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. Pierce Group AB's
Operating Income
for the
three
months ended in Mar. 2026 was kr-3 Mil. Pierce Group AB's Interest Expense for the
three
months ended in Mar. 2026 was kr-2 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Pierce Group AB's Interest Coverage or its related term are showing as below:
OSTO:PIERCE'
s Interest Coverage Range Over the Past 10 Years
Min: 0.43 Med: 2.14 Max: 4.75
Current: 3.33
OSTO:PIERCE's Interest Coverage is ranked worse than 70.1% of 1067
companies
in the Vehicles & Parts industry
Industry Median: 8.31
vs OSTO:PIERCE: 3.33
Pierce Group AB (OSTO:PIERCE) 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 .
Pierce Group AB Interest Coverage Related Terms
Pierce Group AB Interest Coverage Historical Data
* Premium members only.
The historical data trend for Pierce 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.
OSTO:PIERCE vs ORLY, AZO, GPC: Interest Coverage Comparison
For the Auto Parts subindustry, Pierce 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.
Pierce Group AB Interest Coverage vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Pierce Group AB's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Pierce Group AB's Interest Coverage falls into.
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:
Pierce Group AB did not have earnings to cover the interest expense.
* 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.
What does a Interest Coverage of 0 (At Loss) mean?
Pierce Group AB (OSTO:PIERCE) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Pierce Group AB and its competitors. Over the past decade, Pierce Group AB's Interest Coverage has ranged from 0.43 to 4.75. According to the industry distribution chart, Pierce Group AB ranks #748 out of 1067 companies in the Vehicles & Parts industry, placing it in the top 70.1%.
Is Pierce Group AB's Interest Coverage too high?
Pierce Group AB's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 4.75. Based on the distribution chart, Pierce Group AB ranks #748 out of 1067 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Pierce Group AB has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pierce Group AB's Interest Coverage compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Pierce Group AB ranks #748 out of 1067 companies for Interest Coverage. This places Pierce Group AB in the lower half of its industry. The industry median Interest Coverage is 8.31. Historically, Pierce Group AB's own Interest Coverage has ranged from 0.43 to 4.75 over the past decade. 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 Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.31, based on 1,067 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. 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 Pierce Group AB and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pierce Group AB's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pierce Group AB stock overvalued right now?
Based on GuruFocus' analysis, Pierce Group AB (OSTO:PIERCE) is currently considered Fairly Valued. The stock's GF Value™ is kr9.78, compared to a current price of kr10.38 — trading 6.1% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Pierce Group AB's overall GF Score™ is 66/100 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 Pierce Group AB (OSTO:PIERCE), the current Interest Coverage is 0 (At Loss) 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 Pierce Group AB (OSTO:PIERCE) Overvalued in 2026?
Based on GuruFocus' analysis, Pierce Group AB stock appears to be overvalued.
The current stock price of kr10.38 is trading 6.1% above its estimated GF Value™ of kr9.78.
GuruFocus considers Pierce Group AB to be Fairly Valued.
Key valuation signals for OSTO:PIERCE:
Interest Coverage: 0 (At Loss)
GF Value™: kr9.78 vs. price of kr10.38 (6.1% above fair value)
No single metric tells the full story. See the OSTO:PIERCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pierce Group AB is an e-commerce company engaged in the sale of motorcycle and snowmobile gear, parts, accessories, and streetwear through its online stores, including 24MX, XLMOTO, and Sledstore. The company operates across European markets with a local online presence. It reports its business as a single operating segment. Geographically, the company generates the majority of its revenue from markets outside the Nordics, particularly Germany, France, Italy, and the United Kingdom, followed by Sweden and other Nordic regions.
66GF Score
Get the complete analysis for OSTO:PIERCE
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