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Progressive Path Group HoldingsHKSE:01581 54 Interest Coverage is 2.11 as of Mar. 2026, which is 5% above its 10-year median of 2.01. GuruFocus rates HKSE:01581 with a GF Score™ of 54/100 and a GF Value™ of HK$0.18 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 812 Business Services companies, Progressive Path Group Holdings ranks worse than 86.45% 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. Progressive Path Group Holdings's
Operating Income
for the
six
months ended in Mar. 2026 was HK$6.4 Mil. Progressive Path Group Holdings's Interest Expense for the
six
months ended in Mar. 2026 was HK$-3.1 Mil.
Progressive Path Group Holdings's interest coverage for the quarter that ended in Mar. 2026 was 2.11.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Progressive Path Group Holdings's Interest Coverage or its related term are showing as below:
HKSE:01581'
s Interest Coverage Range Over the Past 10 Years
Min: 0.79 Med: 2.01 Max: 5.11
Current: 1.88
HKSE:01581's Interest Coverage is ranked worse than 86.45% of 812
companies
in the Business Services industry
Industry Median: 13.07
vs HKSE:01581: 1.88
Progressive Path Group Holdings (HKSE:01581) 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 .
Progressive Path Group Holdings Interest Coverage Related Terms
Progressive Path Group Holdings Interest Coverage Historical Data
* 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.
Progressive Path Group Holdings Interest Coverage Chart
HKSE:01581 vs URI, SUNB, AER: Interest Coverage Comparison
For the Rental & Leasing Services subindustry, Progressive Path Group Holdings'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.
Progressive Path Group Holdings Interest Coverage vs Business Services Industry
For the Business Services industry and Industrials sector, Progressive Path Group Holdings's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Progressive Path Group Holdings's Interest Coverage falls into.
Progressive Path Group Holdings 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:
* 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.
Progressive Path Group Holdings (HKSE:01581) has a Interest Coverage of 2.11 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Progressive Path Group Holdings and its competitors. This is near median its historical median of 2.01. Over the past decade, Progressive Path Group Holdings' Interest Coverage has ranged from 0.79 to 5.11. According to the industry distribution chart, Progressive Path Group Holdings ranks #702 out of 812 companies in the Business Services industry, placing it in the top 86.5%.
Is Progressive Path Group Holdings' Interest Coverage too high?
Progressive Path Group Holdings' current Interest Coverage of 2.11 is near median its 10-year median of 2.01. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 5.11. The Business Services industry median Interest Coverage is 13.07. Progressive Path Group Holdings' value of 2.11 is 83.9% below this industry median. Based on the distribution chart, Progressive Path Group Holdings ranks #702 out of 812 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Progressive Path Group Holdings has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Progressive Path Group Holdings' Interest Coverage compare to URI and SUNB?
According to the Business Services industry distribution chart, Progressive Path Group Holdings ranks #702 out of 812 companies for Interest Coverage. This places Progressive Path Group Holdings in the lower half of its industry. The industry median Interest Coverage is 13.07. Progressive Path Group Holdings' value of 2.11 is 83.9% below this benchmark. Historically, Progressive Path Group Holdings' own Interest Coverage has ranged from 0.79 to 5.11 over the past decade. While the company's 10-year median is 2.01 vs. the industry median of 13.07, Progressive Path Group Holdings 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 Business Services company?
The median Interest Coverage among Business Services companies is 13.07, based on 812 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. Progressive Path Group Holdings's current Interest Coverage of 2.11 is 83.9% 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 Progressive Path Group Holdings and its competitors. For the Business Services industry, the median Interest Coverage is 13.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progressive Path Group Holdings's current Interest Coverage is 2.11, which is near median its own 10-year median of 2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progressive Path Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Progressive Path Group Holdings (HKSE:01581) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.18, compared to a current price of HK$0.33 — trading 83.3% above its estimated fair value. The current Interest Coverage is 2.11, which is near median its 10-year median of 2.01 and 83.9% below the Business Services industry median of 13.07. Progressive Path Group Holdings' overall GF Score™ is 54/100 with 3 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 Progressive Path Group Holdings (HKSE:01581), the current Interest Coverage is 2.11 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 Progressive Path Group Holdings (HKSE:01581) Overvalued in 2026?
Based on GuruFocus' analysis, Progressive Path Group Holdings stock appears to be overvalued.
The current stock price of HK$0.33 is trading 83.3% above its estimated GF Value™ of HK$0.18.
GuruFocus considers Progressive Path Group Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:01581:
Interest Coverage: 2.11 (near median its 10-year median of 2.01)
GF Value™: HK$0.18 vs. price of HK$0.33 (83.3% above fair value)
Industry Position: 83.9% below the Business Services median (#702 of 812)
No single metric tells the full story. See the HKSE:01581 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Progressive Path Group Holdings Ltd is engaged in construction engineering work and the provision of construction machinery rental services in Hong Kong. Its construction machinery rental services represent the rental of construction machines and construction vehicles to customers, and the provision of machine operators and transportation services as part of its one-stop construction machinery rental services. Its construction works represent the construction projects undertaken, the nature of which are broadly classified as foundation and site formation works, and builder's work and general building works. Its segments are Construction works and Construction Machinery Rental. Majority of the revenue is derived from the Construction works segment.
54GF Score
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