SAorate Real EstateJSE:SAC -1.61%69 Interest Coverage is 1.89 as of Dec. 2025, which is 13% below its 10-year median of 2.16. GuruFocus rates JSE:SAC with a GF Score™ of 69/100 and a GF Value™ of R2.36 (Significantly Overvalued). The stock has 13 warning signs investors should review. Among 701 REITs companies, SAorate Real Estate ranks worse than 72.75% 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. SAorate Real Estate's
Operating Income
for the
six
months ended in Dec. 2025 was R677 Mil. SAorate Real Estate's Interest Expense for the
six
months ended in Dec. 2025 was R-358 Mil.
SAorate Real Estate's interest coverage for the quarter that ended in Dec. 2025 was 1.89.
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. SA Corporate Real Estate Ltd interest coverage is 1.79, which is low.
The historical rank and industry rank for SAorate Real Estate's Interest Coverage or its related term are showing as below:
JSE:SAC'
s Interest Coverage Range Over the Past 10 Years
Min: 1.79 Med: 2.16 Max: 4.2
Current: 1.79
JSE:SAC's Interest Coverage is ranked worse than 72.75% of 701
companies
in the REITs industry
Industry Median: 3.12
vs JSE:SAC: 1.79
SAorate Real Estate (JSE:SAC) 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 .
SAorate Real Estate Interest Coverage Related Terms
SAorate Real Estate Interest Coverage Historical Data
* Premium members only.
The historical data trend for SAorate Real Estate'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:SAC vs VICI, WPC: Interest Coverage Comparison
For the REIT - Diversified subindustry, SAorate Real Estate'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.
SAorate Real Estate Interest Coverage vs REITs Industry
For the REITs industry and Real Estate sector, SAorate Real Estate's Interest Coverage distribution charts can be found below:
* The bar in red indicates where SAorate Real Estate'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.
SAorate Real Estate (JSE:SAC) has a Interest Coverage of 1.89 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on SAorate Real Estate and its competitors. This is 13% below median its historical median of 2.16. Over the past decade, SAorate Real Estate's Interest Coverage has ranged from 1.79 to 4.20. According to the industry distribution chart, SAorate Real Estate ranks #510 out of 701 companies in the REITs industry, placing it in the top 72.8%.
Is SAorate Real Estate's Interest Coverage too high?
SAorate Real Estate's current Interest Coverage of 1.89 is 13% below median its 10-year median of 2.16. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 4.20. The REITs industry median Interest Coverage is 3.12. SAorate Real Estate's value of 1.89 is 39.4% below this industry median. Based on the distribution chart, SAorate Real Estate ranks #510 out of 701 companies in the REITs industry, which is below the industry midpoint. Overall, SAorate Real Estate has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SAorate Real Estate's Interest Coverage compare to VICI and WPC?
According to the REITs industry distribution chart, SAorate Real Estate ranks #510 out of 701 companies for Interest Coverage. This places SAorate Real Estate in the lower half of its industry. The industry median Interest Coverage is 3.12. SAorate Real Estate's value of 1.89 is 39.4% below this benchmark. Historically, SAorate Real Estate's own Interest Coverage has ranged from 1.79 to 4.20 over the past decade. While the company's 10-year median is 2.16 vs. the industry median of 3.12, SAorate Real Estate 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 701 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. SAorate Real Estate's current Interest Coverage of 1.89 is 39.4% 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 SAorate Real Estate 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. SAorate Real Estate's current Interest Coverage is 1.89, which is 13% below median its own 10-year median of 2.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SAorate Real Estate stock overvalued right now?
Based on GuruFocus' analysis, SAorate Real Estate (JSE:SAC) is currently considered Significantly Overvalued. The stock's GF Value™ is R2.36, compared to a current price of R3.67 — trading 55.5% above its estimated fair value. The current Interest Coverage is 1.89, which is 13% below median its 10-year median of 2.16 and 39.4% below the REITs industry median of 3.12. SAorate Real Estate's overall GF Score™ is 69/100 with 13 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 SAorate Real Estate (JSE:SAC), the current Interest Coverage is 1.89 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 SAorate Real Estate (JSE:SAC) Overvalued in 2026?
Based on GuruFocus' analysis, SAorate Real Estate stock appears to be overvalued.
The current stock price of R3.67 is trading 55.5% above its estimated GF Value™ of R2.36.
GuruFocus considers SAorate Real Estate to be Significantly Overvalued.
Key valuation signals for JSE:SAC:
Interest Coverage: 1.89 (13% below median its 10-year median of 2.16)
GF Value™: R2.36 vs. price of R3.67 (55.5% above fair value)
Industry Position: 39.4% below the REITs median (#510 of 701)
No single metric tells the full story. See the JSE:SAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SA Corporate Real Estate Ltd is a real estate investment trust. The company's portfolio includes mostly industrial and retail properties, with the remainder of inner-city residential and commercial assets. The properties are mainly located in the metropolitan centres of South Africa, with more than half located in Gauteng, approximately one-third in KwaZulu-Natal, and the others in Western Cape and other regions. The company's tenants consist of large national tenants, government tenants and franchisees. Its reportable segments are Retail, Industrial, Commercial, Residential, and Corporate. The company generates the maximum of its revenue from the Residential segment.
69GF Score
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