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Raytron Technology CoSHSE:688002 -0.99%88 Interest Coverage is 43.67 as of Mar. 2026, which is 11% below its 10-year median of 49.06. GuruFocus rates SHSE:688002 with a GF Score™ of 88/100 and a GF Value™ of ¥94.24 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,677 Hardware companies, Raytron Technology Co ranks better than 65.24% 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. Raytron Technology Co's
Operating Income
for the
three
months ended in Mar. 2026 was ¥580 Mil. Raytron Technology Co's Interest Expense for the
three
months ended in Mar. 2026 was ¥-13 Mil.
Raytron Technology Co's interest coverage for the quarter that ended in Mar. 2026 was 43.67.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Raytron Technology Co's Interest Coverage or its related term are showing as below:
SHSE:688002'
s Interest Coverage Range Over the Past 10 Years
Min: 0.82 Med: 49.06 Max: 4144.11
Current: 31.4
SHSE:688002's Interest Coverage is ranked better than 65.24% of 1677
companies
in the Hardware industry
Industry Median: 13.68
vs SHSE:688002: 31.40
Raytron Technology Co (SHSE:688002) 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 .
Raytron Technology Co Interest Coverage Related Terms
Raytron Technology Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Raytron Technology 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:688002 vs APH, GLW: Interest Coverage Comparison
For the Electronic Components subindustry, Raytron Technology 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.
Raytron Technology Co Interest Coverage vs Hardware Industry
For the Hardware industry and Technology sector, Raytron Technology Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Raytron Technology Co's Interest Coverage falls into.
Raytron Technology 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.
Raytron Technology Co (SHSE:688002) has a Interest Coverage of 43.67 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Raytron Technology Co and its competitors. This is 11% below median its historical median of 49.06. Over the past decade, Raytron Technology Co's Interest Coverage has ranged from 0.82 to 4,144.11. According to the industry distribution chart, Raytron Technology Co ranks #583 out of 1677 companies in the Hardware industry, placing it in the top 34.8%.
Is Raytron Technology Co's Interest Coverage too high?
Raytron Technology Co's current Interest Coverage of 43.67 is 11% below median its 10-year median of 49.06. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 4,144.11. The Hardware industry median Interest Coverage is 13.68. Raytron Technology Co's value of 43.67 is 219.2% above this industry median. Based on the distribution chart, Raytron Technology Co ranks #583 out of 1677 companies in the Hardware industry, which is above the industry midpoint. Overall, Raytron Technology Co has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Raytron Technology Co's Interest Coverage compare to APH and GLW?
According to the Hardware industry distribution chart, Raytron Technology Co ranks #583 out of 1677 companies for Interest Coverage. This puts Raytron Technology Co in the upper half of its industry. The industry median Interest Coverage is 13.68. Raytron Technology Co's value of 43.67 is 219.2% above this benchmark. Historically, Raytron Technology Co's own Interest Coverage has ranged from 0.82 to 4,144.11 over the past decade. While the company's 10-year median is 49.06 vs. the industry median of 13.68, Raytron Technology 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 Hardware company?
The median Interest Coverage among Hardware companies is 13.68, based on 1,677 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. Raytron Technology Co's current Interest Coverage of 43.67 is 219.2% 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 Raytron Technology Co and its competitors. For the Hardware industry, the median Interest Coverage is 13.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raytron Technology Co's current Interest Coverage is 43.67, which is 11% below median its own 10-year median of 49.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raytron Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Raytron Technology Co (SHSE:688002) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥94.24, compared to a current price of ¥134.53 — trading 42.8% above its estimated fair value. The current Interest Coverage is 43.67, which is 11% below median its 10-year median of 49.06 and 219.2% above the Hardware industry median of 13.68. Raytron Technology Co's overall GF Score™ is 88/100 with 5 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 Raytron Technology Co (SHSE:688002), the current Interest Coverage is 43.67 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 Raytron Technology Co (SHSE:688002) Overvalued in 2026?
Based on GuruFocus' analysis, Raytron Technology Co stock appears to be overvalued.
The current stock price of ¥134.53 is trading 42.8% above its estimated GF Value™ of ¥94.24.
GuruFocus considers Raytron Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:688002:
Interest Coverage: 43.67 (11% below median its 10-year median of 49.06)
GF Value™: ¥94.24 vs. price of ¥134.53 (42.8% above fair value)
Industry Position: 219.2% above the Hardware median (#583 of 1677)
No single metric tells the full story. See the SHSE:688002 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Raytron Technology Co Ltd is engaged in the research and development, production and sales of infrared MEMS chips, detectors, movements and complete machines.
88GF Score
Get the complete analysis for SHSE:688002
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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