Hor Kew (SGX:BBP) Interest Coverage: 0.58 (As of Dec. 2025) — 84% Below Median


SGX:BBP Hor Kew Corp Ltd SGX:BBP
47 GF Score
Price S$1.10
GF Value S$0.32
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Hor Kew Interest Coverage?

Hor Kew SGX:BBP -0.90% 47 Interest Coverage is 0.58 as of Dec. 2025, which is 84% below its 10-year median of 3.53. GuruFocus rates SGX:BBP with a GF Score™ of 47/100 and a GF Value™ of S$0.32 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,353 Construction companies, Hor Kew ranks worse than 63.78% 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. Hor Kew's Operating Income for the six months ended in Dec. 2025 was S$0.75 Mil. Hor Kew's Interest Expense for the six months ended in Dec. 2025 was S$-1.30 Mil. Hor Kew's interest coverage for the quarter that ended in Dec. 2025 was 0.58. The higher the ratio, the stronger the company's financial strength is.

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

SGX:BBP' s Interest Coverage Range Over the Past 10 Years
Min: 0.42   Med: 3.53   Max: 9.78
Current: 4.46


SGX:BBP's Interest Coverage is ranked worse than
63.78% of 1353 companies
in the Construction industry
Industry Median: 7.81 vs SGX:BBP: 4.46

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


Hor Kew  (SGX:BBP) 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 .


Hor Kew Interest Coverage Related Terms


Hor Kew Interest Coverage Historical Data

* Premium members only.

The historical data trend for Hor Kew'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.

Hor Kew Interest Coverage Chart

Hor Kew 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 5.16 2.76 3.97 9.78 3.53

Hor Kew 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 4.10 4.67 15.67 10.48 0.58

SGX:BBP vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, Hor Kew'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.


Hor Kew Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Hor Kew's Interest Coverage distribution charts can be found below:

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


SGX:BBP
47GF Score
Hor Kew Corp Ltd SGX:BBP
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hor Kew 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.

Hor Kew'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, Hor Kew's Interest Expense was S$-2.20 Mil. Its Operating Income was S$7.76 Mil. And its Long-Term Debt & Capital Lease Obligation was S$75.76 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*7.762/-2.197
=3.53

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

Here, for the six months ended in Dec. 2025, Hor Kew's Interest Expense was S$-1.30 Mil. Its Operating Income was S$0.75 Mil. And its Long-Term Debt & Capital Lease Obligation was S$75.76 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*0.749/-1.301
=0.58

* 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 0.58 mean?
Hor Kew (SGX:BBP) has a Interest Coverage of 0.58 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hor Kew and its competitors. This is 84% below median its historical median of 3.53. Over the past decade, Hor Kew's Interest Coverage has ranged from 0.42 to 9.78. According to the industry distribution chart, Hor Kew ranks #863 out of 1353 companies in the Construction industry, placing it in the top 63.8%.
Is Hor Kew's Interest Coverage too high?
Hor Kew's current Interest Coverage of 0.58 is 84% below median its 10-year median of 3.53. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 9.78. The Construction industry median Interest Coverage is 7.81. Hor Kew's value of 0.58 is 92.6% below this industry median. Based on the distribution chart, Hor Kew ranks #863 out of 1353 companies in the Construction industry, which is below the industry midpoint. Overall, Hor Kew has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hor Kew's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Hor Kew ranks #863 out of 1353 companies for Interest Coverage. This places Hor Kew in the lower half of its industry. The industry median Interest Coverage is 7.81. Hor Kew's value of 0.58 is 92.6% below this benchmark. Historically, Hor Kew's own Interest Coverage has ranged from 0.42 to 9.78 over the past decade. While the company's 10-year median is 3.53 vs. the industry median of 7.81, Hor Kew 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 Construction company?
The median Interest Coverage among Construction companies is 7.81, based on 1,353 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. Hor Kew's current Interest Coverage of 0.58 is 92.6% 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 Hor Kew and its competitors. For the Construction industry, the median Interest Coverage is 7.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hor Kew's current Interest Coverage is 0.58, which is 84% below median its own 10-year median of 3.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hor Kew stock overvalued right now?
Based on GuruFocus' analysis, Hor Kew (SGX:BBP) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.32, compared to a current price of S$1.10 — trading 243.8% above its estimated fair value. The current Interest Coverage is 0.58, which is 84% below median its 10-year median of 3.53 and 92.6% below the Construction industry median of 7.81. Hor Kew's overall GF Score™ is 47/100 with 4 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 Hor Kew (SGX:BBP), the current Interest Coverage is 0.58 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 Hor Kew (SGX:BBP) Overvalued in 2026?

Based on GuruFocus' analysis, Hor Kew stock appears to be overvalued. The current stock price of S$1.10 is trading 243.8% above its estimated GF Value™ of S$0.32. GuruFocus considers Hor Kew to be Significantly Overvalued.

Key valuation signals for SGX:BBP:

  • Interest Coverage: 0.58 (84% below median its 10-year median of 3.53)
  • GF Value™: S$0.32 vs. price of S$1.10 (243.8% above fair value)
  • GF Score™: 47/100 with 4 warning signs
  • Industry Position: 92.6% below the Construction median (#863 of 1353)

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


Hor Kew Business Description

Address 66 Kallang Pudding Road, No. 07-01, Hor Kew Business Centre, Singapore, SGP, 349324
Hor Kew Corp Ltd is a building construction company that provides construction-related products and services. The company manufactures and supplies prestressed and reinforced concrete building components and prefinished architectural precast components. Its segments include Property investment and development segment that is engaged in the development, sales and leasing of residential, commercial and industrial properties; Prefabrication segment that derives maximum revenue, is engaged in design, manufacture and sales of prestressed and reinforced concrete building components as well as prefabricated architectural metal components and Others segment comprises mainly the Group level corporate services and treasury functions.
47GF Score

Get the complete analysis for SGX:BBP

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

S$1.10
Price
S$0.32
GF Value