IGB Commercial REITXKLS:5299 +0.83%35 Interest Coverage is 4.58 as of Mar. 2026, which is 38% above its 10-year median of 3.31. GuruFocus rates XKLS:5299 with a GF Score™ of 35/100 and a GF Value™ of RM0.63 (Fairly Valued). The stock has 7 warning signs investors should review. Among 699 REITs companies, IGB Commercial REIT ranks better than 57.8% 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. IGB Commercial REIT's
Operating Income
for the
three
months ended in Mar. 2026 was RM39.1 Mil. IGB Commercial REIT's Interest Expense for the
three
months ended in Mar. 2026 was RM-8.6 Mil.
IGB Commercial REIT's interest coverage for the quarter that ended in Mar. 2026 was 4.58.
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. IGB Commercial REIT interest coverage is 3.6, which is low.
The historical rank and industry rank for IGB Commercial REIT's Interest Coverage or its related term are showing as below:
XKLS:5299'
s Interest Coverage Range Over the Past 10 Years
Min: 2.39 Med: 3.31 Max: 4.08
Current: 3.6
XKLS:5299's Interest Coverage is ranked better than 57.8% of 699
companies
in the REITs industry
Industry Median: 3.11
vs XKLS:5299: 3.60
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 .
IGB Commercial REIT Interest Coverage Related Terms
IGB Commercial REIT Interest Coverage Historical Data
* Premium members only.
The historical data trend for IGB Commercial REIT'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.
XKLS:5299 vs BXP, ARE, VNO: Interest Coverage Comparison
For the REIT - Office subindustry, IGB Commercial REIT'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.
IGB Commercial REIT Interest Coverage vs REITs Industry
For the REITs industry and Real Estate sector, IGB Commercial REIT's Interest Coverage distribution charts can be found below:
* The bar in red indicates where IGB Commercial REIT's Interest Coverage falls into.
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.
IGB Commercial REIT (XKLS:5299) has a Interest Coverage of 4.58 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on IGB Commercial REIT and its competitors. This is 38% above median its historical median of 3.31. Over the past decade, IGB Commercial REIT's Interest Coverage has ranged from 2.39 to 4.08. According to the industry distribution chart, IGB Commercial REIT ranks #295 out of 699 companies in the REITs industry, placing it in the top 42.2%.
Is IGB Commercial REIT's Interest Coverage too high?
IGB Commercial REIT's current Interest Coverage of 4.58 is 38% above median its 10-year median of 3.31. Over the past 10 years, this metric has ranged from a low of 2.39 to a high of 4.08. The REITs industry median Interest Coverage is 3.11. IGB Commercial REIT's value of 4.58 is 47.3% above this industry median. Based on the distribution chart, IGB Commercial REIT ranks #295 out of 699 companies in the REITs industry, which is above the industry midpoint. Overall, IGB Commercial REIT has a GF Score™ of 35/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IGB Commercial REIT's Interest Coverage compare to BXP and ARE?
According to the REITs industry distribution chart, IGB Commercial REIT ranks #295 out of 699 companies for Interest Coverage. This puts IGB Commercial REIT in the upper half of its industry. The industry median Interest Coverage is 3.11. IGB Commercial REIT's value of 4.58 is 47.3% above this benchmark. Historically, IGB Commercial REIT's own Interest Coverage has ranged from 2.39 to 4.08 over the past decade. While the company's 10-year median is 3.31 vs. the industry median of 3.11, IGB Commercial REIT 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 3.11, based on 699 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. IGB Commercial REIT's current Interest Coverage of 4.58 is 47.3% 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 IGB Commercial REIT and its competitors. For the REITs industry, the median Interest Coverage is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IGB Commercial REIT's current Interest Coverage is 4.58, which is 38% above median its own 10-year median of 3.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGB Commercial REIT stock overvalued right now?
Based on GuruFocus' analysis, IGB Commercial REIT (XKLS:5299) is currently considered Fairly Valued. The stock's GF Value™ is RM0.63, compared to a current price of RM0.61 — trading 4% below its estimated fair value. The current Interest Coverage is 4.58, which is 38% above median its 10-year median of 3.31 and 47.3% above the REITs industry median of 3.11. IGB Commercial REIT's overall GF Score™ is 35/100 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 IGB Commercial REIT (XKLS:5299), the current Interest Coverage is 4.58 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 IGB Commercial REIT (XKLS:5299) Overvalued in 2026?
Based on GuruFocus' analysis, IGB Commercial REIT stock appears to be undervalued.
The current stock price of RM0.61 is trading 4% below its estimated GF Value™ of RM0.63.
GuruFocus considers IGB Commercial REIT to be Fairly Valued.
Key valuation signals for XKLS:5299:
Interest Coverage: 4.58 (38% above median its 10-year median of 3.31)
GF Value™: RM0.63 vs. price of RM0.61 (4% below fair value)
Industry Position: 47.3% above the REITs median (#295 of 699)
No single metric tells the full story. See the XKLS:5299 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IGB Commercial REIT is established to provide unitholders with regular and stable distributions, sustainable long-term unit price and distributable income and capital growth, and maintaining an appropriate capital structure, by investing directly and indirectly in a portfolio of income-producing real estate used predominantly for commercial purposes in Malaysia and overseas. The trust's investment portfolio mainly comprises commercial properties with office and retail spaces, and includes the Gardens South Tower, Centrepoint North, The Gardens North Tower, and other properties.
35GF Score
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