Edison SpA (MIL:EDNR) Interest Coverage: 8.52 (As of Mar. 2026) — 46% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:EDNR Edison SpA MIL:EDNR
69 GF Score
Price €1.91
GF Value €1.83
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Edison SpA Interest Coverage?

Edison SpA MIL:EDNR +0.21% 69 Interest Coverage is 8.52 as of Mar. 2026, which is 46% below its 10-year median of 15.92. GuruFocus rates MIL:EDNR with a GF Score™ of 69/100 and a GF Value™ of €1.83 (Fairly Valued). The stock has 6 warning signs investors should review. Among 730 Oil & Gas companies, Edison SpA ranks better than 68.36% 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. Edison SpA's Operating Income for the three months ended in Mar. 2026 was €179 Mil. Edison SpA's Interest Expense for the three months ended in Mar. 2026 was €-21 Mil. Edison SpA's interest coverage for the quarter that ended in Mar. 2026 was 8.52. The higher the ratio, the stronger the company's financial strength is.

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

MIL:EDNR' s Interest Coverage Range Over the Past 10 Years
Min: 1.44   Med: 15.92   Max: 55.17
Current: 13.75


MIL:EDNR's Interest Coverage is ranked better than
68.36% of 730 companies
in the Oil & Gas industry
Industry Median: 6.115 vs MIL:EDNR: 13.75

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


Edison SpA  (MIL:EDNR) 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 .


Edison SpA Interest Coverage Related Terms


Edison SpA Interest Coverage Historical Data

* Premium members only.

The historical data trend for Edison 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.

Edison SpA Interest Coverage Chart

Edison SpA 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 24.65 16.84 29.54 54.30 13.49

Edison SpA 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 12.89 0.00 6.46 27.78 8.52

MIL:EDNR vs XOM, CVX: Interest Coverage Comparison

For the Oil & Gas Integrated subindustry, Edison 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.


Edison SpA Interest Coverage vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Edison SpA's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Edison SpA's Interest Coverage falls into.


MIL:EDNR
69GF Score
Edison SpA MIL:EDNR
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Edison SpA 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.

Edison SpA'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, Edison SpA's Interest Expense was €-61 Mil. Its Operating Income was €823 Mil. And its Long-Term Debt & Capital Lease Obligation was €854 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*823/-61
=13.49

Edison SpA's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Edison SpA's Interest Expense was €-21 Mil. Its Operating Income was €179 Mil. And its Long-Term Debt & Capital Lease Obligation was €922 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*179/-21
=8.52

* 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 8.52 mean?
Edison SpA (MIL:EDNR) has a Interest Coverage of 8.52 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Edison SpA and its competitors. This is 46% below median its historical median of 15.92. Over the past decade, Edison SpA's Interest Coverage has ranged from 1.44 to 55.17. According to the industry distribution chart, Edison SpA ranks #231 out of 730 companies in the Oil & Gas industry, placing it in the top 31.6%.
Is Edison SpA's Interest Coverage too high?
Edison SpA's current Interest Coverage of 8.52 is 46% below median its 10-year median of 15.92. Over the past 10 years, this metric has ranged from a low of 1.44 to a high of 55.17. The Oil & Gas industry median Interest Coverage is 6.12. Edison SpA's value of 8.52 is 39.3% above this industry median. Based on the distribution chart, Edison SpA ranks #231 out of 730 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Edison SpA has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Edison SpA's Interest Coverage compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Edison SpA ranks #231 out of 730 companies for Interest Coverage. This puts Edison SpA in the upper half of its industry. The industry median Interest Coverage is 6.12. Edison SpA's value of 8.52 is 39.3% above this benchmark. Historically, Edison SpA's own Interest Coverage has ranged from 1.44 to 55.17 over the past decade. While the company's 10-year median is 15.92 vs. the industry median of 6.12, Edison 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 an Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 6.12, based on 730 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. Edison SpA's current Interest Coverage of 8.52 is 39.3% 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 Edison SpA and its competitors. For the Oil & Gas industry, the median Interest Coverage is 6.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Edison SpA's current Interest Coverage is 8.52, which is 46% below median its own 10-year median of 15.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Edison SpA stock overvalued right now?
Based on GuruFocus' analysis, Edison SpA (MIL:EDNR) is currently considered Fairly Valued. The stock's GF Value™ is €1.83, compared to a current price of €1.91 — trading 4.4% above its estimated fair value. The current Interest Coverage is 8.52, which is 46% below median its 10-year median of 15.92 and 39.3% above the Oil & Gas industry median of 6.12. Edison SpA's overall GF Score™ is 69/100 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 Edison SpA (MIL:EDNR), the current Interest Coverage is 8.52 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 Edison SpA (MIL:EDNR) Overvalued in 2026?

Based on GuruFocus' analysis, Edison SpA stock appears to be overvalued. The current stock price of €1.91 is trading 4.4% above its estimated GF Value™ of €1.83. GuruFocus considers Edison SpA to be Fairly Valued.

Key valuation signals for MIL:EDNR:

  • Interest Coverage: 8.52 (46% below median its 10-year median of 15.92)
  • GF Value™: €1.83 vs. price of €1.91 (4.4% above fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 39.3% above the Oil & Gas median (#231 of 730)

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


Edison SpA Business Description

Industry EnergyOil & Gas
Other Exchanges 0N4J:UKEDXR:Germany
Address Foro Buonaparte, 31, Milano, ITA, 20121
Edison SpA is an Italian energy operator. It is principally engaged in procurement, production, and sale and supplying electricity, gas and energy, and environmental services to families and businesses. The company's segment includes Generation & Flexibility, Gas Supply & Development of Green Gases, Clients & Services, and Corporate & Environmental Remediation. The firm derives the majority of its revenue from Gas Supply & Development of Green Gases, which includes midstream gas activities, such as the development of gas transportation infrastructure, the management of procurement contracts and sales to wholesale customers.
69GF Score

Get the complete analysis for MIL:EDNR

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

€1.91
Price
€1.83
GF Value