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Magna Electro CastingsBOM:517449 -0.86%75 Interest Coverage is 16.52 as of Jun. 2026, which is 84% below its 10-year median of 106.16. GuruFocus rates BOM:517449 with a GF Score™ of 75/100 and a GF Value™ of ₹1,033.39 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,337 Industrial Products companies, Magna Electro Castings ranks better than 52.33% 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. Magna Electro Castings's
Operating Income
for the
three
months ended in Jun. 2026 was ₹48 Mil. Magna Electro Castings's Interest Expense for the
three
months ended in Jun. 2026 was ₹-3 Mil.
Magna Electro Castings's interest coverage for the quarter that ended in Jun. 2026 was 16.52.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Magna Electro Castings's Interest Coverage or its related term are showing as below:
BOM:517449'
s Interest Coverage Range Over the Past 10 Years
Min: 16.5 Med: 106.16 Max: 435.91
Current: 16.5
BOM:517449's Interest Coverage is ranked better than 52.33% of 2337
companies
in the Industrial Products industry
Industry Median: 14.63
vs BOM:517449: 16.50
Magna Electro Castings (BOM:517449) 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 .
Magna Electro Castings Interest Coverage Related Terms
Magna Electro Castings Interest Coverage Historical Data
* Premium members only.
The historical data trend for Magna Electro Castings'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.
BOM:517449 vs CRS, ATI, MLI: Interest Coverage Comparison
For the Metal Fabrication subindustry, Magna Electro Castings'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.
Magna Electro Castings Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Magna Electro Castings's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Magna Electro Castings's Interest Coverage falls into.
Magna Electro Castings 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:
* 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.
Magna Electro Castings (BOM:517449) has a Interest Coverage of 16.52 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Magna Electro Castings and its competitors. This is 84% below median its historical median of 106.16. Over the past decade, Magna Electro Castings' Interest Coverage has ranged from 16.50 to 435.91. According to the industry distribution chart, Magna Electro Castings ranks #1114 out of 2337 companies in the Industrial Products industry, placing it in the top 47.7%.
Is Magna Electro Castings' Interest Coverage too high?
Magna Electro Castings' current Interest Coverage of 16.52 is 84% below median its 10-year median of 106.16. Over the past 10 years, this metric has ranged from a low of 16.50 to a high of 435.91. The Industrial Products industry median Interest Coverage is 14.63. Magna Electro Castings' value of 16.52 is 12.9% above this industry median. Based on the distribution chart, Magna Electro Castings ranks #1114 out of 2337 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Magna Electro Castings has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Magna Electro Castings' Interest Coverage compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Magna Electro Castings ranks #1114 out of 2337 companies for Interest Coverage. This puts Magna Electro Castings in the upper half of its industry. The industry median Interest Coverage is 14.63. Magna Electro Castings' value of 16.52 is 12.9% above this benchmark. Historically, Magna Electro Castings' own Interest Coverage has ranged from 16.50 to 435.91 over the past decade. While the company's 10-year median is 106.16 vs. the industry median of 14.63, Magna Electro Castings 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 14.63, based on 2,337 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. Magna Electro Castings's current Interest Coverage of 16.52 is 12.9% 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 Magna Electro Castings and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magna Electro Castings's current Interest Coverage is 16.52, which is 84% below median its own 10-year median of 106.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magna Electro Castings stock overvalued right now?
Based on GuruFocus' analysis, Magna Electro Castings (BOM:517449) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,033.39, compared to a current price of ₹1,411.15 — trading 36.6% above its estimated fair value. The current Interest Coverage is 16.52, which is 84% below median its 10-year median of 106.16 and 12.9% above the Industrial Products industry median of 14.63. Magna Electro Castings' overall GF Score™ is 75/100 with 8 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 Magna Electro Castings (BOM:517449), the current Interest Coverage is 16.52 as of Jun. 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 Magna Electro Castings (BOM:517449) Overvalued in 2026?
Based on GuruFocus' analysis, Magna Electro Castings stock appears to be overvalued.
The current stock price of ₹1,411.15 is trading 36.6% above its estimated GF Value™ of ₹1,033.39.
GuruFocus considers Magna Electro Castings to be Significantly Overvalued.
Key valuation signals for BOM:517449:
Interest Coverage: 16.52 (84% below median its 10-year median of 106.16)
GF Value™: ₹1,033.39 vs. price of ₹1,411.15 (36.6% above fair value)
Industry Position: 12.9% above the Industrial Products median (#1114 of 2337)
No single metric tells the full story. See the BOM:517449 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Magna Electro Castings Ltd is engaged in manufacturing and supplying ferrous components in small and medium volumes. The company specializes in the manufacture of Ductile Iron and Gray Iron castings including Grey Iron, SG (spheroidal graphite) iron, and other iron alloy castings-machined and unmachined steel components. The company also produces fully machined components. The company has the following divisions; the Foundry division; the Wind Energy Generation division; and the Solar Energy division. The company earns the majority of its revenue from the Foundry division.
75GF Score
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