Eik fasteignafelag hf (OISE:EIK) Interest Coverage: 1.82 (As of Mar. 2026) — 16% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OISE:EIK Eik fasteignafelag hf OISE:EIK
71 GF Score
Price kr14.15
GF Value kr15.24
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Eik fasteignafelag hf Interest Coverage?

Eik fasteignafelag hf OISE:EIK 71 Interest Coverage is 1.82 as of Mar. 2026, which is 16% below its 10-year median of 2.17. GuruFocus rates OISE:EIK with a GF Score™ of 71/100 and a GF Value™ of kr15.24 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,304 Real Estate companies, Eik fasteignafelag hf ranks worse than 80.83% 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. Eik fasteignafelag hf's Operating Income for the three months ended in Mar. 2026 was kr2,192 Mil. Eik fasteignafelag hf's Interest Expense for the three months ended in Mar. 2026 was kr-1,207 Mil. Eik fasteignafelag hf's interest coverage for the quarter that ended in Mar. 2026 was 1.82. 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. Eik fasteignafelag hf interest coverage is 1.36, which is low.

The historical rank and industry rank for Eik fasteignafelag hf's Interest Coverage or its related term are showing as below:

OISE:EIK' s Interest Coverage Range Over the Past 10 Years
Min: 1.36   Med: 2.17   Max: 2.57
Current: 1.36


OISE:EIK's Interest Coverage is ranked worse than
80.83% of 1304 companies
in the Real Estate industry
Industry Median: 4.195 vs OISE:EIK: 1.36

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


Eik fasteignafelag hf  (OISE:EIK) 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 .


Eik fasteignafelag hf Interest Coverage Related Terms


Eik fasteignafelag hf Interest Coverage Historical Data

* Premium members only.

The historical data trend for Eik fasteignafelag hf'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.

Eik fasteignafelag hf Interest Coverage Chart

Eik fasteignafelag hf 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 2.46 2.57 2.17 2.28 2.25

Eik fasteignafelag hf 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 2.12 0.85 1.20 2.27 1.82

OISE:EIK vs CBRE, BEKE, JLL: Interest Coverage Comparison

For the Real Estate Services subindustry, Eik fasteignafelag hf'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.


Eik fasteignafelag hf Interest Coverage vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Eik fasteignafelag hf's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Eik fasteignafelag hf's Interest Coverage falls into.


OISE:EIK
71GF Score
Eik fasteignafelag hf OISE:EIK
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eik fasteignafelag hf 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.

Eik fasteignafelag hf'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, Eik fasteignafelag hf's Interest Expense was kr-3,473 Mil. Its Operating Income was kr7,808 Mil. And its Long-Term Debt & Capital Lease Obligation was kr99,260 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*7808/-3473
=2.25

Eik fasteignafelag hf's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Eik fasteignafelag hf's Interest Expense was kr-1,207 Mil. Its Operating Income was kr2,192 Mil. And its Long-Term Debt & Capital Lease Obligation was kr91,125 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*2192/-1207
=1.82

* 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 1.82 mean?
Eik fasteignafelag hf (OISE:EIK) has a Interest Coverage of 1.82 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Eik fasteignafelag hf and its competitors. This is 16% below median its historical median of 2.17. Over the past decade, Eik fasteignafelag hf's Interest Coverage has ranged from 1.36 to 2.57. According to the industry distribution chart, Eik fasteignafelag hf ranks #1054 out of 1304 companies in the Real Estate industry, placing it in the top 80.8%.
Is Eik fasteignafelag hf's Interest Coverage too high?
Eik fasteignafelag hf's current Interest Coverage of 1.82 is 16% below median its 10-year median of 2.17. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 2.57. The Real Estate industry median Interest Coverage is 4.20. Eik fasteignafelag hf's value of 1.82 is 56.6% below this industry median. Based on the distribution chart, Eik fasteignafelag hf ranks #1054 out of 1304 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Eik fasteignafelag hf has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eik fasteignafelag hf's Interest Coverage compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Eik fasteignafelag hf ranks #1054 out of 1304 companies for Interest Coverage. This places Eik fasteignafelag hf in the lower half of its industry. The industry median Interest Coverage is 4.20. Eik fasteignafelag hf's value of 1.82 is 56.6% below this benchmark. Historically, Eik fasteignafelag hf's own Interest Coverage has ranged from 1.36 to 2.57 over the past decade. While the company's 10-year median is 2.17 vs. the industry median of 4.20, Eik fasteignafelag hf 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 4.20, based on 1,304 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. Eik fasteignafelag hf's current Interest Coverage of 1.82 is 56.6% 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 Eik fasteignafelag hf and its competitors. For the Real Estate industry, the median Interest Coverage is 4.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eik fasteignafelag hf's current Interest Coverage is 1.82, which is 16% below median its own 10-year median of 2.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eik fasteignafelag hf stock overvalued right now?
Based on GuruFocus' analysis, Eik fasteignafelag hf (OISE:EIK) is currently considered Fairly Valued. The stock's GF Value™ is kr15.24, compared to a current price of kr14.15 — trading 7.2% below its estimated fair value. The current Interest Coverage is 1.82, which is 16% below median its 10-year median of 2.17 and 56.6% below the Real Estate industry median of 4.20. Eik fasteignafelag hf's overall GF Score™ is 71/100 with 8 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 Eik fasteignafelag hf (OISE:EIK), the current Interest Coverage is 1.82 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 Eik fasteignafelag hf (OISE:EIK) Overvalued in 2026?

Based on GuruFocus' analysis, Eik fasteignafelag hf stock appears to be undervalued. The current stock price of kr14.15 is trading 7.2% below its estimated GF Value™ of kr15.24. GuruFocus considers Eik fasteignafelag hf to be Fairly Valued.

Key valuation signals for OISE:EIK:

  • Interest Coverage: 1.82 (16% below median its 10-year median of 2.17)
  • GF Value™: kr15.24 vs. price of kr14.15 (7.2% below fair value)
  • GF Score™: 71/100 with 8 warning signs
  • Industry Position: 56.6% below the Real Estate median (#1054 of 1304)

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


Eik fasteignafelag hf Business Description

Address The Tower, Smaratorgi 3, Kopavogur, ISL, 201
Eik fasteignafelag hf is a real estate company. The company owns and leases real estate properties. Its real estate portfolio consists of housing, retail and office space in the business areas. It also engaged in leasing of commercial real estate. It offers spaces for offices, warehouses and retail spaces in both urban and rural area.
71GF Score

Get the complete analysis for OISE:EIK

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

kr14.15
Price
kr15.24
GF Value