NRDXF (Nordex SE) Interest Coverage: 4.79 (As of Mar. 2026) — 163% Above Median


NRDXF Nordex SE NRDXF
58 GF Score
Price $50.60
GF Value $16.55
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Nordex SE Interest Coverage?

Nordex SE NRDXF 58 Interest Coverage is 4.79 as of Mar. 2026, which is 163% above its 10-year median of 1.82. GuruFocus rates NRDXF with a GF Score™ of 58/100 and a GF Value™ of $16.55 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,325 Industrial Products companies, Nordex SE ranks worse than 65.08% 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. Nordex SE's Operating Income for the three months ended in Mar. 2026 was $102 Mil. Nordex SE's Interest Expense for the three months ended in Mar. 2026 was $-21 Mil. Nordex SE's interest coverage for the quarter that ended in Mar. 2026 was 4.79. The higher the ratio, the stronger the company's financial strength is.

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

NRDXF' s Interest Coverage Range Over the Past 10 Years
Min: 0.17   Med: 1.82   Max: 7.51
Current: 7.51


NRDXF's Interest Coverage is ranked worse than
65.08% of 2325 companies
in the Industrial Products industry
Industry Median: 14.8 vs NRDXF: 7.51

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


Nordex SE  (OTCPK:NRDXF) 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 .


Nordex SE Interest Coverage Related Terms


Nordex SE Interest Coverage Historical Data

* Premium members only.

The historical data trend for Nordex SE'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.

Nordex SE Interest Coverage Chart

Nordex SE 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 0.00 0.00 0.00 1.75 6.11

Nordex SE 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 1.21 4.64 2.01 19.28 4.79

NRDXF vs GEV, ETN, PH: Interest Coverage Comparison

For the Specialty Industrial Machinery subindustry, Nordex SE'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.


Nordex SE Interest Coverage vs Industrial Products Industry

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

* The bar in red indicates where Nordex SE's Interest Coverage falls into.


NRDXF
58GF Score
Nordex SE NRDXF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nordex SE 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.

Nordex SE'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, Nordex SE's Interest Expense was $-111 Mil. Its Operating Income was $681 Mil. And its Long-Term Debt & Capital Lease Obligation was $481 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*680.532/-111.331
=6.11

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

Here, for the three months ended in Mar. 2026, Nordex SE's Interest Expense was $-21 Mil. Its Operating Income was $102 Mil. And its Long-Term Debt & Capital Lease Obligation was $0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*102.388/-21.358
=4.79

* 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 4.79 mean?
Nordex SE (NRDXF) has a Interest Coverage of 4.79 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nordex SE and its competitors. This is 163% above median its historical median of 1.82. Over the past decade, Nordex SE's Interest Coverage has ranged from 0.17 to 7.51. According to the industry distribution chart, Nordex SE ranks #1513 out of 2325 companies in the Industrial Products industry, placing it in the top 65.1%.
Is Nordex SE's Interest Coverage too high?
Nordex SE's current Interest Coverage of 4.79 is 163% above median its 10-year median of 1.82. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 7.51. The Industrial Products industry median Interest Coverage is 14.80. Nordex SE's value of 4.79 is 67.6% below this industry median. Based on the distribution chart, Nordex SE ranks #1513 out of 2325 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Nordex SE has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordex SE's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nordex SE ranks #1513 out of 2325 companies for Interest Coverage. This places Nordex SE in the lower half of its industry. The industry median Interest Coverage is 14.80. Nordex SE's value of 4.79 is 67.6% below this benchmark. Historically, Nordex SE's own Interest Coverage has ranged from 0.17 to 7.51 over the past decade. While the company's 10-year median is 1.82 vs. the industry median of 14.80, Nordex SE 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 2,325 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. Nordex SE's current Interest Coverage of 4.79 is 67.6% 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 Nordex SE 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. Nordex SE's current Interest Coverage is 4.79, which is 163% above median its own 10-year median of 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordex SE stock overvalued right now?
Based on GuruFocus' analysis, Nordex SE (NRDXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $16.55, compared to a current price of $50.60 — trading 205.7% above its estimated fair value. The current Interest Coverage is 4.79, which is 163% above median its 10-year median of 1.82 and 67.6% below the Industrial Products industry median of 14.80. Nordex SE's overall GF Score™ is 58/100 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 Nordex SE (NRDXF), the current Interest Coverage is 4.79 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 Nordex SE (NRDXF) Overvalued in 2026?

Based on GuruFocus' analysis, Nordex SE stock appears to be overvalued. The current stock price of $50.60 is trading 205.7% above its estimated GF Value™ of $16.55. GuruFocus considers Nordex SE to be Significantly Overvalued.

Key valuation signals for NRDXF:

  • Interest Coverage: 4.79 (163% above median its 10-year median of 1.82)
  • GF Value™: $16.55 vs. price of $50.60 (205.7% above fair value)
  • GF Score™: 58/100 with 8 warning signs
  • Industry Position: 67.6% below the Industrial Products median (#1513 of 2325)

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


Nordex SE Business Description

Address Langenhorner Chaussee 600, Hamburg, DEU, 22419
Nordex SE is a German company that develops, manufactures, services, and markets wind power systems. The company manages its activities via Projects and Service segments. The Projects segment includes all activities associated with the development, production, assembly, and commissioning of wind turbines, including project development. The Services segment provides services and products for turbines, which have been handed over to the customer, such as maintenance, remote monitoring of wind farms, repairs, technical and efficiency enhancements for existing turbines. The majority of the company's revenue is generated from the Projects segment. Geographically, it operates across different markets in Europe, North America, Latin America, and the Rest of the World.
58GF Score

Get the complete analysis for NRDXF

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

$50.60
Price
$16.55
GF Value