Implenia AGHAM:I8T -1.93%58 Interest Coverage is 2.39 as of Dec. 2025, which is 54% below its 10-year median of 5.19. GuruFocus rates HAM:I8T with a GF Score™ of 58/100 and a GF Value™ of €38.53 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,349 Construction companies, Implenia AG ranks worse than 78.5% 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. Implenia AG's
Operating Income
for the
six
months ended in Dec. 2025 was €40 Mil. Implenia AG's Interest Expense for the
six
months ended in Dec. 2025 was €-17 Mil.
Implenia AG's interest coverage for the quarter that ended in Dec. 2025 was 2.39.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Implenia AG's Interest Coverage or its related term are showing as below:
HAM:I8T'
s Interest Coverage Range Over the Past 10 Years
Min: 0.85 Med: 5.19 Max: 8.98
Current: 2.42
HAM:I8T's Interest Coverage is ranked worse than 78.5% of 1349
companies
in the Construction industry
Industry Median: 7.92
vs HAM:I8T: 2.42
Implenia AG (HAM:I8T) 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 .
Implenia AG Interest Coverage Related Terms
Implenia AG Interest Coverage Historical Data
* Premium members only.
The historical data trend for Implenia 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:I8T vs PWR, FIX, EME: Interest Coverage Comparison
For the Engineering & Construction subindustry, Implenia 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.
Implenia AG Interest Coverage vs Construction Industry
For the Construction industry and Industrials sector, Implenia AG's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Implenia 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:
* 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.
Implenia AG (HAM:I8T) has a Interest Coverage of 2.39 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Implenia AG and its competitors. This is 54% below median its historical median of 5.19. Over the past decade, Implenia AG's Interest Coverage has ranged from 0.85 to 8.98. According to the industry distribution chart, Implenia AG ranks #1059 out of 1349 companies in the Construction industry, placing it in the top 78.5%.
Is Implenia AG's Interest Coverage too high?
Implenia AG's current Interest Coverage of 2.39 is 54% below median its 10-year median of 5.19. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 8.98. The Construction industry median Interest Coverage is 7.92. Implenia AG's value of 2.39 is 69.8% below this industry median. Based on the distribution chart, Implenia AG ranks #1059 out of 1349 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Implenia AG has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Implenia AG's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Implenia AG ranks #1059 out of 1349 companies for Interest Coverage. This places Implenia AG in the lower half of its industry. The industry median Interest Coverage is 7.92. Implenia AG's value of 2.39 is 69.8% below this benchmark. Historically, Implenia AG's own Interest Coverage has ranged from 0.85 to 8.98 over the past decade. While the company's 10-year median is 5.19 vs. the industry median of 7.92, Implenia AG 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 Construction company?
The median Interest Coverage among Construction companies is 7.92, based on 1,349 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. Implenia AG's current Interest Coverage of 2.39 is 69.8% 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 Implenia AG and its competitors. For the Construction industry, the median Interest Coverage is 7.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Implenia AG's current Interest Coverage is 2.39, which is 54% below median its own 10-year median of 5.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Implenia AG stock overvalued right now?
Based on GuruFocus' analysis, Implenia AG (HAM:I8T) is currently considered Significantly Overvalued. The stock's GF Value™ is €38.53, compared to a current price of €76.30 — trading 98% above its estimated fair value. The current Interest Coverage is 2.39, which is 54% below median its 10-year median of 5.19 and 69.8% below the Construction industry median of 7.92. Implenia AG's overall GF Score™ is 58/100 with 4 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 Implenia AG (HAM:I8T), the current Interest Coverage is 2.39 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 Implenia AG (HAM:I8T) Overvalued in 2026?
Based on GuruFocus' analysis, Implenia AG stock appears to be overvalued.
The current stock price of €76.30 is trading 98% above its estimated GF Value™ of €38.53.
GuruFocus considers Implenia AG to be Significantly Overvalued.
Key valuation signals for HAM:I8T:
Interest Coverage: 2.39 (54% below median its 10-year median of 5.19)
GF Value™: €38.53 vs. price of €76.30 (98% above fair value)
Industry Position: 69.8% below the Construction median (#1059 of 1349)
No single metric tells the full story. See the HAM:I8T stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Implenia AG is a construction service company. The company operates through four business segments: Buildings, Civil engineering, and Service Solutions. The company's projects include complex new construction, modernization work on existing properties, tunnel construction, civil engineering, and others. The company generates majority of its revenue from Civil engineering segments, and more than half of its revenue is earned in Switzerland.
58GF Score
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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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