ABgax (CHIX:SAGAAS) Interest Coverage: 3.39 (As of Mar. 2026) — 26% Below Median


CHIX:SAGAAS AB Sagax CHIX:SAGAAS
76 GF Score
Price kr170.00
GF Value kr308.31
! 4 Warning Signs
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What is ABgax Interest Coverage?

ABgax CHIX:SAGAAS 76 Interest Coverage is 3.39 as of Mar. 2026, which is 26% below its 10-year median of 4.56. GuruFocus rates CHIX:SAGAAS with a GF Score™ of 76/100 and a GF Value™ of kr308.31. The stock has 4 warning signs investors should review. Among 1,295 Real Estate companies, ABgax ranks worse than 53.13% 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. ABgax's Operating Income for the three months ended in Mar. 2026 was kr1,018 Mil. ABgax's Interest Expense for the three months ended in Mar. 2026 was kr-300 Mil. ABgax's interest coverage for the quarter that ended in Mar. 2026 was 3.39. The higher the ratio, the stronger the company's financial strength is.

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

CHIX:SAGAAs' s Interest Coverage Range Over the Past 10 Years
Min: 3.35   Med: 4.56   Max: 6.37
Current: 3.81


CHIX:SAGAAs's Interest Coverage is ranked worse than
53.13% of 1295 companies
in the Real Estate industry
Industry Median: 4.24 vs CHIX:SAGAAs: 3.81

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


ABgax  (CHIX:SAGAAs) 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 .


ABgax Interest Coverage Related Terms


ABgax Interest Coverage Historical Data

* Premium members only.

The historical data trend for ABgax'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.

ABgax Interest Coverage Chart

ABgax 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 5.86 6.37 4.65 4.46 4.19

ABgax 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 4.09 4.10 4.04 3.76 3.39

CHIX:SAGAAS vs CBRE, BEKE: Interest Coverage Comparison

For the Real Estate Services subindustry, ABgax'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.


ABgax Interest Coverage vs Real Estate Industry

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

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


CHIX:SAGAAS
76GF Score
AB Sagax CHIX:SAGAAS
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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ABgax 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.

ABgax'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, ABgax's Interest Expense was kr-1,015 Mil. Its Operating Income was kr4,254 Mil. And its Long-Term Debt & Capital Lease Obligation was kr32,030 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*4254/-1015
=4.19

ABgax's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, ABgax's Interest Expense was kr-300 Mil. Its Operating Income was kr1,018 Mil. And its Long-Term Debt & Capital Lease Obligation was kr32,613 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1018/-300
=3.39

* 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 3.39 mean?
ABgax (CHIX:SAGAAS) has a Interest Coverage of 3.39 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on ABgax and its competitors. This is 26% below median its historical median of 4.56. Over the past decade, ABgax's Interest Coverage has ranged from 3.35 to 6.37. According to the industry distribution chart, ABgax ranks #688 out of 1295 companies in the Real Estate industry, placing it in the top 53.1%.
Is ABgax's Interest Coverage too high?
ABgax's current Interest Coverage of 3.39 is 26% below median its 10-year median of 4.56. Over the past 10 years, this metric has ranged from a low of 3.35 to a high of 6.37. The Real Estate industry median Interest Coverage is 4.24. ABgax's value of 3.39 is 20% below this industry median. Based on the distribution chart, ABgax ranks #688 out of 1295 companies in the Real Estate industry, which is below the industry midpoint. Overall, ABgax has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does ABgax's Interest Coverage compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, ABgax ranks #688 out of 1295 companies for Interest Coverage. This places ABgax in the lower half of its industry. The industry median Interest Coverage is 4.24. ABgax's value of 3.39 is 20% below this benchmark. Historically, ABgax's own Interest Coverage has ranged from 3.35 to 6.37 over the past decade. While the company's 10-year median is 4.56 vs. the industry median of 4.24, ABgax 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 4.24, based on 1,295 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. ABgax's current Interest Coverage of 3.39 is 20% 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 ABgax and its competitors. For the Real Estate industry, the median Interest Coverage is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ABgax's current Interest Coverage is 3.39, which is 26% below median its own 10-year median of 4.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ABgax stock overvalued right now?
ABgax (CHIX:SAGAAS) has a current Interest Coverage of 3.39. The stock's GF Value™ is kr308.31, compared to a current price of kr170.00 — trading 44.9% below its estimated fair value. The current Interest Coverage is 3.39, which is 26% below median its 10-year median of 4.56 and 20% below the Real Estate industry median of 4.24. ABgax's overall GF Score™ is 76/100 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 ABgax (CHIX:SAGAAS), the current Interest Coverage is 3.39 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 ABgax (CHIX:SAGAAS) Overvalued in 2026?

Based on GuruFocus' analysis, ABgax stock appears to be undervalued. The current stock price of kr170.00 is trading 44.9% below its estimated GF Value™ of kr308.31.

Key valuation signals for CHIX:SAGAAS:

  • Interest Coverage: 3.39 (26% below median its 10-year median of 4.56)
  • GF Value™: kr308.31 vs. price of kr170.00 (44.9% below fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 20% below the Real Estate median (#688 of 1295)

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


ABgax Business Description

Address Engelbrektsplan 1, Stockholm, SWE, SE-114 34
AB Sagax is a property company that invests in commercial properties with a focus on the warehouse and light industry segment. The company owns properties in Sweden, Finland, Germany, and Denmark, with a total rental space of more than 3 million square metres. A proportion of the company's real estate portfolio is located in the Stockholm and Helsinki regions. The company's revenue consists of rental income for the provision of premises, of which the majority is derived from the government, municipalities, or companies with sales.
76GF Score

Get the complete analysis for CHIX:SAGAAS

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

kr170.00
Price
kr308.31
GF Value