Daio Paper (FRA:DPR) Interest Coverage: 5.60 (As of Dec. 2025) — 44% Above Median


FRA:DPR Daio Paper Corp FRA:DPR
68 GF Score
Price €4.74
GF Value €4.97
Valuation Fairly Valued
! 5 Warning Signs
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What is Daio Paper Interest Coverage?

Daio Paper FRA:DPR +1.28% 68 Interest Coverage is 5.60 as of Dec. 2025, which is 44% above its 10-year median of 3.89. GuruFocus rates FRA:DPR with a GF Score™ of 68/100 and a GF Value™ of €4.97 (Fairly Valued). The stock has 5 warning signs investors should review. Among 182 Forest Products companies, Daio Paper ranks worse than 52.2% 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. Daio Paper's Operating Income for the three months ended in Dec. 2025 was €52 Mil. Daio Paper's Interest Expense for the three months ended in Dec. 2025 was €-9 Mil. Daio Paper's interest coverage for the quarter that ended in Dec. 2025 was 5.60. 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. Daio Paper Corp interest coverage is 3.72, which is low.

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

FRA:DPR' s Interest Coverage Range Over the Past 10 Years
Min: 1.67   Med: 3.89   Max: 9.57
Current: 3.72


FRA:DPR's Interest Coverage is ranked worse than
52.2% of 182 companies
in the Forest Products industry
Industry Median: 3.97 vs FRA:DPR: 3.72

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


Daio Paper  (FRA:DPR) 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 .


Daio Paper Interest Coverage Related Terms


Daio Paper Interest Coverage Historical Data

* Premium members only.

The historical data trend for Daio Paper'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.

Daio Paper Interest Coverage Chart

Daio Paper 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 8.96 0.00 2.27 1.67 3.72

Daio Paper 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 1.81 1.44 4.24 5.60 3.32

Daio Paper Interest Coverage Competitor Comparison

For the Paper & Paper Products subindustry, Daio Paper'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.


Daio Paper Interest Coverage vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Daio Paper's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Daio Paper's Interest Coverage falls into.


FRA:DPR
68GF Score
Daio Paper Corp FRA:DPR
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daio Paper 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.

Daio Paper'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, Daio Paper's Interest Expense was €-35 Mil. Its Operating Income was €131 Mil. And its Long-Term Debt & Capital Lease Obligation was €1,622 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*131.007/-35.263
=3.72

Daio Paper's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Daio Paper's Interest Expense was €-9 Mil. Its Operating Income was €52 Mil. And its Long-Term Debt & Capital Lease Obligation was €1,710 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*52.21/-9.322
=5.60

* 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 5.60 mean?
Daio Paper (FRA:DPR) has a Interest Coverage of 5.60 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Daio Paper and its competitors. This is 44% above median its historical median of 3.89. Over the past decade, Daio Paper's Interest Coverage has ranged from 1.67 to 9.57. According to the industry distribution chart, Daio Paper ranks #95 out of 182 companies in the Forest Products industry, placing it in the top 52.2%.
Is Daio Paper's Interest Coverage too high?
Daio Paper's current Interest Coverage of 5.60 is 44% above median its 10-year median of 3.89. Over the past 10 years, this metric has ranged from a low of 1.67 to a high of 9.57. The Forest Products industry median Interest Coverage is 3.97. Daio Paper's value of 5.60 is 41.1% above this industry median. Based on the distribution chart, Daio Paper ranks #95 out of 182 companies in the Forest Products industry, which is below the industry midpoint. Overall, Daio Paper has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Daio Paper's Interest Coverage compare to competitors?
According to the Forest Products industry distribution chart, Daio Paper ranks #95 out of 182 companies for Interest Coverage. This places Daio Paper in the lower half of its industry. The industry median Interest Coverage is 3.97. Daio Paper's value of 5.60 is 41.1% above this benchmark. Historically, Daio Paper's own Interest Coverage has ranged from 1.67 to 9.57 over the past decade. While the company's 10-year median is 3.89 vs. the industry median of 3.97, Daio Paper 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 Forest Products company?
The median Interest Coverage among Forest Products companies is 3.97, based on 182 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. Daio Paper's current Interest Coverage of 5.60 is 41.1% 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 Daio Paper and its competitors. For the Forest Products industry, the median Interest Coverage is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daio Paper's current Interest Coverage is 5.60, which is 44% above median its own 10-year median of 3.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daio Paper stock overvalued right now?
Based on GuruFocus' analysis, Daio Paper (FRA:DPR) is currently considered Fairly Valued. The stock's GF Value™ is €4.97, compared to a current price of €4.74 — trading 4.6% below its estimated fair value. The current Interest Coverage is 5.60, which is 44% above median its 10-year median of 3.89 and 41.1% above the Forest Products industry median of 3.97. Daio Paper's overall GF Score™ is 68/100 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 Daio Paper (FRA:DPR), the current Interest Coverage is 5.60 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 Daio Paper (FRA:DPR) Overvalued in 2026?

Based on GuruFocus' analysis, Daio Paper stock appears to be undervalued. The current stock price of €4.74 is trading 4.6% below its estimated GF Value™ of €4.97. GuruFocus considers Daio Paper to be Fairly Valued.

Key valuation signals for FRA:DPR:

  • Interest Coverage: 5.60 (44% above median its 10-year median of 3.89)
  • GF Value™: €4.97 vs. price of €4.74 (4.6% below fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 41.1% above the Forest Products median (#95 of 182)

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


Daio Paper Business Description

Other Exchanges 3880:Japan
Address 10-2, Fujimi 2 chome, Iidabashi Grand Bloom, Chiyoda-ku, Tokyo, JPN, 102-0071
Daio Paper Corp is a Japan-based paper, pulp and paperboard manufacturer. It produces general printing paper for magazines and catalogs, newsprint, office paper, corrugated materials, kraft liner, facial and toilet tissue, paper towels etc. The company's main products Newsprint, coated paper, wood free paper, publication paper, PPC paper, carbonless paper, adhesive printing paper, functional materials, wrapping paper, household paper products like facial tissue, toilet tissue, paper towels, sanitary napkins, disposable diapers, among others, kraft linerboard (containerboard), and various types of pulp.
68GF Score

Get the complete analysis for FRA:DPR

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

€4.74
Price
€4.97
GF Value