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Nisshin Oillio GroupTSE:2602 +2.05%69 Interest Coverage is 4.37 as of Mar. 2026, which is 77% below its 10-year median of 18.92. GuruFocus rates TSE:2602 with a GF Score™ of 69/100 and a GF Value™ of 円1,828.32 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,516 Consumer Packaged Goods companies, Nisshin Oillio Group ranks worse than 60.55% 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. Nisshin Oillio Group's
Operating Income
for the
three
months ended in Mar. 2026 was 円3,508 Mil. Nisshin Oillio Group's Interest Expense for the
three
months ended in Mar. 2026 was 円-803 Mil.
Nisshin Oillio Group's interest coverage for the quarter that ended in Mar. 2026 was 4.37.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Nisshin Oillio Group's Interest Coverage or its related term are showing as below:
TSE:2602'
s Interest Coverage Range Over the Past 10 Years
Min: 5.49 Med: 18.92 Max: 39.56
Current: 5.49
TSE:2602's Interest Coverage is ranked worse than 60.55% of 1516
companies
in the Consumer Packaged Goods industry
Industry Median: 8.64
vs TSE:2602: 5.49
Nisshin Oillio Group (TSE:2602) 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 .
Nisshin Oillio Group Interest Coverage Related Terms
Nisshin Oillio Group Interest Coverage Historical Data
* Premium members only.
The historical data trend for Nisshin Oillio Group'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:2602 vs KHC, GIS: Interest Coverage Comparison
For the Packaged Foods subindustry, Nisshin Oillio Group'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.
Nisshin Oillio Group Interest Coverage vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Nisshin Oillio Group's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Nisshin Oillio Group's Interest Coverage falls into.
Nisshin Oillio Group 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.
Nisshin Oillio Group (TSE:2602) has a Interest Coverage of 4.37 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nisshin Oillio Group and its competitors. This is 77% below median its historical median of 18.92. Over the past decade, Nisshin Oillio Group's Interest Coverage has ranged from 5.49 to 39.56. According to the industry distribution chart, Nisshin Oillio Group ranks #918 out of 1516 companies in the Consumer Packaged Goods industry, placing it in the top 60.6%.
Is Nisshin Oillio Group's Interest Coverage too high?
Nisshin Oillio Group's current Interest Coverage of 4.37 is 77% below median its 10-year median of 18.92. Over the past 10 years, this metric has ranged from a low of 5.49 to a high of 39.56. The Consumer Packaged Goods industry median Interest Coverage is 8.64. Nisshin Oillio Group's value of 4.37 is 49.4% below this industry median. Based on the distribution chart, Nisshin Oillio Group ranks #918 out of 1516 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Nisshin Oillio Group has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nisshin Oillio Group's Interest Coverage compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Nisshin Oillio Group ranks #918 out of 1516 companies for Interest Coverage. This places Nisshin Oillio Group in the lower half of its industry. The industry median Interest Coverage is 8.64. Nisshin Oillio Group's value of 4.37 is 49.4% below this benchmark. Historically, Nisshin Oillio Group's own Interest Coverage has ranged from 5.49 to 39.56 over the past decade. While the company's 10-year median is 18.92 vs. the industry median of 8.64, Nisshin Oillio Group 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 Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.64, based on 1,516 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. Nisshin Oillio Group's current Interest Coverage of 4.37 is 49.4% 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 Nisshin Oillio Group and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nisshin Oillio Group's current Interest Coverage is 4.37, which is 77% below median its own 10-year median of 18.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nisshin Oillio Group stock overvalued right now?
Based on GuruFocus' analysis, Nisshin Oillio Group (TSE:2602) is currently considered Fairly Valued. The stock's GF Value™ is 円1,828.32, compared to a current price of 円1,943.00 — trading 6.3% above its estimated fair value. The current Interest Coverage is 4.37, which is 77% below median its 10-year median of 18.92 and 49.4% below the Consumer Packaged Goods industry median of 8.64. Nisshin Oillio Group's overall GF Score™ is 69/100 with 6 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 Nisshin Oillio Group (TSE:2602), the current Interest Coverage is 4.37 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 Nisshin Oillio Group (TSE:2602) Overvalued in 2026?
Based on GuruFocus' analysis, Nisshin Oillio Group stock appears to be overvalued.
The current stock price of 円1,943.00 is trading 6.3% above its estimated GF Value™ of 円1,828.32.
GuruFocus considers Nisshin Oillio Group to be Fairly Valued.
Key valuation signals for TSE:2602:
Interest Coverage: 4.37 (77% below median its 10-year median of 18.92)
GF Value™: 円1,828.32 vs. price of 円1,943.00 (6.3% above fair value)
Industry Position: 49.4% below the Consumer Packaged Goods median (#918 of 1516)
No single metric tells the full story. See the TSE:2602 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nisshin Oillio Group Ltd is a Japanese company engaged in the manufacture of oil products. The company operates five reporting segments. The oils and meals business produces edible oils for household, commercial use, and food processing. The processed oils and fats business manufactures processed oil and fat products. The healthy foods business supplies dressings and healthcare products. The fine chemicals business provides raw materials for cosmetics, food ingredients, and chemical products. Finally the soy foods and materials business produces soy food ingredients and soy protein. The oils and meals business accounts for more than half of group revenue.
69GF Score
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