Taiwan Secom Co (TPE:9917) Interest Coverage: 18.94 (As of Dec. 2025) — 67% Below Median


TPE:9917 Taiwan Secom Co Ltd TPE:9917
90 GF Score
Price NT$106.00
GF Value NT$139.14
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Taiwan Secom Co Interest Coverage?

Taiwan Secom Co TPE:9917 +0.47% 90 Interest Coverage is 18.94 as of Dec. 2025, which is 67% below its 10-year median of 57.16. GuruFocus rates TPE:9917 with a GF Score™ of 90/100 and a GF Value™ of NT$139.14 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 812 Business Services companies, Taiwan Secom Co ranks better than 57.76% 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. Taiwan Secom Co's Operating Income for the three months ended in Dec. 2025 was NT$735 Mil. Taiwan Secom Co's Interest Expense for the three months ended in Dec. 2025 was NT$-39 Mil. Taiwan Secom Co's interest coverage for the quarter that ended in Dec. 2025 was 18.94. The higher the ratio, the stronger the company's financial strength is.

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

TPE:9917' s Interest Coverage Range Over the Past 10 Years
Min: 19.81   Med: 57.16   Max: 72.04
Current: 19.81


TPE:9917's Interest Coverage is ranked better than
57.76% of 812 companies
in the Business Services industry
Industry Median: 12.98 vs TPE:9917: 19.81

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


Taiwan Secom Co  (TPE:9917) 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 .


Taiwan Secom Co Interest Coverage Related Terms


Taiwan Secom Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Taiwan Secom Co'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.

Taiwan Secom Co Interest Coverage Chart

Taiwan Secom Co 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 54.09 37.36 23.51 22.68 19.81

Taiwan Secom Co 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 26.36 22.76 19.88 17.98 18.94

TPE:9917 vs ALLE, MSA, ADT: Interest Coverage Comparison

For the Security & Protection Services subindustry, Taiwan Secom Co'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.


Taiwan Secom Co Interest Coverage vs Business Services Industry

For the Business Services industry and Industrials sector, Taiwan Secom Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Taiwan Secom Co's Interest Coverage falls into.


TPE:9917
90GF Score
Taiwan Secom Co Ltd TPE:9917
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Secom Co 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.

Taiwan Secom Co'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, Taiwan Secom Co's Interest Expense was NT$-156 Mil. Its Operating Income was NT$3,083 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$5,825 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*3082.813/-155.59
=19.81

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

Here, for the three months ended in Dec. 2025, Taiwan Secom Co's Interest Expense was NT$-39 Mil. Its Operating Income was NT$735 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$5,825 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*735.409/-38.826
=18.94

* 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 18.94 mean?
Taiwan Secom Co (TPE:9917) has a Interest Coverage of 18.94 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Taiwan Secom Co and its competitors. This is 67% below median its historical median of 57.16. Over the past decade, Taiwan Secom Co's Interest Coverage has ranged from 19.81 to 72.04. According to the industry distribution chart, Taiwan Secom Co ranks #343 out of 812 companies in the Business Services industry, placing it in the top 42.2%.
Is Taiwan Secom Co's Interest Coverage too high?
Taiwan Secom Co's current Interest Coverage of 18.94 is 67% below median its 10-year median of 57.16. Over the past 10 years, this metric has ranged from a low of 19.81 to a high of 72.04. The Business Services industry median Interest Coverage is 12.98. Taiwan Secom Co's value of 18.94 is 45.9% above this industry median. Based on the distribution chart, Taiwan Secom Co ranks #343 out of 812 companies in the Business Services industry, which is above the industry midpoint. Overall, Taiwan Secom Co has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Secom Co's Interest Coverage compare to ALLE and MSA?
According to the Business Services industry distribution chart, Taiwan Secom Co ranks #343 out of 812 companies for Interest Coverage. This puts Taiwan Secom Co in the upper half of its industry. The industry median Interest Coverage is 12.98. Taiwan Secom Co's value of 18.94 is 45.9% above this benchmark. Historically, Taiwan Secom Co's own Interest Coverage has ranged from 19.81 to 72.04 over the past decade. While the company's 10-year median is 57.16 vs. the industry median of 12.98, Taiwan Secom Co 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 Business Services company?
The median Interest Coverage among Business Services companies is 12.98, based on 812 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. Taiwan Secom Co's current Interest Coverage of 18.94 is 45.9% 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 Taiwan Secom Co and its competitors. For the Business Services industry, the median Interest Coverage is 12.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Secom Co's current Interest Coverage is 18.94, which is 67% below median its own 10-year median of 57.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Secom Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Secom Co (TPE:9917) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$139.14, compared to a current price of NT$106.00 — trading 23.8% below its estimated fair value. The current Interest Coverage is 18.94, which is 67% below median its 10-year median of 57.16 and 45.9% above the Business Services industry median of 12.98. Taiwan Secom Co's overall GF Score™ is 90/100 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 Taiwan Secom Co (TPE:9917), the current Interest Coverage is 18.94 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 Taiwan Secom Co (TPE:9917) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Secom Co stock appears to be undervalued. The current stock price of NT$106.00 is trading 23.8% below its estimated GF Value™ of NT$139.14. GuruFocus considers Taiwan Secom Co to be Modestly Undervalued.

Key valuation signals for TPE:9917:

  • Interest Coverage: 18.94 (67% below median its 10-year median of 57.16)
  • GF Value™: NT$139.14 vs. price of NT$106.00 (23.8% below fair value)
  • GF Score™: 90/100 with 5 warning signs
  • Industry Position: 45.9% above the Business Services median (#343 of 812)

No single metric tells the full story. See the TPE:9917 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Secom Co Business Description

Address 13th Floor, No.135, Jingmao 2nd Road, Nangang District, Taipei, TWN
Taiwan Secom Co Ltd is engaged mainly in the security service. Its segments consist of Electronic systems segment engages in security system related service; Security services segment engages in security guarding related service; Cash delivery services engages in cash delivery service; Logistics services segment engages in logistic service; and Catering services segment engages in catering services. It derives the majority of revenue from Electronic systems segment.
90GF Score

Get the complete analysis for TPE:9917

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

NT$106.00
Price
NT$139.14
GF Value