Future (FRA:FNWA) Interest Coverage: 3.33 (As of Mar. 2026) — 70% Below Median


FRA:FNWA Future PLC FRA:FNWA
61 GF Score
Price €3.34
GF Value €9.42
Valuation Possible Value Trap
! 6 Warning Signs
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What is Future Interest Coverage?

Future FRA:FNWA +1.83% 61 Interest Coverage is 3.33 as of Mar. 2026, which is 70% below its 10-year median of 11.00. GuruFocus rates FRA:FNWA with a GF Score™ of 61/100 and a GF Value™ of €9.42 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 609 Media - Diversified companies, Future ranks worse than 68.31% 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. Future's Operating Income for the six months ended in Mar. 2026 was €52.6 Mil. Future's Interest Expense for the six months ended in Mar. 2026 was €-15.8 Mil. Future's interest coverage for the quarter that ended in Mar. 2026 was 3.33. The higher the ratio, the stronger the company's financial strength is.

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

FRA:FNWA' s Interest Coverage Range Over the Past 10 Years
Min: 4   Med: 11   Max: 28
Current: 4


FRA:FNWA's Interest Coverage is ranked worse than
68.31% of 609 companies
in the Media - Diversified industry
Industry Median: 11.88 vs FRA:FNWA: 4.00

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


Future  (FRA:FNWA) 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 .


Future Interest Coverage Related Terms


Future Interest Coverage Historical Data

* Premium members only.

The historical data trend for Future'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.

Future Interest Coverage Chart

Future Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.39 12.99 5.73 5.04 5.24

Future Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 4.26 6.04 6.06 4.61 3.33

FRA:FNWA vs NYT, WLY: Interest Coverage Comparison

For the Publishing subindustry, Future'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.


Future Interest Coverage vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Future's Interest Coverage distribution charts can be found below:

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


FRA:FNWA
61GF Score
Future PLC FRA:FNWA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Future 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.

Future's Interest Coverage for the fiscal year that ended in Sep. 2025 is calculated as

Here, for the fiscal year that ended in Sep. 2025, Future's Interest Expense was €-30.6 Mil. Its Operating Income was €160.5 Mil. And its Long-Term Debt & Capital Lease Obligation was €381.9 Mil.

Interest Coverage=-1* Operating Income (A: Sep. 2025 )/Interest Expense (A: Sep. 2025 )
=-1*160.498/-30.626
=5.24

Future's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Future's Interest Expense was €-15.8 Mil. Its Operating Income was €52.6 Mil. And its Long-Term Debt & Capital Lease Obligation was €446.7 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*52.592/-15.801
=3.33

* 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 3.33 mean?
Future (FRA:FNWA) has a Interest Coverage of 3.33 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Future and its competitors. This is 70% below median its historical median of 11.00. Over the past decade, Future's Interest Coverage has ranged from 4.00 to 28.00. According to the industry distribution chart, Future ranks #416 out of 609 companies in the Media - Diversified industry, placing it in the top 68.3%.
Is Future's Interest Coverage too high?
Future's current Interest Coverage of 3.33 is 70% below median its 10-year median of 11.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 28.00. The Media - Diversified industry median Interest Coverage is 11.88. Future's value of 3.33 is 72% below this industry median. Based on the distribution chart, Future ranks #416 out of 609 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Future has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Future's Interest Coverage compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Future ranks #416 out of 609 companies for Interest Coverage. This places Future in the lower half of its industry. The industry median Interest Coverage is 11.88. Future's value of 3.33 is 72% below this benchmark. Historically, Future's own Interest Coverage has ranged from 4.00 to 28.00 over the past decade. While the company's 10-year median is 11.00 vs. the industry median of 11.88, Future 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 Media - Diversified company?
The median Interest Coverage among Media - Diversified companies is 11.88, based on 609 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. Future's current Interest Coverage of 3.33 is 72% 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 Future and its competitors. For the Media - Diversified industry, the median Interest Coverage is 11.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Future's current Interest Coverage is 3.33, which is 70% below median its own 10-year median of 11.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future stock overvalued right now?
Based on GuruFocus' analysis, Future (FRA:FNWA) is currently considered Possible Value Trap. The stock's GF Value™ is €9.42, compared to a current price of €3.34 — trading 64.5% below its estimated fair value. The current Interest Coverage is 3.33, which is 70% below median its 10-year median of 11.00 and 72% below the Media - Diversified industry median of 11.88. Future's overall GF Score™ is 61/100 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 Future (FRA:FNWA), the current Interest Coverage is 3.33 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 Future (FRA:FNWA) Overvalued in 2026?

Based on GuruFocus' analysis, Future stock appears to be undervalued. The current stock price of €3.34 is trading 64.5% below its estimated GF Value™ of €9.42. GuruFocus considers Future to be Possible Value Trap.

Key valuation signals for FRA:FNWA:

  • Interest Coverage: 3.33 (70% below median its 10-year median of 11.00)
  • GF Value™: €9.42 vs. price of €3.34 (64.5% below fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 72% below the Media - Diversified median (#416 of 609)

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


Future Business Description

Other Exchanges FUTRl:UKFUTR:UK
Address Quay House, The Ambury, Bath, GBR, BA1 1UA
Future PLC is a platform for specialist media underpinned by proprietary technology and enabled by data, with diversified revenue streams. It focuses on various areas which include technology, games, films, music, and photography under brands such as Louder, Tom's Guide, PC Gamer, Digital Camera World, Marie Claire, and others. The company functions through the following divisions; the Media division which generates maximum revenue includes income from digital advertising, affiliate revenue for products, rewards, price comparison and events; and the Magazine division includes revenue associated with digital or printed magazines or bookazines from advertising, to subscriptions, to newstrade. Its reportable segments include the United Kingdom which derives key revenue, and the United States.
61GF Score

Get the complete analysis for FRA:FNWA

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

€3.34
Price
€9.42
GF Value