Super Group (JSE:SPG) Interest Coverage: 2.34 (As of Dec. 2025) — 27% Below Median


JSE:SPG Super Group Ltd JSE:SPG
84 GF Score
Price R18.90
GF Value R23.64
Valuation Modestly Undervalued
! 11 Warning Signs
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What is Super Group Interest Coverage?

Super Group JSE:SPG -1.05% 84 Interest Coverage is 2.34 as of Dec. 2025, which is 27% below its 10-year median of 3.19. GuruFocus rates JSE:SPG with a GF Score™ of 84/100 and a GF Value™ of R23.64 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 838 Transportation companies, Super Group ranks worse than 82.46% 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. Super Group's Operating Income for the six months ended in Dec. 2025 was R1,111 Mil. Super Group's Interest Expense for the six months ended in Dec. 2025 was R-474 Mil. Super Group's interest coverage for the quarter that ended in Dec. 2025 was 2.34. The higher the ratio, the stronger the company's financial strength is.

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

JSE:SPG' s Interest Coverage Range Over the Past 10 Years
Min: 1.5   Med: 3.19   Max: 5.42
Current: 1.75


JSE:SPG's Interest Coverage is ranked worse than
82.46% of 838 companies
in the Transportation industry
Industry Median: 5.72 vs JSE:SPG: 1.75

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


Super Group  (JSE:SPG) 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 .


Super Group Interest Coverage Related Terms


Super Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for Super 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.

Super Group Interest Coverage Chart

Super Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.54 2.84 2.30 1.66 1.50

Super Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.80 1.53 1.72 1.30 2.34

JSE:SPG vs UPS, FDX, JBHT: Interest Coverage Comparison

For the Integrated Freight & Logistics subindustry, Super 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.


Super Group Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, Super Group's Interest Coverage distribution charts can be found below:

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


JSE:SPG
84GF Score
Super Group Ltd JSE:SPG
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Super 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.

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

Here, for the fiscal year that ended in Jun. 2025, Super Group's Interest Expense was R-1,226 Mil. Its Operating Income was R1,841 Mil. And its Long-Term Debt & Capital Lease Obligation was R7,186 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2025 )/Interest Expense (A: Jun. 2025 )
=-1*1841.187/-1225.85
=1.50

Super Group's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Super Group's Interest Expense was R-474 Mil. Its Operating Income was R1,111 Mil. And its Long-Term Debt & Capital Lease Obligation was R7,180 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*1110.505/-474.191
=2.34

* 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 2.34 mean?
Super Group (JSE:SPG) has a Interest Coverage of 2.34 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Super Group and its competitors. This is 27% below median its historical median of 3.19. Over the past decade, Super Group's Interest Coverage has ranged from 1.50 to 5.42. According to the industry distribution chart, Super Group ranks #691 out of 838 companies in the Transportation industry, placing it in the top 82.5%.
Is Super Group's Interest Coverage too high?
Super Group's current Interest Coverage of 2.34 is 27% below median its 10-year median of 3.19. Over the past 10 years, this metric has ranged from a low of 1.50 to a high of 5.42. The Transportation industry median Interest Coverage is 5.72. Super Group's value of 2.34 is 59.1% below this industry median. Based on the distribution chart, Super Group ranks #691 out of 838 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Super Group has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Super Group's Interest Coverage compare to UPS and FDX?
According to the Transportation industry distribution chart, Super Group ranks #691 out of 838 companies for Interest Coverage. This places Super Group in the lower half of its industry. The industry median Interest Coverage is 5.72. Super Group's value of 2.34 is 59.1% below this benchmark. Historically, Super Group's own Interest Coverage has ranged from 1.50 to 5.42 over the past decade. While the company's 10-year median is 3.19 vs. the industry median of 5.72, Super Group 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 Transportation company?
The median Interest Coverage among Transportation companies is 5.72, based on 838 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. Super Group's current Interest Coverage of 2.34 is 59.1% 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 Super Group and its competitors. For the Transportation industry, the median Interest Coverage is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Super Group's current Interest Coverage is 2.34, which is 27% below median its own 10-year median of 3.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Super Group stock overvalued right now?
Based on GuruFocus' analysis, Super Group (JSE:SPG) is currently considered Modestly Undervalued. The stock's GF Value™ is R23.64, compared to a current price of R18.90 — trading 20.1% below its estimated fair value. The current Interest Coverage is 2.34, which is 27% below median its 10-year median of 3.19 and 59.1% below the Transportation industry median of 5.72. Super Group's overall GF Score™ is 84/100 with 11 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 Super Group (JSE:SPG), the current Interest Coverage is 2.34 as of Dec. 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 Super Group (JSE:SPG) Overvalued in 2026?

Based on GuruFocus' analysis, Super Group stock appears to be undervalued. The current stock price of R18.90 is trading 20.1% below its estimated GF Value™ of R23.64. GuruFocus considers Super Group to be Modestly Undervalued.

Key valuation signals for JSE:SPG:

  • Interest Coverage: 2.34 (27% below median its 10-year median of 3.19)
  • GF Value™: R23.64 vs. price of R18.90 (20.1% below fair value)
  • GF Score™: 84/100 with 11 warning signs
  • Industry Position: 59.1% below the Transportation median (#691 of 838)

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


Super Group Business Description

Other Exchanges S8G1:Germany
Address 27 Impala Road, Chislehurston, Sandton, Johannesburg, ZAF, 2196
Super Group Ltd provides logistics and mobility solutions across sub-Saharan Africa, the United Kingdom, Europe, and Australasia through several key segments. Its Supply Chain divisions offer distribution, warehousing, and courier services. The Dealerships divisions manage the sale and servicing of passenger and commercial vehicles in South Africa and the United Kingdom, representing key vehicle brands. The Fleet Solutions divisions provide fleet management and vehicle leasing services. The principal segments of the company are Supply Chain Africa, Supply Chain Europe, Fleet Africa, SG Fleet, Dealerships SA, Dealerships UK and Services. Geographically, the company generates the majority of its revenue from South Africa.
84GF Score

Get the complete analysis for JSE:SPG

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

R18.90
Price
R23.64
GF Value