Agnico Eagle MinesHAM:AE9 +1.71%98 Interest Coverage is 162.27 as of Mar. 2026, which is 1265% above its 10-year median of 11.89. GuruFocus rates HAM:AE9 with a GF Score™ of 98/100 and a GF Value™ of €141.58 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,317 Metals & Mining companies, Agnico Eagle Mines ranks worse than 62.57% 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. Agnico Eagle Mines's
Operating Income
for the
three
months ended in Mar. 2026 was €2,212 Mil. Agnico Eagle Mines's Interest Expense for the
three
months ended in Mar. 2026 was €-14 Mil.
Agnico Eagle Mines's interest coverage for the quarter that ended in Mar. 2026 was 162.27.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Agnico Eagle Mines Ltd has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Agnico Eagle Mines's Interest Coverage or its related term are showing as below:
HAM:AE9'
s Interest Coverage Range Over the Past 10 Years
Min: 2.38 Med: 11.89 Max: 289.99
Current: 289.99
HAM:AE9's Interest Coverage is ranked worse than 62.57% of 1317
companies
in the Metals & Mining industry
Industry Median: No Debt
vs HAM:AE9: 289.99
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 .
Agnico Eagle Mines Interest Coverage Related Terms
Agnico Eagle Mines Interest Coverage Historical Data
* Premium members only.
The historical data trend for Agnico Eagle Mines'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:AE9 vs NEM, AU, CDE: Interest Coverage Comparison
For the Gold subindustry, Agnico Eagle Mines'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.
Agnico Eagle Mines Interest Coverage vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Agnico Eagle Mines's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Agnico Eagle Mines'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.
Agnico Eagle Mines (HAM:AE9) has a Interest Coverage of 162.27 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Agnico Eagle Mines and its competitors. This is 1265% above median its historical median of 11.89. Over the past decade, Agnico Eagle Mines' Interest Coverage has ranged from 2.38 to 289.99. According to the industry distribution chart, Agnico Eagle Mines ranks #824 out of 1317 companies in the Metals & Mining industry, placing it in the top 62.6%.
Is Agnico Eagle Mines' Interest Coverage too high?
Agnico Eagle Mines' current Interest Coverage of 162.27 is 1265% above median its 10-year median of 11.89. Over the past 10 years, this metric has ranged from a low of 2.38 to a high of 289.99. The Metals & Mining industry median Interest Coverage is 10,000.00. Agnico Eagle Mines' value of 162.27 is 98.4% below this industry median. Based on the distribution chart, Agnico Eagle Mines ranks #824 out of 1317 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Agnico Eagle Mines has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Agnico Eagle Mines' Interest Coverage compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Agnico Eagle Mines ranks #824 out of 1317 companies for Interest Coverage. This places Agnico Eagle Mines in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Agnico Eagle Mines' value of 162.27 is 98.4% below this benchmark. Historically, Agnico Eagle Mines' own Interest Coverage has ranged from 2.38 to 289.99 over the past decade. While the company's 10-year median is 11.89 vs. the industry median of 10,000.00, Agnico Eagle Mines has consistently been below 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 Metals & Mining company?
The median Interest Coverage among Metals & Mining companies is 10,000.00, based on 1,317 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. Agnico Eagle Mines's current Interest Coverage of 162.27 is 98.4% below 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 Agnico Eagle Mines and its competitors. For the Metals & Mining industry, the median Interest Coverage is 10,000.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Agnico Eagle Mines's current Interest Coverage is 162.27, which is 1265% above median its own 10-year median of 11.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Agnico Eagle Mines stock overvalued right now?
Based on GuruFocus' analysis, Agnico Eagle Mines (HAM:AE9) is currently considered Fairly Valued. The stock's GF Value™ is €141.58, compared to a current price of €139.45 — trading 1.5% below its estimated fair value. The current Interest Coverage is 162.27, which is 1265% above median its 10-year median of 11.89 and 98.4% below the Metals & Mining industry median of 10,000.00. Agnico Eagle Mines' overall GF Score™ is 98/100 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 Agnico Eagle Mines (HAM:AE9), the current Interest Coverage is 162.27 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 Agnico Eagle Mines (HAM:AE9) Overvalued in 2026?
Based on GuruFocus' analysis, Agnico Eagle Mines stock appears to be undervalued.
The current stock price of €139.45 is trading 1.5% below its estimated GF Value™ of €141.58.
GuruFocus considers Agnico Eagle Mines to be Fairly Valued.
Key valuation signals for HAM:AE9:
Interest Coverage: 162.27 (1265% above median its 10-year median of 11.89)
GF Value™: €141.58 vs. price of €139.45 (1.5% below fair value)
Industry Position: 98.4% below the Metals & Mining median (#824 of 1317)
No single metric tells the full story. See the HAM:AE9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Agnico Eagle is a gold miner with mines in Canada, Mexico, Finland, and Australia. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines online in rapid succession in the following years. It merged with Kirkland Lake Gold in 2022, acquiring the Detour Lake and Macassa mines in Canada along with the high-grade, low-cost Fosterville mine in Australia. It sold around 3.4 million gold ounces in 2025 and had about 15 years of gold reserves at end 2025. Agnico Eagle is focused on increasing gold production in lower-risk jurisdictions and bought the remaining 50% of its Canadian Malartic mine along with the Wasamac project and other assets from Yamana Gold in 2023.
98GF Score
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