MFC Industrial Investment Freehold and Leasehold REIT (BKK:MII) Interest Coverage: 28.49 (As of Mar. 2026) — Near Median


BKK:MII MFC Industrial Investment Freehold and Leasehold REIT BKK:MII
65 GF Score
Price ฿5.80
GF Value ฿6.20
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is MFC Industrial Investment Freehold and Leasehold REIT Interest Coverage?

MFC Industrial Investment Freehold and Leasehold REIT BKK:MII 65 Interest Coverage is 28.49 as of Mar. 2026, which is 5% above its 10-year median of 27.21. GuruFocus rates BKK:MII with a GF Score™ of 65/100 and a GF Value™ of ฿6.20 (Fairly Valued). The stock has 4 warning signs investors should review. Among 702 REITs companies, MFC Industrial Investment Freehold and Leasehold REIT ranks better than 83.33% 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. MFC Industrial Investment Freehold and Leasehold REIT's Operating Income for the three months ended in Mar. 2026 was ฿31.3 Mil. MFC Industrial Investment Freehold and Leasehold REIT's Interest Expense for the three months ended in Mar. 2026 was ฿-1.1 Mil. MFC Industrial Investment Freehold and Leasehold REIT's interest coverage for the quarter that ended in Mar. 2026 was 28.49. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for MFC Industrial Investment Freehold and Leasehold REIT's Interest Coverage or its related term are showing as below:

BKK:MII' s Interest Coverage Range Over the Past 10 Years
Min: 21.48   Med: 27.21   Max: No Debt
Current: 25.46


BKK:MII's Interest Coverage is ranked better than
83.33% of 702 companies
in the REITs industry
Industry Median: 3.125 vs BKK:MII: 25.46

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


MFC Industrial Investment Freehold and Leasehold REIT  (BKK:MII) 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 .


MFC Industrial Investment Freehold and Leasehold REIT Interest Coverage Related Terms


MFC Industrial Investment Freehold and Leasehold REIT Interest Coverage Historical Data

* Premium members only.

The historical data trend for MFC Industrial Investment Freehold and Leasehold REIT'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.

MFC Industrial Investment Freehold and Leasehold REIT Interest Coverage Chart

MFC Industrial Investment Freehold and Leasehold REIT 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 27.21 23.03 25.19 N/A 25.03

MFC Industrial Investment Freehold and Leasehold REIT 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 26.62 25.29 20.68 27.55 28.49

BKK:MII vs VICI, WPC, BNL: Interest Coverage Comparison

For the REIT - Diversified subindustry, MFC Industrial Investment Freehold and Leasehold REIT'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.


MFC Industrial Investment Freehold and Leasehold REIT Interest Coverage vs REITs Industry

For the REITs industry and Real Estate sector, MFC Industrial Investment Freehold and Leasehold REIT's Interest Coverage distribution charts can be found below:

* The bar in red indicates where MFC Industrial Investment Freehold and Leasehold REIT's Interest Coverage falls into.


BKK:MII
65GF Score
MFC Industrial Investment Freehold and Leasehold REIT BKK:MII
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MFC Industrial Investment Freehold and Leasehold REIT 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.

MFC Industrial Investment Freehold and Leasehold REIT'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, MFC Industrial Investment Freehold and Leasehold REIT's Interest Expense was ฿-4.6 Mil. Its Operating Income was ฿115.5 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿138.6 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*115.476/-4.614
=25.03

MFC Industrial Investment Freehold and Leasehold REIT's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, MFC Industrial Investment Freehold and Leasehold REIT's Interest Expense was ฿-1.1 Mil. Its Operating Income was ฿31.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿137.2 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*31.257/-1.097
=28.49

