Lenovo GroupMEX:992N 44 Interest Coverage is 5.15 as of Mar. 2026, which is 53% above its 10-year median of 3.36. GuruFocus rates MEX:992N with a GF Score™ of 44/100 and a GF Value™ of MXN25.21 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,672 Hardware companies, Lenovo Group ranks worse than 75.36% 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. Lenovo Group's
Operating Income
for the
three
months ended in Mar. 2026 was MXN15,969 Mil. Lenovo Group's Interest Expense for the
three
months ended in Mar. 2026 was MXN-3,101 Mil.
Lenovo Group's interest coverage for the quarter that ended in Mar. 2026 was 5.15.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Lenovo Group's Interest Coverage or its related term are showing as below:
MEX:992N'
s Interest Coverage Range Over the Past 10 Years
Min: 1.49 Med: 3.36 Max: 8.6
Current: 4.77
MEX:992N's Interest Coverage is ranked worse than 75.36% of 1672
companies
in the Hardware industry
Industry Median: 13.73
vs MEX:992N: 4.77
Lenovo Group (MEX:992N) 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 .
Lenovo Group Interest Coverage Related Terms
Lenovo Group Interest Coverage Historical Data
* Premium members only.
The historical data trend for Lenovo 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.
MEX:992N vs SNDK, DELL, STX: Interest Coverage Comparison
For the Computer Hardware subindustry, Lenovo 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.
Lenovo Group Interest Coverage vs Hardware Industry
For the Hardware industry and Technology sector, Lenovo Group's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Lenovo Group's Interest Coverage falls into.
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.
Lenovo Group (MEX:992N) has a Interest Coverage of 5.15 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Lenovo Group and its competitors. This is 53% above median its historical median of 3.36. Over the past decade, Lenovo Group's Interest Coverage has ranged from 1.49 to 8.60. According to the industry distribution chart, Lenovo Group ranks #1260 out of 1672 companies in the Hardware industry, placing it in the top 75.4%.
Is Lenovo Group's Interest Coverage too high?
Lenovo Group's current Interest Coverage of 5.15 is 53% above median its 10-year median of 3.36. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 8.60. The Hardware industry median Interest Coverage is 13.73. Lenovo Group's value of 5.15 is 62.5% below this industry median. Based on the distribution chart, Lenovo Group ranks #1260 out of 1672 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Lenovo Group has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lenovo Group's Interest Coverage compare to SNDK and DELL?
According to the Hardware industry distribution chart, Lenovo Group ranks #1260 out of 1672 companies for Interest Coverage. This places Lenovo Group in the lower half of its industry. The industry median Interest Coverage is 13.73. Lenovo Group's value of 5.15 is 62.5% below this benchmark. Historically, Lenovo Group's own Interest Coverage has ranged from 1.49 to 8.60 over the past decade. While the company's 10-year median is 3.36 vs. the industry median of 13.73, Lenovo 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 a Hardware company?
The median Interest Coverage among Hardware companies is 13.73, based on 1,672 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. Lenovo Group's current Interest Coverage of 5.15 is 62.5% 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 Lenovo Group 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. Lenovo Group's current Interest Coverage is 5.15, which is 53% above median its own 10-year median of 3.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lenovo Group stock overvalued right now?
Based on GuruFocus' analysis, Lenovo Group (MEX:992N) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN25.21, compared to a current price of MXN50.86 — trading 101.7% above its estimated fair value. The current Interest Coverage is 5.15, which is 53% above median its 10-year median of 3.36 and 62.5% below the Hardware industry median of 13.73. Lenovo Group's overall GF Score™ is 44/100 with 8 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 Lenovo Group (MEX:992N), the current Interest Coverage is 5.15 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 Lenovo Group (MEX:992N) Overvalued in 2026?
Based on GuruFocus' analysis, Lenovo Group stock appears to be overvalued.
The current stock price of MXN50.86 is trading 101.7% above its estimated GF Value™ of MXN25.21.
GuruFocus considers Lenovo Group to be Significantly Overvalued.
Key valuation signals for MEX:992N:
Interest Coverage: 5.15 (53% above median its 10-year median of 3.36)
GF Value™: MXN25.21 vs. price of MXN50.86 (101.7% above fair value)
Industry Position: 62.5% below the Hardware median (#1260 of 1672)
No single metric tells the full story. See the MEX:992N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lenovo is a global technology hardware company with a leading market share in personal computers. The firm has been actively growing its data center business, which primarily sells network servers to enterprise and hyperscale customers, as well as storage equipment through its mainland China joint venture with NetApp. Server-related revenue contribution has jumped to 23% of overall sales in fiscal 2025, from 6% in 2015.
44GF Score
Get the complete analysis for MEX:992N
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
MEX:992N has been successfully added to your 
