Partners Group Holding AG (XSWX:PGHN) Interest Coverage: 29.33 (As of Dec. 2025) — 83% Below Median


XSWX:PGHN Partners Group Holding AG XSWX:PGHN
80 GF Score
Price CHF681.60
GF Value CHF1,370.58
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Partners Group Holding AG Interest Coverage?

Partners Group Holding AG XSWX:PGHN +0.62% 80 Interest Coverage is 29.33 as of Dec. 2025, which is 83% below its 10-year median of 172.42. GuruFocus rates XSWX:PGHN with a GF Score™ of 80/100 and a GF Value™ of CHF1,370.58 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 476 Asset Management companies, Partners Group Holding AG ranks worse than 52.73% 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. Partners Group Holding AG's Operating Income for the six months ended in Dec. 2025 was CHF845 Mil. Partners Group Holding AG's Interest Expense for the six months ended in Dec. 2025 was CHF-29 Mil. Partners Group Holding AG's interest coverage for the quarter that ended in Dec. 2025 was 29.33. The higher the ratio, the stronger the company's financial strength is.

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

XSWX:PGHN' s Interest Coverage Range Over the Past 10 Years
Min: 34.4   Med: 172.42   Max: 586.91
Current: 34.4


XSWX:PGHN's Interest Coverage is ranked worse than
52.73% of 476 companies
in the Asset Management industry
Industry Median: 43.145 vs XSWX:PGHN: 34.40

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


Partners Group Holding AG  (XSWX:PGHN) 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 .


Partners Group Holding AG Interest Coverage Related Terms


Partners Group Holding AG Interest Coverage Historical Data

* Premium members only.

The historical data trend for Partners Group Holding 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.

Partners Group Holding AG Interest Coverage Chart

Partners Group Holding AG 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 185.44 159.39 92.46 46.74 34.40

Partners Group Holding AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 58.38 59.93 39.30 43.54 29.33

XSWX:PGHN vs BLK, BX, KKR: Interest Coverage Comparison

For the Asset Management subindustry, Partners Group Holding 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.


Partners Group Holding AG Interest Coverage vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Partners Group Holding AG's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Partners Group Holding AG's Interest Coverage falls into.


XSWX:PGHN
80GF Score
Partners Group Holding AG XSWX:PGHN
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Partners Group Holding 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:

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.

Partners Group Holding AG'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, Partners Group Holding AG's Interest Expense was CHF-45 Mil. Its Operating Income was CHF1,541 Mil. And its Long-Term Debt & Capital Lease Obligation was CHF1,415 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*1541.3/-44.8
=34.40

Partners Group Holding AG's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Partners Group Holding AG's Interest Expense was CHF-29 Mil. Its Operating Income was CHF845 Mil. And its Long-Term Debt & Capital Lease Obligation was CHF1,415 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*844.6/-28.8
=29.33

* 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 29.33 mean?
Partners Group Holding AG (XSWX:PGHN) has a Interest Coverage of 29.33 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Partners Group Holding AG and its competitors. This is 83% below median its historical median of 172.42. Over the past decade, Partners Group Holding AG's Interest Coverage has ranged from 34.40 to 586.91. According to the industry distribution chart, Partners Group Holding AG ranks #251 out of 476 companies in the Asset Management industry, placing it in the top 52.7%.
Is Partners Group Holding AG's Interest Coverage too high?
Partners Group Holding AG's current Interest Coverage of 29.33 is 83% below median its 10-year median of 172.42. Over the past 10 years, this metric has ranged from a low of 34.40 to a high of 586.91. The Asset Management industry median Interest Coverage is 43.15. Partners Group Holding AG's value of 29.33 is 32% below this industry median. Based on the distribution chart, Partners Group Holding AG ranks #251 out of 476 companies in the Asset Management industry, which is below the industry midpoint. Overall, Partners Group Holding AG has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Partners Group Holding AG's Interest Coverage compare to BLK and BX?
According to the Asset Management industry distribution chart, Partners Group Holding AG ranks #251 out of 476 companies for Interest Coverage. This places Partners Group Holding AG in the lower half of its industry. The industry median Interest Coverage is 43.15. Partners Group Holding AG's value of 29.33 is 32% below this benchmark. Historically, Partners Group Holding AG's own Interest Coverage has ranged from 34.40 to 586.91 over the past decade. While the company's 10-year median is 172.42 vs. the industry median of 43.15, Partners Group Holding 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 an Asset Management company?
The median Interest Coverage among Asset Management companies is 43.15, based on 476 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. Partners Group Holding AG's current Interest Coverage of 29.33 is 32% 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 Partners Group Holding AG and its competitors. For the Asset Management industry, the median Interest Coverage is 43.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Partners Group Holding AG's current Interest Coverage is 29.33, which is 83% below median its own 10-year median of 172.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Partners Group Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Partners Group Holding AG (XSWX:PGHN) is currently considered Significantly Undervalued. The stock's GF Value™ is CHF1,370.58, compared to a current price of CHF681.60 — trading 50.3% below its estimated fair value. The current Interest Coverage is 29.33, which is 83% below median its 10-year median of 172.42 and 32% below the Asset Management industry median of 43.15. Partners Group Holding AG's overall GF Score™ is 80/100 with 4 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 Partners Group Holding AG (XSWX:PGHN), the current Interest Coverage is 29.33 as of Dec. 2025. 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 Partners Group Holding AG (XSWX:PGHN) Overvalued in 2026?

Based on GuruFocus' analysis, Partners Group Holding AG stock appears to be undervalued. The current stock price of CHF681.60 is trading 50.3% below its estimated GF Value™ of CHF1,370.58. GuruFocus considers Partners Group Holding AG to be Significantly Undervalued.

Key valuation signals for XSWX:PGHN:

  • Interest Coverage: 29.33 (83% below median its 10-year median of 172.42)
  • GF Value™: CHF1,370.58 vs. price of CHF681.60 (50.3% below fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 32% below the Asset Management median (#251 of 476)

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


Partners Group Holding AG Business Description

Address Unternehmer-Park 3, Baar, Zug, CHE, 6340
Partners Group is a Swiss-based global alternative asset manager founded in 1996. It manages funds invested in private equity, private credit, real estate, and infrastructure. Most of Partners Group's assets are invested in Europe and the Americas, with a smaller exposure to Asia and the Middle East. Partners Group operates a differentiated business model, offering bespoke client solutions through diversified portfolios tailored to each client individually, semiliquid open-ended funds, alongside traditional closed-end funds.
80GF Score

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

CHF681.60
Price
CHF1,370.58
GF Value