SMSGY (Samsonite Group) Interest Coverage: 2.84 (As of Mar. 2026) — 41% Below Median


SMSGY Samsonite Group SA SMSGY
74 GF Score
Price $9.16
GF Value $15.03
Valuation Possible Value Trap
! 2 Warning Signs
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What is Samsonite Group Interest Coverage?

Samsonite Group SMSGY -3.63% 74 Interest Coverage is 2.84 as of Mar. 2026, which is 41% below its 10-year median of 4.78. GuruFocus rates SMSGY with a GF Score™ of 74/100 and a GF Value™ of $15.03 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 743 Manufacturing - Apparel & Accessories companies, Samsonite Group ranks worse than 55.72% 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. Samsonite Group's Operating Income for the three months ended in Mar. 2026 was $91 Mil. Samsonite Group's Interest Expense for the three months ended in Mar. 2026 was $-32 Mil. Samsonite Group's interest coverage for the quarter that ended in Mar. 2026 was 2.84. The higher the ratio, the stronger the company's financial strength is.

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

SMSGY' s Interest Coverage Range Over the Past 10 Years
Min: 0.94   Med: 4.78   Max: 7.58
Current: 3.93


SMSGY's Interest Coverage is ranked worse than
55.72% of 743 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.43 vs SMSGY: 3.93

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


Samsonite Group  (OTCPK:SMSGY) 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 .


Samsonite Group Interest Coverage Related Terms


Samsonite Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for Samsonite Group'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.

Samsonite Group Interest Coverage Chart

Samsonite Group 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 0.94 3.83 5.09 4.78 4.06

Samsonite Group Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 3.38 3.80 3.73 5.36 2.84

SMSGY vs NKE, DECK, ONON: Interest Coverage Comparison

For the Footwear & Accessories subindustry, Samsonite Group'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.


Samsonite Group Interest Coverage vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Samsonite Group's Interest Coverage distribution charts can be found below:

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


SMSGY
74GF Score
Samsonite Group SA SMSGY
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Samsonite Group 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.

Samsonite Group'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, Samsonite Group's Interest Expense was $-134 Mil. Its Operating Income was $542 Mil. And its Long-Term Debt & Capital Lease Obligation was $2,135 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*541.6/-133.5
=4.06

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

Here, for the three months ended in Mar. 2026, Samsonite Group's Interest Expense was $-32 Mil. Its Operating Income was $91 Mil. And its Long-Term Debt & Capital Lease Obligation was $2,116 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*91.3/-32.1
=2.84

* 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 2.84 mean?
Samsonite Group (SMSGY) has a Interest Coverage of 2.84 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Samsonite Group and its competitors. This is 41% below median its historical median of 4.78. Over the past decade, Samsonite Group's Interest Coverage has ranged from 0.94 to 7.58. According to the industry distribution chart, Samsonite Group ranks #414 out of 743 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 55.7%.
Is Samsonite Group's Interest Coverage too high?
Samsonite Group's current Interest Coverage of 2.84 is 41% below median its 10-year median of 4.78. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 7.58. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.43. Samsonite Group's value of 2.84 is 47.7% below this industry median. Based on the distribution chart, Samsonite Group ranks #414 out of 743 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Samsonite Group has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Samsonite Group's Interest Coverage compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Samsonite Group ranks #414 out of 743 companies for Interest Coverage. This places Samsonite Group in the lower half of its industry. The industry median Interest Coverage is 5.43. Samsonite Group's value of 2.84 is 47.7% below this benchmark. Historically, Samsonite Group's own Interest Coverage has ranged from 0.94 to 7.58 over the past decade. While the company's 10-year median is 4.78 vs. the industry median of 5.43, Samsonite Group 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 Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.43, based on 743 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. Samsonite Group's current Interest Coverage of 2.84 is 47.7% 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 Samsonite Group and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Samsonite Group's current Interest Coverage is 2.84, which is 41% below median its own 10-year median of 4.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Samsonite Group stock overvalued right now?
Based on GuruFocus' analysis, Samsonite Group (SMSGY) is currently considered Possible Value Trap. The stock's GF Value™ is $15.03, compared to a current price of $9.16 — trading 39.1% below its estimated fair value. The current Interest Coverage is 2.84, which is 41% below median its 10-year median of 4.78 and 47.7% below the Manufacturing - Apparel & Accessories industry median of 5.43. Samsonite Group's overall GF Score™ is 74/100 with 2 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 Samsonite Group (SMSGY), the current Interest Coverage is 2.84 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 Samsonite Group (SMSGY) Overvalued in 2026?

Based on GuruFocus' analysis, Samsonite Group stock appears to be undervalued. The current stock price of $9.16 is trading 39.1% below its estimated GF Value™ of $15.03. GuruFocus considers Samsonite Group to be Possible Value Trap.

Key valuation signals for SMSGY:

  • Interest Coverage: 2.84 (41% below median its 10-year median of 4.78)
  • GF Value™: $15.03 vs. price of $9.16 (39.1% below fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 47.7% below the Manufacturing - Apparel & Accessories median (#414 of 743)

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


Samsonite Group Business Description

Address 13-15, Avenue de la Liberte, Luxembourg, LUX, L-1931
Samsonite holds approximately 19% of the global luggage market. The company produces and sells travel luggage under a portfolio of brands—including Tumi, Samsonite, and American Tourister—targeting a range of consumer segments. While the majority of its products are manufactured by third-party suppliers in China and Southeast Asia, Samsonite also produces select proprietary materials in-house.
74GF Score

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

$9.16
Price
$15.03
GF Value