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Metalurgica GerdauBSP:GOAU3 -0.42%60 Interest Coverage is 6.30 as of Mar. 2026, which is 29% above its 10-year median of 4.90. GuruFocus rates BSP:GOAU3 with a GF Score™ of 60/100 and a GF Value™ of R$6.98 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 457 Steel companies, Metalurgica Gerdau ranks better than 51.2% 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. Metalurgica Gerdau's
Operating Income
for the
three
months ended in Mar. 2026 was R$1,777 Mil. Metalurgica Gerdau's Interest Expense for the
three
months ended in Mar. 2026 was R$-282 Mil.
Metalurgica Gerdau's interest coverage for the quarter that ended in Mar. 2026 was 6.30.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Metalurgica Gerdau's Interest Coverage or its related term are showing as below:
BSP:GOAU3'
s Interest Coverage Range Over the Past 10 Years
Min: 0.77 Med: 4.9 Max: 18.1
Current: 4.63
BSP:GOAU3's Interest Coverage is ranked better than 51.2% of 457
companies
in the Steel industry
Industry Median: 4.39
vs BSP:GOAU3: 4.63
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 .
Metalurgica Gerdau Interest Coverage Related Terms
Metalurgica Gerdau Interest Coverage Historical Data
* Premium members only.
The historical data trend for Metalurgica Gerdau'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:GOAU3 vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, Metalurgica Gerdau'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.
Metalurgica Gerdau Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, Metalurgica Gerdau's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Metalurgica Gerdau'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.
Metalurgica Gerdau (BSP:GOAU3) has a Interest Coverage of 6.30 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Metalurgica Gerdau and its competitors. This is 29% above median its historical median of 4.90. Over the past decade, Metalurgica Gerdau's Interest Coverage has ranged from 0.77 to 18.10. According to the industry distribution chart, Metalurgica Gerdau ranks #223 out of 457 companies in the Steel industry, placing it in the top 48.8%.
Is Metalurgica Gerdau's Interest Coverage too high?
Metalurgica Gerdau's current Interest Coverage of 6.30 is 29% above median its 10-year median of 4.90. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 18.10. The Steel industry median Interest Coverage is 4.39. Metalurgica Gerdau's value of 6.30 is 43.5% above this industry median. Based on the distribution chart, Metalurgica Gerdau ranks #223 out of 457 companies in the Steel industry, which is above the industry midpoint. Overall, Metalurgica Gerdau has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Metalurgica Gerdau's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Metalurgica Gerdau ranks #223 out of 457 companies for Interest Coverage. This puts Metalurgica Gerdau in the upper half of its industry. The industry median Interest Coverage is 4.39. Metalurgica Gerdau's value of 6.30 is 43.5% above this benchmark. Historically, Metalurgica Gerdau's own Interest Coverage has ranged from 0.77 to 18.10 over the past decade. While the company's 10-year median is 4.90 vs. the industry median of 4.39, Metalurgica Gerdau 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 Steel company?
The median Interest Coverage among Steel companies is 4.39, based on 457 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. Metalurgica Gerdau's current Interest Coverage of 6.30 is 43.5% 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 Metalurgica Gerdau and its competitors. For the Steel industry, the median Interest Coverage is 4.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metalurgica Gerdau's current Interest Coverage is 6.30, which is 29% above median its own 10-year median of 4.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metalurgica Gerdau stock overvalued right now?
Based on GuruFocus' analysis, Metalurgica Gerdau (BSP:GOAU3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$6.98, compared to a current price of R$9.40 — trading 34.7% above its estimated fair value. The current Interest Coverage is 6.30, which is 29% above median its 10-year median of 4.90 and 43.5% above the Steel industry median of 4.39. Metalurgica Gerdau's overall GF Score™ is 60/100 with 10 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 Metalurgica Gerdau (BSP:GOAU3), the current Interest Coverage is 6.30 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 Metalurgica Gerdau (BSP:GOAU3) Overvalued in 2026?
Based on GuruFocus' analysis, Metalurgica Gerdau stock appears to be overvalued.
The current stock price of R$9.40 is trading 34.7% above its estimated GF Value™ of R$6.98.
GuruFocus considers Metalurgica Gerdau to be Significantly Overvalued.
Key valuation signals for BSP:GOAU3:
Interest Coverage: 6.30 (29% above median its 10-year median of 4.90)
GF Value™: R$6.98 vs. price of R$9.40 (34.7% above fair value)
Industry Position: 43.5% above the Steel median (#223 of 457)
No single metric tells the full story. See the BSP:GOAU3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Metalurgica Gerdau SA produces steel and steel products used in construction, industrial, agricultural and automotive sectors. Its products include steel columns, nails, transfer bars for the construction sector; billet, electrodes, mechanical construction wire rods for the industrial sector; staples, steel posts, tribars, galvanized wires for agricultural sector; mechanical construction ingots, mechanical construction wires, and various other products for the automotive sector. Its revenue is generated by sales of long steel to nonresidential construction and infrastructure sector in North America.
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