Wakachiku Construction Co (TSE:1888) Interest Coverage: 22.54 (As of Mar. 2026) — 39% Below Median

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TSE:1888 Wakachiku Construction Co Ltd TSE:1888
65 GF Score
Price 円3,870.00
GF Value 円4,494.32
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Wakachiku Construction Co Interest Coverage?

Wakachiku Construction Co TSE:1888 -0.39% 65 Interest Coverage is 22.54 as of Mar. 2026, which is 39% below its 10-year median of 37.02. GuruFocus rates TSE:1888 with a GF Score™ of 65/100 and a GF Value™ of 円4,494.32 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,364 Construction companies, Wakachiku Construction Co ranks better than 71.77% 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. Wakachiku Construction Co's Operating Income for the three months ended in Mar. 2026 was 円2,570 Mil. Wakachiku Construction Co's Interest Expense for the three months ended in Mar. 2026 was 円-114 Mil. Wakachiku Construction Co's interest coverage for the quarter that ended in Mar. 2026 was 22.54. The higher the ratio, the stronger the company's financial strength is.

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

TSE:1888' s Interest Coverage Range Over the Past 10 Years
Min: 16.77   Med: 37.02   Max: 50.93
Current: 25.44


TSE:1888's Interest Coverage is ranked better than
71.77% of 1364 companies
in the Construction industry
Industry Median: 7.9 vs TSE:1888: 25.44

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


Wakachiku Construction Co  (TSE:1888) 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 .


Wakachiku Construction Co Interest Coverage Related Terms


Wakachiku Construction Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Wakachiku 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.

Wakachiku Construction Co Interest Coverage Chart

Wakachiku 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 45.26 39.22 50.93 35.27 24.91

Wakachiku Construction Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.12 28.31 35.99 22.54 19.42

TSE:1888 vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, Wakachiku 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.


Wakachiku Construction Co Interest Coverage vs Construction Industry

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

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


TSE:1888
65GF Score
Wakachiku Construction Co Ltd TSE:1888
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wakachiku 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.

Wakachiku 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, Wakachiku Construction Co's Interest Expense was 円-267 Mil. Its Operating Income was 円6,650 Mil. And its Long-Term Debt & Capital Lease Obligation was 円5,430 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*6650/-267
=24.91

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

Here, for the three months ended in Mar. 2026, Wakachiku Construction Co's Interest Expense was 円-114 Mil. Its Operating Income was 円2,570 Mil. And its Long-Term Debt & Capital Lease Obligation was 円5,430 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*2570/-114
=22.54

* 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 22.54 mean?
Wakachiku Construction Co (TSE:1888) has a Interest Coverage of 22.54 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Wakachiku Construction Co and its competitors. This is 39% below median its historical median of 37.02. Over the past decade, Wakachiku Construction Co's Interest Coverage has ranged from 16.77 to 50.93. According to the industry distribution chart, Wakachiku Construction Co ranks #385 out of 1364 companies in the Construction industry, placing it in the top 28.2%.
Is Wakachiku Construction Co's Interest Coverage too high?
Wakachiku Construction Co's current Interest Coverage of 22.54 is 39% below median its 10-year median of 37.02. Over the past 10 years, this metric has ranged from a low of 16.77 to a high of 50.93. The Construction industry median Interest Coverage is 7.90. Wakachiku Construction Co's value of 22.54 is 185.3% above this industry median. Based on the distribution chart, Wakachiku Construction Co ranks #385 out of 1364 companies in the Construction industry, which is above the industry midpoint. Overall, Wakachiku Construction Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wakachiku Construction Co's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Wakachiku Construction Co ranks #385 out of 1364 companies for Interest Coverage. This puts Wakachiku Construction Co in the upper half of its industry. The industry median Interest Coverage is 7.90. Wakachiku Construction Co's value of 22.54 is 185.3% above this benchmark. Historically, Wakachiku Construction Co's own Interest Coverage has ranged from 16.77 to 50.93 over the past decade. While the company's 10-year median is 37.02 vs. the industry median of 7.90, Wakachiku 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 7.90, based on 1,364 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. Wakachiku Construction Co's current Interest Coverage of 22.54 is 185.3% 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 Wakachiku Construction Co and its competitors. For the Construction industry, the median Interest Coverage is 7.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wakachiku Construction Co's current Interest Coverage is 22.54, which is 39% below median its own 10-year median of 37.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wakachiku Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Wakachiku Construction Co (TSE:1888) is currently considered Modestly Undervalued. The stock's GF Value™ is 円4,494.32, compared to a current price of 円3,870.00 — trading 13.9% below its estimated fair value. The current Interest Coverage is 22.54, which is 39% below median its 10-year median of 37.02 and 185.3% above the Construction industry median of 7.90. Wakachiku Construction Co's overall GF Score™ is 65/100 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 Wakachiku Construction Co (TSE:1888), the current Interest Coverage is 22.54 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 Wakachiku Construction Co (TSE:1888) Overvalued in 2026?

Based on GuruFocus' analysis, Wakachiku Construction Co stock appears to be undervalued. The current stock price of 円3,870.00 is trading 13.9% below its estimated GF Value™ of 円4,494.32. GuruFocus considers Wakachiku Construction Co to be Modestly Undervalued.

Key valuation signals for TSE:1888:

  • Interest Coverage: 22.54 (39% below median its 10-year median of 37.02)
  • GF Value™: 円4,494.32 vs. price of 円3,870.00 (13.9% below fair value)
  • GF Score™: 65/100 with 1 warning sign
  • Industry Position: 185.3% above the Construction median (#385 of 1364)

No single metric tells the full story. See the TSE:1888 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wakachiku Construction Co Business Description

Address 2-23-18, Shimo-Meguro, Meguro-ku, Tokyo, JPN, 153-0064
Wakachiku Construction Co Ltd is a Japan-based company mainly engaged in the construction business. Principally, it is involved in the projects related to domestic and overseas construction, marine development, regional and urban development, environmental maintenance and conservation, other construction-related projects. Additionally, the company is also into management and real estate business.
65GF Score

Get the complete analysis for TSE:1888

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

円3,870.00
Price
円4,494.32
GF Value