New Wave Group AB (OSTO:NEWA B) Interest Coverage: 6.00 (As of Mar. 2026) — 34% Below Median

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OSTO:NEWA B New Wave Group AB OSTO:NEWA B
90 GF Score
Price kr93.95
GF Value kr115.70
Valuation Modestly Undervalued
! 5 Warning Signs
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What is New Wave Group AB Interest Coverage?

New Wave Group AB OSTO:NEWA B -0.27% 90 Interest Coverage is 6.00 as of Mar. 2026, which is 34% below its 10-year median of 9.11. GuruFocus rates OSTO:NEWA B with a GF Score™ of 90/100 and a GF Value™ of kr115.70 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 837 Retail - Cyclical companies, New Wave Group AB ranks better than 54.12% 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. New Wave Group AB's Operating Income for the three months ended in Mar. 2026 was kr198 Mil. New Wave Group AB's Interest Expense for the three months ended in Mar. 2026 was kr-33 Mil. New Wave Group AB's interest coverage for the quarter that ended in Mar. 2026 was 6.00. The higher the ratio, the stronger the company's financial strength is.

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

OSTO:NEWA B' s Interest Coverage Range Over the Past 10 Years
Min: 5.93   Med: 9.11   Max: 26.87
Current: 8.94


OSTO:NEWA B's Interest Coverage is ranked better than
54.12% of 837 companies
in the Retail - Cyclical industry
Industry Median: 7.43 vs OSTO:NEWA B: 8.94

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


New Wave Group AB  (OSTO:NEWA B) 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 .


New Wave Group AB Interest Coverage Related Terms


New Wave Group AB Interest Coverage Historical Data

* Premium members only.

The historical data trend for New Wave Group 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.

New Wave Group AB Interest Coverage Chart

New Wave Group AB 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 22.38 26.87 11.16 8.93 9.29

New Wave Group AB 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 8.19 9.23 8.72 11.47 6.00

OSTO:NEWA B vs CASY, WSM, ULTA: Interest Coverage Comparison

For the Specialty Retail subindustry, New Wave Group 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.


New Wave Group AB Interest Coverage vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, New Wave Group AB's Interest Coverage distribution charts can be found below:

* The bar in red indicates where New Wave Group AB's Interest Coverage falls into.


OSTO:NEWA B
90GF Score
New Wave Group AB OSTO:NEWA B
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

New Wave Group AB 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.

New Wave Group AB'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, New Wave Group AB's Interest Expense was kr-116 Mil. Its Operating Income was kr1,078 Mil. And its Long-Term Debt & Capital Lease Obligation was kr3,371 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*1078/-116
=9.29

New Wave Group AB's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, New Wave Group AB's Interest Expense was kr-33 Mil. Its Operating Income was kr198 Mil. And its Long-Term Debt & Capital Lease Obligation was kr3,364 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*198/-33
=6.00

* 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 6.00 mean?
New Wave Group AB (OSTO:NEWA B) has a Interest Coverage of 6.00 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on New Wave Group AB and its competitors. This is 34% below median its historical median of 9.11. Over the past decade, New Wave Group AB's Interest Coverage has ranged from 5.93 to 26.87. According to the industry distribution chart, New Wave Group AB ranks #384 out of 837 companies in the Retail - Cyclical industry, placing it in the top 45.9%.
Is New Wave Group AB's Interest Coverage too high?
New Wave Group AB's current Interest Coverage of 6.00 is 34% below median its 10-year median of 9.11. Over the past 10 years, this metric has ranged from a low of 5.93 to a high of 26.87. The Retail - Cyclical industry median Interest Coverage is 7.43. New Wave Group AB's value of 6.00 is 19.2% below this industry median. Based on the distribution chart, New Wave Group AB ranks #384 out of 837 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, New Wave Group AB has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does New Wave Group AB's Interest Coverage compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, New Wave Group AB ranks #384 out of 837 companies for Interest Coverage. This puts New Wave Group AB in the upper half of its industry. The industry median Interest Coverage is 7.43. New Wave Group AB's value of 6.00 is 19.2% below this benchmark. Historically, New Wave Group AB's own Interest Coverage has ranged from 5.93 to 26.87 over the past decade. While the company's 10-year median is 9.11 vs. the industry median of 7.43, New Wave Group 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 Retail - Cyclical company?
The median Interest Coverage among Retail - Cyclical companies is 7.43, based on 837 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. New Wave Group AB's current Interest Coverage of 6.00 is 19.2% 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 New Wave Group AB and its competitors. For the Retail - Cyclical industry, the median Interest Coverage is 7.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Wave Group AB's current Interest Coverage is 6.00, which is 34% below median its own 10-year median of 9.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Wave Group AB stock overvalued right now?
Based on GuruFocus' analysis, New Wave Group AB (OSTO:NEWA B) is currently considered Modestly Undervalued. The stock's GF Value™ is kr115.70, compared to a current price of kr93.95 — trading 18.8% below its estimated fair value. The current Interest Coverage is 6.00, which is 34% below median its 10-year median of 9.11 and 19.2% below the Retail - Cyclical industry median of 7.43. New Wave Group AB's overall GF Score™ is 90/100 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 New Wave Group AB (OSTO:NEWA B), the current Interest Coverage is 6.00 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 New Wave Group AB (OSTO:NEWA B) Overvalued in 2026?

Based on GuruFocus' analysis, New Wave Group AB stock appears to be undervalued. The current stock price of kr93.95 is trading 18.8% below its estimated GF Value™ of kr115.70. GuruFocus considers New Wave Group AB to be Modestly Undervalued.

Key valuation signals for OSTO:NEWA B:

  • Interest Coverage: 6.00 (34% below median its 10-year median of 9.11)
  • GF Value™: kr115.70 vs. price of kr93.95 (18.8% below fair value)
  • GF Score™: 90/100 with 5 warning signs
  • Industry Position: 19.2% below the Retail - Cyclical median (#384 of 837)

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


New Wave Group AB Business Description

Address Kungsportsavenyen 10, Gothenburg, SWE, 41136
New Wave Group AB is a Sweden-based company that designs, acquires, and develops brands and products in the corporate promo, gifts, and home furnishings sectors. The group achieves synergies by coordinating the design, purchasing, marketing, warehousing, and distribution of its product range. To ensure good diversification, the Group markets its products in the corporate promo market and the retail market. The group divides its operations into three operating segments: Corporate, Sports and Leisure, and Gifts and Home Furnishings. It derives maximum revenue from the Corporate segment. The firm generates the majority of its revenue from Promo sales channel.
90GF Score

Get the complete analysis for OSTO:NEWA B

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

kr93.95
Price
kr115.70
GF Value