Shang Properties (PHS:SHNG) Interest Coverage: 32.47 (As of Mar. 2026) — 118% Above Median


PHS:SHNG Shang Properties Inc PHS:SHNG
81 GF Score
Price ₱3.19
GF Value ₱4.37
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Shang Properties Interest Coverage?

Shang Properties PHS:SHNG +1.27% 81 Interest Coverage is 32.47 as of Mar. 2026, which is 118% above its 10-year median of 14.89. GuruFocus rates PHS:SHNG with a GF Score™ of 81/100 and a GF Value™ of ₱4.37 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,295 Real Estate companies, Shang Properties ranks better than 79.46% 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. Shang Properties's Operating Income for the three months ended in Mar. 2026 was ₱1,069 Mil. Shang Properties's Interest Expense for the three months ended in Mar. 2026 was ₱-33 Mil. Shang Properties's interest coverage for the quarter that ended in Mar. 2026 was 32.47. The higher the ratio, the stronger the company's financial strength is.

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

PHS:SHNG' s Interest Coverage Range Over the Past 10 Years
Min: 5.51   Med: 14.89   Max: 83.07
Current: 28.75


PHS:SHNG's Interest Coverage is ranked better than
79.46% of 1295 companies
in the Real Estate industry
Industry Median: 4.24 vs PHS:SHNG: 28.75

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


Shang Properties  (PHS:SHNG) 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 .


Shang Properties Interest Coverage Related Terms


Shang Properties Interest Coverage Historical Data

* Premium members only.

The historical data trend for Shang Properties'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.

Shang Properties Interest Coverage Chart

Shang Properties 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 5.51 27.69 83.07 62.94 32.64

Shang Properties 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 82.10 27.40 24.63 29.36 32.47

Shang Properties Interest Coverage Competitor Comparison

For the Real Estate - Diversified subindustry, Shang Properties'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.


Shang Properties Interest Coverage vs Real Estate Industry

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

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


PHS:SHNG
81GF Score
Shang Properties Inc PHS:SHNG
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shang Properties 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.

Shang Properties'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, Shang Properties's Interest Expense was ₱-121 Mil. Its Operating Income was ₱3,963 Mil. And its Long-Term Debt & Capital Lease Obligation was ₱14,573 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*3962.63/-121.413
=32.64

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

Here, for the three months ended in Mar. 2026, Shang Properties's Interest Expense was ₱-33 Mil. Its Operating Income was ₱1,069 Mil. And its Long-Term Debt & Capital Lease Obligation was ₱14,573 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1069.409/-32.938
=32.47

* 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 32.47 mean?
Shang Properties (PHS:SHNG) has a Interest Coverage of 32.47 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shang Properties and its competitors. This is 118% above median its historical median of 14.89. Over the past decade, Shang Properties' Interest Coverage has ranged from 5.51 to 83.07. According to the industry distribution chart, Shang Properties ranks #266 out of 1295 companies in the Real Estate industry, placing it in the top 20.5%.
Is Shang Properties' Interest Coverage too high?
Shang Properties' current Interest Coverage of 32.47 is 118% above median its 10-year median of 14.89. Over the past 10 years, this metric has ranged from a low of 5.51 to a high of 83.07. The Real Estate industry median Interest Coverage is 4.24. Shang Properties' value of 32.47 is 665.8% above this industry median. Based on the distribution chart, Shang Properties ranks #266 out of 1295 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Shang Properties has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shang Properties' Interest Coverage compare to competitors?
According to the Real Estate industry distribution chart, Shang Properties ranks #266 out of 1295 companies for Interest Coverage. This places Shang Properties in the top 21% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.24. Shang Properties' value of 32.47 is 665.8% above this benchmark. Historically, Shang Properties' own Interest Coverage has ranged from 5.51 to 83.07 over the past decade. While the company's 10-year median is 14.89 vs. the industry median of 4.24, Shang Properties 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. Shang Properties's current Interest Coverage of 32.47 is 665.8% 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 Shang Properties 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. Shang Properties's current Interest Coverage is 32.47, which is 118% above median its own 10-year median of 14.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shang Properties stock overvalued right now?
Based on GuruFocus' analysis, Shang Properties (PHS:SHNG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱4.37, compared to a current price of ₱3.19 — trading 27% below its estimated fair value. The current Interest Coverage is 32.47, which is 118% above median its 10-year median of 14.89 and 665.8% above the Real Estate industry median of 4.24. Shang Properties' overall GF Score™ is 81/100 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 Shang Properties (PHS:SHNG), the current Interest Coverage is 32.47 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 Shang Properties (PHS:SHNG) Overvalued in 2026?

Based on GuruFocus' analysis, Shang Properties stock appears to be undervalued. The current stock price of ₱3.19 is trading 27% below its estimated GF Value™ of ₱4.37. GuruFocus considers Shang Properties to be Modestly Undervalued.

Key valuation signals for PHS:SHNG:

  • Interest Coverage: 32.47 (118% above median its 10-year median of 14.89)
  • GF Value™: ₱4.37 vs. price of ₱3.19 (27% below fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 665.8% above the Real Estate median (#266 of 1295)

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


Shang Properties Business Description

Address EDSA Corner Shaw Boulevard, Level 5, Administration Offices, Shangri-La Plaza Mall, Metro Manila, Mandaluyong, PHL, 1550
Shang Properties Inc is to acquire, own, develop, subdivide, sell, mortgage, exchange, lease or hold for investment, real properties of all kinds. The company has three segments Property development, Hotel operations, Leasing. The company generates majority of revenue from Property development segment.
81GF Score

Get the complete analysis for PHS:SHNG

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

₱3.19
Price
₱4.37
GF Value