Enapter AGHAM:H2O +0.42%55 Interest Coverage is 0 (At Loss) as of Dec. 2025. GuruFocus rates HAM:H2O with a GF Score™ of 55/100 and a GF Value™ of €3.64 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 2,325 Industrial Products companies, Enapter AG ranks worse than 43010.71% 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. Enapter AG's
Operating Income
for the
six
months ended in Dec. 2025 was €-13.77 Mil. Enapter AG's Interest Expense for the
six
months ended in Dec. 2025 was €-3.45 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 Enapter AG's Interest Coverage or its related term are showing as below:
HAM:H2O's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 14.8 * Ranked among companies with meaningful Interest Coverage only.
Enapter AG (HAM:H2O) 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 .
Enapter AG Interest Coverage Related Terms
Enapter AG Interest Coverage Historical Data
* Premium members only.
The historical data trend for Enapter 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:H2O vs GEV, ETN, PH: Interest Coverage Comparison
For the Specialty Industrial Machinery subindustry, Enapter 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.
Enapter AG Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Enapter AG's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Enapter 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:
Enapter 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?
Enapter AG (HAM:H2O) has a Interest Coverage of 0 (At Loss) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Enapter AG and its competitors. According to the industry distribution chart, Enapter AG ranks #999999 out of 2325 companies in the Industrial Products industry.
Is Enapter AG's Interest Coverage too high?
Enapter AG's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Enapter AG ranks #999999 out of 2325 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Enapter AG has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Enapter AG's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Enapter AG ranks #999999 out of 2325 companies for Interest Coverage. This places Enapter AG in the lower half of its industry. The industry median Interest Coverage is 14.80. 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.80, based on 2,325 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 Enapter AG and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enapter 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 Enapter AG stock overvalued right now?
Based on GuruFocus' analysis, Enapter AG (HAM:H2O) is currently considered Possible Value Trap. The stock's GF Value™ is €3.64, compared to a current price of €1.20 — trading 67.2% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Enapter AG's overall GF Score™ is 55/100 with 8 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 Enapter AG (HAM:H2O), the current Interest Coverage is 0 (At Loss) as of Dec. 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 Enapter AG (HAM:H2O) Overvalued in 2026?
Based on GuruFocus' analysis, Enapter AG stock appears to be undervalued.
The current stock price of €1.20 is trading 67.2% below its estimated GF Value™ of €3.64.
GuruFocus considers Enapter AG to be Possible Value Trap.
Key valuation signals for HAM:H2O:
Interest Coverage: 0 (At Loss)
GF Value™: €3.64 vs. price of €1.20 (67.2% below fair value)
No single metric tells the full story. See the HAM:H2O stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Enapter AG is engaged in research and development in the field of hydrogen systems with a focus on electrolysis, project management in Renewable Energy Systems and Smart-Grid Technology, software development for Smart Grid, Smart Energy and Industry 4.0 and Internet of Things (IoT), and manufacturing and production, design, planning, trading and resale of electrolysers and similar products and related software and control systems. Specifically, the Enapter Group develops and manufactures patented electrolysers based on Anion Exchange Membrane (AEM) technology. the Group had only one reportable segment which is the design and production of hydrogen generators based on patented anion exchange membrane electrolysis (AEM electrolysis) and pursues.
55GF Score
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