Birkenstock HoldingMEX:BIRKN 64 Interest Coverage is 4.80 as of Mar. 2026, which is 25% above its 10-year median of 3.84. GuruFocus rates MEX:BIRKN with a GF Score™ of 64/100 and a GF Value™ of MXN1,115.69 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 742 Manufacturing - Apparel & Accessories companies, Birkenstock Holding ranks better than 58.09% 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. Birkenstock Holding's
Operating Income
for the
three
months ended in Mar. 2026 was MXN3,386 Mil. Birkenstock Holding's Interest Expense for the
three
months ended in Mar. 2026 was MXN-705 Mil.
Birkenstock Holding's interest coverage for the quarter that ended in Mar. 2026 was 4.80.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Birkenstock Holding's Interest Coverage or its related term are showing as below:
MEX:BIRKN'
s Interest Coverage Range Over the Past 10 Years
Min: 2.41 Med: 3.84 Max: 8.04
Current: 8.04
MEX:BIRKN's Interest Coverage is ranked better than 58.09% of 742
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.435
vs MEX:BIRKN: 8.04
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 .
Birkenstock Holding Interest Coverage Related Terms
Birkenstock Holding Interest Coverage Historical Data
* Premium members only.
The historical data trend for Birkenstock Holding'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:BIRKN vs CROX, SHOO, ONON: Interest Coverage Comparison
For the Footwear & Accessories subindustry, Birkenstock Holding'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.
Birkenstock Holding Interest Coverage vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Birkenstock Holding's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Birkenstock Holding'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.
Birkenstock Holding (MEX:BIRKN) has a Interest Coverage of 4.80 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Birkenstock Holding and its competitors. This is 25% above median its historical median of 3.84. Over the past decade, Birkenstock Holding's Interest Coverage has ranged from 2.41 to 8.04. According to the industry distribution chart, Birkenstock Holding ranks #311 out of 742 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 41.9%.
Is Birkenstock Holding's Interest Coverage too high?
Birkenstock Holding's current Interest Coverage of 4.80 is 25% above median its 10-year median of 3.84. Over the past 10 years, this metric has ranged from a low of 2.41 to a high of 8.04. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.44. Birkenstock Holding's value of 4.80 is 11.7% below this industry median. Based on the distribution chart, Birkenstock Holding ranks #311 out of 742 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Birkenstock Holding has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Birkenstock Holding's Interest Coverage compare to CROX and SHOO?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Birkenstock Holding ranks #311 out of 742 companies for Interest Coverage. This puts Birkenstock Holding in the upper half of its industry. The industry median Interest Coverage is 5.44. Birkenstock Holding's value of 4.80 is 11.7% below this benchmark. Historically, Birkenstock Holding's own Interest Coverage has ranged from 2.41 to 8.04 over the past decade. While the company's 10-year median is 3.84 vs. the industry median of 5.44, Birkenstock Holding 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 Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.44, based on 742 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. Birkenstock Holding's current Interest Coverage of 4.80 is 11.7% 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 Birkenstock Holding and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Birkenstock Holding's current Interest Coverage is 4.80, which is 25% above median its own 10-year median of 3.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Birkenstock Holding stock overvalued right now?
Based on GuruFocus' analysis, Birkenstock Holding (MEX:BIRKN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN1,115.69, compared to a current price of MXN729.88 — trading 34.6% below its estimated fair value. The current Interest Coverage is 4.80, which is 25% above median its 10-year median of 3.84 and 11.7% below the Manufacturing - Apparel & Accessories industry median of 5.44. Birkenstock Holding's overall GF Score™ is 64/100 with 2 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 Birkenstock Holding (MEX:BIRKN), the current Interest Coverage is 4.80 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 Birkenstock Holding (MEX:BIRKN) Overvalued in 2026?
Based on GuruFocus' analysis, Birkenstock Holding stock appears to be undervalued.
The current stock price of MXN729.88 is trading 34.6% below its estimated GF Value™ of MXN1,115.69.
GuruFocus considers Birkenstock Holding to be Significantly Undervalued.
Key valuation signals for MEX:BIRKN:
Interest Coverage: 4.80 (25% above median its 10-year median of 3.84)
GF Value™: MXN1,115.69 vs. price of MXN729.88 (34.6% below fair value)
Industry Position: 11.7% below the Manufacturing - Apparel & Accessories median (#311 of 742)
No single metric tells the full story. See the MEX:BIRKN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Birkenstock is a German footwear brand known for comfort-focused, timeless designs, with 76% of 2022 sales coming from its top five iconic models. Products are made in Europe using sustainable, mostly locally sourced materials. The brand combines orthopedic function with everyday style, appealing to a broad audience. The Americas account for 52% of sales, EMEA 37%, with the remainder coming from Asia-Pacific, which has also the higher future growth expectations.
64GF Score
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