Norditek Group AB (OSTO:NOTEK) Interest Coverage: 3.05 (As of Feb. 2026) — 42% Below Median


OSTO:NOTEK Norditek Group AB OSTO:NOTEK
58 GF Score
Price kr10.80
GF Value kr15.18
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Norditek Group AB Interest Coverage?

Norditek Group AB OSTO:NOTEK -2.26% 58 Interest Coverage is 3.05 as of Feb. 2026, which is 42% below its 10-year median of 5.30. GuruFocus rates OSTO:NOTEK with a GF Score™ of 58/100 and a GF Value™ of kr15.18 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 161 Waste Management companies, Norditek Group AB ranks worse than 55.9% 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. Norditek Group AB's Operating Income for the three months ended in Feb. 2026 was kr2.1 Mil. Norditek Group AB's Interest Expense for the three months ended in Feb. 2026 was kr-0.7 Mil. Norditek Group AB's interest coverage for the quarter that ended in Feb. 2026 was 3.05. The higher the ratio, the stronger the company's financial strength is.

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

OSTO:NOTEK' s Interest Coverage Range Over the Past 10 Years
Min: 1.42   Med: 5.3   Max: 8.32
Current: 5.27


OSTO:NOTEK's Interest Coverage is ranked worse than
55.9% of 161 companies
in the Waste Management industry
Industry Median: 5.87 vs OSTO:NOTEK: 5.27

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


Norditek Group AB  (OSTO:NOTEK) 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 .


Norditek Group AB Interest Coverage Related Terms


Norditek Group AB Interest Coverage Historical Data

* Premium members only.

The historical data trend for Norditek 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.

Norditek Group AB Interest Coverage Chart

Norditek Group AB Annual Data
Trend Aug21 Aug22 Aug23 Aug24 Aug25
Interest Coverage
N/A 6.87 3.73 1.42 8.32

Norditek Group AB Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 12.13 4.10 5.77 9.09 3.05

OSTO:NOTEK vs WM, RSG, WCN: Interest Coverage Comparison

For the Waste Management subindustry, Norditek 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.


Norditek Group AB Interest Coverage vs Waste Management Industry

For the Waste Management industry and Industrials sector, Norditek Group AB's Interest Coverage distribution charts can be found below:

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


OSTO:NOTEK
58GF Score
Norditek Group AB OSTO:NOTEK
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Norditek 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.

Norditek Group AB's Interest Coverage for the fiscal year that ended in Aug. 2025 is calculated as

Here, for the fiscal year that ended in Aug. 2025, Norditek Group AB's Interest Expense was kr-2.1 Mil. Its Operating Income was kr17.4 Mil. And its Long-Term Debt & Capital Lease Obligation was kr30.1 Mil.

Interest Coverage=-1* Operating Income (A: Aug. 2025 )/Interest Expense (A: Aug. 2025 )
=-1*17.394/-2.09
=8.32

Norditek Group AB's Interest Coverage for the quarter that ended in Feb. 2026 is calculated as

Here, for the three months ended in Feb. 2026, Norditek Group AB's Interest Expense was kr-0.7 Mil. Its Operating Income was kr2.1 Mil. And its Long-Term Debt & Capital Lease Obligation was kr54.2 Mil.

Interest Coverage=-1* Operating Income (Q: Feb. 2026 )/Interest Expense (Q: Feb. 2026 )
=-1*2.083/-0.682
=3.05

* 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 3.05 mean?
Norditek Group AB (OSTO:NOTEK) has a Interest Coverage of 3.05 as of Feb. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Norditek Group AB and its competitors. This is 42% below median its historical median of 5.30. Over the past decade, Norditek Group AB's Interest Coverage has ranged from 1.42 to 8.32. According to the industry distribution chart, Norditek Group AB ranks #90 out of 161 companies in the Waste Management industry, placing it in the top 55.9%.
Is Norditek Group AB's Interest Coverage too high?
Norditek Group AB's current Interest Coverage of 3.05 is 42% below median its 10-year median of 5.30. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 8.32. The Waste Management industry median Interest Coverage is 5.87. Norditek Group AB's value of 3.05 is 48% below this industry median. Based on the distribution chart, Norditek Group AB ranks #90 out of 161 companies in the Waste Management industry, which is below the industry midpoint. Overall, Norditek Group AB has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Norditek Group AB's Interest Coverage compare to WM and RSG?
According to the Waste Management industry distribution chart, Norditek Group AB ranks #90 out of 161 companies for Interest Coverage. This places Norditek Group AB in the lower half of its industry. The industry median Interest Coverage is 5.87. Norditek Group AB's value of 3.05 is 48% below this benchmark. Historically, Norditek Group AB's own Interest Coverage has ranged from 1.42 to 8.32 over the past decade. While the company's 10-year median is 5.30 vs. the industry median of 5.87, Norditek 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 Waste Management company?
The median Interest Coverage among Waste Management companies is 5.87, based on 161 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. Norditek Group AB's current Interest Coverage of 3.05 is 48% 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 Norditek Group AB and its competitors. For the Waste Management industry, the median Interest Coverage is 5.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norditek Group AB's current Interest Coverage is 3.05, which is 42% below median its own 10-year median of 5.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norditek Group AB stock overvalued right now?
Based on GuruFocus' analysis, Norditek Group AB (OSTO:NOTEK) is currently considered Modestly Undervalued. The stock's GF Value™ is kr15.18, compared to a current price of kr10.80 — trading 28.9% below its estimated fair value. The current Interest Coverage is 3.05, which is 42% below median its 10-year median of 5.30 and 48% below the Waste Management industry median of 5.87. Norditek Group AB's overall GF Score™ is 58/100 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 Norditek Group AB (OSTO:NOTEK), the current Interest Coverage is 3.05 as of Feb. 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 Norditek Group AB (OSTO:NOTEK) Overvalued in 2026?

Based on GuruFocus' analysis, Norditek Group AB stock appears to be undervalued. The current stock price of kr10.80 is trading 28.9% below its estimated GF Value™ of kr15.18. GuruFocus considers Norditek Group AB to be Modestly Undervalued.

Key valuation signals for OSTO:NOTEK:

  • Interest Coverage: 3.05 (42% below median its 10-year median of 5.30)
  • GF Value™: kr15.18 vs. price of kr10.80 (28.9% below fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 48% below the Waste Management median (#90 of 161)

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


Norditek Group AB Business Description

Address Stora Avagen 21, Askim, Gothenburg, SWE, 436 34
Norditek Group AB is an environmental technology company with a focus on mobile and flexiblerecycling facilities in the Waste, Gravel & Rock and Biomass segments.
58GF Score

Get the complete analysis for OSTO:NOTEK

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

kr10.80
Price
kr15.18
GF Value