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Densan CoTSE:3640 +2.29%69 Interest Coverage is 490.32 as of Mar. 2026, which is 654% above its 10-year median of 65.02. GuruFocus rates TSE:3640 with a GF Score™ of 69/100 and a GF Value™ of 円2,525.98 (Fairly Valued). Among 637 Semiconductors companies, Densan Co ranks better than 84.93% 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. Densan Co's
Operating Income
for the
six
months ended in Mar. 2026 was 円4,610 Mil. Densan Co's Interest Expense for the
six
months ended in Mar. 2026 was 円-9 Mil.
Densan Co's interest coverage for the quarter that ended in Mar. 2026 was 490.32.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Densan Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Densan Co's Interest Coverage or its related term are showing as below:
TSE:3640'
s Interest Coverage Range Over the Past 10 Years
Min: 16.55 Med: 65.02 Max: 323.73
Current: 323.73
TSE:3640's Interest Coverage is ranked better than 84.93% of 637
companies
in the Semiconductors industry
Industry Median: 20.5
vs TSE:3640: 323.73
Densan Co (TSE:3640) 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 .
Densan Co Interest Coverage Related Terms
Densan Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Densan 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:3640 vs NVDA, AVGO, MU: Interest Coverage Comparison
For the Semiconductors subindustry, Densan 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.
Densan Co Interest Coverage vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Densan Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Densan 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.
Densan Co (TSE:3640) has a Interest Coverage of 490.32 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Densan Co and its competitors. This is 654% above median its historical median of 65.02. Over the past decade, Densan Co's Interest Coverage has ranged from 16.55 to 323.73. According to the industry distribution chart, Densan Co ranks #96 out of 637 companies in the Semiconductors industry, placing it in the top 15.1%.
Is Densan Co's Interest Coverage too high?
Densan Co's current Interest Coverage of 490.32 is 654% above median its 10-year median of 65.02. Over the past 10 years, this metric has ranged from a low of 16.55 to a high of 323.73. The Semiconductors industry median Interest Coverage is 20.50. Densan Co's value of 490.32 is 2291.8% above this industry median. Based on the distribution chart, Densan Co ranks #96 out of 637 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Densan Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Densan Co's Interest Coverage compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Densan Co ranks #96 out of 637 companies for Interest Coverage. This places Densan Co in the top 15% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 20.50. Densan Co's value of 490.32 is 2291.8% above this benchmark. Historically, Densan Co's own Interest Coverage has ranged from 16.55 to 323.73 over the past decade. While the company's 10-year median is 65.02 vs. the industry median of 20.50, Densan 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 Semiconductors company?
The median Interest Coverage among Semiconductors companies is 20.50, based on 637 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. Densan Co's current Interest Coverage of 490.32 is 2291.8% 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 Densan Co and its competitors. For the Semiconductors industry, the median Interest Coverage is 20.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Densan Co's current Interest Coverage is 490.32, which is 654% above median its own 10-year median of 65.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Densan Co stock overvalued right now?
Based on GuruFocus' analysis, Densan Co (TSE:3640) is currently considered Fairly Valued. The stock's GF Value™ is 円2,525.98, compared to a current price of 円2,414.00 — trading 4.4% below its estimated fair value. The current Interest Coverage is 490.32, which is 654% above median its 10-year median of 65.02 and 2291.8% above the Semiconductors industry median of 20.50. Densan Co's overall GF Score™ is 69/100. 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 Densan Co (TSE:3640), the current Interest Coverage is 490.32 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 Densan Co (TSE:3640) Overvalued in 2026?
Based on GuruFocus' analysis, Densan Co stock appears to be undervalued.
The current stock price of 円2,414.00 is trading 4.4% below its estimated GF Value™ of 円2,525.98.
GuruFocus considers Densan Co to be Fairly Valued.
Key valuation signals for TSE:3640:
Interest Coverage: 490.32 (654% above median its 10-year median of 65.02)
GF Value™: 円2,525.98 vs. price of 円2,414.00 (4.4% below fair value)
Industry Position: 2291.8% above the Semiconductors median (#96 of 637)
No single metric tells the full story. See the TSE:3640 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Densan Co Ltd is engaged in the development and provision of information systems and related services. Its reporting segments include the Public Sector and the Industrial Sector. In the Public Sector, it serves local governments and related organizations by developing, selling, and supporting package systems, as well as offering equipment sales and information processing services. The Industrial Sector focuses on private enterprises and medical and welfare institutions, offering software development, equipment sales, and various information services. It also includes internet connectivity services for general consumers. It generates the majority of its revenue from the Public Sector segment.
69GF Score
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