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Midac Holdings CoNGO:6564 90 Interest Coverage is 27.91 as of Mar. 2026, which is 12% below its 10-year median of 31.83. GuruFocus rates NGO:6564 with a GF Score™ of 90/100 and a GF Value™ of 円2,424.58. The stock has 2 warning signs investors should review. Among 166 Waste Management companies, Midac Holdings Co ranks better than 80.12% 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. Midac Holdings Co's
Operating Income
for the
three
months ended in Mar. 2026 was 円1,351 Mil. Midac Holdings Co's Interest Expense for the
three
months ended in Mar. 2026 was 円-48 Mil.
Midac Holdings Co's interest coverage for the quarter that ended in Mar. 2026 was 27.91.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Midac Holdings Co's Interest Coverage or its related term are showing as below:
NGO:6564'
s Interest Coverage Range Over the Past 10 Years
Min: 11.79 Med: 31.83 Max: 40.05
Current: 27.41
NGO:6564's Interest Coverage is ranked better than 80.12% of 166
companies
in the Waste Management industry
Industry Median: 6.14
vs NGO:6564: 27.41
Midac Holdings Co (NGO:6564) 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 .
Midac Holdings Co Interest Coverage Related Terms
Midac Holdings Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Midac Holdings 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:6564 vs WM, RSG, WCN: Interest Coverage Comparison
For the Waste Management subindustry, Midac Holdings 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.
Midac Holdings Co Interest Coverage vs Waste Management Industry
For the Waste Management industry and Industrials sector, Midac Holdings Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Midac Holdings Co'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.
Midac Holdings Co (NGO:6564) has a Interest Coverage of 27.91 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Midac Holdings Co and its competitors. This is 12% below median its historical median of 31.83. Over the past decade, Midac Holdings Co's Interest Coverage has ranged from 11.79 to 40.05. According to the industry distribution chart, Midac Holdings Co ranks #33 out of 166 companies in the Waste Management industry, placing it in the top 19.9%.
Is Midac Holdings Co's Interest Coverage too high?
Midac Holdings Co's current Interest Coverage of 27.91 is 12% below median its 10-year median of 31.83. Over the past 10 years, this metric has ranged from a low of 11.79 to a high of 40.05. The Waste Management industry median Interest Coverage is 6.14. Midac Holdings Co's value of 27.91 is 354.6% above this industry median. Based on the distribution chart, Midac Holdings Co ranks #33 out of 166 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Midac Holdings Co has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Midac Holdings Co's Interest Coverage compare to WM and RSG?
According to the Waste Management industry distribution chart, Midac Holdings Co ranks #33 out of 166 companies for Interest Coverage. This places Midac Holdings Co in the top 20% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 6.14. Midac Holdings Co's value of 27.91 is 354.6% above this benchmark. Historically, Midac Holdings Co's own Interest Coverage has ranged from 11.79 to 40.05 over the past decade. While the company's 10-year median is 31.83 vs. the industry median of 6.14, Midac Holdings 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 Waste Management company?
The median Interest Coverage among Waste Management companies is 6.14, based on 166 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. Midac Holdings Co's current Interest Coverage of 27.91 is 354.6% 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 Midac Holdings Co and its competitors. For the Waste Management industry, the median Interest Coverage is 6.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Midac Holdings Co's current Interest Coverage is 27.91, which is 12% below median its own 10-year median of 31.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Midac Holdings Co stock overvalued right now?
Midac Holdings Co (NGO:6564) has a current Interest Coverage of 27.91. The stock's GF Value™ is 円2,424.58, compared to a current price of 円2,160.00 — trading 10.9% below its estimated fair value. The current Interest Coverage is 27.91, which is 12% below median its 10-year median of 31.83 and 354.6% above the Waste Management industry median of 6.14. Midac Holdings Co's overall GF Score™ is 90/100 with 2 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 Midac Holdings Co (NGO:6564), the current Interest Coverage is 27.91 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 Midac Holdings Co (NGO:6564) Overvalued in 2026?
Based on GuruFocus' analysis, Midac Holdings Co stock appears to be undervalued.
The current stock price of 円2,160.00 is trading 10.9% below its estimated GF Value™ of 円2,424.58.
Key valuation signals for NGO:6564:
Interest Coverage: 27.91 (12% below median its 10-year median of 31.83)
GF Value™: 円2,424.58 vs. price of 円2,160.00 (10.9% below fair value)
Industry Position: 354.6% above the Waste Management median (#33 of 166)
No single metric tells the full story. See the NGO:6564 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Midac Holdings Co Ltd is engaged in the waste disposal business. It engages in the collection, transportation, and disposal of industrial waste, specially controlled industrial waste, and business-related general waste, household-related general waste, and consignment from local governments. It is also engaged in the recycling business.
90GF Score
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