Befesa (MEX:BFSAN) Interest Coverage: 4.45 (As of Mar. 2026) — Near Median


MEX:BFSAN Befesa SA MEX:BFSAN
75 GF Score
Price MXN600.57
GF Value MXN595.11
Valuation Fairly Valued
! 5 Warning Signs
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What is Befesa Interest Coverage?

Befesa MEX:BFSAN -16.49% 75 Interest Coverage is 4.45 as of Mar. 2026, which is 9% below its 10-year median of 4.87. GuruFocus rates MEX:BFSAN with a GF Score™ of 75/100 and a GF Value™ of MXN595.11 (Fairly Valued). The stock has 5 warning signs investors should review. Among 163 Waste Management companies, Befesa ranks worse than 57.67% 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. Befesa's Operating Income for the three months ended in Mar. 2026 was MXN779 Mil. Befesa's Interest Expense for the three months ended in Mar. 2026 was MXN-175 Mil. Befesa's interest coverage for the quarter that ended in Mar. 2026 was 4.45. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Befesa SA interest coverage is 4.97, which is low.

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

MEX:BFSAN' s Interest Coverage Range Over the Past 10 Years
Min: 1.98   Med: 4.87   Max: 8.88
Current: 4.97


MEX:BFSAN's Interest Coverage is ranked worse than
57.67% of 163 companies
in the Waste Management industry
Industry Median: 5.87 vs MEX:BFSAN: 4.97

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


Befesa  (MEX:BFSAN) 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 .


Befesa Interest Coverage Related Terms


Befesa Interest Coverage Historical Data

* Premium members only.

The historical data trend for Befesa'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.

Befesa Interest Coverage Chart

Befesa Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.88 5.05 2.45 3.05 4.68

Befesa Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 3.44 4.06 4.77 7.04 4.45

MEX:BFSAN vs WM, RSG, WCN: Interest Coverage Comparison

For the Waste Management subindustry, Befesa'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.


Befesa Interest Coverage vs Waste Management Industry

For the Waste Management industry and Industrials sector, Befesa's Interest Coverage distribution charts can be found below:

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


MEX:BFSAN
75GF Score
Befesa SA MEX:BFSAN
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Befesa 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.

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

Here, for the fiscal year that ended in Dec. 2025, Befesa's Interest Expense was MXN-708 Mil. Its Operating Income was MXN3,314 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN13,973 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*3313.618/-708.041
=4.68

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

Here, for the three months ended in Mar. 2026, Befesa's Interest Expense was MXN-175 Mil. Its Operating Income was MXN779 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN13,825 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*778.908/-174.907
=4.45

* 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 4.45 mean?
Befesa (MEX:BFSAN) has a Interest Coverage of 4.45 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Befesa and its competitors. This is near median its historical median of 4.87. Over the past decade, Befesa's Interest Coverage has ranged from 1.98 to 8.88. According to the industry distribution chart, Befesa ranks #94 out of 163 companies in the Waste Management industry, placing it in the top 57.7%.
Is Befesa's Interest Coverage too high?
Befesa's current Interest Coverage of 4.45 is near median its 10-year median of 4.87. Over the past 10 years, this metric has ranged from a low of 1.98 to a high of 8.88. The Waste Management industry median Interest Coverage is 5.87. Befesa's value of 4.45 is 24.2% below this industry median. Based on the distribution chart, Befesa ranks #94 out of 163 companies in the Waste Management industry, which is below the industry midpoint. Overall, Befesa has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Befesa's Interest Coverage compare to WM and RSG?
According to the Waste Management industry distribution chart, Befesa ranks #94 out of 163 companies for Interest Coverage. This places Befesa in the lower half of its industry. The industry median Interest Coverage is 5.87. Befesa's value of 4.45 is 24.2% below this benchmark. Historically, Befesa's own Interest Coverage has ranged from 1.98 to 8.88 over the past decade. While the company's 10-year median is 4.87 vs. the industry median of 5.87, Befesa 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 Waste Management company?
The median Interest Coverage among Waste Management companies is 5.87, based on 163 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. Befesa's current Interest Coverage of 4.45 is 24.2% 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 Befesa and its competitors. For the Waste Management industry, the median Interest Coverage is 5.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Befesa's current Interest Coverage is 4.45, which is near median its own 10-year median of 4.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Befesa stock overvalued right now?
Based on GuruFocus' analysis, Befesa (MEX:BFSAN) is currently considered Fairly Valued. The stock's GF Value™ is MXN595.11, compared to a current price of MXN600.57 — trading 0.9% above its estimated fair value. The current Interest Coverage is 4.45, which is near median its 10-year median of 4.87 and 24.2% below the Waste Management industry median of 5.87. Befesa's overall GF Score™ is 75/100 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 Befesa (MEX:BFSAN), the current Interest Coverage is 4.45 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 Befesa (MEX:BFSAN) Overvalued in 2026?

Based on GuruFocus' analysis, Befesa stock appears to be overvalued. The current stock price of MXN600.57 is trading 0.9% above its estimated GF Value™ of MXN595.11. GuruFocus considers Befesa to be Fairly Valued.

Key valuation signals for MEX:BFSAN:

  • Interest Coverage: 4.45 (near median its 10-year median of 4.87)
  • GF Value™: MXN595.11 vs. price of MXN600.57 (0.9% above fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 24.2% below the Waste Management median (#94 of 163)

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


Befesa Business Description

Address 68-70, Boulevard de la Petrusse, Grand Duchy of Luxembourg, Luxembourg, LUX, L-2320
Befesa SA provides sustainable services for the recycling of hazardous residues from the Steel & Aluminium industry. It operates in two business segments: Steel dust recycling services & Aluminum salt slags recycling services. In the Steel Dust Recycling segment, the company collects & recycles steel dust and other steel residues generated in the production of crude, stainless, and galvanized steel. The Aluminum Salt Slags recycling services are divided into salt slags & secondary aluminum segments. Its secondary aluminum operations include the collection and recycling of aluminum scrap and other aluminum residues. Geographically, it generates the majority of its revenue from Spain, and also has a presence in Germany, Belgium, Finland, the Netherlands, Italy, France, and other countries.
75GF Score

Get the complete analysis for MEX:BFSAN

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

MXN600.57
Price
MXN595.11
GF Value