Railroad signaling systems perform controlling the distance and routes between trains. Signaling methods on the wayside are to control passively the train speed by using signal flags which are installed on the wayside. ATS(Automatic Train Stop) device is used as the signaling method on the wayside in Korea. The ATS device is assistance equipment of engineers. Signal information is transmitted by combining mutual inductance between the wayside transmitter and on-board receiver. The wayside transmitter performs changing oscillation frequency according to the signal information. The on-board receiver performs controlling the train by receiving the frequency. Currently, the oscillation frequency on the on-board receiver is 78[kHz] in case of normal state. When the on-board receiver is over the wayside transmitter, the oscillation frequency is changed by capacitors of the wayside transmitter according to signal flags. In case of changing the oscillation frequency, the waveform is modified in the wayside transmitter and on-board receiver. This phenomenon is that other signals or communication frequency are included. In this paper, electric model between the wayside transmitter and on-board receiver is suggested and frequency response in the wayside transmitter and on-board receiver including other signals is estimated by the coupling coefficient. Also, the value of coupling coefficient is proposed to exclude other signals and demonstrated by using Matlab and PSpice program.