Mitachi Co (TSE:3321) Interest Coverage: 29.30 (As of Nov. 2025) — Near Median


TSE:3321 Mitachi Co Ltd TSE:3321
72 GF Score
Price 円1,824.00
GF Value 円3,743.66
Valuation Possible Value Trap
! 3 Warning Signs
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What is Mitachi Co Interest Coverage?

Mitachi Co TSE:3321 +2.07% 72 Interest Coverage is 29.30 as of Nov. 2025, which is 3% below its 10-year median of 30.33. GuruFocus rates TSE:3321 with a GF Score™ of 72/100 and a GF Value™ of 円3,743.66 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,671 Hardware companies, Mitachi Co ranks better than 59.37% 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. Mitachi Co's Operating Income for the three months ended in Nov. 2025 was 円865 Mil. Mitachi Co's Interest Expense for the three months ended in Nov. 2025 was 円-30 Mil. Mitachi Co's interest coverage for the quarter that ended in Nov. 2025 was 29.30. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Mitachi Co's Interest Coverage or its related term are showing as below:

TSE:3321' s Interest Coverage Range Over the Past 10 Years
Min: 19.05   Med: 30.33   Max: 100.91
Current: 22.25


TSE:3321's Interest Coverage is ranked better than
59.37% of 1671 companies
in the Hardware industry
Industry Median: 13.67 vs TSE:3321: 22.25

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Mitachi Co  (TSE:3321) 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 .


Mitachi Co Interest Coverage Related Terms


Mitachi Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Mitachi 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.

Mitachi Co Interest Coverage Chart

Mitachi Co Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.02 100.91 34.98 19.05 23.52

Mitachi Co Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.48 17.99 26.27 29.30 16.86

TSE:3321 vs APH, GLW: Interest Coverage Comparison

For the Electronic Components subindustry, Mitachi 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.


Mitachi Co Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, Mitachi Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Mitachi Co's Interest Coverage falls into.


TSE:3321
72GF Score
Mitachi Co Ltd TSE:3321
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitachi 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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Mitachi Co's Interest Coverage for the fiscal year that ended in May. 2025 is calculated as

Here, for the fiscal year that ended in May. 2025, Mitachi Co's Interest Expense was 円-91 Mil. Its Operating Income was 円2,148 Mil. And its Long-Term Debt & Capital Lease Obligation was 円263 Mil.

Interest Coverage=-1* Operating Income (A: May. 2025 )/Interest Expense (A: May. 2025 )
=-1*2148.296/-91.333
=23.52

Mitachi Co's Interest Coverage for the quarter that ended in Nov. 2025 is calculated as

Here, for the three months ended in Nov. 2025, Mitachi Co's Interest Expense was 円-30 Mil. Its Operating Income was 円865 Mil. And its Long-Term Debt & Capital Lease Obligation was 円253 Mil.

Interest Coverage=-1* Operating Income (Q: Nov. 2025 )/Interest Expense (Q: Nov. 2025 )
=-1*864.884/-29.515
=29.30

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 29.30 mean?
Mitachi Co (TSE:3321) has a Interest Coverage of 29.30 as of Nov. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mitachi Co and its competitors. This is near median its historical median of 30.33. Over the past decade, Mitachi Co's Interest Coverage has ranged from 19.05 to 100.91. According to the industry distribution chart, Mitachi Co ranks #679 out of 1671 companies in the Hardware industry, placing it in the top 40.6%.
Is Mitachi Co's Interest Coverage too high?
Mitachi Co's current Interest Coverage of 29.30 is near median its 10-year median of 30.33. Over the past 10 years, this metric has ranged from a low of 19.05 to a high of 100.91. The Hardware industry median Interest Coverage is 13.67. Mitachi Co's value of 29.30 is 114.3% above this industry median. Based on the distribution chart, Mitachi Co ranks #679 out of 1671 companies in the Hardware industry, which is above the industry midpoint. Overall, Mitachi Co has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mitachi Co's Interest Coverage compare to APH and GLW?
According to the Hardware industry distribution chart, Mitachi Co ranks #679 out of 1671 companies for Interest Coverage. This puts Mitachi Co in the upper half of its industry. The industry median Interest Coverage is 13.67. Mitachi Co's value of 29.30 is 114.3% above this benchmark. Historically, Mitachi Co's own Interest Coverage has ranged from 19.05 to 100.91 over the past decade. While the company's 10-year median is 30.33 vs. the industry median of 13.67, Mitachi 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 13.67, based on 1,671 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. Mitachi Co's current Interest Coverage of 29.30 is 114.3% 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 Mitachi Co and its competitors. For the Hardware industry, the median Interest Coverage is 13.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitachi Co's current Interest Coverage is 29.30, which is near median its own 10-year median of 30.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitachi Co stock overvalued right now?
Based on GuruFocus' analysis, Mitachi Co (TSE:3321) is currently considered Possible Value Trap. The stock's GF Value™ is 円3,743.66, compared to a current price of 円1,824.00 — trading 51.3% below its estimated fair value. The current Interest Coverage is 29.30, which is near median its 10-year median of 30.33 and 114.3% above the Hardware industry median of 13.67. Mitachi Co's overall GF Score™ is 72/100 with 3 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 Mitachi Co (TSE:3321), the current Interest Coverage is 29.30 as of Nov. 2025. 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 Mitachi Co (TSE:3321) Overvalued in 2026?

Based on GuruFocus' analysis, Mitachi Co stock appears to be undervalued. The current stock price of 円1,824.00 is trading 51.3% below its estimated GF Value™ of 円3,743.66. GuruFocus considers Mitachi Co to be Possible Value Trap.

Key valuation signals for TSE:3321:

  • Interest Coverage: 29.30 (near median its 10-year median of 30.33)
  • GF Value™: 円3,743.66 vs. price of 円1,824.00 (51.3% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 114.3% above the Hardware median (#679 of 1671)

No single metric tells the full story. See the TSE:3321 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitachi Co Business Description

Address 2-11-28, Iseyama, Naka-ku, Nagoya-shi, Aichi, JPN, 460-0026
Mitachi Co Ltd is engaged in the sale of electronics devices such as semiconductor, LCD, as well as electronics components, and motors for various electronics industries such as car electronics, amusement, industrial equipment, consumer equipment, communication equipment, and so on. It offers various products such as universal integrated circuits (ICs), diodes, transistors, optical semiconductors and system large-scale integration (LSI); liquid crystal products, such as liquid crystal modules; electronic components, including resistors, condensers, switches and electronic printed boards.
72GF Score

Get the complete analysis for TSE:3321

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,824.00
Price
円3,743.66
GF Value