Filtronic (LSE:FTC) Interest Coverage: 15.57 (As of Nov. 2025) — 113% Above Median


LSE:FTC Filtronic PLC LSE:FTC
77 GF Score
Price £2.30
GF Value £1.31
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Filtronic Interest Coverage?

Filtronic LSE:FTC -17.86% 77 Interest Coverage is 15.57 as of Nov. 2025, which is 113% above its 10-year median of 7.30. GuruFocus rates LSE:FTC with a GF Score™ of 77/100 and a GF Value™ of £1.31 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,673 Hardware companies, Filtronic ranks better than 64.14% 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. Filtronic's Operating Income for the six months ended in Nov. 2025 was £2.62 Mil. Filtronic's Interest Expense for the six months ended in Nov. 2025 was £-0.17 Mil. Filtronic's interest coverage for the quarter that ended in Nov. 2025 was 15.57. The higher the ratio, the stronger the company's financial strength is.

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

LSE:FTC' s Interest Coverage Range Over the Past 10 Years
Min: 1.03   Med: 7.3   Max: 52.44
Current: 30.09


LSE:FTC's Interest Coverage is ranked better than
64.14% of 1673 companies
in the Hardware industry
Industry Median: 13.73 vs LSE:FTC: 30.09

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


Filtronic  (LSE:FTC) 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 .


Filtronic Interest Coverage Related Terms


Filtronic Interest Coverage Historical Data

* Premium members only.

The historical data trend for Filtronic'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.

Filtronic Interest Coverage Chart

Filtronic Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.41 8.16 1.03 10.87 50.16

Filtronic Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 23.97 53.24 47.38 15.57

LSE:FTC vs CSCO, CIEN, MSI: Interest Coverage Comparison

For the Communication Equipment subindustry, Filtronic'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.


Filtronic Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, Filtronic's Interest Coverage distribution charts can be found below:

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


LSE:FTC
77GF Score
Filtronic PLC LSE:FTC
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Filtronic 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.

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

Here, for the fiscal year that ended in May. 2025, Filtronic's Interest Expense was £-0.27 Mil. Its Operating Income was £13.44 Mil. And its Long-Term Debt & Capital Lease Obligation was £2.57 Mil.

Interest Coverage=-1* Operating Income (A: May. 2025 )/Interest Expense (A: May. 2025 )
=-1*13.442/-0.268
=50.16

Filtronic's Interest Coverage for the quarter that ended in Nov. 2025 is calculated as

Here, for the six months ended in Nov. 2025, Filtronic's Interest Expense was £-0.17 Mil. Its Operating Income was £2.62 Mil. And its Long-Term Debt & Capital Lease Obligation was £2.51 Mil.

Interest Coverage=-1* Operating Income (Q: Nov. 2025 )/Interest Expense (Q: Nov. 2025 )
=-1*2.616/-0.168
=15.57

* 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 15.57 mean?
Filtronic (LSE:FTC) has a Interest Coverage of 15.57 as of Nov. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Filtronic and its competitors. This is 113% above median its historical median of 7.30. Over the past decade, Filtronic's Interest Coverage has ranged from 1.03 to 52.44. According to the industry distribution chart, Filtronic ranks #600 out of 1673 companies in the Hardware industry, placing it in the top 35.9%.
Is Filtronic's Interest Coverage too high?
Filtronic's current Interest Coverage of 15.57 is 113% above median its 10-year median of 7.30. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 52.44. The Hardware industry median Interest Coverage is 13.73. Filtronic's value of 15.57 is 13.4% above this industry median. Based on the distribution chart, Filtronic ranks #600 out of 1673 companies in the Hardware industry, which is above the industry midpoint. Overall, Filtronic has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Filtronic's Interest Coverage compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Filtronic ranks #600 out of 1673 companies for Interest Coverage. This puts Filtronic in the upper half of its industry. The industry median Interest Coverage is 13.73. Filtronic's value of 15.57 is 13.4% above this benchmark. Historically, Filtronic's own Interest Coverage has ranged from 1.03 to 52.44 over the past decade. While the company's 10-year median is 7.30 vs. the industry median of 13.73, Filtronic 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 Hardware company?
The median Interest Coverage among Hardware companies is 13.73, based on 1,673 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. Filtronic's current Interest Coverage of 15.57 is 13.4% 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 Filtronic and its competitors. For the Hardware industry, the median Interest Coverage is 13.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Filtronic's current Interest Coverage is 15.57, which is 113% above median its own 10-year median of 7.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Filtronic stock overvalued right now?
Based on GuruFocus' analysis, Filtronic (LSE:FTC) is currently considered Significantly Overvalued. The stock's GF Value™ is £1.31, compared to a current price of £2.30 — trading 75.6% above its estimated fair value. The current Interest Coverage is 15.57, which is 113% above median its 10-year median of 7.30 and 13.4% above the Hardware industry median of 13.73. Filtronic's overall GF Score™ is 77/100 with 5 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 Filtronic (LSE:FTC), the current Interest Coverage is 15.57 as of Nov. 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 Filtronic (LSE:FTC) Overvalued in 2026?

Based on GuruFocus' analysis, Filtronic stock appears to be overvalued. The current stock price of £2.30 is trading 75.6% above its estimated GF Value™ of £1.31. GuruFocus considers Filtronic to be Significantly Overvalued.

Key valuation signals for LSE:FTC:

  • Interest Coverage: 15.57 (113% above median its 10-year median of 7.30)
  • GF Value™: £1.31 vs. price of £2.30 (75.6% above fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 13.4% above the Hardware median (#600 of 1673)

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


Filtronic Business Description

Other Exchanges FLTCF:USAFTI:Germany
Address 1 Rosalind Franklin Way, NETPark, Sedgefield, Durham, GBR, TS21 3FR
Filtronic PLC designs and manufactures a broad range of customized RF, microwave, and millimeter-wave components and subsystems. Its products are used in mobile wireless communication equipment, point-to-point communication systems, and adjacent defense sectors. Its customer base includes international original equipment manufacturers as well as a wide range of mobile phone network operators. It has operations in the United Kingdom, Europe, Americas, and the Rest of the world.
77GF Score

Get the complete analysis for LSE:FTC

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

£2.30
Price
£1.31
GF Value