Mitsubishi Heavy IndustriesMHVIY +0.09%59 Interest Coverage is 28.73 as of Mar. 2026, which is 119% above its 10-year median of 13.14. GuruFocus rates MHVIY with a GF Score™ of 59/100 and a GF Value™ of $7.33 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,325 Industrial Products companies, Mitsubishi Heavy Industries ranks better than 60.04% 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. Mitsubishi Heavy Industries's
Operating Income
for the
three
months ended in Mar. 2026 was $845 Mil. Mitsubishi Heavy Industries's Interest Expense for the
three
months ended in Mar. 2026 was $-29 Mil.
Mitsubishi Heavy Industries's interest coverage for the quarter that ended in Mar. 2026 was 28.73.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Mitsubishi Heavy Industries's Interest Coverage or its related term are showing as below:
MHVIY'
s Interest Coverage Range Over the Past 10 Years
Min: 2.24 Med: 13.14 Max: 24.47
Current: 24.47
MHVIY's Interest Coverage is ranked better than 60.04% of 2325
companies
in the Industrial Products industry
Industry Median: 14.8
vs MHVIY: 24.47
Mitsubishi Heavy Industries (OTCPK:MHVIY) 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 .
Mitsubishi Heavy Industries Interest Coverage Related Terms
Mitsubishi Heavy Industries Interest Coverage Historical Data
* 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.
Mitsubishi Heavy Industries Interest Coverage Chart
MHVIY vs GEV, ETN, PH: Interest Coverage Comparison
For the Specialty Industrial Machinery subindustry, Mitsubishi Heavy Industries'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.
Mitsubishi Heavy Industries Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mitsubishi Heavy Industries's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Mitsubishi Heavy Industries's Interest Coverage falls into.
Mitsubishi Heavy Industries 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:
* 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.
Mitsubishi Heavy Industries (MHVIY) has a Interest Coverage of 28.73 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mitsubishi Heavy Industries and its competitors. This is 119% above median its historical median of 13.14. Over the past decade, Mitsubishi Heavy Industries' Interest Coverage has ranged from 2.24 to 24.47. According to the industry distribution chart, Mitsubishi Heavy Industries ranks #929 out of 2325 companies in the Industrial Products industry, placing it in the top 40%.
Is Mitsubishi Heavy Industries' Interest Coverage too high?
Mitsubishi Heavy Industries' current Interest Coverage of 28.73 is 119% above median its 10-year median of 13.14. Over the past 10 years, this metric has ranged from a low of 2.24 to a high of 24.47. The Industrial Products industry median Interest Coverage is 14.80. Mitsubishi Heavy Industries' value of 28.73 is 94.1% above this industry median. Based on the distribution chart, Mitsubishi Heavy Industries ranks #929 out of 2325 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Mitsubishi Heavy Industries has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Heavy Industries' Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Mitsubishi Heavy Industries ranks #929 out of 2325 companies for Interest Coverage. This puts Mitsubishi Heavy Industries in the upper half of its industry. The industry median Interest Coverage is 14.80. Mitsubishi Heavy Industries' value of 28.73 is 94.1% above this benchmark. Historically, Mitsubishi Heavy Industries' own Interest Coverage has ranged from 2.24 to 24.47 over the past decade. While the company's 10-year median is 13.14 vs. the industry median of 14.80, Mitsubishi Heavy Industries 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 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. Mitsubishi Heavy Industries's current Interest Coverage of 28.73 is 94.1% 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 Mitsubishi Heavy Industries 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. Mitsubishi Heavy Industries's current Interest Coverage is 28.73, which is 119% above median its own 10-year median of 13.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Heavy Industries stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Heavy Industries (MHVIY) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.33, compared to a current price of $11.06 — trading 50.9% above its estimated fair value. The current Interest Coverage is 28.73, which is 119% above median its 10-year median of 13.14 and 94.1% above the Industrial Products industry median of 14.80. Mitsubishi Heavy Industries' overall GF Score™ is 59/100 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 Mitsubishi Heavy Industries (MHVIY), the current Interest Coverage is 28.73 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 Mitsubishi Heavy Industries (MHVIY) Overvalued in 2026?
Based on GuruFocus' analysis, Mitsubishi Heavy Industries stock appears to be overvalued.
The current stock price of $11.06 is trading 50.9% above its estimated GF Value™ of $7.33.
GuruFocus considers Mitsubishi Heavy Industries to be Significantly Overvalued.
Key valuation signals for MHVIY:
Interest Coverage: 28.73 (119% above median its 10-year median of 13.14)
GF Value™: $7.33 vs. price of $11.06 (50.9% above fair value)
Industry Position: 94.1% above the Industrial Products median (#929 of 2325)
No single metric tells the full story. See the MHVIY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mitsubishi Heavy Industries is a diversified industrial and engineering group that was founded in 1884 and reorganized in 1950. It operates across four segments: energy systems; plants and infrastructure; logistics, thermal and drive systems; and aircraft, defense and space. MHI is a global leader in large gas turbines and energy services, and a key domestic supplier of aerospace and defense systems. Its end markets include energy infrastructure, industrial equipment, transport, and defense, with a growing focus on decarbonization technologies such as hydrogen- and ammonia-capable turbines. The company employs about 77,000 people globally.
59GF Score
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