OkumaNGO:6103 91 Interest Coverage is 64.94 as of Mar. 2026, which is 74% below its 10-year median of 253.40. GuruFocus rates NGO:6103 with a GF Score™ of 91/100 and a GF Value™ of 円3,027.99. The stock has 1 warning sign investors should review. Among 2,325 Industrial Products companies, Okuma ranks better than 81.51% 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. Okuma's
Operating Income
for the
three
months ended in Mar. 2026 was 円5,065 Mil. Okuma's Interest Expense for the
three
months ended in Mar. 2026 was 円-78 Mil.
Okuma's interest coverage for the quarter that ended in Mar. 2026 was 64.94.
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. Okuma Corp has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Okuma's Interest Coverage or its related term are showing as below:
NGO:6103'
s Interest Coverage Range Over the Past 10 Years
Min: 102.01 Med: 253.4 Max: 501.36
Current: 102.01
NGO:6103's Interest Coverage is ranked better than 81.51% of 2325
companies
in the Industrial Products industry
Industry Median: 14.8
vs NGO:6103: 102.01
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 .
Okuma Interest Coverage Related Terms
Okuma Interest Coverage Historical Data
* Premium members only.
The historical data trend for Okuma'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:6103 vs GEV, ETN, PH: Interest Coverage Comparison
For the Specialty Industrial Machinery subindustry, Okuma'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.
Okuma Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Okuma's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Okuma'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.
Okuma (NGO:6103) has a Interest Coverage of 64.94 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Okuma and its competitors. This is 74% below median its historical median of 253.40. Over the past decade, Okuma's Interest Coverage has ranged from 102.01 to 501.36. According to the industry distribution chart, Okuma ranks #430 out of 2325 companies in the Industrial Products industry, placing it in the top 18.5%.
Is Okuma's Interest Coverage too high?
Okuma's current Interest Coverage of 64.94 is 74% below median its 10-year median of 253.40. Over the past 10 years, this metric has ranged from a low of 102.01 to a high of 501.36. The Industrial Products industry median Interest Coverage is 14.80. Okuma's value of 64.94 is 338.8% above this industry median. Based on the distribution chart, Okuma ranks #430 out of 2325 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Okuma has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Okuma's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Okuma ranks #430 out of 2325 companies for Interest Coverage. This places Okuma in the top 19% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.80. Okuma's value of 64.94 is 338.8% above this benchmark. Historically, Okuma's own Interest Coverage has ranged from 102.01 to 501.36 over the past decade. While the company's 10-year median is 253.40 vs. the industry median of 14.80, Okuma 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. Okuma's current Interest Coverage of 64.94 is 338.8% 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 Okuma 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. Okuma's current Interest Coverage is 64.94, which is 74% below median its own 10-year median of 253.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okuma stock overvalued right now?
Okuma (NGO:6103) has a current Interest Coverage of 64.94. The stock's GF Value™ is 円3,027.99, compared to a current price of 円3,525.00 — trading 16.4% above its estimated fair value. The current Interest Coverage is 64.94, which is 74% below median its 10-year median of 253.40 and 338.8% above the Industrial Products industry median of 14.80. Okuma's overall GF Score™ is 91/100 with 1 warning sign 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 Okuma (NGO:6103), the current Interest Coverage is 64.94 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 Okuma (NGO:6103) Overvalued in 2026?
Based on GuruFocus' analysis, Okuma stock appears to be overvalued.
The current stock price of 円3,525.00 is trading 16.4% above its estimated GF Value™ of 円3,027.99.
Key valuation signals for NGO:6103:
Interest Coverage: 64.94 (74% below median its 10-year median of 253.40)
GF Value™: 円3,027.99 vs. price of 円3,525.00 (16.4% above fair value)
Industry Position: 338.8% above the Industrial Products median (#430 of 2325)
No single metric tells the full story. See the NGO:6103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Okuma Corp is a Japan-based company that manufactures machine tools. The company's product portfolio comprises CNC lathes, aluminum wheel applications, horizontal multitasking machines, machining centers, and so on. In addition, the company provides other solutions including applications, system technologies, aftersales services, and others. The company has a number of subsidiaries overseas, including Okuma America Corp. (America), Okuma Europe GmbH (Germany), Okuma Machine Tool (Shanghai) Co., Ltd (China), BYJC Okuma (Beijing) Machine Tool Co., Ltd (China) and Tatung-Okuma Co., Ltd (Taiwan). In the domestic market, the company primarily operates through Nippon Seiki Shokai and Okuma Kosan Corp. The company generates around half of its revenue from overseas markets.
91GF Score
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