Grupo Multi (BSP:MLAS3) Interest Coverage: 8.21 (As of Mar. 2026) — 54% Below Median


BSP:MLAS3 Grupo Multi SA BSP:MLAS3
74 GF Score
Price R$1.67
GF Value R$1.84
Valuation Fairly Valued
! 8 Warning Signs
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What is Grupo Multi Interest Coverage?

Grupo Multi BSP:MLAS3 -0.60% 74 Interest Coverage is 8.21 as of Mar. 2026, which is 54% below its 10-year median of 17.99. GuruFocus rates BSP:MLAS3 with a GF Score™ of 74/100 and a GF Value™ of R$1.84 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,671 Hardware companies, Grupo Multi ranks worse than 80.61% 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. Grupo Multi's Operating Income for the three months ended in Mar. 2026 was R$83 Mil. Grupo Multi's Interest Expense for the three months ended in Mar. 2026 was R$-10 Mil. Grupo Multi's interest coverage for the quarter that ended in Mar. 2026 was 8.21. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Grupo Multi's Interest Coverage or its related term are showing as below:

BSP:MLAS3' s Interest Coverage Range Over the Past 10 Years
Min: 1.89   Med: 17.99   Max: 37.94
Current: 3.61


BSP:MLAS3's Interest Coverage is ranked worse than
80.61% of 1671 companies
in the Hardware industry
Industry Median: 13.79 vs BSP:MLAS3: 3.61

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


Grupo Multi  (BSP:MLAS3) 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 .


Grupo Multi Interest Coverage Related Terms


Grupo Multi Interest Coverage Historical Data

* Premium members only.

The historical data trend for Grupo Multi'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.

Grupo Multi Interest Coverage Chart

Grupo Multi Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 11.52 3.53 0.00 0.00 1.89

Grupo Multi Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 1.39 3.87 2.04 8.21

BSP:MLAS3 vs SNX, ARW, AVT: Interest Coverage Comparison

For the Electronics & Computer Distribution subindustry, Grupo Multi'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.


Grupo Multi Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, Grupo Multi's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Grupo Multi's Interest Coverage falls into.


BSP:MLAS3
74GF Score
Grupo Multi SA BSP:MLAS3
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Grupo Multi 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.

Grupo Multi'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, Grupo Multi's Interest Expense was R$-56 Mil. Its Operating Income was R$106 Mil. And its Long-Term Debt & Capital Lease Obligation was R$176 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*106.488/-56.348
=1.89

Grupo Multi's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Grupo Multi's Interest Expense was R$-10 Mil. Its Operating Income was R$83 Mil. And its Long-Term Debt & Capital Lease Obligation was R$195 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*83.156/-10.13
=8.21

* 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 8.21 mean?
Grupo Multi (BSP:MLAS3) has a Interest Coverage of 8.21 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Grupo Multi and its competitors. This is 54% below median its historical median of 17.99. Over the past decade, Grupo Multi's Interest Coverage has ranged from 1.89 to 37.94. According to the industry distribution chart, Grupo Multi ranks #1347 out of 1671 companies in the Hardware industry, placing it in the top 80.6%.
Is Grupo Multi's Interest Coverage too high?
Grupo Multi's current Interest Coverage of 8.21 is 54% below median its 10-year median of 17.99. Over the past 10 years, this metric has ranged from a low of 1.89 to a high of 37.94. The Hardware industry median Interest Coverage is 13.79. Grupo Multi's value of 8.21 is 40.5% below this industry median. Based on the distribution chart, Grupo Multi ranks #1347 out of 1671 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Grupo Multi has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Grupo Multi's Interest Coverage compare to SNX and ARW?
According to the Hardware industry distribution chart, Grupo Multi ranks #1347 out of 1671 companies for Interest Coverage. This places Grupo Multi in the lower half of its industry. The industry median Interest Coverage is 13.79. Grupo Multi's value of 8.21 is 40.5% below this benchmark. Historically, Grupo Multi's own Interest Coverage has ranged from 1.89 to 37.94 over the past decade. While the company's 10-year median is 17.99 vs. the industry median of 13.79, Grupo Multi has consistently been below 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 Hardware company?
The median Interest Coverage among Hardware companies is 13.79, based on 1,671 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. Grupo Multi's current Interest Coverage of 8.21 is 40.5% below 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 Grupo Multi and its competitors. For the Hardware industry, the median Interest Coverage is 13.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grupo Multi's current Interest Coverage is 8.21, which is 54% below median its own 10-year median of 17.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo Multi stock overvalued right now?
Based on GuruFocus' analysis, Grupo Multi (BSP:MLAS3) is currently considered Fairly Valued. The stock's GF Value™ is R$1.84, compared to a current price of R$1.67 — trading 9.2% below its estimated fair value. The current Interest Coverage is 8.21, which is 54% below median its 10-year median of 17.99 and 40.5% below the Hardware industry median of 13.79. Grupo Multi's overall GF Score™ is 74/100 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 Grupo Multi (BSP:MLAS3), the current Interest Coverage is 8.21 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 Grupo Multi (BSP:MLAS3) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo Multi stock appears to be undervalued. The current stock price of R$1.67 is trading 9.2% below its estimated GF Value™ of R$1.84. GuruFocus considers Grupo Multi to be Fairly Valued.

Key valuation signals for BSP:MLAS3:

  • Interest Coverage: 8.21 (54% below median its 10-year median of 17.99)
  • GF Value™: R$1.84 vs. price of R$1.67 (9.2% below fair value)
  • GF Score™: 74/100 with 8 warning signs
  • Industry Position: 40.5% below the Hardware median (#1347 of 1671)

No single metric tells the full story. See the BSP:MLAS3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grupo Multi Business Description

Address Avenida Brigadeiro Faria Lima, No. 1811, 15th Andar, Sao Paulo, SP, BRA, CEP 01452-001
Grupo Multi SA, formerly Multilaser Industrial Ltd is involved in the electronics and computer supplies segment. The company offers cell phones, smartphones, telecommunications, tools and electronics segments, and others.
74GF Score

Get the complete analysis for BSP:MLAS3

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

R$1.67
Price
R$1.84
GF Value