Asahipen (TSE:4623) Interest Coverage: 13.41 (As of Mar. 2026) — 68% Below Median

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TSE:4623 Asahipen Corp TSE:4623
72 GF Score
Price 円1,712.00
GF Value 円1,749.17
Valuation Fairly Valued
! 5 Warning Signs
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What is Asahipen Interest Coverage?

Asahipen TSE:4623 72 Interest Coverage is 13.41 as of Mar. 2026, which is 68% below its 10-year median of 41.75. GuruFocus rates TSE:4623 with a GF Score™ of 72/100 and a GF Value™ of 円1,749.17 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,232 Chemicals companies, Asahipen ranks better than 57.71% 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. Asahipen's Operating Income for the six months ended in Mar. 2026 was 円309 Mil. Asahipen's Interest Expense for the six months ended in Mar. 2026 was 円-23 Mil. Asahipen's interest coverage for the quarter that ended in Mar. 2026 was 13.41. The higher the ratio, the stronger the company's financial strength is.

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

TSE:4623' s Interest Coverage Range Over the Past 10 Years
Min: 15.38   Med: 41.75   Max: 124.48
Current: 15.38


TSE:4623's Interest Coverage is ranked better than
57.71% of 1232 companies
in the Chemicals industry
Industry Median: 10.13 vs TSE:4623: 15.38

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


Asahipen  (TSE:4623) 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 .


Asahipen Interest Coverage Related Terms


Asahipen Interest Coverage Historical Data

* Premium members only.

The historical data trend for Asahipen'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.

Asahipen Interest Coverage Chart

Asahipen 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 110.96 38.65 44.85 31.43 15.38

Asahipen 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 38.32 45.66 22.01 17.93 13.41

TSE:4623 vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Asahipen'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.


Asahipen Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Asahipen's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Asahipen's Interest Coverage falls into.


TSE:4623
72GF Score
Asahipen Corp TSE:4623
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asahipen 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.

Asahipen'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, Asahipen's Interest Expense was 円-41 Mil. Its Operating Income was 円628 Mil. And its Long-Term Debt & Capital Lease Obligation was 円2,580 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*628.412/-40.865
=15.38

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

Here, for the six months ended in Mar. 2026, Asahipen's Interest Expense was 円-23 Mil. Its Operating Income was 円309 Mil. And its Long-Term Debt & Capital Lease Obligation was 円2,580 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*309.002/-23.047
=13.41

* 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 13.41 mean?
Asahipen (TSE:4623) has a Interest Coverage of 13.41 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Asahipen and its competitors. This is 68% below median its historical median of 41.75. Over the past decade, Asahipen's Interest Coverage has ranged from 15.38 to 124.48. According to the industry distribution chart, Asahipen ranks #521 out of 1232 companies in the Chemicals industry, placing it in the top 42.3%.
Is Asahipen's Interest Coverage too high?
Asahipen's current Interest Coverage of 13.41 is 68% below median its 10-year median of 41.75. Over the past 10 years, this metric has ranged from a low of 15.38 to a high of 124.48. The Chemicals industry median Interest Coverage is 10.13. Asahipen's value of 13.41 is 32.4% above this industry median. Based on the distribution chart, Asahipen ranks #521 out of 1232 companies in the Chemicals industry, which is above the industry midpoint. Overall, Asahipen has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asahipen's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Asahipen ranks #521 out of 1232 companies for Interest Coverage. This puts Asahipen in the upper half of its industry. The industry median Interest Coverage is 10.13. Asahipen's value of 13.41 is 32.4% above this benchmark. Historically, Asahipen's own Interest Coverage has ranged from 15.38 to 124.48 over the past decade. While the company's 10-year median is 41.75 vs. the industry median of 10.13, Asahipen 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 1,232 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. Asahipen's current Interest Coverage of 13.41 is 32.4% 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 Asahipen 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. Asahipen's current Interest Coverage is 13.41, which is 68% below median its own 10-year median of 41.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahipen stock overvalued right now?
Based on GuruFocus' analysis, Asahipen (TSE:4623) is currently considered Fairly Valued. The stock's GF Value™ is 円1,749.17, compared to a current price of 円1,712.00 — trading 2.1% below its estimated fair value. The current Interest Coverage is 13.41, which is 68% below median its 10-year median of 41.75 and 32.4% above the Chemicals industry median of 10.13. Asahipen's overall GF Score™ is 72/100 with 5 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 Asahipen (TSE:4623), the current Interest Coverage is 13.41 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 Asahipen (TSE:4623) Overvalued in 2026?

Based on GuruFocus' analysis, Asahipen stock appears to be undervalued. The current stock price of 円1,712.00 is trading 2.1% below its estimated GF Value™ of 円1,749.17. GuruFocus considers Asahipen to be Fairly Valued.

Key valuation signals for TSE:4623:

  • Interest Coverage: 13.41 (68% below median its 10-year median of 41.75)
  • GF Value™: 円1,749.17 vs. price of 円1,712.00 (2.1% below fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 32.4% above the Chemicals median (#521 of 1232)

No single metric tells the full story. See the TSE:4623 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahipen Business Description

Address 4-1-12 Tsurumi, Osaka, Tsurumi-Ku, JPN, 538-8666
Asahipen Corp manufactures and sells a variety of paints and coatings, painting tools, wallpaper products, and other home decorative items in Japan. It also offers home cleaning products for repair and maintenance as well as lawn and garden products. The company's segments include Paints Business, DIY Products Business, Pet Products Business, and Other Businesses.
72GF Score

Get the complete analysis for TSE:4623

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

円1,712.00
Price
円1,749.17
GF Value