Kokusai Electric (FRA:69B) Interest Coverage: 57.52 (As of Mar. 2026) — 61% Above Median


FRA:69B Kokusai Electric Corp FRA:69B
32 GF Score
Price €53.50
GF Value €22.42
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Kokusai Electric Interest Coverage?

Kokusai Electric FRA:69B -1.83% 32 Interest Coverage is 57.52 as of Mar. 2026, which is 61% above its 10-year median of 35.66. GuruFocus rates FRA:69B with a GF Score™ of 32/100 and a GF Value™ of €22.42 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 636 Semiconductors companies, Kokusai Electric ranks better than 54.4% 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. Kokusai Electric's Operating Income for the three months ended in Mar. 2026 was €51 Mil. Kokusai Electric's Interest Expense for the three months ended in Mar. 2026 was €-1 Mil. Kokusai Electric's interest coverage for the quarter that ended in Mar. 2026 was 57.52. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Kokusai Electric's Interest Coverage or its related term are showing as below:

FRA:69B' s Interest Coverage Range Over the Past 10 Years
Min: 23.17   Med: 35.66   Max: 52.01
Current: 28.85


FRA:69B's Interest Coverage is ranked better than
54.4% of 636 companies
in the Semiconductors industry
Industry Median: 20.225 vs FRA:69B: 28.85

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


Kokusai Electric  (FRA:69B) 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 .


Kokusai Electric Interest Coverage Related Terms


Kokusai Electric Interest Coverage Historical Data

* Premium members only.

The historical data trend for Kokusai Electric'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.

Kokusai Electric Interest Coverage Chart

Kokusai Electric Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
43.99 52.01 23.17 35.66 28.85

Kokusai Electric Quarterly Data
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 19.44 20.99 37.23 20.61 57.52

FRA:69B vs AMAT, LRCX, KLAC: Interest Coverage Comparison

For the Semiconductor Equipment & Materials subindustry, Kokusai Electric'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.


Kokusai Electric Interest Coverage vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Kokusai Electric's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Kokusai Electric's Interest Coverage falls into.


FRA:69B
32GF Score
Kokusai Electric Corp FRA:69B
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kokusai Electric 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.

Kokusai Electric'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, Kokusai Electric's Interest Expense was €-8 Mil. Its Operating Income was €228 Mil. And its Long-Term Debt & Capital Lease Obligation was €204 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*228.053/-7.904
=28.85

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

Here, for the three months ended in Mar. 2026, Kokusai Electric's Interest Expense was €-1 Mil. Its Operating Income was €51 Mil. And its Long-Term Debt & Capital Lease Obligation was €204 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*50.788/-0.883
=57.52

* 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 57.52 mean?
Kokusai Electric (FRA:69B) has a Interest Coverage of 57.52 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Kokusai Electric and its competitors. This is 61% above median its historical median of 35.66. Over the past decade, Kokusai Electric's Interest Coverage has ranged from 23.17 to 52.01. According to the industry distribution chart, Kokusai Electric ranks #290 out of 636 companies in the Semiconductors industry, placing it in the top 45.6%.
Is Kokusai Electric's Interest Coverage too high?
Kokusai Electric's current Interest Coverage of 57.52 is 61% above median its 10-year median of 35.66. Over the past 10 years, this metric has ranged from a low of 23.17 to a high of 52.01. The Semiconductors industry median Interest Coverage is 20.23. Kokusai Electric's value of 57.52 is 184.4% above this industry median. Based on the distribution chart, Kokusai Electric ranks #290 out of 636 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Kokusai Electric has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kokusai Electric's Interest Coverage compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Kokusai Electric ranks #290 out of 636 companies for Interest Coverage. This puts Kokusai Electric in the upper half of its industry. The industry median Interest Coverage is 20.23. Kokusai Electric's value of 57.52 is 184.4% above this benchmark. Historically, Kokusai Electric's own Interest Coverage has ranged from 23.17 to 52.01 over the past decade. While the company's 10-year median is 35.66 vs. the industry median of 20.23, Kokusai Electric 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 Semiconductors company?
The median Interest Coverage among Semiconductors companies is 20.23, based on 636 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. Kokusai Electric's current Interest Coverage of 57.52 is 184.4% 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 Kokusai Electric and its competitors. For the Semiconductors industry, the median Interest Coverage is 20.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kokusai Electric's current Interest Coverage is 57.52, which is 61% above median its own 10-year median of 35.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kokusai Electric stock overvalued right now?
Based on GuruFocus' analysis, Kokusai Electric (FRA:69B) is currently considered Significantly Overvalued. The stock's GF Value™ is €22.42, compared to a current price of €53.50 — trading 138.6% above its estimated fair value. The current Interest Coverage is 57.52, which is 61% above median its 10-year median of 35.66 and 184.4% above the Semiconductors industry median of 20.23. Kokusai Electric's overall GF Score™ is 32/100 with 5 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 Kokusai Electric (FRA:69B), the current Interest Coverage is 57.52 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 Kokusai Electric (FRA:69B) Overvalued in 2026?

Based on GuruFocus' analysis, Kokusai Electric stock appears to be overvalued. The current stock price of €53.50 is trading 138.6% above its estimated GF Value™ of €22.42. GuruFocus considers Kokusai Electric to be Significantly Overvalued.

Key valuation signals for FRA:69B:

  • Interest Coverage: 57.52 (61% above median its 10-year median of 35.66)
  • GF Value™: €22.42 vs. price of €53.50 (138.6% above fair value)
  • GF Score™: 32/100 with 5 warning signs
  • Industry Position: 184.4% above the Semiconductors median (#290 of 636)

No single metric tells the full story. See the FRA:69B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kokusai Electric Business Description

Address 3-4 Kanda Kajicho, 5th Floor, Oak Kanda Kajicho, Chiyoda-ku, Tokyo, JPN, 101-0045
Kokusai Electric Corp is engaged in the semiconductor manufacturing equipment business. The company operates as a single business segment focused on the development, manufacture, and supply of semiconductor production equipment used in the fabrication of electronic components. The main products include batch film deposition equipment, treatment equipment for film quality improvement, units for measuring instruments and cleaning equipment, and others.
32GF Score

Get the complete analysis for FRA:69B

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

€53.50
Price
€22.42
GF Value