J-MAX Co (NGO:3422) Interest Coverage: 3.01 (As of Mar. 2026) — 59% Below Median


NGO:3422 J-MAX Co Ltd NGO:3422
68 GF Score
Price 円444.00
GF Value 円393.64
! 10 Warning Signs
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What is J-MAX Co Interest Coverage?

J-MAX Co NGO:3422 68 Interest Coverage is 3.01 as of Mar. 2026, which is 59% below its 10-year median of 7.37. GuruFocus rates NGO:3422 with a GF Score™ of 68/100 and a GF Value™ of 円393.64. The stock has 10 warning signs investors should review. Among 1,066 Vehicles & Parts companies, J-MAX Co ranks worse than 75.05% 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. J-MAX Co's Operating Income for the six months ended in Mar. 2026 was 円1,082 Mil. J-MAX Co's Interest Expense for the six months ended in Mar. 2026 was 円-359 Mil. J-MAX Co's interest coverage for the quarter that ended in Mar. 2026 was 3.01. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. J-MAX Co Ltd interest coverage is 2.85, which is low.

The historical rank and industry rank for J-MAX Co's Interest Coverage or its related term are showing as below:

NGO:3422' s Interest Coverage Range Over the Past 10 Years
Min: 0.04   Med: 7.37   Max: 12.72
Current: 2.85


NGO:3422's Interest Coverage is ranked worse than
75.05% of 1066 companies
in the Vehicles & Parts industry
Industry Median: 8.295 vs NGO:3422: 2.85

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


J-MAX Co  (NGO:3422) 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 .


J-MAX Co Interest Coverage Related Terms


J-MAX Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for J-MAX 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.

J-MAX Co Interest Coverage Chart

J-MAX Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.37 12.72 3.45 0.04 2.85

J-MAX Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.74 0.00 1.86 2.65 3.01

NGO:3422 vs ORLY, AZO: Interest Coverage Comparison

For the Auto Parts subindustry, J-MAX 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.


J-MAX Co Interest Coverage vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, J-MAX Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where J-MAX Co's Interest Coverage falls into.


NGO:3422
68GF Score
J-MAX Co Ltd NGO:3422
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

J-MAX 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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

J-MAX Co's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, J-MAX Co's Interest Expense was 円-652 Mil. Its Operating Income was 円1,859 Mil. And its Long-Term Debt & Capital Lease Obligation was 円10,935 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*1859/-652
=2.85

J-MAX Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, J-MAX Co's Interest Expense was 円-359 Mil. Its Operating Income was 円1,082 Mil. And its Long-Term Debt & Capital Lease Obligation was 円10,935 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1082/-359
=3.01

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 3.01 mean?
J-MAX Co (NGO:3422) has a Interest Coverage of 3.01 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on J-MAX Co and its competitors. This is 59% below median its historical median of 7.37. Over the past decade, J-MAX Co's Interest Coverage has ranged from 0.04 to 12.72. According to the industry distribution chart, J-MAX Co ranks #800 out of 1066 companies in the Vehicles & Parts industry, placing it in the top 75%.
Is J-MAX Co's Interest Coverage too high?
J-MAX Co's current Interest Coverage of 3.01 is 59% below median its 10-year median of 7.37. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 12.72. The Vehicles & Parts industry median Interest Coverage is 8.30. J-MAX Co's value of 3.01 is 63.7% below this industry median. Based on the distribution chart, J-MAX Co ranks #800 out of 1066 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, J-MAX Co has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does J-MAX Co's Interest Coverage compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, J-MAX Co ranks #800 out of 1066 companies for Interest Coverage. This places J-MAX Co in the lower half of its industry. The industry median Interest Coverage is 8.30. J-MAX Co's value of 3.01 is 63.7% below this benchmark. Historically, J-MAX Co's own Interest Coverage has ranged from 0.04 to 12.72 over the past decade. While the company's 10-year median is 7.37 vs. the industry median of 8.30, J-MAX Co 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 a Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.30, based on 1,066 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. J-MAX Co's current Interest Coverage of 3.01 is 63.7% 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 J-MAX Co and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. J-MAX Co's current Interest Coverage is 3.01, which is 59% below median its own 10-year median of 7.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is J-MAX Co stock overvalued right now?
J-MAX Co (NGO:3422) has a current Interest Coverage of 3.01. The stock's GF Value™ is 円393.64, compared to a current price of 円444.00 — trading 12.8% above its estimated fair value. The current Interest Coverage is 3.01, which is 59% below median its 10-year median of 7.37 and 63.7% below the Vehicles & Parts industry median of 8.30. J-MAX Co's overall GF Score™ is 68/100 with 10 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 J-MAX Co (NGO:3422), the current Interest Coverage is 3.01 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 J-MAX Co (NGO:3422) Overvalued in 2026?

Based on GuruFocus' analysis, J-MAX Co stock appears to be overvalued. The current stock price of 円444.00 is trading 12.8% above its estimated GF Value™ of 円393.64.

Key valuation signals for NGO:3422:

  • Interest Coverage: 3.01 (59% below median its 10-year median of 7.37)
  • GF Value™: 円393.64 vs. price of 円444.00 (12.8% above fair value)
  • GF Score™: 68/100 with 10 warning signs
  • Industry Position: 63.7% below the Vehicles & Parts median (#800 of 1066)

No single metric tells the full story. See the NGO:3422 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


J-MAX Co Business Description

Other Exchanges 3422:Japan
Address Gifu Kamiishizu Otosaka 130-1, Ogaki, JPN, 503-1601
J-MAX Co Ltd is engaged in manufacture of automobile body press parts, manufacture of precision parts for automobiles, and design and production of various molds. The company also manufactures press dies, welding jigs, inspection tools, and other equipment.
68GF Score

Get the complete analysis for NGO:3422

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円444.00
Price
円393.64
GF Value