VTXPF (Victrex) Interest Coverage: 16.00 (As of Mar. 2026) — 94% Below Median


VTXPF Victrex PLC VTXPF
68 GF Score
Price $8.18
GF Value $14.78
Valuation Significantly Undervalued
! 7 Warning Signs
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What is Victrex Interest Coverage?

Victrex VTXPF 68 Interest Coverage is 16.00 as of Mar. 2026, which is 94% below its 10-year median of 288.88. GuruFocus rates VTXPF with a GF Score™ of 68/100 and a GF Value™ of $14.78 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 1,237 Chemicals companies, Victrex ranks better than 58.61% 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. Victrex's Operating Income for the six months ended in Mar. 2026 was $23.5 Mil. Victrex's Interest Expense for the six months ended in Mar. 2026 was $-1.5 Mil. Victrex's interest coverage for the quarter that ended in Mar. 2026 was 16.00. The higher the ratio, the stronger the company's financial strength is.

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

VTXPF' s Interest Coverage Range Over the Past 10 Years
Min: 16.42   Med: 288.88   Max: No Debt
Current: 16.42


VTXPF's Interest Coverage is ranked better than
58.61% of 1237 companies
in the Chemicals industry
Industry Median: 10.26 vs VTXPF: 16.42

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


Victrex  (OTCPK:VTXPF) 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 .


Victrex Interest Coverage Related Terms


Victrex Interest Coverage Historical Data

* Premium members only.

The historical data trend for Victrex'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.

Victrex Interest Coverage Chart

Victrex Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 466.53 294.79 183.02 26.94 16.58

Victrex Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 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 34.02 22.00 16.37 16.77 16.00

VTXPF vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Victrex'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.


Victrex Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Victrex's Interest Coverage distribution charts can be found below:

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


VTXPF
68GF Score
Victrex PLC VTXPF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Victrex 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.

Victrex's Interest Coverage for the fiscal year that ended in Sep. 2025 is calculated as

Here, for the fiscal year that ended in Sep. 2025, Victrex's Interest Expense was $-3.2 Mil. Its Operating Income was $53.8 Mil. And its Long-Term Debt & Capital Lease Obligation was $40.0 Mil.

Interest Coverage=-1* Operating Income (A: Sep. 2025 )/Interest Expense (A: Sep. 2025 )
=-1*53.784/-3.243
=16.58

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

Here, for the six months ended in Mar. 2026, Victrex's Interest Expense was $-1.5 Mil. Its Operating Income was $23.5 Mil. And its Long-Term Debt & Capital Lease Obligation was $49.5 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*23.467/-1.467
=16.00

* 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 16.00 mean?
Victrex (VTXPF) has a Interest Coverage of 16.00 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Victrex and its competitors. This is 94% below median its historical median of 288.88. Over the past decade, Victrex's Interest Coverage has ranged from 16.42 to 10,000.00. According to the industry distribution chart, Victrex ranks #512 out of 1237 companies in the Chemicals industry, placing it in the top 41.4%.
Is Victrex's Interest Coverage too high?
Victrex's current Interest Coverage of 16.00 is 94% below median its 10-year median of 288.88. Over the past 10 years, this metric has ranged from a low of 16.42 to a high of 10,000.00. The Chemicals industry median Interest Coverage is 10.26. Victrex's value of 16.00 is 55.9% above this industry median. Based on the distribution chart, Victrex ranks #512 out of 1237 companies in the Chemicals industry, which is above the industry midpoint. Overall, Victrex has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Victrex's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Victrex ranks #512 out of 1237 companies for Interest Coverage. This puts Victrex in the upper half of its industry. The industry median Interest Coverage is 10.26. Victrex's value of 16.00 is 55.9% above this benchmark. Historically, Victrex's own Interest Coverage has ranged from 16.42 to 10,000.00 over the past decade. While the company's 10-year median is 288.88 vs. the industry median of 10.26, Victrex has consistently been above 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.26, based on 1,237 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. Victrex's current Interest Coverage of 16.00 is 55.9% above 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 Victrex and its competitors. For the Chemicals industry, the median Interest Coverage is 10.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Victrex's current Interest Coverage is 16.00, which is 94% below median its own 10-year median of 288.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victrex stock overvalued right now?
Based on GuruFocus' analysis, Victrex (VTXPF) is currently considered Significantly Undervalued. The stock's GF Value™ is $14.78, compared to a current price of $8.18 — trading 44.7% below its estimated fair value. The current Interest Coverage is 16.00, which is 94% below median its 10-year median of 288.88 and 55.9% above the Chemicals industry median of 10.26. Victrex's overall GF Score™ is 68/100 with 7 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 Victrex (VTXPF), the current Interest Coverage is 16.00 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 Victrex (VTXPF) Overvalued in 2026?

Based on GuruFocus' analysis, Victrex stock appears to be undervalued. The current stock price of $8.18 is trading 44.7% below its estimated GF Value™ of $14.78. GuruFocus considers Victrex to be Significantly Undervalued.

Key valuation signals for VTXPF:

  • Interest Coverage: 16.00 (94% below median its 10-year median of 288.88)
  • GF Value™: $14.78 vs. price of $8.18 (44.7% below fair value)
  • GF Score™: 68/100 with 7 warning signs
  • Industry Position: 55.9% above the Chemicals median (#512 of 1237)

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


Victrex Business Description

Other Exchanges VCTl:UKVCT:UK1OY:Germany
Address Victrex Technology Centre, Hillhouse International, Thornton Cleveleys, Lancashire, GBR, FY5 4QD
Victrex PLC is a British specialty chemicals company whose business is based predominantly on manufacturing and creating solutions using polyetheretherketone, or PEEK, an ultra-high-performance lightweight plastic. The business has two segments. The Sustainable Solutions targets transportation, energy, electronics, and manufacturing, while the Medical Segment provides healthcare solutions for the implantable device markets. Geographically operates in the United Kingdom, Europe, the Middle East and Africa (EMEA), America, and Asia-Pacific. Its maximum sales are generated from the Middle East and Africa (EMEA).
68GF Score

Get the complete analysis for VTXPF

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

$8.18
Price
$14.78
GF Value