Mercator MedicalFRA:MM2 +0.18%60 Interest Coverage is 57.74 as of Mar. 2026, which is 650% above its 10-year median of 7.70. GuruFocus rates FRA:MM2 with a GF Score™ of 60/100 and a GF Value™ of €11.71 (Fairly Valued). The stock has 2 warning signs investors should review. Among 468 Medical Devices & Instruments companies, Mercator Medical ranks worse than 213675% 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. Mercator Medical's
Operating Income
for the
three
months ended in Mar. 2026 was €2.0 Mil. Mercator Medical's Interest Expense for the
three
months ended in Mar. 2026 was €-0.0 Mil.
Mercator Medical's interest coverage for the quarter that ended in Mar. 2026 was 57.74.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Mercator Medical's Interest Coverage or its related term are showing as below:
FRA:MM2's Interest Coverage is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 15.71 * Ranked among companies with meaningful Interest Coverage only.
Mercator Medical (FRA:MM2) 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 .
Mercator Medical Interest Coverage Related Terms
Mercator Medical Interest Coverage Historical Data
* Premium members only.
The historical data trend for Mercator Medical'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:MM2 vs ISRG, BDX, MDLN: Interest Coverage Comparison
For the Medical Instruments & Supplies subindustry, Mercator Medical'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.
Mercator Medical Interest Coverage vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Mercator Medical's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Mercator Medical'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.
Mercator Medical (FRA:MM2) has a Interest Coverage of 57.74 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mercator Medical and its competitors. This is 650% above median its historical median of 7.70. According to the industry distribution chart, Mercator Medical ranks #999999 out of 468 companies in the Medical Devices & Instruments industry.
Is Mercator Medical's Interest Coverage too high?
Mercator Medical's current Interest Coverage of 57.74 is 650% above median its 10-year median of 7.70. The Medical Devices & Instruments industry median Interest Coverage is 15.71. Mercator Medical's value of 57.74 is 267.5% above this industry median. Based on the distribution chart, Mercator Medical ranks #999999 out of 468 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Mercator Medical has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mercator Medical's Interest Coverage compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Mercator Medical ranks #999999 out of 468 companies for Interest Coverage. This places Mercator Medical in the lower half of its industry. The industry median Interest Coverage is 15.71. Mercator Medical's value of 57.74 is 267.5% above this benchmark. While the company's 10-year median is 7.70 vs. the industry median of 15.71, Mercator Medical 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 Medical Devices & Instruments company?
The median Interest Coverage among Medical Devices & Instruments companies is 15.71, based on 468 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. Mercator Medical's current Interest Coverage of 57.74 is 267.5% 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 Mercator Medical and its competitors. For the Medical Devices & Instruments industry, the median Interest Coverage is 15.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercator Medical's current Interest Coverage is 57.74, which is 650% above median its own 10-year median of 7.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercator Medical stock overvalued right now?
Based on GuruFocus' analysis, Mercator Medical (FRA:MM2) is currently considered Fairly Valued. The stock's GF Value™ is €11.71, compared to a current price of €11.20 — trading 4.4% below its estimated fair value. The current Interest Coverage is 57.74, which is 650% above median its 10-year median of 7.70 and 267.5% above the Medical Devices & Instruments industry median of 15.71. Mercator Medical's overall GF Score™ is 60/100 with 2 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 Mercator Medical (FRA:MM2), the current Interest Coverage is 57.74 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 Mercator Medical (FRA:MM2) Overvalued in 2026?
Based on GuruFocus' analysis, Mercator Medical stock appears to be undervalued.
The current stock price of €11.20 is trading 4.4% below its estimated GF Value™ of €11.71.
GuruFocus considers Mercator Medical to be Fairly Valued.
Key valuation signals for FRA:MM2:
Interest Coverage: 57.74 (650% above median its 10-year median of 7.70)
GF Value™: €11.71 vs. price of €11.20 (4.4% below fair value)
Industry Position: 267.5% above the Medical Devices & Instruments median (#999999 of 468)
No single metric tells the full story. See the FRA:MM2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mercator Medical SA produces and sells medical gloves and distributor of medical disposables. The company's products - mainly gloves, dressings, disposable clothing and surgical drapes. It operates in Europe and Russia.
60GF Score
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