Taiwan PaihoTPE:9938 -1.09%78 Interest Coverage is 3.06 as of Dec. 2025, which is 73% below its 10-year median of 11.50. GuruFocus rates TPE:9938 with a GF Score™ of 78/100 and a GF Value™ of NT$68.91 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 734 Manufacturing - Apparel & Accessories companies, Taiwan Paiho ranks worse than 53% 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 Paiho's
Operating Income
for the
three
months ended in Dec. 2025 was NT$409 Mil. Taiwan Paiho's Interest Expense for the
three
months ended in Dec. 2025 was NT$-134 Mil.
Taiwan Paiho's interest coverage for the quarter that ended in Dec. 2025 was 3.06.
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. Taiwan Paiho Ltd interest coverage is 4.6, which is low.
The historical rank and industry rank for Taiwan Paiho's Interest Coverage or its related term are showing as below:
TPE:9938'
s Interest Coverage Range Over the Past 10 Years
Min: 1.72 Med: 11.5 Max: 39.29
Current: 4.6
TPE:9938's Interest Coverage is ranked worse than 53% of 734
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.445
vs TPE:9938: 4.60
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 Paiho Interest Coverage Related Terms
Taiwan Paiho Interest Coverage Historical Data
* Premium members only.
The historical data trend for Taiwan Paiho'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.
For the Textile Manufacturing subindustry, Taiwan Paiho'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 Paiho Interest Coverage vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Taiwan Paiho's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Taiwan Paiho's Interest Coverage falls into.
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:
* 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.
Taiwan Paiho (TPE:9938) has a Interest Coverage of 3.06 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Taiwan Paiho and its competitors. This is 73% below median its historical median of 11.50. Over the past decade, Taiwan Paiho's Interest Coverage has ranged from 1.72 to 39.29. According to the industry distribution chart, Taiwan Paiho ranks #389 out of 734 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 53%.
Is Taiwan Paiho's Interest Coverage too high?
Taiwan Paiho's current Interest Coverage of 3.06 is 73% below median its 10-year median of 11.50. Over the past 10 years, this metric has ranged from a low of 1.72 to a high of 39.29. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.45. Taiwan Paiho's value of 3.06 is 43.8% below this industry median. Based on the distribution chart, Taiwan Paiho ranks #389 out of 734 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Taiwan Paiho has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Taiwan Paiho's Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Taiwan Paiho ranks #389 out of 734 companies for Interest Coverage. This places Taiwan Paiho in the lower half of its industry. The industry median Interest Coverage is 5.45. Taiwan Paiho's value of 3.06 is 43.8% below this benchmark. Historically, Taiwan Paiho's own Interest Coverage has ranged from 1.72 to 39.29 over the past decade. While the company's 10-year median is 11.50 vs. the industry median of 5.45, Taiwan Paiho 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 Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.45, based on 734 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 Paiho's current Interest Coverage of 3.06 is 43.8% 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 Taiwan Paiho and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Paiho's current Interest Coverage is 3.06, which is 73% below median its own 10-year median of 11.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Paiho stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Paiho (TPE:9938) is currently considered Possible Value Trap. The stock's GF Value™ is NT$68.91, compared to a current price of NT$45.40 — trading 34.1% below its estimated fair value. The current Interest Coverage is 3.06, which is 73% below median its 10-year median of 11.50 and 43.8% below the Manufacturing - Apparel & Accessories industry median of 5.45. Taiwan Paiho's overall GF Score™ is 78/100 with 7 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 Paiho (TPE:9938), the current Interest Coverage is 3.06 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 Paiho (TPE:9938) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Paiho stock appears to be undervalued.
The current stock price of NT$45.40 is trading 34.1% below its estimated GF Value™ of NT$68.91.
GuruFocus considers Taiwan Paiho to be Possible Value Trap.
Key valuation signals for TPE:9938:
Interest Coverage: 3.06 (73% below median its 10-year median of 11.50)
GF Value™: NT$68.91 vs. price of NT$45.40 (34.1% below fair value)
Industry Position: 43.8% below the Manufacturing - Apparel & Accessories median (#389 of 734)
No single metric tells the full story. See the TPE:9938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Paiho Ltd manufactures and sells touch fasteners, webbing, shoelaces, elastic, easy tape, and related superficial materials, as well as residential buildings constructed by entrusted construction contractors. The Group is also engaged in the construction business, including the sale of housing, shopping centers, and office buildings constructed by entrusted construction contractors. The Group operates through two reportable segments: Production, which generates maximum revenue, and Construction. Its business mainly operates in Taiwan, China, and Vietnam, with maximum revenue generated from Vietnam.
78GF Score
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