Impax Asset Management GroupLSE:IPX +3.47%63 Interest Coverage is 47.33 as of Mar. 2026, which is 52% below its 10-year median of 97.62. GuruFocus rates LSE:IPX with a GF Score™ of 63/100 and a GF Value™ of £2.43 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 476 Asset Management companies, Impax Asset Management Group ranks better than 52.73% 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. Impax Asset Management Group's
Operating Income
for the
six
months ended in Mar. 2026 was £7.4 Mil. Impax Asset Management Group's Interest Expense for the
six
months ended in Mar. 2026 was £-0.2 Mil.
Impax Asset Management Group's interest coverage for the quarter that ended in Mar. 2026 was 47.33.
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. Impax Asset Management Group PLC has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Impax Asset Management Group's Interest Coverage or its related term are showing as below:
LSE:IPX'
s Interest Coverage Range Over the Past 10 Years
Min: 13.57 Med: 97.62 Max: No Debt
Current: 59.86
LSE:IPX's Interest Coverage is ranked better than 52.73% of 476
companies
in the Asset Management industry
Industry Median: 43.13
vs LSE:IPX: 59.86
Impax Asset Management Group (LSE:IPX) 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 .
Impax Asset Management Group Interest Coverage Related Terms
Impax Asset Management Group Interest Coverage Historical Data
* 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.
Impax Asset Management Group Interest Coverage Chart
LSE:IPX vs BLK, BX, KKR: Interest Coverage Comparison
For the Asset Management subindustry, Impax Asset Management 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.
Impax Asset Management Group Interest Coverage vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Impax Asset Management Group's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Impax Asset Management Group's Interest Coverage falls into.
Impax Asset Management 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:
* 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.
Impax Asset Management Group (LSE:IPX) has a Interest Coverage of 47.33 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Impax Asset Management Group and its competitors. This is 52% below median its historical median of 97.62. Over the past decade, Impax Asset Management Group's Interest Coverage has ranged from 13.57 to 10,000.00. According to the industry distribution chart, Impax Asset Management Group ranks #225 out of 476 companies in the Asset Management industry, placing it in the top 47.3%.
Is Impax Asset Management Group's Interest Coverage too high?
Impax Asset Management Group's current Interest Coverage of 47.33 is 52% below median its 10-year median of 97.62. Over the past 10 years, this metric has ranged from a low of 13.57 to a high of 10,000.00. The Asset Management industry median Interest Coverage is 43.13. Impax Asset Management Group's value of 47.33 is 9.7% above this industry median. Based on the distribution chart, Impax Asset Management Group ranks #225 out of 476 companies in the Asset Management industry, which is above the industry midpoint. Overall, Impax Asset Management Group has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Impax Asset Management Group's Interest Coverage compare to BLK and BX?
According to the Asset Management industry distribution chart, Impax Asset Management Group ranks #225 out of 476 companies for Interest Coverage. This puts Impax Asset Management Group in the upper half of its industry. The industry median Interest Coverage is 43.13. Impax Asset Management Group's value of 47.33 is 9.7% above this benchmark. Historically, Impax Asset Management Group's own Interest Coverage has ranged from 13.57 to 10,000.00 over the past decade. While the company's 10-year median is 97.62 vs. the industry median of 43.13, Impax Asset Management Group 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 43.13, based on 476 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. Impax Asset Management Group's current Interest Coverage of 47.33 is 9.7% 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 Impax Asset Management Group and its competitors. For the Asset Management industry, the median Interest Coverage is 43.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Impax Asset Management Group's current Interest Coverage is 47.33, which is 52% below median its own 10-year median of 97.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Impax Asset Management Group stock overvalued right now?
Based on GuruFocus' analysis, Impax Asset Management Group (LSE:IPX) is currently considered Significantly Undervalued. The stock's GF Value™ is £2.43, compared to a current price of £0.99 — trading 59.5% below its estimated fair value. The current Interest Coverage is 47.33, which is 52% below median its 10-year median of 97.62 and 9.7% above the Asset Management industry median of 43.13. Impax Asset Management Group's overall GF Score™ is 63/100 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 Impax Asset Management Group (LSE:IPX), the current Interest Coverage is 47.33 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 Impax Asset Management Group (LSE:IPX) Overvalued in 2026?
Based on GuruFocus' analysis, Impax Asset Management Group stock appears to be undervalued.
The current stock price of £0.99 is trading 59.5% below its estimated GF Value™ of £2.43.
GuruFocus considers Impax Asset Management Group to be Significantly Undervalued.
Key valuation signals for LSE:IPX:
Interest Coverage: 47.33 (52% below median its 10-year median of 97.62)
GF Value™: £2.43 vs. price of £0.99 (59.5% below fair value)
Industry Position: 9.7% above the Asset Management median (#225 of 476)
No single metric tells the full story. See the LSE:IPX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Impax Asset Management Group PLC is an investment firm. It operates in both listed and private markets strategies, investing in the opportunities arising from the transition to a more sustainable economy. The Group is managed on an integrated basis and there is one reportable segment The company offers listed and private equity strategies to institutional clients, with assets under management and advice. Geographically, it derives a majority of revenue from North America and also has a presence in UK; France; Luxembourg; Netherlands; Ireland; Australia and other regions.
63GF Score
Get the complete analysis for LSE:IPX
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LSE:IPX has been successfully added to your 
