Mie Kotsu Group HoldingsTSE:3232 +0.74%77 Interest Coverage is 8.39 as of Mar. 2026, which is 44% below its 10-year median of 14.93. GuruFocus rates TSE:3232 with a GF Score™ of 77/100 and a GF Value™ of 円591.89 (Fairly Valued). The stock has 2 warning signs investors should review. Among 427 Conglomerates companies, Mie Kotsu Group Holdings ranks better than 70.96% 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. Mie Kotsu Group Holdings's
Operating Income
for the
three
months ended in Mar. 2026 was 円1,693 Mil. Mie Kotsu Group Holdings's Interest Expense for the
three
months ended in Mar. 2026 was 円-202 Mil.
Mie Kotsu Group Holdings's interest coverage for the quarter that ended in Mar. 2026 was 8.39.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Mie Kotsu Group Holdings's Interest Coverage or its related term are showing as below:
TSE:3232'
s Interest Coverage Range Over the Past 10 Years
Min: 1.12 Med: 14.93 Max: 22.45
Current: 14.17
TSE:3232's Interest Coverage is ranked better than 70.96% of 427
companies
in the Conglomerates industry
Industry Median: 5.33
vs TSE:3232: 14.17
Mie Kotsu Group Holdings (TSE:3232) 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 .
Mie Kotsu Group Holdings Interest Coverage Related Terms
Mie Kotsu Group Holdings Interest Coverage Historical Data
* 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:3232 vs HON, MMM: Interest Coverage Comparison
For the Conglomerates subindustry, Mie Kotsu Group Holdings'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.
Mie Kotsu Group Holdings Interest Coverage vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Mie Kotsu Group Holdings's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Mie Kotsu Group Holdings's Interest Coverage falls into.
Mie Kotsu Group Holdings 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:
* 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.
Mie Kotsu Group Holdings (TSE:3232) has a Interest Coverage of 8.39 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mie Kotsu Group Holdings and its competitors. This is 44% below median its historical median of 14.93. Over the past decade, Mie Kotsu Group Holdings' Interest Coverage has ranged from 1.12 to 22.45. According to the industry distribution chart, Mie Kotsu Group Holdings ranks #124 out of 427 companies in the Conglomerates industry, placing it in the top 29%.
Is Mie Kotsu Group Holdings' Interest Coverage too high?
Mie Kotsu Group Holdings' current Interest Coverage of 8.39 is 44% below median its 10-year median of 14.93. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 22.45. The Conglomerates industry median Interest Coverage is 5.33. Mie Kotsu Group Holdings' value of 8.39 is 57.4% above this industry median. Based on the distribution chart, Mie Kotsu Group Holdings ranks #124 out of 427 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Mie Kotsu Group Holdings has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mie Kotsu Group Holdings' Interest Coverage compare to HON and MMM?
According to the Conglomerates industry distribution chart, Mie Kotsu Group Holdings ranks #124 out of 427 companies for Interest Coverage. This puts Mie Kotsu Group Holdings in the upper half of its industry. The industry median Interest Coverage is 5.33. Mie Kotsu Group Holdings' value of 8.39 is 57.4% above this benchmark. Historically, Mie Kotsu Group Holdings' own Interest Coverage has ranged from 1.12 to 22.45 over the past decade. While the company's 10-year median is 14.93 vs. the industry median of 5.33, Mie Kotsu Group Holdings 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 Conglomerates company?
The median Interest Coverage among Conglomerates companies is 5.33, based on 427 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. Mie Kotsu Group Holdings's current Interest Coverage of 8.39 is 57.4% 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 Mie Kotsu Group Holdings and its competitors. For the Conglomerates industry, the median Interest Coverage is 5.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mie Kotsu Group Holdings's current Interest Coverage is 8.39, which is 44% below median its own 10-year median of 14.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mie Kotsu Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Mie Kotsu Group Holdings (TSE:3232) is currently considered Fairly Valued. The stock's GF Value™ is 円591.89, compared to a current price of 円548.00 — trading 7.4% below its estimated fair value. The current Interest Coverage is 8.39, which is 44% below median its 10-year median of 14.93 and 57.4% above the Conglomerates industry median of 5.33. Mie Kotsu Group Holdings' overall GF Score™ is 77/100 with 2 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 Mie Kotsu Group Holdings (TSE:3232), the current Interest Coverage is 8.39 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 Mie Kotsu Group Holdings (TSE:3232) Overvalued in 2026?
Based on GuruFocus' analysis, Mie Kotsu Group Holdings stock appears to be undervalued.
The current stock price of 円548.00 is trading 7.4% below its estimated GF Value™ of 円591.89.
GuruFocus considers Mie Kotsu Group Holdings to be Fairly Valued.
Key valuation signals for TSE:3232:
Interest Coverage: 8.39 (44% below median its 10-year median of 14.93)
GF Value™: 円591.89 vs. price of 円548.00 (7.4% below fair value)
Industry Position: 57.4% above the Conglomerates median (#124 of 427)
No single metric tells the full story. See the TSE:3232 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mie Kotsu Group Holdings Inc is a Japan-based company mainly engaged in the provision of transportation services. The company operates through four businesses namely real estate, transportation, distribution and leisure services. Its real estate business is involved in the trading and leasing of real estates. The transportation business offers bus, taxi, railway transportation, and automobile maintenance services. Its distribution business consists of delivering goods and services. The leisure services market operates hotels and golf courses as well as tourism consulting services.
77GF Score
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