Vastned NV (LTS:0ET5) Interest Coverage: 3.28 (As of Dec. 2025) — 55% Below Median


LTS:0ET5 Vastned NV LTS:0ET5
62 GF Score
Price €29.59
GF Value €24.93
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Vastned NV Interest Coverage?

Vastned NV LTS:0ET5 -0.53% 62 Interest Coverage is 3.28 as of Dec. 2025, which is 55% below its 10-year median of 7.27. GuruFocus rates LTS:0ET5 with a GF Score™ of 62/100 and a GF Value™ of €24.93 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 699 REITs companies, Vastned NV ranks better than 52.93% 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. Vastned NV's Operating Income for the six months ended in Dec. 2025 was €27.59 Mil. Vastned NV's Interest Expense for the six months ended in Dec. 2025 was €-8.41 Mil. Vastned NV's interest coverage for the quarter that ended in Dec. 2025 was 3.28. 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. Vastned NV interest coverage is 3.31, which is low.

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

LTS:0ET5' s Interest Coverage Range Over the Past 10 Years
Min: 3.31   Med: 7.27   Max: 9.36
Current: 3.31


LTS:0ET5's Interest Coverage is ranked better than
52.93% of 699 companies
in the REITs industry
Industry Median: 3.11 vs LTS:0ET5: 3.31

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


Vastned NV  (LTS:0ET5) 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 .


Vastned NV Interest Coverage Related Terms


Vastned NV Interest Coverage Historical Data

* Premium members only.

The historical data trend for Vastned NV'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.

Vastned NV Interest Coverage Chart

Vastned NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.12 8.89 5.05 4.82 3.31

Vastned NV 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 3.41 5.56 4.18 3.35 3.28

LTS:0ET5 vs SPG, O, KIM: Interest Coverage Comparison

For the REIT - Retail subindustry, Vastned NV'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.


Vastned NV Interest Coverage vs REITs Industry

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

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


LTS:0ET5
62GF Score
Vastned NV LTS:0ET5
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vastned NV 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.

Vastned NV's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Vastned NV's Interest Expense was €-16.27 Mil. Its Operating Income was €53.92 Mil. And its Long-Term Debt & Capital Lease Obligation was €443.54 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*53.92/-16.267
=3.31

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

Here, for the six months ended in Dec. 2025, Vastned NV's Interest Expense was €-8.41 Mil. Its Operating Income was €27.59 Mil. And its Long-Term Debt & Capital Lease Obligation was €443.54 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*27.587/-8.413
=3.28

* 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 3.28 mean?
Vastned NV (LTS:0ET5) has a Interest Coverage of 3.28 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Vastned NV and its competitors. This is 55% below median its historical median of 7.27. Over the past decade, Vastned NV's Interest Coverage has ranged from 3.31 to 9.36. According to the industry distribution chart, Vastned NV ranks #329 out of 699 companies in the REITs industry, placing it in the top 47.1%.
Is Vastned NV's Interest Coverage too high?
Vastned NV's current Interest Coverage of 3.28 is 55% below median its 10-year median of 7.27. Over the past 10 years, this metric has ranged from a low of 3.31 to a high of 9.36. The REITs industry median Interest Coverage is 3.11. Vastned NV's value of 3.28 is 5.5% above this industry median. Based on the distribution chart, Vastned NV ranks #329 out of 699 companies in the REITs industry, which is above the industry midpoint. Overall, Vastned NV has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vastned NV's Interest Coverage compare to SPG and O?
According to the REITs industry distribution chart, Vastned NV ranks #329 out of 699 companies for Interest Coverage. This puts Vastned NV in the upper half of its industry. The industry median Interest Coverage is 3.11. Vastned NV's value of 3.28 is 5.5% above this benchmark. Historically, Vastned NV's own Interest Coverage has ranged from 3.31 to 9.36 over the past decade. While the company's 10-year median is 7.27 vs. the industry median of 3.11, Vastned NV has consistently been above 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. Vastned NV's current Interest Coverage of 3.28 is 5.5% above 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 Vastned NV 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. Vastned NV's current Interest Coverage is 3.28, which is 55% below median its own 10-year median of 7.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vastned NV stock overvalued right now?
Based on GuruFocus' analysis, Vastned NV (LTS:0ET5) is currently considered Modestly Overvalued. The stock's GF Value™ is €24.93, compared to a current price of €29.59 — trading 18.7% above its estimated fair value. The current Interest Coverage is 3.28, which is 55% below median its 10-year median of 7.27 and 5.5% above the REITs industry median of 3.11. Vastned NV's overall GF Score™ is 62/100 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 Vastned NV (LTS:0ET5), the current Interest Coverage is 3.28 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 Vastned NV (LTS:0ET5) Overvalued in 2026?

Based on GuruFocus' analysis, Vastned NV stock appears to be overvalued. The current stock price of €29.59 is trading 18.7% above its estimated GF Value™ of €24.93. GuruFocus considers Vastned NV to be Modestly Overvalued.

Key valuation signals for LTS:0ET5:

  • Interest Coverage: 3.28 (55% below median its 10-year median of 7.27)
  • GF Value™: €24.93 vs. price of €29.59 (18.7% above fair value)
  • GF Score™: 62/100 with 10 warning signs
  • Industry Position: 5.5% above the REITs median (#329 of 699)

No single metric tells the full story. See the LTS:0ET5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vastned NV Business Description

Industry Real EstateREITs
Other Exchanges VASTB:Belgium
Address Generaal Lemanstraat 61, Antwerp, BEL, 2018
Vastned NV, formerly Vastned Belgium is a Belgium-based property investment company. Principally, it invests in Belgian commercial real estate, prime retail properties located on the shopping streets in the cities of Antwerp, Brussels, Ghent and Bruges, inner-city shops, high-end retail parks and retail warehouses.
62GF Score

Get the complete analysis for LTS:0ET5

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

€29.59
Price
€24.93
GF Value