Fortress Real Estate Investments (JSE:FFB) Interest Coverage: 2.20 (As of Dec. 2025) — 16% Above Median

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JSE:FFB Fortress Real Estate Investments Ltd JSE:FFB
80 GF Score
Price R25.06
GF Value R21.76
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Fortress Real Estate Investments Interest Coverage?

Fortress Real Estate Investments JSE:FFB -0.48% 80 Interest Coverage is 2.20 as of Dec. 2025, which is 16% above its 10-year median of 1.89. GuruFocus rates JSE:FFB with a GF Score™ of 80/100 and a GF Value™ of R21.76 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 1,305 Real Estate companies, Fortress Real Estate Investments ranks worse than 69.73% 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. Fortress Real Estate Investments's Operating Income for the six months ended in Dec. 2025 was R1,906 Mil. Fortress Real Estate Investments's Interest Expense for the six months ended in Dec. 2025 was R-868 Mil. Fortress Real Estate Investments's interest coverage for the quarter that ended in Dec. 2025 was 2.20. 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. Fortress Real Estate Investments Ltd interest coverage is 1.98, which is low.

The historical rank and industry rank for Fortress Real Estate Investments's Interest Coverage or its related term are showing as below:

JSE:FFB' s Interest Coverage Range Over the Past 10 Years
Min: 1.23   Med: 1.89   Max: 2.27
Current: 1.98


JSE:FFB's Interest Coverage is ranked worse than
69.73% of 1305 companies
in the Real Estate industry
Industry Median: 4.24 vs JSE:FFB: 1.98

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


Fortress Real Estate Investments  (JSE:FFB) 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 .


Fortress Real Estate Investments Interest Coverage Related Terms


Fortress Real Estate Investments Interest Coverage Historical Data

* Premium members only.

The historical data trend for Fortress Real Estate Investments'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.

Fortress Real Estate Investments Interest Coverage Chart

Fortress Real Estate Investments Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.97 1.86 1.60 1.23 1.99

Fortress Real Estate Investments 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 1.14 1.31 2.20 1.77 2.20

JSE:FFB vs CBRE, BEKE, JLL: Interest Coverage Comparison

For the Real Estate Services subindustry, Fortress Real Estate Investments'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.


Fortress Real Estate Investments Interest Coverage vs Real Estate Industry

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

* The bar in red indicates where Fortress Real Estate Investments's Interest Coverage falls into.


JSE:FFB
80GF Score
Fortress Real Estate Investments Ltd JSE:FFB
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fortress Real Estate Investments 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.

Fortress Real Estate Investments's Interest Coverage for the fiscal year that ended in Jun. 2025 is calculated as

Here, for the fiscal year that ended in Jun. 2025, Fortress Real Estate Investments's Interest Expense was R-1,883 Mil. Its Operating Income was R3,742 Mil. And its Long-Term Debt & Capital Lease Obligation was R23,173 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2025 )/Interest Expense (A: Jun. 2025 )
=-1*3741.891/-1883.202
=1.99

Fortress Real Estate Investments's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Fortress Real Estate Investments's Interest Expense was R-868 Mil. Its Operating Income was R1,906 Mil. And its Long-Term Debt & Capital Lease Obligation was R19,246 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*1905.942/-867.618
=2.20

* 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 2.20 mean?
Fortress Real Estate Investments (JSE:FFB) has a Interest Coverage of 2.20 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Fortress Real Estate Investments and its competitors. This is 16% above median its historical median of 1.89. Over the past decade, Fortress Real Estate Investments' Interest Coverage has ranged from 1.23 to 2.27. According to the industry distribution chart, Fortress Real Estate Investments ranks #910 out of 1305 companies in the Real Estate industry, placing it in the top 69.7%.
Is Fortress Real Estate Investments' Interest Coverage too high?
Fortress Real Estate Investments' current Interest Coverage of 2.20 is 16% above median its 10-year median of 1.89. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 2.27. The Real Estate industry median Interest Coverage is 4.24. Fortress Real Estate Investments' value of 2.20 is 48.1% below this industry median. Based on the distribution chart, Fortress Real Estate Investments ranks #910 out of 1305 companies in the Real Estate industry, which is below the industry midpoint. Overall, Fortress Real Estate Investments has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortress Real Estate Investments' Interest Coverage compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Fortress Real Estate Investments ranks #910 out of 1305 companies for Interest Coverage. This places Fortress Real Estate Investments in the lower half of its industry. The industry median Interest Coverage is 4.24. Fortress Real Estate Investments' value of 2.20 is 48.1% below this benchmark. Historically, Fortress Real Estate Investments' own Interest Coverage has ranged from 1.23 to 2.27 over the past decade. While the company's 10-year median is 1.89 vs. the industry median of 4.24, Fortress Real Estate Investments 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 Real Estate company?
The median Interest Coverage among Real Estate companies is 4.24, based on 1,305 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. Fortress Real Estate Investments's current Interest Coverage of 2.20 is 48.1% 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 Fortress Real Estate Investments 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. Fortress Real Estate Investments's current Interest Coverage is 2.20, which is 16% above median its own 10-year median of 1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortress Real Estate Investments stock overvalued right now?
Based on GuruFocus' analysis, Fortress Real Estate Investments (JSE:FFB) is currently considered Modestly Overvalued. The stock's GF Value™ is R21.76, compared to a current price of R25.06 — trading 15.2% above its estimated fair value. The current Interest Coverage is 2.20, which is 16% above median its 10-year median of 1.89 and 48.1% below the Real Estate industry median of 4.24. Fortress Real Estate Investments' overall GF Score™ is 80/100 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 Fortress Real Estate Investments (JSE:FFB), the current Interest Coverage is 2.20 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 Fortress Real Estate Investments (JSE:FFB) Overvalued in 2026?

Based on GuruFocus' analysis, Fortress Real Estate Investments stock appears to be overvalued. The current stock price of R25.06 is trading 15.2% above its estimated GF Value™ of R21.76. GuruFocus considers Fortress Real Estate Investments to be Modestly Overvalued.

Key valuation signals for JSE:FFB:

  • Interest Coverage: 2.20 (16% above median its 10-year median of 1.89)
  • GF Value™: R21.76 vs. price of R25.06 (15.2% above fair value)
  • GF Score™: 80/100 with 10 warning signs
  • Industry Position: 48.1% below the Real Estate median (#910 of 1305)

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


Fortress Real Estate Investments Business Description

Address Block C, Cullinan Place, Cullinan Close, Morningside, Johannesburg, GT, ZAF, 2196
Fortress Real Estate Investments Ltd invests in both direct property assets and listed real estate securities including both local and foreign property companies. It owns a portfolio of retail, office, industrial, logistics-CEE, logistics-SA, corporate and other. The company generates maximum revenue from the Logistics-SA segment.
80GF Score

Get the complete analysis for JSE:FFB

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

R25.06
Price
R21.76
GF Value