Conagra BrandsMEX:CAG 37 Interest Coverage is 2.99 as of Feb. 2026, which is 23% below its 10-year median of 3.87. GuruFocus rates MEX:CAG with a GF Score™ of 37/100 and a GF Value™ of MXN431.50 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,508 Consumer Packaged Goods companies, Conagra Brands ranks worse than 72.68% 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. Conagra Brands's
Operating Income
for the
three
months ended in Feb. 2026 was MXN4,824 Mil. Conagra Brands's Interest Expense for the
three
months ended in Feb. 2026 was MXN-1,612 Mil.
Conagra Brands's interest coverage for the quarter that ended in Feb. 2026 was 2.99.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Conagra Brands's Interest Coverage or its related term are showing as below:
MEX:CAG'
s Interest Coverage Range Over the Past 10 Years
Min: 1.36 Med: 3.87 Max: 5.87
Current: 3.39
MEX:CAG's Interest Coverage is ranked worse than 72.68% of 1508
companies
in the Consumer Packaged Goods industry
Industry Median: 8.6
vs MEX:CAG: 3.39
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 .
Conagra Brands Interest Coverage Related Terms
Conagra Brands Interest Coverage Historical Data
* Premium members only.
The historical data trend for Conagra Brands'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:CAG vs CPB, PPC, LW: Interest Coverage Comparison
For the Packaged Foods subindustry, Conagra Brands'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.
Conagra Brands Interest Coverage vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Conagra Brands's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Conagra Brands'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.
Conagra Brands (MEX:CAG) has a Interest Coverage of 2.99 as of Feb. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Conagra Brands and its competitors. This is 23% below median its historical median of 3.87. Over the past decade, Conagra Brands' Interest Coverage has ranged from 1.36 to 5.87. According to the industry distribution chart, Conagra Brands ranks #1096 out of 1508 companies in the Consumer Packaged Goods industry, placing it in the top 72.7%.
Is Conagra Brands' Interest Coverage too high?
Conagra Brands' current Interest Coverage of 2.99 is 23% below median its 10-year median of 3.87. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 5.87. The Consumer Packaged Goods industry median Interest Coverage is 8.60. Conagra Brands' value of 2.99 is 65.2% below this industry median. Based on the distribution chart, Conagra Brands ranks #1096 out of 1508 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Conagra Brands has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Conagra Brands' Interest Coverage compare to CPB and PPC?
According to the Consumer Packaged Goods industry distribution chart, Conagra Brands ranks #1096 out of 1508 companies for Interest Coverage. This places Conagra Brands in the lower half of its industry. The industry median Interest Coverage is 8.60. Conagra Brands' value of 2.99 is 65.2% below this benchmark. Historically, Conagra Brands' own Interest Coverage has ranged from 1.36 to 5.87 over the past decade. While the company's 10-year median is 3.87 vs. the industry median of 8.60, Conagra Brands 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 Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.60, based on 1,508 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. Conagra Brands's current Interest Coverage of 2.99 is 65.2% 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 Conagra Brands and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Conagra Brands's current Interest Coverage is 2.99, which is 23% below median its own 10-year median of 3.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conagra Brands stock overvalued right now?
Based on GuruFocus' analysis, Conagra Brands (MEX:CAG) is currently considered Possible Value Trap. The stock's GF Value™ is MXN431.50, compared to a current price of MXN236.22 — trading 45.3% below its estimated fair value. The current Interest Coverage is 2.99, which is 23% below median its 10-year median of 3.87 and 65.2% below the Consumer Packaged Goods industry median of 8.60. Conagra Brands' overall GF Score™ is 37/100 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 Conagra Brands (MEX:CAG), the current Interest Coverage is 2.99 as of Feb. 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 Conagra Brands (MEX:CAG) Overvalued in 2026?
Based on GuruFocus' analysis, Conagra Brands stock appears to be undervalued.
The current stock price of MXN236.22 is trading 45.3% below its estimated GF Value™ of MXN431.50.
GuruFocus considers Conagra Brands to be Possible Value Trap.
Key valuation signals for MEX:CAG:
Interest Coverage: 2.99 (23% below median its 10-year median of 3.87)
GF Value™: MXN431.50 vs. price of MXN236.22 (45.3% below fair value)
Industry Position: 65.2% below the Consumer Packaged Goods median (#1096 of 1508)
No single metric tells the full story. See the MEX:CAG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Conagra Brands is a packaged food company that operates predominantly in the United States (91% of fiscal 2025 revenue). Most of its revenue comes from frozen food, including brands like Marie Callender's, Healthy Choice, Banquet, and Birds Eye. Conagra also sells snacks, shelf-stable staples, and refrigerated food through brands like Duncan Hines, Hunt's, Slim Jim, Vlasic, Orville Redenbacher's, Reddi-wip, and Wish-Bone. The company primarily sells through the US retail channel, with just 9% of fiscal 2025 revenue coming from international markets and 9% from foodservice.
37GF Score
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