M&G (CHIX:MNGL) Interest Coverage: 4.02 (As of Dec. 2025) — 33% Below Median


CHIX:MNGL M&G PLC CHIX:MNGL
62 GF Score
Price £3.32
GF Value £3.52
Valuation Fairly Valued
! 5 Warning Signs
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What is M&G Interest Coverage?

M&G CHIX:MNGL +0.02% 62 Interest Coverage is 4.02 as of Dec. 2025, which is 33% below its 10-year median of 6.02. GuruFocus rates CHIX:MNGL with a GF Score™ of 62/100 and a GF Value™ of £3.52 (Fairly Valued). The stock has 5 warning signs investors should review. Among 476 Asset Management companies, M&G ranks worse than 76.26% 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 EBIT by its Interest Expense. M&G's EBIT for the six months ended in Dec. 2025 was £1,000 Mil. M&G's Interest Expense for the six months ended in Dec. 2025 was £-249 Mil. M&G's interest coverage for the quarter that ended in Dec. 2025 was 4.02. The higher the ratio, the stronger the company's financial strength is.

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

CHIX:MNGl' s Interest Coverage Range Over the Past 10 Years
Min: 1.35   Med: 6.02   Max: 22.37
Current: 3.82


CHIX:MNGl's Interest Coverage is ranked worse than
76.26% of 476 companies
in the Asset Management industry
Industry Median: 43.13 vs CHIX:MNGl: 3.82

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


M&G  (CHIX:MNGl) 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 .


M&G Interest Coverage Related Terms


M&G Interest Coverage Historical Data

* Premium members only.

The historical data trend for M&G'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.

M&G Interest Coverage Chart

M&G 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 3.45 0.00 3.05 1.35 3.82

M&G Semi-Annual Data
Dec16 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 4.06 2.15 0.73 3.60 4.02

CHIX:MNGL vs BLK, BX, KKR: Interest Coverage Comparison

For the Asset Management subindustry, M&G'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.


M&G Interest Coverage vs Asset Management Industry

For the Asset Management industry and Financial Services sector, M&G's Interest Coverage distribution charts can be found below:

* The bar in red indicates where M&G's Interest Coverage falls into.


CHIX:MNGL
62GF Score
M&G PLC CHIX:MNGL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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M&G 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 EBIT is positive, then

Interest Coverage=-1* EBIT /Interest Expense

Else if Interest Expense is negative and EBIT 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.

M&G'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, M&G's Interest Expense was £-464 Mil. Its EBIT was £1,774 Mil. And its Long-Term Debt & Capital Lease Obligation was £6,872 Mil.

Interest Coverage=-1* EBIT (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*1774/-464
=3.82

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

Here, for the six months ended in Dec. 2025, M&G's Interest Expense was £-249 Mil. Its EBIT was £1,000 Mil. And its Long-Term Debt & Capital Lease Obligation was £6,872 Mil.

Interest Coverage=-1* EBIT (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*1000/-249
=4.02

* 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 4.02 mean?
M&G (CHIX:MNGL) has a Interest Coverage of 4.02 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on M&G and its competitors. This is 33% below median its historical median of 6.02. Over the past decade, M&G's Interest Coverage has ranged from 1.35 to 22.37. According to the industry distribution chart, M&G ranks #363 out of 476 companies in the Asset Management industry, placing it in the top 76.3%.
Is M&G's Interest Coverage too high?
M&G's current Interest Coverage of 4.02 is 33% below median its 10-year median of 6.02. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 22.37. The Asset Management industry median Interest Coverage is 43.13. M&G's value of 4.02 is 90.7% below this industry median. Based on the distribution chart, M&G ranks #363 out of 476 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, M&G has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does M&G's Interest Coverage compare to BLK and BX?
According to the Asset Management industry distribution chart, M&G ranks #363 out of 476 companies for Interest Coverage. This places M&G in the lower half of its industry. The industry median Interest Coverage is 43.13. M&G's value of 4.02 is 90.7% below this benchmark. Historically, M&G's own Interest Coverage has ranged from 1.35 to 22.37 over the past decade. While the company's 10-year median is 6.02 vs. the industry median of 43.13, M&G 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 an Asset Management company?
The median Interest Coverage among Asset Management companies is 43.13, based on 476 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. M&G's current Interest Coverage of 4.02 is 90.7% 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 M&G and its competitors. For the Asset Management industry, the median Interest Coverage is 43.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M&G's current Interest Coverage is 4.02, which is 33% below median its own 10-year median of 6.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M&G stock overvalued right now?
Based on GuruFocus' analysis, M&G (CHIX:MNGL) is currently considered Fairly Valued. The stock's GF Value™ is £3.52, compared to a current price of £3.32 — trading 5.7% below its estimated fair value. The current Interest Coverage is 4.02, which is 33% below median its 10-year median of 6.02 and 90.7% below the Asset Management industry median of 43.13. M&G's overall GF Score™ is 62/100 with 5 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 M&G (CHIX:MNGL), the current Interest Coverage is 4.02 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 M&G (CHIX:MNGL) Overvalued in 2026?

Based on GuruFocus' analysis, M&G stock appears to be undervalued. The current stock price of £3.32 is trading 5.7% below its estimated GF Value™ of £3.52. GuruFocus considers M&G to be Fairly Valued.

Key valuation signals for CHIX:MNGL:

  • Interest Coverage: 4.02 (33% below median its 10-year median of 6.02)
  • GF Value™: £3.52 vs. price of £3.32 (5.7% below fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 90.7% below the Asset Management median (#363 of 476)

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


M&G Business Description

Other Exchanges MGPUF:USAMNG:UK7MP:Germany
Address 10 Fenchurch Avenue, London, GBR, EC3M 5AG
M&G PLC is a United Kingdom-based company engaged in the savings and investments business. It serves retail customers, who want to build and protect their life savings, and provides investment solutions. The company's reportable segment are Asset Management segment offers investment management to both wholesale and institutional clients. The Life segment operates in the savings and pensions market and includes corporate risk and individual and international solutions. and The Corporate Centre segment includes central corporate costs and debt costs. Geographically segmentation includes United Kingdom and rest of the world.
62GF Score

Get the complete analysis for CHIX:MNGL

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

£3.32
Price
£3.52
GF Value