Solid StateFRA:OUY +6.42%64 Interest Coverage is 4.06 as of Mar. 2026, which is 81% below its 10-year median of 21.64. GuruFocus rates FRA:OUY with a GF Score™ of 64/100 and a GF Value™ of €2.86 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,672 Hardware companies, Solid State ranks worse than 72.01% 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. Solid State's
Operating Income
for the
six
months ended in Mar. 2026 was €2.8 Mil. Solid State's Interest Expense for the
six
months ended in Mar. 2026 was €-0.7 Mil.
Solid State's interest coverage for the quarter that ended in Mar. 2026 was 4.06.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Solid State's Interest Coverage or its related term are showing as below:
FRA:OUY'
s Interest Coverage Range Over the Past 10 Years
Min: 1.15 Med: 21.64 Max: 76.18
Current: 5.45
FRA:OUY's Interest Coverage is ranked worse than 72.01% of 1672
companies
in the Hardware industry
Industry Median: 13.73
vs FRA:OUY: 5.45
Solid State (FRA:OUY) 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 .
Solid State Interest Coverage Related Terms
Solid State Interest Coverage Historical Data
* Premium members only.
The historical data trend for Solid State'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:OUY vs APH, GLW, TEL: Interest Coverage Comparison
For the Electronic Components subindustry, Solid State'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.
Solid State Interest Coverage vs Hardware Industry
For the Hardware industry and Technology sector, Solid State's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Solid State'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.
Solid State (FRA:OUY) has a Interest Coverage of 4.06 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Solid State and its competitors. This is 81% below median its historical median of 21.64. Over the past decade, Solid State's Interest Coverage has ranged from 1.15 to 76.18. According to the industry distribution chart, Solid State ranks #1204 out of 1672 companies in the Hardware industry, placing it in the top 72%.
Is Solid State's Interest Coverage too high?
Solid State's current Interest Coverage of 4.06 is 81% below median its 10-year median of 21.64. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 76.18. The Hardware industry median Interest Coverage is 13.73. Solid State's value of 4.06 is 70.4% below this industry median. Based on the distribution chart, Solid State ranks #1204 out of 1672 companies in the Hardware industry, which is below the industry midpoint. Overall, Solid State has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Solid State's Interest Coverage compare to APH and GLW?
According to the Hardware industry distribution chart, Solid State ranks #1204 out of 1672 companies for Interest Coverage. This places Solid State in the lower half of its industry. The industry median Interest Coverage is 13.73. Solid State's value of 4.06 is 70.4% below this benchmark. Historically, Solid State's own Interest Coverage has ranged from 1.15 to 76.18 over the past decade. While the company's 10-year median is 21.64 vs. the industry median of 13.73, Solid State 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 Hardware company?
The median Interest Coverage among Hardware companies is 13.73, based on 1,672 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. Solid State's current Interest Coverage of 4.06 is 70.4% 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 Solid State and its competitors. For the Hardware industry, the median Interest Coverage is 13.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solid State's current Interest Coverage is 4.06, which is 81% below median its own 10-year median of 21.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solid State stock overvalued right now?
Based on GuruFocus' analysis, Solid State (FRA:OUY) is currently considered Modestly Undervalued. The stock's GF Value™ is €2.86, compared to a current price of €2.32 — trading 18.9% below its estimated fair value. The current Interest Coverage is 4.06, which is 81% below median its 10-year median of 21.64 and 70.4% below the Hardware industry median of 13.73. Solid State's overall GF Score™ is 64/100 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 Solid State (FRA:OUY), the current Interest Coverage is 4.06 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 Solid State (FRA:OUY) Overvalued in 2026?
Based on GuruFocus' analysis, Solid State stock appears to be undervalued.
The current stock price of €2.32 is trading 18.9% below its estimated GF Value™ of €2.86.
GuruFocus considers Solid State to be Modestly Undervalued.
Key valuation signals for FRA:OUY:
Interest Coverage: 4.06 (81% below median its 10-year median of 21.64)
GF Value™: €2.86 vs. price of €2.32 (18.9% below fair value)
Industry Position: 70.4% below the Hardware median (#1204 of 1672)
No single metric tells the full story. See the FRA:OUY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Solid State PLC is engaged in the manufacturing as well as distribution of electronic components and materials. The company's operating segment includes divisions, which are Components and Systems. Geographically, it derives the majority of its revenue from the United Kingdom and has a presence in the Rest of Europe, Asia, North America, and the Rest of the World. The company generates revenue from products such as Computing, Communications, Power and Optoelectronics, and electronic components and modules.
64GF Score
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