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. Nishimatsu Construction Co's
Operating Income
for the
three
months ended in Mar. 2026 was 円11,183 Mil. Nishimatsu Construction Co's Interest Expense for the
three
months ended in Mar. 2026 was 円-764 Mil.
Nishimatsu Construction Co's interest coverage for the quarter that ended in Mar. 2026 was 14.64.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Nishimatsu Construction Co's Interest Coverage or its related term are showing as below:
TSE:1820'
s Interest Coverage Range Over the Past 10 Years
Min: 12.11 Med: 44.01 Max: 56.78
Current: 12.11
TSE:1820's Interest Coverage is ranked better than 59.85% of 1350
companies
in the Construction industry
Industry Median: 7.94
vs TSE:1820: 12.11
Nishimatsu Construction Co (TSE:1820) 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 .
Nishimatsu Construction Co Interest Coverage Related Terms
Nishimatsu Construction Co Interest Coverage Historical Data
* 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.
Nishimatsu Construction Co Interest Coverage Chart
TSE:1820 vs PWR, FIX, EME: Interest Coverage Comparison
For the Engineering & Construction subindustry, Nishimatsu 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.
Nishimatsu Construction Co Interest Coverage vs Construction Industry
For the Construction industry and Industrials sector, Nishimatsu Construction Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Nishimatsu Construction Co's Interest Coverage falls into.
Nishimatsu 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:
* 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.
Nishimatsu Construction Co (TSE:1820) has a Interest Coverage of 14.64 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nishimatsu Construction Co and its competitors. This is 67% below median its historical median of 44.01. Over the past decade, Nishimatsu Construction Co's Interest Coverage has ranged from 12.11 to 56.78. According to the industry distribution chart, Nishimatsu Construction Co ranks #542 out of 1350 companies in the Construction industry, placing it in the top 40.1%.
Is Nishimatsu Construction Co's Interest Coverage too high?
Nishimatsu Construction Co's current Interest Coverage of 14.64 is 67% below median its 10-year median of 44.01. Over the past 10 years, this metric has ranged from a low of 12.11 to a high of 56.78. The Construction industry median Interest Coverage is 7.94. Nishimatsu Construction Co's value of 14.64 is 84.4% above this industry median. Based on the distribution chart, Nishimatsu Construction Co ranks #542 out of 1350 companies in the Construction industry, which is above the industry midpoint. Overall, Nishimatsu Construction Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nishimatsu Construction Co's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Nishimatsu Construction Co ranks #542 out of 1350 companies for Interest Coverage. This puts Nishimatsu Construction Co in the upper half of its industry. The industry median Interest Coverage is 7.94. Nishimatsu Construction Co's value of 14.64 is 84.4% above this benchmark. Historically, Nishimatsu Construction Co's own Interest Coverage has ranged from 12.11 to 56.78 over the past decade. While the company's 10-year median is 44.01 vs. the industry median of 7.94, Nishimatsu 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 1,350 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. Nishimatsu Construction Co's current Interest Coverage of 14.64 is 84.4% 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 Nishimatsu 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. Nishimatsu Construction Co's current Interest Coverage is 14.64, which is 67% below median its own 10-year median of 44.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nishimatsu Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Nishimatsu Construction Co (TSE:1820) is currently considered Fairly Valued. The stock's GF Value™ is 円5,250.30, compared to a current price of 円5,287.00 — trading 0.7% above its estimated fair value. The current Interest Coverage is 14.64, which is 67% below median its 10-year median of 44.01 and 84.4% above the Construction industry median of 7.94. Nishimatsu Construction Co's overall GF Score™ is 83/100 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 Nishimatsu Construction Co (TSE:1820), the current Interest Coverage is 14.64 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 Nishimatsu Construction Co (TSE:1820) Overvalued in 2026?
Based on GuruFocus' analysis, Nishimatsu Construction Co stock appears to be overvalued.
The current stock price of 円5,287.00 is trading 0.7% above its estimated GF Value™ of 円5,250.30.
GuruFocus considers Nishimatsu Construction Co to be Fairly Valued.
Key valuation signals for TSE:1820:
Interest Coverage: 14.64 (67% below median its 10-year median of 44.01)
GF Value™: 円5,250.30 vs. price of 円5,287.00 (0.7% above fair value)
Industry Position: 84.4% above the Construction median (#542 of 1350)
No single metric tells the full story. See the TSE:1820 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nishimatsu Construction Co Ltd is a Japanese construction and real estate business. The company operates through three segments: civil engineering, building construction, real estate, and others. Together, the civil engineering and building construction segments generate the vast majority of consolidated revenue, and design and construct harbours, airports, highways, dams, tunnels, railways, high-rise buildings, and power plants. The company principally operates in Japan and across Asia, and derives the majority of revenue domestically.
83GF Score
Get the complete analysis for TSE:1820
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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