Japan Exchange Group (STU:OSK) Interest Coverage: 392.15 (As of Mar. 2026) — 45% Below Median


STU:OSK Japan Exchange Group Inc STU:OSK
84 GF Score
Price €10.70
GF Value €10.10
Valuation Fairly Valued
! 8 Warning Signs
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What is Japan Exchange Group Interest Coverage?

Japan Exchange Group STU:OSK -0.93% 84 Interest Coverage is 392.15 as of Mar. 2026, which is 45% below its 10-year median of 716.65. GuruFocus rates STU:OSK with a GF Score™ of 84/100 and a GF Value™ of €10.10 (Fairly Valued). The stock has 8 warning signs investors should review. Among 427 Capital Markets companies, Japan Exchange Group ranks better than 72.13% 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. Japan Exchange Group's Operating Income for the three months ended in Mar. 2026 was €188 Mil. Japan Exchange Group's Interest Expense for the three months ended in Mar. 2026 was €-0 Mil. Japan Exchange Group's interest coverage for the quarter that ended in Mar. 2026 was 392.15. 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. Japan Exchange Group Inc has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Japan Exchange Group's Interest Coverage or its related term are showing as below:

STU:OSK' s Interest Coverage Range Over the Past 10 Years
Min: 389.23   Med: 716.65   Max: 7231.38
Current: 389.23


STU:OSK's Interest Coverage is ranked better than
72.13% of 427 companies
in the Capital Markets industry
Industry Median: 19.12 vs STU:OSK: 389.23

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


Japan Exchange Group  (STU:OSK) 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 .


Japan Exchange Group Interest Coverage Related Terms


Japan Exchange Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for Japan Exchange Group'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.

Japan Exchange Group Interest Coverage Chart

Japan Exchange Group 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 702.71 697.03 796.69 389.16 514.98

Japan Exchange Group 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 373.98 385.70 354.72 424.63 392.15

STU:OSK vs SPGI, CME, ICE: Interest Coverage Comparison

For the Financial Data & Stock Exchanges subindustry, Japan Exchange Group'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.


Japan Exchange Group Interest Coverage vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Japan Exchange Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Japan Exchange Group's Interest Coverage falls into.


STU:OSK
84GF Score
Japan Exchange Group Inc STU:OSK
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Japan Exchange Group 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.

Japan Exchange Group'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, Japan Exchange Group's Interest Expense was €-1 Mil. Its Operating Income was €486 Mil. And its Long-Term Debt & Capital Lease Obligation was €0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*485.625/-0.943
=514.98

Japan Exchange Group's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Japan Exchange Group's Interest Expense was €-0 Mil. Its Operating Income was €188 Mil. And its Long-Term Debt & Capital Lease Obligation was €0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*188.233/-0.48
=392.15

* 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 392.15 mean?
Japan Exchange Group (STU:OSK) has a Interest Coverage of 392.15 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Japan Exchange Group and its competitors. This is 45% below median its historical median of 716.65. Over the past decade, Japan Exchange Group's Interest Coverage has ranged from 389.23 to 7,231.38. According to the industry distribution chart, Japan Exchange Group ranks #119 out of 427 companies in the Capital Markets industry, placing it in the top 27.9%.
Is Japan Exchange Group's Interest Coverage too high?
Japan Exchange Group's current Interest Coverage of 392.15 is 45% below median its 10-year median of 716.65. Over the past 10 years, this metric has ranged from a low of 389.23 to a high of 7,231.38. The Capital Markets industry median Interest Coverage is 19.12. Japan Exchange Group's value of 392.15 is 1951% above this industry median. Based on the distribution chart, Japan Exchange Group ranks #119 out of 427 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Japan Exchange Group has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Exchange Group's Interest Coverage compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Japan Exchange Group ranks #119 out of 427 companies for Interest Coverage. This puts Japan Exchange Group in the upper half of its industry. The industry median Interest Coverage is 19.12. Japan Exchange Group's value of 392.15 is 1951% above this benchmark. Historically, Japan Exchange Group's own Interest Coverage has ranged from 389.23 to 7,231.38 over the past decade. While the company's 10-year median is 716.65 vs. the industry median of 19.12, Japan Exchange Group 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 Capital Markets company?
The median Interest Coverage among Capital Markets companies is 19.12, based on 427 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. Japan Exchange Group's current Interest Coverage of 392.15 is 1951% 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 Japan Exchange Group and its competitors. For the Capital Markets industry, the median Interest Coverage is 19.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Exchange Group's current Interest Coverage is 392.15, which is 45% below median its own 10-year median of 716.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Exchange Group stock overvalued right now?
Based on GuruFocus' analysis, Japan Exchange Group (STU:OSK) is currently considered Fairly Valued. The stock's GF Value™ is €10.10, compared to a current price of €10.70 — trading 5.9% above its estimated fair value. The current Interest Coverage is 392.15, which is 45% below median its 10-year median of 716.65 and 1951% above the Capital Markets industry median of 19.12. Japan Exchange Group's overall GF Score™ is 84/100 with 8 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 Japan Exchange Group (STU:OSK), the current Interest Coverage is 392.15 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 Japan Exchange Group (STU:OSK) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Exchange Group stock appears to be overvalued. The current stock price of €10.70 is trading 5.9% above its estimated GF Value™ of €10.10. GuruFocus considers Japan Exchange Group to be Fairly Valued.

Key valuation signals for STU:OSK:

  • Interest Coverage: 392.15 (45% below median its 10-year median of 716.65)
  • GF Value™: €10.10 vs. price of €10.70 (5.9% above fair value)
  • GF Score™: 84/100 with 8 warning signs
  • Industry Position: 1951% above the Capital Markets median (#119 of 427)

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


Japan Exchange Group Business Description

Address 2-1 Kabutocho, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-8224
Japan Exchange Group is a vertically integrated securities exchange business, which includes the Tokyo Stock Exchange, Osaka Exchange, and Tokyo Commodity Exchange. JPX ranks among the top five largest stock exchange operators in the world by market capitalization, and its Nikkei 225 and Topix derivatives products are some of the most widely traded derivatives products in the world.
84GF Score

Get the complete analysis for STU:OSK

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

€10.70
Price
€10.10
GF Value