ChoeiTSE:2993 58 Interest Coverage is 2.49 as of Mar. 2026, which is 28% below its 10-year median of 3.48. GuruFocus rates TSE:2993 with a GF Score™ of 58/100 and a GF Value™ of 円2,467.39 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,299 Real Estate companies, Choei ranks worse than 63.9% 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. Choei's
Operating Income
for the
six
months ended in Mar. 2026 was 円1,058 Mil. Choei's Interest Expense for the
six
months ended in Mar. 2026 was 円-425 Mil.
Choei's interest coverage for the quarter that ended in Mar. 2026 was 2.49.
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Choei Inc interest coverage is 2.41, which is low.
The historical rank and industry rank for Choei's Interest Coverage or its related term are showing as below:
TSE:2993'
s Interest Coverage Range Over the Past 10 Years
Min: 2.41 Med: 3.48 Max: 4.57
Current: 2.41
TSE:2993's Interest Coverage is ranked worse than 63.9% of 1299
companies
in the Real Estate industry
Industry Median: 4.24
vs TSE:2993: 2.41
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 .
Choei Interest Coverage Related Terms
Choei Interest Coverage Historical Data
* Premium members only.
The historical data trend for Choei'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:2993 vs CBRE, BEKE, JLL: Interest Coverage Comparison
For the Real Estate Services subindustry, Choei'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.
Choei Interest Coverage vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Choei's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Choei'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.
Choei (TSE:2993) has a Interest Coverage of 2.49 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Choei and its competitors. This is 28% below median its historical median of 3.48. Over the past decade, Choei's Interest Coverage has ranged from 2.41 to 4.57. According to the industry distribution chart, Choei ranks #830 out of 1299 companies in the Real Estate industry, placing it in the top 63.9%.
Is Choei's Interest Coverage too high?
Choei's current Interest Coverage of 2.49 is 28% below median its 10-year median of 3.48. Over the past 10 years, this metric has ranged from a low of 2.41 to a high of 4.57. The Real Estate industry median Interest Coverage is 4.24. Choei's value of 2.49 is 41.3% below this industry median. Based on the distribution chart, Choei ranks #830 out of 1299 companies in the Real Estate industry, which is below the industry midpoint. Overall, Choei has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Choei's Interest Coverage compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Choei ranks #830 out of 1299 companies for Interest Coverage. This places Choei in the lower half of its industry. The industry median Interest Coverage is 4.24. Choei's value of 2.49 is 41.3% below this benchmark. Historically, Choei's own Interest Coverage has ranged from 2.41 to 4.57 over the past decade. While the company's 10-year median is 3.48 vs. the industry median of 4.24, Choei 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 Real Estate company?
The median Interest Coverage among Real Estate companies is 4.24, based on 1,299 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. Choei's current Interest Coverage of 2.49 is 41.3% 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 Choei and its competitors. For the Real Estate industry, the median Interest Coverage is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Choei's current Interest Coverage is 2.49, which is 28% below median its own 10-year median of 3.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Choei stock overvalued right now?
Based on GuruFocus' analysis, Choei (TSE:2993) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,467.39, compared to a current price of 円2,150.00 — trading 12.9% below its estimated fair value. The current Interest Coverage is 2.49, which is 28% below median its 10-year median of 3.48 and 41.3% below the Real Estate industry median of 4.24. Choei's overall GF Score™ is 58/100 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 Choei (TSE:2993), the current Interest Coverage is 2.49 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 Choei (TSE:2993) Overvalued in 2026?
Based on GuruFocus' analysis, Choei stock appears to be undervalued.
The current stock price of 円2,150.00 is trading 12.9% below its estimated GF Value™ of 円2,467.39.
GuruFocus considers Choei to be Modestly Undervalued.
Key valuation signals for TSE:2993:
Interest Coverage: 2.49 (28% below median its 10-year median of 3.48)
GF Value™: 円2,467.39 vs. price of 円2,150.00 (12.9% below fair value)
Industry Position: 41.3% below the Real Estate median (#830 of 1299)
No single metric tells the full story. See the TSE:2993 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Choei Inc is engaged in the real estate management and real estate rental businesses. The real estate management business provides necessary services for rental property management, such as building maintenance, renovation work, and rental brokerage (leasing), in addition to tenant management, and the real estate rental business mainly handles the rental of its properties and subleased properties. The company's reportable segments are Property Rental Business, which generates the maximum revenue, and the Property Management Business.
58GF Score
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