ATRRF (Altarea SCA) Interest Coverage: 2.08 (As of Dec. 2025) — 52% Below Median


ATRRF Altarea SCA ATRRF
58 GF Score
Price $110.00
GF Value $81.38
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Altarea SCA Interest Coverage?

Altarea SCA ATRRF -14.21% 58 Interest Coverage is 2.08 as of Dec. 2025, which is 52% below its 10-year median of 4.30. GuruFocus rates ATRRF with a GF Score™ of 58/100 and a GF Value™ of $81.38 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 700 REITs companies, Altarea SCA ranks worse than 61% 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. Altarea SCA's Operating Income for the six months ended in Dec. 2025 was $89 Mil. Altarea SCA's Interest Expense for the six months ended in Dec. 2025 was $-43 Mil. Altarea SCA's interest coverage for the quarter that ended in Dec. 2025 was 2.08. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Altarea SCA interest coverage is 2.43, which is low.

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

ATRRF' s Interest Coverage Range Over the Past 10 Years
Min: 2.16   Med: 4.3   Max: 5.92
Current: 2.43


ATRRF's Interest Coverage is ranked worse than
61% of 700 companies
in the REITs industry
Industry Median: 3.095 vs ATRRF: 2.43

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


Altarea SCA  (OTCPK:ATRRF) 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 .


Altarea SCA Interest Coverage Related Terms


Altarea SCA Interest Coverage Historical Data

* Premium members only.

The historical data trend for Altarea SCA'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.

Altarea SCA Interest Coverage Chart

Altarea SCA 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 4.30 5.92 0.00 2.16 2.43

Altarea SCA 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 0.00 2.25 2.09 2.77 2.08

ATRRF vs AVB, EQR, ESS: Interest Coverage Comparison

For the REIT - Residential subindustry, Altarea SCA'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.


Altarea SCA Interest Coverage vs REITs Industry

For the REITs industry and Real Estate sector, Altarea SCA's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Altarea SCA's Interest Coverage falls into.


ATRRF
58GF Score
Altarea SCA ATRRF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Altarea SCA 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.

Altarea SCA'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, Altarea SCA's Interest Expense was $-88 Mil. Its Operating Income was $213 Mil. And its Long-Term Debt & Capital Lease Obligation was $2,430 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*212.998/-87.588
=2.43

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

Here, for the six months ended in Dec. 2025, Altarea SCA's Interest Expense was $-43 Mil. Its Operating Income was $89 Mil. And its Long-Term Debt & Capital Lease Obligation was $2,430 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*89.227/-42.857
=2.08

* 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 2.08 mean?
Altarea SCA (ATRRF) has a Interest Coverage of 2.08 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Altarea SCA and its competitors. This is 52% below median its historical median of 4.30. Over the past decade, Altarea SCA's Interest Coverage has ranged from 2.16 to 5.92. According to the industry distribution chart, Altarea SCA ranks #427 out of 700 companies in the REITs industry, placing it in the top 61%.
Is Altarea SCA's Interest Coverage too high?
Altarea SCA's current Interest Coverage of 2.08 is 52% below median its 10-year median of 4.30. Over the past 10 years, this metric has ranged from a low of 2.16 to a high of 5.92. The REITs industry median Interest Coverage is 3.10. Altarea SCA's value of 2.08 is 32.8% below this industry median. Based on the distribution chart, Altarea SCA ranks #427 out of 700 companies in the REITs industry, which is below the industry midpoint. Overall, Altarea SCA has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Altarea SCA's Interest Coverage compare to AVB and EQR?
According to the REITs industry distribution chart, Altarea SCA ranks #427 out of 700 companies for Interest Coverage. This places Altarea SCA in the lower half of its industry. The industry median Interest Coverage is 3.10. Altarea SCA's value of 2.08 is 32.8% below this benchmark. Historically, Altarea SCA's own Interest Coverage has ranged from 2.16 to 5.92 over the past decade. While the company's 10-year median is 4.30 vs. the industry median of 3.10, Altarea SCA 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 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. Altarea SCA's current Interest Coverage of 2.08 is 32.8% 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 Altarea SCA 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. Altarea SCA's current Interest Coverage is 2.08, which is 52% below median its own 10-year median of 4.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altarea SCA stock overvalued right now?
Based on GuruFocus' analysis, Altarea SCA (ATRRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $81.38, compared to a current price of $110.00 — trading 35.2% above its estimated fair value. The current Interest Coverage is 2.08, which is 52% below median its 10-year median of 4.30 and 32.8% below the REITs industry median of 3.10. Altarea SCA's overall GF Score™ is 58/100 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 Altarea SCA (ATRRF), the current Interest Coverage is 2.08 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 Altarea SCA (ATRRF) Overvalued in 2026?

Based on GuruFocus' analysis, Altarea SCA stock appears to be overvalued. The current stock price of $110.00 is trading 35.2% above its estimated GF Value™ of $81.38. GuruFocus considers Altarea SCA to be Significantly Overvalued.

Key valuation signals for ATRRF:

  • Interest Coverage: 2.08 (52% below median its 10-year median of 4.30)
  • GF Value™: $81.38 vs. price of $110.00 (35.2% above fair value)
  • GF Score™: 58/100 with 6 warning signs
  • Industry Position: 32.8% below the REITs median (#427 of 700)

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


Altarea SCA Business Description

Industry Real EstateREITs
Address 87 rue de Richelieu, Paris, FRA, 75008
Altarea SCA is a real estate investment trust predominantly engaged in the acquisition, development, and management of properties throughout Western and Southern Europe. The company's real estate portfolio is composed of residential, retail, office, and mixed-use spaces. Altarea derives the majority of its revenue from rental income related to the leasing of its real estate assets. Its operating segments are; Retail; Residential; Business property; New businesses; and Others. Maximum rental income is generated from the Retail segment which consists of shopping centers under management or development. Geographically, it generates maximum revenue from France and the rest from Italy, Spain, and other regions.
58GF Score

Get the complete analysis for ATRRF

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

$110.00
Price
$81.38
GF Value