Rai Way SpA (CHIX:RWAYM) Interest Coverage: 23.55 (As of Mar. 2026) — 61% Below Median


CHIX:RWAYM Rai Way SpA CHIX:RWAYM
84 GF Score
Price €5.46
GF Value €5.75
Valuation Fairly Valued
! 2 Warning Signs
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What is Rai Way SpA Interest Coverage?

Rai Way SpA CHIX:RWAYM 84 Interest Coverage is 23.55 as of Mar. 2026, which is 61% below its 10-year median of 59.94. GuruFocus rates CHIX:RWAYM with a GF Score™ of 84/100 and a GF Value™ of €5.75 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,353 Construction companies, Rai Way SpA ranks better than 70.95% 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. Rai Way SpA's Operating Income for the three months ended in Mar. 2026 was €31.8 Mil. Rai Way SpA's Interest Expense for the three months ended in Mar. 2026 was €-1.4 Mil. Rai Way SpA's interest coverage for the quarter that ended in Mar. 2026 was 23.55. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Rai Way SpA's Interest Coverage or its related term are showing as below:

CHIX:RWAYm' s Interest Coverage Range Over the Past 10 Years
Min: 19.04   Med: 59.94   Max: 98.24
Current: 23.39


CHIX:RWAYm's Interest Coverage is ranked better than
70.95% of 1353 companies
in the Construction industry
Industry Median: 7.81 vs CHIX:RWAYm: 23.39

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


Rai Way SpA  (CHIX:RWAYm) 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 .


Rai Way SpA Interest Coverage Related Terms


Rai Way SpA Interest Coverage Historical Data

* Premium members only.

The historical data trend for Rai Way SpA'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.

Rai Way SpA Interest Coverage Chart

Rai Way SpA 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 83.90 60.69 24.48 19.04 22.93

Rai Way SpA 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 21.77 24.82 19.60 26.74 23.55

CHIX:RWAYM vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, Rai Way SpA'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.


Rai Way SpA Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Rai Way SpA's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Rai Way SpA's Interest Coverage falls into.


CHIX:RWAYM
84GF Score
Rai Way SpA CHIX:RWAYM
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Rai Way SpA 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.

Rai Way SpA'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, Rai Way SpA's Interest Expense was €-5.8 Mil. Its Operating Income was €132.4 Mil. And its Long-Term Debt & Capital Lease Obligation was €17.4 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*132.447/-5.776
=22.93

Rai Way SpA's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Rai Way SpA's Interest Expense was €-1.4 Mil. Its Operating Income was €31.8 Mil. And its Long-Term Debt & Capital Lease Obligation was €16.8 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*31.794/-1.35
=23.55

* 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 23.55 mean?
Rai Way SpA (CHIX:RWAYM) has a Interest Coverage of 23.55 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Rai Way SpA and its competitors. This is 61% below median its historical median of 59.94. Over the past decade, Rai Way SpA's Interest Coverage has ranged from 19.04 to 98.24. According to the industry distribution chart, Rai Way SpA ranks #393 out of 1353 companies in the Construction industry, placing it in the top 29%.
Is Rai Way SpA's Interest Coverage too high?
Rai Way SpA's current Interest Coverage of 23.55 is 61% below median its 10-year median of 59.94. Over the past 10 years, this metric has ranged from a low of 19.04 to a high of 98.24. The Construction industry median Interest Coverage is 7.81. Rai Way SpA's value of 23.55 is 201.5% above this industry median. Based on the distribution chart, Rai Way SpA ranks #393 out of 1353 companies in the Construction industry, which is above the industry midpoint. Overall, Rai Way SpA has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Rai Way SpA's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Rai Way SpA ranks #393 out of 1353 companies for Interest Coverage. This puts Rai Way SpA in the upper half of its industry. The industry median Interest Coverage is 7.81. Rai Way SpA's value of 23.55 is 201.5% above this benchmark. Historically, Rai Way SpA's own Interest Coverage has ranged from 19.04 to 98.24 over the past decade. While the company's 10-year median is 59.94 vs. the industry median of 7.81, Rai Way SpA 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 7.81, based on 1,353 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. Rai Way SpA's current Interest Coverage of 23.55 is 201.5% 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 Rai Way SpA and its competitors. For the Construction industry, the median Interest Coverage is 7.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rai Way SpA's current Interest Coverage is 23.55, which is 61% below median its own 10-year median of 59.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rai Way SpA stock overvalued right now?
Based on GuruFocus' analysis, Rai Way SpA (CHIX:RWAYM) is currently considered Fairly Valued. The stock's GF Value™ is €5.75, compared to a current price of €5.46 — trading 5.1% below its estimated fair value. The current Interest Coverage is 23.55, which is 61% below median its 10-year median of 59.94 and 201.5% above the Construction industry median of 7.81. Rai Way SpA's overall GF Score™ is 84/100 with 2 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 Rai Way SpA (CHIX:RWAYM), the current Interest Coverage is 23.55 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 Rai Way SpA (CHIX:RWAYM) Overvalued in 2026?

Based on GuruFocus' analysis, Rai Way SpA stock appears to be undervalued. The current stock price of €5.46 is trading 5.1% below its estimated GF Value™ of €5.75. GuruFocus considers Rai Way SpA to be Fairly Valued.

Key valuation signals for CHIX:RWAYM:

  • Interest Coverage: 23.55 (61% below median its 10-year median of 59.94)
  • GF Value™: €5.75 vs. price of €5.46 (5.1% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 201.5% above the Construction median (#393 of 1353)

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


Rai Way SpA Business Description

Address Via Teulada 66, Rome, ITA, 00195
Rai Way SpA is an Italy-based company which operates activity of signal transmission and a broadcasting network of RAI group. The services provided by the company include broadcasting services, transmission services, tower Rental Services and network Services. The company serves its customer by providing implementation and management of the main broadcasting processes which include analog and digital, terrestrial and satellite, for audio, video and data signals, television signals through connecting network. The company allows its clients to have the availability of tower and civil infrastructures to install radio transmitters, planning, construction, installation, management of electronic and telecommunications networks. It provides services throughout Italy.
84GF Score

Get the complete analysis for CHIX:RWAYM

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

€5.46
Price
€5.75
GF Value