Modern Dental Group (HKSE:03600) Interest Coverage: 32.63 (As of Dec. 2025) — 217% Above Median

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HKSE:03600 Modern Dental Group Ltd HKSE:03600
85 GF Score
Price HK$7.86
GF Value HK$5.03
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Modern Dental Group Interest Coverage?

Modern Dental Group HKSE:03600 +4.11% 85 Interest Coverage is 32.63 as of Dec. 2025, which is 217% above its 10-year median of 10.28. GuruFocus rates HKSE:03600 with a GF Score™ of 85/100 and a GF Value™ of HK$5.03 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 464 Medical Devices & Instruments companies, Modern Dental Group ranks better than 55.6% 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. Modern Dental Group's Operating Income for the six months ended in Dec. 2025 was HK$397 Mil. Modern Dental Group's Interest Expense for the six months ended in Dec. 2025 was HK$-12 Mil. Modern Dental Group's interest coverage for the quarter that ended in Dec. 2025 was 32.63. The higher the ratio, the stronger the company's financial strength is.

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

HKSE:03600' s Interest Coverage Range Over the Past 10 Years
Min: 3.23   Med: 10.28   Max: 23.87
Current: 22.01


HKSE:03600's Interest Coverage is ranked better than
55.6% of 464 companies
in the Medical Devices & Instruments industry
Industry Median: 16.08 vs HKSE:03600: 22.01

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


Modern Dental Group  (HKSE:03600) 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 .


Modern Dental Group Interest Coverage Related Terms


Modern Dental Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for Modern Dental Group'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.

Modern Dental Group Interest Coverage Chart

Modern Dental Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.87 12.70 13.24 10.86 22.01

Modern Dental Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.33 11.72 10.02 16.07 32.63

HKSE:03600 vs ISRG, BDX, MDLN: Interest Coverage Comparison

For the Medical Instruments & Supplies subindustry, Modern Dental Group'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.


Modern Dental Group Interest Coverage vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Modern Dental Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Modern Dental Group's Interest Coverage falls into.


HKSE:03600
85GF Score
Modern Dental Group Ltd HKSE:03600
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Modern Dental Group 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.

Modern Dental Group'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, Modern Dental Group's Interest Expense was HK$-34 Mil. Its Operating Income was HK$748 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$536 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*747.515/-33.965
=22.01

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

Here, for the six months ended in Dec. 2025, Modern Dental Group's Interest Expense was HK$-12 Mil. Its Operating Income was HK$397 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$536 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*397.356/-12.177
=32.63

* 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 32.63 mean?
Modern Dental Group (HKSE:03600) has a Interest Coverage of 32.63 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Modern Dental Group and its competitors. This is 217% above median its historical median of 10.28. Over the past decade, Modern Dental Group's Interest Coverage has ranged from 3.23 to 23.87. According to the industry distribution chart, Modern Dental Group ranks #206 out of 464 companies in the Medical Devices & Instruments industry, placing it in the top 44.4%.
Is Modern Dental Group's Interest Coverage too high?
Modern Dental Group's current Interest Coverage of 32.63 is 217% above median its 10-year median of 10.28. Over the past 10 years, this metric has ranged from a low of 3.23 to a high of 23.87. The Medical Devices & Instruments industry median Interest Coverage is 16.08. Modern Dental Group's value of 32.63 is 102.9% above this industry median. Based on the distribution chart, Modern Dental Group ranks #206 out of 464 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Modern Dental Group has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Modern Dental Group's Interest Coverage compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Modern Dental Group ranks #206 out of 464 companies for Interest Coverage. This puts Modern Dental Group in the upper half of its industry. The industry median Interest Coverage is 16.08. Modern Dental Group's value of 32.63 is 102.9% above this benchmark. Historically, Modern Dental Group's own Interest Coverage has ranged from 3.23 to 23.87 over the past decade. While the company's 10-year median is 10.28 vs. the industry median of 16.08, Modern Dental Group 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 Medical Devices & Instruments company?
The median Interest Coverage among Medical Devices & Instruments companies is 16.08, based on 464 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. Modern Dental Group's current Interest Coverage of 32.63 is 102.9% 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 Modern Dental Group and its competitors. For the Medical Devices & Instruments industry, the median Interest Coverage is 16.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modern Dental Group's current Interest Coverage is 32.63, which is 217% above median its own 10-year median of 10.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Dental Group stock overvalued right now?
Based on GuruFocus' analysis, Modern Dental Group (HKSE:03600) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$5.03, compared to a current price of HK$7.86 — trading 56.3% above its estimated fair value. The current Interest Coverage is 32.63, which is 217% above median its 10-year median of 10.28 and 102.9% above the Medical Devices & Instruments industry median of 16.08. Modern Dental Group's overall GF Score™ is 85/100 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 Modern Dental Group (HKSE:03600), the current Interest Coverage is 32.63 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 Modern Dental Group (HKSE:03600) Overvalued in 2026?

Based on GuruFocus' analysis, Modern Dental Group stock appears to be overvalued. The current stock price of HK$7.86 is trading 56.3% above its estimated GF Value™ of HK$5.03. GuruFocus considers Modern Dental Group to be Significantly Overvalued.

Key valuation signals for HKSE:03600:

  • Interest Coverage: 32.63 (217% above median its 10-year median of 10.28)
  • GF Value™: HK$5.03 vs. price of HK$7.86 (56.3% above fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 102.9% above the Medical Devices & Instruments median (#206 of 464)

No single metric tells the full story. See the HKSE:03600 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Modern Dental Group Business Description

Other Exchanges 1MD:Germany
Address 77 Wing Hong Street, Room 01-07, 09-16, 17th Floor, CEO Tower, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Modern Dental Group Ltd, along with its subsidiaries, is engaged in providing dental prosthetic devices. Its product portfolio is categorized into three segments: the Fixed prosthetic devices segment is a supplier of restorative dental procedures, such as crowns, bridge and implants; the Removable prosthetic devices segment produces full dentures and partial dentures; and Other devices such as orthodontic devices, sport guards and anti-snoring devices, raw materials, dental equipment (including intra-oral scanners), the service of educational events and seminars rendered. It generates the majority of its revenue from the sale of Fixed prosthetic devices. Its geographical segments are Europe, which derives key revenue, North America, Australia, Greater China, and other countries.
85GF Score

Get the complete analysis for HKSE:03600

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

HK$7.86
Price
HK$5.03
GF Value