Enka Insaat Venayi AS (IST:ENKAI) Interest Coverage: 7.64 (As of Mar. 2026) — 95% Below Median


IST:ENKAI Enka Insaat Ve Sanayi AS IST:ENKAI
85 GF Score
Price ₺90.85
GF Value ₺101.06
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Enka Insaat Venayi AS Interest Coverage?

Enka Insaat Venayi AS IST:ENKAI +1.28% 85 Interest Coverage is 7.64 as of Mar. 2026, which is 95% below its 10-year median of 158.13. GuruFocus rates IST:ENKAI with a GF Score™ of 85/100 and a GF Value™ of ₺101.06 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,354 Construction companies, Enka Insaat Venayi AS ranks better than 80.35% 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. Enka Insaat Venayi AS's Operating Income for the three months ended in Mar. 2026 was ₺6,562 Mil. Enka Insaat Venayi AS's Interest Expense for the three months ended in Mar. 2026 was ₺-859 Mil. Enka Insaat Venayi AS's interest coverage for the quarter that ended in Mar. 2026 was 7.64. 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. Enka Insaat Ve Sanayi AS has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Enka Insaat Venayi AS's Interest Coverage or its related term are showing as below:

IST:ENKAI' s Interest Coverage Range Over the Past 10 Years
Min: 50.38   Med: 158.13   Max: 267.79
Current: 50.38


IST:ENKAI's Interest Coverage is ranked better than
80.35% of 1354 companies
in the Construction industry
Industry Median: 7.865 vs IST:ENKAI: 50.38

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


Enka Insaat Venayi AS  (IST:ENKAI) 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 .


Enka Insaat Venayi AS Interest Coverage Related Terms


Enka Insaat Venayi AS Interest Coverage Historical Data

* Premium members only.

The historical data trend for Enka Insaat Venayi AS'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.

Enka Insaat Venayi AS Interest Coverage Chart

Enka Insaat Venayi AS 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 267.79 104.06 143.35 246.30 224.46

Enka Insaat Venayi AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 17.88 10.17 16.88 0.00 7.64

IST:ENKAI vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, Enka Insaat Venayi AS'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.


Enka Insaat Venayi AS Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Enka Insaat Venayi AS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Enka Insaat Venayi AS's Interest Coverage falls into.


IST:ENKAI
85GF Score
Enka Insaat Ve Sanayi AS IST:ENKAI
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Enka Insaat Venayi AS 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.

Enka Insaat Venayi AS'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, Enka Insaat Venayi AS's Interest Expense was ₺-126 Mil. Its Operating Income was ₺28,324 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺6,517 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*28324.164/-126.189
=224.46

Enka Insaat Venayi AS's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Enka Insaat Venayi AS's Interest Expense was ₺-859 Mil. Its Operating Income was ₺6,562 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺6,608 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*6561.936/-859.027
=7.64

* 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 7.64 mean?
Enka Insaat Venayi AS (IST:ENKAI) has a Interest Coverage of 7.64 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Enka Insaat Venayi AS and its competitors. This is 95% below median its historical median of 158.13. Over the past decade, Enka Insaat Venayi AS's Interest Coverage has ranged from 50.38 to 267.79. According to the industry distribution chart, Enka Insaat Venayi AS ranks #266 out of 1354 companies in the Construction industry, placing it in the top 19.6%.
Is Enka Insaat Venayi AS's Interest Coverage too high?
Enka Insaat Venayi AS's current Interest Coverage of 7.64 is 95% below median its 10-year median of 158.13. Over the past 10 years, this metric has ranged from a low of 50.38 to a high of 267.79. The Construction industry median Interest Coverage is 7.87. Enka Insaat Venayi AS's value of 7.64 is 2.9% below this industry median. Based on the distribution chart, Enka Insaat Venayi AS ranks #266 out of 1354 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Enka Insaat Venayi AS has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Enka Insaat Venayi AS's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Enka Insaat Venayi AS ranks #266 out of 1354 companies for Interest Coverage. This places Enka Insaat Venayi AS in the top 20% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 7.87. Enka Insaat Venayi AS's value of 7.64 is 2.9% below this benchmark. Historically, Enka Insaat Venayi AS's own Interest Coverage has ranged from 50.38 to 267.79 over the past decade. While the company's 10-year median is 158.13 vs. the industry median of 7.87, Enka Insaat Venayi AS 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 7.87, based on 1,354 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. Enka Insaat Venayi AS's current Interest Coverage of 7.64 is 2.9% 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 Enka Insaat Venayi AS and its competitors. For the Construction industry, the median Interest Coverage is 7.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enka Insaat Venayi AS's current Interest Coverage is 7.64, which is 95% below median its own 10-year median of 158.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enka Insaat Venayi AS stock overvalued right now?
Based on GuruFocus' analysis, Enka Insaat Venayi AS (IST:ENKAI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺101.06, compared to a current price of ₺90.85 — trading 10.1% below its estimated fair value. The current Interest Coverage is 7.64, which is 95% below median its 10-year median of 158.13 and 2.9% below the Construction industry median of 7.87. Enka Insaat Venayi AS's overall GF Score™ is 85/100 with 3 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 Enka Insaat Venayi AS (IST:ENKAI), the current Interest Coverage is 7.64 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 Enka Insaat Venayi AS (IST:ENKAI) Overvalued in 2026?

Based on GuruFocus' analysis, Enka Insaat Venayi AS stock appears to be undervalued. The current stock price of ₺90.85 is trading 10.1% below its estimated GF Value™ of ₺101.06. GuruFocus considers Enka Insaat Venayi AS to be Modestly Undervalued.

Key valuation signals for IST:ENKAI:

  • Interest Coverage: 7.64 (95% below median its 10-year median of 158.13)
  • GF Value™: ₺101.06 vs. price of ₺90.85 (10.1% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 2.9% below the Construction median (#266 of 1354)

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


Enka Insaat Venayi AS Business Description

Address Balmumcu Mah Zincirlikuyu Yolu No 10, Enka Binasi Besiktas, Istanbul, TUR, 34349
Enka Insaat Ve Sanayi AS provides a full range of design, engineering, construction, and project management services in various sectors. It creates power plants, production facilities, transportation systems, and other construction projects. If needed, the company will engineer and fabricate structures for installation and modularization. Enka Insaat Ve Sanayi has four operating segments: construction contracts; rental, trade and manufacturing; and energy (the majority of total revenue). Additional revenue is generated from aftermarket support and services, and the company utilizes a mix of traditional engineering disciplines to produce results. The company derives the majority of its revenue from Turkey, but the company does operate in various European nations.
85GF Score

Get the complete analysis for IST:ENKAI

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

₺90.85
Price
₺101.06
GF Value