fonfunTSE:2323 +3.57%57 Interest Coverage is 14.19 as of Mar. 2026, which is 119% above its 10-year median of 6.48. GuruFocus rates TSE:2323 with a GF Score™ of 57/100 and a GF Value™ of 円393.55 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,704 Software companies, fonfun ranks worse than 58.8% 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. fonfun's
Operating Income
for the
six
months ended in Mar. 2026 was 円121 Mil. fonfun's Interest Expense for the
six
months ended in Mar. 2026 was 円-9 Mil.
fonfun's interest coverage for the quarter that ended in Mar. 2026 was 14.19.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for fonfun's Interest Coverage or its related term are showing as below:
TSE:2323'
s Interest Coverage Range Over the Past 10 Years
Min: 0.52 Med: 6.48 Max: 19.94
Current: 15.09
TSE:2323's Interest Coverage is ranked worse than 58.8% of 1704
companies
in the Software industry
Industry Median: 24.75
vs TSE:2323: 15.09
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 .
fonfun Interest Coverage Related Terms
fonfun Interest Coverage Historical Data
* Premium members only.
The historical data trend for fonfun'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.
TSE:2323 vs IBM, ACN, FISV: Interest Coverage Comparison
For the Information Technology Services subindustry, fonfun'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.
fonfun Interest Coverage vs Software Industry
For the Software industry and Technology sector, fonfun's Interest Coverage distribution charts can be found below:
* The bar in red indicates where fonfun's Interest Coverage falls into.
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.
fonfun (TSE:2323) has a Interest Coverage of 14.19 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on fonfun and its competitors. This is 119% above median its historical median of 6.48. Over the past decade, fonfun's Interest Coverage has ranged from 0.52 to 19.94. According to the industry distribution chart, fonfun ranks #1002 out of 1704 companies in the Software industry, placing it in the top 58.8%.
Is fonfun's Interest Coverage too high?
fonfun's current Interest Coverage of 14.19 is 119% above median its 10-year median of 6.48. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 19.94. The Software industry median Interest Coverage is 24.75. fonfun's value of 14.19 is 42.7% below this industry median. Based on the distribution chart, fonfun ranks #1002 out of 1704 companies in the Software industry, which is below the industry midpoint. Overall, fonfun has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does fonfun's Interest Coverage compare to IBM and ACN?
According to the Software industry distribution chart, fonfun ranks #1002 out of 1704 companies for Interest Coverage. This places fonfun in the lower half of its industry. The industry median Interest Coverage is 24.75. fonfun's value of 14.19 is 42.7% below this benchmark. Historically, fonfun's own Interest Coverage has ranged from 0.52 to 19.94 over the past decade. While the company's 10-year median is 6.48 vs. the industry median of 24.75, fonfun has consistently been below 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 Software company?
The median Interest Coverage among Software companies is 24.75, based on 1,704 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. fonfun's current Interest Coverage of 14.19 is 42.7% below 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 fonfun and its competitors. For the Software industry, the median Interest Coverage is 24.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. fonfun's current Interest Coverage is 14.19, which is 119% above median its own 10-year median of 6.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is fonfun stock overvalued right now?
Based on GuruFocus' analysis, fonfun (TSE:2323) is currently considered Possible Value Trap. The stock's GF Value™ is 円393.55, compared to a current price of 円261.00 — trading 33.7% below its estimated fair value. The current Interest Coverage is 14.19, which is 119% above median its 10-year median of 6.48 and 42.7% below the Software industry median of 24.75. fonfun's overall GF Score™ is 57/100 with 5 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 fonfun (TSE:2323), the current Interest Coverage is 14.19 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 fonfun (TSE:2323) Overvalued in 2026?
Based on GuruFocus' analysis, fonfun stock appears to be undervalued.
The current stock price of 円261.00 is trading 33.7% below its estimated GF Value™ of 円393.55.
GuruFocus considers fonfun to be Possible Value Trap.
Key valuation signals for TSE:2323:
Interest Coverage: 14.19 (119% above median its 10-year median of 6.48)
GF Value™: 円393.55 vs. price of 円261.00 (33.7% below fair value)
Industry Position: 42.7% below the Software median (#1002 of 1704)
No single metric tells the full story. See the TSE:2323 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
fonfun Corp provides various content services with a focus on services for the Internet-enabled mobile phone. Its web security business provides web application diagnosis and network diagnostics. Its segments include: Remote mail business, SMS business, Contracted software development business, and Voice mail business. The company derives maximum revenue from SMS business.
57GF Score
Get the complete analysis for TSE:2323
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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