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MEC CoTSE:4971 -4.07%96 Interest Coverage is 0 (At Loss) as of Jun. 2026. GuruFocus rates TSE:4971 with a GF Score™ of 96/100 and a GF Value™ of 円6,508.09 (Modestly Overvalued). Among 1,249 Chemicals companies, MEC Co ranks better than 94.88% 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. MEC Co's
Operating Income
for the
three
months ended in Jun. 2026 was 円2,056 Mil. MEC Co's Interest Expense for the
three
months ended in Jun. 2026 was 円1 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
MEC Co Ltd has no debt.
The historical rank and industry rank for MEC Co's Interest Coverage or its related term are showing as below:
TSE:4971'
s Interest Coverage Range Over the Past 10 Years
Min: 583.22 Med: 2678.39 Max: No Debt
Current: 1097.47
TSE:4971's Interest Coverage is ranked better than 94.88% of 1249
companies
in the Chemicals industry
Industry Median: 10.56
vs TSE:4971: 1097.47
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 .
MEC Co Interest Coverage Related Terms
MEC Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for MEC 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.
TSE:4971 vs LIN, SHW, ECL: Interest Coverage Comparison
For the Specialty Chemicals subindustry, MEC 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.
MEC Co Interest Coverage vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, MEC Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where MEC Co'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.
What does a Interest Coverage of 0 (At Loss) mean?
MEC Co (TSE:4971) has a Interest Coverage of 0 (At Loss) as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on MEC Co and its competitors. Over the past decade, MEC Co's Interest Coverage has ranged from 583.22 to 10,000.00. According to the industry distribution chart, MEC Co ranks #64 out of 1249 companies in the Chemicals industry, placing it in the top 5.1%.
Is MEC Co's Interest Coverage too high?
MEC Co's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 583.22 to a high of 10,000.00. Based on the distribution chart, MEC Co ranks #64 out of 1249 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, MEC Co has a GF Score™ of 96/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MEC Co's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, MEC Co ranks #64 out of 1249 companies for Interest Coverage. This places MEC Co in the top 5% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10.56. Historically, MEC Co's own Interest Coverage has ranged from 583.22 to 10,000.00 over the past decade. 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 10.56, based on 1,249 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. 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 MEC Co and its competitors. For the Chemicals industry, the median Interest Coverage is 10.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MEC Co's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MEC Co stock overvalued right now?
Based on GuruFocus' analysis, MEC Co (TSE:4971) is currently considered Modestly Overvalued. The stock's GF Value™ is 円6,508.09, compared to a current price of 円7,540.00 — trading 15.9% above its estimated fair value. The current Interest Coverage is 0 (At Loss). MEC Co's overall GF Score™ is 96/100. 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 MEC Co (TSE:4971), the current Interest Coverage is 0 (At Loss) as of Jun. 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 MEC Co (TSE:4971) Overvalued in 2026?
Based on GuruFocus' analysis, MEC Co stock appears to be overvalued.
The current stock price of 円7,540.00 is trading 15.9% above its estimated GF Value™ of 円6,508.09.
GuruFocus considers MEC Co to be Modestly Overvalued.
Key valuation signals for TSE:4971:
Interest Coverage: 0 (At Loss)
GF Value™: 円6,508.09 vs. price of 円7,540.00 (15.9% above fair value)
No single metric tells the full story. See the TSE:4971 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MEC Co Ltd is a Japan-based chemical manufacturer. The company manufacture and sale of chemicals for electronic circuit boards and electronic components, as well as the sale of machinery and materials for electronic circuit boards. Its products are used in automobile, smartphone, and computer. Its products used in Chemicals for electronic substrates and AMALPHA : Resin-to-metal bonding technology from MEC.
96GF Score
Get the complete analysis for TSE:4971
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