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Alpha SystemsFRA:AN5 +1.12%74 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates FRA:AN5 with a GF Score™ of 74/100 and a GF Value™ of €19.53. The stock has 1 warning sign investors should review. Among 1,712 Software companies, Alpha Systems ranks better than 98.95% 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. Alpha Systems's
Operating Income
for the
three
months ended in Mar. 2026 was €5.4 Mil. Alpha Systems's Interest Expense for the
three
months ended in Mar. 2026 was €0.0 Mil.
Alpha Systems has no debt.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Alpha Systems Inc has no debt.
(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 Alpha Systems's Interest Coverage or its related term are showing as below:
FRA:AN5'
s Interest Coverage Range Over the Past 10 Years
Min: 1433.4 Med: No Debt Max: No Debt
Current: No Debt
FRA:AN5's Interest Coverage is ranked better than 98.95% of 1712
companies
in the Software industry
Industry Median: 24.57
vs FRA:AN5: No Debt
Alpha Systems (FRA:AN5) 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 .
Alpha Systems Interest Coverage Related Terms
Alpha Systems Interest Coverage Historical Data
* Premium members only.
The historical data trend for Alpha Systems'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.
FRA:AN5 vs UBER, SHOP, CRM: Interest Coverage Comparison
For the Software - Application subindustry, Alpha Systems'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.
Alpha Systems Interest Coverage vs Software Industry
For the Software industry and Technology sector, Alpha Systems's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Alpha Systems'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.
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
Alpha Systems (FRA:AN5) 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 Alpha Systems and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Alpha Systems' Interest Coverage has ranged from 1,433.40 to 10,000.00. According to the industry distribution chart, Alpha Systems ranks #18 out of 1712 companies in the Software industry, placing it in the top 1.1%.
Is Alpha Systems' Interest Coverage too high?
Alpha Systems' current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 1,433.40 to a high of 10,000.00. Based on the distribution chart, Alpha Systems ranks #18 out of 1712 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Alpha Systems has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Alpha Systems' Interest Coverage compare to UBER and SHOP?
According to the Software industry distribution chart, Alpha Systems ranks #18 out of 1712 companies for Interest Coverage. This places Alpha Systems in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 24.57. Historically, Alpha Systems' own Interest Coverage has ranged from 1,433.40 to 10,000.00 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 Software company?
The median Interest Coverage among Software companies is 24.57, based on 1,712 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 Alpha Systems and its competitors. For the Software industry, the median Interest Coverage is 24.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpha Systems's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Systems stock overvalued right now?
Alpha Systems (FRA:AN5) has a current Interest Coverage of No Debt (1). The stock's GF Value™ is €19.53, compared to a current price of €18.00 — trading 7.8% below its estimated fair value. The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. Alpha Systems' overall GF Score™ is 74/100 with 1 warning sign 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 Alpha Systems (FRA:AN5), 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 Alpha Systems (FRA:AN5) Overvalued in 2026?
Based on GuruFocus' analysis, Alpha Systems stock appears to be undervalued.
The current stock price of €18.00 is trading 7.8% below its estimated GF Value™ of €19.53.
Key valuation signals for FRA:AN5:
Interest Coverage: No Debt (1) (100% below median its 10-year median of 10,000.00)
GF Value™: €19.53 vs. price of €18.00 (7.8% below fair value)
No single metric tells the full story. See the FRA:AN5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alpha Systems Inc engages in software development for telecommunications systems. The company develops software for backbone communication systems, such as node systems, mobile network systems, and network management systems; open systems, including systems for management of production and distribution, and Intranets for corporate information management; and embedded systems to control electronic devices, including home appliances, office automation equipment, industrial machines, and in-vehicle systems. It also provides system integration, system operation and maintenance, and product sales services.
74GF Score
Get the complete analysis for FRA:AN5
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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