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Novac CoTSE:5079 +0.89%63 Interest Coverage is 26.97 as of Apr. 2026, which is 88% below its 10-year median of 224.99. GuruFocus rates TSE:5079 with a GF Score™ of 63/100 and a GF Value™ of 円3,190.93 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,368 Construction companies, Novac Co ranks better than 75.44% 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. Novac Co's
Operating Income
for the
six
months ended in Apr. 2026 was 円1,260 Mil. Novac Co's Interest Expense for the
six
months ended in Apr. 2026 was 円-47 Mil.
Novac Co's interest coverage for the quarter that ended in Apr. 2026 was 26.97.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Novac Co's Interest Coverage or its related term are showing as below:
TSE:5079'
s Interest Coverage Range Over the Past 10 Years
Min: 31.77 Med: 224.99 Max: 708.08
Current: 34.96
TSE:5079's Interest Coverage is ranked better than 75.44% of 1368
companies
in the Construction industry
Industry Median: 8.02
vs TSE:5079: 34.96
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 .
Novac Co Interest Coverage Related Terms
Novac Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Novac 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:5079 vs PWR, FIX, EME: Interest Coverage Comparison
For the Engineering & Construction subindustry, Novac 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.
Novac Co Interest Coverage vs Construction Industry
For the Construction industry and Industrials sector, Novac Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Novac 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.
Novac Co (TSE:5079) has a Interest Coverage of 26.97 as of Apr. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Novac Co and its competitors. This is 88% below median its historical median of 224.99. Over the past decade, Novac Co's Interest Coverage has ranged from 31.77 to 708.08. According to the industry distribution chart, Novac Co ranks #336 out of 1368 companies in the Construction industry, placing it in the top 24.6%.
Is Novac Co's Interest Coverage too high?
Novac Co's current Interest Coverage of 26.97 is 88% below median its 10-year median of 224.99. Over the past 10 years, this metric has ranged from a low of 31.77 to a high of 708.08. The Construction industry median Interest Coverage is 8.02. Novac Co's value of 26.97 is 236.3% above this industry median. Based on the distribution chart, Novac Co ranks #336 out of 1368 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Novac Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Novac Co's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Novac Co ranks #336 out of 1368 companies for Interest Coverage. This places Novac Co in the top 25% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 8.02. Novac Co's value of 26.97 is 236.3% above this benchmark. Historically, Novac Co's own Interest Coverage has ranged from 31.77 to 708.08 over the past decade. While the company's 10-year median is 224.99 vs. the industry median of 8.02, Novac 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 Construction company?
The median Interest Coverage among Construction companies is 8.02, based on 1,368 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. Novac Co's current Interest Coverage of 26.97 is 236.3% 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 Novac Co and its competitors. For the Construction industry, the median Interest Coverage is 8.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novac Co's current Interest Coverage is 26.97, which is 88% below median its own 10-year median of 224.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novac Co stock overvalued right now?
Based on GuruFocus' analysis, Novac Co (TSE:5079) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,190.93, compared to a current price of 円2,615.00 — trading 18% below its estimated fair value. The current Interest Coverage is 26.97, which is 88% below median its 10-year median of 224.99 and 236.3% above the Construction industry median of 8.02. Novac Co's overall GF Score™ is 63/100 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 Novac Co (TSE:5079), the current Interest Coverage is 26.97 as of Apr. 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 Novac Co (TSE:5079) Overvalued in 2026?
Based on GuruFocus' analysis, Novac Co stock appears to be undervalued.
The current stock price of 円2,615.00 is trading 18% below its estimated GF Value™ of 円3,190.93.
GuruFocus considers Novac Co to be Modestly Undervalued.
Key valuation signals for TSE:5079:
Interest Coverage: 26.97 (88% below median its 10-year median of 224.99)
GF Value™: 円3,190.93 vs. price of 円2,615.00 (18% below fair value)
Industry Position: 236.3% above the Construction median (#336 of 1368)
No single metric tells the full story. See the TSE:5079 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Novac Co Ltd is engaged in civil engineering, building construction, and other related activities. Its reportable segments are the civil engineering business and the construction works business. Maximum revenue is generated from the construction works business, which mainly carries out construction works based on orders received for apartment buildings, schools, welfare facilities, government buildings, offices, and highway service areas. The civil engineering business mainly carries out social infrastructure construction works (road construction, river construction, water supply and sewerage construction, land development construction) ordered by public agencies.
63GF Score
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