Neway Valve (Suzhou) CoSHSE:603699 -4.96%91 Interest Coverage is 41.97 as of Mar. 2026, which is 35% above its 10-year median of 31.18. GuruFocus rates SHSE:603699 with a GF Score™ of 91/100 and a GF Value™ of ¥32.18 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,322 Industrial Products companies, Neway Valve (Suzhou) Co ranks better than 72.48% 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. Neway Valve (Suzhou) Co's
Operating Income
for the
three
months ended in Mar. 2026 was ¥469 Mil. Neway Valve (Suzhou) Co's Interest Expense for the
three
months ended in Mar. 2026 was ¥-11 Mil.
Neway Valve (Suzhou) Co's interest coverage for the quarter that ended in Mar. 2026 was 41.97.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Neway Valve (Suzhou) Co's Interest Coverage or its related term are showing as below:
SHSE:603699'
s Interest Coverage Range Over the Past 10 Years
Min: 20.05 Med: 31.18 Max: 51.12
Current: 50.13
SHSE:603699's Interest Coverage is ranked better than 72.48% of 2322
companies
in the Industrial Products industry
Industry Median: 14.735
vs SHSE:603699: 50.13
Neway Valve (Suzhou) Co (SHSE:603699) 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 .
Neway Valve (Suzhou) Co Interest Coverage Related Terms
Neway Valve (Suzhou) Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Neway Valve (Suzhou) 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.
SHSE:603699 vs GEV, ETN, PH: Interest Coverage Comparison
For the Specialty Industrial Machinery subindustry, Neway Valve (Suzhou) 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.
Neway Valve (Suzhou) Co Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Neway Valve (Suzhou) Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Neway Valve (Suzhou) Co's Interest Coverage falls into.
Neway Valve (Suzhou) 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.
Neway Valve (Suzhou) Co (SHSE:603699) has a Interest Coverage of 41.97 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Neway Valve (Suzhou) Co and its competitors. This is 35% above median its historical median of 31.18. Over the past decade, Neway Valve (Suzhou) Co's Interest Coverage has ranged from 20.05 to 51.12. According to the industry distribution chart, Neway Valve (Suzhou) Co ranks #639 out of 2322 companies in the Industrial Products industry, placing it in the top 27.5%.
Is Neway Valve (Suzhou) Co's Interest Coverage too high?
Neway Valve (Suzhou) Co's current Interest Coverage of 41.97 is 35% above median its 10-year median of 31.18. Over the past 10 years, this metric has ranged from a low of 20.05 to a high of 51.12. The Industrial Products industry median Interest Coverage is 14.74. Neway Valve (Suzhou) Co's value of 41.97 is 184.8% above this industry median. Based on the distribution chart, Neway Valve (Suzhou) Co ranks #639 out of 2322 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Neway Valve (Suzhou) Co has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neway Valve (Suzhou) Co's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Neway Valve (Suzhou) Co ranks #639 out of 2322 companies for Interest Coverage. This puts Neway Valve (Suzhou) Co in the upper half of its industry. The industry median Interest Coverage is 14.74. Neway Valve (Suzhou) Co's value of 41.97 is 184.8% above this benchmark. Historically, Neway Valve (Suzhou) Co's own Interest Coverage has ranged from 20.05 to 51.12 over the past decade. While the company's 10-year median is 31.18 vs. the industry median of 14.74, Neway Valve (Suzhou) 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.74, based on 2,322 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. Neway Valve (Suzhou) Co's current Interest Coverage of 41.97 is 184.8% 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 Neway Valve (Suzhou) Co and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neway Valve (Suzhou) Co's current Interest Coverage is 41.97, which is 35% above median its own 10-year median of 31.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neway Valve (Suzhou) Co stock overvalued right now?
Based on GuruFocus' analysis, Neway Valve (Suzhou) Co (SHSE:603699) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥32.18, compared to a current price of ¥44.48 — trading 38.2% above its estimated fair value. The current Interest Coverage is 41.97, which is 35% above median its 10-year median of 31.18 and 184.8% above the Industrial Products industry median of 14.74. Neway Valve (Suzhou) Co's overall GF Score™ is 91/100 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 Neway Valve (Suzhou) Co (SHSE:603699), the current Interest Coverage is 41.97 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 Neway Valve (Suzhou) Co (SHSE:603699) Overvalued in 2026?
Based on GuruFocus' analysis, Neway Valve (Suzhou) Co stock appears to be overvalued.
The current stock price of ¥44.48 is trading 38.2% above its estimated GF Value™ of ¥32.18.
GuruFocus considers Neway Valve (Suzhou) Co to be Significantly Overvalued.
Key valuation signals for SHSE:603699:
Interest Coverage: 41.97 (35% above median its 10-year median of 31.18)
GF Value™: ¥32.18 vs. price of ¥44.48 (38.2% above fair value)
Industry Position: 184.8% above the Industrial Products median (#639 of 2322)
No single metric tells the full story. See the SHSE:603699 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neway Valve (Suzhou) Co Ltd is a manufacturer and exporter of industrial valves. Its main products include Gate valve, globe valve, check valve, Cast steel valves, API602 forged steel valves, API603 stainless steel valves, Cryogenic Valves, Bellows Valves, Floating ball - Steel. Geographically it operates through China, however its business presence is also seen internationally.
91GF Score
Get the complete analysis for SHSE:603699
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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