Tata Steel Thailand PCLFRA:MVX 52 Interest Coverage is 22.61 as of Mar. 2026, which is 67% above its 10-year median of 13.55. GuruFocus rates FRA:MVX with a GF Score™ of 52/100 and a GF Value™ of €0.02 (Fairly Valued). The stock has 5 warning signs investors should review. Among 459 Steel companies, Tata Steel Thailand PCL ranks better than 87.8% 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. Tata Steel Thailand PCL's
Operating Income
for the
three
months ended in Mar. 2026 was €4.4 Mil. Tata Steel Thailand PCL's Interest Expense for the
three
months ended in Mar. 2026 was €-0.2 Mil.
Tata Steel Thailand PCL's interest coverage for the quarter that ended in Mar. 2026 was 22.61.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Tata Steel Thailand PCL has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Tata Steel Thailand PCL's Interest Coverage or its related term are showing as below:
FRA:MVX'
s Interest Coverage Range Over the Past 10 Years
Min: 1.03 Med: 13.55 Max: 76.99
Current: 76.99
FRA:MVX's Interest Coverage is ranked better than 87.8% of 459
companies
in the Steel industry
Industry Median: 4.48
vs FRA:MVX: 76.99
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 .
Tata Steel Thailand PCL Interest Coverage Related Terms
Tata Steel Thailand PCL Interest Coverage Historical Data
* Premium members only.
The historical data trend for Tata Steel Thailand PCL'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:MVX vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, Tata Steel Thailand PCL'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.
Tata Steel Thailand PCL Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, Tata Steel Thailand PCL's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Tata Steel Thailand PCL'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.
Tata Steel Thailand PCL (FRA:MVX) has a Interest Coverage of 22.61 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Tata Steel Thailand PCL and its competitors. This is 67% above median its historical median of 13.55. Over the past decade, Tata Steel Thailand PCL's Interest Coverage has ranged from 1.03 to 76.99. According to the industry distribution chart, Tata Steel Thailand PCL ranks #56 out of 459 companies in the Steel industry, placing it in the top 12.2%.
Is Tata Steel Thailand PCL's Interest Coverage too high?
Tata Steel Thailand PCL's current Interest Coverage of 22.61 is 67% above median its 10-year median of 13.55. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 76.99. The Steel industry median Interest Coverage is 4.48. Tata Steel Thailand PCL's value of 22.61 is 404.7% above this industry median. Based on the distribution chart, Tata Steel Thailand PCL ranks #56 out of 459 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Tata Steel Thailand PCL has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tata Steel Thailand PCL's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Tata Steel Thailand PCL ranks #56 out of 459 companies for Interest Coverage. This places Tata Steel Thailand PCL in the top 12% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.48. Tata Steel Thailand PCL's value of 22.61 is 404.7% above this benchmark. Historically, Tata Steel Thailand PCL's own Interest Coverage has ranged from 1.03 to 76.99 over the past decade. While the company's 10-year median is 13.55 vs. the industry median of 4.48, Tata Steel Thailand PCL 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 Steel company?
The median Interest Coverage among Steel companies is 4.48, based on 459 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. Tata Steel Thailand PCL's current Interest Coverage of 22.61 is 404.7% 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 Tata Steel Thailand PCL and its competitors. For the Steel industry, the median Interest Coverage is 4.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tata Steel Thailand PCL's current Interest Coverage is 22.61, which is 67% above median its own 10-year median of 13.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tata Steel Thailand PCL stock overvalued right now?
Based on GuruFocus' analysis, Tata Steel Thailand PCL (FRA:MVX) is currently considered Fairly Valued. The stock's GF Value™ is €0.02, compared to a current price of €0.02 — trading 7.5% above its estimated fair value. The current Interest Coverage is 22.61, which is 67% above median its 10-year median of 13.55 and 404.7% above the Steel industry median of 4.48. Tata Steel Thailand PCL's overall GF Score™ is 52/100 with 5 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 Tata Steel Thailand PCL (FRA:MVX), the current Interest Coverage is 22.61 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 Tata Steel Thailand PCL (FRA:MVX) Overvalued in 2026?
Based on GuruFocus' analysis, Tata Steel Thailand PCL stock appears to be overvalued.
The current stock price of €0.02 is trading 7.5% above its estimated GF Value™ of €0.02.
GuruFocus considers Tata Steel Thailand PCL to be Fairly Valued.
Key valuation signals for FRA:MVX:
Interest Coverage: 22.61 (67% above median its 10-year median of 13.55)
GF Value™: €0.02 vs. price of €0.02 (7.5% above fair value)
Industry Position: 404.7% above the Steel median (#56 of 459)
No single metric tells the full story. See the FRA:MVX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tata Steel Thailand PCL is a Thailand-based holding company that is engaged in investing in other companies and providing management services. The company is engaged in manufacturing, rendering manufacturing services, distributing, and trading of steel bars, wire rods, and small-section products through its subsidiaries. The company operates in a single segment, being the Manufacturing and distribution of long steel products. Its product line includes rebar, deformed bar, round bar, cut and bend bars, wire rods, including high carbon wire rods and low carbon, special wire rods, and others.
52GF Score
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