DAIDF (Daido Steel Co) Interest Coverage: 48.22 (As of Dec. 2025) — 30% Above Median


DAIDF Daido Steel Co Ltd DAIDF
57 GF Score
Price $11.70
GF Value $7.17
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Daido Steel Co Interest Coverage?

Daido Steel Co DAIDF +26.83% 57 Interest Coverage is 48.22 as of Dec. 2025, which is 30% above its 10-year median of 36.99. GuruFocus rates DAIDF with a GF Score™ of 57/100 and a GF Value™ of $7.17 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 458 Steel companies, Daido Steel Co ranks better than 82.53% 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. Daido Steel Co's Operating Income for the three months ended in Dec. 2025 was $82 Mil. Daido Steel Co's Interest Expense for the three months ended in Dec. 2025 was $-2 Mil. Daido Steel Co's interest coverage for the quarter that ended in Dec. 2025 was 48.22. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Daido Steel Co's Interest Coverage or its related term are showing as below:

DAIDF' s Interest Coverage Range Over the Past 10 Years
Min: 12.24   Med: 36.99   Max: 50.38
Current: 40.08


DAIDF's Interest Coverage is ranked better than
82.53% of 458 companies
in the Steel industry
Industry Median: 4.445 vs DAIDF: 40.08

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


Daido Steel Co  (OTCPK:DAIDF) 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 .


Daido Steel Co Interest Coverage Related Terms


Daido Steel Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Daido Steel Co'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.

Daido Steel Co Interest Coverage Chart

Daido Steel Co 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 44.93 50.38 37.29 36.22 40.08

Daido Steel Co 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 15.56 41.62 35.27 48.22 36.29

DAIDF vs NUE, STLD, RS: Interest Coverage Comparison

For the Steel subindustry, Daido Steel Co'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.


Daido Steel Co Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, Daido Steel Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Daido Steel Co's Interest Coverage falls into.


DAIDF
57GF Score
Daido Steel Co Ltd DAIDF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daido Steel Co 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.

Daido Steel Co'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, Daido Steel Co's Interest Expense was $-7 Mil. Its Operating Income was $265 Mil. And its Long-Term Debt & Capital Lease Obligation was $679 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*265.19/-6.617
=40.08

Daido Steel Co's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Daido Steel Co's Interest Expense was $-2 Mil. Its Operating Income was $82 Mil. And its Long-Term Debt & Capital Lease Obligation was $696 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*81.628/-1.693
=48.22

* 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 48.22 mean?
Daido Steel Co (DAIDF) has a Interest Coverage of 48.22 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Daido Steel Co and its competitors. This is 30% above median its historical median of 36.99. Over the past decade, Daido Steel Co's Interest Coverage has ranged from 12.24 to 50.38. According to the industry distribution chart, Daido Steel Co ranks #80 out of 458 companies in the Steel industry, placing it in the top 17.5%.
Is Daido Steel Co's Interest Coverage too high?
Daido Steel Co's current Interest Coverage of 48.22 is 30% above median its 10-year median of 36.99. Over the past 10 years, this metric has ranged from a low of 12.24 to a high of 50.38. The Steel industry median Interest Coverage is 4.45. Daido Steel Co's value of 48.22 is 984.8% above this industry median. Based on the distribution chart, Daido Steel Co ranks #80 out of 458 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Daido Steel Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daido Steel Co's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Daido Steel Co ranks #80 out of 458 companies for Interest Coverage. This places Daido Steel Co in the top 18% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.45. Daido Steel Co's value of 48.22 is 984.8% above this benchmark. Historically, Daido Steel Co's own Interest Coverage has ranged from 12.24 to 50.38 over the past decade. While the company's 10-year median is 36.99 vs. the industry median of 4.45, Daido Steel Co 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 Steel company?
The median Interest Coverage among Steel companies is 4.45, based on 458 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. Daido Steel Co's current Interest Coverage of 48.22 is 984.8% 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 Daido Steel Co and its competitors. For the Steel industry, the median Interest Coverage is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daido Steel Co's current Interest Coverage is 48.22, which is 30% above median its own 10-year median of 36.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daido Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Daido Steel Co (DAIDF) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.17, compared to a current price of $11.70 — trading 63.2% above its estimated fair value. The current Interest Coverage is 48.22, which is 30% above median its 10-year median of 36.99 and 984.8% above the Steel industry median of 4.45. Daido Steel Co's overall GF Score™ is 57/100 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 Daido Steel Co (DAIDF), the current Interest Coverage is 48.22 as of Dec. 2025. 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 Daido Steel Co (DAIDF) Overvalued in 2026?

Based on GuruFocus' analysis, Daido Steel Co stock appears to be overvalued. The current stock price of $11.70 is trading 63.2% above its estimated GF Value™ of $7.17. GuruFocus considers Daido Steel Co to be Significantly Overvalued.

Key valuation signals for DAIDF:

  • Interest Coverage: 48.22 (30% above median its 10-year median of 36.99)
  • GF Value™: $7.17 vs. price of $11.70 (63.2% above fair value)
  • GF Score™: 57/100 with 7 warning signs
  • Industry Position: 984.8% above the Steel median (#80 of 458)

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


Daido Steel Co Business Description

Other Exchanges 5471:JapanDDL:Germany
Address 1-10, Higashisakura 1-chome, Higashi-ku, Nagoya, Aichi, JPN, 461-8581
Daido Steel Co Ltd is a Japan-based company that primarily operates through three segments. The special steel segment produces and distributes specialty steel for automotive parts, industrial machinery parts, electrical machinery parts, construction, and tool steel. The high-performance materials and magnetic materials segment produces and sells stainless steel, nickel-based alloys, electrical and electronic parts, magnetic material products, alloy powder, titanium products, and welding wire. The parts for automobile and industrial equipment segment is engaged in forging and casting for parts for automobiles, industrial machines, chemical equipment, and oil drilling rigs. The company generates majority of its revenue from the Japanese domestic market.
57GF Score

Get the complete analysis for DAIDF

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

$11.70
Price
$7.17
GF Value