Hibino (TSE:2469) Interest Coverage: 18.14 (As of Mar. 2026) — Near Median


TSE:2469 Hibino Corp TSE:2469
85 GF Score
Price 円2,739.00
GF Value 円3,152.39
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Hibino Interest Coverage?

Hibino TSE:2469 +1.44% 85 Interest Coverage is 18.14 as of Mar. 2026, which is 5% below its 10-year median of 19.01. GuruFocus rates TSE:2469 with a GF Score™ of 85/100 and a GF Value™ of 円3,152.39 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,678 Hardware companies, Hibino ranks better than 54.53% 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. Hibino's Operating Income for the six months ended in Mar. 2026 was 円2,685 Mil. Hibino's Interest Expense for the six months ended in Mar. 2026 was 円-148 Mil. Hibino's interest coverage for the quarter that ended in Mar. 2026 was 18.14. The higher the ratio, the stronger the company's financial strength is.

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

TSE:2469' s Interest Coverage Range Over the Past 10 Years
Min: 9.84   Med: 19.01   Max: 32.19
Current: 17.47


TSE:2469's Interest Coverage is ranked better than
54.53% of 1678 companies
in the Hardware industry
Industry Median: 13.645 vs TSE:2469: 17.47

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


Hibino  (TSE:2469) 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 .


Hibino Interest Coverage Related Terms


Hibino Interest Coverage Historical Data

* Premium members only.

The historical data trend for Hibino'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.

Hibino Interest Coverage Chart

Hibino 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 14.81 9.84 19.01 20.35 17.47

Hibino Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 30.93 16.64 23.14 16.77 18.14

TSE:2469 vs AAPL: Interest Coverage Comparison

For the Consumer Electronics subindustry, Hibino'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.


Hibino Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, Hibino's Interest Coverage distribution charts can be found below:

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


TSE:2469
85GF Score
Hibino Corp TSE:2469
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hibino 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.

Hibino'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, Hibino's Interest Expense was 円-290 Mil. Its Operating Income was 円5,066 Mil. And its Long-Term Debt & Capital Lease Obligation was 円8,072 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*5066/-290
=17.47

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

Here, for the six months ended in Mar. 2026, Hibino's Interest Expense was 円-148 Mil. Its Operating Income was 円2,685 Mil. And its Long-Term Debt & Capital Lease Obligation was 円8,072 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*2685/-148
=18.14

* 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 18.14 mean?
Hibino (TSE:2469) has a Interest Coverage of 18.14 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hibino and its competitors. This is near median its historical median of 19.01. Over the past decade, Hibino's Interest Coverage has ranged from 9.84 to 32.19. According to the industry distribution chart, Hibino ranks #763 out of 1678 companies in the Hardware industry, placing it in the top 45.5%.
Is Hibino's Interest Coverage too high?
Hibino's current Interest Coverage of 18.14 is near median its 10-year median of 19.01. Over the past 10 years, this metric has ranged from a low of 9.84 to a high of 32.19. The Hardware industry median Interest Coverage is 13.65. Hibino's value of 18.14 is 32.9% above this industry median. Based on the distribution chart, Hibino ranks #763 out of 1678 companies in the Hardware industry, which is above the industry midpoint. Overall, Hibino has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hibino's Interest Coverage compare to AAPL?
According to the Hardware industry distribution chart, Hibino ranks #763 out of 1678 companies for Interest Coverage. This puts Hibino in the upper half of its industry. The industry median Interest Coverage is 13.65. Hibino's value of 18.14 is 32.9% above this benchmark. Historically, Hibino's own Interest Coverage has ranged from 9.84 to 32.19 over the past decade. While the company's 10-year median is 19.01 vs. the industry median of 13.65, Hibino 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 Hardware company?
The median Interest Coverage among Hardware companies is 13.65, based on 1,678 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. Hibino's current Interest Coverage of 18.14 is 32.9% 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 Hibino and its competitors. For the Hardware industry, the median Interest Coverage is 13.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hibino's current Interest Coverage is 18.14, which is near median its own 10-year median of 19.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hibino stock overvalued right now?
Based on GuruFocus' analysis, Hibino (TSE:2469) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,152.39, compared to a current price of 円2,739.00 — trading 13.1% below its estimated fair value. The current Interest Coverage is 18.14, which is near median its 10-year median of 19.01 and 32.9% above the Hardware industry median of 13.65. Hibino's overall GF Score™ is 85/100 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 Hibino (TSE:2469), the current Interest Coverage is 18.14 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 Hibino (TSE:2469) Overvalued in 2026?

Based on GuruFocus' analysis, Hibino stock appears to be undervalued. The current stock price of 円2,739.00 is trading 13.1% below its estimated GF Value™ of 円3,152.39. GuruFocus considers Hibino to be Modestly Undervalued.

Key valuation signals for TSE:2469:

  • Interest Coverage: 18.14 (near median its 10-year median of 19.01)
  • GF Value™: 円3,152.39 vs. price of 円2,739.00 (13.1% below fair value)
  • GF Score™: 85/100 with 1 warning sign
  • Industry Position: 32.9% above the Hardware median (#763 of 1678)

No single metric tells the full story. See the TSE:2469 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hibino Business Description

Address 3-5-14, Konan, Minato-ku, Tokyo, JPN, 108-0075
Hibino Corp is engaged in the sale and installation of audio-visual equipment. It offers products and services in the Audio-Visual field. Its business activities are divided into Hibino visual division is engaged in the planning of large screens and video systems used for concerts and events, equipment rental, and operation. Hibino sound division offers a sound system for the concert, equipment rental, recording of concerts and events, studio recording, track down, and mastering. The segments include: Sales and construction business; Building sound construction business; and Concerts and events service business. It derives maximum revenue from Concerts and events service business.
85GF Score

Get the complete analysis for TSE:2469

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

円2,739.00
Price
円3,152.39
GF Value