Asahi Concrete Works Co (TSE:5268) Interest Coverage: 156.27 (As of Mar. 2026) — 210% Above Median

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TSE:5268 Asahi Concrete Works Co Ltd TSE:5268
70 GF Score
Price 円835.00
GF Value 円824.61
Valuation Fairly Valued
! 1 Warning Sign
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What is Asahi Concrete Works Co Interest Coverage?

Asahi Concrete Works Co TSE:5268 -1.30% 70 Interest Coverage is 156.27 as of Mar. 2026, which is 210% above its 10-year median of 50.40. GuruFocus rates TSE:5268 with a GF Score™ of 70/100 and a GF Value™ of 円824.61 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,363 Construction companies, Asahi Concrete Works Co ranks better than 86.65% 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 three months ended in Mar. 2026 was 円313 Mil. Asahi Concrete Works Co's Interest Expense for the three months ended in Mar. 2026 was 円-2 Mil. Asahi Concrete Works Co's interest coverage for the quarter that ended in Mar. 2026 was 156.27. 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: 114.27


TSE:5268's Interest Coverage is ranked better than
86.65% of 1363 companies
in the Construction industry
Industry Median: 8.08 vs TSE:5268: 114.27

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 Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 39.29 3.87 140.30 156.27 136.46

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
70GF 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 three months ended in Mar. 2026, Asahi Concrete Works Co's Interest Expense was 円-2 Mil. Its Operating Income was 円313 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*313.166/-2.004
=156.27

* 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 156.27 mean?
Asahi Concrete Works Co (TSE:5268) has a Interest Coverage of 156.27 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 210% 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 #182 out of 1363 companies in the Construction industry, placing it in the top 13.4%.
Is Asahi Concrete Works Co's Interest Coverage too high?
Asahi Concrete Works Co's current Interest Coverage of 156.27 is 210% 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 8.08. Asahi Concrete Works Co's value of 156.27 is 1834% above this industry median. Based on the distribution chart, Asahi Concrete Works Co ranks #182 out of 1363 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 70/100 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 #182 out of 1363 companies for Interest Coverage. This places Asahi Concrete Works Co in the top 13% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 8.08. Asahi Concrete Works Co's value of 156.27 is 1834% 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 8.08, 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 8.08, based on 1,363 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 156.27 is 1834% 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 8.08 — 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 156.27, which is 210% 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824.61, compared to a current price of 円835.00 — trading 1.3% above its estimated fair value. The current Interest Coverage is 156.27, which is 210% above median its 10-year median of 50.40 and 1834% above the Construction industry median of 8.08. Asahi Concrete Works Co's overall GF Score™ is 70/100 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 Asahi Concrete Works Co (TSE:5268), the current Interest Coverage is 156.27 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835.00 is trading 1.3% above its estimated GF Value™ of 円824.61. GuruFocus considers Asahi Concrete Works Co to be Fairly Valued.

Key valuation signals for TSE:5268:

  • Interest Coverage: 156.27 (210% above median its 10-year median of 50.40)
  • GF Value™: 円824.61 vs. price of 円835.00 (1.3% above fair value)
  • GF Score™: 70/100 with 1 warning sign
  • Industry Position: 1834% above the Construction median (#182 of 1363)

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.
70GF 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835.00
Price
円824.61
GF Value