Smart Concrete PCL (BKK:SMART) Interest Coverage: 35.10 (As of Dec. 2025) — 32% Above Median


BKK:SMART Smart Concrete PCL BKK:SMART
56 GF Score
Price ฿0.52
GF Value ฿0.49
Valuation Fairly Valued
! 4 Warning Signs
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What is Smart Concrete PCL Interest Coverage?

Smart Concrete PCL BKK:SMART -1.89% 56 Interest Coverage is 35.10 as of Dec. 2025, which is 32% above its 10-year median of 26.54. GuruFocus rates BKK:SMART with a GF Score™ of 56/100 and a GF Value™ of ฿0.49 (Fairly Valued). The stock has 4 warning signs investors should review. Among 307 Building Materials companies, Smart Concrete PCL ranks better than 78.83% 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. Smart Concrete PCL's Operating Income for the three months ended in Dec. 2025 was ฿11.1 Mil. Smart Concrete PCL's Interest Expense for the three months ended in Dec. 2025 was ฿-0.3 Mil. Smart Concrete PCL's interest coverage for the quarter that ended in Dec. 2025 was 35.10. The higher the ratio, the stronger the company's financial strength is.

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

BKK:SMART' s Interest Coverage Range Over the Past 10 Years
Min: 10.15   Med: 26.54   Max: 82.74
Current: 29.97


BKK:SMART's Interest Coverage is ranked better than
78.83% of 307 companies
in the Building Materials industry
Industry Median: 6.63 vs BKK:SMART: 29.97

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


Smart Concrete PCL  (BKK:SMART) 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 .


Smart Concrete PCL Interest Coverage Related Terms


Smart Concrete PCL Interest Coverage Historical Data

* Premium members only.

The historical data trend for Smart Concrete 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.

Smart Concrete PCL Interest Coverage Chart

Smart Concrete 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 23.61 26.54 82.74 74.54 29.97

Smart Concrete PCL Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 41.93 43.85 7.33 33.59 35.10

BKK:SMART vs CRH, VMC, MLM: Interest Coverage Comparison

For the Building Materials subindustry, Smart Concrete 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.


Smart Concrete PCL Interest Coverage vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Smart Concrete PCL's Interest Coverage distribution charts can be found below:

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


BKK:SMART
56GF Score
Smart Concrete PCL BKK:SMART
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Smart Concrete 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.

Smart Concrete 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, Smart Concrete PCL's Interest Expense was ฿-1.3 Mil. Its Operating Income was ฿38.7 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿20.9 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*38.693/-1.291
=29.97

Smart Concrete PCL's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Smart Concrete PCL's Interest Expense was ฿-0.3 Mil. Its Operating Income was ฿11.1 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿20.9 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*11.092/-0.316
=35.10

* 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 35.10 mean?
Smart Concrete PCL (BKK:SMART) has a Interest Coverage of 35.10 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Smart Concrete PCL and its competitors. This is 32% above median its historical median of 26.54. Over the past decade, Smart Concrete PCL's Interest Coverage has ranged from 10.15 to 82.74. According to the industry distribution chart, Smart Concrete PCL ranks #65 out of 307 companies in the Building Materials industry, placing it in the top 21.2%.
Is Smart Concrete PCL's Interest Coverage too high?
Smart Concrete PCL's current Interest Coverage of 35.10 is 32% above median its 10-year median of 26.54. Over the past 10 years, this metric has ranged from a low of 10.15 to a high of 82.74. The Building Materials industry median Interest Coverage is 6.63. Smart Concrete PCL's value of 35.10 is 429.4% above this industry median. Based on the distribution chart, Smart Concrete PCL ranks #65 out of 307 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Smart Concrete PCL has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Smart Concrete PCL's Interest Coverage compare to CRH and VMC?
According to the Building Materials industry distribution chart, Smart Concrete PCL ranks #65 out of 307 companies for Interest Coverage. This places Smart Concrete PCL in the top 21% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 6.63. Smart Concrete PCL's value of 35.10 is 429.4% above this benchmark. Historically, Smart Concrete PCL's own Interest Coverage has ranged from 10.15 to 82.74 over the past decade. While the company's 10-year median is 26.54 vs. the industry median of 6.63, Smart Concrete 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 Building Materials company?
The median Interest Coverage among Building Materials companies is 6.63, based on 307 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. Smart Concrete PCL's current Interest Coverage of 35.10 is 429.4% 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 Smart Concrete PCL and its competitors. For the Building Materials industry, the median Interest Coverage is 6.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart Concrete PCL's current Interest Coverage is 35.10, which is 32% above median its own 10-year median of 26.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart Concrete PCL stock overvalued right now?
Based on GuruFocus' analysis, Smart Concrete PCL (BKK:SMART) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.49, compared to a current price of ฿0.52 — trading 6.1% above its estimated fair value. The current Interest Coverage is 35.10, which is 32% above median its 10-year median of 26.54 and 429.4% above the Building Materials industry median of 6.63. Smart Concrete PCL's overall GF Score™ is 56/100 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 Smart Concrete PCL (BKK:SMART), the current Interest Coverage is 35.10 as of Dec. 2025. 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 Smart Concrete PCL (BKK:SMART) Overvalued in 2026?

Based on GuruFocus' analysis, Smart Concrete PCL stock appears to be overvalued. The current stock price of ฿0.52 is trading 6.1% above its estimated GF Value™ of ฿0.49. GuruFocus considers Smart Concrete PCL to be Fairly Valued.

Key valuation signals for BKK:SMART:

  • Interest Coverage: 35.10 (32% above median its 10-year median of 26.54)
  • GF Value™: ฿0.49 vs. price of ฿0.52 (6.1% above fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 429.4% above the Building Materials median (#65 of 307)

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


Smart Concrete PCL Business Description

Address 11 Moo 9 Banbung-Klaeng Road, Tambol Nong-Irun, Amphur Banbung, Chonburi province, Chonburi, THA, 20220
Smart Concrete PCL is engaged in the manufacturing and sale of products related to autoclaved aerated concrete blocks for use in construction. The company's product line includes construction and decorative products, such as lightweight concrete blocks, SmartBlock G4, decorative ventilation blocks, Smart Blocks, and Smart Lintel precast lintels. The company operates in Thailand.
56GF Score

Get the complete analysis for BKK:SMART

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

฿0.52
Price
฿0.49
GF Value