MMGRF (Momentum Group AB) Interest Coverage: 8.00 (As of Mar. 2026) — 64% Below Median


MMGRF Momentum Group AB MMGRF
65 GF Score
Price $11.69
GF Value $18.54
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Momentum Group AB Interest Coverage?

Momentum Group AB MMGRF 65 Interest Coverage is 8.00 as of Mar. 2026, which is 64% below its 10-year median of 22.14. GuruFocus rates MMGRF with a GF Score™ of 65/100 and a GF Value™ of $18.54 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 131 Industrial Distribution companies, Momentum Group AB ranks better than 60.31% 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. Momentum Group AB's Operating Income for the three months ended in Mar. 2026 was $6.0 Mil. Momentum Group AB's Interest Expense for the three months ended in Mar. 2026 was $-0.8 Mil. Momentum Group AB's interest coverage for the quarter that ended in Mar. 2026 was 8.00. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Momentum Group AB's Interest Coverage or its related term are showing as below:

MMGRF' s Interest Coverage Range Over the Past 10 Years
Min: 8.53   Med: 22.14   Max: 55.5
Current: 9.13


MMGRF's Interest Coverage is ranked better than
60.31% of 131 companies
in the Industrial Distribution industry
Industry Median: 6.74 vs MMGRF: 9.13

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


Momentum Group AB  (OTCPK:MMGRF) 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 .


Momentum Group AB Interest Coverage Related Terms


Momentum Group AB Interest Coverage Historical Data

* Premium members only.

The historical data trend for Momentum Group AB'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.

Momentum Group AB Interest Coverage Chart

Momentum Group AB Annual Data
Trend Mar18 Mar19 Mar20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 22.15 26.41 12.48 8.53 9.30

Momentum Group AB 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 8.71 9.75 9.00 9.83 8.00

MMGRF vs GWW, FAST, FERG: Interest Coverage Comparison

For the Industrial Distribution subindustry, Momentum Group AB'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.


Momentum Group AB Interest Coverage vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Momentum Group AB's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Momentum Group AB's Interest Coverage falls into.


MMGRF
65GF Score
Momentum Group AB MMGRF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Momentum Group AB 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.

Momentum Group AB'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, Momentum Group AB's Interest Expense was $-3.2 Mil. Its Operating Income was $30.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $49.6 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*30.021/-3.228
=9.30

Momentum Group AB's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Momentum Group AB's Interest Expense was $-0.8 Mil. Its Operating Income was $6.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $49.5 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*6.01/-0.751
=8.00

* 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 8.00 mean?
Momentum Group AB (MMGRF) has a Interest Coverage of 8.00 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Momentum Group AB and its competitors. This is 64% below median its historical median of 22.14. Over the past decade, Momentum Group AB's Interest Coverage has ranged from 8.53 to 55.50. According to the industry distribution chart, Momentum Group AB ranks #52 out of 131 companies in the Industrial Distribution industry, placing it in the top 39.7%.
Is Momentum Group AB's Interest Coverage too high?
Momentum Group AB's current Interest Coverage of 8.00 is 64% below median its 10-year median of 22.14. Over the past 10 years, this metric has ranged from a low of 8.53 to a high of 55.50. The Industrial Distribution industry median Interest Coverage is 6.74. Momentum Group AB's value of 8.00 is 18.7% above this industry median. Based on the distribution chart, Momentum Group AB ranks #52 out of 131 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Momentum Group AB has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Momentum Group AB's Interest Coverage compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Momentum Group AB ranks #52 out of 131 companies for Interest Coverage. This puts Momentum Group AB in the upper half of its industry. The industry median Interest Coverage is 6.74. Momentum Group AB's value of 8.00 is 18.7% above this benchmark. Historically, Momentum Group AB's own Interest Coverage has ranged from 8.53 to 55.50 over the past decade. While the company's 10-year median is 22.14 vs. the industry median of 6.74, Momentum Group AB 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 an Industrial Distribution company?
The median Interest Coverage among Industrial Distribution companies is 6.74, based on 131 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. Momentum Group AB's current Interest Coverage of 8.00 is 18.7% 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 Momentum Group AB and its competitors. For the Industrial Distribution industry, the median Interest Coverage is 6.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Momentum Group AB's current Interest Coverage is 8.00, which is 64% below median its own 10-year median of 22.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Momentum Group AB stock overvalued right now?
Based on GuruFocus' analysis, Momentum Group AB (MMGRF) is currently considered Significantly Undervalued. The stock's GF Value™ is $18.54, compared to a current price of $11.69 — trading 36.9% below its estimated fair value. The current Interest Coverage is 8.00, which is 64% below median its 10-year median of 22.14 and 18.7% above the Industrial Distribution industry median of 6.74. Momentum Group AB's overall GF Score™ is 65/100 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 Momentum Group AB (MMGRF), the current Interest Coverage is 8.00 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 Momentum Group AB (MMGRF) Overvalued in 2026?

Based on GuruFocus' analysis, Momentum Group AB stock appears to be undervalued. The current stock price of $11.69 is trading 36.9% below its estimated GF Value™ of $18.54. GuruFocus considers Momentum Group AB to be Significantly Undervalued.

Key valuation signals for MMGRF:

  • Interest Coverage: 8.00 (64% below median its 10-year median of 22.14)
  • GF Value™: $18.54 vs. price of $11.69 (36.9% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 18.7% above the Industrial Distribution median (#52 of 131)

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


Momentum Group AB Business Description

Address Ostermalmsgatan 87 E, Stockholm, SWE, SE-114 59
Momentum Group AB operates, develops, and acquires successful sustainable companies in the Nordic region through active ownership with decentralized profit and business responsibility. The group consists of some companies that together constitute one of the Nordic region's key suppliers of industrial components, industrial services, and other related services in the industrial sector. The Group's operating segments comprise the business areas Industry and Infrastructure. Industry consists of businesses that offer components and related services to aftermarket customers and OEMs in the industrial sector in the Nordic region. Infrastructure consists of businesses offering products, services and solutions to customers in industrial infrastructure that are critical to a functioning society.
65GF Score

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

$11.69
Price
$18.54
GF Value