HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) Interest Coverage: 0.53 (As of Mar. 2026) — Near Median


BSP:HBRE3 HBR Realty Empreendimentos Imobiliarios SA BSP:HBRE3
66 GF Score
Price R$2.60
GF Value R$16.49
Valuation Possible Value Trap
! 7 Warning Signs
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What is HBR Realty Empreendimentos Imobiliarios Interest Coverage?

HBR Realty Empreendimentos Imobiliarios BSP:HBRE3 +1.56% 66 Interest Coverage is 0.53 as of Mar. 2026, which is 9% below its 10-year median of 0.58. GuruFocus rates BSP:HBRE3 with a GF Score™ of 66/100 and a GF Value™ of R$16.49 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,299 Real Estate companies, HBR Realty Empreendimentos Imobiliarios ranks worse than 89.22% 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. HBR Realty Empreendimentos Imobiliarios's Operating Income for the three months ended in Mar. 2026 was R$27.4 Mil. HBR Realty Empreendimentos Imobiliarios's Interest Expense for the three months ended in Mar. 2026 was R$-51.6 Mil. HBR Realty Empreendimentos Imobiliarios's interest coverage for the quarter that ended in Mar. 2026 was 0.53. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for HBR Realty Empreendimentos Imobiliarios's Interest Coverage or its related term are showing as below:

BSP:HBRE3' s Interest Coverage Range Over the Past 10 Years
Min: 0.36   Med: 0.58   Max: 0.83
Current: 0.83


BSP:HBRE3's Interest Coverage is ranked worse than
89.22% of 1299 companies
in the Real Estate industry
Industry Median: 4.25 vs BSP:HBRE3: 0.83

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


HBR Realty Empreendimentos Imobiliarios  (BSP:HBRE3) 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 .


HBR Realty Empreendimentos Imobiliarios Interest Coverage Related Terms


HBR Realty Empreendimentos Imobiliarios Interest Coverage Historical Data

* Premium members only.

The historical data trend for HBR Realty Empreendimentos Imobiliarios'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.

HBR Realty Empreendimentos Imobiliarios Interest Coverage Chart

HBR Realty Empreendimentos Imobiliarios Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 0.36 0.72 0.62 0.54 0.83

HBR Realty Empreendimentos Imobiliarios 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 0.44 0.44 0.46 1.89 0.53

BSP:HBRE3 vs CBRE, BEKE, JLL: Interest Coverage Comparison

For the Real Estate Services subindustry, HBR Realty Empreendimentos Imobiliarios'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.


HBR Realty Empreendimentos Imobiliarios Interest Coverage vs Real Estate Industry

For the Real Estate industry and Real Estate sector, HBR Realty Empreendimentos Imobiliarios's Interest Coverage distribution charts can be found below:

* The bar in red indicates where HBR Realty Empreendimentos Imobiliarios's Interest Coverage falls into.


BSP:HBRE3
66GF Score
HBR Realty Empreendimentos Imobiliarios SA BSP:HBRE3
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HBR Realty Empreendimentos Imobiliarios 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.

HBR Realty Empreendimentos Imobiliarios'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, HBR Realty Empreendimentos Imobiliarios's Interest Expense was R$-195.5 Mil. Its Operating Income was R$162.2 Mil. And its Long-Term Debt & Capital Lease Obligation was R$1,508.4 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*162.179/-195.549
=0.83

HBR Realty Empreendimentos Imobiliarios's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, HBR Realty Empreendimentos Imobiliarios's Interest Expense was R$-51.6 Mil. Its Operating Income was R$27.4 Mil. And its Long-Term Debt & Capital Lease Obligation was R$1,390.0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*27.382/-51.55
=0.53

