Coronation Fund ManagersJSE:CML -0.18%76 Interest Coverage is 19.36 as of Mar. 2026, which is 67% below its 10-year median of 58.24. GuruFocus rates JSE:CML with a GF Score™ of 76/100 and a GF Value™ of R42.09 (Fairly Valued). The stock has 5 warning signs investors should review. Among 476 Asset Management companies, Coronation Fund Managers ranks worse than 53.15% 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. Coronation Fund Managers's
Operating Income
for the
six
months ended in Mar. 2026 was R852 Mil. Coronation Fund Managers's Interest Expense for the
six
months ended in Mar. 2026 was R-44 Mil.
Coronation Fund Managers's interest coverage for the quarter that ended in Mar. 2026 was 19.36.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Coronation Fund Managers's Interest Coverage or its related term are showing as below:
JSE:CML'
s Interest Coverage Range Over the Past 10 Years
Min: 25.24 Med: 58.24 Max: 91.27
Current: 33.12
JSE:CML's Interest Coverage is ranked worse than 53.15% of 476
companies
in the Asset Management industry
Industry Median: 43.13
vs JSE:CML: 33.12
Coronation Fund Managers (JSE:CML) 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 .
Coronation Fund Managers Interest Coverage Related Terms
Coronation Fund Managers 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.
JSE:CML vs BLK, BX, KKR: Interest Coverage Comparison
For the Asset Management subindustry, Coronation Fund Managers'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.
Coronation Fund Managers Interest Coverage vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Coronation Fund Managers's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Coronation Fund Managers's Interest Coverage falls into.
Coronation Fund Managers 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.
Coronation Fund Managers (JSE:CML) has a Interest Coverage of 19.36 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Coronation Fund Managers and its competitors. This is 67% below median its historical median of 58.24. Over the past decade, Coronation Fund Managers' Interest Coverage has ranged from 25.24 to 91.27. According to the industry distribution chart, Coronation Fund Managers ranks #253 out of 476 companies in the Asset Management industry, placing it in the top 53.2%.
Is Coronation Fund Managers' Interest Coverage too high?
Coronation Fund Managers' current Interest Coverage of 19.36 is 67% below median its 10-year median of 58.24. Over the past 10 years, this metric has ranged from a low of 25.24 to a high of 91.27. The Asset Management industry median Interest Coverage is 43.13. Coronation Fund Managers' value of 19.36 is 55.1% below this industry median. Based on the distribution chart, Coronation Fund Managers ranks #253 out of 476 companies in the Asset Management industry, which is below the industry midpoint. Overall, Coronation Fund Managers has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Coronation Fund Managers' Interest Coverage compare to BLK and BX?
According to the Asset Management industry distribution chart, Coronation Fund Managers ranks #253 out of 476 companies for Interest Coverage. This places Coronation Fund Managers in the lower half of its industry. The industry median Interest Coverage is 43.13. Coronation Fund Managers' value of 19.36 is 55.1% below this benchmark. Historically, Coronation Fund Managers' own Interest Coverage has ranged from 25.24 to 91.27 over the past decade. While the company's 10-year median is 58.24 vs. the industry median of 43.13, Coronation Fund Managers 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 an Asset Management company?
The median Interest Coverage among Asset Management companies is 43.13, based on 476 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. Coronation Fund Managers's current Interest Coverage of 19.36 is 55.1% 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 Coronation Fund Managers and its competitors. For the Asset Management industry, the median Interest Coverage is 43.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coronation Fund Managers's current Interest Coverage is 19.36, which is 67% below median its own 10-year median of 58.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coronation Fund Managers stock overvalued right now?
Based on GuruFocus' analysis, Coronation Fund Managers (JSE:CML) is currently considered Fairly Valued. The stock's GF Value™ is R42.09, compared to a current price of R39.80 — trading 5.4% below its estimated fair value. The current Interest Coverage is 19.36, which is 67% below median its 10-year median of 58.24 and 55.1% below the Asset Management industry median of 43.13. Coronation Fund Managers' overall GF Score™ is 76/100 with 5 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 Coronation Fund Managers (JSE:CML), the current Interest Coverage is 19.36 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 Coronation Fund Managers (JSE:CML) Overvalued in 2026?
Based on GuruFocus' analysis, Coronation Fund Managers stock appears to be undervalued.
The current stock price of R39.80 is trading 5.4% below its estimated GF Value™ of R42.09.
GuruFocus considers Coronation Fund Managers to be Fairly Valued.
Key valuation signals for JSE:CML:
Interest Coverage: 19.36 (67% below median its 10-year median of 58.24)
GF Value™: R42.09 vs. price of R39.80 (5.4% below fair value)
Industry Position: 55.1% below the Asset Management median (#253 of 476)
No single metric tells the full story. See the JSE:CML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Coronation Fund Managers Ltd provides asset management services through segregated and pooled investment vehicles. Clients for the asset manager include pension and provident funds, unit trusts, banks, insurers, and other fund managers. Based out of South Africa, Coronation derives the majority of its revenue from a domestic client base. In addition to managing institutional assets, local retail investors are serviced through non-affiliated channels of independent financial advisors and linked investment service providers. Fund offerings range from income to growth, and also include international portfolios.
76GF Score
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