Putprop (JSE:PPR) Interest Coverage: 1.72 (As of Dec. 2025) — 40% Below Median


JSE:PPR Putprop Ltd JSE:PPR
69 GF Score
Price R6.98
GF Value R3.56
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Putprop Interest Coverage?

Putprop JSE:PPR 69 Interest Coverage is 1.72 as of Dec. 2025, which is 40% below its 10-year median of 2.89. GuruFocus rates JSE:PPR with a GF Score™ of 69/100 and a GF Value™ of R3.56 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,295 Real Estate companies, Putprop ranks worse than 80% 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. Putprop's Operating Income for the six months ended in Dec. 2025 was R32.1 Mil. Putprop's Interest Expense for the six months ended in Dec. 2025 was R-18.6 Mil. Putprop's interest coverage for the quarter that ended in Dec. 2025 was 1.72. The higher the ratio, the stronger the company's financial strength is.

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

JSE:PPR' s Interest Coverage Range Over the Past 10 Years
Min: 1.39   Med: 2.89   Max: 5.56
Current: 1.44


JSE:PPR's Interest Coverage is ranked worse than
80% of 1295 companies
in the Real Estate industry
Industry Median: 4.24 vs JSE:PPR: 1.44

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


Putprop  (JSE:PPR) 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 .


Putprop Interest Coverage Related Terms


Putprop Interest Coverage Historical Data

* Premium members only.

The historical data trend for Putprop'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.

Putprop Interest Coverage Chart

Putprop 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 3.18 1.91 1.42 1.44 1.39

Putprop 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 1.31 1.58 1.56 1.20 1.72

JSE:PPR vs CBRE, BEKE, CSGP: Interest Coverage Comparison

For the Real Estate Services subindustry, Putprop'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.


Putprop Interest Coverage vs Real Estate Industry

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

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


JSE:PPR
69GF Score
Putprop Ltd JSE:PPR
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Putprop 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.

Putprop'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, Putprop's Interest Expense was R-47.4 Mil. Its Operating Income was R66.0 Mil. And its Long-Term Debt & Capital Lease Obligation was R366.8 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2025 )/Interest Expense (A: Jun. 2025 )
=-1*65.978/-47.424
=1.39

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

Here, for the six months ended in Dec. 2025, Putprop's Interest Expense was R-18.6 Mil. Its Operating Income was R32.1 Mil. And its Long-Term Debt & Capital Lease Obligation was R360.6 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*32.073/-18.648
=1.72

* 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 1.72 mean?
Putprop (JSE:PPR) has a Interest Coverage of 1.72 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Putprop and its competitors. This is 40% below median its historical median of 2.89. Over the past decade, Putprop's Interest Coverage has ranged from 1.39 to 5.56. According to the industry distribution chart, Putprop ranks #1036 out of 1295 companies in the Real Estate industry, placing it in the top 80%.
Is Putprop's Interest Coverage too high?
Putprop's current Interest Coverage of 1.72 is 40% below median its 10-year median of 2.89. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 5.56. The Real Estate industry median Interest Coverage is 4.24. Putprop's value of 1.72 is 59.4% below this industry median. Based on the distribution chart, Putprop ranks #1036 out of 1295 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Putprop has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Putprop's Interest Coverage compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Putprop ranks #1036 out of 1295 companies for Interest Coverage. This places Putprop in the lower half of its industry. The industry median Interest Coverage is 4.24. Putprop's value of 1.72 is 59.4% below this benchmark. Historically, Putprop's own Interest Coverage has ranged from 1.39 to 5.56 over the past decade. While the company's 10-year median is 2.89 vs. the industry median of 4.24, Putprop 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 1,295 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. Putprop's current Interest Coverage of 1.72 is 59.4% 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 Putprop 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. Putprop's current Interest Coverage is 1.72, which is 40% below median its own 10-year median of 2.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Putprop stock overvalued right now?
Based on GuruFocus' analysis, Putprop (JSE:PPR) is currently considered Significantly Overvalued. The stock's GF Value™ is R3.56, compared to a current price of R6.98 — trading 96.1% above its estimated fair value. The current Interest Coverage is 1.72, which is 40% below median its 10-year median of 2.89 and 59.4% below the Real Estate industry median of 4.24. Putprop's overall GF Score™ is 69/100 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 Putprop (JSE:PPR), the current Interest Coverage is 1.72 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 Putprop (JSE:PPR) Overvalued in 2026?

Based on GuruFocus' analysis, Putprop stock appears to be overvalued. The current stock price of R6.98 is trading 96.1% above its estimated GF Value™ of R3.56. GuruFocus considers Putprop to be Significantly Overvalued.

Key valuation signals for JSE:PPR:

  • Interest Coverage: 1.72 (40% below median its 10-year median of 2.89)
  • GF Value™: R3.56 vs. price of R6.98 (96.1% above fair value)
  • GF Score™: 69/100 with 10 warning signs
  • Industry Position: 59.4% below the Real Estate median (#1036 of 1295)

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


Putprop Business Description

Address 22 Impala Road, Chislehurston, Sandton, Johannesburg, GT, ZAF, 2196
Putprop Ltd operates as a property investment company in South Africa. The core business of the group is property rental. It owns, manages, and invests in a portfolio of office, retail, and industrial properties. The group comprises the following main business segments - Industrial, Retail, Commercial, and Residential.
69GF Score

Get the complete analysis for JSE:PPR

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

R6.98
Price
R3.56
GF Value