NCD Co (TSE:4783) Interest Coverage: 130.57 (As of Mar. 2026) — 155% Above Median


TSE:4783 NCD Co Ltd TSE:4783
90 GF Score
Price 円2,478.00
GF Value 円2,409.58
Valuation Fairly Valued
! 1 Warning Sign
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What is NCD Co Interest Coverage?

NCD Co TSE:4783 +0.53% 90 Interest Coverage is 130.57 as of Mar. 2026, which is 155% above its 10-year median of 51.23. GuruFocus rates TSE:4783 with a GF Score™ of 90/100 and a GF Value™ of 円2,409.58 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,704 Software companies, NCD Co ranks better than 68.66% 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. NCD Co's Operating Income for the six months ended in Mar. 2026 was 円1,577 Mil. NCD Co's Interest Expense for the six months ended in Mar. 2026 was 円-12 Mil. NCD Co's interest coverage for the quarter that ended in Mar. 2026 was 130.57. 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. NCD Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:4783' s Interest Coverage Range Over the Past 10 Years
Min: 12.11   Med: 51.23   Max: 118.29
Current: 110


TSE:4783's Interest Coverage is ranked better than
68.66% of 1704 companies
in the Software industry
Industry Median: 24.695 vs TSE:4783: 110.00

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


NCD Co  (TSE:4783) 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 .


NCD Co Interest Coverage Related Terms


NCD Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for NCD 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.

NCD Co Interest Coverage Chart

NCD 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 40.29 48.31 89.47 118.29 110.00

NCD 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 104.96 120.22 116.43 89.13 130.57

TSE:4783 vs IBM, ACN, FISV: Interest Coverage Comparison

For the Information Technology Services subindustry, NCD 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.


NCD Co Interest Coverage vs Software Industry

For the Software industry and Technology sector, NCD Co's Interest Coverage distribution charts can be found below:

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


TSE:4783
90GF Score
NCD Co Ltd TSE:4783
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NCD 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.

NCD 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, NCD Co's Interest Expense was 円-24 Mil. Its Operating Income was 円2,639 Mil. And its Long-Term Debt & Capital Lease Obligation was 円303 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*2638.931/-23.991
=110.00

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

Here, for the six months ended in Mar. 2026, NCD Co's Interest Expense was 円-12 Mil. Its Operating Income was 円1,577 Mil. And its Long-Term Debt & Capital Lease Obligation was 円303 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1577.313/-12.08
=130.57

* 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 130.57 mean?
NCD Co (TSE:4783) has a Interest Coverage of 130.57 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on NCD Co and its competitors. This is 155% above median its historical median of 51.23. Over the past decade, NCD Co's Interest Coverage has ranged from 12.11 to 118.29. According to the industry distribution chart, NCD Co ranks #534 out of 1704 companies in the Software industry, placing it in the top 31.3%.
Is NCD Co's Interest Coverage too high?
NCD Co's current Interest Coverage of 130.57 is 155% above median its 10-year median of 51.23. Over the past 10 years, this metric has ranged from a low of 12.11 to a high of 118.29. The Software industry median Interest Coverage is 24.70. NCD Co's value of 130.57 is 428.7% above this industry median. Based on the distribution chart, NCD Co ranks #534 out of 1704 companies in the Software industry, which is above the industry midpoint. Overall, NCD Co has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NCD Co's Interest Coverage compare to IBM and ACN?
According to the Software industry distribution chart, NCD Co ranks #534 out of 1704 companies for Interest Coverage. This puts NCD Co in the upper half of its industry. The industry median Interest Coverage is 24.70. NCD Co's value of 130.57 is 428.7% above this benchmark. Historically, NCD Co's own Interest Coverage has ranged from 12.11 to 118.29 over the past decade. While the company's 10-year median is 51.23 vs. the industry median of 24.70, NCD 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 Software company?
The median Interest Coverage among Software companies is 24.70, based on 1,704 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. NCD Co's current Interest Coverage of 130.57 is 428.7% 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 NCD Co and its competitors. For the Software industry, the median Interest Coverage is 24.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NCD Co's current Interest Coverage is 130.57, which is 155% above median its own 10-year median of 51.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCD Co stock overvalued right now?
Based on GuruFocus' analysis, NCD Co (TSE:4783) is currently considered Fairly Valued. The stock's GF Value™ is 円2,409.58, compared to a current price of 円2,478.00 — trading 2.8% above its estimated fair value. The current Interest Coverage is 130.57, which is 155% above median its 10-year median of 51.23 and 428.7% above the Software industry median of 24.70. NCD Co's overall GF Score™ is 90/100 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 NCD Co (TSE:4783), the current Interest Coverage is 130.57 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 NCD Co (TSE:4783) Overvalued in 2026?

Based on GuruFocus' analysis, NCD Co stock appears to be overvalued. The current stock price of 円2,478.00 is trading 2.8% above its estimated GF Value™ of 円2,409.58. GuruFocus considers NCD Co to be Fairly Valued.

Key valuation signals for TSE:4783:

  • Interest Coverage: 130.57 (155% above median its 10-year median of 51.23)
  • GF Value™: 円2,409.58 vs. price of 円2,478.00 (2.8% above fair value)
  • GF Score™: 90/100 with 1 warning sign
  • Industry Position: 428.7% above the Software median (#534 of 1704)

No single metric tells the full story. See the TSE:4783 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NCD Co Business Description

Address 4-32-1 Nishigotanda, Shinagawa-ku, Tokyo, JPN, 141-0031
NCD Co Ltd is engaged in IT related business. The businesses of the company are System development business that includes System Construction Solutions, Packaging Solutions, Application maintenance and operation solutions; Support & Service Business that includes Infrastructure Construction Solutions, Infrastructure maintenance and operation solutions, and Business Support Solutions; and Parking system business (bicycle parking lot related business) that includes Construction, operation and management of bicycle parking lots, Sales and operation of bicycle parking management systems, and Bicycle-related comprehensive consulting.
90GF Score

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

円2,478.00
Price
円2,409.58
GF Value