Space42ADX:SPACE42 -0.57%88 Interest Coverage is 0.46 as of Mar. 2026, which is 99% below its 10-year median of 85.89. GuruFocus rates ADX:SPACE42 with a GF Score™ of 88/100 and a GF Value™ of د.إ2.17 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,707 Software companies, Space42 ranks worse than 58582.25% 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. Space42's
Operating Income
for the
three
months ended in Mar. 2026 was د.إ12 Mil. Space42's Interest Expense for the
three
months ended in Mar. 2026 was د.إ-26 Mil.
Space42's interest coverage for the quarter that ended in Mar. 2026 was 0.46.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Space42's Interest Coverage or its related term are showing as below:
ADX:SPACE42's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 24.65 * Ranked among companies with meaningful Interest Coverage only.
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 .
Space42 Interest Coverage Related Terms
Space42 Interest Coverage Historical Data
* Premium members only.
The historical data trend for Space42'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:SPACE42 vs IBM, ACN, FISV: Interest Coverage Comparison
For the Information Technology Services subindustry, Space42'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.
Space42 Interest Coverage vs Software Industry
For the Software industry and Technology sector, Space42's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Space42'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.
Space42 (ADX:SPACE42) has a Interest Coverage of 0.46 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Space42 and its competitors. This is 99% below median its historical median of 85.89. According to the industry distribution chart, Space42 ranks #999999 out of 1707 companies in the Software industry.
Is Space42's Interest Coverage too high?
Space42's current Interest Coverage of 0.46 is 99% below median its 10-year median of 85.89. The Software industry median Interest Coverage is 24.65. Space42's value of 0.46 is 98.1% below this industry median. Based on the distribution chart, Space42 ranks #999999 out of 1707 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Space42 has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Space42's Interest Coverage compare to IBM and ACN?
According to the Software industry distribution chart, Space42 ranks #999999 out of 1707 companies for Interest Coverage. This places Space42 in the lower half of its industry. The industry median Interest Coverage is 24.65. Space42's value of 0.46 is 98.1% below this benchmark. While the company's 10-year median is 85.89 vs. the industry median of 24.65, Space42 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 Software company?
The median Interest Coverage among Software companies is 24.65, based on 1,707 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. Space42's current Interest Coverage of 0.46 is 98.1% 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 Space42 and its competitors. For the Software industry, the median Interest Coverage is 24.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Space42's current Interest Coverage is 0.46, which is 99% below median its own 10-year median of 85.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space42 stock overvalued right now?
Based on GuruFocus' analysis, Space42 (ADX:SPACE42) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ2.17, compared to a current price of د.إ1.74 — trading 19.8% below its estimated fair value. The current Interest Coverage is 0.46, which is 99% below median its 10-year median of 85.89 and 98.1% below the Software industry median of 24.65. Space42's overall GF Score™ is 88/100 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 Space42 (ADX:SPACE42), the current Interest Coverage is 0.46 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 Space42 (ADX:SPACE42) Overvalued in 2026?
Based on GuruFocus' analysis, Space42 stock appears to be undervalued.
The current stock price of د.إ1.74 is trading 19.8% below its estimated GF Value™ of د.إ2.17.
GuruFocus considers Space42 to be Modestly Undervalued.
Key valuation signals for ADX:SPACE42:
Interest Coverage: 0.46 (99% below median its 10-year median of 85.89)
GF Value™: د.إ2.17 vs. price of د.إ1.74 (19.8% below fair value)
Industry Position: 98.1% below the Software median (#999999 of 1707)
No single metric tells the full story. See the ADX:SPACE42 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Space42 PLC is a UAE-based AI-powered space tech group that integrates satellite communications, geospatial insights, and artificial intelligence capabilities for customers globally. Its operating segments are: Space Services and Smart Solutions. The majority of the group's revenue is generated by the Space Services segment, which provides secure satellite communication solutions for government and mission-critical applications, reliable mobility and communication solutions, and high-speed data connectivity. The Smart Solutions business provides earth observation, geospatial, and industry-specific solutions using an AI-driven multi-intelligence platform, GIQ. Geographically, the group derives maximum revenue from the UAE, followed by Asia, Africa, Europe, North America, and other regions.
88GF Score
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