Makedonski Telekom AD (XMAE:TEL) Interest Coverage: 20.76 (As of Mar. 2026) — 55% Below Median

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XMAE:TEL Makedonski Telekom AD XMAE:TEL
73 GF Score
Price MKD495.00
GF Value MKD432.91
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Makedonski Telekom AD Interest Coverage?

Makedonski Telekom AD XMAE:TEL 73 Interest Coverage is 20.76 as of Mar. 2026, which is 55% below its 10-year median of 46.20. GuruFocus rates XMAE:TEL with a GF Score™ of 73/100 and a GF Value™ of MKD432.91 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 284 Telecommunication Services companies, Makedonski Telekom AD ranks better than 86.62% 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. Makedonski Telekom AD's Operating Income for the three months ended in Mar. 2026 was MKD688 Mil. Makedonski Telekom AD's Interest Expense for the three months ended in Mar. 2026 was MKD-33 Mil. Makedonski Telekom AD's interest coverage for the quarter that ended in Mar. 2026 was 20.76. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Makedonski Telekom AD's Interest Coverage or its related term are showing as below:

XMAE:TEL' s Interest Coverage Range Over the Past 10 Years
Min: 27.22   Med: 46.2   Max: 82.71
Current: 37.73


XMAE:TEL's Interest Coverage is ranked better than
86.62% of 284 companies
in the Telecommunication Services industry
Industry Median: 4.74 vs XMAE:TEL: 37.73

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


Makedonski Telekom AD  (XMAE:TEL) 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 .


Makedonski Telekom AD Interest Coverage Related Terms


Makedonski Telekom AD Interest Coverage Historical Data

* Premium members only.

The historical data trend for Makedonski Telekom AD'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.

Makedonski Telekom AD Interest Coverage Chart

Makedonski Telekom AD Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.63 80.59 82.71 41.07 47.04

Makedonski Telekom AD Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 0.00 28.37 141.48 40.02 20.76

XMAE:TEL vs VZ, TMUS, T: Interest Coverage Comparison

For the Telecom Services subindustry, Makedonski Telekom AD'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.


Makedonski Telekom AD Interest Coverage vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Makedonski Telekom AD's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Makedonski Telekom AD's Interest Coverage falls into.


XMAE:TEL
73GF Score
Makedonski Telekom AD XMAE:TEL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Makedonski Telekom AD 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.

Makedonski Telekom AD's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Makedonski Telekom AD's Interest Expense was MKD-52 Mil. Its Operating Income was MKD2,460 Mil. And its Long-Term Debt & Capital Lease Obligation was MKD262 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*2460.174/-52.296
=47.04

Makedonski Telekom AD's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Makedonski Telekom AD's Interest Expense was MKD-33 Mil. Its Operating Income was MKD688 Mil. And its Long-Term Debt & Capital Lease Obligation was MKD0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*688.292/-33.162
=20.76

* 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 20.76 mean?
Makedonski Telekom AD (XMAE:TEL) has a Interest Coverage of 20.76 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Makedonski Telekom AD and its competitors. This is 55% below median its historical median of 46.20. Over the past decade, Makedonski Telekom AD's Interest Coverage has ranged from 27.22 to 82.71. According to the industry distribution chart, Makedonski Telekom AD ranks #38 out of 284 companies in the Telecommunication Services industry, placing it in the top 13.4%.
Is Makedonski Telekom AD's Interest Coverage too high?
Makedonski Telekom AD's current Interest Coverage of 20.76 is 55% below median its 10-year median of 46.20. Over the past 10 years, this metric has ranged from a low of 27.22 to a high of 82.71. The Telecommunication Services industry median Interest Coverage is 4.74. Makedonski Telekom AD's value of 20.76 is 338% above this industry median. Based on the distribution chart, Makedonski Telekom AD ranks #38 out of 284 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Makedonski Telekom AD has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Makedonski Telekom AD's Interest Coverage compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Makedonski Telekom AD ranks #38 out of 284 companies for Interest Coverage. This places Makedonski Telekom AD in the top 13% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.74. Makedonski Telekom AD's value of 20.76 is 338% above this benchmark. Historically, Makedonski Telekom AD's own Interest Coverage has ranged from 27.22 to 82.71 over the past decade. While the company's 10-year median is 46.20 vs. the industry median of 4.74, Makedonski Telekom AD 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 a Telecommunication Services company?
The median Interest Coverage among Telecommunication Services companies is 4.74, based on 284 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. Makedonski Telekom AD's current Interest Coverage of 20.76 is 338% 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 Makedonski Telekom AD and its competitors. For the Telecommunication Services industry, the median Interest Coverage is 4.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Makedonski Telekom AD's current Interest Coverage is 20.76, which is 55% below median its own 10-year median of 46.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makedonski Telekom AD stock overvalued right now?
Based on GuruFocus' analysis, Makedonski Telekom AD (XMAE:TEL) is currently considered Modestly Overvalued. The stock's GF Value™ is MKD432.91, compared to a current price of MKD495.00 — trading 14.3% above its estimated fair value. The current Interest Coverage is 20.76, which is 55% below median its 10-year median of 46.20 and 338% above the Telecommunication Services industry median of 4.74. Makedonski Telekom AD's overall GF Score™ is 73/100 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 Makedonski Telekom AD (XMAE:TEL), the current Interest Coverage is 20.76 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 Makedonski Telekom AD (XMAE:TEL) Overvalued in 2026?

Based on GuruFocus' analysis, Makedonski Telekom AD stock appears to be overvalued. The current stock price of MKD495.00 is trading 14.3% above its estimated GF Value™ of MKD432.91. GuruFocus considers Makedonski Telekom AD to be Modestly Overvalued.

Key valuation signals for XMAE:TEL:

  • Interest Coverage: 20.76 (55% below median its 10-year median of 46.20)
  • GF Value™: MKD432.91 vs. price of MKD495.00 (14.3% above fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 338% above the Telecommunication Services median (#38 of 284)

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


Makedonski Telekom AD Business Description

Address Kej 13 Noemvri No. 6, Skopje, MKD, 1000
Makedonski Telekom AD offers telecommunications services. Its services include telephone services, internet access services including broadband internet and entertainment IPTV products. The company offers a portfolio for residential and business customers, provided from a single source and focuses on Cloud and ICT solutions in order to provide the best customer experience.
73GF Score

Get the complete analysis for XMAE:TEL

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

MKD495.00
Price
MKD432.91
GF Value