Grupo TMM (MEX:TMMA) Interest Coverage: 1.29 (As of Mar. 2026) — 31% Below Median

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MEX:TMMA Grupo TMM SA MEX:TMMA
45 GF Score
Price MXN10.00
GF Value MXN4.62
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Grupo TMM Interest Coverage?

Grupo TMM MEX:TMMA 45 Interest Coverage is 1.29 as of Mar. 2026, which is 31% below its 10-year median of 1.86. GuruFocus rates MEX:TMMA with a GF Score™ of 45/100 and a GF Value™ of MXN4.62 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 842 Transportation companies, Grupo TMM ranks worse than 76.25% 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. Grupo TMM's Operating Income for the three months ended in Mar. 2026 was MXN26 Mil. Grupo TMM's Interest Expense for the three months ended in Mar. 2026 was MXN-21 Mil. Grupo TMM's interest coverage for the quarter that ended in Mar. 2026 was 1.29. The higher the ratio, the stronger the company's financial strength is.

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

MEX:TMMA' s Interest Coverage Range Over the Past 10 Years
Min: 0.05   Med: 1.86   Max: 4.92
Current: 2.3


MEX:TMMA's Interest Coverage is ranked worse than
76.25% of 842 companies
in the Transportation industry
Industry Median: 5.77 vs MEX:TMMA: 2.30

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


Grupo TMM  (MEX:TMMA) 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 .


Grupo TMM Interest Coverage Related Terms


Grupo TMM Interest Coverage Historical Data

* Premium members only.

The historical data trend for Grupo TMM'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.

Grupo TMM Interest Coverage Chart

Grupo TMM 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 0.00 1.86 0.23 4.92 2.49

Grupo TMM 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 2.39 2.37 3.45 1.75 1.29

MEX:TMMA vs KEX: Interest Coverage Comparison

For the Marine Shipping subindustry, Grupo TMM'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.


Grupo TMM Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, Grupo TMM's Interest Coverage distribution charts can be found below:

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


MEX:TMMA
45GF Score
Grupo TMM SA MEX:TMMA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grupo TMM 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.

Grupo TMM'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, Grupo TMM's Interest Expense was MXN-125 Mil. Its Operating Income was MXN312 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN939 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*311.821/-125.323
=2.49

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

Here, for the three months ended in Mar. 2026, Grupo TMM's Interest Expense was MXN-21 Mil. Its Operating Income was MXN26 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN866 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*26.4/-20.5
=1.29

* 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 1.29 mean?
Grupo TMM (MEX:TMMA) has a Interest Coverage of 1.29 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Grupo TMM and its competitors. This is 31% below median its historical median of 1.86. Over the past decade, Grupo TMM's Interest Coverage has ranged from 0.05 to 4.92. According to the industry distribution chart, Grupo TMM ranks #642 out of 842 companies in the Transportation industry, placing it in the top 76.2%.
Is Grupo TMM's Interest Coverage too high?
Grupo TMM's current Interest Coverage of 1.29 is 31% below median its 10-year median of 1.86. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 4.92. The Transportation industry median Interest Coverage is 5.77. Grupo TMM's value of 1.29 is 77.6% below this industry median. Based on the distribution chart, Grupo TMM ranks #642 out of 842 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Grupo TMM has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grupo TMM's Interest Coverage compare to KEX?
According to the Transportation industry distribution chart, Grupo TMM ranks #642 out of 842 companies for Interest Coverage. This places Grupo TMM in the lower half of its industry. The industry median Interest Coverage is 5.77. Grupo TMM's value of 1.29 is 77.6% below this benchmark. Historically, Grupo TMM's own Interest Coverage has ranged from 0.05 to 4.92 over the past decade. While the company's 10-year median is 1.86 vs. the industry median of 5.77, Grupo TMM 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 Transportation company?
The median Interest Coverage among Transportation companies is 5.77, based on 842 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. Grupo TMM's current Interest Coverage of 1.29 is 77.6% 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 Grupo TMM and its competitors. For the Transportation industry, the median Interest Coverage is 5.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grupo TMM's current Interest Coverage is 1.29, which is 31% below median its own 10-year median of 1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo TMM stock overvalued right now?
Based on GuruFocus' analysis, Grupo TMM (MEX:TMMA) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN4.62, compared to a current price of MXN10.00 — trading 116.5% above its estimated fair value. The current Interest Coverage is 1.29, which is 31% below median its 10-year median of 1.86 and 77.6% below the Transportation industry median of 5.77. Grupo TMM's overall GF Score™ is 45/100 with 4 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 Grupo TMM (MEX:TMMA), the current Interest Coverage is 1.29 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 Grupo TMM (MEX:TMMA) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo TMM stock appears to be overvalued. The current stock price of MXN10.00 is trading 116.5% above its estimated GF Value™ of MXN4.62. GuruFocus considers Grupo TMM to be Significantly Overvalued.

Key valuation signals for MEX:TMMA:

  • Interest Coverage: 1.29 (31% below median its 10-year median of 1.86)
  • GF Value™: MXN4.62 vs. price of MXN10.00 (116.5% above fair value)
  • GF Score™: 45/100 with 4 warning signs
  • Industry Position: 77.6% below the Transportation median (#642 of 842)

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


Grupo TMM Business Description

Other Exchanges GTMAY:USA
Address Convento de Acolman 58-B, Colonia Jardines de Santa Monica, Mexico, MEX, 54050
Grupo TMM SA is an integrated logistics and transportation company in Mexico. It provides dynamic ocean transportation services to various international and domestic clients. The company operates through four segments: the Maritime division, the Maritime Infrastructure division, the Logistics, Ports and terminals division, and the Warehousing division. The Maritime division includes transporting bulk liquid products, materials, provisions for drilling platforms, and ship towing services. The Logistics segment provides trucking services to various manufacturers and retailers. Operations at ports and terminals assist in loading and unloading, storage at maritime port terminals, and shipping agency operations. The warehousing segment includes storage and management of the facilities.
45GF Score

Get the complete analysis for MEX:TMMA

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

MXN10.00
Price
MXN4.62
GF Value