Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Pacific Net CoTSE:3021 -1.03%82 Interest Coverage is 17.30 as of Feb. 2026, which is 37% below its 10-year median of 27.49. GuruFocus rates TSE:3021 with a GF Score™ of 82/100 and a GF Value™ of 円2,177.09 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,668 Hardware companies, Pacific Net Co ranks worse than 50.06% 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. Pacific Net Co's
Operating Income
for the
three
months ended in Feb. 2026 was 円469 Mil. Pacific Net Co's Interest Expense for the
three
months ended in Feb. 2026 was 円-27 Mil.
Pacific Net Co's interest coverage for the quarter that ended in Feb. 2026 was 17.30.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Pacific Net Co's Interest Coverage or its related term are showing as below:
TSE:3021'
s Interest Coverage Range Over the Past 10 Years
Min: 2.19 Med: 27.49 Max: 65.16
Current: 13.82
TSE:3021's Interest Coverage is ranked worse than 50.06% of 1668
companies
in the Hardware industry
Industry Median: 13.84
vs TSE:3021: 13.82
Pacific Net Co (TSE:3021) 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 .
Pacific Net Co Interest Coverage Related Terms
Pacific Net Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Pacific Net 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:3021 vs DELL, ANET, SNDK: Interest Coverage Comparison
For the Computer Hardware subindustry, Pacific Net 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.
Pacific Net Co Interest Coverage vs Hardware Industry
For the Hardware industry and Technology sector, Pacific Net Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Pacific Net 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.
Pacific Net Co (TSE:3021) has a Interest Coverage of 17.30 as of Feb. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Pacific Net Co and its competitors. This is 37% below median its historical median of 27.49. Over the past decade, Pacific Net Co's Interest Coverage has ranged from 2.19 to 65.16. According to the industry distribution chart, Pacific Net Co ranks #835 out of 1668 companies in the Hardware industry, placing it in the top 50.1%.
Is Pacific Net Co's Interest Coverage too high?
Pacific Net Co's current Interest Coverage of 17.30 is 37% below median its 10-year median of 27.49. Over the past 10 years, this metric has ranged from a low of 2.19 to a high of 65.16. The Hardware industry median Interest Coverage is 13.84. Pacific Net Co's value of 17.30 is 25% above this industry median. Based on the distribution chart, Pacific Net Co ranks #835 out of 1668 companies in the Hardware industry, which is below the industry midpoint. Overall, Pacific Net Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pacific Net Co's Interest Coverage compare to DELL and ANET?
According to the Hardware industry distribution chart, Pacific Net Co ranks #835 out of 1668 companies for Interest Coverage. This places Pacific Net Co in the lower half of its industry. The industry median Interest Coverage is 13.84. Pacific Net Co's value of 17.30 is 25% above this benchmark. Historically, Pacific Net Co's own Interest Coverage has ranged from 2.19 to 65.16 over the past decade. While the company's 10-year median is 27.49 vs. the industry median of 13.84, Pacific Net 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 13.84, based on 1,668 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. Pacific Net Co's current Interest Coverage of 17.30 is 25% 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 Pacific Net Co and its competitors. For the Hardware industry, the median Interest Coverage is 13.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pacific Net Co's current Interest Coverage is 17.30, which is 37% below median its own 10-year median of 27.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pacific Net Co stock overvalued right now?
Based on GuruFocus' analysis, Pacific Net Co (TSE:3021) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,177.09, compared to a current price of 円1,544.00 — trading 29.1% below its estimated fair value. The current Interest Coverage is 17.30, which is 37% below median its 10-year median of 27.49 and 25% above the Hardware industry median of 13.84. Pacific Net Co'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 Pacific Net Co (TSE:3021), the current Interest Coverage is 17.30 as of Feb. 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 Pacific Net Co (TSE:3021) Overvalued in 2026?
Based on GuruFocus' analysis, Pacific Net Co stock appears to be undervalued.
The current stock price of 円1,544.00 is trading 29.1% below its estimated GF Value™ of 円2,177.09.
GuruFocus considers Pacific Net Co to be Modestly Undervalued.
Key valuation signals for TSE:3021:
Interest Coverage: 17.30 (37% below median its 10-year median of 27.49)
GF Value™: 円2,177.09 vs. price of 円1,544.00 (29.1% below fair value)
Industry Position: 25% above the Hardware median (#835 of 1668)
No single metric tells the full story. See the TSE:3021 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pacific Net Co Ltd is engaged in reusing and recycling personal computers (PC) and other information equipment in Japan. It also provides personal computer rental and data erasing services.
82GF Score
Get the complete analysis for TSE:3021
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:3021 has been successfully added to your 
