Real Fastigheter AB (NGM:REAL) Interest Coverage: 2.12 (As of Mar. 2026) — 41% Above Median


NGM:REAL Real Fastigheter AB NGM:REAL
64 GF Score
Price kr9.90
GF Value kr10.16
Valuation Fairly Valued
! 6 Warning Signs
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What is Real Fastigheter AB Interest Coverage?

Real Fastigheter AB NGM:REAL 64 Interest Coverage is 2.12 as of Mar. 2026, which is 41% above its 10-year median of 1.50. GuruFocus rates NGM:REAL with a GF Score™ of 64/100 and a GF Value™ of kr10.16 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,299 Real Estate companies, Real Fastigheter AB ranks worse than 78.06% 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. Real Fastigheter AB's Operating Income for the three months ended in Mar. 2026 was kr15.1 Mil. Real Fastigheter AB's Interest Expense for the three months ended in Mar. 2026 was kr-7.1 Mil. Real Fastigheter AB's interest coverage for the quarter that ended in Mar. 2026 was 2.12. The higher the ratio, the stronger the company's financial strength is.

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

NGM:REAL' s Interest Coverage Range Over the Past 10 Years
Min: 0.26   Med: 1.5   Max: 2.48
Current: 1.51


NGM:REAL's Interest Coverage is ranked worse than
78.06% of 1299 companies
in the Real Estate industry
Industry Median: 4.25 vs NGM:REAL: 1.51

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


Real Fastigheter AB  (NGM:REAL) 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 .


Real Fastigheter AB Interest Coverage Related Terms


Real Fastigheter AB Interest Coverage Historical Data

* Premium members only.

The historical data trend for Real Fastigheter AB'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.

Real Fastigheter AB Interest Coverage Chart

Real Fastigheter AB 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 2.02 2.48 1.73 1.55 1.44

Real Fastigheter AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.55 1.66 0.75 1.59 2.12

NGM:REAL vs CBRE, BEKE, JLL: Interest Coverage Comparison

For the Real Estate Services subindustry, Real Fastigheter AB'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.


Real Fastigheter AB Interest Coverage vs Real Estate Industry

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

* The bar in red indicates where Real Fastigheter AB's Interest Coverage falls into.


NGM:REAL
64GF Score
Real Fastigheter AB NGM:REAL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Real Fastigheter AB 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.

Real Fastigheter AB'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, Real Fastigheter AB's Interest Expense was kr-38.1 Mil. Its Operating Income was kr54.9 Mil. And its Long-Term Debt & Capital Lease Obligation was kr331.3 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*54.9/-38.1
=1.44

Real Fastigheter AB's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Real Fastigheter AB's Interest Expense was kr-7.1 Mil. Its Operating Income was kr15.1 Mil. And its Long-Term Debt & Capital Lease Obligation was kr222.5 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*15.074/-7.126
=2.12

* 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 2.12 mean?
Real Fastigheter AB (NGM:REAL) has a Interest Coverage of 2.12 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Real Fastigheter AB and its competitors. This is 41% above median its historical median of 1.50. Over the past decade, Real Fastigheter AB's Interest Coverage has ranged from 0.26 to 2.48. According to the industry distribution chart, Real Fastigheter AB ranks #1014 out of 1299 companies in the Real Estate industry, placing it in the top 78.1%.
Is Real Fastigheter AB's Interest Coverage too high?
Real Fastigheter AB's current Interest Coverage of 2.12 is 41% above median its 10-year median of 1.50. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 2.48. The Real Estate industry median Interest Coverage is 4.25. Real Fastigheter AB's value of 2.12 is 50.1% below this industry median. Based on the distribution chart, Real Fastigheter AB ranks #1014 out of 1299 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Real Fastigheter AB has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Real Fastigheter AB's Interest Coverage compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Real Fastigheter AB ranks #1014 out of 1299 companies for Interest Coverage. This places Real Fastigheter AB in the lower half of its industry. The industry median Interest Coverage is 4.25. Real Fastigheter AB's value of 2.12 is 50.1% below this benchmark. Historically, Real Fastigheter AB's own Interest Coverage has ranged from 0.26 to 2.48 over the past decade. While the company's 10-year median is 1.50 vs. the industry median of 4.25, Real Fastigheter AB 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 4.25, based on 1,299 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. Real Fastigheter AB's current Interest Coverage of 2.12 is 50.1% 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 Real Fastigheter AB and its competitors. For the Real Estate industry, the median Interest Coverage is 4.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Real Fastigheter AB's current Interest Coverage is 2.12, which is 41% above median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Real Fastigheter AB stock overvalued right now?
Based on GuruFocus' analysis, Real Fastigheter AB (NGM:REAL) is currently considered Fairly Valued. The stock's GF Value™ is kr10.16, compared to a current price of kr9.90 — trading 2.6% below its estimated fair value. The current Interest Coverage is 2.12, which is 41% above median its 10-year median of 1.50 and 50.1% below the Real Estate industry median of 4.25. Real Fastigheter AB's overall GF Score™ is 64/100 with 6 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 Real Fastigheter AB (NGM:REAL), the current Interest Coverage is 2.12 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 Real Fastigheter AB (NGM:REAL) Overvalued in 2026?

Based on GuruFocus' analysis, Real Fastigheter AB stock appears to be undervalued. The current stock price of kr9.90 is trading 2.6% below its estimated GF Value™ of kr10.16. GuruFocus considers Real Fastigheter AB to be Fairly Valued.

Key valuation signals for NGM:REAL:

  • Interest Coverage: 2.12 (41% above median its 10-year median of 1.50)
  • GF Value™: kr10.16 vs. price of kr9.90 (2.6% below fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 50.1% below the Real Estate median (#1014 of 1299)

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


Real Fastigheter AB Business Description

Address Forumvagen 14, Nacka, SWE, 131 53
Real Fastigheter AB acquires, owns, and manages real estate properties in Sweden. The company business is diversified into segments such as manufacturing, light industry, warehousing, and logistics. Its project portfolio includes Habo, Torsas, Landskrona, Anderstorp Tora, Gislaved, Karlskrona, Tranas and others.
64GF Score

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

kr9.90
Price
kr10.16
GF Value