Mirarth Holdings (FRA:TDI) Interest Coverage: 12.26 (As of Mar. 2026) — 57% Above Median


FRA:TDI Mirarth Holdings Inc FRA:TDI
71 GF Score
Price €2.12
GF Value €2.45
! 7 Warning Signs
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What is Mirarth Holdings Interest Coverage?

Mirarth Holdings FRA:TDI 71 Interest Coverage is 12.26 as of Mar. 2026, which is 57% above its 10-year median of 7.79. GuruFocus rates FRA:TDI with a GF Score™ of 71/100 and a GF Value™ of €2.45. The stock has 7 warning signs investors should review. Among 1,295 Real Estate companies, Mirarth Holdings ranks worse than 50.12% 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. Mirarth Holdings's Operating Income for the three months ended in Mar. 2026 was €79 Mil. Mirarth Holdings's Interest Expense for the three months ended in Mar. 2026 was €-6 Mil. Mirarth Holdings's interest coverage for the quarter that ended in Mar. 2026 was 12.26. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Mirarth Holdings Inc interest coverage is 4.21, which is low.

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

FRA:TDI' s Interest Coverage Range Over the Past 10 Years
Min: 3.38   Med: 7.79   Max: 11.81
Current: 4.21


FRA:TDI's Interest Coverage is ranked worse than
50.12% of 1295 companies
in the Real Estate industry
Industry Median: 4.24 vs FRA:TDI: 4.21

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


Mirarth Holdings  (FRA:TDI) 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 .


Mirarth Holdings Interest Coverage Related Terms


Mirarth Holdings Interest Coverage Historical Data

* Premium members only.

The historical data trend for Mirarth Holdings'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.

Mirarth Holdings Interest Coverage Chart

Mirarth Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.77 3.38 5.53 4.76 4.21

Mirarth Holdings 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 13.41 0.00 0.06 3.01 12.26

Mirarth Holdings Interest Coverage Competitor Comparison

For the Real Estate - Development subindustry, Mirarth Holdings'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.


Mirarth Holdings Interest Coverage vs Real Estate Industry

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

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


FRA:TDI
71GF Score
Mirarth Holdings Inc FRA:TDI
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mirarth Holdings 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.

Mirarth Holdings's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Mirarth Holdings's Interest Expense was €-23 Mil. Its Operating Income was €96 Mil. And its Long-Term Debt & Capital Lease Obligation was €978 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*96.212/-22.84
=4.21

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

Here, for the three months ended in Mar. 2026, Mirarth Holdings's Interest Expense was €-6 Mil. Its Operating Income was €79 Mil. And its Long-Term Debt & Capital Lease Obligation was €978 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*78.752/-6.421
=12.26

* 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 12.26 mean?
Mirarth Holdings (FRA:TDI) has a Interest Coverage of 12.26 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mirarth Holdings and its competitors. This is 57% above median its historical median of 7.79. Over the past decade, Mirarth Holdings' Interest Coverage has ranged from 3.38 to 11.81. According to the industry distribution chart, Mirarth Holdings ranks #649 out of 1295 companies in the Real Estate industry, placing it in the top 50.1%.
Is Mirarth Holdings' Interest Coverage too high?
Mirarth Holdings' current Interest Coverage of 12.26 is 57% above median its 10-year median of 7.79. Over the past 10 years, this metric has ranged from a low of 3.38 to a high of 11.81. The Real Estate industry median Interest Coverage is 4.24. Mirarth Holdings' value of 12.26 is 189.2% above this industry median. Based on the distribution chart, Mirarth Holdings ranks #649 out of 1295 companies in the Real Estate industry, which is below the industry midpoint. Overall, Mirarth Holdings has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Mirarth Holdings' Interest Coverage compare to competitors?
According to the Real Estate industry distribution chart, Mirarth Holdings ranks #649 out of 1295 companies for Interest Coverage. This places Mirarth Holdings in the lower half of its industry. The industry median Interest Coverage is 4.24. Mirarth Holdings' value of 12.26 is 189.2% above this benchmark. Historically, Mirarth Holdings' own Interest Coverage has ranged from 3.38 to 11.81 over the past decade. While the company's 10-year median is 7.79 vs. the industry median of 4.24, Mirarth Holdings 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 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. Mirarth Holdings's current Interest Coverage of 12.26 is 189.2% 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 Mirarth Holdings 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. Mirarth Holdings's current Interest Coverage is 12.26, which is 57% above median its own 10-year median of 7.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mirarth Holdings stock overvalued right now?
Mirarth Holdings (FRA:TDI) has a current Interest Coverage of 12.26. The stock's GF Value™ is €2.45, compared to a current price of €2.12 — trading 13.5% below its estimated fair value. The current Interest Coverage is 12.26, which is 57% above median its 10-year median of 7.79 and 189.2% above the Real Estate industry median of 4.24. Mirarth Holdings' overall GF Score™ is 71/100 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 Mirarth Holdings (FRA:TDI), the current Interest Coverage is 12.26 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 Mirarth Holdings (FRA:TDI) Overvalued in 2026?

Based on GuruFocus' analysis, Mirarth Holdings stock appears to be undervalued. The current stock price of €2.12 is trading 13.5% below its estimated GF Value™ of €2.45.

Key valuation signals for FRA:TDI:

  • Interest Coverage: 12.26 (57% above median its 10-year median of 7.79)
  • GF Value™: €2.45 vs. price of €2.12 (13.5% below fair value)
  • GF Score™: 71/100 with 7 warning signs
  • Industry Position: 189.2% above the Real Estate median (#649 of 1295)

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


Mirarth Holdings Business Description

Other Exchanges 8897:Japan
Address 1-8-2, Marunouchi, Tekko Building 16th Floor, Chiyoda-ku, Tokyo, JPN, 100-0005
Mirarth Holdings Inc operates in Real Estate Business, Energy Business, Asset Management Business, and Other Businesses.
71GF Score

Get the complete analysis for FRA:TDI

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

€2.12
Price
€2.45
GF Value