Fudo Tetra (TSE:1813) Interest Coverage: 17.02 (As of Mar. 2026) — 87% 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:1813 Fudo Tetra Corp TSE:1813
81 GF Score
Price 円2,684.00
GF Value 円2,722.61
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Fudo Tetra Interest Coverage?

Fudo Tetra TSE:1813 -2.33% 81 Interest Coverage is 17.02 as of Mar. 2026, which is 87% below its 10-year median of 133.12. GuruFocus rates TSE:1813 with a GF Score™ of 81/100 and a GF Value™ of 円2,722.61 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,358 Construction companies, Fudo Tetra ranks better than 78.94% 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. Fudo Tetra's Operating Income for the three months ended in Mar. 2026 was 円868 Mil. Fudo Tetra's Interest Expense for the three months ended in Mar. 2026 was 円-51 Mil. Fudo Tetra's interest coverage for the quarter that ended in Mar. 2026 was 17.02. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Fudo Tetra's Interest Coverage or its related term are showing as below:

TSE:1813' s Interest Coverage Range Over the Past 10 Years
Min: 37.94   Med: 133.12   Max: 205.41
Current: 43.84


TSE:1813's Interest Coverage is ranked better than
78.94% of 1358 companies
in the Construction industry
Industry Median: 7.94 vs TSE:1813: 43.84

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


Fudo Tetra  (TSE:1813) 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 .


Fudo Tetra Interest Coverage Related Terms


Fudo Tetra Interest Coverage Historical Data

* Premium members only.

The historical data trend for Fudo Tetra'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.

Fudo Tetra Interest Coverage Chart

Fudo Tetra 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 143.39 105.94 37.94 42.92 43.84

Fudo Tetra 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 24.94 37.00 44.04 90.76 17.02

TSE:1813 vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, Fudo Tetra'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.


Fudo Tetra Interest Coverage vs Construction Industry

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

* The bar in red indicates where Fudo Tetra's Interest Coverage falls into.


TSE:1813
81GF Score
Fudo Tetra Corp TSE:1813
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fudo Tetra 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.

Fudo Tetra'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, Fudo Tetra's Interest Expense was 円-135 Mil. Its Operating Income was 円5,919 Mil. And its Long-Term Debt & Capital Lease Obligation was 円797 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*5919/-135
=43.84

Fudo Tetra's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Fudo Tetra's Interest Expense was 円-51 Mil. Its Operating Income was 円868 Mil. And its Long-Term Debt & Capital Lease Obligation was 円797 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*868/-51
=17.02

* 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 17.02 mean?
Fudo Tetra (TSE:1813) has a Interest Coverage of 17.02 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Fudo Tetra and its competitors. This is 87% below median its historical median of 133.12. Over the past decade, Fudo Tetra's Interest Coverage has ranged from 37.94 to 205.41. According to the industry distribution chart, Fudo Tetra ranks #286 out of 1358 companies in the Construction industry, placing it in the top 21.1%.
Is Fudo Tetra's Interest Coverage too high?
Fudo Tetra's current Interest Coverage of 17.02 is 87% below median its 10-year median of 133.12. Over the past 10 years, this metric has ranged from a low of 37.94 to a high of 205.41. The Construction industry median Interest Coverage is 7.94. Fudo Tetra's value of 17.02 is 114.4% above this industry median. Based on the distribution chart, Fudo Tetra ranks #286 out of 1358 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Fudo Tetra has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fudo Tetra's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Fudo Tetra ranks #286 out of 1358 companies for Interest Coverage. This places Fudo Tetra in the top 21% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 7.94. Fudo Tetra's value of 17.02 is 114.4% above this benchmark. Historically, Fudo Tetra's own Interest Coverage has ranged from 37.94 to 205.41 over the past decade. While the company's 10-year median is 133.12 vs. the industry median of 7.94, Fudo Tetra 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. Fudo Tetra's current Interest Coverage of 17.02 is 114.4% 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 Fudo Tetra 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. Fudo Tetra's current Interest Coverage is 17.02, which is 87% below median its own 10-year median of 133.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fudo Tetra stock overvalued right now?
Based on GuruFocus' analysis, Fudo Tetra (TSE:1813) is currently considered Fairly Valued. The stock's GF Value™ is 円2,722.61, compared to a current price of 円2,684.00 — trading 1.4% below its estimated fair value. The current Interest Coverage is 17.02, which is 87% below median its 10-year median of 133.12 and 114.4% above the Construction industry median of 7.94. Fudo Tetra's overall GF Score™ is 81/100 with 1 warning sign 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 Fudo Tetra (TSE:1813), the current Interest Coverage is 17.02 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 Fudo Tetra (TSE:1813) Overvalued in 2026?

Based on GuruFocus' analysis, Fudo Tetra stock appears to be undervalued. The current stock price of 円2,684.00 is trading 1.4% below its estimated GF Value™ of 円2,722.61. GuruFocus considers Fudo Tetra to be Fairly Valued.

Key valuation signals for TSE:1813:

  • Interest Coverage: 17.02 (87% below median its 10-year median of 133.12)
  • GF Value™: 円2,722.61 vs. price of 円2,684.00 (1.4% below fair value)
  • GF Score™: 81/100 with 1 warning sign
  • Industry Position: 114.4% above the Construction median (#286 of 1358)

No single metric tells the full story. See the TSE:1813 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fudo Tetra Business Description

Address 7-2, Nihonbashi-koami-cho, 11th Floor, Pentel Building, Chuo-ku, Tokyo, JPN, 103-0016
Fudo Tetra Corp is engaged in the business of construction work. It operates through three businesses. Its Civil Engineering business is involved in the construction of civil engineering sectors such as roads, railways, dams and rivers, water and sewage, and energy facilities, as well as ports and airports, fishing harbors, coasts, and artificial islands. The Ground Improvement business specializes in ground development work. Its Block and Environment business consist of leasing products for wave-dissipating block and foot protection use.
81GF Score

Get the complete analysis for TSE:1813

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

円2,684.00
Price
円2,722.61
GF Value