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. Central General Development Co's
Operating Income
for the
three
months ended in Mar. 2026 was 円1,989 Mil. Central General Development Co's Interest Expense for the
three
months ended in Mar. 2026 was 円-161 Mil.
Central General Development Co's interest coverage for the quarter that ended in Mar. 2026 was 12.37.
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. Central General Development Co Ltd interest coverage is 1.42, which is low.
The historical rank and industry rank for Central General Development Co's Interest Coverage or its related term are showing as below:
TSE:3238'
s Interest Coverage Range Over the Past 10 Years
Min: 1.42 Med: 4.11 Max: 7.79
Current: 1.42
TSE:3238's Interest Coverage is ranked worse than 79.98% of 1299
companies
in the Real Estate industry
Industry Median: 4.24
vs TSE:3238: 1.42
Central General Development Co (TSE:3238) 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 .
Central General Development Co Interest Coverage Related Terms
Central General Development Co 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.
Central General Development Co Interest Coverage Chart
TSE:3238 vs CBRE, BEKE, JLL: Interest Coverage Comparison
For the Real Estate Services subindustry, Central General Development 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.
Central General Development Co Interest Coverage vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Central General Development Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Central General Development Co's Interest Coverage falls into.
Central General Development 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:
* 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.
Central General Development Co (TSE:3238) has a Interest Coverage of 12.37 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Central General Development Co and its competitors. This is 201% above median its historical median of 4.11. Over the past decade, Central General Development Co's Interest Coverage has ranged from 1.42 to 7.79. According to the industry distribution chart, Central General Development Co ranks #1039 out of 1299 companies in the Real Estate industry, placing it in the top 80%.
Is Central General Development Co's Interest Coverage too high?
Central General Development Co's current Interest Coverage of 12.37 is 201% above median its 10-year median of 4.11. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 7.79. The Real Estate industry median Interest Coverage is 4.24. Central General Development Co's value of 12.37 is 191.7% above this industry median. Based on the distribution chart, Central General Development Co ranks #1039 out of 1299 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Central General Development Co has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Central General Development Co's Interest Coverage compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Central General Development Co ranks #1039 out of 1299 companies for Interest Coverage. This places Central General Development Co in the lower half of its industry. The industry median Interest Coverage is 4.24. Central General Development Co's value of 12.37 is 191.7% above this benchmark. Historically, Central General Development Co's own Interest Coverage has ranged from 1.42 to 7.79 over the past decade. While the company's 10-year median is 4.11 vs. the industry median of 4.24, Central General Development 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 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. Central General Development Co's current Interest Coverage of 12.37 is 191.7% 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 Central General Development Co 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. Central General Development Co's current Interest Coverage is 12.37, which is 201% above median its own 10-year median of 4.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central General Development Co stock overvalued right now?
Based on GuruFocus' analysis, Central General Development Co (TSE:3238) is currently considered Possible Value Trap. The stock's GF Value™ is 円581.41, compared to a current price of 円370.00 — trading 36.4% below its estimated fair value. The current Interest Coverage is 12.37, which is 201% above median its 10-year median of 4.11 and 191.7% above the Real Estate industry median of 4.24. Central General Development Co's overall GF Score™ is 48/100 with 8 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 Central General Development Co (TSE:3238), the current Interest Coverage is 12.37 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 Central General Development Co (TSE:3238) Overvalued in 2026?
Based on GuruFocus' analysis, Central General Development Co stock appears to be undervalued.
The current stock price of 円370.00 is trading 36.4% below its estimated GF Value™ of 円581.41.
GuruFocus considers Central General Development Co to be Possible Value Trap.
Key valuation signals for TSE:3238:
Interest Coverage: 12.37 (201% above median its 10-year median of 4.11)
GF Value™: 円581.41 vs. price of 円370.00 (36.4% below fair value)
Industry Position: 191.7% above the Real Estate median (#1039 of 1299)
No single metric tells the full story. See the TSE:3238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Central General Development Co Business Description
Central General Development Co Ltd is engaged in the real estate business in Japan. The company is involved in the management and operation of real estate-related businesses in Japan. It sells condominiums and provides after-sale services, such as inspection and repairs and leases buildings.
48GF Score
Get the complete analysis for TSE:3238
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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