* 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 0.53 mean?
HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) has a Interest Coverage of 0.53 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on HBR Realty Empreendimentos Imobiliarios and its competitors. This is near median its historical median of 0.58. Over the past decade, HBR Realty Empreendimentos Imobiliarios' Interest Coverage has ranged from 0.36 to 0.83. According to the industry distribution chart, HBR Realty Empreendimentos Imobiliarios ranks #1159 out of 1299 companies in the Real Estate industry, placing it in the top 89.2%.
Is HBR Realty Empreendimentos Imobiliarios' Interest Coverage too high?
HBR Realty Empreendimentos Imobiliarios' current Interest Coverage of 0.53 is near median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 0.83. The Real Estate industry median Interest Coverage is 4.25. HBR Realty Empreendimentos Imobiliarios' value of 0.53 is 87.5% below this industry median. Based on the distribution chart, HBR Realty Empreendimentos Imobiliarios ranks #1159 out of 1299 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, HBR Realty Empreendimentos Imobiliarios has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HBR Realty Empreendimentos Imobiliarios' Interest Coverage compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, HBR Realty Empreendimentos Imobiliarios ranks #1159 out of 1299 companies for Interest Coverage. This places HBR Realty Empreendimentos Imobiliarios in the lower half of its industry. The industry median Interest Coverage is 4.25. HBR Realty Empreendimentos Imobiliarios' value of 0.53 is 87.5% below this benchmark. Historically, HBR Realty Empreendimentos Imobiliarios' own Interest Coverage has ranged from 0.36 to 0.83 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 4.25, HBR Realty Empreendimentos Imobiliarios 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. HBR Realty Empreendimentos Imobiliarios's current Interest Coverage of 0.53 is 87.5% 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 HBR Realty Empreendimentos Imobiliarios 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. HBR Realty Empreendimentos Imobiliarios's current Interest Coverage is 0.53, which is near median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HBR Realty Empreendimentos Imobiliarios stock overvalued right now?
Based on GuruFocus' analysis, HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) is currently considered Possible Value Trap. The stock's GF Value™ is R$16.49, compared to a current price of R$2.60 — trading 84.2% below its estimated fair value. The current Interest Coverage is 0.53, which is near median its 10-year median of 0.58 and 87.5% below the Real Estate industry median of 4.25. HBR Realty Empreendimentos Imobiliarios' overall GF Score™ is 66/100 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 HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3), the current Interest Coverage is 0.53 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 HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) Overvalued in 2026?

Based on GuruFocus' analysis, HBR Realty Empreendimentos Imobiliarios stock appears to be undervalued. The current stock price of R$2.60 is trading 84.2% below its estimated GF Value™ of R$16.49. GuruFocus considers HBR Realty Empreendimentos Imobiliarios to be Possible Value Trap.

Key valuation signals for BSP:HBRE3:

  • Interest Coverage: 0.53 (near median its 10-year median of 0.58)
  • GF Value™: R$16.49 vs. price of R$2.60 (84.2% below fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 87.5% below the Real Estate median (#1159 of 1299)

No single metric tells the full story. See the BSP:HBRE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HBR Realty Empreendimentos Imobiliarios Business Description

Address Avenida Vereador Narciso Yague Guimaraes, 1.145, 2nd Floor, Jardim Arenia, Helbor Concept- Edificio Corporate, Mogi das Cruzes, SP, BRA, CEP 08780-500
HBR Realty Empreendimentos Imobiliarios SA operates in the real estate development and management division. The company's business is focused on urban properties, distributed over four main platforms that house the developed and developing asset classes. These platforms are ComVem, HBR3A, HBR Malls, and HBR Opportunities. ComVem is a platform dedicated towards the development and administration of convenience centers; the HBR 3A platform is dedicated to the development and management of corporate buildings; the HBR Malls platform is dedicated to the acquisition, development, and management of shopping centers; and HBR Opportunities platform brings together assets of various classes, such as built to suits, development, and management of hotels, parking lots, and others.
66GF Score

Get the complete analysis for BSP:HBRE3

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

R$2.60
Price
R$16.49
GF Value