BellePHS:BEL 78 Interest Coverage is 5.11 as of Mar. 2026, which is 12% above its 10-year median of 4.57. GuruFocus rates PHS:BEL with a GF Score™ of 78/100 and a GF Value™ of ₱1.36 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,295 Real Estate companies, Belle ranks worse than 51.58% 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. Belle's
Operating Income
for the
three
months ended in Mar. 2026 was ₱654 Mil. Belle's Interest Expense for the
three
months ended in Mar. 2026 was ₱-128 Mil.
Belle's interest coverage for the quarter that ended in Mar. 2026 was 5.11.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Belle's Interest Coverage or its related term are showing as below:
PHS:BEL'
s Interest Coverage Range Over the Past 10 Years
Min: 1.19 Med: 4.57 Max: 9.74
Current: 3.97
PHS:BEL's Interest Coverage is ranked worse than 51.58% of 1295
companies
in the Real Estate industry
Industry Median: 4.24
vs PHS:BEL: 3.97
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 .
Belle Interest Coverage Related Terms
Belle Interest Coverage Historical Data
* Premium members only.
The historical data trend for Belle'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 - Diversified subindustry, Belle'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.
Belle Interest Coverage vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Belle's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Belle'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.
Belle (PHS:BEL) has a Interest Coverage of 5.11 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Belle and its competitors. This is 12% above median its historical median of 4.57. Over the past decade, Belle's Interest Coverage has ranged from 1.19 to 9.74. According to the industry distribution chart, Belle ranks #668 out of 1295 companies in the Real Estate industry, placing it in the top 51.6%.
Is Belle's Interest Coverage too high?
Belle's current Interest Coverage of 5.11 is 12% above median its 10-year median of 4.57. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 9.74. The Real Estate industry median Interest Coverage is 4.24. Belle's value of 5.11 is 20.5% above this industry median. Based on the distribution chart, Belle ranks #668 out of 1295 companies in the Real Estate industry, which is below the industry midpoint. Overall, Belle has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Belle's Interest Coverage compare to competitors?
According to the Real Estate industry distribution chart, Belle ranks #668 out of 1295 companies for Interest Coverage. This places Belle in the lower half of its industry. The industry median Interest Coverage is 4.24. Belle's value of 5.11 is 20.5% above this benchmark. Historically, Belle's own Interest Coverage has ranged from 1.19 to 9.74 over the past decade. While the company's 10-year median is 4.57 vs. the industry median of 4.24, Belle 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 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. Belle's current Interest Coverage of 5.11 is 20.5% 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 Belle 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. Belle's current Interest Coverage is 5.11, which is 12% above median its own 10-year median of 4.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Belle stock overvalued right now?
Based on GuruFocus' analysis, Belle (PHS:BEL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱1.36, compared to a current price of ₱1.21 — trading 11% below its estimated fair value. The current Interest Coverage is 5.11, which is 12% above median its 10-year median of 4.57 and 20.5% above the Real Estate industry median of 4.24. Belle's overall GF Score™ is 78/100 with 3 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 Belle (PHS:BEL), the current Interest Coverage is 5.11 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 Belle (PHS:BEL) Overvalued in 2026?
Based on GuruFocus' analysis, Belle stock appears to be undervalued.
The current stock price of ₱1.21 is trading 11% below its estimated GF Value™ of ₱1.36.
GuruFocus considers Belle to be Modestly Undervalued.
Key valuation signals for PHS:BEL:
Interest Coverage: 5.11 (12% above median its 10-year median of 4.57)
GF Value™: ₱1.36 vs. price of ₱1.21 (11% below fair value)
Industry Position: 20.5% above the Real Estate median (#668 of 1295)
No single metric tells the full story. See the PHS:BEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Belle Corporation is a developer of resort destinations, gaming, and leisure properties in the Philippines, such as City of Dreams Manila and Tagaytay Highlands. Additionally, it owns real estate assets in the Tagaytay Highlands, Midlands, and Greenlands complexes, where it develops premium residential resort projects south of Metro Manila and holds majority proprietary shares in its exclusive club and golf facilities. The Group's operating business segments are: Real Estate Development and Property Management, which generates maximum revenue; Gaming and Gaming Related Activities; and Others.
78GF Score
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