MBK PCL (BKK:MBK) Interest Coverage: 3.21 (As of Mar. 2026) — 74% Above Median


BKK:MBK MBK PCL BKK:MBK
77 GF Score
Price ฿19.20
GF Value ฿18.84
Valuation Fairly Valued
! 7 Warning Signs
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What is MBK PCL Interest Coverage?

MBK PCL BKK:MBK 77 Interest Coverage is 3.21 as of Mar. 2026, which is 74% above its 10-year median of 1.85. GuruFocus rates BKK:MBK with a GF Score™ of 77/100 and a GF Value™ of ฿18.84 (Fairly Valued). The stock has 7 warning signs investors should review. Among 426 Conglomerates companies, MBK PCL ranks worse than 74.18% 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. MBK PCL's Operating Income for the three months ended in Mar. 2026 was ฿991 Mil. MBK PCL's Interest Expense for the three months ended in Mar. 2026 was ฿-309 Mil. MBK PCL's interest coverage for the quarter that ended in Mar. 2026 was 3.21. 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. MBK PCL interest coverage is 2.24, which is low.

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

BKK:MBK' s Interest Coverage Range Over the Past 10 Years
Min: 0.43   Med: 1.85   Max: 3.28
Current: 2.24


BKK:MBK's Interest Coverage is ranked worse than
74.18% of 426 companies
in the Conglomerates industry
Industry Median: 5.31 vs BKK:MBK: 2.24

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


MBK PCL  (BKK:MBK) 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 .


MBK PCL Interest Coverage Related Terms


MBK PCL Interest Coverage Historical Data

* Premium members only.

The historical data trend for MBK 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.

MBK PCL Interest Coverage Chart

MBK 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 0.43 0.66 0.94 1.55 2.14

MBK 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 2.74 2.15 1.86 1.81 3.21

BKK:MBK vs HON, MMM: Interest Coverage Comparison

For the Conglomerates subindustry, MBK 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.


MBK PCL Interest Coverage vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, MBK PCL's Interest Coverage distribution charts can be found below:

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


BKK:MBK
77GF Score
MBK PCL BKK:MBK
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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MBK 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.

MBK 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, MBK PCL's Interest Expense was ฿-1,323 Mil. Its Operating Income was ฿2,837 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿26,738 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*2837.128/-1323.436
=2.14

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

Here, for the three months ended in Mar. 2026, MBK PCL's Interest Expense was ฿-309 Mil. Its Operating Income was ฿991 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿26,766 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*991.138/-308.822
=3.21

* 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 3.21 mean?
MBK PCL (BKK:MBK) has a Interest Coverage of 3.21 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on MBK PCL and its competitors. This is 74% above median its historical median of 1.85. Over the past decade, MBK PCL's Interest Coverage has ranged from 0.43 to 3.28. According to the industry distribution chart, MBK PCL ranks #316 out of 426 companies in the Conglomerates industry, placing it in the top 74.2%.
Is MBK PCL's Interest Coverage too high?
MBK PCL's current Interest Coverage of 3.21 is 74% above median its 10-year median of 1.85. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 3.28. The Conglomerates industry median Interest Coverage is 5.31. MBK PCL's value of 3.21 is 39.5% below this industry median. Based on the distribution chart, MBK PCL ranks #316 out of 426 companies in the Conglomerates industry, which is below the industry midpoint. Overall, MBK PCL has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MBK PCL's Interest Coverage compare to HON and MMM?
According to the Conglomerates industry distribution chart, MBK PCL ranks #316 out of 426 companies for Interest Coverage. This places MBK PCL in the lower half of its industry. The industry median Interest Coverage is 5.31. MBK PCL's value of 3.21 is 39.5% below this benchmark. Historically, MBK PCL's own Interest Coverage has ranged from 0.43 to 3.28 over the past decade. While the company's 10-year median is 1.85 vs. the industry median of 5.31, MBK 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 Conglomerates company?
The median Interest Coverage among Conglomerates companies is 5.31, based on 426 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. MBK PCL's current Interest Coverage of 3.21 is 39.5% 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 MBK PCL and its competitors. For the Conglomerates industry, the median Interest Coverage is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MBK PCL's current Interest Coverage is 3.21, which is 74% above median its own 10-year median of 1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MBK PCL stock overvalued right now?
Based on GuruFocus' analysis, MBK PCL (BKK:MBK) is currently considered Fairly Valued. The stock's GF Value™ is ฿18.84, compared to a current price of ฿19.20 — trading 1.9% above its estimated fair value. The current Interest Coverage is 3.21, which is 74% above median its 10-year median of 1.85 and 39.5% below the Conglomerates industry median of 5.31. MBK PCL's overall GF Score™ is 77/100 with 7 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 MBK PCL (BKK:MBK), the current Interest Coverage is 3.21 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 MBK PCL (BKK:MBK) Overvalued in 2026?

Based on GuruFocus' analysis, MBK PCL stock appears to be overvalued. The current stock price of ฿19.20 is trading 1.9% above its estimated GF Value™ of ฿18.84. GuruFocus considers MBK PCL to be Fairly Valued.

Key valuation signals for BKK:MBK:

  • Interest Coverage: 3.21 (74% above median its 10-year median of 1.85)
  • GF Value™: ฿18.84 vs. price of ฿19.20 (1.9% above fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 39.5% below the Conglomerates median (#316 of 426)

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


MBK PCL Business Description

Address 444 Phayathai Road, 8th Floor, MBK Center Building, Pathumwan, Bangkok, THA, 10330
MBK PCL is engaged in multiple businesses. Its businesses includes Shopping center business, Hotel and tourism business, Golf business, Real estate business, Food solutions business, Financial business, Auction business, Corporate supporting center and other business. Shopping center business engages in the business of rental space to retail tenants in the shopping centers and the business of office space for rent. The hotel and tourism business engages in providing for lodging, food and drink, and other facilities and services related for accommodation and travel. Golf business engages in golf services. Real estate business engages in residential for sale, property management and asset appraisal. Auction business engages in the business of car and motorcycle auction.
77GF Score

Get the complete analysis for BKK:MBK

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

฿19.20
Price
฿18.84
GF Value