AJ Bell (LSE:AJB) Interest Coverage: 162.67 (As of Mar. 2026) — 21% Above Median


LSE:AJB AJ Bell PLC LSE:AJB
96 GF Score
Price £5.85
GF Value £5.78
Valuation Fairly Valued
! 3 Warning Signs
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What is AJ Bell Interest Coverage?

AJ Bell LSE:AJB -1.60% 96 Interest Coverage is 162.67 as of Mar. 2026, which is 21% above its 10-year median of 134.27. GuruFocus rates LSE:AJB with a GF Score™ of 96/100 and a GF Value™ of £5.78 (Fairly Valued). The stock has 3 warning signs investors should review. Among 475 Asset Management companies, AJ Bell ranks better than 59.16% 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. AJ Bell's Operating Income for the six months ended in Mar. 2026 was £76.8 Mil. AJ Bell's Interest Expense for the six months ended in Mar. 2026 was £-0.5 Mil. AJ Bell's interest coverage for the quarter that ended in Mar. 2026 was 162.67. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. AJ Bell PLC has enough cash to cover all of its debt. Its financial situation is stable.

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

LSE:AJB' s Interest Coverage Range Over the Past 10 Years
Min: 58.06   Med: 134.27   Max: 1130.24
Current: 155.91


LSE:AJB's Interest Coverage is ranked better than
59.16% of 475 companies
in the Asset Management industry
Industry Median: 42.97 vs LSE:AJB: 155.91

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


AJ Bell  (LSE:AJB) 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 .


AJ Bell Interest Coverage Related Terms


AJ Bell Interest Coverage Historical Data

* Premium members only.

The historical data trend for AJ Bell'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.

AJ Bell Interest Coverage Chart

AJ Bell Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.70 76.80 90.57 125.57 142.96

AJ Bell Semi-Annual Data
Sep16 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 135.16 116.64 137.33 148.88 162.67

LSE:AJB vs BLK, BX, KKR: Interest Coverage Comparison

For the Asset Management subindustry, AJ Bell'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.


AJ Bell Interest Coverage vs Asset Management Industry

For the Asset Management industry and Financial Services sector, AJ Bell's Interest Coverage distribution charts can be found below:

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


LSE:AJB
96GF Score
AJ Bell PLC LSE:AJB
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AJ Bell 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.

AJ Bell's Interest Coverage for the fiscal year that ended in Sep. 2025 is calculated as

Here, for the fiscal year that ended in Sep. 2025, AJ Bell's Interest Expense was £-0.9 Mil. Its Operating Income was £133.1 Mil. And its Long-Term Debt & Capital Lease Obligation was £9.8 Mil.

Interest Coverage=-1* Operating Income (A: Sep. 2025 )/Interest Expense (A: Sep. 2025 )
=-1*133.098/-0.931
=142.96

AJ Bell's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, AJ Bell's Interest Expense was £-0.5 Mil. Its Operating Income was £76.8 Mil. And its Long-Term Debt & Capital Lease Obligation was £9.7 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*76.778/-0.472
=162.67

* 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 162.67 mean?
AJ Bell (LSE:AJB) has a Interest Coverage of 162.67 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on AJ Bell and its competitors. This is 21% above median its historical median of 134.27. Over the past decade, AJ Bell's Interest Coverage has ranged from 58.06 to 1,130.24. According to the industry distribution chart, AJ Bell ranks #194 out of 475 companies in the Asset Management industry, placing it in the top 40.8%.
Is AJ Bell's Interest Coverage too high?
AJ Bell's current Interest Coverage of 162.67 is 21% above median its 10-year median of 134.27. Over the past 10 years, this metric has ranged from a low of 58.06 to a high of 1,130.24. The Asset Management industry median Interest Coverage is 42.97. AJ Bell's value of 162.67 is 278.6% above this industry median. Based on the distribution chart, AJ Bell ranks #194 out of 475 companies in the Asset Management industry, which is above the industry midpoint. Overall, AJ Bell has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AJ Bell's Interest Coverage compare to BLK and BX?
According to the Asset Management industry distribution chart, AJ Bell ranks #194 out of 475 companies for Interest Coverage. This puts AJ Bell in the upper half of its industry. The industry median Interest Coverage is 42.97. AJ Bell's value of 162.67 is 278.6% above this benchmark. Historically, AJ Bell's own Interest Coverage has ranged from 58.06 to 1,130.24 over the past decade. While the company's 10-year median is 134.27 vs. the industry median of 42.97, AJ Bell 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 an Asset Management company?
The median Interest Coverage among Asset Management companies is 42.97, based on 475 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. AJ Bell's current Interest Coverage of 162.67 is 278.6% 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 AJ Bell and its competitors. For the Asset Management industry, the median Interest Coverage is 42.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AJ Bell's current Interest Coverage is 162.67, which is 21% above median its own 10-year median of 134.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AJ Bell stock overvalued right now?
Based on GuruFocus' analysis, AJ Bell (LSE:AJB) is currently considered Fairly Valued. The stock's GF Value™ is £5.78, compared to a current price of £5.85 — trading 1.1% above its estimated fair value. The current Interest Coverage is 162.67, which is 21% above median its 10-year median of 134.27 and 278.6% above the Asset Management industry median of 42.97. AJ Bell's overall GF Score™ is 96/100 with 3 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 AJ Bell (LSE:AJB), the current Interest Coverage is 162.67 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 AJ Bell (LSE:AJB) Overvalued in 2026?

Based on GuruFocus' analysis, AJ Bell stock appears to be overvalued. The current stock price of £5.85 is trading 1.1% above its estimated GF Value™ of £5.78. GuruFocus considers AJ Bell to be Fairly Valued.

Key valuation signals for LSE:AJB:

  • Interest Coverage: 162.67 (21% above median its 10-year median of 134.27)
  • GF Value™: £5.78 vs. price of £5.85 (1.1% above fair value)
  • GF Score™: 96/100 with 3 warning signs
  • Industry Position: 278.6% above the Asset Management median (#194 of 475)

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


AJ Bell Business Description

Other Exchanges AJBl:UK3FY:Germany
Address 4 Exchange Quay, Salford Quays, Manchester, GBR, M5 3EE
AJ Bell PLC is an investment platform in the United Kingdom. The Group has a single operating segment, being investment services in the advised and D2C space, administering investments in SIPPs, ISAs, and General Investment / Dealing Accounts. SIPPs and ISAs, Lifetime ISA, and junior products. The company generates revenue from recurring ad valorem, which includes custody fees, interest income, and investment management fees, and transactional. The company earns its revenue from its domicile country United Kingdom.
96GF Score

Get the complete analysis for LSE:AJB

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

£5.85
Price
£5.78
GF Value