Auto Nejma (CAS:NEJ) Interest Coverage: 18.97 (As of Dec. 2025) — 24% Below Median


CAS:NEJ Auto Nejma CAS:NEJ
39 GF Score
Price MAD4,834.00
GF Value MAD3,975.06
! 3 Warning Signs
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What is Auto Nejma Interest Coverage?

Auto Nejma CAS:NEJ 39 Interest Coverage is 18.97 as of Dec. 2025, which is 24% below its 10-year median of 24.88. GuruFocus rates CAS:NEJ with a GF Score™ of 39/100 and a GF Value™ of MAD3,975.06. The stock has 3 warning signs investors should review. Among 1,066 Vehicles & Parts companies, Auto Nejma ranks better than 67.26% 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. Auto Nejma's Operating Income for the six months ended in Dec. 2025 was MAD296 Mil. Auto Nejma's Interest Expense for the six months ended in Dec. 2025 was MAD-16 Mil. Auto Nejma's interest coverage for the quarter that ended in Dec. 2025 was 18.97. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Auto Nejma's Interest Coverage or its related term are showing as below:

CAS:NEJ' s Interest Coverage Range Over the Past 10 Years
Min: 8.69   Med: 24.88   Max: 405.68
Current: 19.15


CAS:NEJ's Interest Coverage is ranked better than
67.26% of 1066 companies
in the Vehicles & Parts industry
Industry Median: 8.295 vs CAS:NEJ: 19.15

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


Auto Nejma  (CAS:NEJ) 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 .


Auto Nejma Interest Coverage Related Terms


Auto Nejma Interest Coverage Historical Data

* Premium members only.

The historical data trend for Auto Nejma'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.

Auto Nejma Interest Coverage Chart

Auto Nejma 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 8.69 22.29 66.39 13.94 19.15

Auto Nejma 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 62.56 11.73 16.28 19.39 18.97

CAS:NEJ vs CVNA, PAG, ALTB: Interest Coverage Comparison

For the Auto & Truck Dealerships subindustry, Auto Nejma'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.


Auto Nejma Interest Coverage vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Auto Nejma's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Auto Nejma's Interest Coverage falls into.


CAS:NEJ
39GF Score
Auto Nejma CAS:NEJ
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Auto Nejma 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.

Auto Nejma'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, Auto Nejma's Interest Expense was MAD-28 Mil. Its Operating Income was MAD533 Mil. And its Long-Term Debt & Capital Lease Obligation was MAD637 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*533.039/-27.829
=19.15

Auto Nejma's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Auto Nejma's Interest Expense was MAD-16 Mil. Its Operating Income was MAD296 Mil. And its Long-Term Debt & Capital Lease Obligation was MAD637 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*295.909/-15.602
=18.97

* 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 18.97 mean?
Auto Nejma (CAS:NEJ) has a Interest Coverage of 18.97 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Auto Nejma and its competitors. This is 24% below median its historical median of 24.88. Over the past decade, Auto Nejma's Interest Coverage has ranged from 8.69 to 405.68. According to the industry distribution chart, Auto Nejma ranks #349 out of 1066 companies in the Vehicles & Parts industry, placing it in the top 32.7%.
Is Auto Nejma's Interest Coverage too high?
Auto Nejma's current Interest Coverage of 18.97 is 24% below median its 10-year median of 24.88. Over the past 10 years, this metric has ranged from a low of 8.69 to a high of 405.68. The Vehicles & Parts industry median Interest Coverage is 8.30. Auto Nejma's value of 18.97 is 128.7% above this industry median. Based on the distribution chart, Auto Nejma ranks #349 out of 1066 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Auto Nejma has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Auto Nejma's Interest Coverage compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Auto Nejma ranks #349 out of 1066 companies for Interest Coverage. This puts Auto Nejma in the upper half of its industry. The industry median Interest Coverage is 8.30. Auto Nejma's value of 18.97 is 128.7% above this benchmark. Historically, Auto Nejma's own Interest Coverage has ranged from 8.69 to 405.68 over the past decade. While the company's 10-year median is 24.88 vs. the industry median of 8.30, Auto Nejma 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 Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.30, based on 1,066 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. Auto Nejma's current Interest Coverage of 18.97 is 128.7% 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 Auto Nejma and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Auto Nejma's current Interest Coverage is 18.97, which is 24% below median its own 10-year median of 24.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Auto Nejma stock overvalued right now?
Auto Nejma (CAS:NEJ) has a current Interest Coverage of 18.97. The stock's GF Value™ is MAD3,975.06, compared to a current price of MAD4,834.00 — trading 21.6% above its estimated fair value. The current Interest Coverage is 18.97, which is 24% below median its 10-year median of 24.88 and 128.7% above the Vehicles & Parts industry median of 8.30. Auto Nejma's overall GF Score™ is 39/100 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 Auto Nejma (CAS:NEJ), the current Interest Coverage is 18.97 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 Auto Nejma (CAS:NEJ) Overvalued in 2026?

Based on GuruFocus' analysis, Auto Nejma stock appears to be overvalued. The current stock price of MAD4,834.00 is trading 21.6% above its estimated GF Value™ of MAD3,975.06.

Key valuation signals for CAS:NEJ:

  • Interest Coverage: 18.97 (24% below median its 10-year median of 24.88)
  • GF Value™: MAD3,975.06 vs. price of MAD4,834.00 (21.6% above fair value)
  • GF Score™: 39/100 with 3 warning signs
  • Industry Position: 128.7% above the Vehicles & Parts median (#349 of 1066)

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


Auto Nejma Business Description

Address Km 10, El Jadida Road, Casablanca, MAR, 20230
Auto Nejma is an automobile distributor in Morocco. The company imports and markets vehicles, spare parts, and car accessories. It represents the Mercedes-Benz private and commercial vehicle brands, SsangYong, and Mahindra in Morocco.
39GF Score

Get the complete analysis for CAS:NEJ

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

MAD4,834.00
Price
MAD3,975.06
GF Value