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Watani Iron Steel CoSAU:9513 -4.33%62 Interest Coverage is 1.88 as of Mar. 2026, which is 67% below its 10-year median of 5.72. GuruFocus rates SAU:9513 with a GF Score™ of 62/100 and a GF Value™ of ﷼1.93 (Fairly Valued). The stock has 8 warning signs investors should review. Among 455 Steel companies, Watani Iron Steel Co ranks worse than 219780% 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. Watani Iron Steel Co's
Operating Income
for the
three
months ended in Mar. 2026 was ﷼3.0 Mil. Watani Iron Steel Co's Interest Expense for the
three
months ended in Mar. 2026 was ﷼-1.6 Mil.
Watani Iron Steel Co's interest coverage for the quarter that ended in Mar. 2026 was 1.88.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Watani Iron Steel Co's Interest Coverage or its related term are showing as below:
SAU:9513's Interest Coverage is not ranked *
in the Steel industry.
Industry Median: 4.57 * Ranked among companies with meaningful Interest Coverage only.
Watani Iron Steel Co (SAU:9513) 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 .
Watani Iron Steel Co Interest Coverage Related Terms
Watani Iron Steel Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Watani Iron Steel Co'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.
SAU:9513 vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, Watani Iron Steel Co'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.
Watani Iron Steel Co Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, Watani Iron Steel Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Watani Iron Steel Co's Interest Coverage falls into.
Watani Iron Steel Co 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:
* 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.
Watani Iron Steel Co (SAU:9513) has a Interest Coverage of 1.88 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Watani Iron Steel Co and its competitors. This is 67% below median its historical median of 5.72. According to the industry distribution chart, Watani Iron Steel Co ranks #999999 out of 455 companies in the Steel industry.
Is Watani Iron Steel Co's Interest Coverage too high?
Watani Iron Steel Co's current Interest Coverage of 1.88 is 67% below median its 10-year median of 5.72. The Steel industry median Interest Coverage is 4.57. Watani Iron Steel Co's value of 1.88 is 58.9% below this industry median. Based on the distribution chart, Watani Iron Steel Co ranks #999999 out of 455 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Watani Iron Steel Co has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Watani Iron Steel Co's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Watani Iron Steel Co ranks #999999 out of 455 companies for Interest Coverage. This places Watani Iron Steel Co in the lower half of its industry. The industry median Interest Coverage is 4.57. Watani Iron Steel Co's value of 1.88 is 58.9% below this benchmark. While the company's 10-year median is 5.72 vs. the industry median of 4.57, Watani Iron Steel Co 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 Steel company?
The median Interest Coverage among Steel companies is 4.57, based on 455 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. Watani Iron Steel Co's current Interest Coverage of 1.88 is 58.9% 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 Watani Iron Steel Co and its competitors. For the Steel industry, the median Interest Coverage is 4.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Watani Iron Steel Co's current Interest Coverage is 1.88, which is 67% below median its own 10-year median of 5.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Watani Iron Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Watani Iron Steel Co (SAU:9513) is currently considered Fairly Valued. The stock's GF Value™ is ﷼1.93, compared to a current price of ﷼1.99 — trading 3.1% above its estimated fair value. The current Interest Coverage is 1.88, which is 67% below median its 10-year median of 5.72 and 58.9% below the Steel industry median of 4.57. Watani Iron Steel Co's overall GF Score™ is 62/100 with 8 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 Watani Iron Steel Co (SAU:9513), the current Interest Coverage is 1.88 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 Watani Iron Steel Co (SAU:9513) Overvalued in 2026?
Based on GuruFocus' analysis, Watani Iron Steel Co stock appears to be overvalued.
The current stock price of ﷼1.99 is trading 3.1% above its estimated GF Value™ of ﷼1.93.
GuruFocus considers Watani Iron Steel Co to be Fairly Valued.
Key valuation signals for SAU:9513:
Interest Coverage: 1.88 (67% below median its 10-year median of 5.72)
GF Value™: ﷼1.93 vs. price of ﷼1.99 (3.1% above fair value)
Industry Position: 58.9% below the Steel median (#999999 of 455)
No single metric tells the full story. See the SAU:9513 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Watani Iron Steel Co is engaged in the manufacture of primary iron products in the form of blocks of substrates and waste after being melted, as well as the manufacture of sheet plates, strip coils, bar bars, wire corners, and clips of all shapes.
62GF Score
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