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. Sinpas Gayrimenkul Yatirim Ortakligi AS's
Operating Income
for the
three
months ended in Mar. 2026 was ₺1,009 Mil. Sinpas Gayrimenkul Yatirim Ortakligi AS's Interest Expense for the
three
months ended in Mar. 2026 was ₺-726 Mil.
Sinpas Gayrimenkul Yatirim Ortakligi AS's interest coverage for the quarter that ended in Mar. 2026 was 1.39.
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. Sinpas Gayrimenkul Yatirim Ortakligi AS interest coverage is 1.26, which is low.
Sinpas Gayrimenkul Yatirim Ortakligi AS (IST:SNGYO) 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 .
Sinpas Gayrimenkul Yatirim Ortakligi AS Interest Coverage Related Terms
Sinpas Gayrimenkul Yatirim Ortakligi AS 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.
Sinpas Gayrimenkul Yatirim Ortakligi AS Interest Coverage Chart
Sinpas Gayrimenkul Yatirim Ortakligi AS Annual Data
IST:SNGYO vs AVB, EQR, ESS: Interest Coverage Comparison
For the REIT - Residential subindustry, Sinpas Gayrimenkul Yatirim Ortakligi AS'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.
Sinpas Gayrimenkul Yatirim Ortakligi AS Interest Coverage vs REITs Industry
Sinpas Gayrimenkul Yatirim Ortakligi AS 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.
Sinpas Gayrimenkul Yatirim Ortakligi AS (IST:SNGYO) has a Interest Coverage of 1.39 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sinpas Gayrimenkul Yatirim Ortakligi AS and its competitors. This is 40% below median its historical median of 2.33. Over the past decade, Sinpas Gayrimenkul Yatirim Ortakligi AS's Interest Coverage has ranged from 0.11 to 4.40. According to the industry distribution chart, Sinpas Gayrimenkul Yatirim Ortakligi AS ranks #590 out of 697 companies in the REITs industry, placing it in the top 84.6%.
Is Sinpas Gayrimenkul Yatirim Ortakligi AS's Interest Coverage too high?
Sinpas Gayrimenkul Yatirim Ortakligi AS's current Interest Coverage of 1.39 is 40% below median its 10-year median of 2.33. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 4.40. The REITs industry median Interest Coverage is 3.12. Sinpas Gayrimenkul Yatirim Ortakligi AS's value of 1.39 is 55.4% below this industry median. Based on the distribution chart, Sinpas Gayrimenkul Yatirim Ortakligi AS ranks #590 out of 697 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Sinpas Gayrimenkul Yatirim Ortakligi AS has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sinpas Gayrimenkul Yatirim Ortakligi AS's Interest Coverage compare to AVB and EQR?
According to the REITs industry distribution chart, Sinpas Gayrimenkul Yatirim Ortakligi AS ranks #590 out of 697 companies for Interest Coverage. This places Sinpas Gayrimenkul Yatirim Ortakligi AS in the lower half of its industry. The industry median Interest Coverage is 3.12. Sinpas Gayrimenkul Yatirim Ortakligi AS's value of 1.39 is 55.4% below this benchmark. Historically, Sinpas Gayrimenkul Yatirim Ortakligi AS's own Interest Coverage has ranged from 0.11 to 4.40 over the past decade. While the company's 10-year median is 2.33 vs. the industry median of 3.12, Sinpas Gayrimenkul Yatirim Ortakligi AS 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 REITs company?
The median Interest Coverage among REITs companies is 3.12, based on 697 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. Sinpas Gayrimenkul Yatirim Ortakligi AS's current Interest Coverage of 1.39 is 55.4% 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 Sinpas Gayrimenkul Yatirim Ortakligi AS 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. Sinpas Gayrimenkul Yatirim Ortakligi AS's current Interest Coverage is 1.39, which is 40% below median its own 10-year median of 2.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinpas Gayrimenkul Yatirim Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, Sinpas Gayrimenkul Yatirim Ortakligi AS (IST:SNGYO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺2.89, compared to a current price of ₺3.80 — trading 31.5% above its estimated fair value. The current Interest Coverage is 1.39, which is 40% below median its 10-year median of 2.33 and 55.4% below the REITs industry median of 3.12. Sinpas Gayrimenkul Yatirim Ortakligi AS's overall GF Score™ is 60/100 with 10 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 Sinpas Gayrimenkul Yatirim Ortakligi AS (IST:SNGYO), the current Interest Coverage is 1.39 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 Sinpas Gayrimenkul Yatirim Ortakligi AS (IST:SNGYO) Overvalued in 2026?
Based on GuruFocus' analysis, Sinpas Gayrimenkul Yatirim Ortakligi AS stock appears to be overvalued.
The current stock price of ₺3.80 is trading 31.5% above its estimated GF Value™ of ₺2.89.
GuruFocus considers Sinpas Gayrimenkul Yatirim Ortakligi AS to be Significantly Overvalued.
Key valuation signals for IST:SNGYO:
Interest Coverage: 1.39 (40% below median its 10-year median of 2.33)
GF Value™: ₺2.89 vs. price of ₺3.80 (31.5% above fair value)
Industry Position: 55.4% below the REITs median (#590 of 697)
No single metric tells the full story. See the IST:SNGYO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sinpas Gayrimenkul Yatirim Ortakligi AS Business Description
Sinpas Gayrimenkul Yatirim Ortakligi AS is a Turkey-based real estate investment trust company. It is engaged in the development of various real estate projects to builds houses and commercial building under themed projects. The company invests in Istanbul, Ankara, Bursa, and Marmaris. Its projects portfolio includes GOKORMAN, QUEEN BOMONTI, MEYROLIFE, BURSA MODERN, ANKARA POLATI and ISTANBUL-BEYKOZ.
60GF Score
Get the complete analysis for IST:SNGYO
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IST:SNGYO has been successfully added to your 
