Johnson MattheyJMPLF 64 Interest Coverage is 2.39 as of Mar. 2026, which is 42% below its 10-year median of 4.10. GuruFocus rates JMPLF with a GF Score™ of 64/100 and a GF Value™ of $18.40 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,237 Chemicals companies, Johnson Matthey ranks worse than 85.21% 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. Johnson Matthey's
Operating Income
for the
six
months ended in Mar. 2026 was $264 Mil. Johnson Matthey's Interest Expense for the
six
months ended in Mar. 2026 was $-111 Mil.
Johnson Matthey's interest coverage for the quarter that ended in Mar. 2026 was 2.39.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Johnson Matthey's Interest Coverage or its related term are showing as below:
JMPLF'
s Interest Coverage Range Over the Past 10 Years
Min: 2.06 Med: 4.1 Max: 15.9
Current: 2.06
JMPLF's Interest Coverage is ranked worse than 85.21% of 1237
companies
in the Chemicals industry
Industry Median: 10.26
vs JMPLF: 2.06
Johnson Matthey (OTCPK:JMPLF) 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 .
Johnson Matthey Interest Coverage Related Terms
Johnson Matthey Interest Coverage Historical Data
* Premium members only.
The historical data trend for Johnson Matthey'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.
JMPLF vs LIN, SHW, ECL: Interest Coverage Comparison
For the Specialty Chemicals subindustry, Johnson Matthey'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.
Johnson Matthey Interest Coverage vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Johnson Matthey's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Johnson Matthey'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.
Johnson Matthey (JMPLF) has a Interest Coverage of 2.39 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Johnson Matthey and its competitors. This is 42% below median its historical median of 4.10. Over the past decade, Johnson Matthey's Interest Coverage has ranged from 2.06 to 15.90. According to the industry distribution chart, Johnson Matthey ranks #1054 out of 1237 companies in the Chemicals industry, placing it in the top 85.2%.
Is Johnson Matthey's Interest Coverage too high?
Johnson Matthey's current Interest Coverage of 2.39 is 42% below median its 10-year median of 4.10. Over the past 10 years, this metric has ranged from a low of 2.06 to a high of 15.90. The Chemicals industry median Interest Coverage is 10.26. Johnson Matthey's value of 2.39 is 76.7% below this industry median. Based on the distribution chart, Johnson Matthey ranks #1054 out of 1237 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Johnson Matthey has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Johnson Matthey's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Johnson Matthey ranks #1054 out of 1237 companies for Interest Coverage. This places Johnson Matthey in the lower half of its industry. The industry median Interest Coverage is 10.26. Johnson Matthey's value of 2.39 is 76.7% below this benchmark. Historically, Johnson Matthey's own Interest Coverage has ranged from 2.06 to 15.90 over the past decade. While the company's 10-year median is 4.10 vs. the industry median of 10.26, Johnson Matthey 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. Johnson Matthey's current Interest Coverage of 2.39 is 76.7% 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 Johnson Matthey 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. Johnson Matthey's current Interest Coverage is 2.39, which is 42% below median its own 10-year median of 4.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Johnson Matthey stock overvalued right now?
Based on GuruFocus' analysis, Johnson Matthey (JMPLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $18.40, compared to a current price of $28.61 — trading 55.5% above its estimated fair value. The current Interest Coverage is 2.39, which is 42% below median its 10-year median of 4.10 and 76.7% below the Chemicals industry median of 10.26. Johnson Matthey's overall GF Score™ is 64/100 with 7 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 Johnson Matthey (JMPLF), the current Interest Coverage is 2.39 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 Johnson Matthey (JMPLF) Overvalued in 2026?
Based on GuruFocus' analysis, Johnson Matthey stock appears to be overvalued.
The current stock price of $28.61 is trading 55.5% above its estimated GF Value™ of $18.40.
GuruFocus considers Johnson Matthey to be Significantly Overvalued.
Key valuation signals for JMPLF:
Interest Coverage: 2.39 (42% below median its 10-year median of 4.10)
GF Value™: $18.40 vs. price of $28.61 (55.5% above fair value)
Industry Position: 76.7% below the Chemicals median (#1054 of 1237)
No single metric tells the full story. See the JMPLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Johnson Matthey PLC is a platinum group metals (PGMs) company. It uses metal chemistry, catalysis, and process engineering and provides technology and expertise to energy, chemicals, and automotive companies to decarbonise, reduce harmful emissions, and improve sustainability. Its segments include Clean Air, PGM Services, Catalyst Technologies, Hydrogen Technologies and Value Businesses. The company generates maximum revenue from the PGM Services segment, which enables the energy transition through providing circular solutions as demand for scarce critical materials increases, provides a strategic service to the group supporting the other segments with security of metal supply, and manufactures value-added PGM products. The company derives key revenue from the United Kingdom.
64GF Score
Get the complete analysis for JMPLF
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