MGP IngredientsFRA:M1I +3.47%57 Interest Coverage is 4.45 as of Mar. 2026, which is 84% below its 10-year median of 27.30. GuruFocus rates FRA:M1I with a GF Score™ of 57/100 and a GF Value™ of €28.25. The stock has 7 warning signs investors should review. Among 159 Beverages - Alcoholic companies, MGP Ingredients ranks better than 55.35% 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. MGP Ingredients's
Operating Income
for the
three
months ended in Mar. 2026 was €5.5 Mil. MGP Ingredients's Interest Expense for the
three
months ended in Mar. 2026 was €-1.2 Mil.
MGP Ingredients's interest coverage for the quarter that ended in Mar. 2026 was 4.45.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for MGP Ingredients's Interest Coverage or its related term are showing as below:
FRA:M1I'
s Interest Coverage Range Over the Past 10 Years
Min: 11.48 Med: 27.3 Max: 42.93
Current: 11.48
FRA:M1I's Interest Coverage is ranked better than 55.35% of 159
companies
in the Beverages - Alcoholic industry
Industry Median: 8.63
vs FRA:M1I: 11.48
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 .
MGP Ingredients Interest Coverage Related Terms
MGP Ingredients Interest Coverage Historical Data
* Premium members only.
The historical data trend for MGP Ingredients'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:M1I vs SNDL, AGCC, CWGL: Interest Coverage Comparison
For the Beverages - Wineries & Distilleries subindustry, MGP Ingredients'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.
MGP Ingredients Interest Coverage vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, MGP Ingredients's Interest Coverage distribution charts can be found below:
* The bar in red indicates where MGP Ingredients'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.
MGP Ingredients (FRA:M1I) has a Interest Coverage of 4.45 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on MGP Ingredients and its competitors. This is 84% below median its historical median of 27.30. Over the past decade, MGP Ingredients' Interest Coverage has ranged from 11.48 to 42.93. According to the industry distribution chart, MGP Ingredients ranks #71 out of 159 companies in the Beverages - Alcoholic industry, placing it in the top 44.7%.
Is MGP Ingredients' Interest Coverage too high?
MGP Ingredients' current Interest Coverage of 4.45 is 84% below median its 10-year median of 27.30. Over the past 10 years, this metric has ranged from a low of 11.48 to a high of 42.93. The Beverages - Alcoholic industry median Interest Coverage is 8.63. MGP Ingredients' value of 4.45 is 48.4% below this industry median. Based on the distribution chart, MGP Ingredients ranks #71 out of 159 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, MGP Ingredients has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does MGP Ingredients' Interest Coverage compare to SNDL and AGCC?
According to the Beverages - Alcoholic industry distribution chart, MGP Ingredients ranks #71 out of 159 companies for Interest Coverage. This puts MGP Ingredients in the upper half of its industry. The industry median Interest Coverage is 8.63. MGP Ingredients' value of 4.45 is 48.4% below this benchmark. Historically, MGP Ingredients' own Interest Coverage has ranged from 11.48 to 42.93 over the past decade. While the company's 10-year median is 27.30 vs. the industry median of 8.63, MGP Ingredients 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 Beverages - Alcoholic company?
The median Interest Coverage among Beverages - Alcoholic companies is 8.63, based on 159 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. MGP Ingredients's current Interest Coverage of 4.45 is 48.4% 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 MGP Ingredients and its competitors. For the Beverages - Alcoholic industry, the median Interest Coverage is 8.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MGP Ingredients's current Interest Coverage is 4.45, which is 84% below median its own 10-year median of 27.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGP Ingredients stock overvalued right now?
MGP Ingredients (FRA:M1I) has a current Interest Coverage of 4.45. The stock's GF Value™ is €28.25, compared to a current price of €14.90 — trading 47.3% below its estimated fair value. The current Interest Coverage is 4.45, which is 84% below median its 10-year median of 27.30 and 48.4% below the Beverages - Alcoholic industry median of 8.63. MGP Ingredients' overall GF Score™ is 57/100 with 7 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 MGP Ingredients (FRA:M1I), the current Interest Coverage is 4.45 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 MGP Ingredients (FRA:M1I) Overvalued in 2026?
Based on GuruFocus' analysis, MGP Ingredients stock appears to be undervalued.
The current stock price of €14.90 is trading 47.3% below its estimated GF Value™ of €28.25.
Key valuation signals for FRA:M1I:
Interest Coverage: 4.45 (84% below median its 10-year median of 27.30)
GF Value™: €28.25 vs. price of €14.90 (47.3% below fair value)
Industry Position: 48.4% below the Beverages - Alcoholic median (#71 of 159)
No single metric tells the full story. See the FRA:M1I stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MGP Ingredients Inc is a producer and supplier of distilled spirits, specialty wheat protein, and starch food ingredients based in the United States. It operates in three reportable segments: Distillery Solutions, Branded Spirits Segment, and Ingredient Solutions. Maximum revenue is generated from the Branded Spirits segment, which consists of a portfolio of brands that it produces through its distilleries and bottling facilities and sells to distributors or to state governments that directly control the sale of alcohol. MGP's branded spirits include various brands across numerous categories and price tiers, such as Penelope Bourbon, Yellowstone Bourbon, Minor Case Straight Rye Whiskey, Brady's Irish Cream, Exotico Tequila, Arrow Cordials, Canada House Canadian Whisky, Lady Bligh Rum, etc.
57GF Score
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