Noritake CoFRA:NO4 -5.93%66 Interest Coverage is 67.70 as of Mar. 2026, which is 69% below its 10-year median of 218.60. GuruFocus rates FRA:NO4 with a GF Score™ of 66/100 and a GF Value™ of €11.20 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 426 Conglomerates companies, Noritake Co ranks better than 89.91% 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. Noritake Co's
Operating Income
for the
three
months ended in Mar. 2026 was €17.7 Mil. Noritake Co's Interest Expense for the
three
months ended in Mar. 2026 was €-0.3 Mil.
Noritake Co's interest coverage for the quarter that ended in Mar. 2026 was 67.70.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Noritake Co's Interest Coverage or its related term are showing as below:
FRA:NO4'
s Interest Coverage Range Over the Past 10 Years
Min: 41.61 Med: 218.6 Max: 535.55
Current: 83.57
FRA:NO4's Interest Coverage is ranked better than 89.91% of 426
companies
in the Conglomerates industry
Industry Median: 5.31
vs FRA:NO4: 83.57
Noritake Co (FRA:NO4) 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 .
Noritake Co Interest Coverage Related Terms
Noritake Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Noritake 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.
For the Conglomerates subindustry, Noritake 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.
Noritake Co Interest Coverage vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Noritake Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Noritake Co's Interest Coverage falls into.
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:
* 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.
Noritake Co (FRA:NO4) has a Interest Coverage of 67.70 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Noritake Co and its competitors. This is 69% below median its historical median of 218.60. Over the past decade, Noritake Co's Interest Coverage has ranged from 41.61 to 535.55. According to the industry distribution chart, Noritake Co ranks #43 out of 426 companies in the Conglomerates industry, placing it in the top 10.1%.
Is Noritake Co's Interest Coverage too high?
Noritake Co's current Interest Coverage of 67.70 is 69% below median its 10-year median of 218.60. Over the past 10 years, this metric has ranged from a low of 41.61 to a high of 535.55. The Conglomerates industry median Interest Coverage is 5.31. Noritake Co's value of 67.70 is 1175% above this industry median. Based on the distribution chart, Noritake Co ranks #43 out of 426 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Noritake Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Noritake Co's Interest Coverage compare to HON and MMM?
According to the Conglomerates industry distribution chart, Noritake Co ranks #43 out of 426 companies for Interest Coverage. This places Noritake Co in the top 10% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.31. Noritake Co's value of 67.70 is 1175% above this benchmark. Historically, Noritake Co's own Interest Coverage has ranged from 41.61 to 535.55 over the past decade. While the company's 10-year median is 218.60 vs. the industry median of 5.31, Noritake 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 Conglomerates company?
The median Interest Coverage among Conglomerates companies is 5.31, based on 426 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. Noritake Co's current Interest Coverage of 67.70 is 1175% 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 Noritake Co and its competitors. For the Conglomerates industry, the median Interest Coverage is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noritake Co's current Interest Coverage is 67.70, which is 69% below median its own 10-year median of 218.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noritake Co stock overvalued right now?
Based on GuruFocus' analysis, Noritake Co (FRA:NO4) is currently considered Significantly Overvalued. The stock's GF Value™ is €11.20, compared to a current price of €22.20 — trading 98.2% above its estimated fair value. The current Interest Coverage is 67.70, which is 69% below median its 10-year median of 218.60 and 1175% above the Conglomerates industry median of 5.31. Noritake Co's overall GF Score™ is 66/100 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 Noritake Co (FRA:NO4), the current Interest Coverage is 67.70 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 Noritake Co (FRA:NO4) Overvalued in 2026?
Based on GuruFocus' analysis, Noritake Co stock appears to be overvalued.
The current stock price of €22.20 is trading 98.2% above its estimated GF Value™ of €11.20.
GuruFocus considers Noritake Co to be Significantly Overvalued.
Key valuation signals for FRA:NO4:
Interest Coverage: 67.70 (69% below median its 10-year median of 218.60)
GF Value™: €11.20 vs. price of €22.20 (98.2% above fair value)
Industry Position: 1175% above the Conglomerates median (#43 of 426)
No single metric tells the full story. See the FRA:NO4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Noritake Co Ltd is engaged in manufacturing of grinding and polishing tools, electronic component materials and manufacturing equipment. The group has established four different business fields with the application and development of a variety of ceramics manufacturing technologies: Industrial Products, which supports industries with grinding wheels and diamond tools, Ceramics & Materials, which supplies ceramic raw materials to many kinds of manufacturers, Engineering which develops and proposes manufacturing equipment and technologies, and Tabletop, which offers tableware to create rich and luxurious dining.
66GF Score
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