Aena SMEHAM:A441 +0.73%93 Interest Coverage is 7.60 as of Mar. 2026, which is 38% below its 10-year median of 12.17. GuruFocus rates HAM:A441 with a GF Score™ of 93/100 and a GF Value™ of €24.66 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 838 Transportation companies, Aena SME ranks better than 71.48% 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. Aena SME's
Operating Income
for the
three
months ended in Mar. 2026 was €463 Mil. Aena SME's Interest Expense for the
three
months ended in Mar. 2026 was €-61 Mil.
Aena SME's interest coverage for the quarter that ended in Mar. 2026 was 7.60.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Aena SME's Interest Coverage or its related term are showing as below:
HAM:A441'
s Interest Coverage Range Over the Past 10 Years
Min: 1.24 Med: 12.17 Max: 22.13
Current: 12.98
HAM:A441's Interest Coverage is ranked better than 71.48% of 838
companies
in the Transportation industry
Industry Median: 5.72
vs HAM:A441: 12.98
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 .
Aena SME Interest Coverage Related Terms
Aena SME Interest Coverage Historical Data
* Premium members only.
The historical data trend for Aena SME'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.
HAM:A441 vs JOBY, CAAP: Interest Coverage Comparison
For the Airports & Air Services subindustry, Aena SME'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.
Aena SME Interest Coverage vs Transportation Industry
For the Transportation industry and Industrials sector, Aena SME's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Aena SME'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.
Aena SME (HAM:A441) has a Interest Coverage of 7.60 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Aena SME and its competitors. This is 38% below median its historical median of 12.17. Over the past decade, Aena SME's Interest Coverage has ranged from 1.24 to 22.13. According to the industry distribution chart, Aena SME ranks #239 out of 838 companies in the Transportation industry, placing it in the top 28.5%.
Is Aena SME's Interest Coverage too high?
Aena SME's current Interest Coverage of 7.60 is 38% below median its 10-year median of 12.17. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 22.13. The Transportation industry median Interest Coverage is 5.72. Aena SME's value of 7.60 is 32.9% above this industry median. Based on the distribution chart, Aena SME ranks #239 out of 838 companies in the Transportation industry, which is above the industry midpoint. Overall, Aena SME has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aena SME's Interest Coverage compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Aena SME ranks #239 out of 838 companies for Interest Coverage. This puts Aena SME in the upper half of its industry. The industry median Interest Coverage is 5.72. Aena SME's value of 7.60 is 32.9% above this benchmark. Historically, Aena SME's own Interest Coverage has ranged from 1.24 to 22.13 over the past decade. While the company's 10-year median is 12.17 vs. the industry median of 5.72, Aena SME 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 Transportation company?
The median Interest Coverage among Transportation companies is 5.72, based on 838 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. Aena SME's current Interest Coverage of 7.60 is 32.9% 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 Aena SME and its competitors. For the Transportation industry, the median Interest Coverage is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aena SME's current Interest Coverage is 7.60, which is 38% below median its own 10-year median of 12.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aena SME stock overvalued right now?
Based on GuruFocus' analysis, Aena SME (HAM:A441) is currently considered Modestly Overvalued. The stock's GF Value™ is €24.66, compared to a current price of €27.50 — trading 11.5% above its estimated fair value. The current Interest Coverage is 7.60, which is 38% below median its 10-year median of 12.17 and 32.9% above the Transportation industry median of 5.72. Aena SME's overall GF Score™ is 93/100 with 5 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 Aena SME (HAM:A441), the current Interest Coverage is 7.60 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 Aena SME (HAM:A441) Overvalued in 2026?
Based on GuruFocus' analysis, Aena SME stock appears to be overvalued.
The current stock price of €27.50 is trading 11.5% above its estimated GF Value™ of €24.66.
GuruFocus considers Aena SME to be Modestly Overvalued.
Key valuation signals for HAM:A441:
Interest Coverage: 7.60 (38% below median its 10-year median of 12.17)
GF Value™: €24.66 vs. price of €27.50 (11.5% above fair value)
Industry Position: 32.9% above the Transportation median (#239 of 838)
No single metric tells the full story. See the HAM:A441 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aena's 46 airports in Spain handle 99.9% of the country's air traffic. Its three busiest airports—Madrid-Barajas, Barcelona-El Prat, and Palma de Mallorca—account for roughly half of Spain's passengers. The dual-till framework in Spain leaves its commercial and real estate businesses completely unregulated, allowing the group to monetize its passenger flow and earn economic rents. It is launching a transformational EUR 13 billion DORA III investment cycle (2027-31) to expand capacity across its Spanish network. The group also controls three airports in the UK (Luton, Leeds Bradford, and Newcastle) and 18 airports in Brazil. It has minority holdings in 12 airports in Mexico and two in Jamaica through its 6.4% look-through stake in Grupo Aeroportuario del Pacifico.
93GF Score
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