Maire SpA (MIL:MAIRE) Interest Coverage: 6.62 (As of Mar. 2026) — 62% Below Median


MIL:MAIRE Maire SpA MIL:MAIRE
91 GF Score
Price €14.18
GF Value €11.95
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Maire SpA Interest Coverage?

Maire SpA MIL:MAIRE -2.41% 91 Interest Coverage is 6.62 as of Mar. 2026, which is 62% below its 10-year median of 17.40. GuruFocus rates MIL:MAIRE with a GF Score™ of 91/100 and a GF Value™ of €11.95 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,354 Construction companies, Maire SpA ranks better than 61.37% 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. Maire SpA's Operating Income for the three months ended in Mar. 2026 was €113 Mil. Maire SpA's Interest Expense for the three months ended in Mar. 2026 was €-17 Mil. Maire SpA's interest coverage for the quarter that ended in Mar. 2026 was 6.62. The higher the ratio, the stronger the company's financial strength is.

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

MIL:MAIRE' s Interest Coverage Range Over the Past 10 Years
Min: 10.43   Med: 17.4   Max: 40.88
Current: 13.41


MIL:MAIRE's Interest Coverage is ranked better than
61.37% of 1354 companies
in the Construction industry
Industry Median: 7.865 vs MIL:MAIRE: 13.41

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


Maire SpA  (MIL:MAIRE) 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 .


Maire SpA Interest Coverage Related Terms


Maire SpA Interest Coverage Historical Data

* Premium members only.

The historical data trend for Maire 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.

Maire SpA Interest Coverage Chart

Maire 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 16.34 19.96 17.10 13.53 13.66

Maire 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 6.37 0.00 2.32 0.00 6.62

MIL:MAIRE vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, Maire 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.


Maire SpA Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Maire SpA's Interest Coverage distribution charts can be found below:

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


MIL:MAIRE
91GF Score
Maire SpA MIL:MAIRE
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maire 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.

Maire 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, Maire SpA's Interest Expense was €-32 Mil. Its Operating Income was €438 Mil. And its Long-Term Debt & Capital Lease Obligation was €745 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*438.368/-32.097
=13.66

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

Here, for the three months ended in Mar. 2026, Maire SpA's Interest Expense was €-17 Mil. Its Operating Income was €113 Mil. And its Long-Term Debt & Capital Lease Obligation was €385 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*113.391/-17.137
=6.62

* 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 6.62 mean?
Maire SpA (MIL:MAIRE) has a Interest Coverage of 6.62 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Maire SpA and its competitors. This is 62% below median its historical median of 17.40. Over the past decade, Maire SpA's Interest Coverage has ranged from 10.43 to 40.88. According to the industry distribution chart, Maire SpA ranks #523 out of 1354 companies in the Construction industry, placing it in the top 38.6%.
Is Maire SpA's Interest Coverage too high?
Maire SpA's current Interest Coverage of 6.62 is 62% below median its 10-year median of 17.40. Over the past 10 years, this metric has ranged from a low of 10.43 to a high of 40.88. The Construction industry median Interest Coverage is 7.87. Maire SpA's value of 6.62 is 15.8% below this industry median. Based on the distribution chart, Maire SpA ranks #523 out of 1354 companies in the Construction industry, which is above the industry midpoint. Overall, Maire SpA has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maire SpA's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Maire SpA ranks #523 out of 1354 companies for Interest Coverage. This puts Maire SpA in the upper half of its industry. The industry median Interest Coverage is 7.87. Maire SpA's value of 6.62 is 15.8% below this benchmark. Historically, Maire SpA's own Interest Coverage has ranged from 10.43 to 40.88 over the past decade. While the company's 10-year median is 17.40 vs. the industry median of 7.87, Maire SpA 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. Maire SpA's current Interest Coverage of 6.62 is 15.8% 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 Maire SpA 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. Maire SpA's current Interest Coverage is 6.62, which is 62% below median its own 10-year median of 17.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maire SpA stock overvalued right now?
Based on GuruFocus' analysis, Maire SpA (MIL:MAIRE) is currently considered Modestly Overvalued. The stock's GF Value™ is €11.95, compared to a current price of €14.18 — trading 18.7% above its estimated fair value. The current Interest Coverage is 6.62, which is 62% below median its 10-year median of 17.40 and 15.8% below the Construction industry median of 7.87. Maire SpA's overall GF Score™ is 91/100 with 8 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 Maire SpA (MIL:MAIRE), the current Interest Coverage is 6.62 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 Maire SpA (MIL:MAIRE) Overvalued in 2026?

Based on GuruFocus' analysis, Maire SpA stock appears to be overvalued. The current stock price of €14.18 is trading 18.7% above its estimated GF Value™ of €11.95. GuruFocus considers Maire SpA to be Modestly Overvalued.

Key valuation signals for MIL:MAIRE:

  • Interest Coverage: 6.62 (62% below median its 10-year median of 17.40)
  • GF Value™: €11.95 vs. price of €14.18 (18.7% above fair value)
  • GF Score™: 91/100 with 8 warning signs
  • Industry Position: 15.8% below the Construction median (#523 of 1354)

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


Maire SpA Business Description

Address Via Gaetano De Castillia 6A, Milan, ITA, 20124
Maire SpA is an Italy-based company that offers sustainable technological solutions for fertilizers, hydrogen, CO2 capture, fuels, chemicals, and polymers.
91GF Score

Get the complete analysis for MIL:MAIRE

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

€14.18
Price
€11.95
GF Value