Matsui Construction Co (TSE:1810) Interest Coverage: 280.36 (As of Mar. 2026) — 42% Above Median

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TSE:1810 Matsui Construction Co Ltd TSE:1810
63 GF Score
Price 円1,452.00
GF Value 円914.70
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Matsui Construction Co Interest Coverage?

Matsui Construction Co TSE:1810 -0.21% 63 Interest Coverage is 280.36 as of Mar. 2026, which is 42% above its 10-year median of 197.49. GuruFocus rates TSE:1810 with a GF Score™ of 63/100 and a GF Value™ of 円914.70 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,358 Construction companies, Matsui Construction Co ranks better than 90.87% 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. Matsui Construction Co's Operating Income for the six months ended in Mar. 2026 was 円3,084 Mil. Matsui Construction Co's Interest Expense for the six months ended in Mar. 2026 was 円-11 Mil. Matsui Construction Co's interest coverage for the quarter that ended in Mar. 2026 was 280.36. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Matsui Construction Co Ltd has no debt.

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

TSE:1810' s Interest Coverage Range Over the Past 10 Years
Min: 16.56   Med: 197.49   Max: 497.16
Current: 217.69


TSE:1810's Interest Coverage is ranked better than
90.87% of 1358 companies
in the Construction industry
Industry Median: 7.94 vs TSE:1810: 217.69

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


Matsui Construction Co  (TSE:1810) 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 .


Matsui Construction Co Interest Coverage Related Terms


Matsui Construction Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Matsui Construction 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.

Matsui Construction Co Interest Coverage Chart

Matsui Construction Co 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 201.25 189.00 16.56 71.98 217.69

Matsui Construction Co Semi-Annual Data
Sep16 Mar17 Sep17 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 Premium Member Only Premium Member Only Premium Member Only 0.00 25.19 96.13 171.73 280.36

TSE:1810 vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, Matsui Construction 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.


Matsui Construction Co Interest Coverage vs Construction Industry

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

* The bar in red indicates where Matsui Construction Co's Interest Coverage falls into.


TSE:1810
63GF Score
Matsui Construction Co Ltd TSE:1810
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Matsui Construction 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.

Matsui Construction 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, Matsui Construction Co's Interest Expense was 円-26 Mil. Its Operating Income was 円5,660 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*5660/-26
=217.69

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

Here, for the six months ended in Mar. 2026, Matsui Construction Co's Interest Expense was 円-11 Mil. Its Operating Income was 円3,084 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*3084/-11
=280.36

* 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 280.36 mean?
Matsui Construction Co (TSE:1810) has a Interest Coverage of 280.36 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Matsui Construction Co and its competitors. This is 42% above median its historical median of 197.49. Over the past decade, Matsui Construction Co's Interest Coverage has ranged from 16.56 to 497.16. According to the industry distribution chart, Matsui Construction Co ranks #124 out of 1358 companies in the Construction industry, placing it in the top 9.1%.
Is Matsui Construction Co's Interest Coverage too high?
Matsui Construction Co's current Interest Coverage of 280.36 is 42% above median its 10-year median of 197.49. Over the past 10 years, this metric has ranged from a low of 16.56 to a high of 497.16. The Construction industry median Interest Coverage is 7.94. Matsui Construction Co's value of 280.36 is 3431% above this industry median. Based on the distribution chart, Matsui Construction Co ranks #124 out of 1358 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Matsui Construction Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Matsui Construction Co's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Matsui Construction Co ranks #124 out of 1358 companies for Interest Coverage. This places Matsui Construction Co in the top 9% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 7.94. Matsui Construction Co's value of 280.36 is 3431% above this benchmark. Historically, Matsui Construction Co's own Interest Coverage has ranged from 16.56 to 497.16 over the past decade. While the company's 10-year median is 197.49 vs. the industry median of 7.94, Matsui Construction 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 7.94, based on 1,358 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. Matsui Construction Co's current Interest Coverage of 280.36 is 3431% 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 Matsui Construction Co and its competitors. For the Construction industry, the median Interest Coverage is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Matsui Construction Co's current Interest Coverage is 280.36, which is 42% above median its own 10-year median of 197.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matsui Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Matsui Construction Co (TSE:1810) is currently considered Significantly Overvalued. The stock's GF Value™ is 円914.70, compared to a current price of 円1,452.00 — trading 58.7% above its estimated fair value. The current Interest Coverage is 280.36, which is 42% above median its 10-year median of 197.49 and 3431% above the Construction industry median of 7.94. Matsui Construction Co's overall GF Score™ is 63/100 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 Matsui Construction Co (TSE:1810), the current Interest Coverage is 280.36 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 Matsui Construction Co (TSE:1810) Overvalued in 2026?

Based on GuruFocus' analysis, Matsui Construction Co stock appears to be overvalued. The current stock price of 円1,452.00 is trading 58.7% above its estimated GF Value™ of 円914.70. GuruFocus considers Matsui Construction Co to be Significantly Overvalued.

Key valuation signals for TSE:1810:

  • Interest Coverage: 280.36 (42% above median its 10-year median of 197.49)
  • GF Value™: 円914.70 vs. price of 円1,452.00 (58.7% above fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 3431% above the Construction median (#124 of 1358)

No single metric tells the full story. See the TSE:1810 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Matsui Construction Co Business Description

Address 1-17-22 Shinkawa, Chuo-ku, Tokyo, JPN, 104-8281
Matsui Construction Co Ltd is engaged in the designing, supervision and contracting of civil engineering and architecture, sawing and wood working, manufacturing and sale of building materials and others.
63GF Score

Get the complete analysis for TSE:1810

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

円1,452.00
Price
円914.70
GF Value