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Chugoku Marine PaintsTSE:4617 83 Interest Coverage is 34.74 as of Mar. 2026, which is 101% above its 10-year median of 17.31. GuruFocus rates TSE:4617 with a GF Score™ of 83/100 and a GF Value™ of 円2,512.35 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,233 Chemicals companies, Chugoku Marine Paints ranks better than 72.34% 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. Chugoku Marine Paints's
Operating Income
for the
three
months ended in Mar. 2026 was 円4,516 Mil. Chugoku Marine Paints's Interest Expense for the
three
months ended in Mar. 2026 was 円-130 Mil.
Chugoku Marine Paints's interest coverage for the quarter that ended in Mar. 2026 was 34.74.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Chugoku Marine Paints's Interest Coverage or its related term are showing as below:
TSE:4617'
s Interest Coverage Range Over the Past 10 Years
Min: 1.91 Med: 17.31 Max: 37.34
Current: 37.34
TSE:4617's Interest Coverage is ranked better than 72.34% of 1233
companies
in the Chemicals industry
Industry Median: 10.13
vs TSE:4617: 37.34
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 .
Chugoku Marine Paints Interest Coverage Related Terms
Chugoku Marine Paints Interest Coverage Historical Data
* Premium members only.
The historical data trend for Chugoku Marine Paints'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:4617 vs LIN, SHW, ECL: Interest Coverage Comparison
For the Specialty Chemicals subindustry, Chugoku Marine Paints'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.
Chugoku Marine Paints Interest Coverage vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Chugoku Marine Paints's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Chugoku Marine Paints'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.
Chugoku Marine Paints (TSE:4617) has a Interest Coverage of 34.74 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Chugoku Marine Paints and its competitors. This is 101% above median its historical median of 17.31. Over the past decade, Chugoku Marine Paints' Interest Coverage has ranged from 1.91 to 37.34. According to the industry distribution chart, Chugoku Marine Paints ranks #341 out of 1233 companies in the Chemicals industry, placing it in the top 27.7%.
Is Chugoku Marine Paints' Interest Coverage too high?
Chugoku Marine Paints' current Interest Coverage of 34.74 is 101% above median its 10-year median of 17.31. Over the past 10 years, this metric has ranged from a low of 1.91 to a high of 37.34. The Chemicals industry median Interest Coverage is 10.13. Chugoku Marine Paints' value of 34.74 is 242.9% above this industry median. Based on the distribution chart, Chugoku Marine Paints ranks #341 out of 1233 companies in the Chemicals industry, which is above the industry midpoint. Overall, Chugoku Marine Paints has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chugoku Marine Paints' Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Chugoku Marine Paints ranks #341 out of 1233 companies for Interest Coverage. This puts Chugoku Marine Paints in the upper half of its industry. The industry median Interest Coverage is 10.13. Chugoku Marine Paints' value of 34.74 is 242.9% above this benchmark. Historically, Chugoku Marine Paints' own Interest Coverage has ranged from 1.91 to 37.34 over the past decade. While the company's 10-year median is 17.31 vs. the industry median of 10.13, Chugoku Marine Paints 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.13, based on 1,233 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. Chugoku Marine Paints's current Interest Coverage of 34.74 is 242.9% 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 Chugoku Marine Paints and its competitors. For the Chemicals industry, the median Interest Coverage is 10.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chugoku Marine Paints's current Interest Coverage is 34.74, which is 101% above median its own 10-year median of 17.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chugoku Marine Paints stock overvalued right now?
Based on GuruFocus' analysis, Chugoku Marine Paints (TSE:4617) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,512.35, compared to a current price of 円3,610.00 — trading 43.7% above its estimated fair value. The current Interest Coverage is 34.74, which is 101% above median its 10-year median of 17.31 and 242.9% above the Chemicals industry median of 10.13. Chugoku Marine Paints' overall GF Score™ is 83/100 with 1 warning sign 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 Chugoku Marine Paints (TSE:4617), the current Interest Coverage is 34.74 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 Chugoku Marine Paints (TSE:4617) Overvalued in 2026?
Based on GuruFocus' analysis, Chugoku Marine Paints stock appears to be overvalued.
The current stock price of 円3,610.00 is trading 43.7% above its estimated GF Value™ of 円2,512.35.
GuruFocus considers Chugoku Marine Paints to be Significantly Overvalued.
Key valuation signals for TSE:4617:
Interest Coverage: 34.74 (101% above median its 10-year median of 17.31)
GF Value™: 円2,512.35 vs. price of 円3,610.00 (43.7% above fair value)
Industry Position: 242.9% above the Chemicals median (#341 of 1233)
No single metric tells the full story. See the TSE:4617 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chugoku Marine Paints Ltd is a Japanese paint manufacturing firm. The company engages in manufacturing and marketing a variety of paints and coating materials which include marine paints, industrial paints, and container paints. Its products are used for various industry applications such as anti-fouling and epoxy paint for ships, caulking material for railways, and UV curable paint for plastics. It also undertakes painting contracts and serves a wide range of client base from across the world.
83GF Score
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