Prima Meat Packers (TSE:2281) Interest Coverage: 22.91 (As of Mar. 2026) — 70% Below Median


TSE:2281 Prima Meat Packers Ltd TSE:2281
78 GF Score
Price 円2,389.00
GF Value 円2,475.50
Valuation Fairly Valued
! 3 Warning Signs
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What is Prima Meat Packers Interest Coverage?

Prima Meat Packers TSE:2281 +2.09% 78 Interest Coverage is 22.91 as of Mar. 2026, which is 70% below its 10-year median of 77.47. GuruFocus rates TSE:2281 with a GF Score™ of 78/100 and a GF Value™ of 円2,475.50 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,505 Consumer Packaged Goods companies, Prima Meat Packers ranks better than 78.21% 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. Prima Meat Packers's Operating Income for the three months ended in Mar. 2026 was 円1,031 Mil. Prima Meat Packers's Interest Expense for the three months ended in Mar. 2026 was 円-45 Mil. Prima Meat Packers's interest coverage for the quarter that ended in Mar. 2026 was 22.91. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Prima Meat Packers's Interest Coverage or its related term are showing as below:

TSE:2281' s Interest Coverage Range Over the Past 10 Years
Min: 50.45   Med: 77.47   Max: 169.1
Current: 50.45


TSE:2281's Interest Coverage is ranked better than
78.21% of 1505 companies
in the Consumer Packaged Goods industry
Industry Median: 8.57 vs TSE:2281: 50.45

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


Prima Meat Packers  (TSE:2281) 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 .


Prima Meat Packers Interest Coverage Related Terms


Prima Meat Packers Interest Coverage Historical Data

* Premium members only.

The historical data trend for Prima Meat Packers'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.

Prima Meat Packers Interest Coverage Chart

Prima Meat Packers 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 116.98 65.71 77.25 61.29 50.45

Prima Meat Packers 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 19.29 63.23 46.69 70.89 22.91

TSE:2281 vs KHC, GIS: Interest Coverage Comparison

For the Packaged Foods subindustry, Prima Meat Packers'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.


Prima Meat Packers Interest Coverage vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Prima Meat Packers's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Prima Meat Packers's Interest Coverage falls into.


TSE:2281
78GF Score
Prima Meat Packers Ltd TSE:2281
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Prima Meat Packers 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.

Prima Meat Packers'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, Prima Meat Packers's Interest Expense was 円-181 Mil. Its Operating Income was 円9,131 Mil. And its Long-Term Debt & Capital Lease Obligation was 円14,628 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*9131/-181
=50.45

Prima Meat Packers's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Prima Meat Packers's Interest Expense was 円-45 Mil. Its Operating Income was 円1,031 Mil. And its Long-Term Debt & Capital Lease Obligation was 円14,628 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1031/-45
=22.91

* 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 22.91 mean?
Prima Meat Packers (TSE:2281) has a Interest Coverage of 22.91 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Prima Meat Packers and its competitors. This is 70% below median its historical median of 77.47. Over the past decade, Prima Meat Packers' Interest Coverage has ranged from 50.45 to 169.10. According to the industry distribution chart, Prima Meat Packers ranks #328 out of 1505 companies in the Consumer Packaged Goods industry, placing it in the top 21.8%.
Is Prima Meat Packers' Interest Coverage too high?
Prima Meat Packers' current Interest Coverage of 22.91 is 70% below median its 10-year median of 77.47. Over the past 10 years, this metric has ranged from a low of 50.45 to a high of 169.10. The Consumer Packaged Goods industry median Interest Coverage is 8.57. Prima Meat Packers' value of 22.91 is 167.3% above this industry median. Based on the distribution chart, Prima Meat Packers ranks #328 out of 1505 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Prima Meat Packers has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Prima Meat Packers' Interest Coverage compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Prima Meat Packers ranks #328 out of 1505 companies for Interest Coverage. This places Prima Meat Packers in the top 22% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 8.57. Prima Meat Packers' value of 22.91 is 167.3% above this benchmark. Historically, Prima Meat Packers' own Interest Coverage has ranged from 50.45 to 169.10 over the past decade. While the company's 10-year median is 77.47 vs. the industry median of 8.57, Prima Meat Packers 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 Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.57, based on 1,505 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. Prima Meat Packers's current Interest Coverage of 22.91 is 167.3% 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 Prima Meat Packers and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prima Meat Packers's current Interest Coverage is 22.91, which is 70% below median its own 10-year median of 77.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prima Meat Packers stock overvalued right now?
Based on GuruFocus' analysis, Prima Meat Packers (TSE:2281) is currently considered Fairly Valued. The stock's GF Value™ is 円2,475.50, compared to a current price of 円2,389.00 — trading 3.5% below its estimated fair value. The current Interest Coverage is 22.91, which is 70% below median its 10-year median of 77.47 and 167.3% above the Consumer Packaged Goods industry median of 8.57. Prima Meat Packers' overall GF Score™ is 78/100 with 3 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 Prima Meat Packers (TSE:2281), the current Interest Coverage is 22.91 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 Prima Meat Packers (TSE:2281) Overvalued in 2026?

Based on GuruFocus' analysis, Prima Meat Packers stock appears to be undervalued. The current stock price of 円2,389.00 is trading 3.5% below its estimated GF Value™ of 円2,475.50. GuruFocus considers Prima Meat Packers to be Fairly Valued.

Key valuation signals for TSE:2281:

  • Interest Coverage: 22.91 (70% below median its 10-year median of 77.47)
  • GF Value™: 円2,475.50 vs. price of 円2,389.00 (3.5% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 167.3% above the Consumer Packaged Goods median (#328 of 1505)

No single metric tells the full story. See the TSE:2281 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Prima Meat Packers Business Description

Address 4-12-2 Higashi-Shinagawa, Seaside West Tower, Tokyo, JPN, 140-5829
Prima Meat Packers Ltd is engaged in the manufacture and sale of ham, sausage, meat, and processed foods. The company, affiliated with Itochu Corp, produces vacuum-packed food products including hamburgers and meatballs.
78GF Score

Get the complete analysis for TSE:2281

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

円2,389.00
Price
円2,475.50
GF Value