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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. Shapir Engineering and Industry's
Operating Income
for the
three
months ended in Mar. 2026 was ₪117 Mil. Shapir Engineering and Industry's Interest Expense for the
three
months ended in Mar. 2026 was ₪-113 Mil.
Shapir Engineering and Industry's interest coverage for the quarter that ended in Mar. 2026 was 1.04.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Shapir Engineering and Industry's Interest Coverage or its related term are showing as below:
XTAE:SPEN'
s Interest Coverage Range Over the Past 10 Years
Min: 0.7 Med: 2.03 Max: 3.87
Current: 0.99
XTAE:SPEN's Interest Coverage is ranked worse than 93.3% of 1359
companies
in the Construction industry
Industry Median: 7.94
vs XTAE:SPEN: 0.99
Shapir Engineering and Industry (XTAE:SPEN) 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 .
Shapir Engineering and Industry Interest Coverage Related Terms
Shapir Engineering and Industry Interest Coverage Historical Data
* 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.
Shapir Engineering and Industry Interest Coverage Chart
XTAE:SPEN vs PWR, FIX, EME: Interest Coverage Comparison
For the Engineering & Construction subindustry, Shapir Engineering and Industry'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.
Shapir Engineering and Industry Interest Coverage vs Construction Industry
For the Construction industry and Industrials sector, Shapir Engineering and Industry's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Shapir Engineering and Industry's Interest Coverage falls into.
Shapir Engineering and Industry 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:
* 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.
Shapir Engineering and Industry (XTAE:SPEN) has a Interest Coverage of 1.04 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shapir Engineering and Industry and its competitors. This is 49% below median its historical median of 2.03. Over the past decade, Shapir Engineering and Industry's Interest Coverage has ranged from 0.70 to 3.87. According to the industry distribution chart, Shapir Engineering and Industry ranks #1268 out of 1359 companies in the Construction industry, placing it in the top 93.3%.
Is Shapir Engineering and Industry's Interest Coverage too high?
Shapir Engineering and Industry's current Interest Coverage of 1.04 is 49% below median its 10-year median of 2.03. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 3.87. The Construction industry median Interest Coverage is 7.94. Shapir Engineering and Industry's value of 1.04 is 86.9% below this industry median. Based on the distribution chart, Shapir Engineering and Industry ranks #1268 out of 1359 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Shapir Engineering and Industry has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shapir Engineering and Industry's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Shapir Engineering and Industry ranks #1268 out of 1359 companies for Interest Coverage. This places Shapir Engineering and Industry in the lower half of its industry. The industry median Interest Coverage is 7.94. Shapir Engineering and Industry's value of 1.04 is 86.9% below this benchmark. Historically, Shapir Engineering and Industry's own Interest Coverage has ranged from 0.70 to 3.87 over the past decade. While the company's 10-year median is 2.03 vs. the industry median of 7.94, Shapir Engineering and Industry 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 Construction company?
The median Interest Coverage among Construction companies is 7.94, based on 1,359 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. Shapir Engineering and Industry's current Interest Coverage of 1.04 is 86.9% 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 Shapir Engineering and Industry and its competitors. For the Construction industry, the median Interest Coverage is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shapir Engineering and Industry's current Interest Coverage is 1.04, which is 49% below median its own 10-year median of 2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shapir Engineering and Industry stock overvalued right now?
Based on GuruFocus' analysis, Shapir Engineering and Industry (XTAE:SPEN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₪31.31, compared to a current price of ₪47.77 — trading 52.6% above its estimated fair value. The current Interest Coverage is 1.04, which is 49% below median its 10-year median of 2.03 and 86.9% below the Construction industry median of 7.94. Shapir Engineering and Industry's overall GF Score™ is 88/100 with 12 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 Shapir Engineering and Industry (XTAE:SPEN), the current Interest Coverage is 1.04 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 Shapir Engineering and Industry (XTAE:SPEN) Overvalued in 2026?
Based on GuruFocus' analysis, Shapir Engineering and Industry stock appears to be overvalued.
The current stock price of ₪47.77 is trading 52.6% above its estimated GF Value™ of ₪31.31.
GuruFocus considers Shapir Engineering and Industry to be Significantly Overvalued.
Key valuation signals for XTAE:SPEN:
Interest Coverage: 1.04 (49% below median its 10-year median of 2.03)
GF Value™: ₪31.31 vs. price of ₪47.77 (52.6% above fair value)
Industry Position: 86.9% below the Construction median (#1268 of 1359)
No single metric tells the full story. See the XTAE:SPEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shapir Engineering and Industry Business Description
Shapir Engineering and Industry Ltd is an Israel-based company which is active in engineering and construction industry. It is engaged in manufacturing and supplying of aggregates and road materials, concrete, concrete fabricated plant as well as asphalt for road paving. The company also manufactures ready mix concrete and building finishing products and prefabricated elements from prestressed and precast concrete. Shapir focuses on developing high-quality apartment buildings and other apartments in various projects through Israel.
88GF Score
Get the complete analysis for XTAE:SPEN
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