Saha Pathana Inter-Holding PCL (BKK:SPI) Interest Coverage: 0.51 (As of Mar. 2026) — 48% Below Median


BKK:SPI Saha Pathana Inter-Holding PCL BKK:SPI
67 GF Score
Price ฿33.25
GF Value ฿26.39
Valuation Modestly Overvalued
! 12 Warning Signs
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What is Saha Pathana Inter-Holding PCL Interest Coverage?

Saha Pathana Inter-Holding PCL BKK:SPI -0.75% 67 Interest Coverage is 0.51 as of Mar. 2026, which is 48% below its 10-year median of 0.99. GuruFocus rates BKK:SPI with a GF Score™ of 67/100 and a GF Value™ of ฿26.39 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 1,302 Real Estate companies, Saha Pathana Inter-Holding PCL ranks worse than 76804.84% 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. Saha Pathana Inter-Holding PCL's Operating Income for the three months ended in Mar. 2026 was ฿63 Mil. Saha Pathana Inter-Holding PCL's Interest Expense for the three months ended in Mar. 2026 was ฿-124 Mil. Saha Pathana Inter-Holding PCL's interest coverage for the quarter that ended in Mar. 2026 was 0.51. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Saha Pathana Inter-Holding PCL's Interest Coverage or its related term are showing as below:


BKK:SPI's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 4.245
* Ranked among companies with meaningful Interest Coverage only.

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


Saha Pathana Inter-Holding PCL  (BKK:SPI) 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 .


Saha Pathana Inter-Holding PCL Interest Coverage Related Terms


Saha Pathana Inter-Holding PCL Interest Coverage Historical Data

* Premium members only.

The historical data trend for Saha Pathana Inter-Holding 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.

Saha Pathana Inter-Holding PCL Interest Coverage Chart

Saha Pathana Inter-Holding PCL 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 1.21 1.62 2.38 0.76 0.57

Saha Pathana Inter-Holding 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 3.43 0.00 0.00 1.09 0.51

BKK:SPI vs CBRE, BEKE, JLL: Interest Coverage Comparison

For the Real Estate Services subindustry, Saha Pathana Inter-Holding 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.


Saha Pathana Inter-Holding PCL Interest Coverage vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Saha Pathana Inter-Holding PCL's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Saha Pathana Inter-Holding PCL's Interest Coverage falls into.


BKK:SPI
67GF Score
Saha Pathana Inter-Holding PCL BKK:SPI
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saha Pathana Inter-Holding 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.

Saha Pathana Inter-Holding PCL'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, Saha Pathana Inter-Holding PCL's Interest Expense was ฿-545 Mil. Its Operating Income was ฿309 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿13,105 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*309.301/-545.105
=0.57

Saha Pathana Inter-Holding PCL's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Saha Pathana Inter-Holding PCL's Interest Expense was ฿-124 Mil. Its Operating Income was ฿63 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿13,949 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*63.39/-123.58
=0.51

* 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 0.51 mean?
Saha Pathana Inter-Holding PCL (BKK:SPI) has a Interest Coverage of 0.51 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Saha Pathana Inter-Holding PCL and its competitors. This is 48% below median its historical median of 0.99. According to the industry distribution chart, Saha Pathana Inter-Holding PCL ranks #999999 out of 1302 companies in the Real Estate industry.
Is Saha Pathana Inter-Holding PCL's Interest Coverage too high?
Saha Pathana Inter-Holding PCL's current Interest Coverage of 0.51 is 48% below median its 10-year median of 0.99. The Real Estate industry median Interest Coverage is 4.25. Saha Pathana Inter-Holding PCL's value of 0.51 is 88% below this industry median. Based on the distribution chart, Saha Pathana Inter-Holding PCL ranks #999999 out of 1302 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Saha Pathana Inter-Holding PCL has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saha Pathana Inter-Holding PCL's Interest Coverage compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Saha Pathana Inter-Holding PCL ranks #999999 out of 1302 companies for Interest Coverage. This places Saha Pathana Inter-Holding PCL in the lower half of its industry. The industry median Interest Coverage is 4.25. Saha Pathana Inter-Holding PCL's value of 0.51 is 88% below this benchmark. While the company's 10-year median is 0.99 vs. the industry median of 4.25, Saha Pathana Inter-Holding 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 1,302 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. Saha Pathana Inter-Holding PCL's current Interest Coverage of 0.51 is 88% 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 Saha Pathana Inter-Holding 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. Saha Pathana Inter-Holding PCL's current Interest Coverage is 0.51, which is 48% below median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saha Pathana Inter-Holding PCL stock overvalued right now?
Based on GuruFocus' analysis, Saha Pathana Inter-Holding PCL (BKK:SPI) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿26.39, compared to a current price of ฿33.25 — trading 26% above its estimated fair value. The current Interest Coverage is 0.51, which is 48% below median its 10-year median of 0.99 and 88% below the Real Estate industry median of 4.25. Saha Pathana Inter-Holding PCL's overall GF Score™ is 67/100 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 Saha Pathana Inter-Holding PCL (BKK:SPI), the current Interest Coverage is 0.51 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 Saha Pathana Inter-Holding PCL (BKK:SPI) Overvalued in 2026?

Based on GuruFocus' analysis, Saha Pathana Inter-Holding PCL stock appears to be overvalued. The current stock price of ฿33.25 is trading 26% above its estimated GF Value™ of ฿26.39. GuruFocus considers Saha Pathana Inter-Holding PCL to be Modestly Overvalued.

Key valuation signals for BKK:SPI:

  • Interest Coverage: 0.51 (48% below median its 10-year median of 0.99)
  • GF Value™: ฿26.39 vs. price of ฿33.25 (26% above fair value)
  • GF Score™: 67/100 with 12 warning signs
  • Industry Position: 88% below the Real Estate median (#999999 of 1302)

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


Saha Pathana Inter-Holding PCL Business Description

Address Rama 3 Road, 989 Kingbridge Tower, Bangpongpang, Yannawa, Bangkok, THA, 10120
Saha Pathana Inter-Holding PCL is engaged in the real estate business. The company's core businesses are divided into three segments: Investment in consumer goods business, which derives maximum revenue; Investment in food and beverage business; and Industrial park development and investment in other businesses. The company operates in Thailand only.
67GF Score

Get the complete analysis for BKK:SPI

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

฿33.25
Price
฿26.39
GF Value