IGM FinancialFRA:C7G -0.84%82 Interest Coverage is 10.30 as of Mar. 2026, which is 10% above its 10-year median of 9.40. GuruFocus rates FRA:C7G with a GF Score™ of 82/100 and a GF Value™ of €31.01. The stock has 9 warning signs investors should review. Among 475 Asset Management companies, IGM Financial ranks worse than 64.21% 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. IGM Financial's
Operating Income
for the
three
months ended in Mar. 2026 was €208 Mil. IGM Financial's Interest Expense for the
three
months ended in Mar. 2026 was €-20 Mil.
IGM Financial's interest coverage for the quarter that ended in Mar. 2026 was 10.30.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for IGM Financial's Interest Coverage or its related term are showing as below:
FRA:C7G'
s Interest Coverage Range Over the Past 10 Years
Min: 8.1 Med: 9.4 Max: 14.23
Current: 10.14
FRA:C7G's Interest Coverage is ranked worse than 64.21% of 475
companies
in the Asset Management industry
Industry Median: 42.97
vs FRA:C7G: 10.14
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 .
IGM Financial Interest Coverage Related Terms
IGM Financial Interest Coverage Historical Data
* Premium members only.
The historical data trend for IGM Financial'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.
FRA:C7G vs BLK, BX, KKR: Interest Coverage Comparison
For the Asset Management subindustry, IGM Financial'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.
IGM Financial Interest Coverage vs Asset Management Industry
For the Asset Management industry and Financial Services sector, IGM Financial's Interest Coverage distribution charts can be found below:
* The bar in red indicates where IGM Financial'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.
IGM Financial (FRA:C7G) has a Interest Coverage of 10.30 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on IGM Financial and its competitors. This is 10% above median its historical median of 9.40. Over the past decade, IGM Financial's Interest Coverage has ranged from 8.10 to 14.23. According to the industry distribution chart, IGM Financial ranks #305 out of 475 companies in the Asset Management industry, placing it in the top 64.2%.
Is IGM Financial's Interest Coverage too high?
IGM Financial's current Interest Coverage of 10.30 is 10% above median its 10-year median of 9.40. Over the past 10 years, this metric has ranged from a low of 8.10 to a high of 14.23. The Asset Management industry median Interest Coverage is 42.97. IGM Financial's value of 10.30 is 76% below this industry median. Based on the distribution chart, IGM Financial ranks #305 out of 475 companies in the Asset Management industry, which is below the industry midpoint. Overall, IGM Financial has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does IGM Financial's Interest Coverage compare to BLK and BX?
According to the Asset Management industry distribution chart, IGM Financial ranks #305 out of 475 companies for Interest Coverage. This places IGM Financial in the lower half of its industry. The industry median Interest Coverage is 42.97. IGM Financial's value of 10.30 is 76% below this benchmark. Historically, IGM Financial's own Interest Coverage has ranged from 8.10 to 14.23 over the past decade. While the company's 10-year median is 9.40 vs. the industry median of 42.97, IGM Financial 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 42.97, based on 475 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. IGM Financial's current Interest Coverage of 10.30 is 76% 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 IGM Financial and its competitors. For the Asset Management industry, the median Interest Coverage is 42.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IGM Financial's current Interest Coverage is 10.30, which is 10% above median its own 10-year median of 9.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGM Financial stock overvalued right now?
IGM Financial (FRA:C7G) has a current Interest Coverage of 10.30. The stock's GF Value™ is €31.01, compared to a current price of €47.00 — trading 51.6% above its estimated fair value. The current Interest Coverage is 10.30, which is 10% above median its 10-year median of 9.40 and 76% below the Asset Management industry median of 42.97. IGM Financial's overall GF Score™ is 82/100 with 9 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 IGM Financial (FRA:C7G), the current Interest Coverage is 10.30 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 IGM Financial (FRA:C7G) Overvalued in 2026?
Based on GuruFocus' analysis, IGM Financial stock appears to be overvalued.
The current stock price of €47.00 is trading 51.6% above its estimated GF Value™ of €31.01.
Key valuation signals for FRA:C7G:
Interest Coverage: 10.30 (10% above median its 10-year median of 9.40)
GF Value™: €31.01 vs. price of €47.00 (51.6% above fair value)
Industry Position: 76% below the Asset Management median (#305 of 475)
No single metric tells the full story. See the FRA:C7G stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IGM Financial is a leading nonbank Canadian wealth and asset management company. Power Corporation of Canada, which also holds a majority stake in Great-West Life co, has a majority stake (62%) in IGM. The company has two main operating segments, wealth management and asset management. As of December 2025, IGM's wealth management unit had CAD 159 billion in assets under advisement, or AUA, while the firm's asset management unit had CAD 151 billion in third-party assets under management, or AUM.
82GF Score
Get the complete analysis for FRA:C7G
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