Novus PropertiesXMAU:NOV 82 Interest Coverage is 10.74 as of Mar. 2026, which is 230% above its 10-year median of 3.25. GuruFocus rates XMAU:NOV with a GF Score™ of 82/100 and a GF Value™ of MUR9.07 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,302 Real Estate companies, Novus Properties ranks better than 61.67% 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. Novus Properties's
Operating Income
for the
three
months ended in Mar. 2026 was MUR3.45 Mil. Novus Properties's Interest Expense for the
three
months ended in Mar. 2026 was MUR-0.32 Mil.
Novus Properties's interest coverage for the quarter that ended in Mar. 2026 was 10.74.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Novus Properties's Interest Coverage or its related term are showing as below:
XMAU:NOV'
s Interest Coverage Range Over the Past 10 Years
Min: 2.45 Med: 3.25 Max: 6.71
Current: 6.71
XMAU:NOV's Interest Coverage is ranked better than 61.67% of 1302
companies
in the Real Estate industry
Industry Median: 4.245
vs XMAU:NOV: 6.71
Novus Properties (XMAU:NOV) 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 .
Novus Properties Interest Coverage Related Terms
Novus Properties Interest Coverage Historical Data
* Premium members only.
The historical data trend for Novus Properties'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.
XMAU:NOV vs CBRE, BEKE, JLL: Interest Coverage Comparison
For the Real Estate Services subindustry, Novus Properties'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.
Novus Properties Interest Coverage vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Novus Properties's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Novus Properties'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.
Novus Properties (XMAU:NOV) has a Interest Coverage of 10.74 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Novus Properties and its competitors. This is 230% above median its historical median of 3.25. Over the past decade, Novus Properties' Interest Coverage has ranged from 2.45 to 6.71. According to the industry distribution chart, Novus Properties ranks #499 out of 1302 companies in the Real Estate industry, placing it in the top 38.3%.
Is Novus Properties' Interest Coverage too high?
Novus Properties' current Interest Coverage of 10.74 is 230% above median its 10-year median of 3.25. Over the past 10 years, this metric has ranged from a low of 2.45 to a high of 6.71. The Real Estate industry median Interest Coverage is 4.25. Novus Properties' value of 10.74 is 153% above this industry median. Based on the distribution chart, Novus Properties ranks #499 out of 1302 companies in the Real Estate industry, which is above the industry midpoint. Overall, Novus Properties has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Novus Properties' Interest Coverage compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Novus Properties ranks #499 out of 1302 companies for Interest Coverage. This puts Novus Properties in the upper half of its industry. The industry median Interest Coverage is 4.25. Novus Properties' value of 10.74 is 153% above this benchmark. Historically, Novus Properties' own Interest Coverage has ranged from 2.45 to 6.71 over the past decade. While the company's 10-year median is 3.25 vs. the industry median of 4.25, Novus Properties 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 Real Estate company?
The median Interest Coverage among Real Estate companies is 4.25, based on 1,302 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. Novus Properties's current Interest Coverage of 10.74 is 153% 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 Novus Properties and its competitors. For the Real Estate industry, the median Interest Coverage is 4.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novus Properties's current Interest Coverage is 10.74, which is 230% above median its own 10-year median of 3.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novus Properties stock overvalued right now?
Based on GuruFocus' analysis, Novus Properties (XMAU:NOV) is currently considered Modestly Undervalued. The stock's GF Value™ is MUR9.07, compared to a current price of MUR6.80 — trading 25% below its estimated fair value. The current Interest Coverage is 10.74, which is 230% above median its 10-year median of 3.25 and 153% above the Real Estate industry median of 4.25. Novus Properties' overall GF Score™ is 82/100 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 Novus Properties (XMAU:NOV), the current Interest Coverage is 10.74 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 Novus Properties (XMAU:NOV) Overvalued in 2026?
Based on GuruFocus' analysis, Novus Properties stock appears to be undervalued.
The current stock price of MUR6.80 is trading 25% below its estimated GF Value™ of MUR9.07.
GuruFocus considers Novus Properties to be Modestly Undervalued.
Key valuation signals for XMAU:NOV:
Interest Coverage: 10.74 (230% above median its 10-year median of 3.25)
GF Value™: MUR9.07 vs. price of MUR6.80 (25% below fair value)
Industry Position: 153% above the Real Estate median (#499 of 1302)
No single metric tells the full story. See the XMAU:NOV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Novus Properties Ltd is engaged in acquiring, investing, and holding an investment in real estate located in Mauritius. It invests mainly in the Offices and Light Industrial sectors. The company generates the majority revenue from the rental income. The company has invested in Industrial building at Pailles, GRNW, Offices at Grand Bay Business Park.
82GF Score
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