Nicolas Correa (XMAD:NEA) Interest Coverage: 56.38 (As of Dec. 2025) — 96% Above Median


XMAD:NEA Nicolas Correa SA XMAD:NEA
93 GF Score
Price €9.70
GF Value €7.25
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Nicolas Correa Interest Coverage?

Nicolas Correa XMAD:NEA 93 Interest Coverage is 56.38 as of Dec. 2025, which is 96% above its 10-year median of 28.81. GuruFocus rates XMAD:NEA with a GF Score™ of 93/100 and a GF Value™ of €7.25 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,325 Industrial Products companies, Nicolas Correa ranks better than 73.12% 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. Nicolas Correa's Operating Income for the six months ended in Dec. 2025 was €6.9 Mil. Nicolas Correa's Interest Expense for the six months ended in Dec. 2025 was €-0.1 Mil. Nicolas Correa's interest coverage for the quarter that ended in Dec. 2025 was 56.38. The higher the ratio, the stronger the company's financial strength is.

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

XMAD:NEA' s Interest Coverage Range Over the Past 10 Years
Min: 6.1   Med: 28.81   Max: 58.84
Current: 52.39


XMAD:NEA's Interest Coverage is ranked better than
73.12% of 2325 companies
in the Industrial Products industry
Industry Median: 14.8 vs XMAD:NEA: 52.39

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


Nicolas Correa  (XMAD:NEA) 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 .


Nicolas Correa Interest Coverage Related Terms


Nicolas Correa Interest Coverage Historical Data

* Premium members only.

The historical data trend for Nicolas Correa'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.

Nicolas Correa Interest Coverage Chart

Nicolas Correa 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 20.92 32.63 32.04 58.84 55.39

Nicolas Correa Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 32.39 51.24 62.46 49.15 56.38

XMAD:NEA vs GEV, ETN, PH: Interest Coverage Comparison

For the Specialty Industrial Machinery subindustry, Nicolas Correa'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.


Nicolas Correa Interest Coverage vs Industrial Products Industry

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

* The bar in red indicates where Nicolas Correa's Interest Coverage falls into.


XMAD:NEA
93GF Score
Nicolas Correa SA XMAD:NEA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nicolas Correa 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.

Nicolas Correa'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, Nicolas Correa's Interest Expense was €-0.3 Mil. Its Operating Income was €15.1 Mil. And its Long-Term Debt & Capital Lease Obligation was €9.6 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*15.066/-0.272
=55.39

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

Here, for the six months ended in Dec. 2025, Nicolas Correa's Interest Expense was €-0.1 Mil. Its Operating Income was €6.9 Mil. And its Long-Term Debt & Capital Lease Obligation was €9.6 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*6.878/-0.122
=56.38

* 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 56.38 mean?
Nicolas Correa (XMAD:NEA) has a Interest Coverage of 56.38 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nicolas Correa and its competitors. This is 96% above median its historical median of 28.81. Over the past decade, Nicolas Correa's Interest Coverage has ranged from 6.10 to 58.84. According to the industry distribution chart, Nicolas Correa ranks #625 out of 2325 companies in the Industrial Products industry, placing it in the top 26.9%.
Is Nicolas Correa's Interest Coverage too high?
Nicolas Correa's current Interest Coverage of 56.38 is 96% above median its 10-year median of 28.81. Over the past 10 years, this metric has ranged from a low of 6.10 to a high of 58.84. The Industrial Products industry median Interest Coverage is 14.80. Nicolas Correa's value of 56.38 is 280.9% above this industry median. Based on the distribution chart, Nicolas Correa ranks #625 out of 2325 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nicolas Correa has a GF Score™ of 93/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nicolas Correa's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nicolas Correa ranks #625 out of 2325 companies for Interest Coverage. This puts Nicolas Correa in the upper half of its industry. The industry median Interest Coverage is 14.80. Nicolas Correa's value of 56.38 is 280.9% above this benchmark. Historically, Nicolas Correa's own Interest Coverage has ranged from 6.10 to 58.84 over the past decade. While the company's 10-year median is 28.81 vs. the industry median of 14.80, Nicolas Correa 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 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. Nicolas Correa's current Interest Coverage of 56.38 is 280.9% 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 Nicolas Correa 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. Nicolas Correa's current Interest Coverage is 56.38, which is 96% above median its own 10-year median of 28.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nicolas Correa stock overvalued right now?
Based on GuruFocus' analysis, Nicolas Correa (XMAD:NEA) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.25, compared to a current price of €9.70 — trading 33.8% above its estimated fair value. The current Interest Coverage is 56.38, which is 96% above median its 10-year median of 28.81 and 280.9% above the Industrial Products industry median of 14.80. Nicolas Correa's overall GF Score™ is 93/100 with 5 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 Nicolas Correa (XMAD:NEA), the current Interest Coverage is 56.38 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 Nicolas Correa (XMAD:NEA) Overvalued in 2026?

Based on GuruFocus' analysis, Nicolas Correa stock appears to be overvalued. The current stock price of €9.70 is trading 33.8% above its estimated GF Value™ of €7.25. GuruFocus considers Nicolas Correa to be Significantly Overvalued.

Key valuation signals for XMAD:NEA:

  • Interest Coverage: 56.38 (96% above median its 10-year median of 28.81)
  • GF Value™: €7.25 vs. price of €9.70 (33.8% above fair value)
  • GF Score™: 93/100 with 5 warning signs
  • Industry Position: 280.9% above the Industrial Products median (#625 of 2325)

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


Nicolas Correa Business Description

Other Exchanges 0FDN:UK
Address Alcalde Martin Cobos 16A, Burgos, ESP, 09007
Nicolas Correa SA is engaged in the design and manufacture of milling machines. The company mainly specializes in the provision of milling solutions for the manufacturers of dies and moulds, monolithic elements for aeronautics, automotive, railway, wind, energy, as well as energy and general mechanical sectors, among others.
93GF Score

Get the complete analysis for XMAD:NEA

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

€9.70
Price
€7.25
GF Value