M.C.S. Steel PCL (BKK:MCS) Effective Interest Rate on Debt %: 7.29% (As of Mar. 2026)

M.C.S. Steel PCL BKK:MCS 68 Effective Interest Rate on Debt % is 7.29% as of Mar. 2026. GuruFocus rates BKK:MCS with a GF Score™ of 68/100 and a GF Value™ of ฿6.53 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. M.C.S. Steel PCL's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was ฿21 Mil. M.C.S. Steel PCL's average total debt for the quarter that ended in Mar. 2026 was ฿283 Mil. Therefore, M.C.S. Steel PCL's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 7.29%.

M.C.S. Steel PCL (BKK:MCS) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

M.C.S. Steel PCL Effective Interest Rate on Debt % Related Terms

M.C.S. Steel PCL Effective Interest Rate on Debt % Historical Data

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The historical data trend for M.C.S. Steel PCL's Effective Interest Rate on Debt % 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.

M.C.S. Steel PCL Effective Interest Rate on Debt % Chart

M.C.S. Steel PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Effective Interest Rate on Debt %

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62.40

12.22

29.20

6.46

4.61

M.C.S. Steel PCL Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.78	4.12	4.25	4.85	7.29

BKK:MCS vs NUE, STLD, RS: Effective Interest Rate on Debt % Comparison

For the Steel subindustry, M.C.S. Steel PCL's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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.

M.C.S. Steel PCL Effective Interest Rate on Debt % vs Steel Industry

For the Steel industry and Basic Materials sector, M.C.S. Steel PCL's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where M.C.S. Steel PCL's Effective Interest Rate on Debt % falls into.

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68GF Score

M.C.S. Steel PCL BKK:MCS

Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.

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M.C.S. Steel PCL Effective Interest Rate on Debt % Calculation

M.C.S. Steel PCL's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2024 )	+	Total Debt (A: Dec. 2025 ))	/ count )
=	-1 * -18.731	/	( (529.626	+	282.72)	/ 2 )
=	-1 * -18.731	/	406.173
=	4.61 %

where

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	278.391	+	251.235
=	529.626

	Total Debt (A: Dec. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	201.589	+	81.131
=	282.72

M.C.S. Steel PCL's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2025 )	+	Total Debt (Q: Mar. 2026 ))	/ count )
=	-1 * -20.664	/	( (282.72	+	284.05)	/ 2 )
=	-1 * -20.664	/	283.385
=	7.29 %

where

	Total Debt (Q: Dec. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	201.589	+	81.131
=	282.72

	Total Debt (Q: Mar. 2026 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	198.08	+	85.97
=	284.05

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about Effective Interest Rate on Debt % →

What does a Effective Interest Rate on Debt % of 7.29% mean?

M.C.S. Steel PCL (BKK:MCS) has a Effective Interest Rate on Debt % of 7.29% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on M.C.S. Steel PCL and its competitors.

Is M.C.S. Steel PCL's Effective Interest Rate on Debt % too high?

M.C.S. Steel PCL's current Effective Interest Rate on Debt % is 7.29%. Overall, M.C.S. Steel PCL has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does M.C.S. Steel PCL's Effective Interest Rate on Debt % compare to NUE and STLD?

M.C.S. Steel PCL's Effective Interest Rate on Debt % of 7.29% can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Effective Interest Rate on Debt % for a Steel company?

A good Effective Interest Rate on Debt % depends on the Steel industry context. However, Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % mean?

A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on M.C.S. Steel PCL and its competitors. M.C.S. Steel PCL's current Effective Interest Rate on Debt % is 7.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is M.C.S. Steel PCL stock overvalued right now?

Based on GuruFocus' analysis, M.C.S. Steel PCL (BKK:MCS) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿6.53, compared to a current price of ฿7.85 — trading 20.2% above its estimated fair value. The current Effective Interest Rate on Debt % is 7.29%. M.C.S. Steel PCL's overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Effective Interest Rate on Debt % calculated?

Effective Interest Rate on Debt % is calculated from a company's financial statements. For M.C.S. Steel PCL (BKK:MCS), the current Effective Interest Rate on Debt % is 7.29% 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 M.C.S. Steel PCL (BKK:MCS) Overvalued in 2026?

Based on GuruFocus' analysis, M.C.S. Steel PCL stock appears to be overvalued. The current stock price of ฿7.85 is trading 20.2% above its estimated GF Value™ of ฿6.53. GuruFocus considers M.C.S. Steel PCL to be Modestly Overvalued.

Key valuation signals for BKK:MCS:

Effective Interest Rate on Debt %: 7.29%
GF Value™: ฿6.53 vs. price of ฿7.85 (20.2% above fair value)
GF Score™: 68/100 with 5 warning signs

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

M.C.S. Steel PCL Business Description

Industry Basic Materials Steel

Comparable Companies BKK:GJS BKK:INOX BKK:TMT BKK:SMIT BKK:2S BKK:PAP BKK:SSSC BKK:LHK BKK:CHOW BKK:AMC NUE XAMS:MT STLD BOM:500228 NSE:TATASTEEL RS TSE:5401 SHSE:600019 XKRX:005490 SHSE:600010

Address 70 Moo 2, Tambol Changyai, Amphoe Bangsai, Ayutthaya, THA, 13290

Website http://www.mcssteel.com

M.C.S. Steel PCL is engaged in the production and distribution of structural steel products for building construction and residential development projects for sale. It provides and exports steel structure works for various projects. The company's services include engineering design, parts, and quality control. The company's product and services portfolio includes Fabrication and sale of structural steel of which substantial income is earned, Fabrication including installation of structural steel, and Rendering of services. The business operates in three geographical segments: Thailand, Japan, and China. Key revenue is earned from domestic sales.

68GF Score

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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿7.85

Price

฿6.53

GF Value

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