CSP Steel Center PCLBKK:CSP-R 31 Interest Coverage is 2.83 as of Mar. 2026, which is 7% below its 10-year median of 3.04. GuruFocus rates BKK:CSP-R with a GF Score™ of 31/100 and a GF Value™ of ฿0.49. The stock has 6 warning signs investors should review. Among 459 Steel companies, CSP Steel Center PCL ranks worse than 93.68% 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. CSP Steel Center PCL's
Operating Income
for the
three
months ended in Mar. 2026 was ฿27 Mil. CSP Steel Center PCL's Interest Expense for the
three
months ended in Mar. 2026 was ฿-10 Mil.
CSP Steel Center PCL's interest coverage for the quarter that ended in Mar. 2026 was 2.83.
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. CSP Steel Center PCLs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.
The historical rank and industry rank for CSP Steel Center PCL's Interest Coverage or its related term are showing as below:
BKK:CSP-R'
s Interest Coverage Range Over the Past 10 Years
Min: 0.21 Med: 3.04 Max: 18.43
Current: 0.57
BKK:CSP-R's Interest Coverage is ranked worse than 93.68% of 459
companies
in the Steel industry
Industry Median: 4.48
vs BKK:CSP-R: 0.57
CSP Steel Center PCL (BKK:CSP-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 .
CSP Steel Center PCL Interest Coverage Related Terms
CSP Steel Center PCL Interest Coverage Historical Data
* Premium members only.
The historical data trend for CSP Steel Center 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.
BKK:CSP-R vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, CSP Steel Center 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.
CSP Steel Center PCL Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, CSP Steel Center PCL's Interest Coverage distribution charts can be found below:
* The bar in red indicates where CSP Steel Center PCL's Interest Coverage falls into.
CSP Steel Center 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:
* 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.
CSP Steel Center PCL (BKK:CSP-R) has a Interest Coverage of 2.83 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on CSP Steel Center PCL and its competitors. This is near median its historical median of 3.04. Over the past decade, CSP Steel Center PCL's Interest Coverage has ranged from 0.21 to 18.43. According to the industry distribution chart, CSP Steel Center PCL ranks #430 out of 459 companies in the Steel industry, placing it in the top 93.7%.
Is CSP Steel Center PCL's Interest Coverage too high?
CSP Steel Center PCL's current Interest Coverage of 2.83 is near median its 10-year median of 3.04. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 18.43. The Steel industry median Interest Coverage is 4.48. CSP Steel Center PCL's value of 2.83 is 36.8% below this industry median. Based on the distribution chart, CSP Steel Center PCL ranks #430 out of 459 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, CSP Steel Center PCL has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does CSP Steel Center PCL's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, CSP Steel Center PCL ranks #430 out of 459 companies for Interest Coverage. This places CSP Steel Center PCL in the lower half of its industry. The industry median Interest Coverage is 4.48. CSP Steel Center PCL's value of 2.83 is 36.8% below this benchmark. Historically, CSP Steel Center PCL's own Interest Coverage has ranged from 0.21 to 18.43 over the past decade. While the company's 10-year median is 3.04 vs. the industry median of 4.48, CSP Steel Center 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 a Steel company?
The median Interest Coverage among Steel companies is 4.48, based on 459 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. CSP Steel Center PCL's current Interest Coverage of 2.83 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 CSP Steel Center PCL and its competitors. For the Steel industry, the median Interest Coverage is 4.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CSP Steel Center PCL's current Interest Coverage is 2.83, which is near median its own 10-year median of 3.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSP Steel Center PCL stock overvalued right now?
CSP Steel Center PCL (BKK:CSP-R) has a current Interest Coverage of 2.83. The stock's GF Value™ is ฿0.49, compared to a current price of ฿0.39 — trading 20.4% below its estimated fair value. The current Interest Coverage is 2.83, which is near median its 10-year median of 3.04 and 36.8% below the Steel industry median of 4.48. CSP Steel Center PCL's overall GF Score™ is 31/100 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 CSP Steel Center PCL (BKK:CSP-R), the current Interest Coverage is 2.83 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 CSP Steel Center PCL (BKK:CSP-R) Overvalued in 2026?
Based on GuruFocus' analysis, CSP Steel Center PCL stock appears to be undervalued.
The current stock price of ฿0.39 is trading 20.4% below its estimated GF Value™ of ฿0.49.
Key valuation signals for BKK:CSP-R:
Interest Coverage: 2.83 (near median its 10-year median of 3.04)
GF Value™: ฿0.49 vs. price of ฿0.39 (20.4% below fair value)
Industry Position: 36.8% below the Steel median (#430 of 459)
No single metric tells the full story. See the BKK:CSP-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CSP Steel Center PCL is a Thailand-based firm engaged in the manufacture and sale of sheet steel finished goods and rolled steel pipe. The company's product portfolio includes Cutting cold rolled sheet, Hot rolled steel, Coated sheets in both plate and coil types, Cold rolled steel pipe, and hot rolled steel pipe, among others. Geographically, the company operates in Thailand. The company has a single reportable segment which is the business of distribution of steel products.
31GF Score
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