TCM Group AS (OCSE:TCM) Interest Coverage: 5.90 (As of Mar. 2026) — 39% Below Median


OCSE:TCM TCM Group AS OCSE:TCM
87 GF Score
Price kr69.40
GF Value kr73.39
Valuation Fairly Valued
! 4 Warning Signs
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What is TCM Group AS Interest Coverage?

TCM Group AS OCSE:TCM 87 Interest Coverage is 5.90 as of Mar. 2026, which is 39% below its 10-year median of 9.60. GuruFocus rates OCSE:TCM with a GF Score™ of 87/100 and a GF Value™ of kr73.39 (Fairly Valued). The stock has 4 warning signs investors should review. Among 293 Furnishings, Fixtures & Appliances companies, TCM Group AS ranks worse than 65.19% 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. TCM Group AS's Operating Income for the three months ended in Mar. 2026 was kr23 Mil. TCM Group AS's Interest Expense for the three months ended in Mar. 2026 was kr-4 Mil. TCM Group AS's interest coverage for the quarter that ended in Mar. 2026 was 5.90. The higher the ratio, the stronger the company's financial strength is.

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

OCSE:TCM' s Interest Coverage Range Over the Past 10 Years
Min: 2.67   Med: 9.6   Max: 38.27
Current: 4.62


OCSE:TCM's Interest Coverage is ranked worse than
65.19% of 293 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 11.44 vs OCSE:TCM: 4.62

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


TCM Group AS  (OCSE:TCM) 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 .


TCM Group AS Interest Coverage Related Terms


TCM Group AS Interest Coverage Historical Data

* Premium members only.

The historical data trend for TCM 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.

TCM Group AS Interest Coverage Chart

TCM 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 38.27 11.22 2.67 3.34 4.42

TCM 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 5.06 5.81 3.80 3.52 5.90

OCSE:TCM vs SN, SGI, MHK: Interest Coverage Comparison

For the Furnishings, Fixtures & Appliances subindustry, TCM 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.


TCM Group AS Interest Coverage vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, TCM Group AS's Interest Coverage distribution charts can be found below:

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


OCSE:TCM
87GF Score
TCM Group AS OCSE:TCM
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TCM 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.

TCM 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, TCM Group AS's Interest Expense was kr-21 Mil. Its Operating Income was kr94 Mil. And its Long-Term Debt & Capital Lease Obligation was kr311 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*93.835/-21.248
=4.42

TCM 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, TCM Group AS's Interest Expense was kr-4 Mil. Its Operating Income was kr23 Mil. And its Long-Term Debt & Capital Lease Obligation was kr274 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*23/-3.9
=5.90

* 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 5.90 mean?
TCM Group AS (OCSE:TCM) has a Interest Coverage of 5.90 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on TCM Group AS and its competitors. This is 39% below median its historical median of 9.60. Over the past decade, TCM Group AS's Interest Coverage has ranged from 2.67 to 38.27. According to the industry distribution chart, TCM Group AS ranks #191 out of 293 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 65.2%.
Is TCM Group AS's Interest Coverage too high?
TCM Group AS's current Interest Coverage of 5.90 is 39% below median its 10-year median of 9.60. Over the past 10 years, this metric has ranged from a low of 2.67 to a high of 38.27. The Furnishings, Fixtures & Appliances industry median Interest Coverage is 11.44. TCM Group AS's value of 5.90 is 48.4% below this industry median. Based on the distribution chart, TCM Group AS ranks #191 out of 293 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, TCM Group AS has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TCM Group AS's Interest Coverage compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, TCM Group AS ranks #191 out of 293 companies for Interest Coverage. This places TCM Group AS in the lower half of its industry. The industry median Interest Coverage is 11.44. TCM Group AS's value of 5.90 is 48.4% below this benchmark. Historically, TCM Group AS's own Interest Coverage has ranged from 2.67 to 38.27 over the past decade. While the company's 10-year median is 9.60 vs. the industry median of 11.44, TCM 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 Furnishings, Fixtures & Appliances company?
The median Interest Coverage among Furnishings, Fixtures & Appliances companies is 11.44, based on 293 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. TCM Group AS's current Interest Coverage of 5.90 is 48.4% 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 TCM Group AS and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Interest Coverage is 11.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TCM Group AS's current Interest Coverage is 5.90, which is 39% below median its own 10-year median of 9.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCM Group AS stock overvalued right now?
Based on GuruFocus' analysis, TCM Group AS (OCSE:TCM) is currently considered Fairly Valued. The stock's GF Value™ is kr73.39, compared to a current price of kr69.40 — trading 5.4% below its estimated fair value. The current Interest Coverage is 5.90, which is 39% below median its 10-year median of 9.60 and 48.4% below the Furnishings, Fixtures & Appliances industry median of 11.44. TCM Group AS's overall GF Score™ is 87/100 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 TCM Group AS (OCSE:TCM), the current Interest Coverage is 5.90 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 TCM Group AS (OCSE:TCM) Overvalued in 2026?

Based on GuruFocus' analysis, TCM Group AS stock appears to be undervalued. The current stock price of kr69.40 is trading 5.4% below its estimated GF Value™ of kr73.39. GuruFocus considers TCM Group AS to be Fairly Valued.

Key valuation signals for OCSE:TCM:

  • Interest Coverage: 5.90 (39% below median its 10-year median of 9.60)
  • GF Value™: kr73.39 vs. price of kr69.40 (5.4% below fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 48.4% below the Furnishings, Fixtures & Appliances median (#191 of 293)

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


TCM Group AS Business Description

Other Exchanges 0CUN:UK
Address Skautrupvej 16, Tvis, Holstebro, DNK, 7500
TCM Group AS manufactures and supplies kitchen and furniture products for bathrooms and storage in Denmark and the other Scandinavian countries. Its products include drawers, cabinets, fronts, table tops, handles, and other accessories. It offers its products under the Svane Kokkenet, Tvis Kokkener, Nettoline, and kitchen brands. The company also sells private-label products through Do-It-Yourself and kitchen specialty stores in Denmark and Norway. The group sells its products in Denmark and other countries, of which a majority of the revenue is derived from Denmark. It also has a presence in Norway and other countries.
87GF Score

Get the complete analysis for OCSE:TCM

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

kr69.40
Price
kr73.39
GF Value