Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


TPE:9110 Vietnam Manufacturing and Export Processing (Holdings) Ltd TPE:9110
50 GF Score
Price NT$3.26
GF Value NT$6.09
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Vietnam Manufacturing and Export Processing (Holdings) Interest Coverage?

Vietnam Manufacturing and Export Processing (Holdings) TPE:9110 -1.21% 50 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates TPE:9110 with a GF Score™ of 50/100 and a GF Value™ of NT$6.09 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,066 Vehicles & Parts companies, Vietnam Manufacturing and Export Processing (Holdings) ranks worse than 93808.54% 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. Vietnam Manufacturing and Export Processing (Holdings)'s Operating Income for the three months ended in Mar. 2026 was NT$-18 Mil. Vietnam Manufacturing and Export Processing (Holdings)'s Interest Expense for the three months ended in Mar. 2026 was NT$-12 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Vietnam Manufacturing and Export Processing (Holdings)'s Interest Coverage or its related term are showing as below:


TPE:9110's Interest Coverage is not ranked *
in the Vehicles & Parts industry.
Industry Median: 8.295
* Ranked among companies with meaningful Interest Coverage only.

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


Vietnam Manufacturing and Export Processing (Holdings)  (TPE:9110) 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 .


Vietnam Manufacturing and Export Processing (Holdings) Interest Coverage Related Terms


Vietnam Manufacturing and Export Processing (Holdings) Interest Coverage Historical Data

* Premium members only.

The historical data trend for Vietnam Manufacturing and Export Processing (Holdings)'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.

Vietnam Manufacturing and Export Processing (Holdings) Interest Coverage Chart

Vietnam Manufacturing and Export Processing (Holdings) 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 0.00 0.00 0.34 0.00 0.00

Vietnam Manufacturing and Export Processing (Holdings) Quarterly Data
Jun20 Dec20 Jun21 Dec21 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 0.62 0.18 0.00 0.00 0.00

TPE:9110 vs BC, PII, THO: Interest Coverage Comparison

For the Recreational Vehicles subindustry, Vietnam Manufacturing and Export Processing (Holdings)'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.


Vietnam Manufacturing and Export Processing (Holdings) Interest Coverage vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Vietnam Manufacturing and Export Processing (Holdings)'s Interest Coverage distribution charts can be found below:

* The bar in red indicates where Vietnam Manufacturing and Export Processing (Holdings)'s Interest Coverage falls into.


TPE:9110
50GF Score
Vietnam Manufacturing and Export Processing (Holdings) Ltd TPE:9110
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vietnam Manufacturing and Export Processing (Holdings) 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.

Vietnam Manufacturing and Export Processing (Holdings)'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, Vietnam Manufacturing and Export Processing (Holdings)'s Interest Expense was NT$-65 Mil. Its Operating Income was NT$-94 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$21 Mil.

Vietnam Manufacturing and Export Processing (Holdings) did not have earnings to cover the interest expense.

Vietnam Manufacturing and Export Processing (Holdings)'s Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Vietnam Manufacturing and Export Processing (Holdings)'s Interest Expense was NT$-12 Mil. Its Operating Income was NT$-18 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$21 Mil.

Vietnam Manufacturing and Export Processing (Holdings) did not have earnings to cover the 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.

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 0 (At Loss) mean?
Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Vietnam Manufacturing and Export Processing (Holdings) and its competitors. According to the industry distribution chart, Vietnam Manufacturing and Export Processing (Holdings) ranks #999999 out of 1066 companies in the Vehicles & Parts industry.
Is Vietnam Manufacturing and Export Processing (Holdings)'s Interest Coverage too high?
Vietnam Manufacturing and Export Processing (Holdings)'s current Interest Coverage is 0 (At Loss). Based on the distribution chart, Vietnam Manufacturing and Export Processing (Holdings) ranks #999999 out of 1066 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Vietnam Manufacturing and Export Processing (Holdings) has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vietnam Manufacturing and Export Processing (Holdings)'s Interest Coverage compare to BC and PII?
According to the Vehicles & Parts industry distribution chart, Vietnam Manufacturing and Export Processing (Holdings) ranks #999999 out of 1066 companies for Interest Coverage. This places Vietnam Manufacturing and Export Processing (Holdings) in the lower half of its industry. The industry median Interest Coverage is 8.30. 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 Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.30, based on 1,066 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. 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 Vietnam Manufacturing and Export Processing (Holdings) and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vietnam Manufacturing and Export Processing (Holdings)'s current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vietnam Manufacturing and Export Processing (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$6.09, compared to a current price of NT$3.26 — trading 46.5% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Vietnam Manufacturing and Export Processing (Holdings)'s overall GF Score™ is 50/100 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 Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110), the current Interest Coverage is 0 (At Loss) 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 Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110) Overvalued in 2026?

Based on GuruFocus' analysis, Vietnam Manufacturing and Export Processing (Holdings) stock appears to be undervalued. The current stock price of NT$3.26 is trading 46.5% below its estimated GF Value™ of NT$6.09. GuruFocus considers Vietnam Manufacturing and Export Processing (Holdings) to be Significantly Undervalued.

Key valuation signals for TPE:9110:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: NT$6.09 vs. price of NT$3.26 (46.5% below fair value)
  • GF Score™: 50/100 with 3 warning signs

No single metric tells the full story. See the TPE:9110 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vietnam Manufacturing and Export Processing (Holdings) Business Description

Other Exchanges 00422:Hong Kong
Address Section 5, Tam Hiep Ward, Dong Nai, Bien Hoa, VNM
Vietnam Manufacturing and Export Processing (Holdings) Ltd is engaged in manufacturing and sales of motorbikes, and related spare parts and engines. Its segments include Manufacturing and sale of motorbikes segment that includes motorbikes manufactured for the Vietnamese market and exports it to other countries including Malaysia, the Philippines, Thailand, Italy, Greece, United Arab Emirates and Singapore; and Manufacturing; and Sale of spare parts and engines segment manufactures engines for use in the group's motorbikes, while the group also exports engines to third parties. It manufactures parts for use in repair servicing and product assembly. Geographically, it operates in Vietnam, Malaysia, Philippines, United Arab Emirates, Greece, Thailand, Italy, Singapore, and Other Countries.
50GF Score

Get the complete analysis for TPE:9110

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

NT$3.26
Price
NT$6.09
GF Value