Lafarge Africa (NSA:WAPCO) Interest Coverage: 816.09 (As of Mar. 2026) — 7470% Above Median


NSA:WAPCO Lafarge Africa PLC NSA:WAPCO
78 GF Score
Price ₦310.00
GF Value ₦126.47
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Lafarge Africa Interest Coverage?

Lafarge Africa NSA:WAPCO -2.33% 78 Interest Coverage is 816.09 as of Mar. 2026, which is 7470% above its 10-year median of 10.78. GuruFocus rates NSA:WAPCO with a GF Score™ of 78/100 and a GF Value™ of ₦126.47 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 307 Building Materials companies, Lafarge Africa ranks better than 99.35% 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. Lafarge Africa's Operating Income for the three months ended in Mar. 2026 was ₦141,268 Mil. Lafarge Africa's Interest Expense for the three months ended in Mar. 2026 was ₦-173 Mil. Lafarge Africa's interest coverage for the quarter that ended in Mar. 2026 was 816.09. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Lafarge Africa PLC has enough cash to cover all of its debt. Its financial situation is stable.

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

NSA:WAPCO' s Interest Coverage Range Over the Past 10 Years
Min: 0.24   Med: 10.78   Max: 34792.92
Current: 34792.92


NSA:WAPCO's Interest Coverage is ranked better than
99.35% of 307 companies
in the Building Materials industry
Industry Median: 6.63 vs NSA:WAPCO: 34792.92

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


Lafarge Africa  (NSA:WAPCO) 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 .


Lafarge Africa Interest Coverage Related Terms


Lafarge Africa Interest Coverage Historical Data

* Premium members only.

The historical data trend for Lafarge Africa'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.

Lafarge Africa Interest Coverage Chart

Lafarge Africa 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 16.00 69.63 104.80 103.63 334.11

Lafarge Africa 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 54.09 150.30 40.89 0.00 816.09

NSA:WAPCO vs CRH, VMC, MLM: Interest Coverage Comparison

For the Building Materials subindustry, Lafarge Africa'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.


Lafarge Africa Interest Coverage vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Lafarge Africa's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Lafarge Africa's Interest Coverage falls into.


NSA:WAPCO
78GF Score
Lafarge Africa PLC NSA:WAPCO
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lafarge Africa 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.

Lafarge Africa'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, Lafarge Africa's Interest Expense was ₦-1,164 Mil. Its Operating Income was ₦388,761 Mil. And its Long-Term Debt & Capital Lease Obligation was ₦368 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*388761.26/-1163.586
=334.11

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

Here, for the three months ended in Mar. 2026, Lafarge Africa's Interest Expense was ₦-173 Mil. Its Operating Income was ₦141,268 Mil. And its Long-Term Debt & Capital Lease Obligation was ₦1,104 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*141267.716/-173.103
=816.09

* 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 816.09 mean?
Lafarge Africa (NSA:WAPCO) has a Interest Coverage of 816.09 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Lafarge Africa and its competitors. This is 7470% above median its historical median of 10.78. Over the past decade, Lafarge Africa's Interest Coverage has ranged from 0.24 to 34,792.92. According to the industry distribution chart, Lafarge Africa ranks #2 out of 307 companies in the Building Materials industry, placing it in the top 0.7%.
Is Lafarge Africa's Interest Coverage too high?
Lafarge Africa's current Interest Coverage of 816.09 is 7470% above median its 10-year median of 10.78. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 34,792.92. The Building Materials industry median Interest Coverage is 6.63. Lafarge Africa's value of 816.09 is 12209% above this industry median. Based on the distribution chart, Lafarge Africa ranks #2 out of 307 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Lafarge Africa has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lafarge Africa's Interest Coverage compare to CRH and VMC?
According to the Building Materials industry distribution chart, Lafarge Africa ranks #2 out of 307 companies for Interest Coverage. This places Lafarge Africa in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 6.63. Lafarge Africa's value of 816.09 is 12209% above this benchmark. Historically, Lafarge Africa's own Interest Coverage has ranged from 0.24 to 34,792.92 over the past decade. While the company's 10-year median is 10.78 vs. the industry median of 6.63, Lafarge Africa 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 Building Materials company?
The median Interest Coverage among Building Materials companies is 6.63, based on 307 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. Lafarge Africa's current Interest Coverage of 816.09 is 12209% 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 Lafarge Africa and its competitors. For the Building Materials industry, the median Interest Coverage is 6.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lafarge Africa's current Interest Coverage is 816.09, which is 7470% above median its own 10-year median of 10.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lafarge Africa stock overvalued right now?
Based on GuruFocus' analysis, Lafarge Africa (NSA:WAPCO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦126.47, compared to a current price of ₦310.00 — trading 145.1% above its estimated fair value. The current Interest Coverage is 816.09, which is 7470% above median its 10-year median of 10.78 and 12209% above the Building Materials industry median of 6.63. Lafarge Africa's overall GF Score™ is 78/100 with 5 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 Lafarge Africa (NSA:WAPCO), the current Interest Coverage is 816.09 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 Lafarge Africa (NSA:WAPCO) Overvalued in 2026?

Based on GuruFocus' analysis, Lafarge Africa stock appears to be overvalued. The current stock price of ₦310.00 is trading 145.1% above its estimated GF Value™ of ₦126.47. GuruFocus considers Lafarge Africa to be Significantly Overvalued.

Key valuation signals for NSA:WAPCO:

  • Interest Coverage: 816.09 (7470% above median its 10-year median of 10.78)
  • GF Value™: ₦126.47 vs. price of ₦310.00 (145.1% above fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 12209% above the Building Materials median (#2 of 307)

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


Lafarge Africa Business Description

Address No. 27B, Gerrard Road, Ikoyi, Lagos, NGA
Lafarge Africa PLC through its subsidiaries is engaged in manufacturing and marketing of cement, concrete, and aggregates products, including the provision of building solutions. The brands in products portfolio of the company includes ECOPlanet Unicem, Elephant cement, ThermoSet, Watershield, Powermax, and Supaset cement among others. It has two segments Cement & Readymix products. The majority of the revenue is generated from the cement segment.
78GF Score

Get the complete analysis for NSA:WAPCO

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

₦310.00
Price
₦126.47
GF Value