HoyaMEX:7741N 93 Interest Coverage is 266.05 as of Mar. 2026, which is 6% above its 10-year median of 250.99. GuruFocus rates MEX:7741N with a GF Score™ of 93/100 and a GF Value™ of MXN2,048.30 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 468 Medical Devices & Instruments companies, Hoya ranks better than 84.83% 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. Hoya's
Operating Income
for the
three
months ended in Mar. 2026 was MXN15,298 Mil. Hoya's Interest Expense for the
three
months ended in Mar. 2026 was MXN-58 Mil.
Hoya's interest coverage for the quarter that ended in Mar. 2026 was 266.05.
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. Hoya Corp has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Hoya's Interest Coverage or its related term are showing as below:
MEX:7741N'
s Interest Coverage Range Over the Past 10 Years
Min: 151.52 Med: 250.99 Max: 797
Current: 276.81
MEX:7741N's Interest Coverage is ranked better than 84.83% of 468
companies
in the Medical Devices & Instruments industry
Industry Median: 15.71
vs MEX:7741N: 276.81
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 .
Hoya Interest Coverage Related Terms
Hoya Interest Coverage Historical Data
* Premium members only.
The historical data trend for Hoya'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.
MEX:7741N vs ISRG, BDX, MDLN: Interest Coverage Comparison
For the Medical Instruments & Supplies subindustry, Hoya'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.
Hoya Interest Coverage vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Hoya's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Hoya'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.
Hoya (MEX:7741N) has a Interest Coverage of 266.05 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hoya and its competitors. This is near median its historical median of 250.99. Over the past decade, Hoya's Interest Coverage has ranged from 151.52 to 797.00. According to the industry distribution chart, Hoya ranks #71 out of 468 companies in the Medical Devices & Instruments industry, placing it in the top 15.2%.
Is Hoya's Interest Coverage too high?
Hoya's current Interest Coverage of 266.05 is near median its 10-year median of 250.99. Over the past 10 years, this metric has ranged from a low of 151.52 to a high of 797.00. The Medical Devices & Instruments industry median Interest Coverage is 15.71. Hoya's value of 266.05 is 1593.5% above this industry median. Based on the distribution chart, Hoya ranks #71 out of 468 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Hoya has a GF Score™ of 93/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hoya's Interest Coverage compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Hoya ranks #71 out of 468 companies for Interest Coverage. This places Hoya in the top 15% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 15.71. Hoya's value of 266.05 is 1593.5% above this benchmark. Historically, Hoya's own Interest Coverage has ranged from 151.52 to 797.00 over the past decade. While the company's 10-year median is 250.99 vs. the industry median of 15.71, Hoya 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 Medical Devices & Instruments company?
The median Interest Coverage among Medical Devices & Instruments companies is 15.71, based on 468 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. Hoya's current Interest Coverage of 266.05 is 1593.5% 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 Hoya and its competitors. For the Medical Devices & Instruments industry, the median Interest Coverage is 15.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoya's current Interest Coverage is 266.05, which is near median its own 10-year median of 250.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoya stock overvalued right now?
Based on GuruFocus' analysis, Hoya (MEX:7741N) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN2,048.30, compared to a current price of MXN2,750.59 — trading 34.3% above its estimated fair value. The current Interest Coverage is 266.05, which is near median its 10-year median of 250.99 and 1593.5% above the Medical Devices & Instruments industry median of 15.71. Hoya's overall GF Score™ is 93/100 with 4 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 Hoya (MEX:7741N), the current Interest Coverage is 266.05 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 Hoya (MEX:7741N) Overvalued in 2026?
Based on GuruFocus' analysis, Hoya stock appears to be overvalued.
The current stock price of MXN2,750.59 is trading 34.3% above its estimated GF Value™ of MXN2,048.30.
GuruFocus considers Hoya to be Significantly Overvalued.
Key valuation signals for MEX:7741N:
Interest Coverage: 266.05 (near median its 10-year median of 250.99)
GF Value™: MXN2,048.30 vs. price of MXN2,750.59 (34.3% above fair value)
Industry Position: 1593.5% above the Medical Devices & Instruments median (#71 of 468)
No single metric tells the full story. See the MEX:7741N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1941 in Tokyo as an optical glass production plant, Hoya is one of the largest eyeglass lens manufacturers in the world. Leveraging its technology know-how in glass manufacturing, Hoya entered the mask blanks business in 1974. Now although its life care business accounts for more than 60% of its total revenue, majority of its profit before tax comes from its higher-margin IT business.
93GF Score
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