Business Engineering (TSE:4828) Interest Coverage: 698.06 (As of Mar. 2026) — 18% Above Median

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TSE:4828 Business Engineering Corp TSE:4828
85 GF Score
Price 円1,225.00
GF Value 円1,037.19
Valuation Modestly Overvalued
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What is Business Engineering Interest Coverage?

Business Engineering TSE:4828 +0.66% 85 Interest Coverage is 698.06 as of Mar. 2026, which is 18% above its 10-year median of 593.47. GuruFocus rates TSE:4828 with a GF Score™ of 85/100 and a GF Value™ of 円1,037.19 (Modestly Overvalued). Among 1,720 Software companies, Business Engineering ranks better than 85.52% 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. Business Engineering's Operating Income for the three months ended in Mar. 2026 was 円1,275 Mil. Business Engineering's Interest Expense for the three months ended in Mar. 2026 was 円-2 Mil. Business Engineering's interest coverage for the quarter that ended in Mar. 2026 was 698.06. 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. Business Engineering Corp has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:4828' s Interest Coverage Range Over the Past 10 Years
Min: 122   Med: 593.47   Max: 1727.31
Current: 1727.31


TSE:4828's Interest Coverage is ranked better than
85.52% of 1720 companies
in the Software industry
Industry Median: 24.665 vs TSE:4828: 1727.31

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


Business Engineering  (TSE:4828) 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 .


Business Engineering Interest Coverage Related Terms


Business Engineering Interest Coverage Historical Data

* Premium members only.

The historical data trend for Business Engineering'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.

Business Engineering Interest Coverage Chart

Business Engineering 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 573.28 1,321.82 1,583.29 1,463.65 1,727.31

Business Engineering Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 635.02 10,800.56 1,033.54 12,895.98 698.06

TSE:4828 vs QH, SHOP, UBER: Interest Coverage Comparison

For the Software - Application subindustry, Business Engineering'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.


Business Engineering Interest Coverage vs Software Industry

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

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


TSE:4828
85GF Score
Business Engineering Corp TSE:4828
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Business Engineering 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.

Business Engineering'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, Business Engineering's Interest Expense was 円-4 Mil. Its Operating Income was 円6,412 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*6411.788/-3.712
=1,727.31

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

Here, for the three months ended in Mar. 2026, Business Engineering's Interest Expense was 円-2 Mil. Its Operating Income was 円1,275 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1274.653/-1.826
=698.06

* 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 698.06 mean?
Business Engineering (TSE:4828) has a Interest Coverage of 698.06 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Business Engineering and its competitors. This is 18% above median its historical median of 593.47. Over the past decade, Business Engineering's Interest Coverage has ranged from 122.00 to 1,727.31. According to the industry distribution chart, Business Engineering ranks #249 out of 1720 companies in the Software industry, placing it in the top 14.5%.
Is Business Engineering's Interest Coverage too high?
Business Engineering's current Interest Coverage of 698.06 is 18% above median its 10-year median of 593.47. Over the past 10 years, this metric has ranged from a low of 122.00 to a high of 1,727.31. The Software industry median Interest Coverage is 24.67. Business Engineering's value of 698.06 is 2730.2% above this industry median. Based on the distribution chart, Business Engineering ranks #249 out of 1720 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Business Engineering has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Business Engineering's Interest Coverage compare to QH and SHOP?
According to the Software industry distribution chart, Business Engineering ranks #249 out of 1720 companies for Interest Coverage. This places Business Engineering in the top 15% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 24.67. Business Engineering's value of 698.06 is 2730.2% above this benchmark. Historically, Business Engineering's own Interest Coverage has ranged from 122.00 to 1,727.31 over the past decade. While the company's 10-year median is 593.47 vs. the industry median of 24.67, Business Engineering 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 24.67, based on 1,720 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. Business Engineering's current Interest Coverage of 698.06 is 2730.2% 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 Business Engineering and its competitors. For the Software industry, the median Interest Coverage is 24.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Business Engineering's current Interest Coverage is 698.06, which is 18% above median its own 10-year median of 593.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Business Engineering stock overvalued right now?
Based on GuruFocus' analysis, Business Engineering (TSE:4828) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,037.19, compared to a current price of 円1,225.00 — trading 18.1% above its estimated fair value. The current Interest Coverage is 698.06, which is 18% above median its 10-year median of 593.47 and 2730.2% above the Software industry median of 24.67. Business Engineering's overall GF Score™ is 85/100. 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 Business Engineering (TSE:4828), the current Interest Coverage is 698.06 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 Business Engineering (TSE:4828) Overvalued in 2026?

Based on GuruFocus' analysis, Business Engineering stock appears to be overvalued. The current stock price of 円1,225.00 is trading 18.1% above its estimated GF Value™ of 円1,037.19. GuruFocus considers Business Engineering to be Modestly Overvalued.

Key valuation signals for TSE:4828:

  • Interest Coverage: 698.06 (18% above median its 10-year median of 593.47)
  • GF Value™: 円1,037.19 vs. price of 円1,225.00 (18.1% above fair value)
  • GF Score™: 85/100
  • Industry Position: 2730.2% above the Software median (#249 of 1720)

No single metric tells the full story. See the TSE:4828 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Business Engineering Business Description

Address 1-8-1 Otemachi, Chiyoda-ku, KDDI Otemachi Building, Tokyo, JPN, 100-0004
Business Engineering Corp is a Japan-based company engaged in providing enterprise software solutions. The solutions offered by the company include Wide line up solutions, Oracle, Mcframe, Mcframe cloud, Global MES, SAP, Mcframe motion VR learning.
85GF Score

Get the complete analysis for TSE:4828

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

円1,225.00
Price
円1,037.19
GF Value