Man Group (LSE:EMG) Interest Coverage: 19.40 (As of Dec. 2025) — 59% Above Median


LSE:EMG Man Group PLC LSE:EMG
87 GF Score
Price £2.86
GF Value £2.29
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Man Group Interest Coverage?

Man Group LSE:EMG -1.17% 87 Interest Coverage is 19.40 as of Dec. 2025, which is 59% above its 10-year median of 12.19. GuruFocus rates LSE:EMG with a GF Score™ of 87/100 and a GF Value™ of £2.29 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 475 Asset Management companies, Man Group ranks worse than 60.21% 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. Man Group's Operating Income for the six months ended in Dec. 2025 was £145 Mil. Man Group's Interest Expense for the six months ended in Dec. 2025 was £-7 Mil. Man Group's interest coverage for the quarter that ended in Dec. 2025 was 19.40. The higher the ratio, the stronger the company's financial strength is.

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

LSE:EMG' s Interest Coverage Range Over the Past 10 Years
Min: 2.59   Med: 12.19   Max: 56.54
Current: 14.51


LSE:EMG's Interest Coverage is ranked worse than
60.21% of 475 companies
in the Asset Management industry
Industry Median: 42.97 vs LSE:EMG: 14.51

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


Man Group  (LSE:EMG) 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 .


Man Group Interest Coverage Related Terms


Man Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for Man 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.

Man Group Interest Coverage Chart

Man Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.75 56.54 11.09 13.46 14.48

Man 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 11.67 14.23 12.69 10.00 19.40

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

For the Asset Management subindustry, Man 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.


Man Group Interest Coverage vs Asset Management Industry

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

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


LSE:EMG
87GF Score
Man Group PLC LSE:EMG
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Man 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.

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

Here, for the fiscal year that ended in Dec. 2025, Man Group's Interest Expense was £-16 Mil. Its Operating Income was £227 Mil. And its Long-Term Debt & Capital Lease Obligation was £184 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*227.088/-15.687
=14.48

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

Here, for the six months ended in Dec. 2025, Man Group's Interest Expense was £-7 Mil. Its Operating Income was £145 Mil. And its Long-Term Debt & Capital Lease Obligation was £184 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*144.918/-7.47
=19.40

* 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 19.40 mean?
Man Group (LSE:EMG) has a Interest Coverage of 19.40 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Man Group and its competitors. This is 59% above median its historical median of 12.19. Over the past decade, Man Group's Interest Coverage has ranged from 2.59 to 56.54. According to the industry distribution chart, Man Group ranks #286 out of 475 companies in the Asset Management industry, placing it in the top 60.2%.
Is Man Group's Interest Coverage too high?
Man Group's current Interest Coverage of 19.40 is 59% above median its 10-year median of 12.19. Over the past 10 years, this metric has ranged from a low of 2.59 to a high of 56.54. The Asset Management industry median Interest Coverage is 42.97. Man Group's value of 19.40 is 54.9% below this industry median. Based on the distribution chart, Man Group ranks #286 out of 475 companies in the Asset Management industry, which is below the industry midpoint. Overall, Man Group has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Man Group's Interest Coverage compare to BLK and BX?
According to the Asset Management industry distribution chart, Man Group ranks #286 out of 475 companies for Interest Coverage. This places Man Group in the lower half of its industry. The industry median Interest Coverage is 42.97. Man Group's value of 19.40 is 54.9% below this benchmark. Historically, Man Group's own Interest Coverage has ranged from 2.59 to 56.54 over the past decade. While the company's 10-year median is 12.19 vs. the industry median of 42.97, Man 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 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. Man Group's current Interest Coverage of 19.40 is 54.9% 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 Man Group 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. Man Group's current Interest Coverage is 19.40, which is 59% above median its own 10-year median of 12.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Man Group stock overvalued right now?
Based on GuruFocus' analysis, Man Group (LSE:EMG) is currently considered Modestly Overvalued. The stock's GF Value™ is £2.29, compared to a current price of £2.86 — trading 25% above its estimated fair value. The current Interest Coverage is 19.40, which is 59% above median its 10-year median of 12.19 and 54.9% below the Asset Management industry median of 42.97. Man Group's overall GF Score™ is 87/100 with 10 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 Man Group (LSE:EMG), the current Interest Coverage is 19.40 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 Man Group (LSE:EMG) Overvalued in 2026?

Based on GuruFocus' analysis, Man Group stock appears to be overvalued. The current stock price of £2.86 is trading 25% above its estimated GF Value™ of £2.29. GuruFocus considers Man Group to be Modestly Overvalued.

Key valuation signals for LSE:EMG:

  • Interest Coverage: 19.40 (59% above median its 10-year median of 12.19)
  • GF Value™: £2.29 vs. price of £2.86 (25% above fair value)
  • GF Score™: 87/100 with 10 warning signs
  • Industry Position: 54.9% below the Asset Management median (#286 of 475)

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


Man Group Business Description

Other Exchanges MNGPF:USAEMGl:UKM3N:Germany
Address 2 Swan Lane, Riverbank House, London, GBR, EC4R 3AD
Man Group PLC is an investment management firm. It provides a diverse range of alternative and traditional quantitative investment strategies to a predominantly institutional client base. It invests across a diverse range of strategies and asset classes, with a mix of long-only and alternative strategies run on a discretionary and quantitative basis, across liquid and private markets. The company earns the majority of its revenue in the form of Management fee which is charged as a percentage of assets under management or net asset value, and a performance fee, which is charged as a percentage of investment performance above a benchmark return.
87GF Score

Get the complete analysis for LSE:EMG

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

£2.86
Price
£2.29
GF Value