DOF Group ASA (CHIX:DOFGO) Interest Coverage: 3.21 (As of Mar. 2026) — 103% Above Median


CHIX:DOFGO DOF Group ASA CHIX:DOFGO
61 GF Score
Price kr121.50
GF Value kr84.40
Valuation Significantly Overvalued
! 4 Warning Signs
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What is DOF Group ASA Interest Coverage?

DOF Group ASA CHIX:DOFGO 61 Interest Coverage is 3.21 as of Mar. 2026, which is 103% above its 10-year median of 1.58. GuruFocus rates CHIX:DOFGO with a GF Score™ of 61/100 and a GF Value™ of kr84.40 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,354 Construction companies, DOF Group ASA ranks worse than 66.1% 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. DOF Group ASA's Operating Income for the three months ended in Mar. 2026 was kr869 Mil. DOF Group ASA's Interest Expense for the three months ended in Mar. 2026 was kr-270 Mil. DOF Group ASA's interest coverage for the quarter that ended in Mar. 2026 was 3.21. The higher the ratio, the stronger the company's financial strength is.

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

CHIX:DOFGo' s Interest Coverage Range Over the Past 10 Years
Min: 0.69   Med: 1.58   Max: 4.1
Current: 4.1


CHIX:DOFGo's Interest Coverage is ranked worse than
66.1% of 1354 companies
in the Construction industry
Industry Median: 7.865 vs CHIX:DOFGo: 4.10

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


DOF Group ASA  (CHIX:DOFGo) 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 .


DOF Group ASA Interest Coverage Related Terms


DOF Group ASA Interest Coverage Historical Data

* Premium members only.

The historical data trend for DOF Group ASA'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.

DOF Group ASA Interest Coverage Chart

DOF Group ASA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 0.69 1.03 2.03 2.59 3.80

DOF Group ASA Quarterly Data
Dec20 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 1.73 4.12 4.61 4.47 3.21

CHIX:DOFGO vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, DOF Group ASA'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.


DOF Group ASA Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, DOF Group ASA's Interest Coverage distribution charts can be found below:

* The bar in red indicates where DOF Group ASA's Interest Coverage falls into.


CHIX:DOFGO
61GF Score
DOF Group ASA CHIX:DOFGO
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DOF Group ASA 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.

DOF Group ASA'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, DOF Group ASA's Interest Expense was kr-1,203 Mil. Its Operating Income was kr4,568 Mil. And its Long-Term Debt & Capital Lease Obligation was kr15,059 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*4568.319/-1202.721
=3.80

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

Here, for the three months ended in Mar. 2026, DOF Group ASA's Interest Expense was kr-270 Mil. Its Operating Income was kr869 Mil. And its Long-Term Debt & Capital Lease Obligation was kr15,405 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*869.274/-270.441
=3.21

* 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 3.21 mean?
DOF Group ASA (CHIX:DOFGO) has a Interest Coverage of 3.21 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on DOF Group ASA and its competitors. This is 103% above median its historical median of 1.58. Over the past decade, DOF Group ASA's Interest Coverage has ranged from 0.69 to 4.10. According to the industry distribution chart, DOF Group ASA ranks #895 out of 1354 companies in the Construction industry, placing it in the top 66.1%.
Is DOF Group ASA's Interest Coverage too high?
DOF Group ASA's current Interest Coverage of 3.21 is 103% above median its 10-year median of 1.58. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 4.10. The Construction industry median Interest Coverage is 7.87. DOF Group ASA's value of 3.21 is 59.2% below this industry median. Based on the distribution chart, DOF Group ASA ranks #895 out of 1354 companies in the Construction industry, which is below the industry midpoint. Overall, DOF Group ASA has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DOF Group ASA's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, DOF Group ASA ranks #895 out of 1354 companies for Interest Coverage. This places DOF Group ASA in the lower half of its industry. The industry median Interest Coverage is 7.87. DOF Group ASA's value of 3.21 is 59.2% below this benchmark. Historically, DOF Group ASA's own Interest Coverage has ranged from 0.69 to 4.10 over the past decade. While the company's 10-year median is 1.58 vs. the industry median of 7.87, DOF Group ASA 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 Construction company?
The median Interest Coverage among Construction companies is 7.87, based on 1,354 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. DOF Group ASA's current Interest Coverage of 3.21 is 59.2% 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 DOF Group ASA and its competitors. For the Construction industry, the median Interest Coverage is 7.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DOF Group ASA's current Interest Coverage is 3.21, which is 103% above median its own 10-year median of 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DOF Group ASA stock overvalued right now?
Based on GuruFocus' analysis, DOF Group ASA (CHIX:DOFGO) is currently considered Significantly Overvalued. The stock's GF Value™ is kr84.40, compared to a current price of kr121.50 — trading 44% above its estimated fair value. The current Interest Coverage is 3.21, which is 103% above median its 10-year median of 1.58 and 59.2% below the Construction industry median of 7.87. DOF Group ASA's overall GF Score™ is 61/100 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 DOF Group ASA (CHIX:DOFGO), the current Interest Coverage is 3.21 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 DOF Group ASA (CHIX:DOFGO) Overvalued in 2026?

Based on GuruFocus' analysis, DOF Group ASA stock appears to be overvalued. The current stock price of kr121.50 is trading 44% above its estimated GF Value™ of kr84.40. GuruFocus considers DOF Group ASA to be Significantly Overvalued.

Key valuation signals for CHIX:DOFGO:

  • Interest Coverage: 3.21 (103% above median its 10-year median of 1.58)
  • GF Value™: kr84.40 vs. price of kr121.50 (44% above fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 59.2% below the Construction median (#895 of 1354)

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


DOF Group ASA Business Description

Address Alfabygget, Storebo, NOR, 5392
DOF Group ASA is a provider of integrated subsea projects and marine services to the offshore energy market. The company operates in segments, which include Shipowning, Norskan, Subsea, DOFCON JV, and Corporate and vessel management. The majority of revenue is derived from the subsea segment, which is engaged in offering of subsea services under the management of one EVP for each of the regions. The activities from the subsea operations include Subsea IMR projects contracts ("subsea projects") and fixed time charter contracts ("long-term chartering").
61GF Score

Get the complete analysis for CHIX:DOFGO

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

kr121.50
Price
kr84.40
GF Value