Primaris REIT (FRA:H0D) Interest Expense: €-68.6 Mil (TTM As of Mar. 2026)

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FRA:H0D Primaris REIT FRA:H0D
82 GF Score
Price €13.30
GF Value €11.00
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Primaris REIT Interest Expense?

Primaris REIT FRA:H0D -0.36% 82 Interest Expense is €-68.6 Mil as of Mar. 2026. GuruFocus rates FRA:H0D with a GF Score™ of 82/100 and a GF Value™ of €11.00 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Primaris REIT's interest expense for the three months ended in Mar. 2026 was € -18.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was €-68.6 Mil.

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. Primaris REIT's Operating Income for the three months ended in Mar. 2026 was € 53.3 Mil. Primaris REIT's Interest Expense for the three months ended in Mar. 2026 was € -18.0 Mil. Primaris REIT's Interest Coverage for the quarter that ended in Mar. 2026 was 2.96. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Primaris REIT  (FRA:H0D) Interest Expense Explanation

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. The higher, the better.

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

Primaris REIT's Interest Expense for the three months ended in Mar. 2026 was €-18.0 Mil. Its Operating Income for the three months ended in Mar. 2026 was €53.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was €1,379.0 Mil.

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

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*53.341/-18.029
=2.96

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Primaris REIT interest coverage is 3.11, which is low.

Primaris REIT Interest Expense Historical Data

* Premium members only.

The historical data trend for Primaris REIT's Interest Expense 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.

Primaris REIT Interest Expense Chart

Primaris REIT Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.95 -22.27 -36.65 -55.70 -65.61

Primaris REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Expense 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 -15.97 -15.58 -16.78 -18.19 -18.03
FRA:H0D
82GF Score
Primaris REIT FRA:H0D
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Primaris REIT Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-68.6 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of €-68.6 Mil mean?
Primaris REIT (FRA:H0D) has a Interest Expense of €-68.6 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Primaris REIT and its competitors.
Is Primaris REIT's Interest Expense too high?
Primaris REIT's current Interest Expense is €-68.6 Mil. Overall, Primaris REIT has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Primaris REIT's Interest Expense compare to SPG and O?
Primaris REIT's Interest Expense of €-68.6 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a REITs company?
A good Interest Expense depends on the REITs industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Primaris REIT and its competitors. Primaris REIT's current Interest Expense is €-68.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primaris REIT stock overvalued right now?
Based on GuruFocus' analysis, Primaris REIT (FRA:H0D) is currently considered Modestly Overvalued. The stock's GF Value™ is €11.00, compared to a current price of €13.30 — trading 20.9% above its estimated fair value. The current Interest Expense is €-68.6 Mil. Primaris REIT's overall GF Score™ is 82/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Primaris REIT (FRA:H0D), the current Interest Expense is €-68.6 Mil 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 Primaris REIT (FRA:H0D) Overvalued in 2026?

Based on GuruFocus' analysis, Primaris REIT stock appears to be overvalued. The current stock price of €13.30 is trading 20.9% above its estimated GF Value™ of €11.00. GuruFocus considers Primaris REIT to be Modestly Overvalued.

Key valuation signals for FRA:H0D:

  • Interest Expense: €-68.6 Mil
  • GF Value™: €11.00 vs. price of €13.30 (20.9% above fair value)
  • GF Score™: 82/100 with 8 warning signs

No single metric tells the full story. See the FRA:H0D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Primaris REIT Business Description

Industry Real EstateREITs
Other Exchanges PMREF:USAPMZ.UN:Canada
Address 181 Bay Street, Suite 2720, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Primaris REIT is an unincorporated, open-ended real estate investment trust. Through its subsidiaries, it owns, develops, and operates a national retail portfolio focused on enclosed shopping centres located in secondary Canadian markets. Its property portfolio includes: Dufferin Mall, Cataraqui Centre, Stone Road Mall, Orchard Park, Kildonan Place, Halifax Shopping Centre, Marlborough Mall, and Devonshire Mall. The company generates a majority of its revenue from the Rent receivables.
82GF Score

Get the complete analysis for FRA:H0D

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

€13.30
Price
€11.00
GF Value