JB Foods (SGX:BEW) Interest Coverage: 4.34 (As of Mar. 2026) — Near Median

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SGX:BEW JB Foods Ltd SGX:BEW
78 GF Score
Price S$0.72
GF Value S$1.03
Valuation Significantly Undervalued
! 6 Warning Signs
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What is JB Foods Interest Coverage?

JB Foods SGX:BEW 78 Interest Coverage is 4.34 as of Mar. 2026, which is 8% below its 10-year median of 4.71. GuruFocus rates SGX:BEW with a GF Score™ of 78/100 and a GF Value™ of S$1.03 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,511 Consumer Packaged Goods companies, JB Foods ranks worse than 60.69% 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. JB Foods's Operating Income for the six months ended in Mar. 2026 was S$64 Mil. JB Foods's Interest Expense for the six months ended in Mar. 2026 was S$-15 Mil. JB Foods's interest coverage for the quarter that ended in Mar. 2026 was 4.34. The higher the ratio, the stronger the company's financial strength is.

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

SGX:BEW' s Interest Coverage Range Over the Past 10 Years
Min: 1.3   Med: 4.71   Max: 13.31
Current: 5.41


SGX:BEW's Interest Coverage is ranked worse than
60.69% of 1511 companies
in the Consumer Packaged Goods industry
Industry Median: 8.61 vs SGX:BEW: 5.41

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


JB Foods  (SGX:BEW) 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 .


JB Foods Interest Coverage Related Terms


JB Foods Interest Coverage Historical Data

* Premium members only.

The historical data trend for JB Foods'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.

JB Foods Interest Coverage Chart

JB Foods Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.98 2.65 4.01 1.30 5.41

JB Foods Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Sep25 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 3.63 0.00 4.31 6.32 4.34

SGX:BEW vs MDLZ, HSY, TR: Interest Coverage Comparison

For the Confectioners subindustry, JB Foods'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.


JB Foods Interest Coverage vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, JB Foods's Interest Coverage distribution charts can be found below:

* The bar in red indicates where JB Foods's Interest Coverage falls into.


SGX:BEW
78GF Score
JB Foods Ltd SGX:BEW
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JB Foods 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.

JB Foods's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, JB Foods's Interest Expense was S$-32 Mil. Its Operating Income was S$172 Mil. And its Long-Term Debt & Capital Lease Obligation was S$69 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*172.033/-31.797
=5.41

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

Here, for the six months ended in Mar. 2026, JB Foods's Interest Expense was S$-15 Mil. Its Operating Income was S$64 Mil. And its Long-Term Debt & Capital Lease Obligation was S$69 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*63.573/-14.642
=4.34

* 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 4.34 mean?
JB Foods (SGX:BEW) has a Interest Coverage of 4.34 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on JB Foods and its competitors. This is near median its historical median of 4.71. Over the past decade, JB Foods' Interest Coverage has ranged from 1.30 to 13.31. According to the industry distribution chart, JB Foods ranks #917 out of 1511 companies in the Consumer Packaged Goods industry, placing it in the top 60.7%.
Is JB Foods' Interest Coverage too high?
JB Foods' current Interest Coverage of 4.34 is near median its 10-year median of 4.71. Over the past 10 years, this metric has ranged from a low of 1.30 to a high of 13.31. The Consumer Packaged Goods industry median Interest Coverage is 8.61. JB Foods' value of 4.34 is 49.6% below this industry median. Based on the distribution chart, JB Foods ranks #917 out of 1511 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, JB Foods has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JB Foods' Interest Coverage compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, JB Foods ranks #917 out of 1511 companies for Interest Coverage. This places JB Foods in the lower half of its industry. The industry median Interest Coverage is 8.61. JB Foods' value of 4.34 is 49.6% below this benchmark. Historically, JB Foods' own Interest Coverage has ranged from 1.30 to 13.31 over the past decade. While the company's 10-year median is 4.71 vs. the industry median of 8.61, JB Foods 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 Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.61, based on 1,511 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. JB Foods's current Interest Coverage of 4.34 is 49.6% 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 JB Foods and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JB Foods's current Interest Coverage is 4.34, which is near median its own 10-year median of 4.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JB Foods stock overvalued right now?
Based on GuruFocus' analysis, JB Foods (SGX:BEW) is currently considered Significantly Undervalued. The stock's GF Value™ is S$1.03, compared to a current price of S$0.72 — trading 30.6% below its estimated fair value. The current Interest Coverage is 4.34, which is near median its 10-year median of 4.71 and 49.6% below the Consumer Packaged Goods industry median of 8.61. JB Foods' overall GF Score™ is 78/100 with 6 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 JB Foods (SGX:BEW), the current Interest Coverage is 4.34 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 JB Foods (SGX:BEW) Overvalued in 2026?

Based on GuruFocus' analysis, JB Foods stock appears to be undervalued. The current stock price of S$0.72 is trading 30.6% below its estimated GF Value™ of S$1.03. GuruFocus considers JB Foods to be Significantly Undervalued.

Key valuation signals for SGX:BEW:

  • Interest Coverage: 4.34 (near median its 10-year median of 4.71)
  • GF Value™: S$1.03 vs. price of S$0.72 (30.6% below fair value)
  • GF Score™: 78/100 with 6 warning signs
  • Industry Position: 49.6% below the Consumer Packaged Goods median (#917 of 1511)

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


JB Foods Business Description

Address Lot CP1, Jalan Tanjung A/6, Pelabuhan Tanjung Pelepas, Gelang Patah, JHR, MYS, 81560
JB Foods Ltd produces cocoa products. The company's products include cocoa powder, cocoa mass, and cocoa butter. The group's products are sold under the 'JB COCOA' brand name to the international customer base, ranging from international trade houses to end users such as food and beverage and confectionery manufacturers. The Group's key customers include Nestle Group, Mondelez Group, Mars Group, Hershey's Group, Itochu Corporation, Theobroma B.V., General Cocoa Company Inc., Olam Europe Limited, etc. The group operates in only one business segment, which is the production and sale of cocoa ingredients products. Geographically, the company derives the majority of its revenue from Singapore.
78GF Score

Get the complete analysis for SGX:BEW

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

S$0.72
Price
S$1.03
GF Value