IJM Bhd (XKLS:3336) Interest Coverage: 1.23 (As of Mar. 2026) — 68% Below Median


XKLS:3336 IJM Corp Bhd XKLS:3336
81 GF Score
Price RM2.28
GF Value RM2.82
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is IJM Bhd Interest Coverage?

IJM Bhd XKLS:3336 -1.72% 81 Interest Coverage is 1.23 as of Mar. 2026, which is 68% below its 10-year median of 3.83. GuruFocus rates XKLS:3336 with a GF Score™ of 81/100 and a GF Value™ of RM2.82 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 426 Conglomerates companies, IJM Bhd ranks worse than 71.13% 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. IJM Bhd's Operating Income for the three months ended in Mar. 2026 was RM93 Mil. IJM Bhd's Interest Expense for the three months ended in Mar. 2026 was RM-76 Mil. IJM Bhd's interest coverage for the quarter that ended in Mar. 2026 was 1.23. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. IJM Corp Bhd interest coverage is 2.66, which is low.

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

XKLS:3336' s Interest Coverage Range Over the Past 10 Years
Min: 2.66   Med: 3.83   Max: 7.54
Current: 2.66


XKLS:3336's Interest Coverage is ranked worse than
71.13% of 426 companies
in the Conglomerates industry
Industry Median: 5.31 vs XKLS:3336: 2.66

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


IJM Bhd  (XKLS:3336) 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 .


IJM Bhd Interest Coverage Related Terms


IJM Bhd Interest Coverage Historical Data

* Premium members only.

The historical data trend for IJM Bhd'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.

IJM Bhd Interest Coverage Chart

IJM Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 3.49 3.90 4.01 2.66

IJM Bhd 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 4.03 2.89 3.67 3.09 1.23

XKLS:3336 vs HON, MMM: Interest Coverage Comparison

For the Conglomerates subindustry, IJM Bhd'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.


IJM Bhd Interest Coverage vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, IJM Bhd's Interest Coverage distribution charts can be found below:

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


XKLS:3336
81GF Score
IJM Corp Bhd XKLS:3336
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IJM Bhd 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.

IJM Bhd's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, IJM Bhd's Interest Expense was RM-276 Mil. Its Operating Income was RM733 Mil. And its Long-Term Debt & Capital Lease Obligation was RM3,870 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*732.522/-275.558
=2.66

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

Here, for the three months ended in Mar. 2026, IJM Bhd's Interest Expense was RM-76 Mil. Its Operating Income was RM93 Mil. And its Long-Term Debt & Capital Lease Obligation was RM3,870 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*93.244/-75.61
=1.23

* 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 1.23 mean?
IJM Bhd (XKLS:3336) has a Interest Coverage of 1.23 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on IJM Bhd and its competitors. This is 68% below median its historical median of 3.83. Over the past decade, IJM Bhd's Interest Coverage has ranged from 2.66 to 7.54. According to the industry distribution chart, IJM Bhd ranks #303 out of 426 companies in the Conglomerates industry, placing it in the top 71.1%.
Is IJM Bhd's Interest Coverage too high?
IJM Bhd's current Interest Coverage of 1.23 is 68% below median its 10-year median of 3.83. Over the past 10 years, this metric has ranged from a low of 2.66 to a high of 7.54. The Conglomerates industry median Interest Coverage is 5.31. IJM Bhd's value of 1.23 is 76.8% below this industry median. Based on the distribution chart, IJM Bhd ranks #303 out of 426 companies in the Conglomerates industry, which is below the industry midpoint. Overall, IJM Bhd has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IJM Bhd's Interest Coverage compare to HON and MMM?
According to the Conglomerates industry distribution chart, IJM Bhd ranks #303 out of 426 companies for Interest Coverage. This places IJM Bhd in the lower half of its industry. The industry median Interest Coverage is 5.31. IJM Bhd's value of 1.23 is 76.8% below this benchmark. Historically, IJM Bhd's own Interest Coverage has ranged from 2.66 to 7.54 over the past decade. While the company's 10-year median is 3.83 vs. the industry median of 5.31, IJM Bhd 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 Conglomerates company?
The median Interest Coverage among Conglomerates companies is 5.31, based on 426 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. IJM Bhd's current Interest Coverage of 1.23 is 76.8% 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 IJM Bhd and its competitors. For the Conglomerates industry, the median Interest Coverage is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IJM Bhd's current Interest Coverage is 1.23, which is 68% below median its own 10-year median of 3.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IJM Bhd stock overvalued right now?
Based on GuruFocus' analysis, IJM Bhd (XKLS:3336) is currently considered Modestly Undervalued. The stock's GF Value™ is RM2.82, compared to a current price of RM2.28 — trading 19.1% below its estimated fair value. The current Interest Coverage is 1.23, which is 68% below median its 10-year median of 3.83 and 76.8% below the Conglomerates industry median of 5.31. IJM Bhd's overall GF Score™ is 81/100 with 7 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 IJM Bhd (XKLS:3336), the current Interest Coverage is 1.23 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 IJM Bhd (XKLS:3336) Overvalued in 2026?

Based on GuruFocus' analysis, IJM Bhd stock appears to be undervalued. The current stock price of RM2.28 is trading 19.1% below its estimated GF Value™ of RM2.82. GuruFocus considers IJM Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:3336:

  • Interest Coverage: 1.23 (68% below median its 10-year median of 3.83)
  • GF Value™: RM2.82 vs. price of RM2.28 (19.1% below fair value)
  • GF Score™: 81/100 with 7 warning signs
  • Industry Position: 76.8% below the Conglomerates median (#303 of 426)

No single metric tells the full story. See the XKLS:3336 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IJM Bhd Business Description

Address Jalan Yong Shook Lin, 2nd Floor, Wisma IJM, Petaling Jaya, SGR, MYS, 46050
IJM Corp Bhd is an investment holding company. It constructs hotels, residential complexes, highways and transportation systems, and other large industrial structures. In addition, the company provides construction materials for in-house support and external customers. It utilizes quarry operations, ready-mixed concrete, scaffolding, and other supplies to provide reliable solutions. IJM has six operating segments: Construction, Property development, Manufacturing and quarrying, Infrastructure - Tollway, Infrastructure - Port and Investment and others. The majority of the company's revenue is derived from Malaysia, and also has its presence in India, United Kingdom, and Other countries.
81GF Score

Get the complete analysis for XKLS:3336

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

RM2.28
Price
RM2.82
GF Value