Byggma ASA (OSL:BMA) Interest Coverage: 1.84 (As of Mar. 2026) — 64% Below Median


OSL:BMA Byggma ASA OSL:BMA
62 GF Score
Price kr21.60
GF Value kr15.71
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Byggma ASA Interest Coverage?

Byggma ASA OSL:BMA 62 Interest Coverage is 1.84 as of Mar. 2026, which is 64% below its 10-year median of 5.10. GuruFocus rates OSL:BMA with a GF Score™ of 62/100 and a GF Value™ of kr15.71 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,354 Construction companies, Byggma ASA ranks worse than 73855.17% 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. Byggma ASA's Operating Income for the three months ended in Mar. 2026 was kr38 Mil. Byggma ASA's Interest Expense for the three months ended in Mar. 2026 was kr-21 Mil. Byggma ASA's interest coverage for the quarter that ended in Mar. 2026 was 1.84. The higher the ratio, the stronger the company's financial strength is.

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


OSL:BMA's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.865
* Ranked among companies with meaningful Interest Coverage only.

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


Byggma ASA  (OSL:BMA) 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 .


Byggma ASA Interest Coverage Related Terms


Byggma ASA Interest Coverage Historical Data

* Premium members only.

The historical data trend for Byggma ASA'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.

Byggma ASA Interest Coverage Chart

Byggma ASA 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 12.58 3.55 0.83 0.83 1.00

Byggma ASA 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 1.84 0.00 1.61 0.46 1.84

OSL:BMA vs TT, JCI, CARR: Interest Coverage Comparison

For the Building Products & Equipment subindustry, Byggma ASA'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.


Byggma ASA Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Byggma ASA's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Byggma ASA's Interest Coverage falls into.


OSL:BMA
62GF Score
Byggma ASA OSL:BMA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Byggma ASA 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.

Byggma ASA'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, Byggma ASA's Interest Expense was kr-96 Mil. Its Operating Income was kr96 Mil. And its Long-Term Debt & Capital Lease Obligation was kr829 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*95.973/-95.861
=1.00

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

Here, for the three months ended in Mar. 2026, Byggma ASA's Interest Expense was kr-21 Mil. Its Operating Income was kr38 Mil. And its Long-Term Debt & Capital Lease Obligation was kr802 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*38.1/-20.7
=1.84

* 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 1.84 mean?
Byggma ASA (OSL:BMA) has a Interest Coverage of 1.84 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Byggma ASA and its competitors. This is 64% below median its historical median of 5.10. According to the industry distribution chart, Byggma ASA ranks #999999 out of 1354 companies in the Construction industry.
Is Byggma ASA's Interest Coverage too high?
Byggma ASA's current Interest Coverage of 1.84 is 64% below median its 10-year median of 5.10. The Construction industry median Interest Coverage is 7.87. Byggma ASA's value of 1.84 is 76.6% below this industry median. Based on the distribution chart, Byggma ASA ranks #999999 out of 1354 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Byggma ASA has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Byggma ASA's Interest Coverage compare to TT and JCI?
According to the Construction industry distribution chart, Byggma ASA ranks #999999 out of 1354 companies for Interest Coverage. This places Byggma ASA in the lower half of its industry. The industry median Interest Coverage is 7.87. Byggma ASA's value of 1.84 is 76.6% below this benchmark. While the company's 10-year median is 5.10 vs. the industry median of 7.87, Byggma ASA 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 Construction company?
The median Interest Coverage among Construction companies is 7.87, based on 1,354 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. Byggma ASA's current Interest Coverage of 1.84 is 76.6% 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 Byggma ASA and its competitors. For the Construction industry, the median Interest Coverage is 7.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Byggma ASA's current Interest Coverage is 1.84, which is 64% below median its own 10-year median of 5.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Byggma ASA stock overvalued right now?
Based on GuruFocus' analysis, Byggma ASA (OSL:BMA) is currently considered Significantly Overvalued. The stock's GF Value™ is kr15.71, compared to a current price of kr21.60 — trading 37.5% above its estimated fair value. The current Interest Coverage is 1.84, which is 64% below median its 10-year median of 5.10 and 76.6% below the Construction industry median of 7.87. Byggma ASA's overall GF Score™ is 62/100 with 9 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 Byggma ASA (OSL:BMA), the current Interest Coverage is 1.84 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 Byggma ASA (OSL:BMA) Overvalued in 2026?

Based on GuruFocus' analysis, Byggma ASA stock appears to be overvalued. The current stock price of kr21.60 is trading 37.5% above its estimated GF Value™ of kr15.71. GuruFocus considers Byggma ASA to be Significantly Overvalued.

Key valuation signals for OSL:BMA:

  • Interest Coverage: 1.84 (64% below median its 10-year median of 5.10)
  • GF Value™: kr15.71 vs. price of kr21.60 (37.5% above fair value)
  • GF Score™: 62/100 with 9 warning signs
  • Industry Position: 76.6% below the Construction median (#999999 of 1354)

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


Byggma ASA Business Description

Address Venneslaveien 233, P.O. Box 21, Vennesla, NOR, 4701
Byggma ASA is a supplier of building materials in the Nordic countries. Its operating segment includes Panels; Lighting; Windows; Beams and Byggma other. It generates maximum revenue from the Panels segment. The company's brands include Huntonit, Manonite, Forestia, Uldal, Scan Lamps and Aneta. It is involved in projects ranging from public buildings, commercial and private homes. Geographically, it derives a majority of revenue from Norway.
62GF Score

Get the complete analysis for OSL:BMA

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

kr21.60
Price
kr15.71
GF Value