Bonvests Holdings (SGX:B28) Interest Coverage: 3.21 (As of Dec. 2025) — 32% Above Median

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SGX:B28 Bonvests Holdings Ltd SGX:B28
72 GF Score
Price S$0.95
GF Value S$1.02
Valuation Fairly Valued
! 3 Warning Signs
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What is Bonvests Holdings Interest Coverage?

Bonvests Holdings SGX:B28 72 Interest Coverage is 3.21 as of Dec. 2025, which is 32% above its 10-year median of 2.43. GuruFocus rates SGX:B28 with a GF Score™ of 72/100 and a GF Value™ of S$1.02 (Fairly Valued). The stock has 3 warning signs investors should review. Among 607 Travel & Leisure companies, Bonvests Holdings ranks worse than 75.95% 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. Bonvests Holdings's Operating Income for the six months ended in Dec. 2025 was S$17.5 Mil. Bonvests Holdings's Interest Expense for the six months ended in Dec. 2025 was S$-5.4 Mil. Bonvests Holdings's interest coverage for the quarter that ended in Dec. 2025 was 3.21. The higher the ratio, the stronger the company's financial strength is.

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

SGX:B28' s Interest Coverage Range Over the Past 10 Years
Min: 1.16   Med: 2.43   Max: 6.44
Current: 1.98


SGX:B28's Interest Coverage is ranked worse than
75.95% of 607 companies
in the Travel & Leisure industry
Industry Median: 5.35 vs SGX:B28: 1.98

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


Bonvests Holdings  (SGX:B28) 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 .


Bonvests Holdings Interest Coverage Related Terms


Bonvests Holdings Interest Coverage Historical Data

* Premium members only.

The historical data trend for Bonvests Holdings'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.

Bonvests Holdings Interest Coverage Chart

Bonvests Holdings 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 0.00 2.56 1.22 1.16 2.01

Bonvests Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.25 0.86 1.43 1.06 3.21

SGX:B28 vs MAR, HLT, H: Interest Coverage Comparison

For the Lodging subindustry, Bonvests Holdings'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.


Bonvests Holdings Interest Coverage vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bonvests Holdings's Interest Coverage distribution charts can be found below:

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


SGX:B28
72GF Score
Bonvests Holdings Ltd SGX:B28
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bonvests Holdings 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.

Bonvests Holdings'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, Bonvests Holdings's Interest Expense was S$-12.8 Mil. Its Operating Income was S$25.7 Mil. And its Long-Term Debt & Capital Lease Obligation was S$144.2 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*25.745/-12.823
=2.01

Bonvests Holdings's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Bonvests Holdings's Interest Expense was S$-5.4 Mil. Its Operating Income was S$17.5 Mil. And its Long-Term Debt & Capital Lease Obligation was S$144.2 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*17.486/-5.441
=3.21

* 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 3.21 mean?
Bonvests Holdings (SGX:B28) has a Interest Coverage of 3.21 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Bonvests Holdings and its competitors. This is 32% above median its historical median of 2.43. Over the past decade, Bonvests Holdings' Interest Coverage has ranged from 1.16 to 6.44. According to the industry distribution chart, Bonvests Holdings ranks #461 out of 607 companies in the Travel & Leisure industry, placing it in the top 75.9%.
Is Bonvests Holdings' Interest Coverage too high?
Bonvests Holdings' current Interest Coverage of 3.21 is 32% above median its 10-year median of 2.43. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 6.44. The Travel & Leisure industry median Interest Coverage is 5.35. Bonvests Holdings' value of 3.21 is 40% below this industry median. Based on the distribution chart, Bonvests Holdings ranks #461 out of 607 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Bonvests Holdings has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bonvests Holdings' Interest Coverage compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Bonvests Holdings ranks #461 out of 607 companies for Interest Coverage. This places Bonvests Holdings in the lower half of its industry. The industry median Interest Coverage is 5.35. Bonvests Holdings' value of 3.21 is 40% below this benchmark. Historically, Bonvests Holdings' own Interest Coverage has ranged from 1.16 to 6.44 over the past decade. While the company's 10-year median is 2.43 vs. the industry median of 5.35, Bonvests Holdings 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 Travel & Leisure company?
The median Interest Coverage among Travel & Leisure companies is 5.35, based on 607 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. Bonvests Holdings's current Interest Coverage of 3.21 is 40% 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 Bonvests Holdings and its competitors. For the Travel & Leisure industry, the median Interest Coverage is 5.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bonvests Holdings's current Interest Coverage is 3.21, which is 32% above median its own 10-year median of 2.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bonvests Holdings stock overvalued right now?
Based on GuruFocus' analysis, Bonvests Holdings (SGX:B28) is currently considered Fairly Valued. The stock's GF Value™ is S$1.02, compared to a current price of S$0.95 — trading 6.9% below its estimated fair value. The current Interest Coverage is 3.21, which is 32% above median its 10-year median of 2.43 and 40% below the Travel & Leisure industry median of 5.35. Bonvests Holdings' overall GF Score™ is 72/100 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 Bonvests Holdings (SGX:B28), the current Interest Coverage is 3.21 as of Dec. 2025. 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 Bonvests Holdings (SGX:B28) Overvalued in 2026?

Based on GuruFocus' analysis, Bonvests Holdings stock appears to be undervalued. The current stock price of S$0.95 is trading 6.9% below its estimated GF Value™ of S$1.02. GuruFocus considers Bonvests Holdings to be Fairly Valued.

Key valuation signals for SGX:B28:

  • Interest Coverage: 3.21 (32% above median its 10-year median of 2.43)
  • GF Value™: S$1.02 vs. price of S$0.95 (6.9% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 40% below the Travel & Leisure median (#461 of 607)

No single metric tells the full story. See the SGX:B28 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bonvests Holdings Business Description

Address 541 Orchard Road, No. 16-00, Liat Towers, Singapore, SGP, 238881
Bonvests Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is involved in various business activities, which include owning and letting properties, development and operation of hotels and a golf course, collection and disposal of waste and contract cleaning, securities trading and investment holding, and provision of management services. The company's reportable operating segments are Rental, Hotel, Industrial, Investment, Development, and Others. A majority of its revenue is derived from the Hotel segment, which includes the development and operation of hotels and a golf course. Geographically, it generates maximum revenue from Singapore, followed by Africa, Maldives, Australia, and other regions.
72GF Score

Get the complete analysis for SGX:B28

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

S$0.95
Price
S$1.02
GF Value