Scope Metals Group (XTAE:SCOP) Interest Coverage: 6.12 (As of Mar. 2026) — Near Median

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XTAE:SCOP Scope Metals Group Ltd XTAE:SCOP
76 GF Score
Price ₪288.00
GF Value ₪159.08
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Scope Metals Group Interest Coverage?

Scope Metals Group XTAE:SCOP -4.51% 76 Interest Coverage is 6.12 as of Mar. 2026, which is 7% above its 10-year median of 5.73. GuruFocus rates XTAE:SCOP with a GF Score™ of 76/100 and a GF Value™ of ₪159.08 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 133 Industrial Distribution companies, Scope Metals Group ranks worse than 54.14% 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. Scope Metals Group's Operating Income for the three months ended in Mar. 2026 was ₪72 Mil. Scope Metals Group's Interest Expense for the three months ended in Mar. 2026 was ₪-12 Mil. Scope Metals Group's interest coverage for the quarter that ended in Mar. 2026 was 6.12. The higher the ratio, the stronger the company's financial strength is.

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

XTAE:SCOP' s Interest Coverage Range Over the Past 10 Years
Min: 4.12   Med: 5.73   Max: 9.79
Current: 5.93


XTAE:SCOP's Interest Coverage is ranked worse than
54.14% of 133 companies
in the Industrial Distribution industry
Industry Median: 6.79 vs XTAE:SCOP: 5.93

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


Scope Metals Group  (XTAE:SCOP) 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 .


Scope Metals Group Interest Coverage Related Terms


Scope Metals Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for Scope Metals Group'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.

Scope Metals Group Interest Coverage Chart

Scope Metals Group 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 9.79 9.55 6.44 5.79 5.66

Scope Metals Group 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 5.15 3.90 5.35 21.88 6.12

XTAE:SCOP vs GWW, FAST, FERG: Interest Coverage Comparison

For the Industrial Distribution subindustry, Scope Metals Group'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.


Scope Metals Group Interest Coverage vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Scope Metals Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Scope Metals Group's Interest Coverage falls into.


XTAE:SCOP
76GF Score
Scope Metals Group Ltd XTAE:SCOP
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Scope Metals Group 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.

Scope Metals Group'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, Scope Metals Group's Interest Expense was ₪-41 Mil. Its Operating Income was ₪234 Mil. And its Long-Term Debt & Capital Lease Obligation was ₪621 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*233.688/-41.315
=5.66

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

Here, for the three months ended in Mar. 2026, Scope Metals Group's Interest Expense was ₪-12 Mil. Its Operating Income was ₪72 Mil. And its Long-Term Debt & Capital Lease Obligation was ₪578 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*71.672/-11.708
=6.12

* 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 6.12 mean?
Scope Metals Group (XTAE:SCOP) has a Interest Coverage of 6.12 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Scope Metals Group and its competitors. This is near median its historical median of 5.73. Over the past decade, Scope Metals Group's Interest Coverage has ranged from 4.12 to 9.79. According to the industry distribution chart, Scope Metals Group ranks #72 out of 133 companies in the Industrial Distribution industry, placing it in the top 54.1%.
Is Scope Metals Group's Interest Coverage too high?
Scope Metals Group's current Interest Coverage of 6.12 is near median its 10-year median of 5.73. Over the past 10 years, this metric has ranged from a low of 4.12 to a high of 9.79. The Industrial Distribution industry median Interest Coverage is 6.79. Scope Metals Group's value of 6.12 is 9.9% below this industry median. Based on the distribution chart, Scope Metals Group ranks #72 out of 133 companies in the Industrial Distribution industry, which is below the industry midpoint. Overall, Scope Metals Group has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Scope Metals Group's Interest Coverage compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Scope Metals Group ranks #72 out of 133 companies for Interest Coverage. This places Scope Metals Group in the lower half of its industry. The industry median Interest Coverage is 6.79. Scope Metals Group's value of 6.12 is 9.9% below this benchmark. Historically, Scope Metals Group's own Interest Coverage has ranged from 4.12 to 9.79 over the past decade. While the company's 10-year median is 5.73 vs. the industry median of 6.79, Scope Metals Group 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 Industrial Distribution company?
The median Interest Coverage among Industrial Distribution companies is 6.79, based on 133 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. Scope Metals Group's current Interest Coverage of 6.12 is 9.9% 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 Scope Metals Group and its competitors. For the Industrial Distribution industry, the median Interest Coverage is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scope Metals Group's current Interest Coverage is 6.12, which is near median its own 10-year median of 5.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scope Metals Group stock overvalued right now?
Based on GuruFocus' analysis, Scope Metals Group (XTAE:SCOP) is currently considered Significantly Overvalued. The stock's GF Value™ is ₪159.08, compared to a current price of ₪288.00 — trading 81% above its estimated fair value. The current Interest Coverage is 6.12, which is near median its 10-year median of 5.73 and 9.9% below the Industrial Distribution industry median of 6.79. Scope Metals Group's overall GF Score™ is 76/100 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 Scope Metals Group (XTAE:SCOP), the current Interest Coverage is 6.12 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 Scope Metals Group (XTAE:SCOP) Overvalued in 2026?

Based on GuruFocus' analysis, Scope Metals Group stock appears to be overvalued. The current stock price of ₪288.00 is trading 81% above its estimated GF Value™ of ₪159.08. GuruFocus considers Scope Metals Group to be Significantly Overvalued.

Key valuation signals for XTAE:SCOP:

  • Interest Coverage: 6.12 (near median its 10-year median of 5.73)
  • GF Value™: ₪159.08 vs. price of ₪288.00 (81% above fair value)
  • GF Score™: 76/100 with 8 warning signs
  • Industry Position: 9.9% below the Industrial Distribution median (#72 of 133)

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


Scope Metals Group Business Description

Address 3 Hamerkava Street, Re\'em Industrial Park, Bne Ayish, ISR, 60860
Scope Metals Group Ltd operates as a one-stop shop on a Just-In-Time delivery basis. The company supplies stainless steel, aluminum, magnesium, steel and steel alloys, plastics, nickel alloys, brass, bronze, copper, lead and titanium. It offers its products to different industries from food processing and pharmaceuticals, energy, water, chemicals and petrochemicals, fertilizers, aerospace and aviation, machining, military, elevators and construction, solar energy, infrastructure to microelectronics, high tech and more.
76GF Score

Get the complete analysis for XTAE:SCOP

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

₪288.00
Price
₪159.08
GF Value