Bodycote (CHIX:BOYL) Interest Coverage: 18.40 (As of Dec. 2025) — 24% Below Median


CHIX:BOYL Bodycote PLC CHIX:BOYL
80 GF Score
Price £6.87
GF Value £6.45
Valuation Fairly Valued
! 4 Warning Signs
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What is Bodycote Interest Coverage?

Bodycote CHIX:BOYL -1.01% 80 Interest Coverage is 18.40 as of Dec. 2025, which is 24% below its 10-year median of 24.30. GuruFocus rates CHIX:BOYL with a GF Score™ of 80/100 and a GF Value™ of £6.45 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,325 Industrial Products companies, Bodycote ranks better than 51.1% 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. Bodycote's Operating Income for the six months ended in Dec. 2025 was £55.2 Mil. Bodycote's Interest Expense for the six months ended in Dec. 2025 was £-3.0 Mil. Bodycote's interest coverage for the quarter that ended in Dec. 2025 was 18.40. The higher the ratio, the stronger the company's financial strength is.

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

CHIX:BOYl' s Interest Coverage Range Over the Past 10 Years
Min: 15.81   Med: 24.3   Max: 1194
Current: 15.81


CHIX:BOYl's Interest Coverage is ranked better than
51.1% of 2325 companies
in the Industrial Products industry
Industry Median: 14.8 vs CHIX:BOYl: 15.81

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


Bodycote  (CHIX:BOYl) 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 .


Bodycote Interest Coverage Related Terms


Bodycote Interest Coverage Historical Data

* Premium members only.

The historical data trend for Bodycote'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.

Bodycote Interest Coverage Chart

Bodycote 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 24.29 24.31 22.11 17.19 15.81

Bodycote Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 24.20 15.58 19.16 13.70 18.40

CHIX:BOYL vs GEV, ETN, PH: Interest Coverage Comparison

For the Specialty Industrial Machinery subindustry, Bodycote'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.


Bodycote Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bodycote's Interest Coverage distribution charts can be found below:

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


CHIX:BOYL
80GF Score
Bodycote PLC CHIX:BOYL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Bodycote 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.

Bodycote'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, Bodycote's Interest Expense was £-6.7 Mil. Its Operating Income was £105.9 Mil. And its Long-Term Debt & Capital Lease Obligation was £176.4 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*105.9/-6.7
=15.81

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

Here, for the six months ended in Dec. 2025, Bodycote's Interest Expense was £-3.0 Mil. Its Operating Income was £55.2 Mil. And its Long-Term Debt & Capital Lease Obligation was £176.4 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*55.2/-3
=18.40

* 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 18.40 mean?
Bodycote (CHIX:BOYL) has a Interest Coverage of 18.40 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Bodycote and its competitors. This is 24% below median its historical median of 24.30. Over the past decade, Bodycote's Interest Coverage has ranged from 15.81 to 1,194.00. According to the industry distribution chart, Bodycote ranks #1137 out of 2325 companies in the Industrial Products industry, placing it in the top 48.9%.
Is Bodycote's Interest Coverage too high?
Bodycote's current Interest Coverage of 18.40 is 24% below median its 10-year median of 24.30. Over the past 10 years, this metric has ranged from a low of 15.81 to a high of 1,194.00. The Industrial Products industry median Interest Coverage is 14.80. Bodycote's value of 18.40 is 24.3% above this industry median. Based on the distribution chart, Bodycote ranks #1137 out of 2325 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Bodycote has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bodycote's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Bodycote ranks #1137 out of 2325 companies for Interest Coverage. This puts Bodycote in the upper half of its industry. The industry median Interest Coverage is 14.80. Bodycote's value of 18.40 is 24.3% above this benchmark. Historically, Bodycote's own Interest Coverage has ranged from 15.81 to 1,194.00 over the past decade. While the company's 10-year median is 24.30 vs. the industry median of 14.80, Bodycote 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 14.80, based on 2,325 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. Bodycote's current Interest Coverage of 18.40 is 24.3% 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 Bodycote and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bodycote's current Interest Coverage is 18.40, which is 24% below median its own 10-year median of 24.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bodycote stock overvalued right now?
Based on GuruFocus' analysis, Bodycote (CHIX:BOYL) is currently considered Fairly Valued. The stock's GF Value™ is £6.45, compared to a current price of £6.87 — trading 6.5% above its estimated fair value. The current Interest Coverage is 18.40, which is 24% below median its 10-year median of 24.30 and 24.3% above the Industrial Products industry median of 14.80. Bodycote's overall GF Score™ is 80/100 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 Bodycote (CHIX:BOYL), the current Interest Coverage is 18.40 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 Bodycote (CHIX:BOYL) Overvalued in 2026?

Based on GuruFocus' analysis, Bodycote stock appears to be overvalued. The current stock price of £6.87 is trading 6.5% above its estimated GF Value™ of £6.45. GuruFocus considers Bodycote to be Fairly Valued.

Key valuation signals for CHIX:BOYL:

  • Interest Coverage: 18.40 (24% below median its 10-year median of 24.30)
  • GF Value™: £6.45 vs. price of £6.87 (6.5% above fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 24.3% above the Industrial Products median (#1137 of 2325)

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


Bodycote Business Description

Other Exchanges BYPLF:USABOY:UK21T:Germany
Address Tytherington Business Park, Springwood Court, Springwood Close, Macclesfield, Cheshire, GBR, SK10 2XF
Bodycote PLC provides thermal processing services including heat treatment, metal joining, surface coating technologies, and hot isostatic pressing. It organizes its plants into three divisions: Specialist Technologies, Precision Heat Treatment, and Non-core. It generatesmajority of its revenue from Specialist Technologies segment This division includes the Group's Hot Isostatic Pressing (HIP) business; its Speciality Stainless Steel Processes (S3P) business and its Surface Technology business. It has a geographical presence in the USA, France, Germany, the UK, Sweden, Netherlands.
80GF Score

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

£6.87
Price
£6.45
GF Value