ALEC Holdings PJSC (DFM:ALEC) Interest Coverage: 13.29 (As of Dec. 2025) — 81% Above Median


DFM:ALEC ALEC Holdings PJSC DFM:ALEC
33 GF Score
Price د.إ1.54
! 2 Warning Signs
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What is ALEC Holdings PJSC Interest Coverage?

ALEC Holdings PJSC DFM:ALEC -0.65% 33 Interest Coverage is 13.29 as of Dec. 2025, which is 81% above its 10-year median of 7.36. GuruFocus rates DFM:ALEC with a GF Score™ of 33/100. The stock has 2 warning signs investors should review. Among 1,354 Construction companies, ALEC Holdings PJSC ranks better than 53.03% 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. ALEC Holdings PJSC's Operating Income for the six months ended in Dec. 2025 was د.إ529 Mil. ALEC Holdings PJSC's Interest Expense for the six months ended in Dec. 2025 was د.إ-40 Mil. ALEC Holdings PJSC's interest coverage for the quarter that ended in Dec. 2025 was 13.29. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for ALEC Holdings PJSC's Interest Coverage or its related term are showing as below:

DFM:ALEC' s Interest Coverage Range Over the Past 10 Years
Min: 3.85   Med: 7.36   Max: 13.63
Current: 8.99


DFM:ALEC's Interest Coverage is ranked better than
53.03% of 1354 companies
in the Construction industry
Industry Median: 7.865 vs DFM:ALEC: 8.99

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


ALEC Holdings PJSC  (DFM:ALEC) 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 .


ALEC Holdings PJSC Interest Coverage Related Terms


ALEC Holdings PJSC Interest Coverage Historical Data

* Premium members only.

The historical data trend for ALEC Holdings 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.

ALEC Holdings PJSC Interest Coverage Chart

ALEC Holdings PJSC Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Interest Coverage
13.63 3.85 5.72 8.99

ALEC Holdings PJSC Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Interest Coverage Get a 7-Day Free Trial N/A 4.85 6.50 5.79 13.29

DFM:ALEC vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, ALEC Holdings 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.


ALEC Holdings PJSC Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, ALEC Holdings PJSC's Interest Coverage distribution charts can be found below:

* The bar in red indicates where ALEC Holdings PJSC's Interest Coverage falls into.


DFM:ALEC
33GF Score
ALEC Holdings PJSC DFM:ALEC
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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ALEC Holdings PJSC 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.

ALEC Holdings PJSC'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, ALEC Holdings PJSC's Interest Expense was د.إ-93 Mil. Its Operating Income was د.إ838 Mil. And its Long-Term Debt & Capital Lease Obligation was د.إ475 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*838.454/-93.269
=8.99

ALEC Holdings PJSC's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, ALEC Holdings PJSC's Interest Expense was د.إ-40 Mil. Its Operating Income was د.إ529 Mil. And its Long-Term Debt & Capital Lease Obligation was د.إ475 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*529.116/-39.816
=13.29

* 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 13.29 mean?
ALEC Holdings PJSC (DFM:ALEC) has a Interest Coverage of 13.29 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on ALEC Holdings PJSC and its competitors. This is 81% above median its historical median of 7.36. Over the past decade, ALEC Holdings PJSC's Interest Coverage has ranged from 3.85 to 13.63. According to the industry distribution chart, ALEC Holdings PJSC ranks #636 out of 1354 companies in the Construction industry, placing it in the top 47%.
Is ALEC Holdings PJSC's Interest Coverage too high?
ALEC Holdings PJSC's current Interest Coverage of 13.29 is 81% above median its 10-year median of 7.36. Over the past 10 years, this metric has ranged from a low of 3.85 to a high of 13.63. The Construction industry median Interest Coverage is 7.87. ALEC Holdings PJSC's value of 13.29 is 69% above this industry median. Based on the distribution chart, ALEC Holdings PJSC ranks #636 out of 1354 companies in the Construction industry, which is above the industry midpoint. Overall, ALEC Holdings PJSC has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does ALEC Holdings PJSC's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, ALEC Holdings PJSC ranks #636 out of 1354 companies for Interest Coverage. This puts ALEC Holdings PJSC in the upper half of its industry. The industry median Interest Coverage is 7.87. ALEC Holdings PJSC's value of 13.29 is 69% above this benchmark. Historically, ALEC Holdings PJSC's own Interest Coverage has ranged from 3.85 to 13.63 over the past decade. While the company's 10-year median is 7.36 vs. the industry median of 7.87, ALEC Holdings 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 7.87, based on 1,354 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. ALEC Holdings PJSC's current Interest Coverage of 13.29 is 69% 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 ALEC Holdings PJSC and its competitors. For the Construction industry, the median Interest Coverage is 7.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ALEC Holdings PJSC's current Interest Coverage is 13.29, which is 81% above median its own 10-year median of 7.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ALEC Holdings PJSC stock overvalued right now?
ALEC Holdings PJSC (DFM:ALEC) has a current Interest Coverage of 13.29. The current Interest Coverage is 13.29, which is 81% above median its 10-year median of 7.36 and 69% above the Construction industry median of 7.87. ALEC Holdings PJSC's overall GF Score™ is 33/100 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 ALEC Holdings PJSC (DFM:ALEC), the current Interest Coverage is 13.29 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.

ALEC Holdings PJSC Business Description

Address 3601 Marina Plaza, Dubai Marina, Dubai, ARE
ALEC Holdings PJSC is a diversified engineering and construction group in the UAE and KSA, specializing in large-scale, complex, and iconic projects across various sectors including commercial, hospitality, retail, and infrastructure. The company offers comprehensive turnkey solutions encompassing construction, MEP, fit-out, energy, and data center solutions, with a focus on innovation, quality, and sustainability. The management of the Group assess the Group into four key business units: Building and Infrastructure Construction Services, Energy, Related Businesses and Corporate Activities.
33GF Score

Get the complete analysis for DFM:ALEC

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

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