Meiji Electric Industries Co (TSE:3388) Effective Interest Rate on Debt %: 0.00% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TSE:3388 Meiji Electric Industries Co Ltd TSE:3388
67 GF Score
Price 円2,148.00
GF Value 円1,585.38
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Meiji Electric Industries Co Effective Interest Rate on Debt %?

Meiji Electric Industries Co TSE:3388 +1.56% 67 Effective Interest Rate on Debt % is 0.00% as of Mar. 2026. GuruFocus rates TSE:3388 with a GF Score™ of 67/100 and a GF Value™ of 円1,585.38 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Meiji Electric Industries Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was 円9 Mil. Meiji Electric Industries Co's average total debt for the quarter that ended in Mar. 2026 was 円0 Mil. Therefore, Meiji Electric Industries Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was N/A%.


Meiji Electric Industries Co  (TSE:3388) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Meiji Electric Industries Co Effective Interest Rate on Debt % Related Terms


Meiji Electric Industries Co Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Meiji Electric Industries Co's Effective Interest Rate on Debt % 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.

Meiji Electric Industries Co Effective Interest Rate on Debt % Chart

Meiji Electric Industries Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.29 0.82 1.06 27.85 0.00

Meiji Electric Industries Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Effective Interest Rate on Debt % 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 0.00 0.00 0.00 0.00 0.00

TSE:3388 vs COHR, KEYS, GRMN: Effective Interest Rate on Debt % Comparison

For the Scientific & Technical Instruments subindustry, Meiji Electric Industries Co's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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.


Meiji Electric Industries Co Effective Interest Rate on Debt % vs Hardware Industry

For the Hardware industry and Technology sector, Meiji Electric Industries Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Meiji Electric Industries Co's Effective Interest Rate on Debt % falls into.


TSE:3388
67GF Score
Meiji Electric Industries Co Ltd TSE:3388
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meiji Electric Industries Co Effective Interest Rate on Debt % Calculation

Meiji Electric Industries Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2025 )+Total Debt  (A: Mar. 2026 ))/ count )
=-1  *  -4.174/( (0+0)/ 1 )
=-1  *  -4.174/0
=N/A %

where

Meiji Electric Industries Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -9.1/( (0+0)/ 1 )
=-1  *  -9.1/0
=N/A %

where

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 0.00% mean?
Meiji Electric Industries Co (TSE:3388) has a Effective Interest Rate on Debt % of 0.00% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Meiji Electric Industries Co and its competitors.
Is Meiji Electric Industries Co's Effective Interest Rate on Debt % too high?
Meiji Electric Industries Co's current Effective Interest Rate on Debt % is 0.00%. Overall, Meiji Electric Industries Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meiji Electric Industries Co's Effective Interest Rate on Debt % compare to COHR and KEYS?
Meiji Electric Industries Co's Effective Interest Rate on Debt % of 0.00% can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Hardware company?
A good Effective Interest Rate on Debt % depends on the Hardware industry context. However, Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Meiji Electric Industries Co and its competitors. Meiji Electric Industries Co's current Effective Interest Rate on Debt % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiji Electric Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Meiji Electric Industries Co (TSE:3388) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,585.38, compared to a current price of 円2,148.00 — trading 35.5% above its estimated fair value. The current Effective Interest Rate on Debt % is 0.00%. Meiji Electric Industries Co's overall GF Score™ is 67/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Meiji Electric Industries Co (TSE:3388), the current Effective Interest Rate on Debt % is 0.00% 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 Meiji Electric Industries Co (TSE:3388) Overvalued in 2026?

Based on GuruFocus' analysis, Meiji Electric Industries Co stock appears to be overvalued. The current stock price of 円2,148.00 is trading 35.5% above its estimated GF Value™ of 円1,585.38. GuruFocus considers Meiji Electric Industries Co to be Significantly Overvalued.

Key valuation signals for TSE:3388:

  • Effective Interest Rate on Debt %: 0.00%
  • GF Value™: 円1,585.38 vs. price of 円2,148.00 (35.5% above fair value)
  • GF Score™: 67/100 with 1 warning sign

No single metric tells the full story. See the TSE:3388 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meiji Electric Industries Co Business Description

Address 2-13-8 Kamejima, Nakamura-ku, Aichi, Nagoya, JPN
Meiji Electric Industries Co Ltd is a distributor of factory automation components. It also sells functional parts for electric equipment and automatic power saving electrical appliances and instruments.
67GF Score

Get the complete analysis for TSE:3388

Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円2,148.00
Price
円1,585.38
GF Value