NMDC Group PJSCADX:NMDC +0.55%93 Interest Coverage is 16.04 as of Mar. 2026, which is 2% below its 10-year median of 16.39. GuruFocus rates ADX:NMDC with a GF Score™ of 93/100 and a GF Value™ of د.إ29.73 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,349 Construction companies, NMDC Group PJSC ranks better than 77.54% 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. NMDC Group PJSC's
Operating Income
for the
three
months ended in Mar. 2026 was د.إ466 Mil. NMDC Group PJSC's Interest Expense for the
three
months ended in Mar. 2026 was د.إ-29 Mil.
NMDC Group PJSC's interest coverage for the quarter that ended in Mar. 2026 was 16.04.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for NMDC Group PJSC's Interest Coverage or its related term are showing as below:
ADX:NMDC'
s Interest Coverage Range Over the Past 10 Years
Min: 3.56 Med: 16.39 Max: 63.33
Current: 38.28
ADX:NMDC's Interest Coverage is ranked better than 77.54% of 1349
companies
in the Construction industry
Industry Median: 7.92
vs ADX:NMDC: 38.28
NMDC Group PJSC (ADX:NMDC) 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 .
NMDC Group PJSC Interest Coverage Related Terms
NMDC Group PJSC Interest Coverage Historical Data
* Premium members only.
The historical data trend for NMDC Group PJSC'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.
ADX:NMDC vs PWR, FIX, EME: Interest Coverage Comparison
For the Engineering & Construction subindustry, NMDC Group PJSC'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.
NMDC Group PJSC Interest Coverage vs Construction Industry
For the Construction industry and Industrials sector, NMDC Group PJSC's Interest Coverage distribution charts can be found below:
* The bar in red indicates where NMDC Group PJSC's Interest Coverage falls into.
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.
NMDC Group PJSC (ADX:NMDC) has a Interest Coverage of 16.04 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on NMDC Group PJSC and its competitors. This is near median its historical median of 16.39. Over the past decade, NMDC Group PJSC's Interest Coverage has ranged from 3.56 to 63.33. According to the industry distribution chart, NMDC Group PJSC ranks #303 out of 1349 companies in the Construction industry, placing it in the top 22.5%.
Is NMDC Group PJSC's Interest Coverage too high?
NMDC Group PJSC's current Interest Coverage of 16.04 is near median its 10-year median of 16.39. Over the past 10 years, this metric has ranged from a low of 3.56 to a high of 63.33. The Construction industry median Interest Coverage is 7.92. NMDC Group PJSC's value of 16.04 is 102.5% above this industry median. Based on the distribution chart, NMDC Group PJSC ranks #303 out of 1349 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, NMDC Group PJSC has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NMDC Group PJSC's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, NMDC Group PJSC ranks #303 out of 1349 companies for Interest Coverage. This places NMDC Group PJSC in the top 23% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 7.92. NMDC Group PJSC's value of 16.04 is 102.5% above this benchmark. Historically, NMDC Group PJSC's own Interest Coverage has ranged from 3.56 to 63.33 over the past decade. While the company's 10-year median is 16.39 vs. the industry median of 7.92, NMDC Group PJSC 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 a Construction company?
The median Interest Coverage among Construction companies is 7.92, based on 1,349 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. NMDC Group PJSC's current Interest Coverage of 16.04 is 102.5% 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 NMDC Group PJSC and its competitors. For the Construction industry, the median Interest Coverage is 7.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NMDC Group PJSC's current Interest Coverage is 16.04, which is near median its own 10-year median of 16.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NMDC Group PJSC stock overvalued right now?
Based on GuruFocus' analysis, NMDC Group PJSC (ADX:NMDC) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ29.73, compared to a current price of د.إ22.12 — trading 25.6% below its estimated fair value. The current Interest Coverage is 16.04, which is near median its 10-year median of 16.39 and 102.5% above the Construction industry median of 7.92. NMDC Group PJSC's overall GF Score™ is 93/100 with 3 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 NMDC Group PJSC (ADX:NMDC), the current Interest Coverage is 16.04 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 NMDC Group PJSC (ADX:NMDC) Overvalued in 2026?
Based on GuruFocus' analysis, NMDC Group PJSC stock appears to be undervalued.
The current stock price of د.إ22.12 is trading 25.6% below its estimated GF Value™ of د.إ29.73.
GuruFocus considers NMDC Group PJSC to be Modestly Undervalued.
Key valuation signals for ADX:NMDC:
Interest Coverage: 16.04 (near median its 10-year median of 16.39)
GF Value™: د.إ29.73 vs. price of د.إ22.12 (25.6% below fair value)
Industry Position: 102.5% above the Construction median (#303 of 1349)
No single metric tells the full story. See the ADX:NMDC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NMDC Group PJSC operates as an integrated provider of Engineering, Procurement and Construction (EPC) services for onshore, offshore, and marine projects. The company's activities include marine dredging, logistics, and technical services, and marine engineering and construction. Geographically, it operates across the Middle East, Southeast Asia, and other international markets. The company's operations are structured under five business units: NMDC Dredging & Marine, NMDC Energy, NMDC Infra, NMDC Logistics & Technical Services, and NMDC Engineering. It has aggregated its segments into Dredging & Marine and Energy, with the majority of revenue from the Energy segment.
93GF Score
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