TopkeyTPE:4536 +0.91%85 Interest Coverage is 15.57 as of Dec. 2025, which is 33% below its 10-year median of 23.36. GuruFocus rates TPE:4536 with a GF Score™ of 85/100 and a GF Value™ of NT$175.89 (Fairly Valued). The stock has 4 warning signs investors should review. Among 611 Travel & Leisure companies, Topkey ranks better than 73.81% 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. Topkey's
Operating Income
for the
three
months ended in Dec. 2025 was NT$199 Mil. Topkey's Interest Expense for the
three
months ended in Dec. 2025 was NT$-13 Mil.
Topkey's interest coverage for the quarter that ended in Dec. 2025 was 15.57.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Topkey's Interest Coverage or its related term are showing as below:
TPE:4536'
s Interest Coverage Range Over the Past 10 Years
Min: 13.85 Med: 23.36 Max: 54.7
Current: 25.8
TPE:4536's Interest Coverage is ranked better than 73.81% of 611
companies
in the Travel & Leisure industry
Industry Median: 5.35
vs TPE:4536: 25.80
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 .
Topkey Interest Coverage Related Terms
Topkey Interest Coverage Historical Data
* Premium members only.
The historical data trend for Topkey'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:4536 vs AS, HAS, LTH: Interest Coverage Comparison
For the Leisure subindustry, Topkey'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.
Topkey Interest Coverage vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Topkey's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Topkey's Interest Coverage falls into.
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.
Topkey (TPE:4536) has a Interest Coverage of 15.57 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Topkey and its competitors. This is 33% below median its historical median of 23.36. Over the past decade, Topkey's Interest Coverage has ranged from 13.85 to 54.70. According to the industry distribution chart, Topkey ranks #160 out of 611 companies in the Travel & Leisure industry, placing it in the top 26.2%.
Is Topkey's Interest Coverage too high?
Topkey's current Interest Coverage of 15.57 is 33% below median its 10-year median of 23.36. Over the past 10 years, this metric has ranged from a low of 13.85 to a high of 54.70. The Travel & Leisure industry median Interest Coverage is 5.35. Topkey's value of 15.57 is 191% above this industry median. Based on the distribution chart, Topkey ranks #160 out of 611 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Topkey has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Topkey's Interest Coverage compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Topkey ranks #160 out of 611 companies for Interest Coverage. This puts Topkey in the upper half of its industry. The industry median Interest Coverage is 5.35. Topkey's value of 15.57 is 191% above this benchmark. Historically, Topkey's own Interest Coverage has ranged from 13.85 to 54.70 over the past decade. While the company's 10-year median is 23.36 vs. the industry median of 5.35, Topkey 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 Travel & Leisure company?
The median Interest Coverage among Travel & Leisure companies is 5.35, based on 611 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. Topkey's current Interest Coverage of 15.57 is 191% 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 Topkey and its competitors. For the Travel & Leisure industry, the median Interest Coverage is 5.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topkey's current Interest Coverage is 15.57, which is 33% below median its own 10-year median of 23.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topkey stock overvalued right now?
Based on GuruFocus' analysis, Topkey (TPE:4536) is currently considered Fairly Valued. The stock's GF Value™ is NT$175.89, compared to a current price of NT$165.50 — trading 5.9% below its estimated fair value. The current Interest Coverage is 15.57, which is 33% below median its 10-year median of 23.36 and 191% above the Travel & Leisure industry median of 5.35. Topkey's overall GF Score™ is 85/100 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 Topkey (TPE:4536), the current Interest Coverage is 15.57 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 Topkey (TPE:4536) Overvalued in 2026?
Based on GuruFocus' analysis, Topkey stock appears to be undervalued.
The current stock price of NT$165.50 is trading 5.9% below its estimated GF Value™ of NT$175.89.
GuruFocus considers Topkey to be Fairly Valued.
Key valuation signals for TPE:4536:
Interest Coverage: 15.57 (33% below median its 10-year median of 23.36)
GF Value™: NT$175.89 vs. price of NT$165.50 (5.9% below fair value)
Industry Position: 191% above the Travel & Leisure median (#160 of 611)
No single metric tells the full story. See the TPE:4536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Topkey Corp is mainly engaged in the production, processing, sale, international trading, and agency services of sporting goods, carbon fiber products, glass fiber products, and composite materials. Revenue from the sales of goods comes from the sales of sporting goods which accounts for the majority of the company's revenue, aviation products, and medical products. Revenue from the rendering of services comes from professional labor services. The company operates in Asia which is also its key revenue-generating market, Europe, America, and other regions.
85GF Score
Get the complete analysis for TPE:4536
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:4536 has been successfully added to your 
