Nictus (JSE:NCS) Interest Coverage: 0 (At Loss) (As of Sep. 2025)


JSE:NCS Nictus Ltd JSE:NCS
40 GF Score
Price R2.99
GF Value R1.09
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Nictus Interest Coverage?

Nictus JSE:NCS 40 Interest Coverage is 0 (At Loss) as of Sep. 2025. GuruFocus rates JSE:NCS with a GF Score™ of 40/100 and a GF Value™ of R1.09 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 823 Retail - Cyclical companies, Nictus ranks worse than 121506.56% 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. Nictus's Operating Income for the six months ended in Sep. 2025 was R-3.46 Mil. Nictus's Interest Expense for the six months ended in Sep. 2025 was R-39.57 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


JSE:NCS's Interest Coverage is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.92
* Ranked among companies with meaningful Interest Coverage only.

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


Nictus  (JSE:NCS) 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 .


Nictus Interest Coverage Related Terms


Nictus Interest Coverage Historical Data

* Premium members only.

The historical data trend for Nictus'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.

Nictus Interest Coverage Chart

Nictus Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Nictus Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 0.00 0.00 0.00 0.00 0.00

JSE:NCS vs CASY, WSM, DKS: Interest Coverage Comparison

For the Specialty Retail subindustry, Nictus'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.


Nictus Interest Coverage vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Nictus's Interest Coverage distribution charts can be found below:

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


JSE:NCS
40GF Score
Nictus Ltd JSE:NCS
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nictus 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.

Nictus's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, Nictus's Interest Expense was R-61.55 Mil. Its Operating Income was R-21.95 Mil. And its Long-Term Debt & Capital Lease Obligation was R0.00 Mil.

Nictus did not have earnings to cover the interest expense.

Nictus's Interest Coverage for the quarter that ended in Sep. 2025 is calculated as

Here, for the six months ended in Sep. 2025, Nictus's Interest Expense was R-39.57 Mil. Its Operating Income was R-3.46 Mil. And its Long-Term Debt & Capital Lease Obligation was R1.95 Mil.

Nictus did not have earnings to cover the 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.

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 0 (At Loss) mean?
Nictus (JSE:NCS) has a Interest Coverage of 0 (At Loss) as of Sep. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nictus and its competitors. According to the industry distribution chart, Nictus ranks #999999 out of 823 companies in the Retail - Cyclical industry.
Is Nictus' Interest Coverage too high?
Nictus' current Interest Coverage is 0 (At Loss). Based on the distribution chart, Nictus ranks #999999 out of 823 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Nictus has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nictus' Interest Coverage compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Nictus ranks #999999 out of 823 companies for Interest Coverage. This places Nictus in the lower half of its industry. The industry median Interest Coverage is 7.92. 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 Retail - Cyclical company?
The median Interest Coverage among Retail - Cyclical companies is 7.92, based on 823 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. 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 Nictus and its competitors. For the Retail - Cyclical industry, the median Interest Coverage is 7.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nictus's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nictus stock overvalued right now?
Based on GuruFocus' analysis, Nictus (JSE:NCS) is currently considered Significantly Overvalued. The stock's GF Value™ is R1.09, compared to a current price of R2.99 — trading 174.3% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Nictus' overall GF Score™ is 40/100 with 6 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 Nictus (JSE:NCS), the current Interest Coverage is 0 (At Loss) as of Sep. 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 Nictus (JSE:NCS) Overvalued in 2026?

Based on GuruFocus' analysis, Nictus stock appears to be overvalued. The current stock price of R2.99 is trading 174.3% above its estimated GF Value™ of R1.09. GuruFocus considers Nictus to be Significantly Overvalued.

Key valuation signals for JSE:NCS:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: R1.09 vs. price of R2.99 (174.3% above fair value)
  • GF Score™: 40/100 with 6 warning signs

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


Nictus Business Description

Address 392 Main Road, Block C, 1st Floor, The Main Straight Office Park, Bryanston, ZAF, 2191
Nictus Ltd operates as a retailer of household furniture, electrical appliances, and home electronics through the Nictus Furnishers brand and a short-term insurer through the Corporate Guarantee brand. The company owns three furniture retail stores located in Makhado, Polokwane and Randburg, South Africa. It operates in two segments namely Furniture segment and Insurance segment provides short-term insurance. Majority of the revenue is derived from the retailing of furniture and other products.
40GF Score

Get the complete analysis for JSE:NCS

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

R2.99
Price
R1.09
GF Value