Burstone GroupJSE:BTN +0.21%74 Interest Coverage is 1.96 as of Mar. 2026, which is 11% above its 10-year median of 1.77. GuruFocus rates JSE:BTN with a GF Score™ of 74/100 and a GF Value™ of R8.65 (Fairly Valued). The stock has 11 warning signs investors should review. Among 699 REITs companies, Burstone Group ranks worse than 72.1% 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. Burstone Group's
Operating Income
for the
six
months ended in Mar. 2026 was R554 Mil. Burstone Group's Interest Expense for the
six
months ended in Mar. 2026 was R-282 Mil.
Burstone Group's interest coverage for the quarter that ended in Mar. 2026 was 1.96.
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. Burstone Group Ltd interest coverage is 1.83, which is low.
The historical rank and industry rank for Burstone Group's Interest Coverage or its related term are showing as below:
JSE:BTN'
s Interest Coverage Range Over the Past 10 Years
Min: 0.96 Med: 1.77 Max: 2.83
Current: 1.83
JSE:BTN's Interest Coverage is ranked worse than 72.1% of 699
companies
in the REITs industry
Industry Median: 3.11
vs JSE:BTN: 1.83
Burstone Group (JSE:BTN) 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 .
Burstone Group Interest Coverage Related Terms
Burstone Group Interest Coverage Historical Data
* Premium members only.
The historical data trend for Burstone Group'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.
JSE:BTN vs VICI, WPC: Interest Coverage Comparison
For the REIT - Diversified subindustry, Burstone Group'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.
Burstone Group Interest Coverage vs REITs Industry
For the REITs industry and Real Estate sector, Burstone Group's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Burstone Group's Interest Coverage falls into.
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.
Burstone Group (JSE:BTN) has a Interest Coverage of 1.96 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Burstone Group and its competitors. This is 11% above median its historical median of 1.77. Over the past decade, Burstone Group's Interest Coverage has ranged from 0.96 to 2.83. According to the industry distribution chart, Burstone Group ranks #504 out of 699 companies in the REITs industry, placing it in the top 72.1%.
Is Burstone Group's Interest Coverage too high?
Burstone Group's current Interest Coverage of 1.96 is 11% above median its 10-year median of 1.77. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 2.83. The REITs industry median Interest Coverage is 3.11. Burstone Group's value of 1.96 is 37% below this industry median. Based on the distribution chart, Burstone Group ranks #504 out of 699 companies in the REITs industry, which is below the industry midpoint. Overall, Burstone Group has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Burstone Group's Interest Coverage compare to VICI and WPC?
According to the REITs industry distribution chart, Burstone Group ranks #504 out of 699 companies for Interest Coverage. This places Burstone Group in the lower half of its industry. The industry median Interest Coverage is 3.11. Burstone Group's value of 1.96 is 37% below this benchmark. Historically, Burstone Group's own Interest Coverage has ranged from 0.96 to 2.83 over the past decade. While the company's 10-year median is 1.77 vs. the industry median of 3.11, Burstone Group 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 3.11, based on 699 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. Burstone Group's current Interest Coverage of 1.96 is 37% 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 Burstone Group and its competitors. For the REITs industry, the median Interest Coverage is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Burstone Group's current Interest Coverage is 1.96, which is 11% above median its own 10-year median of 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Burstone Group stock overvalued right now?
Based on GuruFocus' analysis, Burstone Group (JSE:BTN) is currently considered Fairly Valued. The stock's GF Value™ is R8.65, compared to a current price of R9.53 — trading 10.2% above its estimated fair value. The current Interest Coverage is 1.96, which is 11% above median its 10-year median of 1.77 and 37% below the REITs industry median of 3.11. Burstone Group's overall GF Score™ is 74/100 with 11 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 Burstone Group (JSE:BTN), the current Interest Coverage is 1.96 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 Burstone Group (JSE:BTN) Overvalued in 2026?
Based on GuruFocus' analysis, Burstone Group stock appears to be overvalued.
The current stock price of R9.53 is trading 10.2% above its estimated GF Value™ of R8.65.
GuruFocus considers Burstone Group to be Fairly Valued.
Key valuation signals for JSE:BTN:
Interest Coverage: 1.96 (11% above median its 10-year median of 1.77)
GF Value™: R8.65 vs. price of R9.53 (10.2% above fair value)
Industry Position: 37% below the REITs median (#504 of 699)
No single metric tells the full story. See the JSE:BTN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Burstone Group Ltd is a real estate investment trust operating in South Africa and formed with the purpose of investing in direct real estate. The objective of the fund is to expand its asset base by investing in well-priced income-producing investment properties. The fund invests in the office, industrial, and retail property sectors and is managed and operated by Investec Property, which is a wholly-owned subsidiary of Investec. The fund is well diversified in terms of sectoral spread but mostly concentrates investments in the province of Gauteng from a geographical spread standpoint. The vast majority of the fund's revenue is derived from contracted rental fees.
74GF Score
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