Dualtap Co (TSE:3469) Interest Coverage: 2.43 (As of Mar. 2026) — 59% Below Median

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TSE:3469 Dualtap Co Ltd TSE:3469
63 GF Score
Price 円900.00
GF Value 円1,073.69
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Dualtap Co Interest Coverage?

Dualtap Co TSE:3469 +0.22% 63 Interest Coverage is 2.43 as of Mar. 2026, which is 59% below its 10-year median of 5.92. GuruFocus rates TSE:3469 with a GF Score™ of 63/100 and a GF Value™ of 円1,073.69 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,300 Real Estate companies, Dualtap Co ranks worse than 53.85% 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. Dualtap Co's Operating Income for the three months ended in Mar. 2026 was 円49 Mil. Dualtap Co's Interest Expense for the three months ended in Mar. 2026 was 円-20 Mil. Dualtap Co's interest coverage for the quarter that ended in Mar. 2026 was 2.43. The higher the ratio, the stronger the company's financial strength is.

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

TSE:3469' s Interest Coverage Range Over the Past 10 Years
Min: 0.72   Med: 5.92   Max: 12.4
Current: 3.72


TSE:3469's Interest Coverage is ranked worse than
53.85% of 1300 companies
in the Real Estate industry
Industry Median: 4.355 vs TSE:3469: 3.72

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


Dualtap Co  (TSE:3469) 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 .


Dualtap Co Interest Coverage Related Terms


Dualtap Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Dualtap 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.

Dualtap Co Interest Coverage Chart

Dualtap Co Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 10.42 0.00 3.22 2.42

Dualtap Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 10.67 0.00 6.02 2.43 3.74

Dualtap Co Interest Coverage Competitor Comparison

For the Real Estate - Diversified subindustry, Dualtap 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.


Dualtap Co Interest Coverage vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Dualtap Co's Interest Coverage distribution charts can be found below:

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


TSE:3469
63GF Score
Dualtap Co Ltd TSE:3469
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dualtap 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.

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

Here, for the fiscal year that ended in Jun. 2026, Dualtap Co's Interest Expense was 円-79 Mil. Its Operating Income was 円190 Mil. And its Long-Term Debt & Capital Lease Obligation was 円1,061 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2026 )/Interest Expense (A: Jun. 2026 )
=-1*190.338/-78.739
=2.42

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

Here, for the three months ended in Mar. 2026, Dualtap Co's Interest Expense was 円-20 Mil. Its Operating Income was 円49 Mil. And its Long-Term Debt & Capital Lease Obligation was 円1,123 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*48.861/-20.084
=2.43

* 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 2.43 mean?
Dualtap Co (TSE:3469) has a Interest Coverage of 2.43 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Dualtap Co and its competitors. This is 59% below median its historical median of 5.92. Over the past decade, Dualtap Co's Interest Coverage has ranged from 0.72 to 12.40. According to the industry distribution chart, Dualtap Co ranks #700 out of 1300 companies in the Real Estate industry, placing it in the top 53.8%.
Is Dualtap Co's Interest Coverage too high?
Dualtap Co's current Interest Coverage of 2.43 is 59% below median its 10-year median of 5.92. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 12.40. The Real Estate industry median Interest Coverage is 4.36. Dualtap Co's value of 2.43 is 44.2% below this industry median. Based on the distribution chart, Dualtap Co ranks #700 out of 1300 companies in the Real Estate industry, which is below the industry midpoint. Overall, Dualtap Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dualtap Co's Interest Coverage compare to competitors?
According to the Real Estate industry distribution chart, Dualtap Co ranks #700 out of 1300 companies for Interest Coverage. This places Dualtap Co in the lower half of its industry. The industry median Interest Coverage is 4.36. Dualtap Co's value of 2.43 is 44.2% below this benchmark. Historically, Dualtap Co's own Interest Coverage has ranged from 0.72 to 12.40 over the past decade. While the company's 10-year median is 5.92 vs. the industry median of 4.36, Dualtap Co has consistently been below 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 4.36, based on 1,300 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. Dualtap Co's current Interest Coverage of 2.43 is 44.2% below 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 Dualtap Co and its competitors. For the Real Estate industry, the median Interest Coverage is 4.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dualtap Co's current Interest Coverage is 2.43, which is 59% below median its own 10-year median of 5.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dualtap Co stock overvalued right now?
Based on GuruFocus' analysis, Dualtap Co (TSE:3469) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,073.69, compared to a current price of 円900.00 — trading 16.2% below its estimated fair value. The current Interest Coverage is 2.43, which is 59% below median its 10-year median of 5.92 and 44.2% below the Real Estate industry median of 4.36. Dualtap Co's overall GF Score™ is 63/100 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 Dualtap Co (TSE:3469), the current Interest Coverage is 2.43 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 Dualtap Co (TSE:3469) Overvalued in 2026?

Based on GuruFocus' analysis, Dualtap Co stock appears to be undervalued. The current stock price of 円900.00 is trading 16.2% below its estimated GF Value™ of 円1,073.69. GuruFocus considers Dualtap Co to be Modestly Undervalued.

Key valuation signals for TSE:3469:

  • Interest Coverage: 2.43 (59% below median its 10-year median of 5.92)
  • GF Value™: 円1,073.69 vs. price of 円900.00 (16.2% below fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 44.2% below the Real Estate median (#700 of 1300)

No single metric tells the full story. See the TSE:3469 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dualtap Co Business Description

Address 4-7 Hisamatsucho, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-0005
Dualtap Co Ltd is a real estate company. Along with its subsidiaries, the company operates across various business segments such as the Real estate sales business, Real estate management business, Overseas real estate business, and the Sales support business. A majority of its revenue is generated from the Real estate sales business which plans and develops asset management condominiums, called XEBEC across various wards of Tokyo. The properties developed are sold to individual investors, REITs, real estate funds, corporate corporations, etc.
63GF Score

Get the complete analysis for TSE:3469

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

円900.00
Price
円1,073.69
GF Value