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MexanHKSE:00022 +4.55%54 Interest Coverage is 21.38 as of Sep. 2025, which is 27% below its 10-year median of 29.48. GuruFocus rates HKSE:00022 with a GF Score™ of 54/100 and a GF Value™ of HK$4.04 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 308 Building Materials companies, Mexan ranks worse than 324675% 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. Mexan's
Operating Income
for the
six
months ended in Sep. 2025 was HK$0.34 Mil. Mexan's Interest Expense for the
six
months ended in Sep. 2025 was HK$-0.02 Mil.
Mexan's interest coverage for the quarter that ended in Sep. 2025 was 21.38.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Mexan's Interest Coverage or its related term are showing as below:
HKSE:00022's Interest Coverage is not ranked *
in the Building Materials industry.
Industry Median: 6.58 * Ranked among companies with meaningful Interest Coverage only.
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 .
Mexan Interest Coverage Related Terms
Mexan Interest Coverage Historical Data
* Premium members only.
The historical data trend for Mexan'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.
HKSE:00022 vs CRH, VMC, MLM: Interest Coverage Comparison
For the Building Materials subindustry, Mexan'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.
Mexan Interest Coverage vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Mexan's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Mexan'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.
Mexan (HKSE:00022) has a Interest Coverage of 21.38 as of Sep. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mexan and its competitors. This is 27% below median its historical median of 29.48. According to the industry distribution chart, Mexan ranks #999999 out of 308 companies in the Building Materials industry.
Is Mexan's Interest Coverage too high?
Mexan's current Interest Coverage of 21.38 is 27% below median its 10-year median of 29.48. The Building Materials industry median Interest Coverage is 6.58. Mexan's value of 21.38 is 224.9% above this industry median. Based on the distribution chart, Mexan ranks #999999 out of 308 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Mexan has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mexan's Interest Coverage compare to CRH and VMC?
According to the Building Materials industry distribution chart, Mexan ranks #999999 out of 308 companies for Interest Coverage. This places Mexan in the lower half of its industry. The industry median Interest Coverage is 6.58. Mexan's value of 21.38 is 224.9% above this benchmark. While the company's 10-year median is 29.48 vs. the industry median of 6.58, Mexan 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 Building Materials company?
The median Interest Coverage among Building Materials companies is 6.58, based on 308 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. Mexan's current Interest Coverage of 21.38 is 224.9% 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 Mexan and its competitors. For the Building Materials industry, the median Interest Coverage is 6.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mexan's current Interest Coverage is 21.38, which is 27% below median its own 10-year median of 29.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mexan stock overvalued right now?
Based on GuruFocus' analysis, Mexan (HKSE:00022) is currently considered Possible Value Trap. The stock's GF Value™ is HK$4.04, compared to a current price of HK$1.84 — trading 54.5% below its estimated fair value. The current Interest Coverage is 21.38, which is 27% below median its 10-year median of 29.48 and 224.9% above the Building Materials industry median of 6.58. Mexan's overall GF Score™ is 54/100 with 8 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 Mexan (HKSE:00022), the current Interest Coverage is 21.38 as of Sep. 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 Mexan (HKSE:00022) Overvalued in 2026?
Based on GuruFocus' analysis, Mexan stock appears to be undervalued.
The current stock price of HK$1.84 is trading 54.5% below its estimated GF Value™ of HK$4.04.
GuruFocus considers Mexan to be Possible Value Trap.
Key valuation signals for HKSE:00022:
Interest Coverage: 21.38 (27% below median its 10-year median of 29.48)
GF Value™: HK$4.04 vs. price of HK$1.84 (54.5% below fair value)
Industry Position: 224.9% above the Building Materials median (#999999 of 308)
No single metric tells the full story. See the HKSE:00022 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mexan Ltd is a Hong Kong-based company. It is involved in the lodging business sector. The principal activities of the group include property investment, hotel operation, and investment holding. The company has reportable segment such: Trading of building materials and fit-out construction service, including supply of furniture and building materials and provisions of the design and fit-out construction service. Geographically the company operates in Hong Kong and Macau.
54GF Score
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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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