Mory Industries (TSE:5464) Interest Coverage: 151.43 (As of Mar. 2026) — 66% Below Median

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TSE:5464 Mory Industries Inc TSE:5464
70 GF Score
Price 円959.00
GF Value 円880.43
Valuation Fairly Valued
! 2 Warning Signs
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What is Mory Industries Interest Coverage?

Mory Industries TSE:5464 +2.35% 70 Interest Coverage is 151.43 as of Mar. 2026, which is 66% below its 10-year median of 442.31. GuruFocus rates TSE:5464 with a GF Score™ of 70/100 and a GF Value™ of 円880.43 (Fairly Valued). The stock has 2 warning signs investors should review. Among 457 Steel companies, Mory Industries ranks better than 90.37% 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. Mory Industries's Operating Income for the three months ended in Mar. 2026 was 円1,060 Mil. Mory Industries's Interest Expense for the three months ended in Mar. 2026 was 円-7 Mil. Mory Industries's interest coverage for the quarter that ended in Mar. 2026 was 151.43. 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. Mory Industries Inc has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:5464' s Interest Coverage Range Over the Past 10 Years
Min: 152.81   Med: 442.31   Max: 631.44
Current: 162.15


TSE:5464's Interest Coverage is ranked better than
90.37% of 457 companies
in the Steel industry
Industry Median: 4.41 vs TSE:5464: 162.15

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


Mory Industries  (TSE:5464) 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 .


Mory Industries Interest Coverage Related Terms


Mory Industries Interest Coverage Historical Data

* Premium members only.

The historical data trend for Mory Industries'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.

Mory Industries Interest Coverage Chart

Mory Industries 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 631.44 561.25 453.62 385.50 162.15

Mory Industries Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 N/A 180.33 140.71 178.71 151.43

TSE:5464 vs NUE, STLD, RS: Interest Coverage Comparison

For the Steel subindustry, Mory Industries'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.


Mory Industries Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, Mory Industries's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Mory Industries's Interest Coverage falls into.


TSE:5464
70GF Score
Mory Industries Inc TSE:5464
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mory Industries 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.

Mory Industries'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, Mory Industries's Interest Expense was 円-27 Mil. Its Operating Income was 円4,378 Mil. And its Long-Term Debt & Capital Lease Obligation was 円1,309 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*4378/-27
=162.15

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

Here, for the three months ended in Mar. 2026, Mory Industries's Interest Expense was 円-7 Mil. Its Operating Income was 円1,060 Mil. And its Long-Term Debt & Capital Lease Obligation was 円1,309 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1060/-7
=151.43

* 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 151.43 mean?
Mory Industries (TSE:5464) has a Interest Coverage of 151.43 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mory Industries and its competitors. This is 66% below median its historical median of 442.31. Over the past decade, Mory Industries' Interest Coverage has ranged from 152.81 to 631.44. According to the industry distribution chart, Mory Industries ranks #44 out of 457 companies in the Steel industry, placing it in the top 9.6%.
Is Mory Industries' Interest Coverage too high?
Mory Industries' current Interest Coverage of 151.43 is 66% below median its 10-year median of 442.31. Over the past 10 years, this metric has ranged from a low of 152.81 to a high of 631.44. The Steel industry median Interest Coverage is 4.41. Mory Industries' value of 151.43 is 3333.8% above this industry median. Based on the distribution chart, Mory Industries ranks #44 out of 457 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Mory Industries has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mory Industries' Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Mory Industries ranks #44 out of 457 companies for Interest Coverage. This places Mory Industries in the top 10% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.41. Mory Industries' value of 151.43 is 3333.8% above this benchmark. Historically, Mory Industries' own Interest Coverage has ranged from 152.81 to 631.44 over the past decade. While the company's 10-year median is 442.31 vs. the industry median of 4.41, Mory Industries 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 Steel company?
The median Interest Coverage among Steel companies is 4.41, based on 457 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. Mory Industries's current Interest Coverage of 151.43 is 3333.8% 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 Mory Industries and its competitors. For the Steel industry, the median Interest Coverage is 4.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mory Industries's current Interest Coverage is 151.43, which is 66% below median its own 10-year median of 442.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mory Industries stock overvalued right now?
Based on GuruFocus' analysis, Mory Industries (TSE:5464) is currently considered Fairly Valued. The stock's GF Value™ is 円880.43, compared to a current price of 円959.00 — trading 8.9% above its estimated fair value. The current Interest Coverage is 151.43, which is 66% below median its 10-year median of 442.31 and 3333.8% above the Steel industry median of 4.41. Mory Industries' overall GF Score™ is 70/100 with 2 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 Mory Industries (TSE:5464), the current Interest Coverage is 151.43 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 Mory Industries (TSE:5464) Overvalued in 2026?

Based on GuruFocus' analysis, Mory Industries stock appears to be overvalued. The current stock price of 円959.00 is trading 8.9% above its estimated GF Value™ of 円880.43. GuruFocus considers Mory Industries to be Fairly Valued.

Key valuation signals for TSE:5464:

  • Interest Coverage: 151.43 (66% below median its 10-year median of 442.31)
  • GF Value™: 円880.43 vs. price of 円959.00 (8.9% above fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 3333.8% above the Steel median (#44 of 457)

No single metric tells the full story. See the TSE:5464 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mory Industries Business Description

Address 5-1-60 Namba, 22nd floor, Namba SkyO, Chuo-ku, Osaka, JPN, 542-0076
Mory Industries Inc is a Japan-based steel manufacturer. The company is mainly engaged in the manufacturing and sales steel products including stainless steel pipes and tubes, stainless steel flat bars, angle bars, round bars and processing goods of stainless product, welded carbon steel tubes and automatic tube cutting machines.
70GF Score

Get the complete analysis for TSE:5464

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

円959.00
Price
円880.43
GF Value