MEKO ABCHIX:MEKOS 69 Interest Coverage is 1.89 as of Mar. 2026, which is 65% below its 10-year median of 5.39. GuruFocus rates CHIX:MEKOS with a GF Score™ of 69/100 and a GF Value™ of kr122.47 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,066 Vehicles & Parts companies, MEKO AB ranks worse than 88.46% 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. MEKO AB's
Operating Income
for the
three
months ended in Mar. 2026 was kr174 Mil. MEKO AB's Interest Expense for the
three
months ended in Mar. 2026 was kr-92 Mil.
MEKO AB's interest coverage for the quarter that ended in Mar. 2026 was 1.89.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for MEKO AB's Interest Coverage or its related term are showing as below:
CHIX:MEKOs'
s Interest Coverage Range Over the Past 10 Years
Min: 1.42 Med: 5.39 Max: 18.38
Current: 1.42
CHIX:MEKOs's Interest Coverage is ranked worse than 88.46% of 1066
companies
in the Vehicles & Parts industry
Industry Median: 8.295
vs CHIX:MEKOs: 1.42
MEKO AB (CHIX:MEKOs) 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 .
MEKO AB Interest Coverage Related Terms
MEKO AB Interest Coverage Historical Data
* Premium members only.
The historical data trend for MEKO AB'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.
CHIX:MEKOS vs ORLY, AZO, BWA: Interest Coverage Comparison
For the Auto Parts subindustry, MEKO AB'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.
MEKO AB Interest Coverage vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, MEKO AB's Interest Coverage distribution charts can be found below:
* The bar in red indicates where MEKO AB'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.
MEKO AB (CHIX:MEKOS) has a Interest Coverage of 1.89 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on MEKO AB and its competitors. This is 65% below median its historical median of 5.39. Over the past decade, MEKO AB's Interest Coverage has ranged from 1.42 to 18.38. According to the industry distribution chart, MEKO AB ranks #943 out of 1066 companies in the Vehicles & Parts industry, placing it in the top 88.5%.
Is MEKO AB's Interest Coverage too high?
MEKO AB's current Interest Coverage of 1.89 is 65% below median its 10-year median of 5.39. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 18.38. The Vehicles & Parts industry median Interest Coverage is 8.30. MEKO AB's value of 1.89 is 77.2% below this industry median. Based on the distribution chart, MEKO AB ranks #943 out of 1066 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, MEKO AB has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MEKO AB's Interest Coverage compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, MEKO AB ranks #943 out of 1066 companies for Interest Coverage. This places MEKO AB in the lower half of its industry. The industry median Interest Coverage is 8.30. MEKO AB's value of 1.89 is 77.2% below this benchmark. Historically, MEKO AB's own Interest Coverage has ranged from 1.42 to 18.38 over the past decade. While the company's 10-year median is 5.39 vs. the industry median of 8.30, MEKO AB 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 Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.30, based on 1,066 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. MEKO AB's current Interest Coverage of 1.89 is 77.2% 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 MEKO AB and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MEKO AB's current Interest Coverage is 1.89, which is 65% below median its own 10-year median of 5.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MEKO AB stock overvalued right now?
Based on GuruFocus' analysis, MEKO AB (CHIX:MEKOS) is currently considered Possible Value Trap. The stock's GF Value™ is kr122.47, compared to a current price of kr79.53 — trading 35.1% below its estimated fair value. The current Interest Coverage is 1.89, which is 65% below median its 10-year median of 5.39 and 77.2% below the Vehicles & Parts industry median of 8.30. MEKO AB's overall GF Score™ is 69/100 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 MEKO AB (CHIX:MEKOS), the current Interest Coverage is 1.89 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 MEKO AB (CHIX:MEKOS) Overvalued in 2026?
Based on GuruFocus' analysis, MEKO AB stock appears to be undervalued.
The current stock price of kr79.53 is trading 35.1% below its estimated GF Value™ of kr122.47.
GuruFocus considers MEKO AB to be Possible Value Trap.
Key valuation signals for CHIX:MEKOS:
Interest Coverage: 1.89 (65% below median its 10-year median of 5.39)
GF Value™: kr122.47 vs. price of kr79.53 (35.1% below fair value)
Industry Position: 77.2% below the Vehicles & Parts median (#943 of 1066)
No single metric tells the full story. See the CHIX:MEKOS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MEKO AB functions in the car aftermarket, operating car service chains, and wholesale operations. The company offers spare parts and accessories to affiliated workshops, other workshops, other business-to-business customers, and car owners. The company conducts business through segments: Denmark, Finland, Poland/the Baltics, Sweden/Norway, and Sorensen og Balchen (Norway). It generates maximum revenue from Sweden/Norway. The Affiliated workshops of the company operate under the company's brands: BilXtra, MECA, Mekonomen BFTZ, Fixus, Inter-Team, among others.
69GF Score
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