SHMWF (ShinMaywa Industries) Interest Coverage: 36.45 (As of Mar. 2026) — 23% Below Median


SHMWF ShinMaywa Industries Ltd SHMWF
81 GF Score
Price $13.30
GF Value $10.23
Valuation Modestly Overvalued
! 1 Warning Sign
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What is ShinMaywa Industries Interest Coverage?

ShinMaywa Industries SHMWF 81 Interest Coverage is 36.45 as of Mar. 2026, which is 23% below its 10-year median of 47.14. GuruFocus rates SHMWF with a GF Score™ of 81/100 and a GF Value™ of $10.23 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 426 Conglomerates companies, ShinMaywa Industries ranks better than 78.64% 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. ShinMaywa Industries's Operating Income for the three months ended in Mar. 2026 was $47 Mil. ShinMaywa Industries's Interest Expense for the three months ended in Mar. 2026 was $-1 Mil. ShinMaywa Industries's interest coverage for the quarter that ended in Mar. 2026 was 36.45. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for ShinMaywa Industries's Interest Coverage or its related term are showing as below:

SHMWF' s Interest Coverage Range Over the Past 10 Years
Min: 22.1   Med: 47.14   Max: 933.43
Current: 22.1


SHMWF's Interest Coverage is ranked better than
78.64% of 426 companies
in the Conglomerates industry
Industry Median: 5.31 vs SHMWF: 22.10

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


ShinMaywa Industries  (OTCPK:SHMWF) 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 .


ShinMaywa Industries Interest Coverage Related Terms


ShinMaywa Industries Interest Coverage Historical Data

* Premium members only.

The historical data trend for ShinMaywa Industries'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.

ShinMaywa Industries Interest Coverage Chart

ShinMaywa Industries 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 51.56 34.05 25.86 30.30 22.10

ShinMaywa Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 37.69 8.20 16.76 24.89 36.45

SHMWF vs HON, MMM: Interest Coverage Comparison

For the Conglomerates subindustry, ShinMaywa 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.


ShinMaywa Industries Interest Coverage vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, ShinMaywa Industries's Interest Coverage distribution charts can be found below:

* The bar in red indicates where ShinMaywa Industries's Interest Coverage falls into.


SHMWF
81GF Score
ShinMaywa Industries Ltd SHMWF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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ShinMaywa 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:

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.

ShinMaywa Industries'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, ShinMaywa Industries's Interest Expense was $-5 Mil. Its Operating Income was $103 Mil. And its Long-Term Debt & Capital Lease Obligation was $221 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*102.903/-4.657
=22.10

ShinMaywa Industries's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, ShinMaywa Industries's Interest Expense was $-1 Mil. Its Operating Income was $47 Mil. And its Long-Term Debt & Capital Lease Obligation was $221 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*47.088/-1.292
=36.45

* 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 36.45 mean?
ShinMaywa Industries (SHMWF) has a Interest Coverage of 36.45 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on ShinMaywa Industries and its competitors. This is 23% below median its historical median of 47.14. Over the past decade, ShinMaywa Industries' Interest Coverage has ranged from 22.10 to 933.43. According to the industry distribution chart, ShinMaywa Industries ranks #91 out of 426 companies in the Conglomerates industry, placing it in the top 21.4%.
Is ShinMaywa Industries' Interest Coverage too high?
ShinMaywa Industries' current Interest Coverage of 36.45 is 23% below median its 10-year median of 47.14. Over the past 10 years, this metric has ranged from a low of 22.10 to a high of 933.43. The Conglomerates industry median Interest Coverage is 5.31. ShinMaywa Industries' value of 36.45 is 586.4% above this industry median. Based on the distribution chart, ShinMaywa Industries ranks #91 out of 426 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, ShinMaywa Industries has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ShinMaywa Industries' Interest Coverage compare to HON and MMM?
According to the Conglomerates industry distribution chart, ShinMaywa Industries ranks #91 out of 426 companies for Interest Coverage. This places ShinMaywa Industries in the top 21% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.31. ShinMaywa Industries' value of 36.45 is 586.4% above this benchmark. Historically, ShinMaywa Industries' own Interest Coverage has ranged from 22.10 to 933.43 over the past decade. While the company's 10-year median is 47.14 vs. the industry median of 5.31, ShinMaywa 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 a Conglomerates company?
The median Interest Coverage among Conglomerates companies is 5.31, based on 426 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. ShinMaywa Industries's current Interest Coverage of 36.45 is 586.4% 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 ShinMaywa Industries and its competitors. For the Conglomerates industry, the median Interest Coverage is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ShinMaywa Industries's current Interest Coverage is 36.45, which is 23% below median its own 10-year median of 47.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ShinMaywa Industries stock overvalued right now?
Based on GuruFocus' analysis, ShinMaywa Industries (SHMWF) is currently considered Modestly Overvalued. The stock's GF Value™ is $10.23, compared to a current price of $13.30 — trading 30% above its estimated fair value. The current Interest Coverage is 36.45, which is 23% below median its 10-year median of 47.14 and 586.4% above the Conglomerates industry median of 5.31. ShinMaywa Industries' overall GF Score™ is 81/100 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 ShinMaywa Industries (SHMWF), the current Interest Coverage is 36.45 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 ShinMaywa Industries (SHMWF) Overvalued in 2026?

Based on GuruFocus' analysis, ShinMaywa Industries stock appears to be overvalued. The current stock price of $13.30 is trading 30% above its estimated GF Value™ of $10.23. GuruFocus considers ShinMaywa Industries to be Modestly Overvalued.

Key valuation signals for SHMWF:

  • Interest Coverage: 36.45 (23% below median its 10-year median of 47.14)
  • GF Value™: $10.23 vs. price of $13.30 (30% above fair value)
  • GF Score™: 81/100 with 1 warning sign
  • Industry Position: 586.4% above the Conglomerates median (#91 of 426)

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


ShinMaywa Industries Business Description

Other Exchanges 7224:Japan
Address 1-1 Shinmeiwa-cho, Takarazuka, Hyogo, JPN, 665-8550
ShinMaywa Industries Ltd manufactures a wide range of products, including parking systems, aircrafts, trucks, and other industrial systems. The company has four operating segments: aircraft, special-purpose truck, industrial machinery and environmental systems, and parking systems. The special-purpose truck segment generates roughly half of total sales and focuses on distributing dump trucks, lifters, compactors, and forestry machinery. The aircraft segment sells amphibian aircraft (capable of open-sea landing and takeoff) and aircraft parts to other manufacturers. Sales to customers located in Japan constitute about three fourths of total revenue.
81GF Score

Get the complete analysis for SHMWF

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

$13.30
Price
$10.23
GF Value