Tokuden CoTSE:3437 -0.71%74 Interest Coverage is 51.77 as of Mar. 2026, which is 91% below its 10-year median of 584.81. GuruFocus rates TSE:3437 with a GF Score™ of 74/100 and a GF Value™ of 円2,756.64 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,320 Industrial Products companies, Tokuden Co ranks better than 74.96% 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. Tokuden Co's
Operating Income
for the
six
months ended in Mar. 2026 was 円282 Mil. Tokuden Co's Interest Expense for the
six
months ended in Mar. 2026 was 円-5 Mil.
Tokuden Co's interest coverage for the quarter that ended in Mar. 2026 was 51.77.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Tokuden Co's Interest Coverage or its related term are showing as below:
TSE:3437'
s Interest Coverage Range Over the Past 10 Years
Min: 58.49 Med: 584.81 Max: 1732.62
Current: 58.49
TSE:3437's Interest Coverage is ranked better than 74.96% of 2320
companies
in the Industrial Products industry
Industry Median: 14.88
vs TSE:3437: 58.49
Tokuden Co (TSE:3437) 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 .
Tokuden Co Interest Coverage Related Terms
Tokuden Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Tokuden 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:3437 vs GEV, ETN, PH: Interest Coverage Comparison
For the Specialty Industrial Machinery subindustry, Tokuden 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.
Tokuden Co Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tokuden Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Tokuden 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.
Tokuden Co (TSE:3437) has a Interest Coverage of 51.77 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Tokuden Co and its competitors. This is 91% below median its historical median of 584.81. Over the past decade, Tokuden Co's Interest Coverage has ranged from 58.49 to 1,732.62. According to the industry distribution chart, Tokuden Co ranks #581 out of 2320 companies in the Industrial Products industry, placing it in the top 25%.
Is Tokuden Co's Interest Coverage too high?
Tokuden Co's current Interest Coverage of 51.77 is 91% below median its 10-year median of 584.81. Over the past 10 years, this metric has ranged from a low of 58.49 to a high of 1,732.62. The Industrial Products industry median Interest Coverage is 14.88. Tokuden Co's value of 51.77 is 247.9% above this industry median. Based on the distribution chart, Tokuden Co ranks #581 out of 2320 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Tokuden Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tokuden Co's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Tokuden Co ranks #581 out of 2320 companies for Interest Coverage. This places Tokuden Co in the top 25% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.88. Tokuden Co's value of 51.77 is 247.9% above this benchmark. Historically, Tokuden Co's own Interest Coverage has ranged from 58.49 to 1,732.62 over the past decade. While the company's 10-year median is 584.81 vs. the industry median of 14.88, Tokuden 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.88, based on 2,320 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. Tokuden Co's current Interest Coverage of 51.77 is 247.9% 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 Tokuden Co and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokuden Co's current Interest Coverage is 51.77, which is 91% below median its own 10-year median of 584.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokuden Co stock overvalued right now?
Based on GuruFocus' analysis, Tokuden Co (TSE:3437) is currently considered Fairly Valued. The stock's GF Value™ is 円2,756.64, compared to a current price of 円2,644.00 — trading 4.1% below its estimated fair value. The current Interest Coverage is 51.77, which is 91% below median its 10-year median of 584.81 and 247.9% above the Industrial Products industry median of 14.88. Tokuden Co's overall GF Score™ is 74/100 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 Tokuden Co (TSE:3437), the current Interest Coverage is 51.77 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 Tokuden Co (TSE:3437) Overvalued in 2026?
Based on GuruFocus' analysis, Tokuden Co stock appears to be undervalued.
The current stock price of 円2,644.00 is trading 4.1% below its estimated GF Value™ of 円2,756.64.
GuruFocus considers Tokuden Co to be Fairly Valued.
Key valuation signals for TSE:3437:
Interest Coverage: 51.77 (91% below median its 10-year median of 584.81)
GF Value™: 円2,756.64 vs. price of 円2,644.00 (4.1% below fair value)
Industry Position: 247.9% above the Industrial Products median (#581 of 2320)
No single metric tells the full story. See the TSE:3437 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokuden Co Ltd is engaged in the manufacturing of industrial products like submerged arc welding, wire for TIG welding, wire for MIG welding, fusion type flux, and PTA welding powder material.
74GF Score
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