Shelly Group SE (FRA:SLYG) Interest Coverage: 98.77 (As of Mar. 2026) — Near Median


FRA:SLYG Shelly Group SE FRA:SLYG
93 GF Score
Price €59.10
GF Value €66.50
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Shelly Group SE Interest Coverage?

Shelly Group SE FRA:SLYG +0.17% 93 Interest Coverage is 98.77 as of Mar. 2026, which is 4% below its 10-year median of 102.95. GuruFocus rates FRA:SLYG with a GF Score™ of 93/100 and a GF Value™ of €66.50 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 426 Conglomerates companies, Shelly Group SE ranks better than 90.61% 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. Shelly Group SE's Operating Income for the three months ended in Mar. 2026 was €8.7 Mil. Shelly Group SE's Interest Expense for the three months ended in Mar. 2026 was €-0.1 Mil. Shelly Group SE's interest coverage for the quarter that ended in Mar. 2026 was 98.77. 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. Shelly Group SE has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Shelly Group SE's Interest Coverage or its related term are showing as below:

FRA:SLYG' s Interest Coverage Range Over the Past 10 Years
Min: 19.18   Med: 102.95   Max: 437.29
Current: 89.1


FRA:SLYG's Interest Coverage is ranked better than
90.61% of 426 companies
in the Conglomerates industry
Industry Median: 5.31 vs FRA:SLYG: 89.10

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Shelly Group SE  (FRA:SLYG) 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 .


Shelly Group SE Interest Coverage Related Terms


Shelly Group SE Interest Coverage Historical Data

* Premium members only.

The historical data trend for Shelly Group SE'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.

Shelly Group SE Interest Coverage Chart

Shelly Group SE Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 188.18 181.19 437.29 238.59 94.33

Shelly Group SE Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 144.94 131.08 155.64 54.05 98.77

FRA:SLYG vs HON, MMM: Interest Coverage Comparison

For the Conglomerates subindustry, Shelly Group SE'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.


Shelly Group SE Interest Coverage vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Shelly Group SE's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Shelly Group SE's Interest Coverage falls into.


FRA:SLYG
93GF Score
Shelly Group SE FRA:SLYG
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shelly Group SE Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Shelly Group SE's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Shelly Group SE's Interest Expense was €-0.4 Mil. Its Operating Income was €34.0 Mil. And its Long-Term Debt & Capital Lease Obligation was €4.7 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*33.959/-0.36
=94.33

Shelly Group SE's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Shelly Group SE's Interest Expense was €-0.1 Mil. Its Operating Income was €8.7 Mil. And its Long-Term Debt & Capital Lease Obligation was €4.7 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*8.692/-0.088
=98.77

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 98.77 mean?
Shelly Group SE (FRA:SLYG) has a Interest Coverage of 98.77 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shelly Group SE and its competitors. This is near median its historical median of 102.95. Over the past decade, Shelly Group SE's Interest Coverage has ranged from 19.18 to 437.29. According to the industry distribution chart, Shelly Group SE ranks #40 out of 426 companies in the Conglomerates industry, placing it in the top 9.4%.
Is Shelly Group SE's Interest Coverage too high?
Shelly Group SE's current Interest Coverage of 98.77 is near median its 10-year median of 102.95. Over the past 10 years, this metric has ranged from a low of 19.18 to a high of 437.29. The Conglomerates industry median Interest Coverage is 5.31. Shelly Group SE's value of 98.77 is 1760.1% above this industry median. Based on the distribution chart, Shelly Group SE ranks #40 out of 426 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Shelly Group SE has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shelly Group SE's Interest Coverage compare to HON and MMM?
According to the Conglomerates industry distribution chart, Shelly Group SE ranks #40 out of 426 companies for Interest Coverage. This places Shelly Group SE in the top 9% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.31. Shelly Group SE's value of 98.77 is 1760.1% above this benchmark. Historically, Shelly Group SE's own Interest Coverage has ranged from 19.18 to 437.29 over the past decade. While the company's 10-year median is 102.95 vs. the industry median of 5.31, Shelly Group SE 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 Conglomerates company?
The median Interest Coverage among Conglomerates companies is 5.31, based on 426 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. Shelly Group SE's current Interest Coverage of 98.77 is 1760.1% 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 Shelly Group SE and its competitors. For the Conglomerates industry, the median Interest Coverage is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shelly Group SE's current Interest Coverage is 98.77, which is near median its own 10-year median of 102.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shelly Group SE stock overvalued right now?
Based on GuruFocus' analysis, Shelly Group SE (FRA:SLYG) is currently considered Modestly Undervalued. The stock's GF Value™ is €66.50, compared to a current price of €59.10 — trading 11.1% below its estimated fair value. The current Interest Coverage is 98.77, which is near median its 10-year median of 102.95 and 1760.1% above the Conglomerates industry median of 5.31. Shelly Group SE's overall GF Score™ is 93/100 with 4 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 Shelly Group SE (FRA:SLYG), the current Interest Coverage is 98.77 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 Shelly Group SE (FRA:SLYG) Overvalued in 2026?

Based on GuruFocus' analysis, Shelly Group SE stock appears to be undervalued. The current stock price of €59.10 is trading 11.1% below its estimated GF Value™ of €66.50. GuruFocus considers Shelly Group SE to be Modestly Undervalued.

Key valuation signals for FRA:SLYG:

  • Interest Coverage: 98.77 (near median its 10-year median of 102.95)
  • GF Value™: €66.50 vs. price of €59.10 (11.1% below fair value)
  • GF Score™: 93/100 with 4 warning signs
  • Industry Position: 1760.1% above the Conglomerates median (#40 of 426)

No single metric tells the full story. See the FRA:SLYG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shelly Group SE Business Description

Address 51 Cherni Vrah Boulevard, Building 3, floor 2 and 3, Capital Municipality, Lozenets Region, Sofia, BGR, 1407
Shelly Group SE is engaged in the acquisition, management, evaluation, and sale of participations in Bulgarian & foreign companies; acquisition, management, and sale of bonds; acquisition, evaluation, sale, and patents. The company delivers innovation through designing, producing, and distributing high-quality IoT products. The group manages the business with electronic devices as one operating segment. It derives the majority of its revenue from the sale of smart devices.
93GF Score

Get the complete analysis for FRA:SLYG

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€59.10
Price
€66.50
GF Value