Norske Skog ASAFRA:0BQ +1.52%73 Interest Coverage is 4.25 as of Mar. 2026, which is 185% above its 10-year median of 1.49. GuruFocus rates FRA:0BQ with a GF Score™ of 73/100 and a GF Value™ of €3.03 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 183 Forest Products companies, Norske Skog ASA ranks worse than 98.91% 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. Norske Skog ASA's
Operating Income
for the
three
months ended in Mar. 2026 was €25.5 Mil. Norske Skog ASA's Interest Expense for the
three
months ended in Mar. 2026 was €-6.0 Mil.
Norske Skog ASA's interest coverage for the quarter that ended in Mar. 2026 was 4.25.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Norske Skog ASA's Interest Coverage or its related term are showing as below:
FRA:0BQ'
s Interest Coverage Range Over the Past 10 Years
Min: 0.03 Med: 1.49 Max: 18.08
Current: 0.03
FRA:0BQ's Interest Coverage is ranked worse than 98.91% of 183
companies
in the Forest Products industry
Industry Median: 3.98
vs FRA:0BQ: 0.03
Norske Skog ASA (FRA:0BQ) 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 .
Norske Skog ASA Interest Coverage Related Terms
Norske Skog ASA Interest Coverage Historical Data
* Premium members only.
The historical data trend for Norske Skog 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.
For the Paper & Paper Products subindustry, Norske Skog 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.
Norske Skog ASA Interest Coverage vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Norske Skog ASA's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Norske Skog ASA'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.
Norske Skog ASA (FRA:0BQ) has a Interest Coverage of 4.25 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Norske Skog ASA and its competitors. This is 185% above median its historical median of 1.49. Over the past decade, Norske Skog ASA's Interest Coverage has ranged from 0.03 to 18.08. According to the industry distribution chart, Norske Skog ASA ranks #181 out of 183 companies in the Forest Products industry, placing it in the top 98.9%.
Is Norske Skog ASA's Interest Coverage too high?
Norske Skog ASA's current Interest Coverage of 4.25 is 185% above median its 10-year median of 1.49. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 18.08. The Forest Products industry median Interest Coverage is 3.98. Norske Skog ASA's value of 4.25 is 6.8% above this industry median. Based on the distribution chart, Norske Skog ASA ranks #181 out of 183 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Norske Skog ASA has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norske Skog ASA's Interest Coverage compare to SLVM?
According to the Forest Products industry distribution chart, Norske Skog ASA ranks #181 out of 183 companies for Interest Coverage. This places Norske Skog ASA in the lower half of its industry. The industry median Interest Coverage is 3.98. Norske Skog ASA's value of 4.25 is 6.8% above this benchmark. Historically, Norske Skog ASA's own Interest Coverage has ranged from 0.03 to 18.08 over the past decade. While the company's 10-year median is 1.49 vs. the industry median of 3.98, Norske Skog ASA 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 Forest Products company?
The median Interest Coverage among Forest Products companies is 3.98, based on 183 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. Norske Skog ASA's current Interest Coverage of 4.25 is 6.8% 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 Norske Skog ASA and its competitors. For the Forest Products industry, the median Interest Coverage is 3.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norske Skog ASA's current Interest Coverage is 4.25, which is 185% above median its own 10-year median of 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norske Skog ASA stock overvalued right now?
Based on GuruFocus' analysis, Norske Skog ASA (FRA:0BQ) is currently considered Modestly Overvalued. The stock's GF Value™ is €3.03, compared to a current price of €3.68 — trading 21.5% above its estimated fair value. The current Interest Coverage is 4.25, which is 185% above median its 10-year median of 1.49 and 6.8% above the Forest Products industry median of 3.98. Norske Skog ASA's overall GF Score™ is 73/100 with 12 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 Norske Skog ASA (FRA:0BQ), the current Interest Coverage is 4.25 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 Norske Skog ASA (FRA:0BQ) Overvalued in 2026?
Based on GuruFocus' analysis, Norske Skog ASA stock appears to be overvalued.
The current stock price of €3.68 is trading 21.5% above its estimated GF Value™ of €3.03.
GuruFocus considers Norske Skog ASA to be Modestly Overvalued.
Key valuation signals for FRA:0BQ:
Interest Coverage: 4.25 (185% above median its 10-year median of 1.49)
GF Value™: €3.03 vs. price of €3.68 (21.5% above fair value)
Industry Position: 6.8% above the Forest Products median (#181 of 183)
No single metric tells the full story. See the FRA:0BQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norske Skog ASA is a European company focused on the production of publication and packaging paper. The publication paper includes the production and sale of newsprint and magazine paper under the NOR brands. Packaging paper includes the production and sale of recycled containerboard under the Strato brand. Its product portfolio includes publication paper, recycled packaging paper, energy, and bioproducts. The company's core bioproducts are the nanocellulose product CEBINA and the bio-composite product CEBICO. Its reportable segments are Publication paper, Packaging paper, and Other activities. The majority of revenue is derived from the Publication paper segment. Geographically, the company generates the maximum revenue from Europe.
73GF Score
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