Asahi Printing Co (TSE:3951) Interest Coverage: 6.38 (As of Mar. 2026) — 69% Below Median

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TSE:3951 Asahi Printing Co Ltd TSE:3951
66 GF Score
Price 円867.00
GF Value 円978.78
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Asahi Printing Co Interest Coverage?

Asahi Printing Co TSE:3951 -0.91% 66 Interest Coverage is 6.38 as of Mar. 2026, which is 69% below its 10-year median of 20.72. GuruFocus rates TSE:3951 with a GF Score™ of 66/100 and a GF Value™ of 円978.78 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 318 Packaging & Containers companies, Asahi Printing Co ranks better than 54.4% 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. Asahi Printing Co's Operating Income for the six months ended in Mar. 2026 was 円663 Mil. Asahi Printing Co's Interest Expense for the six months ended in Mar. 2026 was 円-104 Mil. Asahi Printing Co's interest coverage for the quarter that ended in Mar. 2026 was 6.38. The higher the ratio, the stronger the company's financial strength is.

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

TSE:3951' s Interest Coverage Range Over the Past 10 Years
Min: 7.96   Med: 20.72   Max: 32.19
Current: 7.96


TSE:3951's Interest Coverage is ranked better than
54.4% of 318 companies
in the Packaging & Containers industry
Industry Median: 6.05 vs TSE:3951: 7.96

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


Asahi Printing Co  (TSE:3951) 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 .


Asahi Printing Co Interest Coverage Related Terms


Asahi Printing Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Asahi Printing 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.

Asahi Printing Co Interest Coverage Chart

Asahi Printing Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.14 26.19 18.06 12.66 7.96

Asahi Printing Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 11.13 18.36 8.41 9.61 6.38

TSE:3951 vs SW, PKG, IP: Interest Coverage Comparison

For the Packaging & Containers subindustry, Asahi Printing 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.


Asahi Printing Co Interest Coverage vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Asahi Printing Co's Interest Coverage distribution charts can be found below:

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


TSE:3951
66GF Score
Asahi Printing Co Ltd TSE:3951
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asahi Printing 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.

Asahi Printing Co's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Asahi Printing Co's Interest Expense was 円-204 Mil. Its Operating Income was 円1,624 Mil. And its Long-Term Debt & Capital Lease Obligation was 円15,708 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*1624/-204
=7.96

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

Here, for the six months ended in Mar. 2026, Asahi Printing Co's Interest Expense was 円-104 Mil. Its Operating Income was 円663 Mil. And its Long-Term Debt & Capital Lease Obligation was 円15,708 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*663/-104
=6.38

* 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 6.38 mean?
Asahi Printing Co (TSE:3951) has a Interest Coverage of 6.38 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Asahi Printing Co and its competitors. This is 69% below median its historical median of 20.72. Over the past decade, Asahi Printing Co's Interest Coverage has ranged from 7.96 to 32.19. According to the industry distribution chart, Asahi Printing Co ranks #145 out of 318 companies in the Packaging & Containers industry, placing it in the top 45.6%.
Is Asahi Printing Co's Interest Coverage too high?
Asahi Printing Co's current Interest Coverage of 6.38 is 69% below median its 10-year median of 20.72. Over the past 10 years, this metric has ranged from a low of 7.96 to a high of 32.19. The Packaging & Containers industry median Interest Coverage is 6.05. Asahi Printing Co's value of 6.38 is 5.5% above this industry median. Based on the distribution chart, Asahi Printing Co ranks #145 out of 318 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Asahi Printing Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Printing Co's Interest Coverage compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Asahi Printing Co ranks #145 out of 318 companies for Interest Coverage. This puts Asahi Printing Co in the upper half of its industry. The industry median Interest Coverage is 6.05. Asahi Printing Co's value of 6.38 is 5.5% above this benchmark. Historically, Asahi Printing Co's own Interest Coverage has ranged from 7.96 to 32.19 over the past decade. While the company's 10-year median is 20.72 vs. the industry median of 6.05, Asahi Printing 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 Packaging & Containers company?
The median Interest Coverage among Packaging & Containers companies is 6.05, based on 318 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. Asahi Printing Co's current Interest Coverage of 6.38 is 5.5% 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 Asahi Printing Co and its competitors. For the Packaging & Containers industry, the median Interest Coverage is 6.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Printing Co's current Interest Coverage is 6.38, which is 69% below median its own 10-year median of 20.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Printing Co stock overvalued right now?
Based on GuruFocus' analysis, Asahi Printing Co (TSE:3951) is currently considered Modestly Undervalued. The stock's GF Value™ is 円978.78, compared to a current price of 円867.00 — trading 11.4% below its estimated fair value. The current Interest Coverage is 6.38, which is 69% below median its 10-year median of 20.72 and 5.5% above the Packaging & Containers industry median of 6.05. Asahi Printing Co's overall GF Score™ is 66/100 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 Asahi Printing Co (TSE:3951), the current Interest Coverage is 6.38 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 Asahi Printing Co (TSE:3951) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi Printing Co stock appears to be undervalued. The current stock price of 円867.00 is trading 11.4% below its estimated GF Value™ of 円978.78. GuruFocus considers Asahi Printing Co to be Modestly Undervalued.

Key valuation signals for TSE:3951:

  • Interest Coverage: 6.38 (69% below median its 10-year median of 20.72)
  • GF Value™: 円978.78 vs. price of 円867.00 (11.4% below fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 5.5% above the Packaging & Containers median (#145 of 318)

No single metric tells the full story. See the TSE:3951 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahi Printing Co Business Description

Address Ichibancho Square Building, 1-1 Ichibancho, Toyama Prefecture, Toyama, JPN, 930-0061
Asahi Printing Co Ltd is engaged in the manufacture and sale of printing and packaging materials. In addition, the company also engages in the temporary staffing business. The company operates in three segments, which include the Printing and packaging business, the Packaging Systems Sales Business, and Others.
66GF Score

Get the complete analysis for TSE:3951

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

円867.00
Price
円978.78
GF Value