Primax Electronics (TPE:4915) Interest Coverage: 15.83 (As of Mar. 2026) — Near Median

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TPE:4915 Primax Electronics Ltd TPE:4915
83 GF Score
Price NT$65.40
GF Value NT$82.15
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Primax Electronics Interest Coverage?

Primax Electronics TPE:4915 +2.83% 83 Interest Coverage is 15.83 as of Mar. 2026, which is 7% below its 10-year median of 16.95. GuruFocus rates TPE:4915 with a GF Score™ of 83/100 and a GF Value™ of NT$82.15 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,669 Hardware companies, Primax Electronics ranks better than 52.31% 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. Primax Electronics's Operating Income for the three months ended in Mar. 2026 was NT$697 Mil. Primax Electronics's Interest Expense for the three months ended in Mar. 2026 was NT$-44 Mil. Primax Electronics's interest coverage for the quarter that ended in Mar. 2026 was 15.83. The higher the ratio, the stronger the company's financial strength is.

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

TPE:4915' s Interest Coverage Range Over the Past 10 Years
Min: 11.87   Med: 16.95   Max: 59.91
Current: 15.64


TPE:4915's Interest Coverage is ranked better than
52.31% of 1669 companies
in the Hardware industry
Industry Median: 14.04 vs TPE:4915: 15.64

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


Primax Electronics  (TPE:4915) 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 .


Primax Electronics Interest Coverage Related Terms


Primax Electronics Interest Coverage Historical Data

* Premium members only.

The historical data trend for Primax 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.

Primax Electronics Interest Coverage Chart

Primax Electronics 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 15.43 11.87 18.36 18.21 15.68

Primax Electronics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 15.96 14.57 18.06 14.23 15.83

TPE:4915 vs AAPL: Interest Coverage Comparison

For the Consumer Electronics subindustry, Primax 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.


Primax Electronics Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, Primax Electronics's Interest Coverage distribution charts can be found below:

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


TPE:4915
83GF Score
Primax Electronics Ltd TPE:4915
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Primax 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:

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.

Primax Electronics'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, Primax Electronics's Interest Expense was NT$-180 Mil. Its Operating Income was NT$2,817 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$2,100 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*2816.964/-179.645
=15.68

Primax Electronics's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Primax Electronics's Interest Expense was NT$-44 Mil. Its Operating Income was NT$697 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$1,910 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*696.73/-44.021
=15.83

* 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 15.83 mean?
Primax Electronics (TPE:4915) has a Interest Coverage of 15.83 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Primax Electronics and its competitors. This is near median its historical median of 16.95. Over the past decade, Primax Electronics' Interest Coverage has ranged from 11.87 to 59.91. According to the industry distribution chart, Primax Electronics ranks #796 out of 1669 companies in the Hardware industry, placing it in the top 47.7%.
Is Primax Electronics' Interest Coverage too high?
Primax Electronics' current Interest Coverage of 15.83 is near median its 10-year median of 16.95. Over the past 10 years, this metric has ranged from a low of 11.87 to a high of 59.91. The Hardware industry median Interest Coverage is 14.04. Primax Electronics' value of 15.83 is 12.7% above this industry median. Based on the distribution chart, Primax Electronics ranks #796 out of 1669 companies in the Hardware industry, which is above the industry midpoint. Overall, Primax Electronics has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Primax Electronics' Interest Coverage compare to AAPL?
According to the Hardware industry distribution chart, Primax Electronics ranks #796 out of 1669 companies for Interest Coverage. This puts Primax Electronics in the upper half of its industry. The industry median Interest Coverage is 14.04. Primax Electronics' value of 15.83 is 12.7% above this benchmark. Historically, Primax Electronics' own Interest Coverage has ranged from 11.87 to 59.91 over the past decade. While the company's 10-year median is 16.95 vs. the industry median of 14.04, Primax 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 14.04, based on 1,669 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. Primax Electronics's current Interest Coverage of 15.83 is 12.7% 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 Primax Electronics and its competitors. For the Hardware industry, the median Interest Coverage is 14.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Primax Electronics's current Interest Coverage is 15.83, which is near median its own 10-year median of 16.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primax Electronics stock overvalued right now?
Based on GuruFocus' analysis, Primax Electronics (TPE:4915) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$82.15, compared to a current price of NT$65.40 — trading 20.4% below its estimated fair value. The current Interest Coverage is 15.83, which is near median its 10-year median of 16.95 and 12.7% above the Hardware industry median of 14.04. Primax Electronics' overall GF Score™ is 83/100 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 Primax Electronics (TPE:4915), the current Interest Coverage is 15.83 as of Mar. 2026. 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 Primax Electronics (TPE:4915) Overvalued in 2026?

Based on GuruFocus' analysis, Primax Electronics stock appears to be undervalued. The current stock price of NT$65.40 is trading 20.4% below its estimated GF Value™ of NT$82.15. GuruFocus considers Primax Electronics to be Modestly Undervalued.

Key valuation signals for TPE:4915:

  • Interest Coverage: 15.83 (near median its 10-year median of 16.95)
  • GF Value™: NT$82.15 vs. price of NT$65.40 (20.4% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 12.7% above the Hardware median (#796 of 1669)

No single metric tells the full story. See the TPE:4915 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Primax Electronics Business Description

Address No. 669, Ruey Kuang Road, Neihu District, Taipei, TWN, 11492
Primax Electronics Ltd is a manufacturer of components for mobile devices, personal computer peripherals, business equipment, and the digital home, that operates in two business segments; The division for computer peripherals specializes in the manufacture and sale of computer mice, keyboards, trackpads, etc. The division for non-computer peripherals specializes in the manufacture and sale of digital camera modules, mobile phone accessories, multi-function printers, scanners, shredders, amplifiers, speakers and audio systems, etc. The company derives the maximum of its revenue from the non-computer peripherals segment. Geographically, it derives maximum revenue from China.
83GF Score

Get the complete analysis for TPE:4915

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

NT$65.40
Price
NT$82.15
GF Value