Waffer Technology (TPE:6235) Interest Coverage: 11.89 (As of Dec. 2025) — Near Median


TPE:6235 Waffer Technology Corp TPE:6235
79 GF Score
Price NT$40.10
GF Value NT$85.23
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Waffer Technology Interest Coverage?

Waffer Technology TPE:6235 +2.95% 79 Interest Coverage is 11.89 as of Dec. 2025, which is 5% below its 10-year median of 12.49. GuruFocus rates TPE:6235 with a GF Score™ of 79/100 and a GF Value™ of NT$85.23 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,325 Industrial Products companies, Waffer Technology ranks worse than 57.08% 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. Waffer Technology's Operating Income for the three months ended in Dec. 2025 was NT$164 Mil. Waffer Technology's Interest Expense for the three months ended in Dec. 2025 was NT$-14 Mil. Waffer Technology's interest coverage for the quarter that ended in Dec. 2025 was 11.89. The higher the ratio, the stronger the company's financial strength is.

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

TPE:6235' s Interest Coverage Range Over the Past 10 Years
Min: 5.49   Med: 12.49   Max: 44.77
Current: 11.09


TPE:6235's Interest Coverage is ranked worse than
57.08% of 2325 companies
in the Industrial Products industry
Industry Median: 14.8 vs TPE:6235: 11.09

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


Waffer Technology  (TPE:6235) 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 .


Waffer Technology Interest Coverage Related Terms


Waffer Technology Interest Coverage Historical Data

* Premium members only.

The historical data trend for Waffer Technology'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.

Waffer Technology Interest Coverage Chart

Waffer Technology 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 7.95 13.89 24.34 11.07 11.09

Waffer Technology 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 1.50 10.68 15.04 7.52 11.89

TPE:6235 vs CRS, ATI, MLI: Interest Coverage Comparison

For the Metal Fabrication subindustry, Waffer Technology'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.


Waffer Technology Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Waffer Technology's Interest Coverage distribution charts can be found below:

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


TPE:6235
79GF Score
Waffer Technology Corp TPE:6235
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Waffer Technology 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.

Waffer Technology'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, Waffer Technology's Interest Expense was NT$-58 Mil. Its Operating Income was NT$641 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$1,339 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*640.956/-57.803
=11.09

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

Here, for the three months ended in Dec. 2025, Waffer Technology's Interest Expense was NT$-14 Mil. Its Operating Income was NT$164 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$1,339 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*163.611/-13.763
=11.89

* 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 11.89 mean?
Waffer Technology (TPE:6235) has a Interest Coverage of 11.89 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Waffer Technology and its competitors. This is near median its historical median of 12.49. Over the past decade, Waffer Technology's Interest Coverage has ranged from 5.49 to 44.77. According to the industry distribution chart, Waffer Technology ranks #1327 out of 2325 companies in the Industrial Products industry, placing it in the top 57.1%.
Is Waffer Technology's Interest Coverage too high?
Waffer Technology's current Interest Coverage of 11.89 is near median its 10-year median of 12.49. Over the past 10 years, this metric has ranged from a low of 5.49 to a high of 44.77. The Industrial Products industry median Interest Coverage is 14.80. Waffer Technology's value of 11.89 is 19.7% below this industry median. Based on the distribution chart, Waffer Technology ranks #1327 out of 2325 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Waffer Technology has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Waffer Technology's Interest Coverage compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Waffer Technology ranks #1327 out of 2325 companies for Interest Coverage. This places Waffer Technology in the lower half of its industry. The industry median Interest Coverage is 14.80. Waffer Technology's value of 11.89 is 19.7% below this benchmark. Historically, Waffer Technology's own Interest Coverage has ranged from 5.49 to 44.77 over the past decade. While the company's 10-year median is 12.49 vs. the industry median of 14.80, Waffer Technology 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.80, based on 2,325 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. Waffer Technology's current Interest Coverage of 11.89 is 19.7% 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 Waffer Technology and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waffer Technology's current Interest Coverage is 11.89, which is near median its own 10-year median of 12.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waffer Technology stock overvalued right now?
Based on GuruFocus' analysis, Waffer Technology (TPE:6235) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$85.23, compared to a current price of NT$40.10 — trading 53% below its estimated fair value. The current Interest Coverage is 11.89, which is near median its 10-year median of 12.49 and 19.7% below the Industrial Products industry median of 14.80. Waffer Technology's overall GF Score™ is 79/100 with 3 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 Waffer Technology (TPE:6235), the current Interest Coverage is 11.89 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 Waffer Technology (TPE:6235) Overvalued in 2026?

Based on GuruFocus' analysis, Waffer Technology stock appears to be undervalued. The current stock price of NT$40.10 is trading 53% below its estimated GF Value™ of NT$85.23. GuruFocus considers Waffer Technology to be Significantly Undervalued.

Key valuation signals for TPE:6235:

  • Interest Coverage: 11.89 (near median its 10-year median of 12.49)
  • GF Value™: NT$85.23 vs. price of NT$40.10 (53% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 19.7% below the Industrial Products median (#1327 of 2325)

No single metric tells the full story. See the TPE:6235 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Waffer Technology Business Description

Address No. 209, Nangang Road, 6th floor, Section 1, Building A, Nangang District, Taipei, TWN, 115
Waffer Technology Corp is a Taiwan-based company that engages in the manufacture and sale of magnesium alloy and aluminum alloy die-casting components and products. It is engaged in the provision of a light-metal solution of magnesium and aluminum alloy, mold and tooling research and development, magnesium alloy injection, magnesium die-casting, CNC, and painting and assembly of vertical integration OEM/ODM processing. The company's segment includes Magnesium Aluminum Alloy, and Plastic. The company generates the majority of its revenue from Magnesium Aluminum Alloy, which is engaged in the production and sale of magnesium aluminum alloy molded products.
79GF Score

Get the complete analysis for TPE:6235

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

NT$40.10
Price
NT$85.23
GF Value