Market Connections Asia PCL (BKK:MCA) Interest Coverage: 15.07 (As of Mar. 2026) — 43% Below Median

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BKK:MCA Market Connections Asia PCL BKK:MCA
42 GF Score
Price ฿1.32
GF Value ฿1.80
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Market Connections Asia PCL Interest Coverage?

Market Connections Asia PCL BKK:MCA -0.75% 42 Interest Coverage is 15.07 as of Mar. 2026, which is 43% below its 10-year median of 26.25. GuruFocus rates BKK:MCA with a GF Score™ of 42/100 and a GF Value™ of ฿1.80 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 604 Media - Diversified companies, Market Connections Asia PCL ranks better than 63.91% 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. Market Connections Asia PCL's Operating Income for the three months ended in Mar. 2026 was ฿8.1 Mil. Market Connections Asia PCL's Interest Expense for the three months ended in Mar. 2026 was ฿-0.5 Mil. Market Connections Asia PCL's interest coverage for the quarter that ended in Mar. 2026 was 15.07. The higher the ratio, the stronger the company's financial strength is.

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

BKK:MCA' s Interest Coverage Range Over the Past 10 Years
Min: 4.6   Med: 26.25   Max: 212.66
Current: 29.24


BKK:MCA's Interest Coverage is ranked better than
63.91% of 604 companies
in the Media - Diversified industry
Industry Median: 11.775 vs BKK:MCA: 29.24

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


Market Connections Asia PCL  (BKK:MCA) 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 .


Market Connections Asia PCL Interest Coverage Related Terms


Market Connections Asia PCL Interest Coverage Historical Data

* Premium members only.

The historical data trend for Market Connections Asia 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.

Market Connections Asia PCL Interest Coverage Chart

Market Connections Asia PCL Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
4.60 25.39 26.25 212.66 48.43

Market Connections Asia PCL Quarterly Data
Dec21 Jun22 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 48.23 33.87 52.84 64.22 15.07

BKK:MCA vs APP, OMC, TTD: Interest Coverage Comparison

For the Advertising Agencies subindustry, Market Connections Asia 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.


Market Connections Asia PCL Interest Coverage vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Market Connections Asia PCL's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Market Connections Asia PCL's Interest Coverage falls into.


BKK:MCA
42GF Score
Market Connections Asia PCL BKK:MCA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Market Connections Asia 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.

Market Connections Asia 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, Market Connections Asia PCL's Interest Expense was ฿-0.5 Mil. Its Operating Income was ฿26.6 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿0.0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*26.589/-0.549
=48.43

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

Here, for the three months ended in Mar. 2026, Market Connections Asia PCL's Interest Expense was ฿-0.5 Mil. Its Operating Income was ฿8.1 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿1.4 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*8.095/-0.537
=15.07

* 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 15.07 mean?
Market Connections Asia PCL (BKK:MCA) has a Interest Coverage of 15.07 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Market Connections Asia PCL and its competitors. This is 43% below median its historical median of 26.25. Over the past decade, Market Connections Asia PCL's Interest Coverage has ranged from 4.60 to 212.66. According to the industry distribution chart, Market Connections Asia PCL ranks #218 out of 604 companies in the Media - Diversified industry, placing it in the top 36.1%.
Is Market Connections Asia PCL's Interest Coverage too high?
Market Connections Asia PCL's current Interest Coverage of 15.07 is 43% below median its 10-year median of 26.25. Over the past 10 years, this metric has ranged from a low of 4.60 to a high of 212.66. The Media - Diversified industry median Interest Coverage is 11.78. Market Connections Asia PCL's value of 15.07 is 28% above this industry median. Based on the distribution chart, Market Connections Asia PCL ranks #218 out of 604 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Market Connections Asia PCL has a GF Score™ of 42/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Market Connections Asia PCL's Interest Coverage compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Market Connections Asia PCL ranks #218 out of 604 companies for Interest Coverage. This puts Market Connections Asia PCL in the upper half of its industry. The industry median Interest Coverage is 11.78. Market Connections Asia PCL's value of 15.07 is 28% above this benchmark. Historically, Market Connections Asia PCL's own Interest Coverage has ranged from 4.60 to 212.66 over the past decade. While the company's 10-year median is 26.25 vs. the industry median of 11.78, Market Connections Asia 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 Media - Diversified company?
The median Interest Coverage among Media - Diversified companies is 11.78, based on 604 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. Market Connections Asia PCL's current Interest Coverage of 15.07 is 28% 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 Market Connections Asia PCL and its competitors. For the Media - Diversified industry, the median Interest Coverage is 11.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Market Connections Asia PCL's current Interest Coverage is 15.07, which is 43% below median its own 10-year median of 26.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Market Connections Asia PCL stock overvalued right now?
Based on GuruFocus' analysis, Market Connections Asia PCL (BKK:MCA) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.80, compared to a current price of ฿1.32 — trading 26.7% below its estimated fair value. The current Interest Coverage is 15.07, which is 43% below median its 10-year median of 26.25 and 28% above the Media - Diversified industry median of 11.78. Market Connections Asia PCL's overall GF Score™ is 42/100 with 5 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 Market Connections Asia PCL (BKK:MCA), the current Interest Coverage is 15.07 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 Market Connections Asia PCL (BKK:MCA) Overvalued in 2026?

Based on GuruFocus' analysis, Market Connections Asia PCL stock appears to be undervalued. The current stock price of ฿1.32 is trading 26.7% below its estimated GF Value™ of ฿1.80. GuruFocus considers Market Connections Asia PCL to be Modestly Undervalued.

Key valuation signals for BKK:MCA:

  • Interest Coverage: 15.07 (43% below median its 10-year median of 26.25)
  • GF Value™: ฿1.80 vs. price of ฿1.32 (26.7% below fair value)
  • GF Score™: 42/100 with 5 warning signs
  • Industry Position: 28% above the Media - Diversified median (#218 of 604)

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


Market Connections Asia PCL Business Description

Address 51/859 Soi Nuanchan 34, Nuanchan Subdistrict, Buengkum District, Bangkok, THA, 10230
Market Connections Asia PCL is engaged in the principal businesses of providing event marketing services, distribution of consumer products, and printing and advertising media services. Its business and services include sales promoter, proactive marketing activities, roadshow activities, events, local media, data analysis, souvenir sourcing services, logistics, warehousing and distribution services, and technology and digital media businesses. It operates in Thailand and the Republic of Singapore, with Thailand generating the maximum revenue.
42GF Score

Get the complete analysis for BKK:MCA

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

฿1.32
Price
฿1.80
GF Value