) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Pelican Express Co stock appears to be undervalued.
The current stock price of NT$20.75 is trading 37% below its estimated GF Value™ of NT$32.94.
GuruFocus considers Taiwan Pelican Express Co to be Possible Value Trap.
Key valuation signals for TPE:2642:
Interest Coverage: 0 (At Loss)
GF Value™: NT$32.94 vs. price of NT$20.75 (37% below fair value)
No single metric tells the full story. See the TPE:2642 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Pelican Express Co Ltd is a Taiwan-based company. The Company and its subsidiaries engaged in the logistics business, a company that provides route-permitted truck transportation, home delivery, and other professional logistic delivery services. It has two reportable segments: the home delivery service segment and logistic business segment. The home delivery service segment is mainly engaged in route-permitted truck transportation and home delivery service, and the logistics business segment is mainly engaged in the warehouse storage, tally, and transportation delivery business. The group generates the majority of its revenue from the home delivery service segment. Geographically, the group operates in Taiwan and Vietnam. It generates key revenue from Taiwan.
68GF Score
Get the complete analysis for TPE:2642
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:2642 has been successfully added to your 
