Azelis Group NV (HAM:2R7) Interest Coverage: 2.46 (As of Dec. 2025) — 32% Below Median


HAM:2R7 Azelis Group NV HAM:2R7
52 GF Score
Price €9.69
GF Value €18.35
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Azelis Group NV Interest Coverage?

Azelis Group NV HAM:2R7 -1.27% 52 Interest Coverage is 2.46 as of Dec. 2025, which is 32% below its 10-year median of 3.64. GuruFocus rates HAM:2R7 with a GF Score™ of 52/100 and a GF Value™ of €18.35 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,237 Chemicals companies, Azelis Group NV ranks worse than 76.07% 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. Azelis Group NV's Operating Income for the six months ended in Dec. 2025 was €122 Mil. Azelis Group NV's Interest Expense for the six months ended in Dec. 2025 was €-50 Mil. Azelis Group NV's interest coverage for the quarter that ended in Dec. 2025 was 2.46. The higher the ratio, the stronger the company's financial strength is.

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

HAM:2R7' s Interest Coverage Range Over the Past 10 Years
Min: 2.23   Med: 3.64   Max: 10.16
Current: 3.27


HAM:2R7's Interest Coverage is ranked worse than
76.07% of 1237 companies
in the Chemicals industry
Industry Median: 10.26 vs HAM:2R7: 3.27

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


Azelis Group NV  (HAM:2R7) 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 .


Azelis Group NV Interest Coverage Related Terms


Azelis Group NV Interest Coverage Historical Data

* Premium members only.

The historical data trend for Azelis Group NV'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.

Azelis Group NV Interest Coverage Chart

Azelis Group NV Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 4.16 10.16 3.97 3.64 3.27

Azelis Group NV Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.94 4.01 3.27 4.14 2.46

HAM:2R7 vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Azelis Group NV'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.


Azelis Group NV Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Azelis Group NV's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Azelis Group NV's Interest Coverage falls into.


HAM:2R7
52GF Score
Azelis Group NV HAM:2R7
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Azelis Group NV 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.

Azelis Group NV'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, Azelis Group NV's Interest Expense was €-96 Mil. Its Operating Income was €313 Mil. And its Long-Term Debt & Capital Lease Obligation was €1,737 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*313.322/-95.785
=3.27

Azelis Group NV's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Azelis Group NV's Interest Expense was €-50 Mil. Its Operating Income was €122 Mil. And its Long-Term Debt & Capital Lease Obligation was €1,737 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*122.401/-49.72
=2.46

* 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 2.46 mean?
Azelis Group NV (HAM:2R7) has a Interest Coverage of 2.46 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Azelis Group NV and its competitors. This is 32% below median its historical median of 3.64. Over the past decade, Azelis Group NV's Interest Coverage has ranged from 2.23 to 10.16. According to the industry distribution chart, Azelis Group NV ranks #941 out of 1237 companies in the Chemicals industry, placing it in the top 76.1%.
Is Azelis Group NV's Interest Coverage too high?
Azelis Group NV's current Interest Coverage of 2.46 is 32% below median its 10-year median of 3.64. Over the past 10 years, this metric has ranged from a low of 2.23 to a high of 10.16. The Chemicals industry median Interest Coverage is 10.26. Azelis Group NV's value of 2.46 is 76% below this industry median. Based on the distribution chart, Azelis Group NV ranks #941 out of 1237 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Azelis Group NV has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Azelis Group NV's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Azelis Group NV ranks #941 out of 1237 companies for Interest Coverage. This places Azelis Group NV in the lower half of its industry. The industry median Interest Coverage is 10.26. Azelis Group NV's value of 2.46 is 76% below this benchmark. Historically, Azelis Group NV's own Interest Coverage has ranged from 2.23 to 10.16 over the past decade. While the company's 10-year median is 3.64 vs. the industry median of 10.26, Azelis Group NV 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.26, based on 1,237 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. Azelis Group NV's current Interest Coverage of 2.46 is 76% 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 Azelis Group NV and its competitors. For the Chemicals industry, the median Interest Coverage is 10.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azelis Group NV's current Interest Coverage is 2.46, which is 32% below median its own 10-year median of 3.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azelis Group NV stock overvalued right now?
Based on GuruFocus' analysis, Azelis Group NV (HAM:2R7) is currently considered Significantly Undervalued. The stock's GF Value™ is €18.35, compared to a current price of €9.69 — trading 47.2% below its estimated fair value. The current Interest Coverage is 2.46, which is 32% below median its 10-year median of 3.64 and 76% below the Chemicals industry median of 10.26. Azelis Group NV's overall GF Score™ is 52/100 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 Azelis Group NV (HAM:2R7), the current Interest Coverage is 2.46 as of Dec. 2025. 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 Azelis Group NV (HAM:2R7) Overvalued in 2026?

Based on GuruFocus' analysis, Azelis Group NV stock appears to be undervalued. The current stock price of €9.69 is trading 47.2% below its estimated GF Value™ of €18.35. GuruFocus considers Azelis Group NV to be Significantly Undervalued.

Key valuation signals for HAM:2R7:

  • Interest Coverage: 2.46 (32% below median its 10-year median of 3.64)
  • GF Value™: €18.35 vs. price of €9.69 (47.2% below fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 76% below the Chemicals median (#941 of 1237)

No single metric tells the full story. See the HAM:2R7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Azelis Group NV Business Description

Address Posthofbrug 12, Box 6, Berchem, Antwerp, BEL, 2600
Azelis Group NV is an innovation service provider and distributor of speciality chemicals and food ingredients. The Group provides innovation services, multi-product formulations, technical and regulatory expertise, co-creation support, digital solutions, and supply chain services. It serves Food & Nutrition, Animal Nutrition, Personal Care, Home Care & Industrial Cleaning, Pharmaceuticals & Healthcare, Agriculture & Environmental Solutions, Flavours & Fragrances, and Nutraceuticals. The Group operates through four segments: EMEA, Americas, Asia Pacific, and Group holding & other, covering operating companies across Europe, the Middle East and Africa, the United States, Canada, Mexico and South America, Asia, and the Pacific region.
52GF Score

Get the complete analysis for HAM:2R7

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

€9.69
Price
€18.35
GF Value