MK Restaurant Group PCL (BKK:M) Interest Coverage: 9.20 (As of Mar. 2026) — 57% Below Median


BKK:M MK Restaurant Group PCL BKK:M
94 GF Score
Price ฿21.00
GF Value ฿27.89
Valuation Modestly Undervalued
! 4 Warning Signs
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What is MK Restaurant Group PCL Interest Coverage?

MK Restaurant Group PCL BKK:M 94 Interest Coverage is 9.20 as of Mar. 2026, which is 57% below its 10-year median of 21.28. GuruFocus rates BKK:M with a GF Score™ of 94/100 and a GF Value™ of ฿27.89 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 262 Restaurants companies, MK Restaurant Group PCL ranks better than 55.34% 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. MK Restaurant Group PCL's Operating Income for the three months ended in Mar. 2026 was ฿198 Mil. MK Restaurant Group PCL's Interest Expense for the three months ended in Mar. 2026 was ฿-22 Mil. MK Restaurant Group PCL's interest coverage for the quarter that ended in Mar. 2026 was 9.20. The higher the ratio, the stronger the company's financial strength is.

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

BKK:M' s Interest Coverage Range Over the Past 10 Years
Min: 2.65   Med: 21.28   Max: No Debt
Current: 7.39


BKK:M's Interest Coverage is ranked better than
55.34% of 262 companies
in the Restaurants industry
Industry Median: 6.45 vs BKK:M: 7.39

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


MK Restaurant Group PCL  (BKK:M) 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 .


MK Restaurant Group PCL Interest Coverage Related Terms


MK Restaurant Group PCL Interest Coverage Historical Data

* Premium members only.

The historical data trend for MK Restaurant Group 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.

MK Restaurant Group PCL Interest Coverage Chart

MK Restaurant Group 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 2.65 21.12 21.43 13.26 8.14

MK Restaurant Group 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 11.77 14.59 13.11 0.00 9.20

BKK:M vs MCD, SBUX, CMG: Interest Coverage Comparison

For the Restaurants subindustry, MK Restaurant Group 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.


MK Restaurant Group PCL Interest Coverage vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, MK Restaurant Group PCL's Interest Coverage distribution charts can be found below:

* The bar in red indicates where MK Restaurant Group PCL's Interest Coverage falls into.


BKK:M
94GF Score
MK Restaurant Group PCL BKK:M
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MK Restaurant Group 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.

MK Restaurant Group 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, MK Restaurant Group PCL's Interest Expense was ฿-92 Mil. Its Operating Income was ฿751 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿1,842 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*751.003/-92.255
=8.14

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

Here, for the three months ended in Mar. 2026, MK Restaurant Group PCL's Interest Expense was ฿-22 Mil. Its Operating Income was ฿198 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿1,973 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*197.982/-21.519
=9.20

* 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 9.20 mean?
MK Restaurant Group PCL (BKK:M) has a Interest Coverage of 9.20 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on MK Restaurant Group PCL and its competitors. This is 57% below median its historical median of 21.28. Over the past decade, MK Restaurant Group PCL's Interest Coverage has ranged from 2.65 to 10,000.00. According to the industry distribution chart, MK Restaurant Group PCL ranks #117 out of 262 companies in the Restaurants industry, placing it in the top 44.7%.
Is MK Restaurant Group PCL's Interest Coverage too high?
MK Restaurant Group PCL's current Interest Coverage of 9.20 is 57% below median its 10-year median of 21.28. Over the past 10 years, this metric has ranged from a low of 2.65 to a high of 10,000.00. The Restaurants industry median Interest Coverage is 6.45. MK Restaurant Group PCL's value of 9.20 is 42.6% above this industry median. Based on the distribution chart, MK Restaurant Group PCL ranks #117 out of 262 companies in the Restaurants industry, which is above the industry midpoint. Overall, MK Restaurant Group PCL has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MK Restaurant Group PCL's Interest Coverage compare to MCD and SBUX?
According to the Restaurants industry distribution chart, MK Restaurant Group PCL ranks #117 out of 262 companies for Interest Coverage. This puts MK Restaurant Group PCL in the upper half of its industry. The industry median Interest Coverage is 6.45. MK Restaurant Group PCL's value of 9.20 is 42.6% above this benchmark. Historically, MK Restaurant Group PCL's own Interest Coverage has ranged from 2.65 to 10,000.00 over the past decade. While the company's 10-year median is 21.28 vs. the industry median of 6.45, MK Restaurant Group PCL 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 Restaurants company?
The median Interest Coverage among Restaurants companies is 6.45, based on 262 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. MK Restaurant Group PCL's current Interest Coverage of 9.20 is 42.6% 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 MK Restaurant Group PCL and its competitors. For the Restaurants industry, the median Interest Coverage is 6.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MK Restaurant Group PCL's current Interest Coverage is 9.20, which is 57% below median its own 10-year median of 21.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MK Restaurant Group PCL stock overvalued right now?
Based on GuruFocus' analysis, MK Restaurant Group PCL (BKK:M) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿27.89, compared to a current price of ฿21.00 — trading 24.7% below its estimated fair value. The current Interest Coverage is 9.20, which is 57% below median its 10-year median of 21.28 and 42.6% above the Restaurants industry median of 6.45. MK Restaurant Group PCL's overall GF Score™ is 94/100 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 MK Restaurant Group PCL (BKK:M), the current Interest Coverage is 9.20 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 MK Restaurant Group PCL (BKK:M) Overvalued in 2026?

Based on GuruFocus' analysis, MK Restaurant Group PCL stock appears to be undervalued. The current stock price of ฿21.00 is trading 24.7% below its estimated GF Value™ of ฿27.89. GuruFocus considers MK Restaurant Group PCL to be Modestly Undervalued.

Key valuation signals for BKK:M:

  • Interest Coverage: 9.20 (57% below median its 10-year median of 21.28)
  • GF Value™: ฿27.89 vs. price of ฿21.00 (24.7% below fair value)
  • GF Score™: 94/100 with 4 warning signs
  • Industry Position: 42.6% above the Restaurants median (#117 of 262)

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


MK Restaurant Group PCL Business Description

Address 1200 Debaratna Road, Bangnatai, Bangna, Bangkok, THA, 10260
MK Restaurant Group PCL operates in Suki, Thai, and Japanese restaurants in Thailand under brand names including MK, Siam, Yayoi, Miyazaki, and Hakata. The company also has a franchise agreement with Plenus-MK Limited for that company to operate franchised Sukiyaki restaurants in Japan. The Group is engaged in two business segments which are restaurant business and other businesses that support restaurant business including training service provider and manufacture and distribution of foods. It generates the majority of its revenue comes from Thailand.
94GF Score

Get the complete analysis for BKK:M

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

฿21.00
Price
฿27.89
GF Value