Forum Engineering (FRA:4I5) Interest Coverage: 1,191.83 (As of Sep. 2025) — 98% Above Median

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FRA:4I5 Forum Engineering Inc FRA:4I5
76 GF Score
Price €9.15
GF Value €5.54
! 6 Warning Signs
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What is Forum Engineering Interest Coverage?

Forum Engineering FRA:4I5 76 Interest Coverage is 1,191.83 as of Sep. 2025, which is 98% above its 10-year median of 602.58. GuruFocus rates FRA:4I5 with a GF Score™ of 76/100 and a GF Value™ of €5.54. The stock has 6 warning signs investors should review. Among 813 Business Services companies, Forum Engineering ranks better than 91.76% 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. Forum Engineering's Operating Income for the three months ended in Sep. 2025 was €7.2 Mil. Forum Engineering's Interest Expense for the three months ended in Sep. 2025 was €-0.0 Mil. Forum Engineering's interest coverage for the quarter that ended in Sep. 2025 was 1,191.83. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Forum Engineering Inc has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Forum Engineering's Interest Coverage or its related term are showing as below:

FRA:4I5' s Interest Coverage Range Over the Past 10 Years
Min: 135.17   Med: 602.58   Max: No Debt
Current: 795.8


FRA:4I5's Interest Coverage is ranked better than
91.76% of 813 companies
in the Business Services industry
Industry Median: 13.21 vs FRA:4I5: 795.80

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


Forum Engineering  (FRA:4I5) 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 .


Forum Engineering Interest Coverage Related Terms


Forum Engineering Interest Coverage Historical Data

* Premium members only.

The historical data trend for Forum Engineering'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.

Forum Engineering Interest Coverage Chart

Forum Engineering Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial 235.84 140.51 134.93 502.70 704.76

Forum Engineering Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 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 Premium Member Only Premium Member Only 430.54 N/A 592.58 1,191.83 773.27

FRA:4I5 vs KFY, RHI, TNET: Interest Coverage Comparison

For the Staffing & Employment Services subindustry, Forum Engineering'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.


Forum Engineering Interest Coverage vs Business Services Industry

For the Business Services industry and Industrials sector, Forum Engineering's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Forum Engineering's Interest Coverage falls into.


FRA:4I5
76GF Score
Forum Engineering Inc FRA:4I5
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forum Engineering 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.

Forum Engineering's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, Forum Engineering's Interest Expense was €-0.0 Mil. Its Operating Income was €26.1 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.5 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*26.076/-0.037
=704.76

Forum Engineering's Interest Coverage for the quarter that ended in Sep. 2025 is calculated as

Here, for the three months ended in Sep. 2025, Forum Engineering's Interest Expense was €-0.0 Mil. Its Operating Income was €7.2 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.3 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2025 )/Interest Expense (Q: Sep. 2025 )
=-1*7.151/-0.006
=1,191.83

* 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 1,191.83 mean?
Forum Engineering (FRA:4I5) has a Interest Coverage of 1,191.83 as of Sep. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Forum Engineering and its competitors. This is 98% above median its historical median of 602.58. Over the past decade, Forum Engineering's Interest Coverage has ranged from 135.17 to 10,000.00. According to the industry distribution chart, Forum Engineering ranks #67 out of 813 companies in the Business Services industry, placing it in the top 8.2%.
Is Forum Engineering's Interest Coverage too high?
Forum Engineering's current Interest Coverage of 1,191.83 is 98% above median its 10-year median of 602.58. Over the past 10 years, this metric has ranged from a low of 135.17 to a high of 10,000.00. The Business Services industry median Interest Coverage is 13.21. Forum Engineering's value of 1,191.83 is 8922.2% above this industry median. Based on the distribution chart, Forum Engineering ranks #67 out of 813 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Forum Engineering has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Forum Engineering's Interest Coverage compare to KFY and RHI?
According to the Business Services industry distribution chart, Forum Engineering ranks #67 out of 813 companies for Interest Coverage. This places Forum Engineering in the top 8% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 13.21. Forum Engineering's value of 1,191.83 is 8922.2% above this benchmark. Historically, Forum Engineering's own Interest Coverage has ranged from 135.17 to 10,000.00 over the past decade. While the company's 10-year median is 602.58 vs. the industry median of 13.21, Forum Engineering 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 Business Services company?
The median Interest Coverage among Business Services companies is 13.21, based on 813 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. Forum Engineering's current Interest Coverage of 1,191.83 is 8922.2% 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 Forum Engineering and its competitors. For the Business Services industry, the median Interest Coverage is 13.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forum Engineering's current Interest Coverage is 1,191.83, which is 98% above median its own 10-year median of 602.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forum Engineering stock overvalued right now?
Forum Engineering (FRA:4I5) has a current Interest Coverage of 1,191.83. The stock's GF Value™ is €5.54, compared to a current price of €9.15 — trading 65.2% above its estimated fair value. The current Interest Coverage is 1,191.83, which is 98% above median its 10-year median of 602.58 and 8922.2% above the Business Services industry median of 13.21. Forum Engineering's overall GF Score™ is 76/100 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 Forum Engineering (FRA:4I5), the current Interest Coverage is 1,191.83 as of Sep. 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 Forum Engineering (FRA:4I5) Overvalued in 2026?

Based on GuruFocus' analysis, Forum Engineering stock appears to be overvalued. The current stock price of €9.15 is trading 65.2% above its estimated GF Value™ of €5.54.

Key valuation signals for FRA:4I5:

  • Interest Coverage: 1,191.83 (98% above median its 10-year median of 602.58)
  • GF Value™: €5.54 vs. price of €9.15 (65.2% above fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 8922.2% above the Business Services median (#67 of 813)

No single metric tells the full story. See the FRA:4I5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forum Engineering Business Description

Address 4-3-1 Toranomon Minato-ku, Shiroyama Trust Tower 24th Floor, Tokyo, JPN, 105-6024
Forum Engineering Inc is a provider of human resources. The company's business includes worker dispatch business and paid job placement services. Its services include Cognavi dispatch, Cognavi career change, Cognavi graduate, Cognavi talent management, and Cognavi college.
76GF Score

Get the complete analysis for FRA:4I5

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

€9.15
Price
€5.54
GF Value