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Modiv IndustrialMDV 49 Interest Coverage is 1.46 as of Jun. 2026, which is 192% above its 10-year median of 0.50. GuruFocus rates MDV with a GF Score™ of 49/100 and a GF Value™ of $13.09 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 682 REITs companies, Modiv Industrial ranks worse than 85.04% 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. Modiv Industrial's
Operating Income
for the
three
months ended in Jun. 2026 was $5.28 Mil. Modiv Industrial's Interest Expense for the
three
months ended in Jun. 2026 was $-3.63 Mil.
Modiv Industrial's interest coverage for the quarter that ended in Jun. 2026 was 1.46.
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. Modiv Industrial Inc interest coverage is 1.24, which is low.
The historical rank and industry rank for Modiv Industrial's Interest Coverage or its related term are showing as below:
MDV'
s Interest Coverage Range Over the Past 10 Years
Min: 0.36 Med: 0.5 Max: 1.59
Current: 1.24
MDV's Interest Coverage is ranked worse than 85.04% of 682
companies
in the REITs industry
Industry Median: 3.07
vs MDV: 1.24
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 .
Modiv Industrial Interest Coverage Related Terms
Modiv Industrial Interest Coverage Historical Data
* Premium members only.
The historical data trend for Modiv Industrial'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.
MDV vs ILPT, PLD, PSA: Interest Coverage Comparison
For the REIT - Industrial subindustry, Modiv Industrial'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.
Modiv Industrial Interest Coverage vs REITs Industry
For the REITs industry and Real Estate sector, Modiv Industrial's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Modiv Industrial'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.
Modiv Industrial (MDV) has a Interest Coverage of 1.46 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Modiv Industrial and its competitors. This is 192% above median its historical median of 0.50. Over the past decade, Modiv Industrial's Interest Coverage has ranged from 0.36 to 1.59. According to the industry distribution chart, Modiv Industrial ranks #580 out of 682 companies in the REITs industry, placing it in the top 85%.
Is Modiv Industrial's Interest Coverage too high?
Modiv Industrial's current Interest Coverage of 1.46 is 192% above median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.59. The REITs industry median Interest Coverage is 3.07. Modiv Industrial's value of 1.46 is 52.4% below this industry median. Based on the distribution chart, Modiv Industrial ranks #580 out of 682 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Modiv Industrial has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Modiv Industrial's Interest Coverage compare to ILPT and PLD?
According to the REITs industry distribution chart, Modiv Industrial ranks #580 out of 682 companies for Interest Coverage. This places Modiv Industrial in the lower half of its industry. The industry median Interest Coverage is 3.07. Modiv Industrial's value of 1.46 is 52.4% below this benchmark. Historically, Modiv Industrial's own Interest Coverage has ranged from 0.36 to 1.59 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 3.07, Modiv Industrial 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 3.07, based on 682 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. Modiv Industrial's current Interest Coverage of 1.46 is 52.4% 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 Modiv Industrial and its competitors. For the REITs industry, the median Interest Coverage is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modiv Industrial's current Interest Coverage is 1.46, which is 192% above median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modiv Industrial stock overvalued right now?
Based on GuruFocus' analysis, Modiv Industrial (MDV) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.09, compared to a current price of $18.05 — trading 37.9% above its estimated fair value. The current Interest Coverage is 1.46, which is 192% above median its 10-year median of 0.50 and 52.4% below the REITs industry median of 3.07. Modiv Industrial's overall GF Score™ is 49/100 with 12 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 Modiv Industrial (MDV), the current Interest Coverage is 1.46 as of Jun. 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 Modiv Industrial (MDV) Overvalued in 2026?
Based on GuruFocus' analysis, Modiv Industrial stock appears to be overvalued.
The current stock price of $18.05 is trading 37.9% above its estimated GF Value™ of $13.09.
GuruFocus considers Modiv Industrial to be Significantly Overvalued.
Key valuation signals for MDV:
Interest Coverage: 1.46 (192% above median its 10-year median of 0.50)
GF Value™: $13.09 vs. price of $18.05 (37.9% above fair value)
Industry Position: 52.4% below the REITs median (#580 of 682)
No single metric tells the full story. See the MDV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Modiv Industrial Inc is a pioneer in the direct-to-consumer commercial real estate product industry. It provides individual investors access to real estate and real estate-related investments designed to provide both income and long-term growth. The company has invested in single-tenant income-producing properties. Its current business consists of owning, managing, operating, leasing, acquiring, investing in, and disposing of commercial real estate assets utilized for industrial manufacturing, as well as a few non-core assets. All of the company's consolidated revenues are derived from the company's consolidated real estate properties.
49GF Score
Get the complete analysis for MDV
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