* 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 28.49 mean?
MFC Industrial Investment Freehold and Leasehold REIT (BKK:MII) has a Interest Coverage of 28.49 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on MFC Industrial Investment Freehold and Leasehold REIT and its competitors. This is near median its historical median of 27.21. Over the past decade, MFC Industrial Investment Freehold and Leasehold REIT's Interest Coverage has ranged from 21.48 to 10,000.00. According to the industry distribution chart, MFC Industrial Investment Freehold and Leasehold REIT ranks #117 out of 702 companies in the REITs industry, placing it in the top 16.7%.
Is MFC Industrial Investment Freehold and Leasehold REIT's Interest Coverage too high?
MFC Industrial Investment Freehold and Leasehold REIT's current Interest Coverage of 28.49 is near median its 10-year median of 27.21. Over the past 10 years, this metric has ranged from a low of 21.48 to a high of 10,000.00. The REITs industry median Interest Coverage is 3.13. MFC Industrial Investment Freehold and Leasehold REIT's value of 28.49 is 811.7% above this industry median. Based on the distribution chart, MFC Industrial Investment Freehold and Leasehold REIT ranks #117 out of 702 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, MFC Industrial Investment Freehold and Leasehold REIT has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MFC Industrial Investment Freehold and Leasehold REIT's Interest Coverage compare to VICI and WPC?
According to the REITs industry distribution chart, MFC Industrial Investment Freehold and Leasehold REIT ranks #117 out of 702 companies for Interest Coverage. This places MFC Industrial Investment Freehold and Leasehold REIT in the top 17% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 3.13. MFC Industrial Investment Freehold and Leasehold REIT's value of 28.49 is 811.7% above this benchmark. Historically, MFC Industrial Investment Freehold and Leasehold REIT's own Interest Coverage has ranged from 21.48 to 10,000.00 over the past decade. While the company's 10-year median is 27.21 vs. the industry median of 3.13, MFC Industrial Investment Freehold and Leasehold REIT 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 3.13, based on 702 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. MFC Industrial Investment Freehold and Leasehold REIT's current Interest Coverage of 28.49 is 811.7% 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 MFC Industrial Investment Freehold and Leasehold REIT and its competitors. For the REITs industry, the median Interest Coverage is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MFC Industrial Investment Freehold and Leasehold REIT's current Interest Coverage is 28.49, which is near median its own 10-year median of 27.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MFC Industrial Investment Freehold and Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, MFC Industrial Investment Freehold and Leasehold REIT (BKK:MII) is currently considered Fairly Valued. The stock's GF Value™ is ฿6.20, compared to a current price of ฿5.80 — trading 6.5% below its estimated fair value. The current Interest Coverage is 28.49, which is near median its 10-year median of 27.21 and 811.7% above the REITs industry median of 3.13. MFC Industrial Investment Freehold and Leasehold REIT's overall GF Score™ is 65/100 with 4 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 MFC Industrial Investment Freehold and Leasehold REIT (BKK:MII), the current Interest Coverage is 28.49 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 MFC Industrial Investment Freehold and Leasehold REIT (BKK:MII) Overvalued in 2026?

Based on GuruFocus' analysis, MFC Industrial Investment Freehold and Leasehold REIT stock appears to be undervalued. The current stock price of ฿5.80 is trading 6.5% below its estimated GF Value™ of ฿6.20. GuruFocus considers MFC Industrial Investment Freehold and Leasehold REIT to be Fairly Valued.

Key valuation signals for BKK:MII:

  • Interest Coverage: 28.49 (near median its 10-year median of 27.21)
  • GF Value™: ฿6.20 vs. price of ฿5.80 (6.5% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 811.7% above the REITs median (#117 of 702)

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


MFC Industrial Investment Freehold and Leasehold REIT Business Description

Industry Real EstateREITs
Other Exchanges MII-F:Thailand
Address Wireless Road, 195 One Bangkok Tower 4, 16th-17th Floor, Lumpini, Pathumwan, Bangkok, THA, 10330
MFC Industrial Investment Freehold and Leasehold REIT is a close-ended property fund with no maturity date. Its objective of supporting the conversion from a Fund and to raise funds to invest in real estate or accept the transfer of leasehold rights to real estate, sub-leasehold rights to real estate, including movable properties and equipment related to operations and to generate benefits from real estate. The Trust has operated under one geographical activity for segment information which is the rental of properties in Thailand.
65GF Score

Get the complete analysis for BKK:MII

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

฿5.80
Price
฿6.20
GF Value