NTG Nordic Transport Group AS (OCSE:NTG) Interest Coverage: 3.66 (As of Mar. 2026) — 52% Below Median


OCSE:NTG NTG Nordic Transport Group AS OCSE:NTG
84 GF Score
Price kr192.20
GF Value kr350.54
Valuation Significantly Undervalued
! 4 Warning Signs
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What is NTG Nordic Transport Group AS Interest Coverage?

NTG Nordic Transport Group AS OCSE:NTG -1.84% 84 Interest Coverage is 3.66 as of Mar. 2026, which is 52% below its 10-year median of 7.59. GuruFocus rates OCSE:NTG with a GF Score™ of 84/100 and a GF Value™ of kr350.54 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 838 Transportation companies, NTG Nordic Transport Group AS ranks worse than 50.84% 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. NTG Nordic Transport Group AS's Operating Income for the three months ended in Mar. 2026 was kr139 Mil. NTG Nordic Transport Group AS's Interest Expense for the three months ended in Mar. 2026 was kr-38 Mil. NTG Nordic Transport Group AS's interest coverage for the quarter that ended in Mar. 2026 was 3.66. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for NTG Nordic Transport Group AS's Interest Coverage or its related term are showing as below:

OCSE:NTG' s Interest Coverage Range Over the Past 10 Years
Min: 4.11   Med: 7.59   Max: 44.95
Current: 5.6


OCSE:NTG's Interest Coverage is ranked worse than
50.84% of 838 companies
in the Transportation industry
Industry Median: 5.72 vs OCSE:NTG: 5.60

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


NTG Nordic Transport Group AS  (OCSE:NTG) 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 .


NTG Nordic Transport Group AS Interest Coverage Related Terms


NTG Nordic Transport Group AS Interest Coverage Historical Data

* Premium members only.

The historical data trend for NTG Nordic Transport Group AS'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.

NTG Nordic Transport Group AS Interest Coverage Chart

NTG Nordic Transport Group AS 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 15.03 14.54 7.96 5.93 4.11

NTG Nordic Transport Group AS 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 2.95 2.34 3.02 0.00 3.66

OCSE:NTG vs UPS, FDX, JBHT: Interest Coverage Comparison

For the Integrated Freight & Logistics subindustry, NTG Nordic Transport Group AS'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.


NTG Nordic Transport Group AS Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, NTG Nordic Transport Group AS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where NTG Nordic Transport Group AS's Interest Coverage falls into.


OCSE:NTG
84GF Score
NTG Nordic Transport Group AS OCSE:NTG
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NTG Nordic Transport Group AS 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.

NTG Nordic Transport Group AS'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, NTG Nordic Transport Group AS's Interest Expense was kr-144 Mil. Its Operating Income was kr592 Mil. And its Long-Term Debt & Capital Lease Obligation was kr967 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*592/-144
=4.11

NTG Nordic Transport Group AS's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, NTG Nordic Transport Group AS's Interest Expense was kr-38 Mil. Its Operating Income was kr139 Mil. And its Long-Term Debt & Capital Lease Obligation was kr2,475 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*139/-38
=3.66

* 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 3.66 mean?
NTG Nordic Transport Group AS (OCSE:NTG) has a Interest Coverage of 3.66 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on NTG Nordic Transport Group AS and its competitors. This is 52% below median its historical median of 7.59. Over the past decade, NTG Nordic Transport Group AS's Interest Coverage has ranged from 4.11 to 44.95. According to the industry distribution chart, NTG Nordic Transport Group AS ranks #426 out of 838 companies in the Transportation industry, placing it in the top 50.8%.
Is NTG Nordic Transport Group AS's Interest Coverage too high?
NTG Nordic Transport Group AS's current Interest Coverage of 3.66 is 52% below median its 10-year median of 7.59. Over the past 10 years, this metric has ranged from a low of 4.11 to a high of 44.95. The Transportation industry median Interest Coverage is 5.72. NTG Nordic Transport Group AS's value of 3.66 is 36% below this industry median. Based on the distribution chart, NTG Nordic Transport Group AS ranks #426 out of 838 companies in the Transportation industry, which is below the industry midpoint. Overall, NTG Nordic Transport Group AS has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NTG Nordic Transport Group AS's Interest Coverage compare to UPS and FDX?
According to the Transportation industry distribution chart, NTG Nordic Transport Group AS ranks #426 out of 838 companies for Interest Coverage. This places NTG Nordic Transport Group AS in the lower half of its industry. The industry median Interest Coverage is 5.72. NTG Nordic Transport Group AS's value of 3.66 is 36% below this benchmark. Historically, NTG Nordic Transport Group AS's own Interest Coverage has ranged from 4.11 to 44.95 over the past decade. While the company's 10-year median is 7.59 vs. the industry median of 5.72, NTG Nordic Transport Group AS 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 5.72, based on 838 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. NTG Nordic Transport Group AS's current Interest Coverage of 3.66 is 36% 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 NTG Nordic Transport Group AS and its competitors. For the Transportation industry, the median Interest Coverage is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTG Nordic Transport Group AS's current Interest Coverage is 3.66, which is 52% below median its own 10-year median of 7.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTG Nordic Transport Group AS stock overvalued right now?
Based on GuruFocus' analysis, NTG Nordic Transport Group AS (OCSE:NTG) is currently considered Significantly Undervalued. The stock's GF Value™ is kr350.54, compared to a current price of kr192.20 — trading 45.2% below its estimated fair value. The current Interest Coverage is 3.66, which is 52% below median its 10-year median of 7.59 and 36% below the Transportation industry median of 5.72. NTG Nordic Transport Group AS's overall GF Score™ is 84/100 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 NTG Nordic Transport Group AS (OCSE:NTG), the current Interest Coverage is 3.66 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 NTG Nordic Transport Group AS (OCSE:NTG) Overvalued in 2026?

Based on GuruFocus' analysis, NTG Nordic Transport Group AS stock appears to be undervalued. The current stock price of kr192.20 is trading 45.2% below its estimated GF Value™ of kr350.54. GuruFocus considers NTG Nordic Transport Group AS to be Significantly Undervalued.

Key valuation signals for OCSE:NTG:

  • Interest Coverage: 3.66 (52% below median its 10-year median of 7.59)
  • GF Value™: kr350.54 vs. price of kr192.20 (45.2% below fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 36% below the Transportation median (#426 of 838)

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


NTG Nordic Transport Group AS Business Description

Other Exchanges NRSA:Germany
Address Hammerholmen 47, Hvidovre, DNK, DK-2650
NTG Nordic Transport Group AS is a Denmark-based transport company. It offers the full range of freight forwarding services and end-to-end solutions within Air & Ocean and Road & Logistics, fueled by people power and technology. Business segments of the company include Road & Logistics and Air & Ocean. The majority of its revenue is earned through the Road & Logistics segment, which provides transport and warehousing solutions with a geographical focus on Europe. Geographically, the revenues are earned in Denmark, Sweden, the USA, Germany, Finland, and other countries, with key revenue derived from Denmark.
84GF Score

Get the complete analysis for OCSE:NTG

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

kr192.20
Price
kr350.54
GF Value