Megaworld (PHS:MEG) Interest Coverage: 4.82 (As of Mar. 2026) — 54% Below Median


PHS:MEG Megaworld Corp PHS:MEG
92 GF Score
Price ₱2.05
GF Value ₱2.06
Valuation Fairly Valued
! 3 Warning Signs
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What is Megaworld Interest Coverage?

Megaworld PHS:MEG +0.49% 92 Interest Coverage is 4.82 as of Mar. 2026, which is 54% below its 10-year median of 10.38. GuruFocus rates PHS:MEG with a GF Score™ of 92/100 and a GF Value™ of ₱2.06 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,295 Real Estate companies, Megaworld ranks better than 69.81% 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. Megaworld's Operating Income for the three months ended in Mar. 2026 was ₱7,909 Mil. Megaworld's Interest Expense for the three months ended in Mar. 2026 was ₱-1,641 Mil. Megaworld's interest coverage for the quarter that ended in Mar. 2026 was 4.82. The higher the ratio, the stronger the company's financial strength is.

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

PHS:MEG' s Interest Coverage Range Over the Past 10 Years
Min: 8.49   Med: 10.38   Max: 17.41
Current: 10.19


PHS:MEG's Interest Coverage is ranked better than
69.81% of 1295 companies
in the Real Estate industry
Industry Median: 4.24 vs PHS:MEG: 10.19

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


Megaworld  (PHS:MEG) 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 .


Megaworld Interest Coverage Related Terms


Megaworld Interest Coverage Historical Data

* Premium members only.

The historical data trend for Megaworld'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.

Megaworld Interest Coverage Chart

Megaworld 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 8.84 9.55 9.39 9.85 10.91

Megaworld 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 5.39 6.75 4.22 0.00 4.82

Megaworld Interest Coverage Competitor Comparison

For the Real Estate - Development subindustry, Megaworld'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.


Megaworld Interest Coverage vs Real Estate Industry

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

* The bar in red indicates where Megaworld's Interest Coverage falls into.


PHS:MEG
92GF Score
Megaworld Corp PHS:MEG
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Megaworld 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.

Megaworld'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, Megaworld's Interest Expense was ₱-2,870 Mil. Its Operating Income was ₱31,301 Mil. And its Long-Term Debt & Capital Lease Obligation was ₱82,868 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*31301.242/-2869.752
=10.91

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

Here, for the three months ended in Mar. 2026, Megaworld's Interest Expense was ₱-1,641 Mil. Its Operating Income was ₱7,909 Mil. And its Long-Term Debt & Capital Lease Obligation was ₱77,713 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*7909.486/-1641.065
=4.82

* 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 4.82 mean?
Megaworld (PHS:MEG) has a Interest Coverage of 4.82 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Megaworld and its competitors. This is 54% below median its historical median of 10.38. Over the past decade, Megaworld's Interest Coverage has ranged from 8.49 to 17.41. According to the industry distribution chart, Megaworld ranks #391 out of 1295 companies in the Real Estate industry, placing it in the top 30.2%.
Is Megaworld's Interest Coverage too high?
Megaworld's current Interest Coverage of 4.82 is 54% below median its 10-year median of 10.38. Over the past 10 years, this metric has ranged from a low of 8.49 to a high of 17.41. The Real Estate industry median Interest Coverage is 4.24. Megaworld's value of 4.82 is 13.7% above this industry median. Based on the distribution chart, Megaworld ranks #391 out of 1295 companies in the Real Estate industry, which is above the industry midpoint. Overall, Megaworld has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Megaworld's Interest Coverage compare to competitors?
According to the Real Estate industry distribution chart, Megaworld ranks #391 out of 1295 companies for Interest Coverage. This puts Megaworld in the upper half of its industry. The industry median Interest Coverage is 4.24. Megaworld's value of 4.82 is 13.7% above this benchmark. Historically, Megaworld's own Interest Coverage has ranged from 8.49 to 17.41 over the past decade. While the company's 10-year median is 10.38 vs. the industry median of 4.24, Megaworld 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. Megaworld's current Interest Coverage of 4.82 is 13.7% 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 Megaworld 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. Megaworld's current Interest Coverage is 4.82, which is 54% below median its own 10-year median of 10.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Megaworld stock overvalued right now?
Based on GuruFocus' analysis, Megaworld (PHS:MEG) is currently considered Fairly Valued. The stock's GF Value™ is ₱2.06, compared to a current price of ₱2.05 — trading 0.5% below its estimated fair value. The current Interest Coverage is 4.82, which is 54% below median its 10-year median of 10.38 and 13.7% above the Real Estate industry median of 4.24. Megaworld's overall GF Score™ is 92/100 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 Megaworld (PHS:MEG), the current Interest Coverage is 4.82 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 Megaworld (PHS:MEG) Overvalued in 2026?

Based on GuruFocus' analysis, Megaworld stock appears to be undervalued. The current stock price of ₱2.05 is trading 0.5% below its estimated GF Value™ of ₱2.06. GuruFocus considers Megaworld to be Fairly Valued.

Key valuation signals for PHS:MEG:

  • Interest Coverage: 4.82 (54% below median its 10-year median of 10.38)
  • GF Value™: ₱2.06 vs. price of ₱2.05 (0.5% below fair value)
  • GF Score™: 92/100 with 3 warning signs
  • Industry Position: 13.7% above the Real Estate median (#391 of 1295)

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


Megaworld Business Description

Other Exchanges MGAWY:USAMGAWF:USA
Address 36th Street Cor. 11th Avenue, 30th Floor, Alliance Global Tower, Uptown Bonifacio, Metro Manila, Taguig, PHL, 1634
Megaworld Corp is one of the property developers in the Philippines and is engaged in the development of large-scale mixed-use planned communities, or community townships, that comprise residential, commercial and office developments and integrate leisure, entertainment and educational/training components. The Company's real estate portfolio includes residential condominium units, subdivision lots and townhouses as well as office projects and retail space. It has the following three primary business segments: (i)The Rental segment, (ii) management of hotel operations and The Real Estate segment. The Rental segment includes leasing of office and commercial spaces and the Hotel Operations segment relates to the management of hotel business operations.
92GF Score

Get the complete analysis for PHS:MEG

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

₱2.05
Price
₱2.06
GF Value