Choice Development (TPE:9929) Interest Coverage: 2.44 (As of Dec. 2025) — 77% Above Median


TPE:9929 Choice Development Inc TPE:9929
74 GF Score
Price NT$11.20
GF Value NT$14.50
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Choice Development Interest Coverage?

Choice Development TPE:9929 +0.90% 74 Interest Coverage is 2.44 as of Dec. 2025, which is 77% above its 10-year median of 1.38. GuruFocus rates TPE:9929 with a GF Score™ of 74/100 and a GF Value™ of NT$14.50 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 811 Business Services companies, Choice Development ranks worse than 97.04% 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. Choice Development's Operating Income for the three months ended in Dec. 2025 was NT$16.7 Mil. Choice Development's Interest Expense for the three months ended in Dec. 2025 was NT$-6.9 Mil. Choice Development's interest coverage for the quarter that ended in Dec. 2025 was 2.44. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Choice Development Incs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

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

TPE:9929' s Interest Coverage Range Over the Past 10 Years
Min: 0.5   Med: 1.38   Max: 2004.83
Current: 0.5


TPE:9929's Interest Coverage is ranked worse than
97.04% of 811 companies
in the Business Services industry
Industry Median: 12.98 vs TPE:9929: 0.50

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


Choice Development  (TPE:9929) 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 .


Choice Development Interest Coverage Related Terms


Choice Development Interest Coverage Historical Data

* Premium members only.

The historical data trend for Choice Development'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.

Choice Development Interest Coverage Chart

Choice Development 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 1.21 1.54 0.00 0.00 0.50

Choice Development 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 0.00 0.00 0.78 2.44

TPE:9929 vs CTAS, CPRT, ULS: Interest Coverage Comparison

For the Specialty Business Services subindustry, Choice Development'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.


Choice Development Interest Coverage vs Business Services Industry

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

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


TPE:9929
74GF Score
Choice Development Inc TPE:9929
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Choice Development 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.

Choice Development'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, Choice Development's Interest Expense was NT$-28.7 Mil. Its Operating Income was NT$14.4 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$646.6 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*14.355/-28.671
=0.50

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

Here, for the three months ended in Dec. 2025, Choice Development's Interest Expense was NT$-6.9 Mil. Its Operating Income was NT$16.7 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$646.6 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*16.724/-6.851
=2.44

* 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 2.44 mean?
Choice Development (TPE:9929) has a Interest Coverage of 2.44 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Choice Development and its competitors. This is 77% above median its historical median of 1.38. Over the past decade, Choice Development's Interest Coverage has ranged from 0.50 to 2,004.83. According to the industry distribution chart, Choice Development ranks #787 out of 811 companies in the Business Services industry, placing it in the top 97%.
Is Choice Development's Interest Coverage too high?
Choice Development's current Interest Coverage of 2.44 is 77% above median its 10-year median of 1.38. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 2,004.83. The Business Services industry median Interest Coverage is 12.98. Choice Development's value of 2.44 is 81.2% below this industry median. Based on the distribution chart, Choice Development ranks #787 out of 811 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Choice Development has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Choice Development's Interest Coverage compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Choice Development ranks #787 out of 811 companies for Interest Coverage. This places Choice Development in the lower half of its industry. The industry median Interest Coverage is 12.98. Choice Development's value of 2.44 is 81.2% below this benchmark. Historically, Choice Development's own Interest Coverage has ranged from 0.50 to 2,004.83 over the past decade. While the company's 10-year median is 1.38 vs. the industry median of 12.98, Choice Development 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 Business Services company?
The median Interest Coverage among Business Services companies is 12.98, based on 811 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. Choice Development's current Interest Coverage of 2.44 is 81.2% 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 Choice Development 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. Choice Development's current Interest Coverage is 2.44, which is 77% above median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Choice Development stock overvalued right now?
Based on GuruFocus' analysis, Choice Development (TPE:9929) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$14.50, compared to a current price of NT$11.20 — trading 22.8% below its estimated fair value. The current Interest Coverage is 2.44, which is 77% above median its 10-year median of 1.38 and 81.2% below the Business Services industry median of 12.98. Choice Development's overall GF Score™ is 74/100 with 6 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 Choice Development (TPE:9929), the current Interest Coverage is 2.44 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 Choice Development (TPE:9929) Overvalued in 2026?

Based on GuruFocus' analysis, Choice Development stock appears to be undervalued. The current stock price of NT$11.20 is trading 22.8% below its estimated GF Value™ of NT$14.50. GuruFocus considers Choice Development to be Modestly Undervalued.

Key valuation signals for TPE:9929:

  • Interest Coverage: 2.44 (77% above median its 10-year median of 1.38)
  • GF Value™: NT$14.50 vs. price of NT$11.20 (22.8% below fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 81.2% below the Business Services median (#787 of 811)

No single metric tells the full story. See the TPE:9929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Choice Development Business Description

Address Civic Boulevard, 9th Floor, No. 288, Section 6, Yongji Village, Xinyi District, Taipei, TWN, 10565
Choice Development Inc is engaged in printing, packaging material production, photography, plate making, binding, planning and design, and medical equipment retailing. The company's operating segments are the Printing, Advertising, Innovation, and Development. The majority of its revenue is generated from the Printing department.
74GF Score

Get the complete analysis for TPE:9929

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

NT$11.20
Price
NT$14.50
GF Value