TCECUR Sweden ABNGM:TCC A 70 Interest Coverage is 2.65 as of Mar. 2026, which is 10% below its 10-year median of 2.96. GuruFocus rates NGM:TCC A with a GF Score™ of 70/100 and a GF Value™ of kr23.71 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,672 Hardware companies, TCECUR Sweden AB ranks worse than 99.7% 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. TCECUR Sweden AB's
Operating Income
for the
three
months ended in Mar. 2026 was kr2.8 Mil. TCECUR Sweden AB's Interest Expense for the
three
months ended in Mar. 2026 was kr-1.1 Mil.
TCECUR Sweden AB's interest coverage for the quarter that ended in Mar. 2026 was 2.65.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for TCECUR Sweden AB's Interest Coverage or its related term are showing as below:
NGM:TCC A'
s Interest Coverage Range Over the Past 10 Years
Min: 0.08 Med: 2.96 Max: 4.36
Current: 0.08
NGM:TCC A's Interest Coverage is ranked worse than 99.7% of 1672
companies
in the Hardware industry
Industry Median: 13.73
vs NGM:TCC A: 0.08
TCECUR Sweden AB (NGM:TCC A) 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 .
TCECUR Sweden AB Interest Coverage Related Terms
TCECUR Sweden AB Interest Coverage Historical Data
* Premium members only.
The historical data trend for TCECUR Sweden 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.
NGM:TCC A vs CSCO, CIEN, MSI: Interest Coverage Comparison
For the Communication Equipment subindustry, TCECUR Sweden 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.
TCECUR Sweden AB Interest Coverage vs Hardware Industry
For the Hardware industry and Technology sector, TCECUR Sweden AB's Interest Coverage distribution charts can be found below:
* The bar in red indicates where TCECUR Sweden AB'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.
TCECUR Sweden AB (NGM:TCC A) has a Interest Coverage of 2.65 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on TCECUR Sweden AB and its competitors. This is 10% below median its historical median of 2.96. Over the past decade, TCECUR Sweden AB's Interest Coverage has ranged from 0.08 to 4.36. According to the industry distribution chart, TCECUR Sweden AB ranks #1667 out of 1672 companies in the Hardware industry, placing it in the top 99.7%.
Is TCECUR Sweden AB's Interest Coverage too high?
TCECUR Sweden AB's current Interest Coverage of 2.65 is 10% below median its 10-year median of 2.96. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 4.36. The Hardware industry median Interest Coverage is 13.73. TCECUR Sweden AB's value of 2.65 is 80.7% below this industry median. Based on the distribution chart, TCECUR Sweden AB ranks #1667 out of 1672 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, TCECUR Sweden AB has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TCECUR Sweden AB's Interest Coverage compare to CSCO and CIEN?
According to the Hardware industry distribution chart, TCECUR Sweden AB ranks #1667 out of 1672 companies for Interest Coverage. This places TCECUR Sweden AB in the lower half of its industry. The industry median Interest Coverage is 13.73. TCECUR Sweden AB's value of 2.65 is 80.7% below this benchmark. Historically, TCECUR Sweden AB's own Interest Coverage has ranged from 0.08 to 4.36 over the past decade. While the company's 10-year median is 2.96 vs. the industry median of 13.73, TCECUR Sweden AB 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 Hardware company?
The median Interest Coverage among Hardware companies is 13.73, based on 1,672 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. TCECUR Sweden AB's current Interest Coverage of 2.65 is 80.7% 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 TCECUR Sweden AB and its competitors. For the Hardware industry, the median Interest Coverage is 13.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TCECUR Sweden AB's current Interest Coverage is 2.65, which is 10% below median its own 10-year median of 2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCECUR Sweden AB stock overvalued right now?
Based on GuruFocus' analysis, TCECUR Sweden AB (NGM:TCC A) is currently considered Modestly Undervalued. The stock's GF Value™ is kr23.71, compared to a current price of kr17.80 — trading 24.9% below its estimated fair value. The current Interest Coverage is 2.65, which is 10% below median its 10-year median of 2.96 and 80.7% below the Hardware industry median of 13.73. TCECUR Sweden AB's overall GF Score™ is 70/100 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 TCECUR Sweden AB (NGM:TCC A), the current Interest Coverage is 2.65 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 TCECUR Sweden AB (NGM:TCC A) Overvalued in 2026?
Based on GuruFocus' analysis, TCECUR Sweden AB stock appears to be undervalued.
The current stock price of kr17.80 is trading 24.9% below its estimated GF Value™ of kr23.71.
GuruFocus considers TCECUR Sweden AB to be Modestly Undervalued.
Key valuation signals for NGM:TCC A:
Interest Coverage: 2.65 (10% below median its 10-year median of 2.96)
GF Value™: kr23.71 vs. price of kr17.80 (24.9% below fair value)
Industry Position: 80.7% below the Hardware median (#1667 of 1672)
No single metric tells the full story. See the NGM:TCC A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TCECUR Sweden AB is a TCECUR is a technology-oriented security group that delivers comprehensive solutions with a focus on creating a safe and secure society. The group consists of independent and TCECUR is a technology-oriented security group that independent companies in physical security and secure communications, where local leadership plays a crucial role. Secure Communications, National Security Systems, and Global Security Systems. The National Security Systems includes the majority of its revenue.
70GF Score
Get the complete analysis for NGM:TCC A
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