Melcor DevelopmentsMODVF 79 Interest Coverage is 3.25 as of Mar. 2026, which is 26% below its 10-year median of 4.41. GuruFocus rates MODVF with a GF Score™ of 79/100 and a GF Value™ of $11.42 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,295 Real Estate companies, Melcor Developments ranks better than 62.16% 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. Melcor Developments's
Operating Income
for the
three
months ended in Mar. 2026 was $11.5 Mil. Melcor Developments's Interest Expense for the
three
months ended in Mar. 2026 was $-3.5 Mil.
Melcor Developments's interest coverage for the quarter that ended in Mar. 2026 was 3.25.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Melcor Developments's Interest Coverage or its related term are showing as below:
MODVF'
s Interest Coverage Range Over the Past 10 Years
Min: 3.19 Med: 4.41 Max: 6.88
Current: 6.85
MODVF's Interest Coverage is ranked better than 62.16% of 1295
companies
in the Real Estate industry
Industry Median: 4.24
vs MODVF: 6.85
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 .
Melcor Developments Interest Coverage Related Terms
Melcor Developments Interest Coverage Historical Data
* Premium members only.
The historical data trend for Melcor Developments'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.
For the Real Estate - Development subindustry, Melcor Developments'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.
Melcor Developments Interest Coverage vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Melcor Developments's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Melcor Developments'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.
Melcor Developments (MODVF) has a Interest Coverage of 3.25 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Melcor Developments and its competitors. This is 26% below median its historical median of 4.41. Over the past decade, Melcor Developments' Interest Coverage has ranged from 3.19 to 6.88. According to the industry distribution chart, Melcor Developments ranks #490 out of 1295 companies in the Real Estate industry, placing it in the top 37.8%.
Is Melcor Developments' Interest Coverage too high?
Melcor Developments' current Interest Coverage of 3.25 is 26% below median its 10-year median of 4.41. Over the past 10 years, this metric has ranged from a low of 3.19 to a high of 6.88. The Real Estate industry median Interest Coverage is 4.24. Melcor Developments' value of 3.25 is 23.3% below this industry median. Based on the distribution chart, Melcor Developments ranks #490 out of 1295 companies in the Real Estate industry, which is above the industry midpoint. Overall, Melcor Developments has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Melcor Developments' Interest Coverage compare to competitors?
According to the Real Estate industry distribution chart, Melcor Developments ranks #490 out of 1295 companies for Interest Coverage. This puts Melcor Developments in the upper half of its industry. The industry median Interest Coverage is 4.24. Melcor Developments' value of 3.25 is 23.3% below this benchmark. Historically, Melcor Developments' own Interest Coverage has ranged from 3.19 to 6.88 over the past decade. While the company's 10-year median is 4.41 vs. the industry median of 4.24, Melcor Developments 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. Melcor Developments's current Interest Coverage of 3.25 is 23.3% 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 Melcor Developments 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. Melcor Developments's current Interest Coverage is 3.25, which is 26% below median its own 10-year median of 4.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Melcor Developments stock overvalued right now?
Based on GuruFocus' analysis, Melcor Developments (MODVF) is currently considered Modestly Overvalued. The stock's GF Value™ is $11.42, compared to a current price of $13.05 — trading 14.3% above its estimated fair value. The current Interest Coverage is 3.25, which is 26% below median its 10-year median of 4.41 and 23.3% below the Real Estate industry median of 4.24. Melcor Developments' overall GF Score™ is 79/100 with 4 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 Melcor Developments (MODVF), the current Interest Coverage is 3.25 as of Mar. 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 Melcor Developments (MODVF) Overvalued in 2026?
Based on GuruFocus' analysis, Melcor Developments stock appears to be overvalued.
The current stock price of $13.05 is trading 14.3% above its estimated GF Value™ of $11.42.
GuruFocus considers Melcor Developments to be Modestly Overvalued.
Key valuation signals for MODVF:
Interest Coverage: 3.25 (26% below median its 10-year median of 4.41)
GF Value™: $11.42 vs. price of $13.05 (14.3% above fair value)
Industry Position: 23.3% below the Real Estate median (#490 of 1295)
No single metric tells the full story. See the MODVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Melcor Developments Ltd is a real estate development company. It develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. Its divisions includes Land: acquires raw land and plans residential communities and commercial developments, Properties: owns and operates a portfolio of commercial and residential properties and development of commercial properties, Golf: owning and operating championship golf courses associated with residential communities, Corporate: orchestrates strategic planning, financial governance, risk mitigation guiding the organization through dynamic market shifts towards sustained and adaptive success.
79GF Score
Get the complete analysis for MODVF
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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