Manulife FinancialMEX:MFCN 70 Interest Coverage is 4.77 as of Mar. 2026, which is 11% below its 10-year median of 5.33. GuruFocus rates MEX:MFCN with a GF Score™ of 70/100 and a GF Value™ of MXN441.09. The stock has 8 warning signs investors should review. Among 353 Insurance companies, Manulife Financial ranks worse than 72.8% 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
EBIT
by its Interest Expense. Manulife Financial's
EBIT
for the
three
months ended in Mar. 2026 was MXN24,381 Mil. Manulife Financial's Interest Expense for the
three
months ended in Mar. 2026 was MXN-5,113 Mil.
Manulife Financial's interest coverage for the quarter that ended in Mar. 2026 was 4.77.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Manulife Financial's Interest Coverage or its related term are showing as below:
MEX:MFCN'
s Interest Coverage Range Over the Past 10 Years
Min: 3.2 Med: 5.33 Max: 9.04
Current: 6.1
MEX:MFCN's Interest Coverage is ranked worse than 72.8% of 353
companies
in the Insurance industry
Industry Median: 16.26
vs MEX:MFCN: 6.10
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 .
Manulife Financial Interest Coverage Related Terms
Manulife Financial Interest Coverage Historical Data
* Premium members only.
The historical data trend for Manulife Financial'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:MFCN vs AFL, MET, PRU: Interest Coverage Comparison
For the Insurance - Life subindustry, Manulife Financial'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.
Manulife Financial Interest Coverage vs Insurance Industry
For the Insurance industry and Financial Services sector, Manulife Financial's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Manulife Financial'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.
Manulife Financial (MEX:MFCN) has a Interest Coverage of 4.77 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Manulife Financial and its competitors. This is 11% below median its historical median of 5.33. Over the past decade, Manulife Financial's Interest Coverage has ranged from 3.20 to 9.04. According to the industry distribution chart, Manulife Financial ranks #257 out of 353 companies in the Insurance industry, placing it in the top 72.8%.
Is Manulife Financial's Interest Coverage too high?
Manulife Financial's current Interest Coverage of 4.77 is 11% below median its 10-year median of 5.33. Over the past 10 years, this metric has ranged from a low of 3.20 to a high of 9.04. The Insurance industry median Interest Coverage is 16.26. Manulife Financial's value of 4.77 is 70.7% below this industry median. Based on the distribution chart, Manulife Financial ranks #257 out of 353 companies in the Insurance industry, which is below the industry midpoint. Overall, Manulife Financial has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Manulife Financial's Interest Coverage compare to AFL and MET?
According to the Insurance industry distribution chart, Manulife Financial ranks #257 out of 353 companies for Interest Coverage. This places Manulife Financial in the lower half of its industry. The industry median Interest Coverage is 16.26. Manulife Financial's value of 4.77 is 70.7% below this benchmark. Historically, Manulife Financial's own Interest Coverage has ranged from 3.20 to 9.04 over the past decade. While the company's 10-year median is 5.33 vs. the industry median of 16.26, Manulife Financial 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 an Insurance company?
The median Interest Coverage among Insurance companies is 16.26, based on 353 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. Manulife Financial's current Interest Coverage of 4.77 is 70.7% 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 Manulife Financial and its competitors. For the Insurance industry, the median Interest Coverage is 16.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manulife Financial's current Interest Coverage is 4.77, which is 11% below median its own 10-year median of 5.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manulife Financial stock overvalued right now?
Manulife Financial (MEX:MFCN) has a current Interest Coverage of 4.77. The stock's GF Value™ is MXN441.09, compared to a current price of MXN574.00 — trading 30.1% above its estimated fair value. The current Interest Coverage is 4.77, which is 11% below median its 10-year median of 5.33 and 70.7% below the Insurance industry median of 16.26. Manulife Financial's overall GF Score™ is 70/100 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 Manulife Financial (MEX:MFCN), the current Interest Coverage is 4.77 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 Manulife Financial (MEX:MFCN) Overvalued in 2026?
Based on GuruFocus' analysis, Manulife Financial stock appears to be overvalued.
The current stock price of MXN574.00 is trading 30.1% above its estimated GF Value™ of MXN441.09.
Key valuation signals for MEX:MFCN:
Interest Coverage: 4.77 (11% below median its 10-year median of 5.33)
GF Value™: MXN441.09 vs. price of MXN574.00 (30.1% above fair value)
Industry Position: 70.7% below the Insurance median (#257 of 353)
No single metric tells the full story. See the MEX:MFCN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Manulife Financial is one of the Big Three Canadian life insurers. The firm provides life insurance, annuities, asset management, and wealth management products to individuals and group customers in Canada, the United States, and Asia. The Canadian business segment contributes approximately 21% of 2025 adjusted earnings. The Asia segment operates across 12 countries and contributes around 38% of earnings, with a significant presence in Hong Kong and Singapore. The US business, which primarily operates under the John Hancock brand, contributes about 16% of earnings. Manulife's global asset and wealth management business contributes approximately 25% of its earnings and had around CAD 1.1 trillion in assets under management and administration as of the end of 2025.
70GF Score
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