Megachem (Thailand) PCL (BKK:MGT) Interest Coverage: 37.77 (As of Mar. 2026) — Near Median


BKK:MGT Megachem (Thailand) PCL BKK:MGT
91 GF Score
Price ฿1.82
GF Value ฿2.40
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Megachem (Thailand) PCL Interest Coverage?

Megachem (Thailand) PCL BKK:MGT 91 Interest Coverage is 37.77 as of Mar. 2026, which is 9% below its 10-year median of 41.63. GuruFocus rates BKK:MGT with a GF Score™ of 91/100 and a GF Value™ of ฿2.40 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,231 Chemicals companies, Megachem (Thailand) PCL ranks better than 69.62% 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. Megachem (Thailand) PCL's Operating Income for the three months ended in Mar. 2026 was ฿48 Mil. Megachem (Thailand) PCL's Interest Expense for the three months ended in Mar. 2026 was ฿-1 Mil. Megachem (Thailand) PCL's interest coverage for the quarter that ended in Mar. 2026 was 37.77. The higher the ratio, the stronger the company's financial strength is.

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

BKK:MGT' s Interest Coverage Range Over the Past 10 Years
Min: 12.83   Med: 41.63   Max: 179.42
Current: 31.17


BKK:MGT's Interest Coverage is ranked better than
69.62% of 1231 companies
in the Chemicals industry
Industry Median: 10.21 vs BKK:MGT: 31.17

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


Megachem (Thailand) PCL  (BKK:MGT) 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 .


Megachem (Thailand) PCL Interest Coverage Related Terms


Megachem (Thailand) PCL Interest Coverage Historical Data

* Premium members only.

The historical data trend for Megachem (Thailand) 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.

Megachem (Thailand) PCL Interest Coverage Chart

Megachem (Thailand) 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 132.37 40.98 42.27 23.99 28.84

Megachem (Thailand) 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 28.27 28.65 24.69 34.46 37.77

BKK:MGT vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Megachem (Thailand) 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.


Megachem (Thailand) PCL Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Megachem (Thailand) PCL's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Megachem (Thailand) PCL's Interest Coverage falls into.


BKK:MGT
91GF Score
Megachem (Thailand) PCL BKK:MGT
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Megachem (Thailand) 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.

Megachem (Thailand) 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, Megachem (Thailand) PCL's Interest Expense was ฿-5 Mil. Its Operating Income was ฿158 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿7 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*157.816/-5.473
=28.84

Megachem (Thailand) PCL's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Megachem (Thailand) PCL's Interest Expense was ฿-1 Mil. Its Operating Income was ฿48 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿8 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*47.663/-1.262
=37.77

* 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 37.77 mean?
Megachem (Thailand) PCL (BKK:MGT) has a Interest Coverage of 37.77 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Megachem (Thailand) PCL and its competitors. This is near median its historical median of 41.63. Over the past decade, Megachem (Thailand) PCL's Interest Coverage has ranged from 12.83 to 179.42. According to the industry distribution chart, Megachem (Thailand) PCL ranks #374 out of 1231 companies in the Chemicals industry, placing it in the top 30.4%.
Is Megachem (Thailand) PCL's Interest Coverage too high?
Megachem (Thailand) PCL's current Interest Coverage of 37.77 is near median its 10-year median of 41.63. Over the past 10 years, this metric has ranged from a low of 12.83 to a high of 179.42. The Chemicals industry median Interest Coverage is 10.21. Megachem (Thailand) PCL's value of 37.77 is 269.9% above this industry median. Based on the distribution chart, Megachem (Thailand) PCL ranks #374 out of 1231 companies in the Chemicals industry, which is above the industry midpoint. Overall, Megachem (Thailand) PCL has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Megachem (Thailand) PCL's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Megachem (Thailand) PCL ranks #374 out of 1231 companies for Interest Coverage. This puts Megachem (Thailand) PCL in the upper half of its industry. The industry median Interest Coverage is 10.21. Megachem (Thailand) PCL's value of 37.77 is 269.9% above this benchmark. Historically, Megachem (Thailand) PCL's own Interest Coverage has ranged from 12.83 to 179.42 over the past decade. While the company's 10-year median is 41.63 vs. the industry median of 10.21, Megachem (Thailand) 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.21, based on 1,231 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. Megachem (Thailand) PCL's current Interest Coverage of 37.77 is 269.9% 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 Megachem (Thailand) PCL and its competitors. For the Chemicals industry, the median Interest Coverage is 10.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Megachem (Thailand) PCL's current Interest Coverage is 37.77, which is near median its own 10-year median of 41.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Megachem (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Megachem (Thailand) PCL (BKK:MGT) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.40, compared to a current price of ฿1.82 — trading 24.2% below its estimated fair value. The current Interest Coverage is 37.77, which is near median its 10-year median of 41.63 and 269.9% above the Chemicals industry median of 10.21. Megachem (Thailand) PCL's overall GF Score™ is 91/100 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 Megachem (Thailand) PCL (BKK:MGT), the current Interest Coverage is 37.77 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 Megachem (Thailand) PCL (BKK:MGT) Overvalued in 2026?

Based on GuruFocus' analysis, Megachem (Thailand) PCL stock appears to be undervalued. The current stock price of ฿1.82 is trading 24.2% below its estimated GF Value™ of ฿2.40. GuruFocus considers Megachem (Thailand) PCL to be Modestly Undervalued.

Key valuation signals for BKK:MGT:

  • Interest Coverage: 37.77 (near median its 10-year median of 41.63)
  • GF Value™: ฿2.40 vs. price of ฿1.82 (24.2% below fair value)
  • GF Score™: 91/100 with 6 warning signs
  • Industry Position: 269.9% above the Chemicals median (#374 of 1231)

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


Megachem (Thailand) PCL Business Description

Address 25 Soi Chalongkrung 31, Ladkrabang Industrial Estate Soi G1/9, Lamplathew, Ladkrabang, Bangkok, THA, 10520
Megachem (Thailand) PCL is a company principally engaged in the distribution and solution provider of specialty chemicals for diversified industries. It distributes specialty chemicals used as an additive to the main ingredient to create a chemical reaction for products in various industries. The Group has one reportable segment, which is the distribution of chemical products, and its operations are carried on only in Thailand. The company distributes products such as Adhesives, cleaning, Construction, Cosmetics, Lubricants, and paints.
91GF Score

Get the complete analysis for BKK:MGT

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

฿1.82
Price
฿2.40
GF Value