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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. Pferdewetten de AG's
Operating Income
for the
three
months ended in Sep. 2025 was €-0.93 Mil. Pferdewetten de AG's Interest Expense for the
three
months ended in Sep. 2025 was €-0.44 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Pferdewetten de AG's Interest Coverage or its related term are showing as below:
HAM:EMH's Interest Coverage is not ranked *
in the Travel & Leisure industry.
Industry Median: 5.35 * Ranked among companies with meaningful Interest Coverage only.
Pferdewetten de AG (HAM:EMH) 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 .
Pferdewetten de AG Interest Coverage Related Terms
Pferdewetten de AG Interest Coverage Historical Data
* Premium members only.
The historical data trend for Pferdewetten de AG'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:EMH vs FLUT, DKNG, SGHC: Interest Coverage Comparison
For the Gambling subindustry, Pferdewetten de AG'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.
Pferdewetten de AG Interest Coverage vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Pferdewetten de AG's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Pferdewetten de AG'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:
Pferdewetten de AG did not have earnings to cover the 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 0 (At Loss) mean?
Pferdewetten de AG (HAM:EMH) has a Interest Coverage of 0 (At Loss) as of Sep. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Pferdewetten de AG and its competitors. According to the industry distribution chart, Pferdewetten de AG ranks #999999 out of 607 companies in the Travel & Leisure industry.
Is Pferdewetten de AG's Interest Coverage too high?
Pferdewetten de AG's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Pferdewetten de AG ranks #999999 out of 607 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Pferdewetten de AG has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pferdewetten de AG's Interest Coverage compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Pferdewetten de AG ranks #999999 out of 607 companies for Interest Coverage. This places Pferdewetten de AG in the lower half of its industry. The industry median Interest Coverage is 5.35. 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 Travel & Leisure company?
The median Interest Coverage among Travel & Leisure companies is 5.35, based on 607 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 Pferdewetten de AG and its competitors. For the Travel & Leisure industry, the median Interest Coverage is 5.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pferdewetten de AG's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pferdewetten de AG stock overvalued right now?
Based on GuruFocus' analysis, Pferdewetten de AG (HAM:EMH) is currently considered Possible Value Trap. The stock's GF Value™ is €32.87, compared to a current price of €2.28 — trading 93.1% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Pferdewetten de AG's overall GF Score™ is 65/100 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 Pferdewetten de AG (HAM:EMH), the current Interest Coverage is 0 (At Loss) as of Sep. 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.
Is Pferdewetten de AG (HAM:EMH) Overvalued in 2026?
Based on GuruFocus' analysis, Pferdewetten de AG stock appears to be undervalued.
The current stock price of €2.28 is trading 93.1% below its estimated GF Value™ of €32.87.
GuruFocus considers Pferdewetten de AG to be Possible Value Trap.
Key valuation signals for HAM:EMH:
Interest Coverage: 0 (At Loss)
GF Value™: €32.87 vs. price of €2.28 (93.1% below fair value)
No single metric tells the full story. See the HAM:EMH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pferdewetten de AG is involved in arranging and placing bets for horse racing and other sports events. It engages in the online and offline horse betting business in Germany. Its horse betting services range from betting on German galloping and trotting to English, French, and other international horse races. The company also provides online horse betting services through its Internet platform pferdewetten.de. In addition, it offers consultancy and training services for the implementation and processing of sports and horse betting.
65GF Score
Get the complete analysis for HAM:EMH
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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