Asahi Concrete Works Co (TSE:5268) Interest Coverage: 149.15 (As of Mar. 2026) — 196% Above Median

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TSE:5268 Asahi Concrete Works Co Ltd TSE:5268
65 GF Score
Price 円819.00
GF Value 円817.39
Valuation Fairly Valued
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What is Asahi Concrete Works Co Interest Coverage?

Asahi Concrete Works Co TSE:5268 -1.68% 65 Interest Coverage is 149.15 as of Mar. 2026, which is 196% above its 10-year median of 50.40. GuruFocus rates TSE:5268 with a GF Score™ of 65/100 and a GF Value™ of 円817.39 (Fairly Valued). Among 1,360 Construction companies, Asahi Concrete Works Co ranks better than 85.15% 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. Asahi Concrete Works Co's Operating Income for the six months ended in Mar. 2026 was 円540 Mil. Asahi Concrete Works Co's Interest Expense for the six months ended in Mar. 2026 was 円-4 Mil. Asahi Concrete Works Co's interest coverage for the quarter that ended in Mar. 2026 was 149.15. 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. Asahi Concrete Works Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:5268' s Interest Coverage Range Over the Past 10 Years
Min: 28.51   Med: 50.4   Max: 202.88
Current: 89.37


TSE:5268's Interest Coverage is ranked better than
85.15% of 1360 companies
in the Construction industry
Industry Median: 7.865 vs TSE:5268: 89.37

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


Asahi Concrete Works Co  (TSE:5268) 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 .


Asahi Concrete Works Co Interest Coverage Related Terms


Asahi Concrete Works Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Asahi Concrete Works 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.

Asahi Concrete Works Co Interest Coverage Chart

Asahi Concrete Works 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 28.51 175.88 202.88 141.02 89.37

Asahi Concrete Works 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 168.93 217.48 88.61 21.92 149.15

TSE:5268 vs TT, JCI, CARR: Interest Coverage Comparison

For the Building Products & Equipment subindustry, Asahi Concrete Works 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.


Asahi Concrete Works Co Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Asahi Concrete Works Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Asahi Concrete Works Co's Interest Coverage falls into.


TSE:5268
65GF Score
Asahi Concrete Works Co Ltd TSE:5268
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asahi Concrete Works 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.

Asahi Concrete Works 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, Asahi Concrete Works Co's Interest Expense was 円-7 Mil. Its Operating Income was 円610 Mil. And its Long-Term Debt & Capital Lease Obligation was 円506 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*609.926/-6.825
=89.37

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

Here, for the six months ended in Mar. 2026, Asahi Concrete Works Co's Interest Expense was 円-4 Mil. Its Operating Income was 円540 Mil. And its Long-Term Debt & Capital Lease Obligation was 円506 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*539.613/-3.618
=149.15

* 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 149.15 mean?
Asahi Concrete Works Co (TSE:5268) has a Interest Coverage of 149.15 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Asahi Concrete Works Co and its competitors. This is 196% above median its historical median of 50.40. Over the past decade, Asahi Concrete Works Co's Interest Coverage has ranged from 28.51 to 202.88. According to the industry distribution chart, Asahi Concrete Works Co ranks #202 out of 1360 companies in the Construction industry, placing it in the top 14.9%.
Is Asahi Concrete Works Co's Interest Coverage too high?
Asahi Concrete Works Co's current Interest Coverage of 149.15 is 196% above median its 10-year median of 50.40. Over the past 10 years, this metric has ranged from a low of 28.51 to a high of 202.88. The Construction industry median Interest Coverage is 7.87. Asahi Concrete Works Co's value of 149.15 is 1796.4% above this industry median. Based on the distribution chart, Asahi Concrete Works Co ranks #202 out of 1360 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Asahi Concrete Works Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asahi Concrete Works Co's Interest Coverage compare to TT and JCI?
According to the Construction industry distribution chart, Asahi Concrete Works Co ranks #202 out of 1360 companies for Interest Coverage. This places Asahi Concrete Works Co in the top 15% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 7.87. Asahi Concrete Works Co's value of 149.15 is 1796.4% above this benchmark. Historically, Asahi Concrete Works Co's own Interest Coverage has ranged from 28.51 to 202.88 over the past decade. While the company's 10-year median is 50.40 vs. the industry median of 7.87, Asahi Concrete Works 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 7.87, based on 1,360 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. Asahi Concrete Works Co's current Interest Coverage of 149.15 is 1796.4% 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 Asahi Concrete Works Co and its competitors. For the Construction industry, the median Interest Coverage is 7.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Concrete Works Co's current Interest Coverage is 149.15, which is 196% above median its own 10-year median of 50.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Concrete Works Co stock overvalued right now?
Based on GuruFocus' analysis, Asahi Concrete Works Co (TSE:5268) is currently considered Fairly Valued. The stock's GF Value™ is 円817.39, compared to a current price of 円819.00 — trading 0.2% above its estimated fair value. The current Interest Coverage is 149.15, which is 196% above median its 10-year median of 50.40 and 1796.4% above the Construction industry median of 7.87. Asahi Concrete Works Co's overall GF Score™ is 65/100. 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 Asahi Concrete Works Co (TSE:5268), the current Interest Coverage is 149.15 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 Asahi Concrete Works Co (TSE:5268) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi Concrete Works Co stock appears to be overvalued. The current stock price of 円819.00 is trading 0.2% above its estimated GF Value™ of 円817.39. GuruFocus considers Asahi Concrete Works Co to be Fairly Valued.

Key valuation signals for TSE:5268:

  • Interest Coverage: 149.15 (196% above median its 10-year median of 50.40)
  • GF Value™: 円817.39 vs. price of 円819.00 (0.2% above fair value)
  • GF Score™: 65/100
  • Industry Position: 1796.4% above the Construction median (#202 of 1360)

No single metric tells the full story. See the TSE:5268 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahi Concrete Works Co Business Description

Address 1-8-2 Tsukiji, Chuo-ku, Tokyo, JPN, 104-0045
Asahi Concrete Works Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of cement products. Its products include fume pipes, box culverts, connecting holes, multi-purpose underground utility conduits, home garages, and other related materials.
65GF Score

Get the complete analysis for TSE:5268

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

円819.00
Price
円817.39
GF Value