BE Group AB (STU:BGA1) Interest Coverage: 2.40 (As of Jun. 2026) — 58% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:BGA1 BE Group AB STU:BGA1
58 GF Score
Price €2.47
GF Value €2.31
! 6 Warning Signs
View Full Analysis

What is BE Group AB Interest Coverage?

BE Group AB STU:BGA1 +1.65% 58 Interest Coverage is 2.40 as of Jun. 2026, which is 58% below its 10-year median of 5.65. GuruFocus rates STU:BGA1 with a GF Score™ of 58/100 and a GF Value™ of €2.31. The stock has 6 warning signs investors should review. Among 457 Steel companies, BE Group AB ranks worse than 218818.16% 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. BE Group AB's Operating Income for the three months ended in Jun. 2026 was €1.1 Mil. BE Group AB's Interest Expense for the three months ended in Jun. 2026 was €-0.5 Mil. BE Group AB's interest coverage for the quarter that ended in Jun. 2026 was 2.40. The higher the ratio, the stronger the company's financial strength is.

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


STU:BGA1's Interest Coverage is not ranked *
in the Steel industry.
Industry Median: 4.48
* Ranked among companies with meaningful Interest Coverage only.

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


BE Group AB  (STU:BGA1) 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 .


BE Group AB Interest Coverage Related Terms


BE Group AB Interest Coverage Historical Data

* Premium members only.

The historical data trend for BE 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.

BE Group AB Interest Coverage Chart

BE Group AB 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 40.86 20.79 0.00 0.00 0.00

BE Group AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 0.67 2.40

STU:BGA1 vs NUE, STLD, RS: Interest Coverage Comparison

For the Steel subindustry, BE 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.


BE Group AB Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, BE Group AB's Interest Coverage distribution charts can be found below:

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


STU:BGA1
58GF Score
BE Group AB STU:BGA1
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BE 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.

BE Group AB'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, BE Group AB's Interest Expense was €-2.6 Mil. Its Operating Income was €-12.7 Mil. And its Long-Term Debt & Capital Lease Obligation was €53.7 Mil.

BE Group AB did not have earnings to cover the interest expense.

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

Here, for the three months ended in Jun. 2026, BE Group AB's Interest Expense was €-0.5 Mil. Its Operating Income was €1.1 Mil. And its Long-Term Debt & Capital Lease Obligation was €54.2 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*1.095/-0.456
=2.40

* 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 2.40 mean?
BE Group AB (STU:BGA1) has a Interest Coverage of 2.40 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on BE Group AB and its competitors. This is 58% below median its historical median of 5.65. According to the industry distribution chart, BE Group AB ranks #999999 out of 457 companies in the Steel industry.
Is BE Group AB's Interest Coverage too high?
BE Group AB's current Interest Coverage of 2.40 is 58% below median its 10-year median of 5.65. The Steel industry median Interest Coverage is 4.48. BE Group AB's value of 2.40 is 46.4% below this industry median. Based on the distribution chart, BE Group AB ranks #999999 out of 457 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, BE Group AB has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does BE Group AB's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, BE Group AB ranks #999999 out of 457 companies for Interest Coverage. This places BE Group AB in the lower half of its industry. The industry median Interest Coverage is 4.48. BE Group AB's value of 2.40 is 46.4% below this benchmark. While the company's 10-year median is 5.65 vs. the industry median of 4.48, BE 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 Steel company?
The median Interest Coverage among Steel companies is 4.48, based on 457 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. BE Group AB's current Interest Coverage of 2.40 is 46.4% 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 BE Group AB and its competitors. For the Steel industry, the median Interest Coverage is 4.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BE Group AB's current Interest Coverage is 2.40, which is 58% below median its own 10-year median of 5.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BE Group AB stock overvalued right now?
BE Group AB (STU:BGA1) has a current Interest Coverage of 2.40. The stock's GF Value™ is €2.31, compared to a current price of €2.47 — trading 6.9% above its estimated fair value. The current Interest Coverage is 2.40, which is 58% below median its 10-year median of 5.65 and 46.4% below the Steel industry median of 4.48. BE Group AB's overall GF Score™ is 58/100 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 BE Group AB (STU:BGA1), the current Interest Coverage is 2.40 as of Jun. 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 BE Group AB (STU:BGA1) Overvalued in 2026?

Based on GuruFocus' analysis, BE Group AB stock appears to be overvalued. The current stock price of €2.47 is trading 6.9% above its estimated GF Value™ of €2.31.

Key valuation signals for STU:BGA1:

  • Interest Coverage: 2.40 (58% below median its 10-year median of 5.65)
  • GF Value™: €2.31 vs. price of €2.47 (6.9% above fair value)
  • GF Score™: 58/100 with 6 warning signs
  • Industry Position: 46.4% below the Steel median (#999999 of 457)

No single metric tells the full story. See the STU:BGA1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BE Group AB Business Description

Other Exchanges BEGR:Sweden0RGK:UK
Address Krangatan 19B, Box 225, Malmo, SWE, 201 22
BE Group AB is a steel service company engaged in trading and servicing steel, stainless steel, aluminium and other related products. The company offers direct deliveries, inventory sales and production services within the construction and engineering sectors. Its product range consists of commercial steel and tubes, engineering steel, reinforcing steel, stainless steel and aluminium. In addition, the company's resources for production service include cutting and sawing of steel, stainless steel and aluminium, shot-blasting and protective painting, cutting and drilling facilities, integrated in-line, flame-cutting, slitting and cutting to length and pre-processing of reinforcing steel. Geographically, the segments of the company are Sweden and Polen; Finland and the Baltics.
58GF Score

Get the complete analysis for STU:BGA1

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

€2.47
Price
€2.31
GF Value