KENKO Mayonnaise Co (TSE:2915) Interest Coverage: 116.37 (As of Mar. 2026) — 152% Above Median


TSE:2915 KENKO Mayonnaise Co Ltd TSE:2915
77 GF Score
Price 円1,963.00
GF Value 円2,095.60
Valuation Fairly Valued
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What is KENKO Mayonnaise Co Interest Coverage?

KENKO Mayonnaise Co TSE:2915 +0.46% 77 Interest Coverage is 116.37 as of Mar. 2026, which is 152% above its 10-year median of 46.15. GuruFocus rates TSE:2915 with a GF Score™ of 77/100 and a GF Value™ of 円2,095.60 (Fairly Valued). Among 1,505 Consumer Packaged Goods companies, KENKO Mayonnaise Co ranks better than 84.98% 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. KENKO Mayonnaise Co's Operating Income for the six months ended in Mar. 2026 was 円2,211 Mil. KENKO Mayonnaise Co's Interest Expense for the six months ended in Mar. 2026 was 円-19 Mil. KENKO Mayonnaise Co's interest coverage for the quarter that ended in Mar. 2026 was 116.37. 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. KENKO Mayonnaise Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:2915' s Interest Coverage Range Over the Past 10 Years
Min: 1.78   Med: 46.15   Max: 110.14
Current: 106.54


TSE:2915's Interest Coverage is ranked better than
84.98% of 1505 companies
in the Consumer Packaged Goods industry
Industry Median: 8.57 vs TSE:2915: 106.54

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


KENKO Mayonnaise Co  (TSE:2915) 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 .


KENKO Mayonnaise Co Interest Coverage Related Terms


KENKO Mayonnaise Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for KENKO Mayonnaise Co'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.

KENKO Mayonnaise Co Interest Coverage Chart

KENKO Mayonnaise Co 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 22.76 1.78 60.18 110.14 106.54

KENKO Mayonnaise Co 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 94.17 145.18 75.09 97.20 116.37

TSE:2915 vs KHC, GIS: Interest Coverage Comparison

For the Packaged Foods subindustry, KENKO Mayonnaise Co'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.


KENKO Mayonnaise Co Interest Coverage vs Consumer Packaged Goods Industry

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

* The bar in red indicates where KENKO Mayonnaise Co's Interest Coverage falls into.


TSE:2915
77GF Score
KENKO Mayonnaise Co Ltd TSE:2915
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KENKO Mayonnaise Co 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.

KENKO Mayonnaise Co'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, KENKO Mayonnaise Co's Interest Expense was 円-39 Mil. Its Operating Income was 円4,155 Mil. And its Long-Term Debt & Capital Lease Obligation was 円2,771 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*4155/-39
=106.54

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

Here, for the six months ended in Mar. 2026, KENKO Mayonnaise Co's Interest Expense was 円-19 Mil. Its Operating Income was 円2,211 Mil. And its Long-Term Debt & Capital Lease Obligation was 円2,771 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*2211/-19
=116.37

* 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 116.37 mean?
KENKO Mayonnaise Co (TSE:2915) has a Interest Coverage of 116.37 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on KENKO Mayonnaise Co and its competitors. This is 152% above median its historical median of 46.15. Over the past decade, KENKO Mayonnaise Co's Interest Coverage has ranged from 1.78 to 110.14. According to the industry distribution chart, KENKO Mayonnaise Co ranks #226 out of 1505 companies in the Consumer Packaged Goods industry, placing it in the top 15%.
Is KENKO Mayonnaise Co's Interest Coverage too high?
KENKO Mayonnaise Co's current Interest Coverage of 116.37 is 152% above median its 10-year median of 46.15. Over the past 10 years, this metric has ranged from a low of 1.78 to a high of 110.14. The Consumer Packaged Goods industry median Interest Coverage is 8.57. KENKO Mayonnaise Co's value of 116.37 is 1257.9% above this industry median. Based on the distribution chart, KENKO Mayonnaise Co ranks #226 out of 1505 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, KENKO Mayonnaise Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KENKO Mayonnaise Co's Interest Coverage compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, KENKO Mayonnaise Co ranks #226 out of 1505 companies for Interest Coverage. This places KENKO Mayonnaise Co in the top 15% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 8.57. KENKO Mayonnaise Co's value of 116.37 is 1257.9% above this benchmark. Historically, KENKO Mayonnaise Co's own Interest Coverage has ranged from 1.78 to 110.14 over the past decade. While the company's 10-year median is 46.15 vs. the industry median of 8.57, KENKO Mayonnaise Co 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. KENKO Mayonnaise Co's current Interest Coverage of 116.37 is 1257.9% 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 KENKO Mayonnaise Co 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. KENKO Mayonnaise Co's current Interest Coverage is 116.37, which is 152% above median its own 10-year median of 46.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KENKO Mayonnaise Co stock overvalued right now?
Based on GuruFocus' analysis, KENKO Mayonnaise Co (TSE:2915) is currently considered Fairly Valued. The stock's GF Value™ is 円2,095.60, compared to a current price of 円1,963.00 — trading 6.3% below its estimated fair value. The current Interest Coverage is 116.37, which is 152% above median its 10-year median of 46.15 and 1257.9% above the Consumer Packaged Goods industry median of 8.57. KENKO Mayonnaise Co's overall GF Score™ is 77/100. 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 KENKO Mayonnaise Co (TSE:2915), the current Interest Coverage is 116.37 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 KENKO Mayonnaise Co (TSE:2915) Overvalued in 2026?

Based on GuruFocus' analysis, KENKO Mayonnaise Co stock appears to be undervalued. The current stock price of 円1,963.00 is trading 6.3% below its estimated GF Value™ of 円2,095.60. GuruFocus considers KENKO Mayonnaise Co to be Fairly Valued.

Key valuation signals for TSE:2915:

  • Interest Coverage: 116.37 (152% above median its 10-year median of 46.15)
  • GF Value™: 円2,095.60 vs. price of 円1,963.00 (6.3% below fair value)
  • GF Score™: 77/100
  • Industry Position: 1257.9% above the Consumer Packaged Goods median (#226 of 1505)

No single metric tells the full story. See the TSE:2915 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KENKO Mayonnaise Co Business Description

Address 3-8-13, Takaito Higashi, Suginami-ku, Tokyo, JPN
KENKO Mayonnaise Co Ltd is a food processing company, based in Japan. The company is engaged in the manufacturing, processing, and distribution of a variety of food products such as salads, delicatessen, mayonnaise, dressings, sauces and egg products. Also, the group is engaged in the shop operation and overseas business. Some of its products include GLOBAL mayonnaise; KENKO Restaurant Mayonnaise; Triple Balance Non Oil Bonito; Garlic Butter sauce; SOUZAITEI Frozen Thick Omelet H and others.
77GF Score

Get the complete analysis for TSE:2915

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

円1,963.00
Price
円2,095.60
GF Value