Lechwerke AG (HAM:LEC) Interest Coverage: 0.43 (As of Dec. 2025) — 86% Below Median


HAM:LEC Lechwerke AG HAM:LEC
60 GF Score
Price €62.00
GF Value €43.87
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Lechwerke AG Interest Coverage?

Lechwerke AG HAM:LEC -0.80% 60 Interest Coverage is 0.43 as of Dec. 2025, which is 86% below its 10-year median of 2.99. GuruFocus rates HAM:LEC with a GF Score™ of 60/100 and a GF Value™ of €43.87 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 449 Utilities - Regulated companies, Lechwerke AG ranks worse than 93.99% 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. Lechwerke AG's Operating Income for the six months ended in Dec. 2025 was €8.5 Mil. Lechwerke AG's Interest Expense for the six months ended in Dec. 2025 was €-19.5 Mil. Lechwerke AG's interest coverage for the quarter that ended in Dec. 2025 was 0.43. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Lechwerke AG's Interest Coverage or its related term are showing as below:

HAM:LEC' s Interest Coverage Range Over the Past 10 Years
Min: 0.57   Med: 2.99   Max: 9.02
Current: 1.04


HAM:LEC's Interest Coverage is ranked worse than
93.99% of 449 companies
in the Utilities - Regulated industry
Industry Median: 3.78 vs HAM:LEC: 1.04

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Lechwerke AG  (HAM:LEC) 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 .


Lechwerke AG Interest Coverage Related Terms


Lechwerke AG Interest Coverage Historical Data

* Premium members only.

The historical data trend for Lechwerke 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.

Lechwerke AG Interest Coverage Chart

Lechwerke AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.36 0.57 1.22 0.59 1.04

Lechwerke AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 1.26 0.00 1.84 0.43

HAM:LEC vs SRE, AES: Interest Coverage Comparison

For the Utilities - Diversified subindustry, Lechwerke 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.


Lechwerke AG Interest Coverage vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Lechwerke AG's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Lechwerke AG's Interest Coverage falls into.


HAM:LEC
60GF Score
Lechwerke AG HAM:LEC
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lechwerke AG Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Lechwerke AG's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Lechwerke AG's Interest Expense was €-34.3 Mil. Its Operating Income was €35.7 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*35.742/-34.338
=1.04

Lechwerke AG's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Lechwerke AG's Interest Expense was €-19.5 Mil. Its Operating Income was €8.5 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*8.472/-19.48
=0.43

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0.43 mean?
Lechwerke AG (HAM:LEC) has a Interest Coverage of 0.43 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Lechwerke AG and its competitors. This is 86% below median its historical median of 2.99. Over the past decade, Lechwerke AG's Interest Coverage has ranged from 0.57 to 9.02. According to the industry distribution chart, Lechwerke AG ranks #422 out of 449 companies in the Utilities - Regulated industry, placing it in the top 94%.
Is Lechwerke AG's Interest Coverage too high?
Lechwerke AG's current Interest Coverage of 0.43 is 86% below median its 10-year median of 2.99. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 9.02. The Utilities - Regulated industry median Interest Coverage is 3.78. Lechwerke AG's value of 0.43 is 88.6% below this industry median. Based on the distribution chart, Lechwerke AG ranks #422 out of 449 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Lechwerke AG has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lechwerke AG's Interest Coverage compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Lechwerke AG ranks #422 out of 449 companies for Interest Coverage. This places Lechwerke AG in the lower half of its industry. The industry median Interest Coverage is 3.78. Lechwerke AG's value of 0.43 is 88.6% below this benchmark. Historically, Lechwerke AG's own Interest Coverage has ranged from 0.57 to 9.02 over the past decade. While the company's 10-year median is 2.99 vs. the industry median of 3.78, Lechwerke 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 an Utilities - Regulated company?
The median Interest Coverage among Utilities - Regulated companies is 3.78, based on 449 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. Lechwerke AG's current Interest Coverage of 0.43 is 88.6% 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 Lechwerke AG and its competitors. For the Utilities - Regulated industry, the median Interest Coverage is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lechwerke AG's current Interest Coverage is 0.43, which is 86% below median its own 10-year median of 2.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lechwerke AG stock overvalued right now?
Based on GuruFocus' analysis, Lechwerke AG (HAM:LEC) is currently considered Modestly Overvalued. The stock's GF Value™ is €43.87, compared to a current price of €62.00 — trading 41.3% above its estimated fair value. The current Interest Coverage is 0.43, which is 86% below median its 10-year median of 2.99 and 88.6% below the Utilities - Regulated industry median of 3.78. Lechwerke AG's overall GF Score™ is 60/100 with 6 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 Lechwerke AG (HAM:LEC), the current Interest Coverage is 0.43 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 Lechwerke AG (HAM:LEC) Overvalued in 2026?

Based on GuruFocus' analysis, Lechwerke AG stock appears to be overvalued. The current stock price of €62.00 is trading 41.3% above its estimated GF Value™ of €43.87. GuruFocus considers Lechwerke AG to be Modestly Overvalued.

Key valuation signals for HAM:LEC:

  • Interest Coverage: 0.43 (86% below median its 10-year median of 2.99)
  • GF Value™: €43.87 vs. price of €62.00 (41.3% above fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 88.6% below the Utilities - Regulated median (#422 of 449)

No single metric tells the full story. See the HAM:LEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lechwerke AG Business Description

Other Exchanges LEC:Germany
Address Schaezlerstrasse 3, Augsburg, DEU, 86150
Lechwerke AG is a regional energy supplier in Bavaria and parts of Baden-Wurttemberg. The company offers both electricity and gas products as well as all energy-related services such as contracting, energy certificates and energy controlling. The company also works in the field of street lighting as well as the development and implementation of energy efficiency projects and comprehensive energy concepts.
60GF Score

Get the complete analysis for HAM:LEC

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€62.00
Price
€43.87
GF Value