TSI Holdings CoTSE:3608 +1.65%83 Interest Coverage is 4.83 as of Feb. 2026, which is 78% below its 10-year median of 21.48. GuruFocus rates TSE:3608 with a GF Score™ of 83/100 and a GF Value™ of 円1,308.79 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 741 Manufacturing - Apparel & Accessories companies, TSI Holdings Co ranks better than 70.45% 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. TSI Holdings Co's
Operating Income
for the
three
months ended in Feb. 2026 was 円623 Mil. TSI Holdings Co's Interest Expense for the
three
months ended in Feb. 2026 was 円-129 Mil.
TSI Holdings Co's interest coverage for the quarter that ended in Feb. 2026 was 4.83.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for TSI Holdings Co's Interest Coverage or its related term are showing as below:
TSE:3608'
s Interest Coverage Range Over the Past 10 Years
Min: 0.32 Med: 21.48 Max: 40.73
Current: 16.83
TSE:3608's Interest Coverage is ranked better than 70.45% of 741
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.43
vs TSE:3608: 16.83
TSI Holdings Co (TSE:3608) 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 .
TSI Holdings Co Interest Coverage Related Terms
TSI Holdings Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for TSI Holdings 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:3608 vs RL, LEVI, VFC: Interest Coverage Comparison
For the Apparel Manufacturing subindustry, TSI Holdings 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.
TSI Holdings Co Interest Coverage vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, TSI Holdings Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where TSI Holdings 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.
TSI Holdings Co (TSE:3608) has a Interest Coverage of 4.83 as of Feb. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on TSI Holdings Co and its competitors. This is 78% below median its historical median of 21.48. Over the past decade, TSI Holdings Co's Interest Coverage has ranged from 0.32 to 40.73. According to the industry distribution chart, TSI Holdings Co ranks #219 out of 741 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 29.6%.
Is TSI Holdings Co's Interest Coverage too high?
TSI Holdings Co's current Interest Coverage of 4.83 is 78% below median its 10-year median of 21.48. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 40.73. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.43. TSI Holdings Co's value of 4.83 is 11% below this industry median. Based on the distribution chart, TSI Holdings Co ranks #219 out of 741 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, TSI Holdings Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TSI Holdings Co's Interest Coverage compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, TSI Holdings Co ranks #219 out of 741 companies for Interest Coverage. This puts TSI Holdings Co in the upper half of its industry. The industry median Interest Coverage is 5.43. TSI Holdings Co's value of 4.83 is 11% below this benchmark. Historically, TSI Holdings Co's own Interest Coverage has ranged from 0.32 to 40.73 over the past decade. While the company's 10-year median is 21.48 vs. the industry median of 5.43, TSI Holdings 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 Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.43, based on 741 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. TSI Holdings Co's current Interest Coverage of 4.83 is 11% 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 TSI Holdings Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSI Holdings Co's current Interest Coverage is 4.83, which is 78% below median its own 10-year median of 21.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSI Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, TSI Holdings Co (TSE:3608) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,308.79, compared to a current price of 円1,174.00 — trading 10.3% below its estimated fair value. The current Interest Coverage is 4.83, which is 78% below median its 10-year median of 21.48 and 11% below the Manufacturing - Apparel & Accessories industry median of 5.43. TSI Holdings Co's overall GF Score™ is 83/100 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 TSI Holdings Co (TSE:3608), the current Interest Coverage is 4.83 as of Feb. 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 TSI Holdings Co (TSE:3608) Overvalued in 2026?
Based on GuruFocus' analysis, TSI Holdings Co stock appears to be undervalued.
The current stock price of 円1,174.00 is trading 10.3% below its estimated GF Value™ of 円1,308.79.
GuruFocus considers TSI Holdings Co to be Modestly Undervalued.
Key valuation signals for TSE:3608:
Interest Coverage: 4.83 (78% below median its 10-year median of 21.48)
GF Value™: 円1,308.79 vs. price of 円1,174.00 (10.3% below fair value)
Industry Position: 11% below the Manufacturing - Apparel & Accessories median (#219 of 741)
No single metric tells the full story. See the TSE:3608 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TSI Holdings Co Ltd is an apparel manufacturer that owns and licenses dozens of brands that it sells through department stores, other retail stores and shopping centers, and e-commerce channels. The majority of the company's sales are in Japan, with the remainder coming from China and other parts of Asia. TSI's highest-selling brands, which collectively account for more than half of the company's total revenue, include nano, Natural Beauty Basic, Margaret Howell, Pearly Gates, Rose Bud, Stussy, Proportion Body Dressing, Free's Mart, Human Woman, and Callaway Apparel.
83GF Score
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