Wereldhave Belgium (FRA:WPU) Interest Coverage: 3.65 (As of Dec. 2025) — 69% Below Median


FRA:WPU Wereldhave Belgium FRA:WPU
83 GF Score
Price €52.20
GF Value €51.37
! 8 Warning Signs
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What is Wereldhave Belgium Interest Coverage?

Wereldhave Belgium FRA:WPU +3.16% 83 Interest Coverage is 3.65 as of Dec. 2025, which is 69% below its 10-year median of 11.82. GuruFocus rates FRA:WPU with a GF Score™ of 83/100 and a GF Value™ of €51.37. The stock has 8 warning signs investors should review. Among 701 REITs companies, Wereldhave Belgium ranks better than 58.35% 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. Wereldhave Belgium's Operating Income for the six months ended in Dec. 2025 was €32.01 Mil. Wereldhave Belgium's Interest Expense for the six months ended in Dec. 2025 was €-8.76 Mil. Wereldhave Belgium's interest coverage for the quarter that ended in Dec. 2025 was 3.65. The higher the ratio, the stronger the company's financial strength is.

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

FRA:WPU' s Interest Coverage Range Over the Past 10 Years
Min: 3.19   Med: 11.82   Max: 18.42
Current: 3.69


FRA:WPU's Interest Coverage is ranked better than
58.35% of 701 companies
in the REITs industry
Industry Median: 3.12 vs FRA:WPU: 3.69

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


Wereldhave Belgium  (FRA:WPU) 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 .


Wereldhave Belgium Interest Coverage Related Terms


Wereldhave Belgium Interest Coverage Historical Data

* Premium members only.

The historical data trend for Wereldhave Belgium'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.

Wereldhave Belgium Interest Coverage Chart

Wereldhave Belgium 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 9.24 8.06 3.73 3.19 3.69

Wereldhave Belgium Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.93 3.15 3.23 3.72 3.65

FRA:WPU vs SPG, O, KIM: Interest Coverage Comparison

For the REIT - Retail subindustry, Wereldhave Belgium'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.


Wereldhave Belgium Interest Coverage vs REITs Industry

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

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


FRA:WPU
83GF Score
Wereldhave Belgium FRA:WPU
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wereldhave Belgium 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.

Wereldhave Belgium'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, Wereldhave Belgium's Interest Expense was €-16.89 Mil. Its Operating Income was €62.27 Mil. And its Long-Term Debt & Capital Lease Obligation was €329.51 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*62.271/-16.889
=3.69

Wereldhave Belgium's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Wereldhave Belgium's Interest Expense was €-8.76 Mil. Its Operating Income was €32.01 Mil. And its Long-Term Debt & Capital Lease Obligation was €329.51 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*32.014/-8.763
=3.65

* 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 3.65 mean?
Wereldhave Belgium (FRA:WPU) has a Interest Coverage of 3.65 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Wereldhave Belgium and its competitors. This is 69% below median its historical median of 11.82. Over the past decade, Wereldhave Belgium's Interest Coverage has ranged from 3.19 to 18.42. According to the industry distribution chart, Wereldhave Belgium ranks #292 out of 701 companies in the REITs industry, placing it in the top 41.7%.
Is Wereldhave Belgium's Interest Coverage too high?
Wereldhave Belgium's current Interest Coverage of 3.65 is 69% below median its 10-year median of 11.82. Over the past 10 years, this metric has ranged from a low of 3.19 to a high of 18.42. The REITs industry median Interest Coverage is 3.12. Wereldhave Belgium's value of 3.65 is 17% above this industry median. Based on the distribution chart, Wereldhave Belgium ranks #292 out of 701 companies in the REITs industry, which is above the industry midpoint. Overall, Wereldhave Belgium has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Wereldhave Belgium's Interest Coverage compare to SPG and O?
According to the REITs industry distribution chart, Wereldhave Belgium ranks #292 out of 701 companies for Interest Coverage. This puts Wereldhave Belgium in the upper half of its industry. The industry median Interest Coverage is 3.12. Wereldhave Belgium's value of 3.65 is 17% above this benchmark. Historically, Wereldhave Belgium's own Interest Coverage has ranged from 3.19 to 18.42 over the past decade. While the company's 10-year median is 11.82 vs. the industry median of 3.12, Wereldhave Belgium 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 3.12, based on 701 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. Wereldhave Belgium's current Interest Coverage of 3.65 is 17% 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 Wereldhave Belgium and its competitors. For the REITs industry, the median Interest Coverage is 3.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wereldhave Belgium's current Interest Coverage is 3.65, which is 69% below median its own 10-year median of 11.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wereldhave Belgium stock overvalued right now?
Wereldhave Belgium (FRA:WPU) has a current Interest Coverage of 3.65. The stock's GF Value™ is €51.37, compared to a current price of €52.20 — trading 1.6% above its estimated fair value. The current Interest Coverage is 3.65, which is 69% below median its 10-year median of 11.82 and 17% above the REITs industry median of 3.12. Wereldhave Belgium's overall GF Score™ is 83/100 with 8 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 Wereldhave Belgium (FRA:WPU), the current Interest Coverage is 3.65 as of Dec. 2025. 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 Wereldhave Belgium (FRA:WPU) Overvalued in 2026?

Based on GuruFocus' analysis, Wereldhave Belgium stock appears to be overvalued. The current stock price of €52.20 is trading 1.6% above its estimated GF Value™ of €51.37.

Key valuation signals for FRA:WPU:

  • Interest Coverage: 3.65 (69% below median its 10-year median of 11.82)
  • GF Value™: €51.37 vs. price of €52.20 (1.6% above fair value)
  • GF Score™: 83/100 with 8 warning signs
  • Industry Position: 17% above the REITs median (#292 of 701)

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


Wereldhave Belgium Business Description

Industry Real EstateREITs
Other Exchanges 0N2C:UKWEHB:Belgium
Address Medialaan 30 bus 6, Vilvoorde, BEL, 1800
Wereldhave Belgium is a publicly-regulated real estate company with a focus on commercial property and operating in Belgium. Wereldhave Belgium targets shopping centers as new investments. Its operational shopping center portfolio includes locations in Liege, Nivelles, Tournai, Ghent, Genk, Waterloo, and Kortrijk. The company also owns office properties in Brussels, Vilvoorde, and Antwerp. The company's focus is to create value through both active management and redevelopment, with tactics that include maintaining contact with lessees to acquire up-to-date market information. The company has two segments: offices and retail.
83GF Score

Get the complete analysis for FRA:WPU

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

€52.20
Price
€51.37
GF Value