Banpu PCL (BKK:BANPU) Interest Coverage: 1.75 (As of Mar. 2026) — 72% Above Median

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BKK:BANPU Banpu PCL BKK:BANPU
81 GF Score
Price ฿15.10
GF Value ฿11.77
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Banpu PCL Interest Coverage?

Banpu PCL BKK:BANPU +25.83% 81 Interest Coverage is 1.75 as of Mar. 2026, which is 72% above its 10-year median of 1.02. GuruFocus rates BKK:BANPU with a GF Score™ of 81/100 and a GF Value™ of ฿11.77 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 324 Utilities - Independent Power Producers companies, Banpu PCL ranks worse than 75% 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. Banpu PCL's Operating Income for the three months ended in Mar. 2026 was ฿535 Mil. Banpu PCL's Interest Expense for the three months ended in Mar. 2026 was ฿-306 Mil. Banpu PCL's interest coverage for the quarter that ended in Mar. 2026 was 1.75. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Banpu PCL's Interest Coverage or its related term are showing as below:

BKK:BANPU' s Interest Coverage Range Over the Past 10 Years
Min: 0.19   Med: 1.02   Max: 3.65
Current: 1.32


BKK:BANPU's Interest Coverage is ranked worse than
75% of 324 companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.77 vs BKK:BANPU: 1.32

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Banpu PCL  (BKK:BANPU) 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 .


Banpu PCL Interest Coverage Related Terms


Banpu PCL Interest Coverage Historical Data

* Premium members only.

The historical data trend for Banpu PCL'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.

Banpu PCL Interest Coverage Chart

Banpu PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.59 2.93 0.00 1.02

Banpu PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.35 0.78 1.14 1.88 1.75

BKK:BANPU vs CEG, VST, NRG: Interest Coverage Comparison

For the Utilities - Independent Power Producers subindustry, Banpu PCL'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.


Banpu PCL Interest Coverage vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Banpu PCL's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Banpu PCL's Interest Coverage falls into.


BKK:BANPU
81GF Score
Banpu PCL BKK:BANPU
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banpu PCL Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Banpu PCL's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Banpu PCL's Interest Expense was ฿-2,447 Mil. Its Operating Income was ฿2,487 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿27,341 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*2486.881/-2447.46
=1.02

Banpu PCL's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Banpu PCL's Interest Expense was ฿-306 Mil. Its Operating Income was ฿535 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿13,118 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*534.502/-306.057
=1.75

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 1.75 mean?
Banpu PCL (BKK:BANPU) has a Interest Coverage of 1.75 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Banpu PCL and its competitors. This is 72% above median its historical median of 1.02. Over the past decade, Banpu PCL's Interest Coverage has ranged from 0.19 to 3.65. According to the industry distribution chart, Banpu PCL ranks #243 out of 324 companies in the Utilities - Independent Power Producers industry, placing it in the top 75%.
Is Banpu PCL's Interest Coverage too high?
Banpu PCL's current Interest Coverage of 1.75 is 72% above median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 3.65. The Utilities - Independent Power Producers industry median Interest Coverage is 2.77. Banpu PCL's value of 1.75 is 36.8% below this industry median. Based on the distribution chart, Banpu PCL ranks #243 out of 324 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Banpu PCL has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Banpu PCL's Interest Coverage compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Banpu PCL ranks #243 out of 324 companies for Interest Coverage. This places Banpu PCL in the lower half of its industry. The industry median Interest Coverage is 2.77. Banpu PCL's value of 1.75 is 36.8% below this benchmark. Historically, Banpu PCL's own Interest Coverage has ranged from 0.19 to 3.65 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 2.77, Banpu PCL 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 an Utilities - Independent Power Producers company?
The median Interest Coverage among Utilities - Independent Power Producers companies is 2.77, based on 324 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. Banpu PCL's current Interest Coverage of 1.75 is 36.8% 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 Banpu PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Interest Coverage is 2.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banpu PCL's current Interest Coverage is 1.75, which is 72% above median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banpu PCL stock overvalued right now?
Based on GuruFocus' analysis, Banpu PCL (BKK:BANPU) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿11.77, compared to a current price of ฿15.10 — trading 28.3% above its estimated fair value. The current Interest Coverage is 1.75, which is 72% above median its 10-year median of 1.02 and 36.8% below the Utilities - Independent Power Producers industry median of 2.77. Banpu PCL's overall GF Score™ is 81/100 with 8 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 Banpu PCL (BKK:BANPU), the current Interest Coverage is 1.75 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 Banpu PCL (BKK:BANPU) Overvalued in 2026?

Based on GuruFocus' analysis, Banpu PCL stock appears to be overvalued. The current stock price of ฿15.10 is trading 28.3% above its estimated GF Value™ of ฿11.77. GuruFocus considers Banpu PCL to be Modestly Overvalued.

Key valuation signals for BKK:BANPU:

  • Interest Coverage: 1.75 (72% above median its 10-year median of 1.02)
  • GF Value™: ฿11.77 vs. price of ฿15.10 (28.3% above fair value)
  • GF Score™: 81/100 with 8 warning signs
  • Industry Position: 36.8% below the Utilities - Independent Power Producers median (#243 of 324)

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


Banpu PCL Business Description

Address 1550 New Petchburi Road, 26th Floor, Thanapoom Tower, Makkasan, Ratchathewi, Bangkok, THA, 10400
Banpu Power PCL is engaged in investments in power businesses in Thailand and overseas. The business activities of the group include the generation and sale of electricity and other related business. The company's business segments include Power+: Power generation from thermal and renewable energy sources, both domestically and internationally. Second segment being Future Tech: Battery energy storage systems, solar rooftop and floating solar systems, battery production, energy trading, e-mobility, and energy efficiency businesses. Geographically, the company has its presence in the United States which is the key revenue driver, China, and other regions.
81GF Score

Get the complete analysis for BKK:BANPU

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿15.10
Price
฿11.77
GF Value