MetroMEX:MRUN 84 Interest Coverage is 9.22 as of Mar. 2026, which is 1% below its 10-year median of 9.34. GuruFocus rates MEX:MRUN with a GF Score™ of 84/100 and a GF Value™ of MXN1,104.00. Among 254 Retail - Defensive companies, Metro ranks better than 51.18% 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. Metro's
Operating Income
for the
three
months ended in Mar. 2026 was MXN4,520 Mil. Metro's Interest Expense for the
three
months ended in Mar. 2026 was MXN-490 Mil.
Metro's interest coverage for the quarter that ended in Mar. 2026 was 9.22.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Metro's Interest Coverage or its related term are showing as below:
MEX:MRUN'
s Interest Coverage Range Over the Past 10 Years
Min: 7.7 Med: 9.34 Max: 11.88
Current: 9.73
MEX:MRUN's Interest Coverage is ranked better than 51.18% of 254
companies
in the Retail - Defensive industry
Industry Median: 9.065
vs MEX:MRUN: 9.73
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 .
Metro Interest Coverage Related Terms
Metro Interest Coverage Historical Data
* Premium members only.
The historical data trend for Metro'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:MRUN vs KR, SFM, ACI: Interest Coverage Comparison
For the Grocery Stores subindustry, Metro'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.
Metro Interest Coverage vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Metro's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Metro'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.
Metro (MEX:MRUN) has a Interest Coverage of 9.22 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Metro and its competitors. This is near median its historical median of 9.34. Over the past decade, Metro's Interest Coverage has ranged from 7.70 to 11.88. According to the industry distribution chart, Metro ranks #124 out of 254 companies in the Retail - Defensive industry, placing it in the top 48.8%.
Is Metro's Interest Coverage too high?
Metro's current Interest Coverage of 9.22 is near median its 10-year median of 9.34. Over the past 10 years, this metric has ranged from a low of 7.70 to a high of 11.88. The Retail - Defensive industry median Interest Coverage is 9.07. Metro's value of 9.22 is 1.7% above this industry median. Based on the distribution chart, Metro ranks #124 out of 254 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Metro has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Metro's Interest Coverage compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Metro ranks #124 out of 254 companies for Interest Coverage. This puts Metro in the upper half of its industry. The industry median Interest Coverage is 9.07. Metro's value of 9.22 is 1.7% above this benchmark. Historically, Metro's own Interest Coverage has ranged from 7.70 to 11.88 over the past decade. While the company's 10-year median is 9.34 vs. the industry median of 9.07, Metro has consistently been above 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 Retail - Defensive company?
The median Interest Coverage among Retail - Defensive companies is 9.07, based on 254 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. Metro's current Interest Coverage of 9.22 is 1.7% above 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 Metro and its competitors. For the Retail - Defensive industry, the median Interest Coverage is 9.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metro's current Interest Coverage is 9.22, which is near median its own 10-year median of 9.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metro stock overvalued right now?
Metro (MEX:MRUN) has a current Interest Coverage of 9.22. The stock's GF Value™ is MXN1,104.00, compared to a current price of MXN1,065.12 — trading 3.5% below its estimated fair value. The current Interest Coverage is 9.22, which is near median its 10-year median of 9.34 and 1.7% above the Retail - Defensive industry median of 9.07. Metro's overall GF Score™ is 84/100. 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 Metro (MEX:MRUN), the current Interest Coverage is 9.22 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 Metro (MEX:MRUN) Overvalued in 2026?
Based on GuruFocus' analysis, Metro stock appears to be undervalued.
The current stock price of MXN1,065.12 is trading 3.5% below its estimated GF Value™ of MXN1,104.00.
Key valuation signals for MEX:MRUN:
Interest Coverage: 9.22 (near median its 10-year median of 9.34)
GF Value™: MXN1,104.00 vs. price of MXN1,065.12 (3.5% below fair value)
Industry Position: 1.7% above the Retail - Defensive median (#124 of 254)
No single metric tells the full story. See the MEX:MRUN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Metro is the third-largest grocery retailer in Canada (behind Loblaws and Sobeys) and also owns the top pharmacy chain in Quebec, Jean Coutu, following the 2018 acquisition. Its grocery banners include supermarket chain Metro, discounters Super C and Food Basics, and ethnic food grocer Adonis, while its pharmacies primarily operate under the Jean Coutu and Brunet trademarks. Metro operates both as a food retailer and a franchisor, licensing its trademarks and supplying merchandise to registered pharmacists. The firm also acts as a wholesaler and distributor to serve smaller, neighborhood grocery stores. Unlike peers Loblaws and Sobeys that operate chain stores across Canada, Metro's operations are concentrated in Quebec and Ontario, with no presence in western Canada.
84GF Score
Get the complete analysis for MEX:MRUN
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