Bright Led ElectronicsTPE:3031 64 Interest Coverage is 38.63 as of Dec. 2025, which is 39% above its 10-year median of 27.81. GuruFocus rates TPE:3031 with a GF Score™ of 64/100 and a GF Value™ of NT$18.77 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,678 Hardware companies, Bright Led Electronics ranks better than 63.11% 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. Bright Led Electronics's
Operating Income
for the
three
months ended in Dec. 2025 was NT$36 Mil. Bright Led Electronics's Interest Expense for the
three
months ended in Dec. 2025 was NT$-1 Mil.
Bright Led Electronics's interest coverage for the quarter that ended in Dec. 2025 was 38.63.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Bright Led Electronics's Interest Coverage or its related term are showing as below:
TPE:3031'
s Interest Coverage Range Over the Past 10 Years
Min: 12.77 Med: 27.81 Max: 45.5
Current: 27.4
TPE:3031's Interest Coverage is ranked better than 63.11% of 1678
companies
in the Hardware industry
Industry Median: 13.645
vs TPE:3031: 27.40
Bright Led Electronics (TPE:3031) 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 .
Bright Led Electronics Interest Coverage Related Terms
Bright Led Electronics Interest Coverage Historical Data
* Premium members only.
The historical data trend for Bright Led Electronics'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:3031 vs APH, GLW: Interest Coverage Comparison
For the Electronic Components subindustry, Bright Led Electronics'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.
Bright Led Electronics Interest Coverage vs Hardware Industry
For the Hardware industry and Technology sector, Bright Led Electronics's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Bright Led Electronics's Interest Coverage falls into.
Bright Led Electronics 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.
Bright Led Electronics (TPE:3031) has a Interest Coverage of 38.63 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Bright Led Electronics and its competitors. This is 39% above median its historical median of 27.81. Over the past decade, Bright Led Electronics' Interest Coverage has ranged from 12.77 to 45.50. According to the industry distribution chart, Bright Led Electronics ranks #619 out of 1678 companies in the Hardware industry, placing it in the top 36.9%.
Is Bright Led Electronics' Interest Coverage too high?
Bright Led Electronics' current Interest Coverage of 38.63 is 39% above median its 10-year median of 27.81. Over the past 10 years, this metric has ranged from a low of 12.77 to a high of 45.50. The Hardware industry median Interest Coverage is 13.65. Bright Led Electronics' value of 38.63 is 183.1% above this industry median. Based on the distribution chart, Bright Led Electronics ranks #619 out of 1678 companies in the Hardware industry, which is above the industry midpoint. Overall, Bright Led Electronics has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bright Led Electronics' Interest Coverage compare to APH and GLW?
According to the Hardware industry distribution chart, Bright Led Electronics ranks #619 out of 1678 companies for Interest Coverage. This puts Bright Led Electronics in the upper half of its industry. The industry median Interest Coverage is 13.65. Bright Led Electronics' value of 38.63 is 183.1% above this benchmark. Historically, Bright Led Electronics' own Interest Coverage has ranged from 12.77 to 45.50 over the past decade. While the company's 10-year median is 27.81 vs. the industry median of 13.65, Bright Led Electronics 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 13.65, based on 1,678 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. Bright Led Electronics's current Interest Coverage of 38.63 is 183.1% 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 Bright Led Electronics and its competitors. For the Hardware industry, the median Interest Coverage is 13.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bright Led Electronics's current Interest Coverage is 38.63, which is 39% above median its own 10-year median of 27.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Led Electronics stock overvalued right now?
Based on GuruFocus' analysis, Bright Led Electronics (TPE:3031) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$18.77, compared to a current price of NT$30.85 — trading 64.4% above its estimated fair value. The current Interest Coverage is 38.63, which is 39% above median its 10-year median of 27.81 and 183.1% above the Hardware industry median of 13.65. Bright Led Electronics' overall GF Score™ is 64/100 with 9 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 Bright Led Electronics (TPE:3031), the current Interest Coverage is 38.63 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 Bright Led Electronics (TPE:3031) Overvalued in 2026?
Based on GuruFocus' analysis, Bright Led Electronics stock appears to be overvalued.
The current stock price of NT$30.85 is trading 64.4% above its estimated GF Value™ of NT$18.77.
GuruFocus considers Bright Led Electronics to be Significantly Overvalued.
Key valuation signals for TPE:3031:
Interest Coverage: 38.63 (39% above median its 10-year median of 27.81)
GF Value™: NT$18.77 vs. price of NT$30.85 (64.4% above fair value)
Industry Position: 183.1% above the Hardware median (#619 of 1678)
No single metric tells the full story. See the TPE:3031 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bright Led Electronics Corp is engaged in the engaged in the manufacturing and sales of light-emitting diode, indicator lights, displays and other extended products and undertaking engineering projects that provide indicator lights, displays and related supporting engineering projects. The company operates in four principal geographical areas - the United States, China, Taiwan, Korea and others, where majority revenue is from the Chinese segment.
64GF Score
Get the complete analysis for TPE:3031
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