Hargreaves Services (LSE:HSP) Interest Coverage: 9.20 (As of Nov. 2025) — 144% Above Median

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LSE:HSP Hargreaves Services PLC LSE:HSP
71 GF Score
Price £8.00
GF Value £8.54
Valuation Fairly Valued
! 7 Warning Signs
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What is Hargreaves Services Interest Coverage?

Hargreaves Services LSE:HSP -0.74% 71 Interest Coverage is 9.20 as of Nov. 2025, which is 144% above its 10-year median of 3.77. GuruFocus rates LSE:HSP with a GF Score™ of 71/100 and a GF Value™ of £8.54 (Fairly Valued). The stock has 7 warning signs investors should review. Among 426 Conglomerates companies, Hargreaves Services ranks better than 51.88% 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. Hargreaves Services's Operating Income for the six months ended in Nov. 2025 was £13.3 Mil. Hargreaves Services's Interest Expense for the six months ended in Nov. 2025 was £-1.4 Mil. Hargreaves Services's interest coverage for the quarter that ended in Nov. 2025 was 9.20. The higher the ratio, the stronger the company's financial strength is.

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

LSE:HSP' s Interest Coverage Range Over the Past 10 Years
Min: 2.98   Med: 3.77   Max: 8.76
Current: 6


LSE:HSP's Interest Coverage is ranked better than
51.88% of 426 companies
in the Conglomerates industry
Industry Median: 5.31 vs LSE:HSP: 6.00

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


Hargreaves Services  (LSE:HSP) 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 .


Hargreaves Services Interest Coverage Related Terms


Hargreaves Services Interest Coverage Historical Data

* Premium members only.

The historical data trend for Hargreaves Services'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.

Hargreaves Services Interest Coverage Chart

Hargreaves Services 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 0.00 8.76 2.98 3.59 3.95

Hargreaves Services 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 3.46 3.74 4.00 3.92 9.20

LSE:HSP vs HON, MMM: Interest Coverage Comparison

For the Conglomerates subindustry, Hargreaves Services'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.


Hargreaves Services Interest Coverage vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hargreaves Services's Interest Coverage distribution charts can be found below:

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


LSE:HSP
71GF Score
Hargreaves Services PLC LSE:HSP
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hargreaves Services 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.

Hargreaves Services'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, Hargreaves Services's Interest Expense was £-3.7 Mil. Its Operating Income was £14.8 Mil. And its Long-Term Debt & Capital Lease Obligation was £17.6 Mil.

Interest Coverage=-1* Operating Income (A: May. 2025 )/Interest Expense (A: May. 2025 )
=-1*14.757/-3.736
=3.95

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

Here, for the six months ended in Nov. 2025, Hargreaves Services's Interest Expense was £-1.4 Mil. Its Operating Income was £13.3 Mil. And its Long-Term Debt & Capital Lease Obligation was £25.3 Mil.

Interest Coverage=-1* Operating Income (Q: Nov. 2025 )/Interest Expense (Q: Nov. 2025 )
=-1*13.325/-1.449
=9.20

* 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 9.20 mean?
Hargreaves Services (LSE:HSP) has a Interest Coverage of 9.20 as of Nov. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hargreaves Services and its competitors. This is 144% above median its historical median of 3.77. Over the past decade, Hargreaves Services' Interest Coverage has ranged from 2.98 to 8.76. According to the industry distribution chart, Hargreaves Services ranks #205 out of 426 companies in the Conglomerates industry, placing it in the top 48.1%.
Is Hargreaves Services' Interest Coverage too high?
Hargreaves Services' current Interest Coverage of 9.20 is 144% above median its 10-year median of 3.77. Over the past 10 years, this metric has ranged from a low of 2.98 to a high of 8.76. The Conglomerates industry median Interest Coverage is 5.31. Hargreaves Services' value of 9.20 is 73.3% above this industry median. Based on the distribution chart, Hargreaves Services ranks #205 out of 426 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Hargreaves Services has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hargreaves Services' Interest Coverage compare to HON and MMM?
According to the Conglomerates industry distribution chart, Hargreaves Services ranks #205 out of 426 companies for Interest Coverage. This puts Hargreaves Services in the upper half of its industry. The industry median Interest Coverage is 5.31. Hargreaves Services' value of 9.20 is 73.3% above this benchmark. Historically, Hargreaves Services' own Interest Coverage has ranged from 2.98 to 8.76 over the past decade. While the company's 10-year median is 3.77 vs. the industry median of 5.31, Hargreaves Services 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 Conglomerates company?
The median Interest Coverage among Conglomerates companies is 5.31, based on 426 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. Hargreaves Services's current Interest Coverage of 9.20 is 73.3% 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 Hargreaves Services and its competitors. For the Conglomerates industry, the median Interest Coverage is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hargreaves Services's current Interest Coverage is 9.20, which is 144% above median its own 10-year median of 3.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hargreaves Services stock overvalued right now?
Based on GuruFocus' analysis, Hargreaves Services (LSE:HSP) is currently considered Fairly Valued. The stock's GF Value™ is £8.54, compared to a current price of £8.00 — trading 6.3% below its estimated fair value. The current Interest Coverage is 9.20, which is 144% above median its 10-year median of 3.77 and 73.3% above the Conglomerates industry median of 5.31. Hargreaves Services' overall GF Score™ is 71/100 with 7 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 Hargreaves Services (LSE:HSP), the current Interest Coverage is 9.20 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 Hargreaves Services (LSE:HSP) Overvalued in 2026?

Based on GuruFocus' analysis, Hargreaves Services stock appears to be undervalued. The current stock price of £8.00 is trading 6.3% below its estimated GF Value™ of £8.54. GuruFocus considers Hargreaves Services to be Fairly Valued.

Key valuation signals for LSE:HSP:

  • Interest Coverage: 9.20 (144% above median its 10-year median of 3.77)
  • GF Value™: £8.54 vs. price of £8.00 (6.3% below fair value)
  • GF Score™: 71/100 with 7 warning signs
  • Industry Position: 73.3% above the Conglomerates median (#205 of 426)

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


Hargreaves Services Business Description

Other Exchanges HSPl:UKH6W:Germany
Address West Terrace, Esh Winning, Durham, GBR, DH7 9PT
Hargreaves Services PLC delivers projects and services in the infrastructure, energy, and property sectors, supporting key industries within the UK and South East Asia. The company's business segments are Services; Hargreaves Land; Unallocated and Hargreaves Raw Materials Services. It generates maximum revenue from the Services segment. The Services segment provides materials handling, mechanical and electrical engineering, land restoration, logistics and bulk earthmoving into the energy, environmental, infrastructure and industrial sectors.
71GF Score

Get the complete analysis for LSE:HSP

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

£8.00
Price
£8.54
GF Value