Toyo Kanetsu KKFRA:TQ2 +1.56%82 Interest Coverage is 12.38 as of Mar. 2026, which is 70% below its 10-year median of 41.04. GuruFocus rates FRA:TQ2 with a GF Score™ of 82/100 and a GF Value™ of €12.24. The stock has 2 warning signs investors should review. Among 2,325 Industrial Products companies, Toyo Kanetsu KK ranks better than 56.04% 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. Toyo Kanetsu KK's
Operating Income
for the
three
months ended in Mar. 2026 was €3.0 Mil. Toyo Kanetsu KK's Interest Expense for the
three
months ended in Mar. 2026 was €-0.2 Mil.
Toyo Kanetsu KK's interest coverage for the quarter that ended in Mar. 2026 was 12.38.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Toyo Kanetsu KK's Interest Coverage or its related term are showing as below:
FRA:TQ2'
s Interest Coverage Range Over the Past 10 Years
Min: 19.79 Med: 41.04 Max: 154.05
Current: 19.79
FRA:TQ2's Interest Coverage is ranked better than 56.04% of 2325
companies
in the Industrial Products industry
Industry Median: 14.8
vs FRA:TQ2: 19.79
Toyo Kanetsu KK (FRA:TQ2) 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 .
Toyo Kanetsu KK Interest Coverage Related Terms
Toyo Kanetsu KK Interest Coverage Historical Data
* Premium members only.
The historical data trend for Toyo Kanetsu KK'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.
FRA:TQ2 vs GEV, ETN, PH: Interest Coverage Comparison
For the Specialty Industrial Machinery subindustry, Toyo Kanetsu KK'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.
Toyo Kanetsu KK Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Toyo Kanetsu KK's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Toyo Kanetsu KK'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.
Toyo Kanetsu KK (FRA:TQ2) has a Interest Coverage of 12.38 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Toyo Kanetsu KK and its competitors. This is 70% below median its historical median of 41.04. Over the past decade, Toyo Kanetsu KK's Interest Coverage has ranged from 19.79 to 154.05. According to the industry distribution chart, Toyo Kanetsu KK ranks #1022 out of 2325 companies in the Industrial Products industry, placing it in the top 44%.
Is Toyo Kanetsu KK's Interest Coverage too high?
Toyo Kanetsu KK's current Interest Coverage of 12.38 is 70% below median its 10-year median of 41.04. Over the past 10 years, this metric has ranged from a low of 19.79 to a high of 154.05. The Industrial Products industry median Interest Coverage is 14.80. Toyo Kanetsu KK's value of 12.38 is 16.4% below this industry median. Based on the distribution chart, Toyo Kanetsu KK ranks #1022 out of 2325 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Toyo Kanetsu KK has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Toyo Kanetsu KK's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Toyo Kanetsu KK ranks #1022 out of 2325 companies for Interest Coverage. This puts Toyo Kanetsu KK in the upper half of its industry. The industry median Interest Coverage is 14.80. Toyo Kanetsu KK's value of 12.38 is 16.4% below this benchmark. Historically, Toyo Kanetsu KK's own Interest Coverage has ranged from 19.79 to 154.05 over the past decade. While the company's 10-year median is 41.04 vs. the industry median of 14.80, Toyo Kanetsu KK has consistently been below 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.80, based on 2,325 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. Toyo Kanetsu KK's current Interest Coverage of 12.38 is 16.4% below 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 Toyo Kanetsu KK and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Kanetsu KK's current Interest Coverage is 12.38, which is 70% below median its own 10-year median of 41.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Kanetsu KK stock overvalued right now?
Toyo Kanetsu KK (FRA:TQ2) has a current Interest Coverage of 12.38. The stock's GF Value™ is €12.24, compared to a current price of €13.00 — trading 6.2% above its estimated fair value. The current Interest Coverage is 12.38, which is 70% below median its 10-year median of 41.04 and 16.4% below the Industrial Products industry median of 14.80. Toyo Kanetsu KK's overall GF Score™ is 82/100 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 Toyo Kanetsu KK (FRA:TQ2), the current Interest Coverage is 12.38 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 Toyo Kanetsu KK (FRA:TQ2) Overvalued in 2026?
Based on GuruFocus' analysis, Toyo Kanetsu KK stock appears to be overvalued.
The current stock price of €13.00 is trading 6.2% above its estimated GF Value™ of €12.24.
Key valuation signals for FRA:TQ2:
Interest Coverage: 12.38 (70% below median its 10-year median of 41.04)
GF Value™: €12.24 vs. price of €13.00 (6.2% above fair value)
Industry Position: 16.4% below the Industrial Products median (#1022 of 2325)
No single metric tells the full story. See the FRA:TQ2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toyo Kanetsu KK produces and sells industrial furnaces. It operates in two reportable segments which include Plant and machinery segment and Material handling system segment. Plant and machinery comprise of designing, manufacturing, installation of storage tanks for LNG (Liquefied natural gas), crude oil and other gases and liquids whereas Material handling system segment is engaged in the development, designing and installation of distribution system especially for sorting, picking and conveyance. The business activity of the group is operated by Japan, Southeast Asia, Oceania, and Internationally.
82GF Score
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