Tokushu Tokai Paper CoTSE:3708 -0.61%64 Interest Coverage is 8.78 as of Mar. 2026, which is 44% below its 10-year median of 15.70. GuruFocus rates TSE:3708 with a GF Score™ of 64/100 and a GF Value™ of 円1,378.98 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 183 Forest Products companies, Tokushu Tokai Paper Co ranks better than 77.6% 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. Tokushu Tokai Paper Co's
Operating Income
for the
three
months ended in Mar. 2026 was 円755 Mil. Tokushu Tokai Paper Co's Interest Expense for the
three
months ended in Mar. 2026 was 円-86 Mil.
Tokushu Tokai Paper Co's interest coverage for the quarter that ended in Mar. 2026 was 8.78.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Tokushu Tokai Paper Co's Interest Coverage or its related term are showing as below:
TSE:3708'
s Interest Coverage Range Over the Past 10 Years
Min: 11.98 Med: 15.7 Max: 30.89
Current: 14.67
TSE:3708's Interest Coverage is ranked better than 77.6% of 183
companies
in the Forest Products industry
Industry Median: 4.11
vs TSE:3708: 14.67
Tokushu Tokai Paper Co (TSE:3708) 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 .
Tokushu Tokai Paper Co Interest Coverage Related Terms
Tokushu Tokai Paper Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Tokushu Tokai Paper 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.
Tokushu Tokai Paper Co Interest Coverage Competitor Comparison
For the Paper & Paper Products subindustry, Tokushu Tokai Paper 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.
Tokushu Tokai Paper Co Interest Coverage vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Tokushu Tokai Paper Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Tokushu Tokai Paper Co's Interest Coverage falls into.
Tokushu Tokai Paper 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:
* 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.
Tokushu Tokai Paper Co (TSE:3708) has a Interest Coverage of 8.78 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Tokushu Tokai Paper Co and its competitors. This is 44% below median its historical median of 15.70. Over the past decade, Tokushu Tokai Paper Co's Interest Coverage has ranged from 11.98 to 30.89. According to the industry distribution chart, Tokushu Tokai Paper Co ranks #41 out of 183 companies in the Forest Products industry, placing it in the top 22.4%.
Is Tokushu Tokai Paper Co's Interest Coverage too high?
Tokushu Tokai Paper Co's current Interest Coverage of 8.78 is 44% below median its 10-year median of 15.70. Over the past 10 years, this metric has ranged from a low of 11.98 to a high of 30.89. The Forest Products industry median Interest Coverage is 4.11. Tokushu Tokai Paper Co's value of 8.78 is 113.6% above this industry median. Based on the distribution chart, Tokushu Tokai Paper Co ranks #41 out of 183 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Tokushu Tokai Paper Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokushu Tokai Paper Co's Interest Coverage compare to competitors?
According to the Forest Products industry distribution chart, Tokushu Tokai Paper Co ranks #41 out of 183 companies for Interest Coverage. This places Tokushu Tokai Paper Co in the top 22% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.11. Tokushu Tokai Paper Co's value of 8.78 is 113.6% above this benchmark. Historically, Tokushu Tokai Paper Co's own Interest Coverage has ranged from 11.98 to 30.89 over the past decade. While the company's 10-year median is 15.70 vs. the industry median of 4.11, Tokushu Tokai Paper 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 Forest Products company?
The median Interest Coverage among Forest Products companies is 4.11, based on 183 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. Tokushu Tokai Paper Co's current Interest Coverage of 8.78 is 113.6% 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 Tokushu Tokai Paper Co and its competitors. For the Forest Products industry, the median Interest Coverage is 4.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokushu Tokai Paper Co's current Interest Coverage is 8.78, which is 44% below median its own 10-year median of 15.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokushu Tokai Paper Co stock overvalued right now?
Based on GuruFocus' analysis, Tokushu Tokai Paper Co (TSE:3708) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,378.98, compared to a current price of 円1,953.00 — trading 41.6% above its estimated fair value. The current Interest Coverage is 8.78, which is 44% below median its 10-year median of 15.70 and 113.6% above the Forest Products industry median of 4.11. Tokushu Tokai Paper Co's overall GF Score™ is 64/100 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 Tokushu Tokai Paper Co (TSE:3708), the current Interest Coverage is 8.78 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 Tokushu Tokai Paper Co (TSE:3708) Overvalued in 2026?
Based on GuruFocus' analysis, Tokushu Tokai Paper Co stock appears to be overvalued.
The current stock price of 円1,953.00 is trading 41.6% above its estimated GF Value™ of 円1,378.98.
GuruFocus considers Tokushu Tokai Paper Co to be Significantly Overvalued.
Key valuation signals for TSE:3708:
Interest Coverage: 8.78 (44% below median its 10-year median of 15.70)
GF Value™: 円1,378.98 vs. price of 円1,953.00 (41.6% above fair value)
Industry Position: 113.6% above the Forest Products median (#41 of 183)
No single metric tells the full story. See the TSE:3708 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokushu Tokai Paper Co Ltd manufactures and sells a variety of paper products. The company organizes itself into three primary divisions based on product type. The special-use paper division sells specialized paper that is used for food packaging, art printing, and securities protection. The industrial paper division sells paper that is used for fresh vegetable and cosmetic packaging, as well as water repellent paper. The household products division sells coffee and tea filter paper as well as other paper products used for cooking.
64GF Score
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