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. FORTEC Elektronik AG's
Operating Income
for the
three
months ended in Mar. 2026 was €0.22 Mil. FORTEC Elektronik AG's Interest Expense for the
three
months ended in Mar. 2026 was €-0.06 Mil.
FORTEC Elektronik AG's interest coverage for the quarter that ended in Mar. 2026 was 3.55.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for FORTEC Elektronik AG's Interest Coverage or its related term are showing as below:
WBO:FEV'
s Interest Coverage Range Over the Past 10 Years
Min: 6.28 Med: 58.07 Max: 97.79
Current: 6.28
WBO:FEV's Interest Coverage is ranked worse than 69.4% of 1673
companies
in the Hardware industry
Industry Median: 13.73
vs WBO:FEV: 6.28
FORTEC Elektronik AG (WBO:FEV) 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 .
FORTEC Elektronik AG Interest Coverage Related Terms
FORTEC Elektronik AG Interest Coverage Historical Data
* Premium members only.
The historical data trend for FORTEC Elektronik AG'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.
WBO:FEV vs SNX, ARW, AVT: Interest Coverage Comparison
For the Electronics & Computer Distribution subindustry, FORTEC Elektronik AG'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.
FORTEC Elektronik AG Interest Coverage vs Hardware Industry
For the Hardware industry and Technology sector, FORTEC Elektronik AG's Interest Coverage distribution charts can be found below:
* The bar in red indicates where FORTEC Elektronik AG's Interest Coverage falls into.
FORTEC Elektronik AG 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.
FORTEC Elektronik AG (WBO:FEV) has a Interest Coverage of 3.55 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on FORTEC Elektronik AG and its competitors. This is 94% below median its historical median of 58.07. Over the past decade, FORTEC Elektronik AG's Interest Coverage has ranged from 6.28 to 97.79. According to the industry distribution chart, FORTEC Elektronik AG ranks #1161 out of 1673 companies in the Hardware industry, placing it in the top 69.4%.
Is FORTEC Elektronik AG's Interest Coverage too high?
FORTEC Elektronik AG's current Interest Coverage of 3.55 is 94% below median its 10-year median of 58.07. Over the past 10 years, this metric has ranged from a low of 6.28 to a high of 97.79. The Hardware industry median Interest Coverage is 13.73. FORTEC Elektronik AG's value of 3.55 is 74.1% below this industry median. Based on the distribution chart, FORTEC Elektronik AG ranks #1161 out of 1673 companies in the Hardware industry, which is below the industry midpoint. Overall, FORTEC Elektronik AG has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does FORTEC Elektronik AG's Interest Coverage compare to SNX and ARW?
According to the Hardware industry distribution chart, FORTEC Elektronik AG ranks #1161 out of 1673 companies for Interest Coverage. This places FORTEC Elektronik AG in the lower half of its industry. The industry median Interest Coverage is 13.73. FORTEC Elektronik AG's value of 3.55 is 74.1% below this benchmark. Historically, FORTEC Elektronik AG's own Interest Coverage has ranged from 6.28 to 97.79 over the past decade. While the company's 10-year median is 58.07 vs. the industry median of 13.73, FORTEC Elektronik AG 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 Hardware company?
The median Interest Coverage among Hardware companies is 13.73, based on 1,673 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. FORTEC Elektronik AG's current Interest Coverage of 3.55 is 74.1% 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 FORTEC Elektronik AG and its competitors. For the Hardware industry, the median Interest Coverage is 13.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FORTEC Elektronik AG's current Interest Coverage is 3.55, which is 94% below median its own 10-year median of 58.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FORTEC Elektronik AG stock overvalued right now?
FORTEC Elektronik AG (WBO:FEV) has a current Interest Coverage of 3.55. The stock's GF Value™ is €15.87, compared to a current price of €13.00 — trading 18.1% below its estimated fair value. The current Interest Coverage is 3.55, which is 94% below median its 10-year median of 58.07 and 74.1% below the Hardware industry median of 13.73. FORTEC Elektronik AG's overall GF Score™ is 71/100 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 FORTEC Elektronik AG (WBO:FEV), the current Interest Coverage is 3.55 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 FORTEC Elektronik AG (WBO:FEV) Overvalued in 2026?
Based on GuruFocus' analysis, FORTEC Elektronik AG stock appears to be undervalued.
The current stock price of €13.00 is trading 18.1% below its estimated GF Value™ of €15.87.
Key valuation signals for WBO:FEV:
Interest Coverage: 3.55 (94% below median its 10-year median of 58.07)
GF Value™: €15.87 vs. price of €13.00 (18.1% below fair value)
Industry Position: 74.1% below the Hardware median (#1161 of 1673)
No single metric tells the full story. See the WBO:FEV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FORTEC Elektronik AG is a Germany based company. It is a system supplier for equipment manufacturers of industrial high-tech products. Its product portfolio includes large format displays, displays with LED backlight, touchscreens, single board computer, embedded motherboards, slot CPU cards, and VacuBond. chassis mount, external power supplies, among others. It has two operating segments: Data visualisation and Power Supplies.
71GF Score
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