Big Yellow Group (CHIX:BYGL) Interest Coverage: 9.03 (As of Mar. 2026) — 16% Above Median


CHIX:BYGL Big Yellow Group PLC CHIX:BYGL
72 GF Score
Price £9.19
GF Value £10.56
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Big Yellow Group Interest Coverage?

Big Yellow Group CHIX:BYGL -0.51% 72 Interest Coverage is 9.03 as of Mar. 2026, which is 16% above its 10-year median of 7.78. GuruFocus rates CHIX:BYGL with a GF Score™ of 72/100 and a GF Value™ of £10.56 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 700 REITs companies, Big Yellow Group ranks better than 77.43% 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. Big Yellow Group's Operating Income for the six months ended in Mar. 2026 was £64.7 Mil. Big Yellow Group's Interest Expense for the six months ended in Mar. 2026 was £-7.2 Mil. Big Yellow Group's interest coverage for the quarter that ended in Mar. 2026 was 9.03. The higher the ratio, the stronger the company's financial strength is.

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

CHIX:BYGl' s Interest Coverage Range Over the Past 10 Years
Min: 5.56   Med: 7.78   Max: 10.17
Current: 9.63


CHIX:BYGl's Interest Coverage is ranked better than
77.43% of 700 companies
in the REITs industry
Industry Median: 3.095 vs CHIX:BYGl: 9.63

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


Big Yellow Group  (CHIX:BYGl) 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 .


Big Yellow Group Interest Coverage Related Terms


Big Yellow Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for Big Yellow Group'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.

Big Yellow Group Interest Coverage Chart

Big Yellow Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.05 7.43 5.60 7.95 9.63

Big Yellow Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 5.82 6.83 9.49 10.30 9.03

CHIX:BYGL vs PLD, PSA, EXR: Interest Coverage Comparison

For the REIT - Industrial subindustry, Big Yellow Group'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.


Big Yellow Group Interest Coverage vs REITs Industry

For the REITs industry and Real Estate sector, Big Yellow Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Big Yellow Group's Interest Coverage falls into.


CHIX:BYGL
72GF Score
Big Yellow Group PLC CHIX:BYGL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Big Yellow Group 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.

Big Yellow Group's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Big Yellow Group's Interest Expense was £-13.6 Mil. Its Operating Income was £130.5 Mil. And its Long-Term Debt & Capital Lease Obligation was £496.7 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*130.514/-13.554
=9.63

Big Yellow Group's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Big Yellow Group's Interest Expense was £-7.2 Mil. Its Operating Income was £64.7 Mil. And its Long-Term Debt & Capital Lease Obligation was £496.7 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*64.674/-7.161
=9.03

* 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 9.03 mean?
Big Yellow Group (CHIX:BYGL) has a Interest Coverage of 9.03 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Big Yellow Group and its competitors. This is 16% above median its historical median of 7.78. Over the past decade, Big Yellow Group's Interest Coverage has ranged from 5.56 to 10.17. According to the industry distribution chart, Big Yellow Group ranks #158 out of 700 companies in the REITs industry, placing it in the top 22.6%.
Is Big Yellow Group's Interest Coverage too high?
Big Yellow Group's current Interest Coverage of 9.03 is 16% above median its 10-year median of 7.78. Over the past 10 years, this metric has ranged from a low of 5.56 to a high of 10.17. The REITs industry median Interest Coverage is 3.10. Big Yellow Group's value of 9.03 is 191.8% above this industry median. Based on the distribution chart, Big Yellow Group ranks #158 out of 700 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Big Yellow Group has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Big Yellow Group's Interest Coverage compare to PLD and PSA?
According to the REITs industry distribution chart, Big Yellow Group ranks #158 out of 700 companies for Interest Coverage. This places Big Yellow Group in the top 23% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 3.10. Big Yellow Group's value of 9.03 is 191.8% above this benchmark. Historically, Big Yellow Group's own Interest Coverage has ranged from 5.56 to 10.17 over the past decade. While the company's 10-year median is 7.78 vs. the industry median of 3.10, Big Yellow Group 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 REITs company?
The median Interest Coverage among REITs companies is 3.10, based on 700 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. Big Yellow Group's current Interest Coverage of 9.03 is 191.8% 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 Big Yellow Group and its competitors. For the REITs industry, the median Interest Coverage is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Big Yellow Group's current Interest Coverage is 9.03, which is 16% above median its own 10-year median of 7.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Big Yellow Group stock overvalued right now?
Based on GuruFocus' analysis, Big Yellow Group (CHIX:BYGL) is currently considered Modestly Undervalued. The stock's GF Value™ is £10.56, compared to a current price of £9.19 — trading 13% below its estimated fair value. The current Interest Coverage is 9.03, which is 16% above median its 10-year median of 7.78 and 191.8% above the REITs industry median of 3.10. Big Yellow Group's overall GF Score™ is 72/100 with 6 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 Big Yellow Group (CHIX:BYGL), the current Interest Coverage is 9.03 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 Big Yellow Group (CHIX:BYGL) Overvalued in 2026?

Based on GuruFocus' analysis, Big Yellow Group stock appears to be undervalued. The current stock price of £9.19 is trading 13% below its estimated GF Value™ of £10.56. GuruFocus considers Big Yellow Group to be Modestly Undervalued.

Key valuation signals for CHIX:BYGL:

  • Interest Coverage: 9.03 (16% above median its 10-year median of 7.78)
  • GF Value™: £10.56 vs. price of £9.19 (13% below fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 191.8% above the REITs median (#158 of 700)

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


Big Yellow Group Business Description

Industry Real EstateREITs
Other Exchanges BYLOF:USABYG:UKB9Y:Germany
Address Bridge Road, 2 The Deans, Bagshot, London, Surrey, GBR, GU19 5AT
Big Yellow Group PLC operates a portfolio of modern, purpose-built self-storage stores. The Group provides self storage solutions for domestic and business customers, including storage space, flexi offices, dedicated office space, delivery acceptance, forklifting, courier arrangement services, and the sale of boxes and packing materials. The Group operates Big Yellow stores and Armadillo stores across the United Kingdom, with a focus on London and the South East. The Group operates in one segment, the provision of self-storage and related services.
72GF Score

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

£9.19
Price
£10.56
GF Value