Shimadzu (FRA:HDZ) Interest Coverage: 334.87 (As of Mar. 2026) — 23% Above Median


FRA:HDZ Shimadzu Corp FRA:HDZ
88 GF Score
Price €21.60
GF Value €24.50
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Shimadzu Interest Coverage?

Shimadzu FRA:HDZ +2.86% 88 Interest Coverage is 334.87 as of Mar. 2026, which is 23% above its 10-year median of 272.56. GuruFocus rates FRA:HDZ with a GF Score™ of 88/100 and a GF Value™ of €24.50 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,672 Hardware companies, Shimadzu ranks better than 89.41% 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. Shimadzu's Operating Income for the three months ended in Mar. 2026 was €128 Mil. Shimadzu's Interest Expense for the three months ended in Mar. 2026 was €-0 Mil. Shimadzu's interest coverage for the quarter that ended in Mar. 2026 was 334.87. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Shimadzu Corp has enough cash to cover all of its debt. Its financial situation is stable.

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

FRA:HDZ' s Interest Coverage Range Over the Past 10 Years
Min: 242.78   Med: 272.56   Max: 459.85
Current: 255.03


FRA:HDZ's Interest Coverage is ranked better than
89.41% of 1672 companies
in the Hardware industry
Industry Median: 13.73 vs FRA:HDZ: 255.03

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


Shimadzu  (FRA:HDZ) 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 .


Shimadzu Interest Coverage Related Terms


Shimadzu Interest Coverage Historical Data

* Premium members only.

The historical data trend for Shimadzu'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.

Shimadzu Interest Coverage Chart

Shimadzu 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 339.30 242.72 247.52 258.01 255.09

Shimadzu 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 524.40 187.47 239.32 255.46 334.87

FRA:HDZ vs COHR, KEYS, GRMN: Interest Coverage Comparison

For the Scientific & Technical Instruments subindustry, Shimadzu'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.


Shimadzu Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, Shimadzu's Interest Coverage distribution charts can be found below:

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


FRA:HDZ
88GF Score
Shimadzu Corp FRA:HDZ
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shimadzu 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.

Shimadzu'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, Shimadzu's Interest Expense was €-2 Mil. Its Operating Income was €402 Mil. And its Long-Term Debt & Capital Lease Obligation was €35 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*401.765/-1.575
=255.09

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

Here, for the three months ended in Mar. 2026, Shimadzu's Interest Expense was €-0 Mil. Its Operating Income was €128 Mil. And its Long-Term Debt & Capital Lease Obligation was €35 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*127.922/-0.382
=334.87

* 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 334.87 mean?
Shimadzu (FRA:HDZ) has a Interest Coverage of 334.87 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shimadzu and its competitors. This is 23% above median its historical median of 272.56. Over the past decade, Shimadzu's Interest Coverage has ranged from 242.78 to 459.85. According to the industry distribution chart, Shimadzu ranks #177 out of 1672 companies in the Hardware industry, placing it in the top 10.6%.
Is Shimadzu's Interest Coverage too high?
Shimadzu's current Interest Coverage of 334.87 is 23% above median its 10-year median of 272.56. Over the past 10 years, this metric has ranged from a low of 242.78 to a high of 459.85. The Hardware industry median Interest Coverage is 13.73. Shimadzu's value of 334.87 is 2339% above this industry median. Based on the distribution chart, Shimadzu ranks #177 out of 1672 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Shimadzu has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shimadzu's Interest Coverage compare to COHR and KEYS?
According to the Hardware industry distribution chart, Shimadzu ranks #177 out of 1672 companies for Interest Coverage. This places Shimadzu in the top 11% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 13.73. Shimadzu's value of 334.87 is 2339% above this benchmark. Historically, Shimadzu's own Interest Coverage has ranged from 242.78 to 459.85 over the past decade. While the company's 10-year median is 272.56 vs. the industry median of 13.73, Shimadzu 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 Hardware company?
The median Interest Coverage among Hardware companies is 13.73, based on 1,672 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. Shimadzu's current Interest Coverage of 334.87 is 2339% 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 Shimadzu and its competitors. For the Hardware industry, the median Interest Coverage is 13.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shimadzu's current Interest Coverage is 334.87, which is 23% above median its own 10-year median of 272.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shimadzu stock overvalued right now?
Based on GuruFocus' analysis, Shimadzu (FRA:HDZ) is currently considered Modestly Undervalued. The stock's GF Value™ is €24.50, compared to a current price of €21.60 — trading 11.8% below its estimated fair value. The current Interest Coverage is 334.87, which is 23% above median its 10-year median of 272.56 and 2339% above the Hardware industry median of 13.73. Shimadzu's overall GF Score™ is 88/100 with 2 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 Shimadzu (FRA:HDZ), the current Interest Coverage is 334.87 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 Shimadzu (FRA:HDZ) Overvalued in 2026?

Based on GuruFocus' analysis, Shimadzu stock appears to be undervalued. The current stock price of €21.60 is trading 11.8% below its estimated GF Value™ of €24.50. GuruFocus considers Shimadzu to be Modestly Undervalued.

Key valuation signals for FRA:HDZ:

  • Interest Coverage: 334.87 (23% above median its 10-year median of 272.56)
  • GF Value™: €24.50 vs. price of €21.60 (11.8% below fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 2339% above the Hardware median (#177 of 1672)

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


Shimadzu Business Description

Other Exchanges SHMXY:USA7701:Japan
Address 1 Nishinokyo Kuwabaracho, Nakagyo-ku, Kyoto, JPN, 604-8511
Shimadzu Corp is a Japan-based company engaged in the manufacture of precision instruments, measuring equipment, and medical devices. The firm operates in four segments: Aviation Equipment, Industrial Equipment, Measuring Equipment, Medical Equipment, and Others. It generates the majority of its revenue from the Measuring Equipment segment, which is engaged in the provision of X-ray television (TV) systems, angiography systems, X-ray imaging systems, and others.
88GF Score

Get the complete analysis for FRA:HDZ

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

€21.60
Price
€24.50
GF Value