Combined Motor HoldingsJSE:CMH -0.46%92 Interest Coverage is 2.84 as of Feb. 2026, which is 8% above its 10-year median of 2.63. GuruFocus rates JSE:CMH with a GF Score™ of 92/100 and a GF Value™ of R38.80 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,067 Vehicles & Parts companies, Combined Motor Holdings ranks worse than 77.51% 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. Combined Motor Holdings's
Operating Income
for the
six
months ended in Feb. 2026 was R408 Mil. Combined Motor Holdings's Interest Expense for the
six
months ended in Feb. 2026 was R-144 Mil.
Combined Motor Holdings's interest coverage for the quarter that ended in Feb. 2026 was 2.84.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Combined Motor Holdings's Interest Coverage or its related term are showing as below:
JSE:CMH'
s Interest Coverage Range Over the Past 10 Years
Min: 2.08 Med: 2.63 Max: 4.79
Current: 2.58
JSE:CMH's Interest Coverage is ranked worse than 77.51% of 1067
companies
in the Vehicles & Parts industry
Industry Median: 8.31
vs JSE:CMH: 2.58
Combined Motor Holdings (JSE:CMH) 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 .
Combined Motor Holdings Interest Coverage Related Terms
Combined Motor Holdings Interest Coverage Historical Data
* Premium members only.
The historical data trend for Combined Motor Holdings'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.
JSE:CMH vs CVNA, PAG, ALTB: Interest Coverage Comparison
For the Auto & Truck Dealerships subindustry, Combined Motor 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.
Combined Motor Holdings Interest Coverage vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Combined Motor Holdings's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Combined Motor Holdings's Interest Coverage falls into.
Combined Motor 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.
Combined Motor Holdings (JSE:CMH) has a Interest Coverage of 2.84 as of Feb. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Combined Motor Holdings and its competitors. This is near median its historical median of 2.63. Over the past decade, Combined Motor Holdings' Interest Coverage has ranged from 2.08 to 4.79. According to the industry distribution chart, Combined Motor Holdings ranks #827 out of 1067 companies in the Vehicles & Parts industry, placing it in the top 77.5%.
Is Combined Motor Holdings' Interest Coverage too high?
Combined Motor Holdings' current Interest Coverage of 2.84 is near median its 10-year median of 2.63. Over the past 10 years, this metric has ranged from a low of 2.08 to a high of 4.79. The Vehicles & Parts industry median Interest Coverage is 8.31. Combined Motor Holdings' value of 2.84 is 65.8% below this industry median. Based on the distribution chart, Combined Motor Holdings ranks #827 out of 1067 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Combined Motor Holdings has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Combined Motor Holdings' Interest Coverage compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Combined Motor Holdings ranks #827 out of 1067 companies for Interest Coverage. This places Combined Motor Holdings in the lower half of its industry. The industry median Interest Coverage is 8.31. Combined Motor Holdings' value of 2.84 is 65.8% below this benchmark. Historically, Combined Motor Holdings' own Interest Coverage has ranged from 2.08 to 4.79 over the past decade. While the company's 10-year median is 2.63 vs. the industry median of 8.31, Combined Motor 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 Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.31, based on 1,067 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. Combined Motor Holdings's current Interest Coverage of 2.84 is 65.8% 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 Combined Motor Holdings and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Combined Motor Holdings's current Interest Coverage is 2.84, which is near median its own 10-year median of 2.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Combined Motor Holdings stock overvalued right now?
Based on GuruFocus' analysis, Combined Motor Holdings (JSE:CMH) is currently considered Fairly Valued. The stock's GF Value™ is R38.80, compared to a current price of R39.29 — trading 1.3% above its estimated fair value. The current Interest Coverage is 2.84, which is near median its 10-year median of 2.63 and 65.8% below the Vehicles & Parts industry median of 8.31. Combined Motor Holdings' overall GF Score™ is 92/100 with 2 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 Combined Motor Holdings (JSE:CMH), the current Interest Coverage is 2.84 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 Combined Motor Holdings (JSE:CMH) Overvalued in 2026?
Based on GuruFocus' analysis, Combined Motor Holdings stock appears to be overvalued.
The current stock price of R39.29 is trading 1.3% above its estimated GF Value™ of R38.80.
GuruFocus considers Combined Motor Holdings to be Fairly Valued.
Key valuation signals for JSE:CMH:
Interest Coverage: 2.84 (near median its 10-year median of 2.63)
GF Value™: R38.80 vs. price of R39.29 (1.3% above fair value)
Industry Position: 65.8% below the Vehicles & Parts median (#827 of 1067)
No single metric tells the full story. See the JSE:CMH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Combined Motor Holdings Ltd is a South Africa-based investment holding company engaged in motor retail and distribution, car hire, and financial services. The Company operates through four business segments: Motor Retail and Distribution, which generates maximum revenue and covers passenger, light commercial, and heavy commercial vehicles in both the volume and luxury categories; Car Hire, which offers a range of well-maintained vehicles for short- and long-term hire; Financial Services, which provides insurance underwriting facilities for products sold with new and used vehicles, including coverage for death, disability, dread disease, retrenchment, vehicle and component warranties, and vehicle financing through joint ventures with two finance houses; and Corporate Services and Other.
92GF Score
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