TOCALO Co (TSE:3433) Interest Coverage: 176.08 (As of Mar. 2026) — 73% Below Median


TSE:3433 TOCALO Co Ltd TSE:3433
91 GF Score
Price 円3,245.00
GF Value 円2,212.31
Valuation Significantly Overvalued
! 6 Warning Signs
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What is TOCALO Co Interest Coverage?

TOCALO Co TSE:3433 -1.07% 91 Interest Coverage is 176.08 as of Mar. 2026, which is 73% below its 10-year median of 663.64. GuruFocus rates TSE:3433 with a GF Score™ of 91/100 and a GF Value™ of 円2,212.31 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 812 Business Services companies, TOCALO Co ranks better than 88.55% 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. TOCALO Co's Operating Income for the three months ended in Mar. 2026 was 円4,578 Mil. TOCALO Co's Interest Expense for the three months ended in Mar. 2026 was 円-26 Mil. TOCALO Co's interest coverage for the quarter that ended in Mar. 2026 was 176.08. The higher the ratio, the stronger the company's financial strength is.

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

TSE:3433' s Interest Coverage Range Over the Past 10 Years
Min: 320.61   Med: 663.64   Max: 3067.33
Current: 320.61


TSE:3433's Interest Coverage is ranked better than
88.55% of 812 companies
in the Business Services industry
Industry Median: 12.98 vs TSE:3433: 320.61

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


TOCALO Co  (TSE:3433) 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 .


TOCALO Co Interest Coverage Related Terms


TOCALO Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for TOCALO 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.

TOCALO Co Interest Coverage Chart

TOCALO Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,282.50 2,112.80 3,067.33 681.78 320.61

TOCALO Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 946.25 1,279.33 383.00 376.25 176.08

TSE:3433 vs CTAS, CPRT, ULS: Interest Coverage Comparison

For the Specialty Business Services subindustry, TOCALO 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.


TOCALO Co Interest Coverage vs Business Services Industry

For the Business Services industry and Industrials sector, TOCALO Co's Interest Coverage distribution charts can be found below:

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


TSE:3433
91GF Score
TOCALO Co Ltd TSE:3433
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TOCALO 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.

TOCALO Co's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, TOCALO Co's Interest Expense was 円-44 Mil. Its Operating Income was 円14,107 Mil. And its Long-Term Debt & Capital Lease Obligation was 円5,396 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*14107/-44
=320.61

TOCALO Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, TOCALO Co's Interest Expense was 円-26 Mil. Its Operating Income was 円4,578 Mil. And its Long-Term Debt & Capital Lease Obligation was 円5,396 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*4578/-26
=176.08

* 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 176.08 mean?
TOCALO Co (TSE:3433) has a Interest Coverage of 176.08 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on TOCALO Co and its competitors. This is 73% below median its historical median of 663.64. Over the past decade, TOCALO Co's Interest Coverage has ranged from 320.61 to 3,067.33. According to the industry distribution chart, TOCALO Co ranks #93 out of 812 companies in the Business Services industry, placing it in the top 11.5%.
Is TOCALO Co's Interest Coverage too high?
TOCALO Co's current Interest Coverage of 176.08 is 73% below median its 10-year median of 663.64. Over the past 10 years, this metric has ranged from a low of 320.61 to a high of 3,067.33. The Business Services industry median Interest Coverage is 12.98. TOCALO Co's value of 176.08 is 1256.5% above this industry median. Based on the distribution chart, TOCALO Co ranks #93 out of 812 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, TOCALO Co has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOCALO Co's Interest Coverage compare to CTAS and CPRT?
According to the Business Services industry distribution chart, TOCALO Co ranks #93 out of 812 companies for Interest Coverage. This places TOCALO Co in the top 12% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 12.98. TOCALO Co's value of 176.08 is 1256.5% above this benchmark. Historically, TOCALO Co's own Interest Coverage has ranged from 320.61 to 3,067.33 over the past decade. While the company's 10-year median is 663.64 vs. the industry median of 12.98, TOCALO 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 Business Services company?
The median Interest Coverage among Business Services companies is 12.98, based on 812 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. TOCALO Co's current Interest Coverage of 176.08 is 1256.5% 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 TOCALO Co and its competitors. For the Business Services industry, the median Interest Coverage is 12.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOCALO Co's current Interest Coverage is 176.08, which is 73% below median its own 10-year median of 663.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOCALO Co stock overvalued right now?
Based on GuruFocus' analysis, TOCALO Co (TSE:3433) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,212.31, compared to a current price of 円3,245.00 — trading 46.7% above its estimated fair value. The current Interest Coverage is 176.08, which is 73% below median its 10-year median of 663.64 and 1256.5% above the Business Services industry median of 12.98. TOCALO Co's overall GF Score™ is 91/100 with 6 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 TOCALO Co (TSE:3433), the current Interest Coverage is 176.08 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 TOCALO Co (TSE:3433) Overvalued in 2026?

Based on GuruFocus' analysis, TOCALO Co stock appears to be overvalued. The current stock price of 円3,245.00 is trading 46.7% above its estimated GF Value™ of 円2,212.31. GuruFocus considers TOCALO Co to be Significantly Overvalued.

Key valuation signals for TSE:3433:

  • Interest Coverage: 176.08 (73% below median its 10-year median of 663.64)
  • GF Value™: 円2,212.31 vs. price of 円3,245.00 (46.7% above fair value)
  • GF Score™: 91/100 with 6 warning signs
  • Industry Position: 1256.5% above the Business Services median (#93 of 812)

No single metric tells the full story. See the TSE:3433 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TOCALO Co Business Description

Address 4-13-4, Fukaekita-Machi, Higashinada-Ku, Kobe, JPN, 658-0013
TOCALO Co Ltd develops surface modifying technologies in Japan and internationally. The company produces various functional coatings through thermal spraying technology, including vacuum plasma, atmospheric plasma, electric arc, and high-velocity oxy-fuel spraying, as well as powder, rod, and wire flame spraying processes. It also provides peripheral surface technologies, such as WIN KOTE, CDC-ZAC, and Lite Force coatings; and TD, PTA, and PVD processes.
91GF Score

Get the complete analysis for TSE:3433

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

円3,245.00
Price
円2,212.31
GF Value