Giken Holdings Co (TSE:1443) Interest Coverage: 15.21 (As of Mar. 2026) — 12% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:1443 Giken Holdings Co Ltd TSE:1443
66 GF Score
Price 円254.00
GF Value 円185.24
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Giken Holdings Co Interest Coverage?

Giken Holdings Co TSE:1443 +0.79% 66 Interest Coverage is 15.21 as of Mar. 2026, which is 12% below its 10-year median of 17.22. GuruFocus rates TSE:1443 with a GF Score™ of 66/100 and a GF Value™ of 円185.24 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,360 Construction companies, Giken Holdings Co ranks better than 63.09% 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. Giken Holdings Co's Operating Income for the six months ended in Mar. 2026 was 円339 Mil. Giken Holdings Co's Interest Expense for the six months ended in Mar. 2026 was 円-22 Mil. Giken Holdings Co's interest coverage for the quarter that ended in Mar. 2026 was 15.21. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Giken Holdings Co's Interest Coverage or its related term are showing as below:

TSE:1443' s Interest Coverage Range Over the Past 10 Years
Min: 9.15   Med: 17.22   Max: 66.85
Current: 15.02


TSE:1443's Interest Coverage is ranked better than
63.09% of 1360 companies
in the Construction industry
Industry Median: 7.81 vs TSE:1443: 15.02

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


Giken Holdings Co  (TSE:1443) 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 .


Giken Holdings Co Interest Coverage Related Terms


Giken Holdings Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Giken Holdings 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.

Giken Holdings Co Interest Coverage Chart

Giken Holdings Co Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 24.90 9.15 10.62 11.55 15.02

Giken Holdings Co Semi-Annual Data
Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 13.14 8.19 15.07 14.85 15.21

TSE:1443 vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, Giken Holdings 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.


Giken Holdings Co Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Giken Holdings Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Giken Holdings Co's Interest Coverage falls into.


TSE:1443
66GF Score
Giken Holdings Co Ltd TSE:1443
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Giken Holdings 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:

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.

Giken Holdings Co'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, Giken Holdings Co's Interest Expense was 円-47 Mil. Its Operating Income was 円702 Mil. And its Long-Term Debt & Capital Lease Obligation was 円2,037 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*701.695/-46.703
=15.02

Giken Holdings Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Giken Holdings Co's Interest Expense was 円-22 Mil. Its Operating Income was 円339 Mil. And its Long-Term Debt & Capital Lease Obligation was 円2,037 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*338.703/-22.267
=15.21

* 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 15.21 mean?
Giken Holdings Co (TSE:1443) has a Interest Coverage of 15.21 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Giken Holdings Co and its competitors. This is 12% below median its historical median of 17.22. Over the past decade, Giken Holdings Co's Interest Coverage has ranged from 9.15 to 66.85. According to the industry distribution chart, Giken Holdings Co ranks #502 out of 1360 companies in the Construction industry, placing it in the top 36.9%.
Is Giken Holdings Co's Interest Coverage too high?
Giken Holdings Co's current Interest Coverage of 15.21 is 12% below median its 10-year median of 17.22. Over the past 10 years, this metric has ranged from a low of 9.15 to a high of 66.85. The Construction industry median Interest Coverage is 7.81. Giken Holdings Co's value of 15.21 is 94.8% above this industry median. Based on the distribution chart, Giken Holdings Co ranks #502 out of 1360 companies in the Construction industry, which is above the industry midpoint. Overall, Giken Holdings Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Giken Holdings Co's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Giken Holdings Co ranks #502 out of 1360 companies for Interest Coverage. This puts Giken Holdings Co in the upper half of its industry. The industry median Interest Coverage is 7.81. Giken Holdings Co's value of 15.21 is 94.8% above this benchmark. Historically, Giken Holdings Co's own Interest Coverage has ranged from 9.15 to 66.85 over the past decade. While the company's 10-year median is 17.22 vs. the industry median of 7.81, Giken Holdings 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 Construction company?
The median Interest Coverage among Construction companies is 7.81, based on 1,360 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. Giken Holdings Co's current Interest Coverage of 15.21 is 94.8% 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 Giken Holdings Co and its competitors. For the Construction industry, the median Interest Coverage is 7.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Giken Holdings Co's current Interest Coverage is 15.21, which is 12% below median its own 10-year median of 17.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Giken Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Giken Holdings Co (TSE:1443) is currently considered Significantly Overvalued. The stock's GF Value™ is 円185.24, compared to a current price of 円254.00 — trading 37.1% above its estimated fair value. The current Interest Coverage is 15.21, which is 12% below median its 10-year median of 17.22 and 94.8% above the Construction industry median of 7.81. Giken Holdings Co's overall GF Score™ is 66/100 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 Giken Holdings Co (TSE:1443), the current Interest Coverage is 15.21 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 Giken Holdings Co (TSE:1443) Overvalued in 2026?

Based on GuruFocus' analysis, Giken Holdings Co stock appears to be overvalued. The current stock price of 円254.00 is trading 37.1% above its estimated GF Value™ of 円185.24. GuruFocus considers Giken Holdings Co to be Significantly Overvalued.

Key valuation signals for TSE:1443:

  • Interest Coverage: 15.21 (12% below median its 10-year median of 17.22)
  • GF Value™: 円185.24 vs. price of 円254.00 (37.1% above fair value)
  • GF Score™: 66/100 with 2 warning signs
  • Industry Position: 94.8% above the Construction median (#502 of 1360)

No single metric tells the full story. See the TSE:1443 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Giken Holdings Co Business Description

Address 17 Higashimatsushitacho, 6th Floor, Head Office Building, Freesia, Kanda, Chiyoda-ku, Tokyo, JPN, 166-0004
Giken Holdings Co Ltd is engaged in the business management of subsidiaries and other industries involved in civil engineering related business, construction, and formwork lending-related business.
66GF Score

Get the complete analysis for TSE:1443

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

円254.00
Price
円185.24
GF Value