VNE SpA (MIL:VNE) Interest Coverage: 1.60 (As of Dec. 2025) — 37% Below Median


MIL:VNE VNE SpA MIL:VNE
33 GF Score
Price €2.40
GF Value €3.72
Valuation Possible Value Trap
! 2 Warning Signs
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What is VNE SpA Interest Coverage?

VNE SpA MIL:VNE 33 Interest Coverage is 1.60 as of Dec. 2025, which is 37% below its 10-year median of 2.55. GuruFocus rates MIL:VNE with a GF Score™ of 33/100 and a GF Value™ of €3.72 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,329 Industrial Products companies, VNE SpA ranks worse than 78.79% 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. VNE SpA's Operating Income for the six months ended in Dec. 2025 was €0.28 Mil. VNE SpA's Interest Expense for the six months ended in Dec. 2025 was €-0.17 Mil. VNE SpA's interest coverage for the quarter that ended in Dec. 2025 was 1.60. The higher the ratio, the stronger the company's financial strength is.

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

MIL:VNE' s Interest Coverage Range Over the Past 10 Years
Min: 0.97   Med: 2.55   Max: 3.83
Current: 3.83


MIL:VNE's Interest Coverage is ranked worse than
78.79% of 2329 companies
in the Industrial Products industry
Industry Median: 14.8 vs MIL:VNE: 3.83

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


VNE SpA  (MIL:VNE) 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 .


VNE SpA Interest Coverage Related Terms


VNE SpA Interest Coverage Historical Data

* Premium members only.

The historical data trend for VNE 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.

VNE SpA Interest Coverage Chart

VNE SpA Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
0.97 2.12 0.00 2.97 3.83

VNE SpA Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Interest Coverage Get a 7-Day Free Trial 1.44 0.89 5.24 7.81 1.60

MIL:VNE vs GEV, ETN, PH: Interest Coverage Comparison

For the Specialty Industrial Machinery subindustry, VNE 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.


VNE SpA Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, VNE SpA's Interest Coverage distribution charts can be found below:

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


MIL:VNE
33GF Score
VNE SpA MIL:VNE
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VNE 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.

VNE 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, VNE SpA's Interest Expense was €-0.27 Mil. Its Operating Income was €1.03 Mil. And its Long-Term Debt & Capital Lease Obligation was €2.01 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*1.034/-0.27
=3.83

VNE SpA's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, VNE SpA's Interest Expense was €-0.17 Mil. Its Operating Income was €0.28 Mil. And its Long-Term Debt & Capital Lease Obligation was €2.01 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*0.276/-0.173
=1.60

* 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 1.60 mean?
VNE SpA (MIL:VNE) has a Interest Coverage of 1.60 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on VNE SpA and its competitors. This is 37% below median its historical median of 2.55. Over the past decade, VNE SpA's Interest Coverage has ranged from 0.97 to 3.83. According to the industry distribution chart, VNE SpA ranks #1835 out of 2329 companies in the Industrial Products industry, placing it in the top 78.8%.
Is VNE SpA's Interest Coverage too high?
VNE SpA's current Interest Coverage of 1.60 is 37% below median its 10-year median of 2.55. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 3.83. The Industrial Products industry median Interest Coverage is 14.80. VNE SpA's value of 1.60 is 89.2% below this industry median. Based on the distribution chart, VNE SpA ranks #1835 out of 2329 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, VNE SpA has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does VNE SpA's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, VNE SpA ranks #1835 out of 2329 companies for Interest Coverage. This places VNE SpA in the lower half of its industry. The industry median Interest Coverage is 14.80. VNE SpA's value of 1.60 is 89.2% below this benchmark. Historically, VNE SpA's own Interest Coverage has ranged from 0.97 to 3.83 over the past decade. While the company's 10-year median is 2.55 vs. the industry median of 14.80, VNE 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.80, based on 2,329 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. VNE SpA's current Interest Coverage of 1.60 is 89.2% 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 VNE SpA and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VNE SpA's current Interest Coverage is 1.60, which is 37% below median its own 10-year median of 2.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VNE SpA stock overvalued right now?
Based on GuruFocus' analysis, VNE SpA (MIL:VNE) is currently considered Possible Value Trap. The stock's GF Value™ is €3.72, compared to a current price of €2.40 — trading 35.5% below its estimated fair value. The current Interest Coverage is 1.60, which is 37% below median its 10-year median of 2.55 and 89.2% below the Industrial Products industry median of 14.80. VNE SpA's overall GF Score™ is 33/100 with 2 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 VNE SpA (MIL:VNE), the current Interest Coverage is 1.60 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 VNE SpA (MIL:VNE) Overvalued in 2026?

Based on GuruFocus' analysis, VNE SpA stock appears to be undervalued. The current stock price of €2.40 is trading 35.5% below its estimated GF Value™ of €3.72. GuruFocus considers VNE SpA to be Possible Value Trap.

Key valuation signals for MIL:VNE:

  • Interest Coverage: 1.60 (37% below median its 10-year median of 2.55)
  • GF Value™: €3.72 vs. price of €2.40 (35.5% below fair value)
  • GF Score™: 33/100 with 2 warning signs
  • Industry Position: 89.2% below the Industrial Products median (#1835 of 2329)

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


VNE SpA Business Description

Address Via Biagioni, 371 loc. Querceta, Seravezza (Lu), ITA, 55047
VNE SpA produces hardware and software for the management of banknotes, coins, and, more generally, payments and transactions through cash and cashless systems, offering a wide range of customized products. It creates, samples, and produces all its appliances internally. The company offers consulting and commercial assistance all over the world through a stable and efficient operating network; moreover, it guarantees qualified and immediate maintenance and technical assistance anywhere on every type of machine. The main markets where the company operates internationally are gambling, retail & vending, casino & ticket, and wherever there is a need to manage payments or automated transactions.
33GF Score

Get the complete analysis for MIL:VNE

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

€2.40
Price
€3.72
GF Value