Polynet PCLBKK:POLY -1.45%89 Interest Coverage is 228.59 as of Mar. 2026, which is 1561% above its 10-year median of 13.76. GuruFocus rates BKK:POLY with a GF Score™ of 89/100 and a GF Value™ of ฿8.97 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,325 Industrial Products companies, Polynet PCL ranks better than 85.94% 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. Polynet PCL's
Operating Income
for the
three
months ended in Mar. 2026 was ฿78 Mil. Polynet PCL's Interest Expense for the
three
months ended in Mar. 2026 was ฿-0 Mil.
Polynet PCL's interest coverage for the quarter that ended in Mar. 2026 was 228.59.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Polynet PCL has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Polynet PCL's Interest Coverage or its related term are showing as below:
BKK:POLY'
s Interest Coverage Range Over the Past 10 Years
Min: 3.71 Med: 13.76 Max: 151.88
Current: 151.88
BKK:POLY's Interest Coverage is ranked better than 85.94% of 2325
companies
in the Industrial Products industry
Industry Median: 14.8
vs BKK:POLY: 151.88
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 .
Polynet PCL Interest Coverage Related Terms
Polynet PCL Interest Coverage Historical Data
* Premium members only.
The historical data trend for Polynet 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:POLY vs CRS, ATI, MLI: Interest Coverage Comparison
For the Metal Fabrication subindustry, Polynet 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.
Polynet PCL Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Polynet PCL's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Polynet PCL's Interest Coverage falls into.
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.
Polynet PCL (BKK:POLY) has a Interest Coverage of 228.59 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Polynet PCL and its competitors. This is 1561% above median its historical median of 13.76. Over the past decade, Polynet PCL's Interest Coverage has ranged from 3.71 to 151.88. According to the industry distribution chart, Polynet PCL ranks #327 out of 2325 companies in the Industrial Products industry, placing it in the top 14.1%.
Is Polynet PCL's Interest Coverage too high?
Polynet PCL's current Interest Coverage of 228.59 is 1561% above median its 10-year median of 13.76. Over the past 10 years, this metric has ranged from a low of 3.71 to a high of 151.88. The Industrial Products industry median Interest Coverage is 14.80. Polynet PCL's value of 228.59 is 1444.5% above this industry median. Based on the distribution chart, Polynet PCL ranks #327 out of 2325 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Polynet PCL has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Polynet PCL's Interest Coverage compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Polynet PCL ranks #327 out of 2325 companies for Interest Coverage. This places Polynet PCL in the top 14% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.80. Polynet PCL's value of 228.59 is 1444.5% above this benchmark. Historically, Polynet PCL's own Interest Coverage has ranged from 3.71 to 151.88 over the past decade. While the company's 10-year median is 13.76 vs. the industry median of 14.80, Polynet 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.80, based on 2,325 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. Polynet PCL's current Interest Coverage of 228.59 is 1444.5% 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 Polynet PCL and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polynet PCL's current Interest Coverage is 228.59, which is 1561% above median its own 10-year median of 13.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polynet PCL stock overvalued right now?
Based on GuruFocus' analysis, Polynet PCL (BKK:POLY) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿8.97, compared to a current price of ฿6.80 — trading 24.2% below its estimated fair value. The current Interest Coverage is 228.59, which is 1561% above median its 10-year median of 13.76 and 1444.5% above the Industrial Products industry median of 14.80. Polynet PCL's overall GF Score™ is 89/100 with 2 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 Polynet PCL (BKK:POLY), the current Interest Coverage is 228.59 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 Polynet PCL (BKK:POLY) Overvalued in 2026?
Based on GuruFocus' analysis, Polynet PCL stock appears to be undervalued.
The current stock price of ฿6.80 is trading 24.2% below its estimated GF Value™ of ฿8.97.
GuruFocus considers Polynet PCL to be Modestly Undervalued.
Key valuation signals for BKK:POLY:
Interest Coverage: 228.59 (1561% above median its 10-year median of 13.76)
GF Value™: ฿8.97 vs. price of ฿6.80 (24.2% below fair value)
Industry Position: 1444.5% above the Industrial Products median (#327 of 2325)
No single metric tells the full story. See the BKK:POLY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Polynet PCL is engaged in the forming, manufacturing and distributing of products related to rubber, plastic, silicone, and molds for the automotive industry, medical tools and equipment, and consumer products. The company generates majority of its revenue from automotive industry.
89GF Score
Get the complete analysis for BKK:POLY
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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