FleetPartners GroupASX:FPR +1.81%75 Interest Coverage is 19.67 as of Mar. 2026, which is 26% above its 10-year median of 15.59. GuruFocus rates ASX:FPR with a GF Score™ of 75/100 and a GF Value™ of A$3.64 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 812 Business Services companies, FleetPartners Group ranks better than 53.57% 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. FleetPartners Group's
Operating Income
for the
six
months ended in Mar. 2026 was A$56.7 Mil. FleetPartners Group's Interest Expense for the
six
months ended in Mar. 2026 was A$-2.9 Mil.
FleetPartners Group's interest coverage for the quarter that ended in Mar. 2026 was 19.67.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for FleetPartners Group's Interest Coverage or its related term are showing as below:
ASX:FPR'
s Interest Coverage Range Over the Past 10 Years
Min: 3.72 Med: 15.59 Max: 20.96
Current: 15.95
ASX:FPR's Interest Coverage is ranked better than 53.57% of 812
companies
in the Business Services industry
Industry Median: 12.98
vs ASX:FPR: 15.95
FleetPartners Group (ASX:FPR) 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 .
FleetPartners Group Interest Coverage Related Terms
FleetPartners Group Interest Coverage Historical Data
* Premium members only.
The historical data trend for FleetPartners Group'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.
ASX:FPR vs URI, SUNB, AER: Interest Coverage Comparison
For the Rental & Leasing Services subindustry, FleetPartners Group'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.
FleetPartners Group Interest Coverage vs Business Services Industry
For the Business Services industry and Industrials sector, FleetPartners Group's Interest Coverage distribution charts can be found below:
* The bar in red indicates where FleetPartners Group'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.
FleetPartners Group (ASX:FPR) has a Interest Coverage of 19.67 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on FleetPartners Group and its competitors. This is 26% above median its historical median of 15.59. Over the past decade, FleetPartners Group's Interest Coverage has ranged from 3.72 to 20.96. According to the industry distribution chart, FleetPartners Group ranks #377 out of 812 companies in the Business Services industry, placing it in the top 46.4%.
Is FleetPartners Group's Interest Coverage too high?
FleetPartners Group's current Interest Coverage of 19.67 is 26% above median its 10-year median of 15.59. Over the past 10 years, this metric has ranged from a low of 3.72 to a high of 20.96. The Business Services industry median Interest Coverage is 12.98. FleetPartners Group's value of 19.67 is 51.5% above this industry median. Based on the distribution chart, FleetPartners Group ranks #377 out of 812 companies in the Business Services industry, which is above the industry midpoint. Overall, FleetPartners Group has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FleetPartners Group's Interest Coverage compare to URI and SUNB?
According to the Business Services industry distribution chart, FleetPartners Group ranks #377 out of 812 companies for Interest Coverage. This puts FleetPartners Group in the upper half of its industry. The industry median Interest Coverage is 12.98. FleetPartners Group's value of 19.67 is 51.5% above this benchmark. Historically, FleetPartners Group's own Interest Coverage has ranged from 3.72 to 20.96 over the past decade. While the company's 10-year median is 15.59 vs. the industry median of 12.98, FleetPartners Group 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. FleetPartners Group's current Interest Coverage of 19.67 is 51.5% 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 FleetPartners Group 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. FleetPartners Group's current Interest Coverage is 19.67, which is 26% above median its own 10-year median of 15.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FleetPartners Group stock overvalued right now?
Based on GuruFocus' analysis, FleetPartners Group (ASX:FPR) is currently considered Modestly Undervalued. The stock's GF Value™ is A$3.64, compared to a current price of A$2.82 — trading 22.5% below its estimated fair value. The current Interest Coverage is 19.67, which is 26% above median its 10-year median of 15.59 and 51.5% above the Business Services industry median of 12.98. FleetPartners Group's overall GF Score™ is 75/100 with 4 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 FleetPartners Group (ASX:FPR), the current Interest Coverage is 19.67 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 FleetPartners Group (ASX:FPR) Overvalued in 2026?
Based on GuruFocus' analysis, FleetPartners Group stock appears to be undervalued.
The current stock price of A$2.82 is trading 22.5% below its estimated GF Value™ of A$3.64.
GuruFocus considers FleetPartners Group to be Modestly Undervalued.
Key valuation signals for ASX:FPR:
Interest Coverage: 19.67 (26% above median its 10-year median of 15.59)
GF Value™: A$3.64 vs. price of A$2.82 (22.5% below fair value)
Industry Position: 51.5% above the Business Services median (#377 of 812)
No single metric tells the full story. See the ASX:FPR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FleetPartners Group Ltd is a provider of fleet leasing and fleet management services that operates across Australia and New Zealand. The company offers consumers and businesses access to funding solutions including fleet leasing, novated leasing, and salary packaging solutions. Its business segments include Australia commercial, Novated, and New Zealand commercial, with the majority of revenue flowing from Australia commercial. Australia commercial provides fleet leasing and management services; novated provides novated leasing and salary packaging services in Australia, and New Zealand commercial provides fleet leasing, management, and vehicle dealerships. Some of its brands include FleetPartners, FleetPlus and FleetChoice.
75GF Score
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