Mega First Bhd (XKLS:3069) Interest Coverage: 11.27 (As of Mar. 2026) — 50% Below Median


XKLS:3069 Mega First Corp Bhd XKLS:3069
77 GF Score
Price RM2.92
GF Value RM3.18
Valuation Fairly Valued
! 6 Warning Signs
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What is Mega First Bhd Interest Coverage?

Mega First Bhd XKLS:3069 +1.04% 77 Interest Coverage is 11.27 as of Mar. 2026, which is 50% below its 10-year median of 22.73. GuruFocus rates XKLS:3069 with a GF Score™ of 77/100 and a GF Value™ of RM3.18 (Fairly Valued). The stock has 6 warning signs investors should review. Among 447 Utilities - Regulated companies, Mega First Bhd ranks better than 78.3% 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. Mega First Bhd's Operating Income for the three months ended in Mar. 2026 was RM105 Mil. Mega First Bhd's Interest Expense for the three months ended in Mar. 2026 was RM-9 Mil. Mega First Bhd's interest coverage for the quarter that ended in Mar. 2026 was 11.27. The higher the ratio, the stronger the company's financial strength is.

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

XKLS:3069' s Interest Coverage Range Over the Past 10 Years
Min: 10.65   Med: 22.73   Max: 32.69
Current: 11.45


XKLS:3069's Interest Coverage is ranked better than
78.3% of 447 companies
in the Utilities - Regulated industry
Industry Median: 3.78 vs XKLS:3069: 11.45

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


Mega First Bhd  (XKLS:3069) 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 .


Mega First Bhd Interest Coverage Related Terms


Mega First Bhd Interest Coverage Historical Data

* Premium members only.

The historical data trend for Mega First 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.

Mega First Bhd Interest Coverage Chart

Mega First Bhd 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 22.22 18.66 14.58 10.65 11.51

Mega First Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 9.74 8.51 13.35 13.24 11.27

XKLS:3069 vs NEE, SO, DUK: Interest Coverage Comparison

For the Utilities - Regulated Electric subindustry, Mega First 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.


Mega First Bhd Interest Coverage vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Mega First Bhd's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Mega First Bhd's Interest Coverage falls into.


XKLS:3069
77GF Score
Mega First Corp Bhd XKLS:3069
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mega First 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.

Mega First 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, Mega First Bhd's Interest Expense was RM-48 Mil. Its Operating Income was RM550 Mil. And its Long-Term Debt & Capital Lease Obligation was RM382 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*549.615/-47.751
=11.51

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

Here, for the three months ended in Mar. 2026, Mega First Bhd's Interest Expense was RM-9 Mil. Its Operating Income was RM105 Mil. And its Long-Term Debt & Capital Lease Obligation was RM390 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*105.455/-9.359
=11.27

* 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 11.27 mean?
Mega First Bhd (XKLS:3069) has a Interest Coverage of 11.27 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mega First Bhd and its competitors. This is 50% below median its historical median of 22.73. Over the past decade, Mega First Bhd's Interest Coverage has ranged from 10.65 to 32.69. According to the industry distribution chart, Mega First Bhd ranks #97 out of 447 companies in the Utilities - Regulated industry, placing it in the top 21.7%.
Is Mega First Bhd's Interest Coverage too high?
Mega First Bhd's current Interest Coverage of 11.27 is 50% below median its 10-year median of 22.73. Over the past 10 years, this metric has ranged from a low of 10.65 to a high of 32.69. The Utilities - Regulated industry median Interest Coverage is 3.78. Mega First Bhd's value of 11.27 is 198.1% above this industry median. Based on the distribution chart, Mega First Bhd ranks #97 out of 447 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Mega First Bhd has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mega First Bhd's Interest Coverage compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Mega First Bhd ranks #97 out of 447 companies for Interest Coverage. This places Mega First Bhd in the top 22% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 3.78. Mega First Bhd's value of 11.27 is 198.1% above this benchmark. Historically, Mega First Bhd's own Interest Coverage has ranged from 10.65 to 32.69 over the past decade. While the company's 10-year median is 22.73 vs. the industry median of 3.78, Mega First Bhd 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 an Utilities - Regulated company?
The median Interest Coverage among Utilities - Regulated companies is 3.78, based on 447 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. Mega First Bhd's current Interest Coverage of 11.27 is 198.1% 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 Mega First Bhd and its competitors. For the Utilities - Regulated industry, the median Interest Coverage is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mega First Bhd's current Interest Coverage is 11.27, which is 50% below median its own 10-year median of 22.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega First Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mega First Bhd (XKLS:3069) is currently considered Fairly Valued. The stock's GF Value™ is RM3.18, compared to a current price of RM2.92 — trading 8.2% below its estimated fair value. The current Interest Coverage is 11.27, which is 50% below median its 10-year median of 22.73 and 198.1% above the Utilities - Regulated industry median of 3.78. Mega First Bhd's overall GF Score™ is 77/100 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 Mega First Bhd (XKLS:3069), the current Interest Coverage is 11.27 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 Mega First Bhd (XKLS:3069) Overvalued in 2026?

Based on GuruFocus' analysis, Mega First Bhd stock appears to be undervalued. The current stock price of RM2.92 is trading 8.2% below its estimated GF Value™ of RM3.18. GuruFocus considers Mega First Bhd to be Fairly Valued.

Key valuation signals for XKLS:3069:

  • Interest Coverage: 11.27 (50% below median its 10-year median of 22.73)
  • GF Value™: RM3.18 vs. price of RM2.92 (8.2% below fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 198.1% above the Utilities - Regulated median (#97 of 447)

No single metric tells the full story. See the XKLS:3069 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mega First Bhd Business Description

Address No. 23 Jalan Barat, A-12-01, Level 12, Block A, PJ8, Seksyen 8, Petaling Jaya, SGR, MYS, 46050
Mega First Corp Bhd is an investment holding company. The group is organized into three main business segments as follows - Renewable Energy, Resources, Packaging, and Investment Renewable Holding and Others. The Renewable Energy segment builds, owns, and operates renewable power plants. The Resources segment is engaged in the quarrying of limestone, manufacturing and trading of lime products, and calcium carbonate powder. The Packaging segment is engaged in the Manufacturing and distribution of flexible packaging materials and products, paper bags, labels and stickers. The majority of its revenue is derived from the Renewable Energy segment. Geographically, the company derives majority of its revenue from the Lao PDR.
77GF Score

Get the complete analysis for XKLS:3069

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

RM2.92
Price
RM3.18
GF Value