Manila Water CoMWTCF 95 Interest Coverage is 3.82 as of Mar. 2026, which is 27% below its 10-year median of 5.21. GuruFocus rates MWTCF with a GF Score™ of 95/100 and a GF Value™ of $0.68. The stock has 4 warning signs investors should review. Among 449 Utilities - Regulated companies, Manila Water Co ranks better than 65.26% 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. Manila Water Co's
Operating Income
for the
three
months ended in Mar. 2026 was $101.2 Mil. Manila Water Co's Interest Expense for the
three
months ended in Mar. 2026 was $-26.5 Mil.
Manila Water Co's interest coverage for the quarter that ended in Mar. 2026 was 3.82.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Manila Water Co's Interest Coverage or its related term are showing as below:
MWTCF'
s Interest Coverage Range Over the Past 10 Years
Min: 3.68 Med: 5.21 Max: 7.3
Current: 6.05
MWTCF's Interest Coverage is ranked better than 65.26% of 449
companies
in the Utilities - Regulated industry
Industry Median: 3.78
vs MWTCF: 6.05
Manila Water Co (OTCPK:MWTCF) 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 .
Manila Water Co Interest Coverage Related Terms
Manila Water Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Manila Water Co'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.
MWTCF vs AWK, WTRG, AWR: Interest Coverage Comparison
For the Utilities - Regulated Water subindustry, Manila Water Co'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.
Manila Water Co Interest Coverage vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Manila Water Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Manila Water Co'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.
Manila Water Co (MWTCF) has a Interest Coverage of 3.82 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Manila Water Co and its competitors. This is 27% below median its historical median of 5.21. Over the past decade, Manila Water Co's Interest Coverage has ranged from 3.68 to 7.30. According to the industry distribution chart, Manila Water Co ranks #156 out of 449 companies in the Utilities - Regulated industry, placing it in the top 34.7%.
Is Manila Water Co's Interest Coverage too high?
Manila Water Co's current Interest Coverage of 3.82 is 27% below median its 10-year median of 5.21. Over the past 10 years, this metric has ranged from a low of 3.68 to a high of 7.30. The Utilities - Regulated industry median Interest Coverage is 3.78. Manila Water Co's value of 3.82 is 1.1% above this industry median. Based on the distribution chart, Manila Water Co ranks #156 out of 449 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Manila Water Co has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does Manila Water Co's Interest Coverage compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Manila Water Co ranks #156 out of 449 companies for Interest Coverage. This puts Manila Water Co in the upper half of its industry. The industry median Interest Coverage is 3.78. Manila Water Co's value of 3.82 is 1.1% above this benchmark. Historically, Manila Water Co's own Interest Coverage has ranged from 3.68 to 7.30 over the past decade. While the company's 10-year median is 5.21 vs. the industry median of 3.78, Manila Water Co 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 Utilities - Regulated company?
The median Interest Coverage among Utilities - Regulated companies is 3.78, based on 449 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. Manila Water Co's current Interest Coverage of 3.82 is 1.1% 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 Manila Water Co and its competitors. For the Utilities - Regulated industry, the median Interest Coverage is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manila Water Co's current Interest Coverage is 3.82, which is 27% below median its own 10-year median of 5.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manila Water Co stock overvalued right now?
Manila Water Co (MWTCF) has a current Interest Coverage of 3.82. The stock's GF Value™ is $0.68, compared to a current price of $0.72 — trading 5.5% above its estimated fair value. The current Interest Coverage is 3.82, which is 27% below median its 10-year median of 5.21 and 1.1% above the Utilities - Regulated industry median of 3.78. Manila Water Co's overall GF Score™ is 95/100 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 Manila Water Co (MWTCF), the current Interest Coverage is 3.82 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 Manila Water Co (MWTCF) Overvalued in 2026?
Based on GuruFocus' analysis, Manila Water Co stock appears to be overvalued.
The current stock price of $0.72 is trading 5.5% above its estimated GF Value™ of $0.68.
Key valuation signals for MWTCF:
Interest Coverage: 3.82 (27% below median its 10-year median of 5.21)
GF Value™: $0.68 vs. price of $0.72 (5.5% above fair value)
Industry Position: 1.1% above the Utilities - Regulated median (#156 of 449)
No single metric tells the full story. See the MWTCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Manila Water Co Inc holds the exclusive right to provide water and used water services in the East Zone of Metro Manila under a concession agreement with the Metropolitan Waterworks and Sewerage System. The company delivers water treatment, distribution, sewerage, and sanitation services to a large population across residential, commercial, and industrial customers. Its service area covers several cities and municipalities in Metro Manila and nearby parts of Rizal, including urban centers such as Makati, Pasig, Quezon City, Taguig, and Marikina, along with surrounding towns.
95GF Score
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