Coremax (TPE:4739) Interest Coverage: 4.82 (As of Dec. 2025) — 57% Below Median


TPE:4739 Coremax Corp TPE:4739
62 GF Score
Price NT$105.00
GF Value NT$78.39
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Coremax Interest Coverage?

Coremax TPE:4739 -0.94% 62 Interest Coverage is 4.82 as of Dec. 2025, which is 57% below its 10-year median of 11.33. GuruFocus rates TPE:4739 with a GF Score™ of 62/100 and a GF Value™ of NT$78.39 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,234 Chemicals companies, Coremax ranks worse than 68.64% 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. Coremax's Operating Income for the three months ended in Dec. 2025 was NT$165 Mil. Coremax's Interest Expense for the three months ended in Dec. 2025 was NT$-34 Mil. Coremax's interest coverage for the quarter that ended in Dec. 2025 was 4.82. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Coremax's Interest Coverage or its related term are showing as below:

TPE:4739' s Interest Coverage Range Over the Past 10 Years
Min: 3.3   Med: 11.33   Max: 24.84
Current: 4.47


TPE:4739's Interest Coverage is ranked worse than
68.64% of 1234 companies
in the Chemicals industry
Industry Median: 10.18 vs TPE:4739: 4.47

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Coremax  (TPE:4739) 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 .


Coremax Interest Coverage Related Terms


Coremax Interest Coverage Historical Data

* Premium members only.

The historical data trend for Coremax'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.

Coremax Interest Coverage Chart

Coremax Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.84 11.58 0.00 3.30 4.47

Coremax Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 6.62 2.39 4.29 4.82

TPE:4739 vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Coremax'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.


Coremax Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Coremax's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Coremax's Interest Coverage falls into.


TPE:4739
62GF Score
Coremax Corp TPE:4739
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Coremax 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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Coremax's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Coremax's Interest Expense was NT$-98 Mil. Its Operating Income was NT$440 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$1,800 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*440.091/-98.45
=4.47

Coremax's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Coremax's Interest Expense was NT$-34 Mil. Its Operating Income was NT$165 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$1,800 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*164.967/-34.23
=4.82

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 4.82 mean?
Coremax (TPE:4739) has a Interest Coverage of 4.82 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Coremax and its competitors. This is 57% below median its historical median of 11.33. Over the past decade, Coremax's Interest Coverage has ranged from 3.30 to 24.84. According to the industry distribution chart, Coremax ranks #847 out of 1234 companies in the Chemicals industry, placing it in the top 68.6%.
Is Coremax's Interest Coverage too high?
Coremax's current Interest Coverage of 4.82 is 57% below median its 10-year median of 11.33. Over the past 10 years, this metric has ranged from a low of 3.30 to a high of 24.84. The Chemicals industry median Interest Coverage is 10.18. Coremax's value of 4.82 is 52.7% below this industry median. Based on the distribution chart, Coremax ranks #847 out of 1234 companies in the Chemicals industry, which is below the industry midpoint. Overall, Coremax has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Coremax's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Coremax ranks #847 out of 1234 companies for Interest Coverage. This places Coremax in the lower half of its industry. The industry median Interest Coverage is 10.18. Coremax's value of 4.82 is 52.7% below this benchmark. Historically, Coremax's own Interest Coverage has ranged from 3.30 to 24.84 over the past decade. While the company's 10-year median is 11.33 vs. the industry median of 10.18, Coremax 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.18, based on 1,234 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. Coremax's current Interest Coverage of 4.82 is 52.7% 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 Coremax and its competitors. For the Chemicals industry, the median Interest Coverage is 10.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coremax's current Interest Coverage is 4.82, which is 57% below median its own 10-year median of 11.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coremax stock overvalued right now?
Based on GuruFocus' analysis, Coremax (TPE:4739) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$78.39, compared to a current price of NT$105.00 — trading 33.9% above its estimated fair value. The current Interest Coverage is 4.82, which is 57% below median its 10-year median of 11.33 and 52.7% below the Chemicals industry median of 10.18. Coremax's overall GF Score™ is 62/100 with 5 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 Coremax (TPE:4739), the current Interest Coverage is 4.82 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 Coremax (TPE:4739) Overvalued in 2026?

Based on GuruFocus' analysis, Coremax stock appears to be overvalued. The current stock price of NT$105.00 is trading 33.9% above its estimated GF Value™ of NT$78.39. GuruFocus considers Coremax to be Significantly Overvalued.

Key valuation signals for TPE:4739:

  • Interest Coverage: 4.82 (57% below median its 10-year median of 11.33)
  • GF Value™: NT$78.39 vs. price of NT$105.00 (33.9% above fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 52.7% below the Chemicals median (#847 of 1234)

No single metric tells the full story. See the TPE:4739 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Coremax Business Description

Address 11 Wenhua Road, Hsinchu Industrial Park, Hsinchu County, TWN, 30352
Coremax Corp is engaged in the manufacturing, sales, import, and export of oxidation catalysts, battery materials, chemical fertilizers, and specialty chemicals. The company operates in Oxidation catalyst department; Battery material department; Chemical fertilizers department; and Specialty chemical department. Geographically, the company generates its revenue from Taiwan and the rest from China and other regions.
62GF Score

Get the complete analysis for TPE:4739

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$105.00
Price
NT$78.39
GF Value