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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. Forward Fashion (International) Holdings Co's
Operating Income
for the
six
months ended in Dec. 2025 was HK$46.6 Mil. Forward Fashion (International) Holdings Co's Interest Expense for the
six
months ended in Dec. 2025 was HK$-6.1 Mil.
Forward Fashion (International) Holdings Co's interest coverage for the quarter that ended in Dec. 2025 was 7.58.
The higher the ratio, the stronger the company's financial strength is.
HKSE:02528'
s Interest Coverage Range Over the Past 10 Years
Min: 1.51 Med: 3.42 Max: 6.14
Current: 5.43
HKSE:02528's Interest Coverage is ranked worse than 58.52% of 839
companies
in the Retail - Cyclical industry
Industry Median: 7.45
vs HKSE:02528: 5.43
Forward Fashion (International) Holdings Co (HKSE:02528) 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 .
Forward Fashion (International) Holdings Co Interest Coverage Related Terms
Forward Fashion (International) Holdings Co Interest Coverage Historical Data
* 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.
Forward Fashion (International) Holdings Co Interest Coverage Chart
Forward Fashion (International) Holdings Co Annual Data
HKSE:02528 vs TJX, ROST, BURL: Interest Coverage Comparison
For the Apparel Retail subindustry, Forward Fashion (International) Holdings Co'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.
Forward Fashion (International) Holdings Co Interest Coverage vs Retail - Cyclical Industry
Forward Fashion (International) Holdings Co 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:
* 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.
Forward Fashion (International) Holdings Co (HKSE:02528) has a Interest Coverage of 7.58 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Forward Fashion (International) Holdings Co and its competitors. This is 122% above median its historical median of 3.42. Over the past decade, Forward Fashion (International) Holdings Co's Interest Coverage has ranged from 1.51 to 6.14. According to the industry distribution chart, Forward Fashion (International) Holdings Co ranks #491 out of 839 companies in the Retail - Cyclical industry, placing it in the top 58.5%.
Is Forward Fashion (International) Holdings Co's Interest Coverage too high?
Forward Fashion (International) Holdings Co's current Interest Coverage of 7.58 is 122% above median its 10-year median of 3.42. Over the past 10 years, this metric has ranged from a low of 1.51 to a high of 6.14. The Retail - Cyclical industry median Interest Coverage is 7.45. Forward Fashion (International) Holdings Co's value of 7.58 is 1.7% above this industry median. Based on the distribution chart, Forward Fashion (International) Holdings Co ranks #491 out of 839 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Forward Fashion (International) Holdings Co has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Forward Fashion (International) Holdings Co's Interest Coverage compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Forward Fashion (International) Holdings Co ranks #491 out of 839 companies for Interest Coverage. This places Forward Fashion (International) Holdings Co in the lower half of its industry. The industry median Interest Coverage is 7.45. Forward Fashion (International) Holdings Co's value of 7.58 is 1.7% above this benchmark. Historically, Forward Fashion (International) Holdings Co's own Interest Coverage has ranged from 1.51 to 6.14 over the past decade. While the company's 10-year median is 3.42 vs. the industry median of 7.45, Forward Fashion (International) Holdings Co 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 Retail - Cyclical company?
The median Interest Coverage among Retail - Cyclical companies is 7.45, based on 839 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. Forward Fashion (International) Holdings Co's current Interest Coverage of 7.58 is 1.7% 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 Forward Fashion (International) Holdings Co and its competitors. For the Retail - Cyclical industry, the median Interest Coverage is 7.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forward Fashion (International) Holdings Co's current Interest Coverage is 7.58, which is 122% above median its own 10-year median of 3.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forward Fashion (International) Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Forward Fashion (International) Holdings Co (HKSE:02528) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.24, compared to a current price of HK$0.92 — trading 281.3% above its estimated fair value. The current Interest Coverage is 7.58, which is 122% above median its 10-year median of 3.42 and 1.7% above the Retail - Cyclical industry median of 7.45. Forward Fashion (International) Holdings Co's overall GF Score™ is 43/100 with 6 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 Forward Fashion (International) Holdings Co (HKSE:02528), the current Interest Coverage is 7.58 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 Forward Fashion (International) Holdings Co (HKSE:02528) Overvalued in 2026?
Based on GuruFocus' analysis, Forward Fashion (International) Holdings Co stock appears to be overvalued.
The current stock price of HK$0.92 is trading 281.3% above its estimated GF Value™ of HK$0.24.
GuruFocus considers Forward Fashion (International) Holdings Co to be Significantly Overvalued.
Key valuation signals for HKSE:02528:
Interest Coverage: 7.58 (122% above median its 10-year median of 3.42)
GF Value™: HK$0.24 vs. price of HK$0.92 (281.3% above fair value)
Industry Position: 1.7% above the Retail - Cyclical median (#491 of 839)
No single metric tells the full story. See the HKSE:02528 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forward Fashion (International) Holdings Co Ltd is engaged in the retail and wholesale of fashion apparel of international brands through its multi-brand and multi-store business model in the Chinese Mainland, Macau, and Hong Kong. The group also provides store management services for fashion brands and catering services in Macau. Its portfolio includes brands such as BLACK BARRETT, Calvin Klein, EA7, Ed Hardy, Hogan, Moschino, Neil Barrett, Philipp Plein, Tommy Hilfiger, Under Armour, and others. It operates across three geographical segments: the Chinese Mainland, Macau, and Hong Kong and others, with Macau contributing the majority of the Group's revenue.
43GF Score
Get the complete analysis for HKSE:02528
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