Industrial & Infrastructure Fund Investment (FRA:2ES) Interest Coverage: 10.10 (As of Jan. 2026) — Near Median


FRA:2ES Industrial & Infrastructure Fund Investment Corp FRA:2ES
76 GF Score
Price €770.00
GF Value €759.39
! 7 Warning Signs
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What is Industrial & Infrastructure Fund Investment Interest Coverage?

Industrial & Infrastructure Fund Investment FRA:2ES +1.32% 76 Interest Coverage is 10.10 as of Jan. 2026, which is 6% above its 10-year median of 9.49. GuruFocus rates FRA:2ES with a GF Score™ of 76/100 and a GF Value™ of €759.39. The stock has 7 warning signs investors should review. Among 700 REITs companies, Industrial & Infrastructure Fund Investment ranks better than 77.71% 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. Industrial & Infrastructure Fund Investment's Operating Income for the six months ended in Jan. 2026 was €67.8 Mil. Industrial & Infrastructure Fund Investment's Interest Expense for the six months ended in Jan. 2026 was €-6.7 Mil. Industrial & Infrastructure Fund Investment's interest coverage for the quarter that ended in Jan. 2026 was 10.10. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Industrial & Infrastructure Fund Investment's Interest Coverage or its related term are showing as below:

FRA:2ES' s Interest Coverage Range Over the Past 10 Years
Min: 6.07   Med: 9.49   Max: 10.83
Current: 9.77


FRA:2ES's Interest Coverage is ranked better than
77.71% of 700 companies
in the REITs industry
Industry Median: 3.095 vs FRA:2ES: 9.77

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


Industrial & Infrastructure Fund Investment  (FRA:2ES) 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 .


Industrial & Infrastructure Fund Investment Interest Coverage Related Terms


Industrial & Infrastructure Fund Investment Interest Coverage Historical Data

* Premium members only.

The historical data trend for Industrial & Infrastructure Fund Investment'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.

Industrial & Infrastructure Fund Investment Interest Coverage Chart

Industrial & Infrastructure Fund Investment Annual Data
Trend Dec16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.76 9.89 10.68 10.83 9.46

Industrial & Infrastructure Fund Investment Semi-Annual Data
Jun16 Dec16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 11.55 10.30 9.49 9.42 10.10

FRA:2ES vs PLD, PSA, EXR: Interest Coverage Comparison

For the REIT - Industrial subindustry, Industrial & Infrastructure Fund Investment'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.


Industrial & Infrastructure Fund Investment Interest Coverage vs REITs Industry

For the REITs industry and Real Estate sector, Industrial & Infrastructure Fund Investment's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Industrial & Infrastructure Fund Investment's Interest Coverage falls into.


FRA:2ES
76GF Score
Industrial & Infrastructure Fund Investment Corp FRA:2ES
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Industrial & Infrastructure Fund Investment 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.

Industrial & Infrastructure Fund Investment's Interest Coverage for the fiscal year that ended in Jul. 2025 is calculated as

Here, for the fiscal year that ended in Jul. 2025, Industrial & Infrastructure Fund Investment's Interest Expense was €-12.9 Mil. Its Operating Income was €121.6 Mil. And its Long-Term Debt & Capital Lease Obligation was €1,472.6 Mil.

Interest Coverage=-1* Operating Income (A: Jul. 2025 )/Interest Expense (A: Jul. 2025 )
=-1*121.598/-12.859
=9.46

Industrial & Infrastructure Fund Investment's Interest Coverage for the quarter that ended in Jan. 2026 is calculated as

Here, for the six months ended in Jan. 2026, Industrial & Infrastructure Fund Investment's Interest Expense was €-6.7 Mil. Its Operating Income was €67.8 Mil. And its Long-Term Debt & Capital Lease Obligation was €1,371.3 Mil.

