Clicks Group (JSE:CLS) Interest Coverage: 11.03 (As of Feb. 2026) — 30% Below Median


JSE:CLS Clicks Group Ltd JSE:CLS
85 GF Score
Price R221.00
GF Value R384.72
Valuation Significantly Undervalued
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What is Clicks Group Interest Coverage?

Clicks Group JSE:CLS -2.49% 85 Interest Coverage is 11.03 as of Feb. 2026, which is 30% below its 10-year median of 15.77. GuruFocus rates JSE:CLS with a GF Score™ of 85/100 and a GF Value™ of R384.72 (Significantly Undervalued). Among 452 Healthcare Providers & Services companies, Clicks Group ranks better than 59.51% 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. Clicks Group's Operating Income for the six months ended in Feb. 2026 was R2,288 Mil. Clicks Group's Interest Expense for the six months ended in Feb. 2026 was R-207 Mil. Clicks Group's interest coverage for the quarter that ended in Feb. 2026 was 11.03. The higher the ratio, the stronger the company's financial strength is.

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

JSE:CLS' s Interest Coverage Range Over the Past 10 Years
Min: 10.52   Med: 15.77   Max: 149.52
Current: 12.13


JSE:CLS's Interest Coverage is ranked better than
59.51% of 452 companies
in the Healthcare Providers & Services industry
Industry Median: 7.99 vs JSE:CLS: 12.13

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


Clicks Group  (JSE:CLS) 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 .


Clicks Group Interest Coverage Related Terms


Clicks Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for Clicks 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.

Clicks Group Interest Coverage Chart

Clicks Group Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.94 15.85 15.68 11.76 12.30

Clicks Group Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 15.22 8.81 11.24 13.31 11.03

Clicks Group Interest Coverage Competitor Comparison

For the Pharmaceutical Retailers subindustry, Clicks 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.


Clicks Group Interest Coverage vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Clicks Group's Interest Coverage distribution charts can be found below:

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


JSE:CLS
85GF Score
Clicks Group Ltd JSE:CLS
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Clicks 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.

Clicks Group's Interest Coverage for the fiscal year that ended in Aug. 2025 is calculated as

Here, for the fiscal year that ended in Aug. 2025, Clicks Group's Interest Expense was R-381 Mil. Its Operating Income was R4,680 Mil. And its Long-Term Debt & Capital Lease Obligation was R2,708 Mil.

Interest Coverage=-1* Operating Income (A: Aug. 2025 )/Interest Expense (A: Aug. 2025 )
=-1*4680.498/-380.675
=12.30

Clicks Group's Interest Coverage for the quarter that ended in Feb. 2026 is calculated as

Here, for the six months ended in Feb. 2026, Clicks Group's Interest Expense was R-207 Mil. Its Operating Income was R2,288 Mil. And its Long-Term Debt & Capital Lease Obligation was R2,989 Mil.

Interest Coverage=-1* Operating Income (Q: Feb. 2026 )/Interest Expense (Q: Feb. 2026 )
=-1*2287.729/-207.355
=11.03

* 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 11.03 mean?
Clicks Group (JSE:CLS) has a Interest Coverage of 11.03 as of Feb. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Clicks Group and its competitors. This is 30% below median its historical median of 15.77. Over the past decade, Clicks Group's Interest Coverage has ranged from 10.52 to 149.52. According to the industry distribution chart, Clicks Group ranks #183 out of 452 companies in the Healthcare Providers & Services industry, placing it in the top 40.5%.
Is Clicks Group's Interest Coverage too high?
Clicks Group's current Interest Coverage of 11.03 is 30% below median its 10-year median of 15.77. Over the past 10 years, this metric has ranged from a low of 10.52 to a high of 149.52. The Healthcare Providers & Services industry median Interest Coverage is 7.99. Clicks Group's value of 11.03 is 38% above this industry median. Based on the distribution chart, Clicks Group ranks #183 out of 452 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Clicks Group has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Clicks Group's Interest Coverage compare to competitors?
According to the Healthcare Providers & Services industry distribution chart, Clicks Group ranks #183 out of 452 companies for Interest Coverage. This puts Clicks Group in the upper half of its industry. The industry median Interest Coverage is 7.99. Clicks Group's value of 11.03 is 38% above this benchmark. Historically, Clicks Group's own Interest Coverage has ranged from 10.52 to 149.52 over the past decade. While the company's 10-year median is 15.77 vs. the industry median of 7.99, Clicks 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 Healthcare Providers & Services company?
The median Interest Coverage among Healthcare Providers & Services companies is 7.99, based on 452 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. Clicks Group's current Interest Coverage of 11.03 is 38% 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 Clicks Group and its competitors. For the Healthcare Providers & Services industry, the median Interest Coverage is 7.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clicks Group's current Interest Coverage is 11.03, which is 30% below median its own 10-year median of 15.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clicks Group stock overvalued right now?
Based on GuruFocus' analysis, Clicks Group (JSE:CLS) is currently considered Significantly Undervalued. The stock's GF Value™ is R384.72, compared to a current price of R221.00 — trading 42.6% below its estimated fair value. The current Interest Coverage is 11.03, which is 30% below median its 10-year median of 15.77 and 38% above the Healthcare Providers & Services industry median of 7.99. Clicks Group's overall GF Score™ is 85/100. 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 Clicks Group (JSE:CLS), the current Interest Coverage is 11.03 as of Feb. 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 Clicks Group (JSE:CLS) Overvalued in 2026?

Based on GuruFocus' analysis, Clicks Group stock appears to be undervalued. The current stock price of R221.00 is trading 42.6% below its estimated GF Value™ of R384.72. GuruFocus considers Clicks Group to be Significantly Undervalued.

Key valuation signals for JSE:CLS:

  • Interest Coverage: 11.03 (30% below median its 10-year median of 15.77)
  • GF Value™: R384.72 vs. price of R221.00 (42.6% below fair value)
  • GF Score™: 85/100
  • Industry Position: 38% above the Healthcare Providers & Services median (#183 of 452)

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


Clicks Group Business Description

Address Cnr Searle and Pontac Streets, PO Box 5142, Cape Town, ZAF, 8001
Clicks Group Ltd operates prominently in health, beauty, and wellness retail across southern Africa. The company predominantly operates a retail pharmacy chain in South Africa, with a limited number of operations in bordering countries. The company has a portfolio of retail franchise brands including The Body Shop, M-Kem, and Sorbet among others. The company's business segments include Retail and Distribution. The company generates revenue from in-store and online sales of health, beauty, and wellness items, plus wholesale pharmaceutical distribution. Geographically, the maximum revenue is generated from South Africa.
85GF Score

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

R221.00
Price
R384.72
GF Value