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Applied CoTSE:3020 +0.12%76 Interest Coverage is 1,920.00 as of Mar. 2026, which is 815% above its 10-year median of 209.83. GuruFocus rates TSE:3020 with a GF Score™ of 76/100 and a GF Value™ of 円3,153.59 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,678 Hardware companies, Applied Co ranks better than 94.4% 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. Applied Co's
Operating Income
for the
six
months ended in Mar. 2026 was 円1,920 Mil. Applied Co's Interest Expense for the
six
months ended in Mar. 2026 was 円-1 Mil.
Applied Co's interest coverage for the quarter that ended in Mar. 2026 was 1,920.00.
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. Applied Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Applied Co's Interest Coverage or its related term are showing as below:
TSE:3020'
s Interest Coverage Range Over the Past 10 Years
Min: 33.26 Med: 209.83 Max: 1144.67
Current: 1144.67
TSE:3020's Interest Coverage is ranked better than 94.4% of 1678
companies
in the Hardware industry
Industry Median: 13.645
vs TSE:3020: 1144.67
Applied Co (TSE:3020) 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 .
Applied Co Interest Coverage Related Terms
Applied Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Applied 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.
TSE:3020 vs SNX, ARW, AVT: Interest Coverage Comparison
For the Electronics & Computer Distribution subindustry, Applied 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.
Applied Co Interest Coverage vs Hardware Industry
For the Hardware industry and Technology sector, Applied Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Applied Co'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.
Applied Co (TSE:3020) has a Interest Coverage of 1,920.00 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Applied Co and its competitors. This is 815% above median its historical median of 209.83. Over the past decade, Applied Co's Interest Coverage has ranged from 33.26 to 1,144.67. According to the industry distribution chart, Applied Co ranks #94 out of 1678 companies in the Hardware industry, placing it in the top 5.6%.
Is Applied Co's Interest Coverage too high?
Applied Co's current Interest Coverage of 1,920.00 is 815% above median its 10-year median of 209.83. Over the past 10 years, this metric has ranged from a low of 33.26 to a high of 1,144.67. The Hardware industry median Interest Coverage is 13.65. Applied Co's value of 1,920.00 is 13971.1% above this industry median. Based on the distribution chart, Applied Co ranks #94 out of 1678 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Applied Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Applied Co's Interest Coverage compare to SNX and ARW?
According to the Hardware industry distribution chart, Applied Co ranks #94 out of 1678 companies for Interest Coverage. This places Applied Co in the top 6% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 13.65. Applied Co's value of 1,920.00 is 13971.1% above this benchmark. Historically, Applied Co's own Interest Coverage has ranged from 33.26 to 1,144.67 over the past decade. While the company's 10-year median is 209.83 vs. the industry median of 13.65, Applied 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 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. Applied Co's current Interest Coverage of 1,920.00 is 13971.1% 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 Applied Co 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. Applied Co's current Interest Coverage is 1,920.00, which is 815% above median its own 10-year median of 209.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Co stock overvalued right now?
Based on GuruFocus' analysis, Applied Co (TSE:3020) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,153.59, compared to a current price of 円4,075.00 — trading 29.2% above its estimated fair value. The current Interest Coverage is 1,920.00, which is 815% above median its 10-year median of 209.83 and 13971.1% above the Hardware industry median of 13.65. Applied Co's overall GF Score™ is 76/100 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 Applied Co (TSE:3020), the current Interest Coverage is 1,920.00 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 Applied Co (TSE:3020) Overvalued in 2026?
Based on GuruFocus' analysis, Applied Co stock appears to be overvalued.
The current stock price of 円4,075.00 is trading 29.2% above its estimated GF Value™ of 円3,153.59.
GuruFocus considers Applied Co to be Modestly Overvalued.
Key valuation signals for TSE:3020:
Interest Coverage: 1,920.00 (815% above median its 10-year median of 209.83)
GF Value™: 円3,153.59 vs. price of 円4,075.00 (29.2% above fair value)
Industry Position: 13971.1% above the Hardware median (#94 of 1678)
No single metric tells the full story. See the TSE:3020 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Applied Co Ltd is engaged in contract development and maintenance of work WEB systems, digital development, content development for consumers, operation of a game shop, purchase and sale of used handsets, planning and development of technical services, and contract production of OEM products.
76GF Score
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