FleetwoodASX:FWD +2.96%64 Interest Coverage is 13.70 as of Dec. 2025, which is 14% below its 10-year median of 15.86. GuruFocus rates ASX:FWD with a GF Score™ of 64/100 and a GF Value™ of A$2.17 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,354 Construction companies, Fleetwood ranks better than 75.63% 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. Fleetwood's
Operating Income
for the
six
months ended in Dec. 2025 was A$16.6 Mil. Fleetwood's Interest Expense for the
six
months ended in Dec. 2025 was A$-1.2 Mil.
Fleetwood's interest coverage for the quarter that ended in Dec. 2025 was 13.70.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Fleetwood's Interest Coverage or its related term are showing as below:
ASX:FWD'
s Interest Coverage Range Over the Past 10 Years
Min: 0.13 Med: 15.86 Max: 42.76
Current: 33.35
ASX:FWD's Interest Coverage is ranked better than 75.63% of 1354
companies
in the Construction industry
Industry Median: 7.865
vs ASX:FWD: 33.35
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 .
Fleetwood Interest Coverage Related Terms
Fleetwood Interest Coverage Historical Data
* Premium members only.
The historical data trend for Fleetwood'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:FWD vs PWR, FIX, EME: Interest Coverage Comparison
For the Engineering & Construction subindustry, Fleetwood'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.
Fleetwood Interest Coverage vs Construction Industry
For the Construction industry and Industrials sector, Fleetwood's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Fleetwood'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.
Fleetwood (ASX:FWD) has a Interest Coverage of 13.70 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Fleetwood and its competitors. This is 14% below median its historical median of 15.86. Over the past decade, Fleetwood's Interest Coverage has ranged from 0.13 to 42.76. According to the industry distribution chart, Fleetwood ranks #330 out of 1354 companies in the Construction industry, placing it in the top 24.4%.
Is Fleetwood's Interest Coverage too high?
Fleetwood's current Interest Coverage of 13.70 is 14% below median its 10-year median of 15.86. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 42.76. The Construction industry median Interest Coverage is 7.87. Fleetwood's value of 13.70 is 74.2% above this industry median. Based on the distribution chart, Fleetwood ranks #330 out of 1354 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Fleetwood has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fleetwood's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Fleetwood ranks #330 out of 1354 companies for Interest Coverage. This places Fleetwood in the top 24% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 7.87. Fleetwood's value of 13.70 is 74.2% above this benchmark. Historically, Fleetwood's own Interest Coverage has ranged from 0.13 to 42.76 over the past decade. While the company's 10-year median is 15.86 vs. the industry median of 7.87, Fleetwood 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 Construction company?
The median Interest Coverage among Construction companies is 7.87, based on 1,354 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. Fleetwood's current Interest Coverage of 13.70 is 74.2% 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 Fleetwood and its competitors. For the Construction industry, the median Interest Coverage is 7.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fleetwood's current Interest Coverage is 13.70, which is 14% below median its own 10-year median of 15.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fleetwood stock overvalued right now?
Based on GuruFocus' analysis, Fleetwood (ASX:FWD) is currently considered Modestly Undervalued. The stock's GF Value™ is A$2.17, compared to a current price of A$1.74 — trading 19.8% below its estimated fair value. The current Interest Coverage is 13.70, which is 14% below median its 10-year median of 15.86 and 74.2% above the Construction industry median of 7.87. Fleetwood's overall GF Score™ is 64/100 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 Fleetwood (ASX:FWD), the current Interest Coverage is 13.70 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 Fleetwood (ASX:FWD) Overvalued in 2026?
Based on GuruFocus' analysis, Fleetwood stock appears to be undervalued.
The current stock price of A$1.74 is trading 19.8% below its estimated GF Value™ of A$2.17.
GuruFocus considers Fleetwood to be Modestly Undervalued.
Key valuation signals for ASX:FWD:
Interest Coverage: 13.70 (14% below median its 10-year median of 15.86)
GF Value™: A$2.17 vs. price of A$1.74 (19.8% below fair value)
Industry Position: 74.2% above the Construction median (#330 of 1354)
No single metric tells the full story. See the ASX:FWD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fleetwood Ltd is a modular construction company. The company works with government departments, owners, architects, and engineers to design and build custom modular buildings predominantly for the affordable housing, education, custodial, and mining industries. The operating business segments are RV Solutions, Building Solutions, and Community Solutions. It generates maximum revenue from the Building Solutions segment. Geographically, the company operates in Australia and New Zealand, with maximum revenue from Australia.
64GF Score
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