Plytec Holding Bhd (XKLS:0289) Interest Coverage: 3.71 (As of Mar. 2026) — 30% Below Median


XKLS:0289 Plytec Holding Bhd XKLS:0289
34 GF Score
Price RM0.19
GF Value RM0.27
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Plytec Holding Bhd Interest Coverage?

Plytec Holding Bhd XKLS:0289 -2.63% 34 Interest Coverage is 3.71 as of Mar. 2026, which is 30% below its 10-year median of 5.27. GuruFocus rates XKLS:0289 with a GF Score™ of 34/100 and a GF Value™ of RM0.27 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 307 Building Materials companies, Plytec Holding Bhd ranks worse than 62.21% 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. Plytec Holding Bhd's Operating Income for the three months ended in Mar. 2026 was RM4.4 Mil. Plytec Holding Bhd's Interest Expense for the three months ended in Mar. 2026 was RM-1.2 Mil. Plytec Holding Bhd's interest coverage for the quarter that ended in Mar. 2026 was 3.71. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Plytec Holding Bhd interest coverage is 4.24, which is low.

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

XKLS:0289' s Interest Coverage Range Over the Past 10 Years
Min: 3.45   Med: 5.27   Max: 7.12
Current: 4.24


XKLS:0289's Interest Coverage is ranked worse than
62.21% of 307 companies
in the Building Materials industry
Industry Median: 6.63 vs XKLS:0289: 4.24

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


Plytec Holding Bhd  (XKLS:0289) 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 .


Plytec Holding Bhd Interest Coverage Related Terms


Plytec Holding Bhd Interest Coverage Historical Data

* Premium members only.

The historical data trend for Plytec Holding Bhd'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.

Plytec Holding Bhd Interest Coverage Chart

Plytec Holding Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 6.12 7.12 3.60 6.56 4.42

Plytec Holding Bhd Quarterly Data
Dec20 Dec21 Dec22 May23 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 4.51 5.47 4.52 3.32 3.71

XKLS:0289 vs CRH, VMC, MLM: Interest Coverage Comparison

For the Building Materials subindustry, Plytec Holding Bhd'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.


Plytec Holding Bhd Interest Coverage vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Plytec Holding Bhd's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Plytec Holding Bhd's Interest Coverage falls into.


XKLS:0289
34GF Score
Plytec Holding Bhd XKLS:0289
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Plytec Holding Bhd 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.

Plytec Holding Bhd'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, Plytec Holding Bhd's Interest Expense was RM-5.0 Mil. Its Operating Income was RM22.1 Mil. And its Long-Term Debt & Capital Lease Obligation was RM37.2 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*22.129/-5.005
=4.42

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

Here, for the three months ended in Mar. 2026, Plytec Holding Bhd's Interest Expense was RM-1.2 Mil. Its Operating Income was RM4.4 Mil. And its Long-Term Debt & Capital Lease Obligation was RM35.1 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*4.427/-1.192
=3.71

* 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 3.71 mean?
Plytec Holding Bhd (XKLS:0289) has a Interest Coverage of 3.71 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Plytec Holding Bhd and its competitors. This is 30% below median its historical median of 5.27. Over the past decade, Plytec Holding Bhd's Interest Coverage has ranged from 3.45 to 7.12. According to the industry distribution chart, Plytec Holding Bhd ranks #191 out of 307 companies in the Building Materials industry, placing it in the top 62.2%.
Is Plytec Holding Bhd's Interest Coverage too high?
Plytec Holding Bhd's current Interest Coverage of 3.71 is 30% below median its 10-year median of 5.27. Over the past 10 years, this metric has ranged from a low of 3.45 to a high of 7.12. The Building Materials industry median Interest Coverage is 6.63. Plytec Holding Bhd's value of 3.71 is 44% below this industry median. Based on the distribution chart, Plytec Holding Bhd ranks #191 out of 307 companies in the Building Materials industry, which is below the industry midpoint. Overall, Plytec Holding Bhd has a GF Score™ of 34/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Plytec Holding Bhd's Interest Coverage compare to CRH and VMC?
According to the Building Materials industry distribution chart, Plytec Holding Bhd ranks #191 out of 307 companies for Interest Coverage. This places Plytec Holding Bhd in the lower half of its industry. The industry median Interest Coverage is 6.63. Plytec Holding Bhd's value of 3.71 is 44% below this benchmark. Historically, Plytec Holding Bhd's own Interest Coverage has ranged from 3.45 to 7.12 over the past decade. While the company's 10-year median is 5.27 vs. the industry median of 6.63, Plytec Holding Bhd 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 Building Materials company?
The median Interest Coverage among Building Materials companies is 6.63, based on 307 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. Plytec Holding Bhd's current Interest Coverage of 3.71 is 44% 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 Plytec Holding Bhd and its competitors. For the Building Materials industry, the median Interest Coverage is 6.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plytec Holding Bhd's current Interest Coverage is 3.71, which is 30% below median its own 10-year median of 5.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plytec Holding Bhd stock overvalued right now?
Based on GuruFocus' analysis, Plytec Holding Bhd (XKLS:0289) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.27, compared to a current price of RM0.19 — trading 31.5% below its estimated fair value. The current Interest Coverage is 3.71, which is 30% below median its 10-year median of 5.27 and 44% below the Building Materials industry median of 6.63. Plytec Holding Bhd's overall GF Score™ is 34/100 with 8 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 Plytec Holding Bhd (XKLS:0289), the current Interest Coverage is 3.71 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 Plytec Holding Bhd (XKLS:0289) Overvalued in 2026?

Based on GuruFocus' analysis, Plytec Holding Bhd stock appears to be undervalued. The current stock price of RM0.19 is trading 31.5% below its estimated GF Value™ of RM0.27. GuruFocus considers Plytec Holding Bhd to be Possible Value Trap.

Key valuation signals for XKLS:0289:

  • Interest Coverage: 3.71 (30% below median its 10-year median of 5.27)
  • GF Value™: RM0.27 vs. price of RM0.19 (31.5% below fair value)
  • GF Score™: 34/100 with 8 warning signs
  • Industry Position: 44% below the Building Materials median (#191 of 307)

No single metric tells the full story. See the XKLS:0289 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Plytec Holding Bhd Business Description

Address No. 19, Jalan Meranti Permai 3, Jalan Puchong, Meranti Permai Industrial Park, Batu 15, Puchong, SGR, MYS, 47100
Plytec Holding Bhd is principally involved in the provision of construction engineering solutions and trading and distribution of core and general building materials for construction projects. Its construction engineering solutions and services include CME Solutions, DDE Solutions, and PC Solutions, which are aimed at increasing the efficiency and safety in construction activities via the adoption of industrialization practices. The company's reportable segments are Construction method engineering solutions, Manufacturing, trading and distribution of building materials, Digital design and engineering solutions, Prefabricated construction solutions and Polymer material compounding and product. The majority of revenue is generated from construction method engineering solutions.
34GF Score

Get the complete analysis for XKLS:0289

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

RM0.19
Price
RM0.27
GF Value