Banpu Power PCL (BKK:BPP-R) Interest Coverage: 1.75 (As of Mar. 2026) — 72% Above Median


BKK:BPP-R Banpu Power PCL BKK:BPP-R
82 GF Score
Price ฿10.10
GF Value ฿10.29
! 6 Warning Signs
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What is Banpu Power PCL Interest Coverage?

Banpu Power PCL BKK:BPP-R 82 Interest Coverage is 1.75 as of Mar. 2026, which is 72% above its 10-year median of 1.02. GuruFocus rates BKK:BPP-R with a GF Score™ of 82/100 and a GF Value™ of ฿10.29. The stock has 6 warning signs investors should review. Among 321 Utilities - Independent Power Producers companies, Banpu Power PCL ranks worse than 74.77% 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 Power PCL's Operating Income for the three months ended in Mar. 2026 was ฿535 Mil. Banpu Power PCL's Interest Expense for the three months ended in Mar. 2026 was ฿-306 Mil. Banpu Power 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 Power PCL's Interest Coverage or its related term are showing as below:

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


BKK:BPP-R's Interest Coverage is ranked worse than
74.77% of 321 companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.92 vs BKK:BPP-R: 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 Power PCL  (BKK:BPP-R) 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 Power PCL Interest Coverage Related Terms


Banpu Power PCL Interest Coverage Historical Data

* Premium members only.

The historical data trend for Banpu Power 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 Power PCL Interest Coverage Chart

Banpu Power 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 Power 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:BPP-R vs CEG, VST, NRG: Interest Coverage Comparison

For the Utilities - Independent Power Producers subindustry, Banpu Power 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 Power PCL Interest Coverage vs Utilities - Independent Power Producers Industry

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

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


BKK:BPP-R
82GF Score
Banpu Power PCL BKK:BPP-R
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Banpu Power 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 Power 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 Power 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 Power 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 Power 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 Power PCL (BKK:BPP-R) 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 Power PCL and its competitors. This is 72% above median its historical median of 1.02. Over the past decade, Banpu Power PCL's Interest Coverage has ranged from 0.19 to 3.65. According to the industry distribution chart, Banpu Power PCL ranks #240 out of 321 companies in the Utilities - Independent Power Producers industry, placing it in the top 74.8%.
Is Banpu Power PCL's Interest Coverage too high?
Banpu Power 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 2.92. Banpu Power PCL's value of 1.75 is 40.1% below this industry median. Based on the distribution chart, Banpu Power PCL ranks #240 out of 321 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Banpu Power PCL has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Banpu Power PCL's Interest Coverage compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Banpu Power PCL ranks #240 out of 321 companies for Interest Coverage. This places Banpu Power PCL in the lower half of its industry. The industry median Interest Coverage is 2.92. Banpu Power PCL's value of 1.75 is 40.1% below this benchmark. Historically, Banpu Power 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 2.92, Banpu Power 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 2.92, based on 321 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 Power PCL's current Interest Coverage of 1.75 is 40.1% 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 Power PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Interest Coverage is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banpu Power 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 Power PCL stock overvalued right now?
Banpu Power PCL (BKK:BPP-R) has a current Interest Coverage of 1.75. The stock's GF Value™ is ฿10.29, compared to a current price of ฿10.10 — trading 1.8% below its estimated fair value. The current Interest Coverage is 1.75, which is 72% above median its 10-year median of 1.02 and 40.1% below the Utilities - Independent Power Producers industry median of 2.92. Banpu Power PCL's overall GF Score™ is 82/100 with 6 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 Power PCL (BKK:BPP-R), 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 Power PCL (BKK:BPP-R) Overvalued in 2026?

Based on GuruFocus' analysis, Banpu Power PCL stock appears to be undervalued. The current stock price of ฿10.10 is trading 1.8% below its estimated GF Value™ of ฿10.29.

Key valuation signals for BKK:BPP-R:

  • Interest Coverage: 1.75 (72% above median its 10-year median of 1.02)
  • GF Value™: ฿10.29 vs. price of ฿10.10 (1.8% below fair value)
  • GF Score™: 82/100 with 6 warning signs
  • Industry Position: 40.1% below the Utilities - Independent Power Producers median (#240 of 321)

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


Banpu Power PCL Business Description

Other Exchanges BPP:Thailand
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.
82GF Score

Get the complete analysis for BKK:BPP-R

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

฿10.10
Price
฿10.29
GF Value