AlpargatasBSP:ALPA3 -3.08%71 Interest Coverage is 5.81 as of Mar. 2026, which is 24% below its 10-year median of 7.61. GuruFocus rates BSP:ALPA3 with a GF Score™ of 71/100 and a GF Value™ of R$8.21 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 741 Manufacturing - Apparel & Accessories companies, Alpargatas ranks worse than 51.55% 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. Alpargatas's
Operating Income
for the
three
months ended in Mar. 2026 was R$239 Mil. Alpargatas's Interest Expense for the
three
months ended in Mar. 2026 was R$-41 Mil.
Alpargatas's interest coverage for the quarter that ended in Mar. 2026 was 5.81.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Alpargatas's Interest Coverage or its related term are showing as below:
BSP:ALPA3'
s Interest Coverage Range Over the Past 10 Years
Min: 0.06 Med: 7.61 Max: 32.56
Current: 4.99
BSP:ALPA3's Interest Coverage is ranked worse than 51.55% of 741
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.43
vs BSP:ALPA3: 4.99
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 .
Alpargatas Interest Coverage Related Terms
Alpargatas Interest Coverage Historical Data
* Premium members only.
The historical data trend for Alpargatas'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.
BSP:ALPA3 vs NKE, DECK, ONON: Interest Coverage Comparison
For the Footwear & Accessories subindustry, Alpargatas'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.
Alpargatas Interest Coverage vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Alpargatas's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Alpargatas'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.
Alpargatas (BSP:ALPA3) has a Interest Coverage of 5.81 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Alpargatas and its competitors. This is 24% below median its historical median of 7.61. Over the past decade, Alpargatas' Interest Coverage has ranged from 0.06 to 32.56. According to the industry distribution chart, Alpargatas ranks #382 out of 741 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 51.6%.
Is Alpargatas' Interest Coverage too high?
Alpargatas' current Interest Coverage of 5.81 is 24% below median its 10-year median of 7.61. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 32.56. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.43. Alpargatas' value of 5.81 is 7% above this industry median. Based on the distribution chart, Alpargatas ranks #382 out of 741 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Alpargatas has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alpargatas' Interest Coverage compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Alpargatas ranks #382 out of 741 companies for Interest Coverage. This places Alpargatas in the lower half of its industry. The industry median Interest Coverage is 5.43. Alpargatas' value of 5.81 is 7% above this benchmark. Historically, Alpargatas' own Interest Coverage has ranged from 0.06 to 32.56 over the past decade. While the company's 10-year median is 7.61 vs. the industry median of 5.43, Alpargatas 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 Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.43, based on 741 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. Alpargatas's current Interest Coverage of 5.81 is 7% 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 Alpargatas and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpargatas's current Interest Coverage is 5.81, which is 24% below median its own 10-year median of 7.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpargatas stock overvalued right now?
Based on GuruFocus' analysis, Alpargatas (BSP:ALPA3) is currently considered Modestly Overvalued. The stock's GF Value™ is R$8.21, compared to a current price of R$9.75 — trading 18.8% above its estimated fair value. The current Interest Coverage is 5.81, which is 24% below median its 10-year median of 7.61 and 7% above the Manufacturing - Apparel & Accessories industry median of 5.43. Alpargatas' overall GF Score™ is 71/100 with 3 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 Alpargatas (BSP:ALPA3), the current Interest Coverage is 5.81 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 Alpargatas (BSP:ALPA3) Overvalued in 2026?
Based on GuruFocus' analysis, Alpargatas stock appears to be overvalued.
The current stock price of R$9.75 is trading 18.8% above its estimated GF Value™ of R$8.21.
GuruFocus considers Alpargatas to be Modestly Overvalued.
Key valuation signals for BSP:ALPA3:
Interest Coverage: 5.81 (24% below median its 10-year median of 7.61)
GF Value™: R$8.21 vs. price of R$9.75 (18.8% above fair value)
Industry Position: 7% above the Manufacturing - Apparel & Accessories median (#382 of 741)
No single metric tells the full story. See the BSP:ALPA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alpargatas SA primarily manufactures footwear, apparel, and sports items. Brands the company owns or manufactures under license include Havaianas, dupe, Osklen, Mizuno, Megga, and Sete Leguas. Alpargatas reaches consumers through third-party retailers and through its own retail stores. Most of the company's sales are in Brazil and Argentina, with sales in Brazil accounting for more than half of the company's total sales. Remaining revenue is generated by the company's subsidiaries in Europe and the United States, and through direct exports.
71GF Score
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