Piquadro SpAMIL:PQ -0.37%80 Interest Coverage is 3.43 as of Sep. 2025, which is 57% below its 10-year median of 7.90. GuruFocus rates MIL:PQ with a GF Score™ of 80/100 and a GF Value™ of €2.19 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 741 Manufacturing - Apparel & Accessories companies, Piquadro SpA ranks worse than 64.51% 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. Piquadro SpA's
Operating Income
for the
six
months ended in Sep. 2025 was €5.7 Mil. Piquadro SpA's Interest Expense for the
six
months ended in Sep. 2025 was €-1.7 Mil.
Piquadro SpA's interest coverage for the quarter that ended in Sep. 2025 was 3.43.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Piquadro SpA's Interest Coverage or its related term are showing as below:
MIL:PQ'
s Interest Coverage Range Over the Past 10 Years
Min: 2.84 Med: 7.9 Max: 24.82
Current: 2.84
MIL:PQ's Interest Coverage is ranked worse than 64.51% of 741
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.43
vs MIL:PQ: 2.84
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 .
Piquadro SpA Interest Coverage Related Terms
Piquadro SpA Interest Coverage Historical Data
* Premium members only.
The historical data trend for Piquadro 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:PQ vs NKE, DECK, ONON: Interest Coverage Comparison
For the Footwear & Accessories subindustry, Piquadro 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.
Piquadro SpA Interest Coverage vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Piquadro SpA's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Piquadro 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.
Piquadro SpA (MIL:PQ) has a Interest Coverage of 3.43 as of Sep. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Piquadro SpA and its competitors. This is 57% below median its historical median of 7.90. Over the past decade, Piquadro SpA's Interest Coverage has ranged from 2.84 to 24.82. According to the industry distribution chart, Piquadro SpA ranks #478 out of 741 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 64.5%.
Is Piquadro SpA's Interest Coverage too high?
Piquadro SpA's current Interest Coverage of 3.43 is 57% below median its 10-year median of 7.90. Over the past 10 years, this metric has ranged from a low of 2.84 to a high of 24.82. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.43. Piquadro SpA's value of 3.43 is 36.8% below this industry median. Based on the distribution chart, Piquadro SpA ranks #478 out of 741 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Piquadro SpA has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Piquadro SpA's Interest Coverage compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Piquadro SpA ranks #478 out of 741 companies for Interest Coverage. This places Piquadro SpA in the lower half of its industry. The industry median Interest Coverage is 5.43. Piquadro SpA's value of 3.43 is 36.8% below this benchmark. Historically, Piquadro SpA's own Interest Coverage has ranged from 2.84 to 24.82 over the past decade. While the company's 10-year median is 7.90 vs. the industry median of 5.43, Piquadro 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 Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.43, based on 741 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. Piquadro SpA's current Interest Coverage of 3.43 is 36.8% 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 Piquadro SpA and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Piquadro SpA's current Interest Coverage is 3.43, which is 57% below median its own 10-year median of 7.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piquadro SpA stock overvalued right now?
Based on GuruFocus' analysis, Piquadro SpA (MIL:PQ) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.19, compared to a current price of €2.71 — trading 23.7% above its estimated fair value. The current Interest Coverage is 3.43, which is 57% below median its 10-year median of 7.90 and 36.8% below the Manufacturing - Apparel & Accessories industry median of 5.43. Piquadro SpA's overall GF Score™ is 80/100 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 Piquadro SpA (MIL:PQ), the current Interest Coverage is 3.43 as of Sep. 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 Piquadro SpA (MIL:PQ) Overvalued in 2026?
Based on GuruFocus' analysis, Piquadro SpA stock appears to be overvalued.
The current stock price of €2.71 is trading 23.7% above its estimated GF Value™ of €2.19.
GuruFocus considers Piquadro SpA to be Modestly Overvalued.
Key valuation signals for MIL:PQ:
Interest Coverage: 3.43 (57% below median its 10-year median of 7.90)
GF Value™: €2.19 vs. price of €2.71 (23.7% above fair value)
Industry Position: 36.8% below the Manufacturing - Apparel & Accessories median (#478 of 741)
No single metric tells the full story. See the MIL:PQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Piquadro SpA operates in the leather goods market. It is engaged in the design, manufacturing, and marketing of leather goods. The company's product portfolio includes bags and briefcases, women's purses, small leather articles such as wallets, billfolds, key holders, etc., sneakers, jackets, and others. The products are marketed through Piquadro, The Bridge, and Lancel brands which are also the company's reportable segments. Maximum revenue is generated from the Piquadro segment. Geographically, the company derives maximum revenue from Europe (excluding Italy) followed by Italy, and other regions.
80GF Score
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