Frasers Property (Thailand) PCL (BKK:FPT) Interest Coverage: 0.67 (As of Mar. 2026) — 67% Below Median


BKK:FPT Frasers Property (Thailand) PCL BKK:FPT
65 GF Score
Price ฿6.30
GF Value ฿11.46
Valuation Possible Value Trap
! 7 Warning Signs
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What is Frasers Property (Thailand) PCL Interest Coverage?

Frasers Property (Thailand) PCL BKK:FPT 65 Interest Coverage is 0.67 as of Mar. 2026, which is 67% below its 10-year median of 2.02. GuruFocus rates BKK:FPT with a GF Score™ of 65/100 and a GF Value™ of ฿11.46 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,299 Real Estate companies, Frasers Property (Thailand) PCL ranks worse than 73.6% 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. Frasers Property (Thailand) PCL's Operating Income for the three months ended in Mar. 2026 was ฿200 Mil. Frasers Property (Thailand) PCL's Interest Expense for the three months ended in Mar. 2026 was ฿-298 Mil. Frasers Property (Thailand) PCL's interest coverage for the quarter that ended in Mar. 2026 was 0.67. 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. Frasers Property (Thailand) PCL interest coverage is 1.76, which is low.

The historical rank and industry rank for Frasers Property (Thailand) PCL's Interest Coverage or its related term are showing as below:

BKK:FPT' s Interest Coverage Range Over the Past 10 Years
Min: 0.59   Med: 2.02   Max: 6.27
Current: 1.76


BKK:FPT's Interest Coverage is ranked worse than
73.6% of 1299 companies
in the Real Estate industry
Industry Median: 4.25 vs BKK:FPT: 1.76

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


Frasers Property (Thailand) PCL  (BKK:FPT) 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 .


Frasers Property (Thailand) PCL Interest Coverage Related Terms


Frasers Property (Thailand) PCL Interest Coverage Historical Data

* Premium members only.

The historical data trend for Frasers Property (Thailand) PCL'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.

Frasers Property (Thailand) PCL Interest Coverage Chart

Frasers Property (Thailand) PCL Annual Data
Trend Dec15 Dec16 Dec17 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.35 3.38 2.13 1.90 1.80

Frasers Property (Thailand) PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 1.13 2.58 2.01 1.67 0.67

Frasers Property (Thailand) PCL Interest Coverage Competitor Comparison

For the Real Estate - Development subindustry, Frasers Property (Thailand) PCL'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.


Frasers Property (Thailand) PCL Interest Coverage vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Frasers Property (Thailand) PCL's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Frasers Property (Thailand) PCL's Interest Coverage falls into.


BKK:FPT
65GF Score
Frasers Property (Thailand) PCL BKK:FPT
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Frasers Property (Thailand) PCL 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.

Frasers Property (Thailand) PCL's Interest Coverage for the fiscal year that ended in Sep. 2025 is calculated as

Here, for the fiscal year that ended in Sep. 2025, Frasers Property (Thailand) PCL's Interest Expense was ฿-1,272 Mil. Its Operating Income was ฿2,295 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿36,292 Mil.

Interest Coverage=-1* Operating Income (A: Sep. 2025 )/Interest Expense (A: Sep. 2025 )
=-1*2295.304/-1272.052
=1.80

Frasers Property (Thailand) PCL's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Frasers Property (Thailand) PCL's Interest Expense was ฿-298 Mil. Its Operating Income was ฿200 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿37,632 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*199.802/-297.753
=0.67

* 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 0.67 mean?
Frasers Property (Thailand) PCL (BKK:FPT) has a Interest Coverage of 0.67 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Frasers Property (Thailand) PCL and its competitors. This is 67% below median its historical median of 2.02. Over the past decade, Frasers Property (Thailand) PCL's Interest Coverage has ranged from 0.59 to 6.27. According to the industry distribution chart, Frasers Property (Thailand) PCL ranks #956 out of 1299 companies in the Real Estate industry, placing it in the top 73.6%.
Is Frasers Property (Thailand) PCL's Interest Coverage too high?
Frasers Property (Thailand) PCL's current Interest Coverage of 0.67 is 67% below median its 10-year median of 2.02. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 6.27. The Real Estate industry median Interest Coverage is 4.25. Frasers Property (Thailand) PCL's value of 0.67 is 84.2% below this industry median. Based on the distribution chart, Frasers Property (Thailand) PCL ranks #956 out of 1299 companies in the Real Estate industry, which is below the industry midpoint. Overall, Frasers Property (Thailand) PCL has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Frasers Property (Thailand) PCL's Interest Coverage compare to competitors?
According to the Real Estate industry distribution chart, Frasers Property (Thailand) PCL ranks #956 out of 1299 companies for Interest Coverage. This places Frasers Property (Thailand) PCL in the lower half of its industry. The industry median Interest Coverage is 4.25. Frasers Property (Thailand) PCL's value of 0.67 is 84.2% below this benchmark. Historically, Frasers Property (Thailand) PCL's own Interest Coverage has ranged from 0.59 to 6.27 over the past decade. While the company's 10-year median is 2.02 vs. the industry median of 4.25, Frasers Property (Thailand) PCL 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 Real Estate company?
The median Interest Coverage among Real Estate companies is 4.25, based on 1,299 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. Frasers Property (Thailand) PCL's current Interest Coverage of 0.67 is 84.2% 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 Frasers Property (Thailand) PCL and its competitors. For the Real Estate industry, the median Interest Coverage is 4.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frasers Property (Thailand) PCL's current Interest Coverage is 0.67, which is 67% below median its own 10-year median of 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frasers Property (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Frasers Property (Thailand) PCL (BKK:FPT) is currently considered Possible Value Trap. The stock's GF Value™ is ฿11.46, compared to a current price of ฿6.30 — trading 45% below its estimated fair value. The current Interest Coverage is 0.67, which is 67% below median its 10-year median of 2.02 and 84.2% below the Real Estate industry median of 4.25. Frasers Property (Thailand) PCL's overall GF Score™ is 65/100 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 Frasers Property (Thailand) PCL (BKK:FPT), the current Interest Coverage is 0.67 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 Frasers Property (Thailand) PCL (BKK:FPT) Overvalued in 2026?

Based on GuruFocus' analysis, Frasers Property (Thailand) PCL stock appears to be undervalued. The current stock price of ฿6.30 is trading 45% below its estimated GF Value™ of ฿11.46. GuruFocus considers Frasers Property (Thailand) PCL to be Possible Value Trap.

Key valuation signals for BKK:FPT:

  • Interest Coverage: 0.67 (67% below median its 10-year median of 2.02)
  • GF Value™: ฿11.46 vs. price of ฿6.30 (45% below fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 84.2% below the Real Estate median (#956 of 1299)

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


Frasers Property (Thailand) PCL Business Description

Address Rama 4 Road, No. 944 Mitrtown Office Tower, 22nd - 23rd Floor, Wangmai Subdistrict, Pathumwan District, Bangkok, THA, 10330
Frasers Property (Thailand) PCL is an industrial real estate developer operating in Thailand. The company and its subsidiaries are principally engaged industrial real estate development business, which comprises the development of factories and warehouses, mainly for rent and occasionally for sale, residential real-estate development, including rental and related service of commercial buildings and hotel business. Its segments include Real estate business, Investment properties for industrial business, Rental and commercial building business and Hotel business, where majority revenue is derived from Real estate business segment.
65GF Score

Get the complete analysis for BKK:FPT

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

฿6.30
Price
฿11.46
GF Value