MBPFF (Mitchells & Butlers) Interest Coverage: 3.69 (As of Mar. 2026) — 50% Above Median


MBPFF Mitchells & Butlers PLC MBPFF
81 GF Score
Price $3.41
GF Value $3.83
! 4 Warning Signs
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What is Mitchells & Butlers Interest Coverage?

Mitchells & Butlers MBPFF -7.71% 81 Interest Coverage is 3.69 as of Mar. 2026, which is 50% above its 10-year median of 2.46. GuruFocus rates MBPFF with a GF Score™ of 81/100 and a GF Value™ of $3.83. The stock has 4 warning signs investors should review. Among 262 Restaurants companies, Mitchells & Butlers ranks worse than 65.27% 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. Mitchells & Butlers's Operating Income for the six months ended in Mar. 2026 was $241 Mil. Mitchells & Butlers's Interest Expense for the six months ended in Mar. 2026 was $-65 Mil. Mitchells & Butlers's interest coverage for the quarter that ended in Mar. 2026 was 3.69. The higher the ratio, the stronger the company's financial strength is.

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

MBPFF' s Interest Coverage Range Over the Past 10 Years
Min: 0.23   Med: 2.46   Max: 3.51
Current: 3.51


MBPFF's Interest Coverage is ranked worse than
65.27% of 262 companies
in the Restaurants industry
Industry Median: 6.45 vs MBPFF: 3.51

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


Mitchells & Butlers  (OTCPK:MBPFF) 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 .


Mitchells & Butlers Interest Coverage Related Terms


Mitchells & Butlers Interest Coverage Historical Data

* Premium members only.

The historical data trend for Mitchells & Butlers'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.

Mitchells & Butlers Interest Coverage Chart

Mitchells & Butlers 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 0.23 2.08 1.94 2.86 3.30

Mitchells & Butlers Semi-Annual Data
Sep16 Mar17 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 Premium Member Only 2.73 3.02 3.29 3.31 3.69

MBPFF vs MCD, SBUX, CMG: Interest Coverage Comparison

For the Restaurants subindustry, Mitchells & Butlers'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.


Mitchells & Butlers Interest Coverage vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Mitchells & Butlers's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Mitchells & Butlers's Interest Coverage falls into.


MBPFF
81GF Score
Mitchells & Butlers PLC MBPFF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitchells & Butlers 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.

Mitchells & Butlers'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, Mitchells & Butlers's Interest Expense was $-135 Mil. Its Operating Income was $446 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,746 Mil.

Interest Coverage=-1* Operating Income (A: Sep. 2025 )/Interest Expense (A: Sep. 2025 )
=-1*445.946/-135.135
=3.30

Mitchells & Butlers's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Mitchells & Butlers's Interest Expense was $-65 Mil. Its Operating Income was $241 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,595 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*241.333/-65.333
=3.69

* 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 3.69 mean?
Mitchells & Butlers (MBPFF) has a Interest Coverage of 3.69 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mitchells & Butlers and its competitors. This is 50% above median its historical median of 2.46. Over the past decade, Mitchells & Butlers' Interest Coverage has ranged from 0.23 to 3.51. According to the industry distribution chart, Mitchells & Butlers ranks #171 out of 262 companies in the Restaurants industry, placing it in the top 65.3%.
Is Mitchells & Butlers' Interest Coverage too high?
Mitchells & Butlers' current Interest Coverage of 3.69 is 50% above median its 10-year median of 2.46. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 3.51. The Restaurants industry median Interest Coverage is 6.45. Mitchells & Butlers' value of 3.69 is 42.8% below this industry median. Based on the distribution chart, Mitchells & Butlers ranks #171 out of 262 companies in the Restaurants industry, which is below the industry midpoint. Overall, Mitchells & Butlers has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Mitchells & Butlers' Interest Coverage compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Mitchells & Butlers ranks #171 out of 262 companies for Interest Coverage. This places Mitchells & Butlers in the lower half of its industry. The industry median Interest Coverage is 6.45. Mitchells & Butlers' value of 3.69 is 42.8% below this benchmark. Historically, Mitchells & Butlers' own Interest Coverage has ranged from 0.23 to 3.51 over the past decade. While the company's 10-year median is 2.46 vs. the industry median of 6.45, Mitchells & Butlers 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 a Restaurants company?
The median Interest Coverage among Restaurants companies is 6.45, based on 262 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. Mitchells & Butlers's current Interest Coverage of 3.69 is 42.8% 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 Mitchells & Butlers and its competitors. For the Restaurants industry, the median Interest Coverage is 6.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitchells & Butlers's current Interest Coverage is 3.69, which is 50% above median its own 10-year median of 2.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitchells & Butlers stock overvalued right now?
Mitchells & Butlers (MBPFF) has a current Interest Coverage of 3.69. The stock's GF Value™ is $3.83, compared to a current price of $3.41 — trading 11% below its estimated fair value. The current Interest Coverage is 3.69, which is 50% above median its 10-year median of 2.46 and 42.8% below the Restaurants industry median of 6.45. Mitchells & Butlers' overall GF Score™ is 81/100 with 4 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 Mitchells & Butlers (MBPFF), the current Interest Coverage is 3.69 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 Mitchells & Butlers (MBPFF) Overvalued in 2026?

Based on GuruFocus' analysis, Mitchells & Butlers stock appears to be undervalued. The current stock price of $3.41 is trading 11% below its estimated GF Value™ of $3.83.

Key valuation signals for MBPFF:

  • Interest Coverage: 3.69 (50% above median its 10-year median of 2.46)
  • GF Value™: $3.83 vs. price of $3.41 (11% below fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 42.8% below the Restaurants median (#171 of 262)

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


Mitchells & Butlers Business Description

Other Exchanges MABl:UKMAB:UKMABB:Germany
Address 27 Fleet Street, Birmingham, GBR, B3 1JP
Mitchells & Butlers PLC operates and manages pubs and pub restaurants in the United Kingdom and Germany. The group's properties operate under the brands Vintage Inns, Stonehouse, Toby Carvery, Harvester, Sizzling Pub Co., All Bar One, Ember Inns, and others. Its geographic segments include the UK and Germany of which it generates the majority of its revenue from the UK.
81GF Score

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

$3.41
Price
$3.83
GF Value