Taiheiyo CementTHYCY 83 Interest Coverage is 8.62 as of Mar. 2026, which is 45% below its 10-year median of 15.74. GuruFocus rates THYCY with a GF Score™ of 83/100 and a GF Value™ of $6.44 (Fairly Valued). The stock has 4 warning signs investors should review. Among 310 Building Materials companies, Taiheiyo Cement ranks better than 64.84% 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. Taiheiyo Cement's
Operating Income
for the
three
months ended in Mar. 2026 was $98 Mil. Taiheiyo Cement's Interest Expense for the
three
months ended in Mar. 2026 was $-11 Mil.
Taiheiyo Cement's interest coverage for the quarter that ended in Mar. 2026 was 8.62.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Taiheiyo Cement's Interest Coverage or its related term are showing as below:
THYCY'
s Interest Coverage Range Over the Past 10 Years
Min: 1.62 Med: 15.74 Max: 21.28
Current: 12.42
THYCY's Interest Coverage is ranked better than 64.84% of 310
companies
in the Building Materials industry
Industry Median: 6.68
vs THYCY: 12.42
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 .
Taiheiyo Cement Interest Coverage Related Terms
Taiheiyo Cement Interest Coverage Historical Data
* Premium members only.
The historical data trend for Taiheiyo Cement'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.
THYCY vs CRH, VMC, MLM: Interest Coverage Comparison
For the Building Materials subindustry, Taiheiyo Cement'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.
Taiheiyo Cement Interest Coverage vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Taiheiyo Cement's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Taiheiyo Cement'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.
Taiheiyo Cement (THYCY) has a Interest Coverage of 8.62 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Taiheiyo Cement and its competitors. This is 45% below median its historical median of 15.74. Over the past decade, Taiheiyo Cement's Interest Coverage has ranged from 1.62 to 21.28. According to the industry distribution chart, Taiheiyo Cement ranks #109 out of 310 companies in the Building Materials industry, placing it in the top 35.2%.
Is Taiheiyo Cement's Interest Coverage too high?
Taiheiyo Cement's current Interest Coverage of 8.62 is 45% below median its 10-year median of 15.74. Over the past 10 years, this metric has ranged from a low of 1.62 to a high of 21.28. The Building Materials industry median Interest Coverage is 6.68. Taiheiyo Cement's value of 8.62 is 29% above this industry median. Based on the distribution chart, Taiheiyo Cement ranks #109 out of 310 companies in the Building Materials industry, which is above the industry midpoint. Overall, Taiheiyo Cement has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiheiyo Cement's Interest Coverage compare to CRH and VMC?
According to the Building Materials industry distribution chart, Taiheiyo Cement ranks #109 out of 310 companies for Interest Coverage. This puts Taiheiyo Cement in the upper half of its industry. The industry median Interest Coverage is 6.68. Taiheiyo Cement's value of 8.62 is 29% above this benchmark. Historically, Taiheiyo Cement's own Interest Coverage has ranged from 1.62 to 21.28 over the past decade. While the company's 10-year median is 15.74 vs. the industry median of 6.68, Taiheiyo Cement 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 Building Materials company?
The median Interest Coverage among Building Materials companies is 6.68, based on 310 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. Taiheiyo Cement's current Interest Coverage of 8.62 is 29% 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 Taiheiyo Cement and its competitors. For the Building Materials industry, the median Interest Coverage is 6.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiheiyo Cement's current Interest Coverage is 8.62, which is 45% below median its own 10-year median of 15.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiheiyo Cement stock overvalued right now?
Based on GuruFocus' analysis, Taiheiyo Cement (THYCY) is currently considered Fairly Valued. The stock's GF Value™ is $6.44, compared to a current price of $6.82 — trading 5.9% above its estimated fair value. The current Interest Coverage is 8.62, which is 45% below median its 10-year median of 15.74 and 29% above the Building Materials industry median of 6.68. Taiheiyo Cement's overall GF Score™ is 83/100 with 4 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 Taiheiyo Cement (THYCY), the current Interest Coverage is 8.62 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 Taiheiyo Cement (THYCY) Overvalued in 2026?
Based on GuruFocus' analysis, Taiheiyo Cement stock appears to be overvalued.
The current stock price of $6.82 is trading 5.9% above its estimated GF Value™ of $6.44.
GuruFocus considers Taiheiyo Cement to be Fairly Valued.
Key valuation signals for THYCY:
Interest Coverage: 8.62 (45% below median its 10-year median of 15.74)
GF Value™: $6.44 vs. price of $6.82 (5.9% above fair value)
Industry Position: 29% above the Building Materials median (#109 of 310)
No single metric tells the full story. See the THYCY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiheiyo Cement Corp is a Japan-based company mainly engaged in the manufacture and sale of cement products. The company operates through four main segments. The Building Materials and Civil Engineering segment handles secondary concrete products and ALC (lightweight aerated concrete). The Cement segment covers various cement types and ready-mixed concrete. The Environmental Business focuses on waste recycling and desulfurization materials. The Resources segment deals with aggregates and limestone products. The Others segment includes real estate, engineering, information processing, finance, transportation, warehousing, chemical products, sports, and power supply. It generates the majority of its revenue from the Cement segment.
83GF Score
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