Carindale Property TrustASX:CDP +0.17%60 Interest Coverage is 4.34 as of Dec. 2025, which is 16% above its 10-year median of 3.73. GuruFocus rates ASX:CDP with a GF Score™ of 60/100 and a GF Value™ of A$3.43 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 700 REITs companies, Carindale Property Trust ranks better than 61.43% 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. Carindale Property Trust's
Operating Income
for the
six
months ended in Dec. 2025 was A$20.46 Mil. Carindale Property Trust's Interest Expense for the
six
months ended in Dec. 2025 was A$-4.71 Mil.
Carindale Property Trust's interest coverage for the quarter that ended in Dec. 2025 was 4.34.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Carindale Property Trust's Interest Coverage or its related term are showing as below:
ASX:CDP'
s Interest Coverage Range Over the Past 10 Years
Min: 2.08 Med: 3.73 Max: 8.77
Current: 4.17
ASX:CDP's Interest Coverage is ranked better than 61.43% of 700
companies
in the REITs industry
Industry Median: 3.095
vs ASX:CDP: 4.17
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 .
Carindale Property Trust Interest Coverage Related Terms
Carindale Property Trust 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.
ASX:CDP vs SPG, O, KIM: Interest Coverage Comparison
For the REIT - Retail subindustry, Carindale Property Trust'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.
Carindale Property Trust Interest Coverage vs REITs Industry
For the REITs industry and Real Estate sector, Carindale Property Trust's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Carindale Property Trust's Interest Coverage falls into.
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.
Carindale Property Trust (ASX:CDP) has a Interest Coverage of 4.34 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Carindale Property Trust and its competitors. This is 16% above median its historical median of 3.73. Over the past decade, Carindale Property Trust's Interest Coverage has ranged from 2.08 to 8.77. According to the industry distribution chart, Carindale Property Trust ranks #270 out of 700 companies in the REITs industry, placing it in the top 38.6%.
Is Carindale Property Trust's Interest Coverage too high?
Carindale Property Trust's current Interest Coverage of 4.34 is 16% above median its 10-year median of 3.73. Over the past 10 years, this metric has ranged from a low of 2.08 to a high of 8.77. The REITs industry median Interest Coverage is 3.10. Carindale Property Trust's value of 4.34 is 40.2% above this industry median. Based on the distribution chart, Carindale Property Trust ranks #270 out of 700 companies in the REITs industry, which is above the industry midpoint. Overall, Carindale Property Trust has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carindale Property Trust's Interest Coverage compare to SPG and O?
According to the REITs industry distribution chart, Carindale Property Trust ranks #270 out of 700 companies for Interest Coverage. This puts Carindale Property Trust in the upper half of its industry. The industry median Interest Coverage is 3.10. Carindale Property Trust's value of 4.34 is 40.2% above this benchmark. Historically, Carindale Property Trust's own Interest Coverage has ranged from 2.08 to 8.77 over the past decade. While the company's 10-year median is 3.73 vs. the industry median of 3.10, Carindale Property Trust 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 REITs company?
The median Interest Coverage among REITs companies is 3.10, based on 700 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. Carindale Property Trust's current Interest Coverage of 4.34 is 40.2% 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 Carindale Property Trust and its competitors. For the REITs industry, the median Interest Coverage is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carindale Property Trust's current Interest Coverage is 4.34, which is 16% above median its own 10-year median of 3.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carindale Property Trust stock overvalued right now?
Based on GuruFocus' analysis, Carindale Property Trust (ASX:CDP) is currently considered Significantly Overvalued. The stock's GF Value™ is A$3.43, compared to a current price of A$5.74 — trading 67.3% above its estimated fair value. The current Interest Coverage is 4.34, which is 16% above median its 10-year median of 3.73 and 40.2% above the REITs industry median of 3.10. Carindale Property Trust's overall GF Score™ is 60/100 with 7 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 Carindale Property Trust (ASX:CDP), the current Interest Coverage is 4.34 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 Carindale Property Trust (ASX:CDP) Overvalued in 2026?
Based on GuruFocus' analysis, Carindale Property Trust stock appears to be overvalued.
The current stock price of A$5.74 is trading 67.3% above its estimated GF Value™ of A$3.43.
GuruFocus considers Carindale Property Trust to be Significantly Overvalued.
Key valuation signals for ASX:CDP:
Interest Coverage: 4.34 (16% above median its 10-year median of 3.73)
GF Value™: A$3.43 vs. price of A$5.74 (67.3% above fair value)
Industry Position: 40.2% above the REITs median (#270 of 700)
No single metric tells the full story. See the ASX:CDP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Carindale Property Trust is engaged in the long-term ownership of an interest in the Westfield Cardinal shopping center. The company derives revenue from shopping center base rent and other property income. The Trust operates in one business segment, being the ownership of a shopping centre in Australia.
60GF Score
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