Interest Coverage=-1* Operating Income (Q: Jan. 2026 )/Interest Expense (Q: Jan. 2026 )
=-1*67.844/-6.719
=10.10

* 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 10.10 mean?
Industrial & Infrastructure Fund Investment (FRA:2ES) has a Interest Coverage of 10.10 as of Jan. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Industrial & Infrastructure Fund Investment and its competitors. This is near median its historical median of 9.49. Over the past decade, Industrial & Infrastructure Fund Investment's Interest Coverage has ranged from 6.07 to 10.83. According to the industry distribution chart, Industrial & Infrastructure Fund Investment ranks #156 out of 700 companies in the REITs industry, placing it in the top 22.3%.
Is Industrial & Infrastructure Fund Investment's Interest Coverage too high?
Industrial & Infrastructure Fund Investment's current Interest Coverage of 10.10 is near median its 10-year median of 9.49. Over the past 10 years, this metric has ranged from a low of 6.07 to a high of 10.83. The REITs industry median Interest Coverage is 3.10. Industrial & Infrastructure Fund Investment's value of 10.10 is 226.3% above this industry median. Based on the distribution chart, Industrial & Infrastructure Fund Investment ranks #156 out of 700 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Industrial & Infrastructure Fund Investment has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Industrial & Infrastructure Fund Investment's Interest Coverage compare to PLD and PSA?
According to the REITs industry distribution chart, Industrial & Infrastructure Fund Investment ranks #156 out of 700 companies for Interest Coverage. This places Industrial & Infrastructure Fund Investment in the top 22% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 3.10. Industrial & Infrastructure Fund Investment's value of 10.10 is 226.3% above this benchmark. Historically, Industrial & Infrastructure Fund Investment's own Interest Coverage has ranged from 6.07 to 10.83 over the past decade. While the company's 10-year median is 9.49 vs. the industry median of 3.10, Industrial & Infrastructure Fund Investment 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 3.10, based on 700 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. Industrial & Infrastructure Fund Investment's current Interest Coverage of 10.10 is 226.3% 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 Industrial & Infrastructure Fund Investment and its competitors. For the REITs industry, the median Interest Coverage is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Industrial & Infrastructure Fund Investment's current Interest Coverage is 10.10, which is near median its own 10-year median of 9.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrial & Infrastructure Fund Investment stock overvalued right now?
Industrial & Infrastructure Fund Investment (FRA:2ES) has a current Interest Coverage of 10.10. The stock's GF Value™ is €759.39, compared to a current price of €770.00 — trading 1.4% above its estimated fair value. The current Interest Coverage is 10.10, which is near median its 10-year median of 9.49 and 226.3% above the REITs industry median of 3.10. Industrial & Infrastructure Fund Investment's overall GF Score™ is 76/100 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 Industrial & Infrastructure Fund Investment (FRA:2ES), the current Interest Coverage is 10.10 as of Jan. 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 Industrial & Infrastructure Fund Investment (FRA:2ES) Overvalued in 2026?

Based on GuruFocus' analysis, Industrial & Infrastructure Fund Investment stock appears to be overvalued. The current stock price of €770.00 is trading 1.4% above its estimated GF Value™ of €759.39.

Key valuation signals for FRA:2ES:

  • Interest Coverage: 10.10 (near median its 10-year median of 9.49)
  • GF Value™: €759.39 vs. price of €770.00 (1.4% above fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 226.3% above the REITs median (#156 of 700)

No single metric tells the full story. See the FRA:2ES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Industrial & Infrastructure Fund Investment Business Description

Industry Real EstateREITs
Other Exchanges 3249:Japan
Address Tokyo Building 7-3, Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-6420
Industrial & Infrastructure Fund Investment Corp operates as a J-REIT specializing in industrial properties. The company focuses on industrial properties including logistic facilities, manufacturing and R&D facilities, and infrastructures.
76GF Score

Get the complete analysis for FRA:2ES

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

€770.00
Price
€759.39
GF Value