Vunani (JSE:VUN) Interest Coverage: 21.82 (As of Feb. 2026) — 80% Above Median


JSE:VUN Vunani Ltd JSE:VUN
83 GF Score
Price R2.45
GF Value R2.70
Valuation Fairly Valued
! 8 Warning Signs
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What is Vunani Interest Coverage?

Vunani JSE:VUN 83 Interest Coverage is 21.82 as of Feb. 2026, which is 80% above its 10-year median of 12.09. GuruFocus rates JSE:VUN with a GF Score™ of 83/100 and a GF Value™ of R2.70 (Fairly Valued). The stock has 8 warning signs investors should review. Among 430 Capital Markets companies, Vunani ranks worse than 51.4% 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. Vunani's Operating Income for the six months ended in Feb. 2026 was R213.3 Mil. Vunani's Interest Expense for the six months ended in Feb. 2026 was R-9.8 Mil. Vunani's interest coverage for the quarter that ended in Feb. 2026 was 21.82. The higher the ratio, the stronger the company's financial strength is.

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

JSE:VUN' s Interest Coverage Range Over the Past 10 Years
Min: 1.55   Med: 12.09   Max: 24.2
Current: 17.3


JSE:VUN's Interest Coverage is ranked worse than
51.4% of 430 companies
in the Capital Markets industry
Industry Median: 19.375 vs JSE:VUN: 17.30

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


Vunani  (JSE:VUN) 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 .


Vunani Interest Coverage Related Terms


Vunani Interest Coverage Historical Data

* Premium members only.

The historical data trend for Vunani'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.

Vunani Interest Coverage Chart

Vunani Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.33 24.20 10.62 7.16 17.30

Vunani 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 10.02 5.34 7.85 6.82 21.82

JSE:VUN vs MS, GS, SCHW: Interest Coverage Comparison

For the Capital Markets subindustry, Vunani'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.


Vunani Interest Coverage vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Vunani's Interest Coverage distribution charts can be found below:

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


JSE:VUN
83GF Score
Vunani Ltd JSE:VUN
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vunani 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.

Vunani's Interest Coverage for the fiscal year that ended in Feb. 2026 is calculated as

Here, for the fiscal year that ended in Feb. 2026, Vunani's Interest Expense was R-14.0 Mil. Its Operating Income was R242.1 Mil. And its Long-Term Debt & Capital Lease Obligation was R11.8 Mil.

Interest Coverage=-1* Operating Income (A: Feb. 2026 )/Interest Expense (A: Feb. 2026 )
=-1*242.068/-13.993
=17.30

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

Here, for the six months ended in Feb. 2026, Vunani's Interest Expense was R-9.8 Mil. Its Operating Income was R213.3 Mil. And its Long-Term Debt & Capital Lease Obligation was R11.8 Mil.

Interest Coverage=-1* Operating Income (Q: Feb. 2026 )/Interest Expense (Q: Feb. 2026 )
=-1*213.325/-9.776
=21.82

* 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 21.82 mean?
Vunani (JSE:VUN) has a Interest Coverage of 21.82 as of Feb. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Vunani and its competitors. This is 80% above median its historical median of 12.09. Over the past decade, Vunani's Interest Coverage has ranged from 1.55 to 24.20. According to the industry distribution chart, Vunani ranks #221 out of 430 companies in the Capital Markets industry, placing it in the top 51.4%.
Is Vunani's Interest Coverage too high?
Vunani's current Interest Coverage of 21.82 is 80% above median its 10-year median of 12.09. Over the past 10 years, this metric has ranged from a low of 1.55 to a high of 24.20. The Capital Markets industry median Interest Coverage is 19.38. Vunani's value of 21.82 is 12.6% above this industry median. Based on the distribution chart, Vunani ranks #221 out of 430 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Vunani has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vunani's Interest Coverage compare to MS and GS?
According to the Capital Markets industry distribution chart, Vunani ranks #221 out of 430 companies for Interest Coverage. This places Vunani in the lower half of its industry. The industry median Interest Coverage is 19.38. Vunani's value of 21.82 is 12.6% above this benchmark. Historically, Vunani's own Interest Coverage has ranged from 1.55 to 24.20 over the past decade. While the company's 10-year median is 12.09 vs. the industry median of 19.38, Vunani 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 Capital Markets company?
The median Interest Coverage among Capital Markets companies is 19.38, based on 430 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. Vunani's current Interest Coverage of 21.82 is 12.6% 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 Vunani and its competitors. For the Capital Markets industry, the median Interest Coverage is 19.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vunani's current Interest Coverage is 21.82, which is 80% above median its own 10-year median of 12.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vunani stock overvalued right now?
Based on GuruFocus' analysis, Vunani (JSE:VUN) is currently considered Fairly Valued. The stock's GF Value™ is R2.70, compared to a current price of R2.45 — trading 9.3% below its estimated fair value. The current Interest Coverage is 21.82, which is 80% above median its 10-year median of 12.09 and 12.6% above the Capital Markets industry median of 19.38. Vunani's overall GF Score™ is 83/100 with 8 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 Vunani (JSE:VUN), the current Interest Coverage is 21.82 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 Vunani (JSE:VUN) Overvalued in 2026?

Based on GuruFocus' analysis, Vunani stock appears to be undervalued. The current stock price of R2.45 is trading 9.3% below its estimated GF Value™ of R2.70. GuruFocus considers Vunani to be Fairly Valued.

Key valuation signals for JSE:VUN:

  • Interest Coverage: 21.82 (80% above median its 10-year median of 12.09)
  • GF Value™: R2.70 vs. price of R2.45 (9.3% below fair value)
  • GF Score™: 83/100 with 8 warning signs
  • Industry Position: 12.6% above the Capital Markets median (#221 of 430)

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


Vunani Business Description

Address 151 Katherine Street, Vunani House, Vunani Office Park, Sandown, Sandton, Johannesburg, GT, ZAF, 2196
Vunani Ltd is a financial services company. The company has five reportable segments: fund management, asset administration, advisory services, institutional securities broking, and insurance. The fund management comprises institutional and retail product offerings, which include equities, bonds, inflation-linked bonds, and property. The advisory segment provides corporate advisory and investment services. The institutional securities broking provides equity, derivative, and capital market trading services for institutional clients. The insurance segment provides short-term insurance, medical aid, individual life, and employee benefits in Eswatini. The asset administration provides beneficiary fund services for minor dependents of deceased retirement fund members.
83GF Score

Get the complete analysis for JSE:VUN

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

R2.45
Price
R2.70
GF Value