FER (Ferrovial NV) Interest Coverage: No Debt (1) (As of Mar. 2026) — 21% Below Median


FER Ferrovial NV FER
72 GF Score
Price $69.54
GF Value $51.44
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Ferrovial NV Interest Coverage?

Ferrovial NV FER -0.69% 72 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 1.26. GuruFocus rates FER with a GF Score™ of 72/100 and a GF Value™ of $51.44 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,355 Construction companies, Ferrovial NV ranks worse than 73800.66% 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. Ferrovial NV's Operating Income for the three months ended in Mar. 2026 was $228 Mil. Ferrovial NV's Interest Expense for the three months ended in Mar. 2026 was $0 Mil. Ferrovial NV has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

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


FER's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.81
* Ranked among companies with meaningful Interest Coverage only.

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


Ferrovial NV  (NAS:FER) 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 .


Ferrovial NV Interest Coverage Related Terms


Ferrovial NV Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ferrovial NV'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.

Ferrovial NV Interest Coverage Chart

Ferrovial NV 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 1.22 1.21 1.26 1.89 2.21

Ferrovial NV Quarterly Data
Mar21 Jun21 Sep21 Dec21 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 No Debt N/A No Debt N/A No Debt

FER vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, Ferrovial NV'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.


Ferrovial NV Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Ferrovial NV's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ferrovial NV's Interest Coverage falls into.


FER
72GF Score
Ferrovial NV FER
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Ferrovial NV 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.

Ferrovial NV'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, Ferrovial NV's Interest Expense was $-513 Mil. Its Operating Income was $1,132 Mil. And its Long-Term Debt & Capital Lease Obligation was $11,212 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*1132.319/-512.881
=2.21

Ferrovial NV's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Ferrovial NV's Interest Expense was $0 Mil. Its Operating Income was $228 Mil. And its Long-Term Debt & Capital Lease Obligation was $0 Mil.

Ferrovial NV had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
Ferrovial NV (FER) has a Interest Coverage of No Debt (1) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ferrovial NV and its competitors. This is 21% below median its historical median of 1.26. Over the past decade, Ferrovial NV's Interest Coverage has ranged from 0.56 to 2.21. According to the industry distribution chart, Ferrovial NV ranks #999999 out of 1355 companies in the Construction industry.
Is Ferrovial NV's Interest Coverage too high?
Ferrovial NV's current Interest Coverage of No Debt (1) is 21% below median its 10-year median of 1.26. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 2.21. Based on the distribution chart, Ferrovial NV ranks #999999 out of 1355 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Ferrovial NV has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ferrovial NV's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Ferrovial NV ranks #999999 out of 1355 companies for Interest Coverage. This places Ferrovial NV in the lower half of its industry. The industry median Interest Coverage is 7.81. Historically, Ferrovial NV's own Interest Coverage has ranged from 0.56 to 2.21 over the past decade. 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 1,355 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. 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 Ferrovial NV 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. Ferrovial NV's current Interest Coverage is No Debt (1), which is 21% below median its own 10-year median of 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferrovial NV stock overvalued right now?
Based on GuruFocus' analysis, Ferrovial NV (FER) is currently considered Significantly Overvalued. The stock's GF Value™ is $51.44, compared to a current price of $69.54 — trading 35.2% above its estimated fair value. The current Interest Coverage is No Debt (1), which is 21% below median its 10-year median of 1.26. Ferrovial NV's overall GF Score™ is 72/100 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 Ferrovial NV (FER), the current Interest Coverage is No Debt (1) 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 Ferrovial NV (FER) Overvalued in 2026?

Based on GuruFocus' analysis, Ferrovial NV stock appears to be overvalued. The current stock price of $69.54 is trading 35.2% above its estimated GF Value™ of $51.44. GuruFocus considers Ferrovial NV to be Significantly Overvalued.

Key valuation signals for FER:

  • Interest Coverage: No Debt (1) (21% below median its 10-year median of 1.26)
  • GF Value™: $51.44 vs. price of $69.54 (35.2% above fair value)
  • GF Score™: 72/100 with 6 warning signs

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


Ferrovial NV Business Description

Address Gustav Mahlerplein 61-63, Symphony Towers, 14th Floor, Amsterdam, NH, NLD, 1082 MS
Ferrovial is a global transportation infrastructure investor, developer, and operator, with a strong presence in North American toll roads. In recent years, it shifted its portfolio toward North America and India, and lowered its exposure to Europe (including selling its stake in Heathrow Airport). The jewels in its crown include its stake in the 99-year lease to operate the Highway 407 ETR toll road in Toronto and its concession to develop and operate New Terminal One at JFK until 2060.
72GF Score

Get the complete analysis for FER

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

$69.54
Price
$51.44
GF Value