Kewpie (TSE:2809) Interest Coverage: 73.11 (As of May. 2026) — 26% Below Median

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TSE:2809 Kewpie Corp TSE:2809
82 GF Score
Price 円4,470.00
GF Value 円3,749.81
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Kewpie Interest Coverage?

Kewpie TSE:2809 +2.05% 82 Interest Coverage is 73.11 as of May. 2026, which is 26% below its 10-year median of 98.36. GuruFocus rates TSE:2809 with a GF Score™ of 82/100 and a GF Value™ of 円3,749.81 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,511 Consumer Packaged Goods companies, Kewpie ranks better than 84.91% 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. Kewpie's Operating Income for the three months ended in May. 2026 was 円12,210 Mil. Kewpie's Interest Expense for the three months ended in May. 2026 was 円-167 Mil. Kewpie's interest coverage for the quarter that ended in May. 2026 was 73.11. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Kewpie Corp has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:2809' s Interest Coverage Range Over the Past 10 Years
Min: 50.11   Med: 98.36   Max: 130.68
Current: 104.86


TSE:2809's Interest Coverage is ranked better than
84.91% of 1511 companies
in the Consumer Packaged Goods industry
Industry Median: 8.61 vs TSE:2809: 104.86

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


Kewpie  (TSE:2809) 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 .


Kewpie Interest Coverage Related Terms


Kewpie Interest Coverage Historical Data

* Premium members only.

The historical data trend for Kewpie'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.

Kewpie Interest Coverage Chart

Kewpie Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 116.07 99.74 50.11 116.37 130.68

Kewpie Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 134.77 181.65 120.10 101.43 73.11

TSE:2809 vs KHC, GIS: Interest Coverage Comparison

For the Packaged Foods subindustry, Kewpie'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.


Kewpie Interest Coverage vs Consumer Packaged Goods Industry

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

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


TSE:2809
82GF Score
Kewpie Corp TSE:2809
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kewpie 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.

Kewpie's Interest Coverage for the fiscal year that ended in Nov. 2025 is calculated as

Here, for the fiscal year that ended in Nov. 2025, Kewpie's Interest Expense was 円-265 Mil. Its Operating Income was 円34,629 Mil. And its Long-Term Debt & Capital Lease Obligation was 円3,592 Mil.

Interest Coverage=-1* Operating Income (A: Nov. 2025 )/Interest Expense (A: Nov. 2025 )
=-1*34629/-265
=130.68

Kewpie's Interest Coverage for the quarter that ended in May. 2026 is calculated as

Here, for the three months ended in May. 2026, Kewpie's Interest Expense was 円-167 Mil. Its Operating Income was 円12,210 Mil. And its Long-Term Debt & Capital Lease Obligation was 円25,000 Mil.

Interest Coverage=-1* Operating Income (Q: May. 2026 )/Interest Expense (Q: May. 2026 )
=-1*12210/-167
=73.11

* 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 73.11 mean?
Kewpie (TSE:2809) has a Interest Coverage of 73.11 as of May. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Kewpie and its competitors. This is 26% below median its historical median of 98.36. Over the past decade, Kewpie's Interest Coverage has ranged from 50.11 to 130.68. According to the industry distribution chart, Kewpie ranks #228 out of 1511 companies in the Consumer Packaged Goods industry, placing it in the top 15.1%.
Is Kewpie's Interest Coverage too high?
Kewpie's current Interest Coverage of 73.11 is 26% below median its 10-year median of 98.36. Over the past 10 years, this metric has ranged from a low of 50.11 to a high of 130.68. The Consumer Packaged Goods industry median Interest Coverage is 8.61. Kewpie's value of 73.11 is 749.1% above this industry median. Based on the distribution chart, Kewpie ranks #228 out of 1511 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Kewpie has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kewpie's Interest Coverage compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Kewpie ranks #228 out of 1511 companies for Interest Coverage. This places Kewpie in the top 15% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 8.61. Kewpie's value of 73.11 is 749.1% above this benchmark. Historically, Kewpie's own Interest Coverage has ranged from 50.11 to 130.68 over the past decade. While the company's 10-year median is 98.36 vs. the industry median of 8.61, Kewpie 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 8.61, based on 1,511 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. Kewpie's current Interest Coverage of 73.11 is 749.1% 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 Kewpie and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kewpie's current Interest Coverage is 73.11, which is 26% below median its own 10-year median of 98.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kewpie stock overvalued right now?
Based on GuruFocus' analysis, Kewpie (TSE:2809) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,749.81, compared to a current price of 円4,470.00 — trading 19.2% above its estimated fair value. The current Interest Coverage is 73.11, which is 26% below median its 10-year median of 98.36 and 749.1% above the Consumer Packaged Goods industry median of 8.61. Kewpie's overall GF Score™ is 82/100 with 4 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 Kewpie (TSE:2809), the current Interest Coverage is 73.11 as of May. 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 Kewpie (TSE:2809) Overvalued in 2026?

Based on GuruFocus' analysis, Kewpie stock appears to be overvalued. The current stock price of 円4,470.00 is trading 19.2% above its estimated GF Value™ of 円3,749.81. GuruFocus considers Kewpie to be Modestly Overvalued.

Key valuation signals for TSE:2809:

  • Interest Coverage: 73.11 (26% below median its 10-year median of 98.36)
  • GF Value™: 円3,749.81 vs. price of 円4,470.00 (19.2% above fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 749.1% above the Consumer Packaged Goods median (#228 of 1511)

No single metric tells the full story. See the TSE:2809 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kewpie Business Description

Other Exchanges QPJ:Germany
Address 1-4-13 Shibuya, Shibuya-ku, Tokyo, JPN, 150-0002
Kewpie Corp is a Japanese packaged-food company. The company operates through six segments. The Common segment handles shared operations such as food manufacturing machinery and general food products. The Fine Chemicals segment produces ingredients like hyaluronic acid and egg yolk lecithin for pharmaceuticals, cosmetics, and food applications. The For Business Use and For Commercial Use segments manufacture and sell mayonnaise, dressings, pasta sauces, egg products, and salads for household and institutional markets. The Fruit Solutions segment offers jams and processed fruit products for home and industrial use, while the Overseas segment manufactures and sells food products such as mayonnaise and dressings in markets across Asia, North America, and other regions.
82GF Score

Get the complete analysis for TSE:2809

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

円4,470.00
Price
円3,749.81
GF Value