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Tokura Construction CoNGO:1892 64 Interest Coverage is 38.60 as of Mar. 2026, which is 11% below its 10-year median of 43.41. GuruFocus rates NGO:1892 with a GF Score™ of 64/100 and a GF Value™ of 円4,659.32 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,368 Construction companies, Tokura Construction Co ranks better than 82.68% 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. Tokura Construction Co's
Operating Income
for the
three
months ended in Mar. 2026 was 円579 Mil. Tokura Construction Co's Interest Expense for the
three
months ended in Mar. 2026 was 円-15 Mil.
Tokura Construction Co's interest coverage for the quarter that ended in Mar. 2026 was 38.60.
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. Tokura Construction Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Tokura Construction Co's Interest Coverage or its related term are showing as below:
NGO:1892'
s Interest Coverage Range Over the Past 10 Years
Min: 15.05 Med: 43.41 Max: 68.14
Current: 68.14
NGO:1892's Interest Coverage is ranked better than 82.68% of 1368
companies
in the Construction industry
Industry Median: 8.02
vs NGO:1892: 68.14
Tokura Construction Co (NGO:1892) 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 .
Tokura Construction Co Interest Coverage Related Terms
Tokura Construction Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Tokura Construction 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.
NGO:1892 vs PWR, FIX, EME: Interest Coverage Comparison
For the Engineering & Construction subindustry, Tokura Construction 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.
Tokura Construction Co Interest Coverage vs Construction Industry
For the Construction industry and Industrials sector, Tokura Construction Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Tokura Construction Co's Interest Coverage falls into.
Tokura Construction Co 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.
Tokura Construction Co (NGO:1892) has a Interest Coverage of 38.60 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Tokura Construction Co and its competitors. This is 11% below median its historical median of 43.41. Over the past decade, Tokura Construction Co's Interest Coverage has ranged from 15.05 to 68.14. According to the industry distribution chart, Tokura Construction Co ranks #237 out of 1368 companies in the Construction industry, placing it in the top 17.3%.
Is Tokura Construction Co's Interest Coverage too high?
Tokura Construction Co's current Interest Coverage of 38.60 is 11% below median its 10-year median of 43.41. Over the past 10 years, this metric has ranged from a low of 15.05 to a high of 68.14. The Construction industry median Interest Coverage is 8.02. Tokura Construction Co's value of 38.60 is 381.3% above this industry median. Based on the distribution chart, Tokura Construction Co ranks #237 out of 1368 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Tokura Construction Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokura Construction Co's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Tokura Construction Co ranks #237 out of 1368 companies for Interest Coverage. This places Tokura Construction Co in the top 17% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 8.02. Tokura Construction Co's value of 38.60 is 381.3% above this benchmark. Historically, Tokura Construction Co's own Interest Coverage has ranged from 15.05 to 68.14 over the past decade. While the company's 10-year median is 43.41 vs. the industry median of 8.02, Tokura Construction 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 Construction company?
The median Interest Coverage among Construction companies is 8.02, based on 1,368 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. Tokura Construction Co's current Interest Coverage of 38.60 is 381.3% 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 Tokura Construction Co and its competitors. For the Construction industry, the median Interest Coverage is 8.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokura Construction Co's current Interest Coverage is 38.60, which is 11% below median its own 10-year median of 43.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokura Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Tokura Construction Co (NGO:1892) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,659.32, compared to a current price of 円7,810.00 — trading 67.6% above its estimated fair value. The current Interest Coverage is 38.60, which is 11% below median its 10-year median of 43.41 and 381.3% above the Construction industry median of 8.02. Tokura Construction Co's overall GF Score™ is 64/100 with 8 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 Tokura Construction Co (NGO:1892), the current Interest Coverage is 38.60 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 Tokura Construction Co (NGO:1892) Overvalued in 2026?
Based on GuruFocus' analysis, Tokura Construction Co stock appears to be overvalued.
The current stock price of 円7,810.00 is trading 67.6% above its estimated GF Value™ of 円4,659.32.
GuruFocus considers Tokura Construction Co to be Significantly Overvalued.
Key valuation signals for NGO:1892:
Interest Coverage: 38.60 (11% below median its 10-year median of 43.41)
GF Value™: 円4,659.32 vs. price of 円7,810.00 (67.6% above fair value)
Industry Position: 381.3% above the Construction median (#237 of 1368)
No single metric tells the full story. See the NGO:1892 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokura Construction Co Ltd is a Japan-based company engaged in the business of engineering and construction works. Its operations are carried out through the following business divisions: Construction, Civil Engineering, Real Estate, and Others. It generates the majority of its revenue from the Construction segment.
64GF Score
Get the complete analysis for NGO:1892
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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