Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Mori Hills Reit Investment's
Operating Income
for the
six
months ended in Jan. 2026 was 円6,883 Mil. Mori Hills Reit Investment's Interest Expense for the
six
months ended in Jan. 2026 was 円-666 Mil.
Mori Hills Reit Investment's interest coverage for the quarter that ended in Jan. 2026 was 10.34.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Mori Hills Reit Investment's Interest Coverage or its related term are showing as below:
TSE:3234'
s Interest Coverage Range Over the Past 10 Years
Min: 10.85 Med: 13.64 Max: 17.31
Current: 10.85
TSE:3234's Interest Coverage is ranked better than 79.28% of 695
companies
in the REITs industry
Industry Median: 3.12
vs TSE:3234: 10.85
Mori Hills Reit Investment (TSE:3234) 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 .
Mori Hills Reit Investment Interest Coverage Related Terms
Mori Hills Reit Investment Interest Coverage Historical Data
* 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.
Mori Hills Reit Investment Interest Coverage Chart
TSE:3234 vs VICI, WPC: Interest Coverage Comparison
For the REIT - Diversified subindustry, Mori Hills Reit Investment'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.
Mori Hills Reit Investment Interest Coverage vs REITs Industry
For the REITs industry and Real Estate sector, Mori Hills Reit Investment's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Mori Hills Reit Investment's Interest Coverage falls into.
Mori Hills Reit Investment 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:
* 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.
Mori Hills Reit Investment (TSE:3234) has a Interest Coverage of 10.34 as of Jan. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mori Hills Reit Investment and its competitors. This is 24% below median its historical median of 13.64. Over the past decade, Mori Hills Reit Investment's Interest Coverage has ranged from 10.85 to 17.31. According to the industry distribution chart, Mori Hills Reit Investment ranks #144 out of 695 companies in the REITs industry, placing it in the top 20.7%.
Is Mori Hills Reit Investment's Interest Coverage too high?
Mori Hills Reit Investment's current Interest Coverage of 10.34 is 24% below median its 10-year median of 13.64. Over the past 10 years, this metric has ranged from a low of 10.85 to a high of 17.31. The REITs industry median Interest Coverage is 3.12. Mori Hills Reit Investment's value of 10.34 is 231.4% above this industry median. Based on the distribution chart, Mori Hills Reit Investment ranks #144 out of 695 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Mori Hills Reit Investment has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mori Hills Reit Investment's Interest Coverage compare to VICI and WPC?
According to the REITs industry distribution chart, Mori Hills Reit Investment ranks #144 out of 695 companies for Interest Coverage. This places Mori Hills Reit Investment in the top 21% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 3.12. Mori Hills Reit Investment's value of 10.34 is 231.4% above this benchmark. Historically, Mori Hills Reit Investment's own Interest Coverage has ranged from 10.85 to 17.31 over the past decade. While the company's 10-year median is 13.64 vs. the industry median of 3.12, Mori Hills Reit Investment 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 REITs company?
The median Interest Coverage among REITs companies is 3.12, based on 695 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. Mori Hills Reit Investment's current Interest Coverage of 10.34 is 231.4% 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 Mori Hills Reit Investment and its competitors. For the REITs industry, the median Interest Coverage is 3.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mori Hills Reit Investment's current Interest Coverage is 10.34, which is 24% below median its own 10-year median of 13.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mori Hills Reit Investment stock overvalued right now?
Based on GuruFocus' analysis, Mori Hills Reit Investment (TSE:3234) is currently considered Fairly Valued. The stock's GF Value™ is 円142,591.00, compared to a current price of 円131,800.00 — trading 7.6% below its estimated fair value. The current Interest Coverage is 10.34, which is 24% below median its 10-year median of 13.64 and 231.4% above the REITs industry median of 3.12. Mori Hills Reit Investment's overall GF Score™ is 64/100 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 Mori Hills Reit Investment (TSE:3234), the current Interest Coverage is 10.34 as of Jan. 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 Mori Hills Reit Investment (TSE:3234) Overvalued in 2026?
Based on GuruFocus' analysis, Mori Hills Reit Investment stock appears to be undervalued.
The current stock price of 円131,800.00 is trading 7.6% below its estimated GF Value™ of 円142,591.00.
GuruFocus considers Mori Hills Reit Investment to be Fairly Valued.
Key valuation signals for TSE:3234:
Interest Coverage: 10.34 (24% below median its 10-year median of 13.64)
GF Value™: 円142,591.00 vs. price of 円131,800.00 (7.6% below fair value)
Industry Position: 231.4% above the REITs median (#144 of 695)
No single metric tells the full story. See the TSE:3234 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mori Hills Reit Investment Corp is engaged in real estate investment, leasing, and management. The firm's primary objective is to secure steady growth in its portfolio and to maximize unitholders' value by making selective investments that mainly target areas and real estate properties. The company's real estate portfolio, as of the end of the twenty-first fiscal period, was comprised of ten properties. The company owns real estate office buildings and residential and retail properties available for lease in Tokyo.
64GF Score
Get the complete analysis for TSE:3234
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:3234 has been successfully added to your 
