Hove ASFRA:LL0 +0.56%60 Interest Coverage is 25.30 as of Mar. 2026, which is 287% above its 10-year median of 6.53. GuruFocus rates FRA:LL0 with a GF Score™ of 60/100 and a GF Value™ of €0.83 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,237 Chemicals companies, Hove AS ranks better than 71.62% 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. Hove AS's
Operating Income
for the
three
months ended in Mar. 2026 was €1.67 Mil. Hove AS's Interest Expense for the
three
months ended in Mar. 2026 was €-0.07 Mil.
Hove AS's interest coverage for the quarter that ended in Mar. 2026 was 25.30.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Hove AS's Interest Coverage or its related term are showing as below:
FRA:LL0'
s Interest Coverage Range Over the Past 10 Years
Min: 4.48 Med: 6.53 Max: 35.93
Current: 35.93
FRA:LL0's Interest Coverage is ranked better than 71.62% of 1237
companies
in the Chemicals industry
Industry Median: 10.21
vs FRA:LL0: 35.93
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 .
Hove AS Interest Coverage Related Terms
Hove AS Interest Coverage Historical Data
* Premium members only.
The historical data trend for Hove AS'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:LL0 vs LIN, SHW, ECL: Interest Coverage Comparison
For the Specialty Chemicals subindustry, Hove AS'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.
Hove AS Interest Coverage vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Hove AS's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Hove AS'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.
Hove AS (FRA:LL0) has a Interest Coverage of 25.30 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hove AS and its competitors. This is 287% above median its historical median of 6.53. Over the past decade, Hove AS's Interest Coverage has ranged from 4.48 to 35.93. According to the industry distribution chart, Hove AS ranks #351 out of 1237 companies in the Chemicals industry, placing it in the top 28.4%.
Is Hove AS's Interest Coverage too high?
Hove AS's current Interest Coverage of 25.30 is 287% above median its 10-year median of 6.53. Over the past 10 years, this metric has ranged from a low of 4.48 to a high of 35.93. The Chemicals industry median Interest Coverage is 10.21. Hove AS's value of 25.30 is 147.8% above this industry median. Based on the distribution chart, Hove AS ranks #351 out of 1237 companies in the Chemicals industry, which is above the industry midpoint. Overall, Hove AS has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hove AS's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Hove AS ranks #351 out of 1237 companies for Interest Coverage. This puts Hove AS in the upper half of its industry. The industry median Interest Coverage is 10.21. Hove AS's value of 25.30 is 147.8% above this benchmark. Historically, Hove AS's own Interest Coverage has ranged from 4.48 to 35.93 over the past decade. While the company's 10-year median is 6.53 vs. the industry median of 10.21, Hove AS 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.21, based on 1,237 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. Hove AS's current Interest Coverage of 25.30 is 147.8% 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 Hove AS and its competitors. For the Chemicals industry, the median Interest Coverage is 10.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hove AS's current Interest Coverage is 25.30, which is 287% above median its own 10-year median of 6.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hove AS stock overvalued right now?
Based on GuruFocus' analysis, Hove AS (FRA:LL0) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.83, compared to a current price of €0.72 — trading 13.5% below its estimated fair value. The current Interest Coverage is 25.30, which is 287% above median its 10-year median of 6.53 and 147.8% above the Chemicals industry median of 10.21. Hove AS's overall GF Score™ is 60/100 with 1 warning sign 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 Hove AS (FRA:LL0), the current Interest Coverage is 25.30 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 Hove AS (FRA:LL0) Overvalued in 2026?
Based on GuruFocus' analysis, Hove AS stock appears to be undervalued.
The current stock price of €0.72 is trading 13.5% below its estimated GF Value™ of €0.83.
GuruFocus considers Hove AS to be Modestly Undervalued.
Key valuation signals for FRA:LL0:
Interest Coverage: 25.30 (287% above median its 10-year median of 6.53)
GF Value™: €0.83 vs. price of €0.72 (13.5% below fair value)
Industry Position: 147.8% above the Chemicals median (#351 of 1237)
No single metric tells the full story. See the FRA:LL0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hove AS develops, produces, and supplies lubrication solutions for mechanical bearings in the wind turbine industry. The company's solutions are Hove Smart Lube, Hove Carry, Lubrication Solutions, Beinlich Pumps, and others.
60GF Score
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