Circle SpAMIL:CIRC -2.19%83 Interest Coverage is 46.23 as of Dec. 2025, which is 57% below its 10-year median of 106.34. GuruFocus rates MIL:CIRC with a GF Score™ of 83/100 and a GF Value™ of €12.25 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,706 Software companies, Circle SpA ranks better than 54.87% 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. Circle SpA's
Operating Income
for the
six
months ended in Dec. 2025 was €1.62 Mil. Circle SpA's Interest Expense for the
six
months ended in Dec. 2025 was €-0.04 Mil.
Circle SpA's interest coverage for the quarter that ended in Dec. 2025 was 46.23.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Circle SpA's Interest Coverage or its related term are showing as below:
MIL:CIRC'
s Interest Coverage Range Over the Past 10 Years
Min: 3.31 Med: 106.34 Max: 498
Current: 34.51
MIL:CIRC's Interest Coverage is ranked better than 54.87% of 1706
companies
in the Software industry
Industry Median: 24.695
vs MIL:CIRC: 34.51
Circle SpA (MIL:CIRC) 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 .
Circle SpA Interest Coverage Related Terms
Circle SpA Interest Coverage Historical Data
* Premium members only.
The historical data trend for Circle SpA'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.
MIL:CIRC vs IBM, ACN, FISV: Interest Coverage Comparison
For the Information Technology Services subindustry, Circle SpA'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.
Circle SpA Interest Coverage vs Software Industry
For the Software industry and Technology sector, Circle SpA's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Circle SpA'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.
Circle SpA (MIL:CIRC) has a Interest Coverage of 46.23 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Circle SpA and its competitors. This is 57% below median its historical median of 106.34. Over the past decade, Circle SpA's Interest Coverage has ranged from 3.31 to 498.00. According to the industry distribution chart, Circle SpA ranks #770 out of 1706 companies in the Software industry, placing it in the top 45.1%.
Is Circle SpA's Interest Coverage too high?
Circle SpA's current Interest Coverage of 46.23 is 57% below median its 10-year median of 106.34. Over the past 10 years, this metric has ranged from a low of 3.31 to a high of 498.00. The Software industry median Interest Coverage is 24.70. Circle SpA's value of 46.23 is 87.2% above this industry median. Based on the distribution chart, Circle SpA ranks #770 out of 1706 companies in the Software industry, which is above the industry midpoint. Overall, Circle SpA has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Circle SpA's Interest Coverage compare to IBM and ACN?
According to the Software industry distribution chart, Circle SpA ranks #770 out of 1706 companies for Interest Coverage. This puts Circle SpA in the upper half of its industry. The industry median Interest Coverage is 24.70. Circle SpA's value of 46.23 is 87.2% above this benchmark. Historically, Circle SpA's own Interest Coverage has ranged from 3.31 to 498.00 over the past decade. While the company's 10-year median is 106.34 vs. the industry median of 24.70, Circle SpA has consistently been above 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 Software company?
The median Interest Coverage among Software companies is 24.70, based on 1,706 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. Circle SpA's current Interest Coverage of 46.23 is 87.2% above 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 Circle SpA and its competitors. For the Software industry, the median Interest Coverage is 24.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Circle SpA's current Interest Coverage is 46.23, which is 57% below median its own 10-year median of 106.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Circle SpA stock overvalued right now?
Based on GuruFocus' analysis, Circle SpA (MIL:CIRC) is currently considered Fairly Valued. The stock's GF Value™ is €12.25, compared to a current price of €13.40 — trading 9.4% above its estimated fair value. The current Interest Coverage is 46.23, which is 57% below median its 10-year median of 106.34 and 87.2% above the Software industry median of 24.70. Circle SpA's overall GF Score™ is 83/100 with 7 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 Circle SpA (MIL:CIRC), the current Interest Coverage is 46.23 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 Circle SpA (MIL:CIRC) Overvalued in 2026?
Based on GuruFocus' analysis, Circle SpA stock appears to be overvalued.
The current stock price of €13.40 is trading 9.4% above its estimated GF Value™ of €12.25.
GuruFocus considers Circle SpA to be Fairly Valued.
Key valuation signals for MIL:CIRC:
Interest Coverage: 46.23 (57% below median its 10-year median of 106.34)
GF Value™: €12.25 vs. price of €13.40 (9.4% above fair value)
Industry Position: 87.2% above the Software median (#770 of 1706)
No single metric tells the full story. See the MIL:CIRC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Circle SpA is engaged in providing consulting services, technological solutions, and digital marketing services to companies operating predominantly in the logistics and transportation sectors. It provides strategic consulting services in the fields of port management, logistics, and transport, and also develops software solutions to optimize flow management and improve logistics processes. The company's service offerings in the digital marketing sector include; services for the analysis, identification, and use of multi-channel communication tools for the implementation of digital marketing strategies.
83GF Score
Get the complete analysis for MIL:CIRC
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIL:CIRC has been successfully added to your 
