Nippon Yakin kogyo Co (TSE:5480) Interest Coverage: 10.34 (As of Mar. 2026) — 23% Below Median


TSE:5480 Nippon Yakin kogyo Co Ltd TSE:5480
80 GF Score
Price 円4,805.00
GF Value 円3,969.51
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Nippon Yakin kogyo Co Interest Coverage?

Nippon Yakin kogyo Co TSE:5480 +2.02% 80 Interest Coverage is 10.34 as of Mar. 2026, which is 23% below its 10-year median of 13.35. GuruFocus rates TSE:5480 with a GF Score™ of 80/100 and a GF Value™ of 円3,969.51 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 456 Steel companies, Nippon Yakin kogyo Co ranks better than 68.86% 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. Nippon Yakin kogyo Co's Operating Income for the three months ended in Mar. 2026 was 円2,626 Mil. Nippon Yakin kogyo Co's Interest Expense for the three months ended in Mar. 2026 was 円-254 Mil. Nippon Yakin kogyo Co's interest coverage for the quarter that ended in Mar. 2026 was 10.34. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Nippon Yakin kogyo Co's Interest Coverage or its related term are showing as below:

TSE:5480' s Interest Coverage Range Over the Past 10 Years
Min: 4.28   Med: 13.35   Max: 46.96
Current: 11.33


TSE:5480's Interest Coverage is ranked better than
68.86% of 456 companies
in the Steel industry
Industry Median: 4.445 vs TSE:5480: 11.33

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


Nippon Yakin kogyo Co  (TSE:5480) 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 .


Nippon Yakin kogyo Co Interest Coverage Related Terms


Nippon Yakin kogyo Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Nippon Yakin kogyo 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.

Nippon Yakin kogyo Co Interest Coverage Chart

Nippon Yakin kogyo 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 27.93 46.96 31.66 23.60 11.33

Nippon Yakin kogyo Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 18.63 13.62 11.21 10.20 10.34

TSE:5480 vs NUE, STLD, RS: Interest Coverage Comparison

For the Steel subindustry, Nippon Yakin kogyo 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.


Nippon Yakin kogyo Co Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, Nippon Yakin kogyo Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Nippon Yakin kogyo Co's Interest Coverage falls into.


TSE:5480
80GF Score
Nippon Yakin kogyo Co Ltd TSE:5480
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Yakin kogyo 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.

Nippon Yakin kogyo 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, Nippon Yakin kogyo Co's Interest Expense was 円-969 Mil. Its Operating Income was 円10,974 Mil. And its Long-Term Debt & Capital Lease Obligation was 円32,983 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*10974/-969
=11.33

Nippon Yakin kogyo Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Nippon Yakin kogyo Co's Interest Expense was 円-254 Mil. Its Operating Income was 円2,626 Mil. And its Long-Term Debt & Capital Lease Obligation was 円32,983 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*2626/-254
=10.34

* 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 10.34 mean?
Nippon Yakin kogyo Co (TSE:5480) has a Interest Coverage of 10.34 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nippon Yakin kogyo Co and its competitors. This is 23% below median its historical median of 13.35. Over the past decade, Nippon Yakin kogyo Co's Interest Coverage has ranged from 4.28 to 46.96. According to the industry distribution chart, Nippon Yakin kogyo Co ranks #142 out of 456 companies in the Steel industry, placing it in the top 31.1%.
Is Nippon Yakin kogyo Co's Interest Coverage too high?
Nippon Yakin kogyo Co's current Interest Coverage of 10.34 is 23% below median its 10-year median of 13.35. Over the past 10 years, this metric has ranged from a low of 4.28 to a high of 46.96. The Steel industry median Interest Coverage is 4.45. Nippon Yakin kogyo Co's value of 10.34 is 132.6% above this industry median. Based on the distribution chart, Nippon Yakin kogyo Co ranks #142 out of 456 companies in the Steel industry, which is above the industry midpoint. Overall, Nippon Yakin kogyo Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Yakin kogyo Co's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Nippon Yakin kogyo Co ranks #142 out of 456 companies for Interest Coverage. This puts Nippon Yakin kogyo Co in the upper half of its industry. The industry median Interest Coverage is 4.45. Nippon Yakin kogyo Co's value of 10.34 is 132.6% above this benchmark. Historically, Nippon Yakin kogyo Co's own Interest Coverage has ranged from 4.28 to 46.96 over the past decade. While the company's 10-year median is 13.35 vs. the industry median of 4.45, Nippon Yakin kogyo 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 Steel company?
The median Interest Coverage among Steel companies is 4.45, based on 456 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. Nippon Yakin kogyo Co's current Interest Coverage of 10.34 is 132.6% 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 Nippon Yakin kogyo Co and its competitors. For the Steel industry, the median Interest Coverage is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Yakin kogyo Co's current Interest Coverage is 10.34, which is 23% below median its own 10-year median of 13.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Yakin kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Yakin kogyo Co (TSE:5480) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,969.51, compared to a current price of 円4,805.00 — trading 21% above its estimated fair value. The current Interest Coverage is 10.34, which is 23% below median its 10-year median of 13.35 and 132.6% above the Steel industry median of 4.45. Nippon Yakin kogyo Co's overall GF Score™ is 80/100 with 4 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 Nippon Yakin kogyo Co (TSE:5480), the current Interest Coverage is 10.34 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 Nippon Yakin kogyo Co (TSE:5480) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Yakin kogyo Co stock appears to be overvalued. The current stock price of 円4,805.00 is trading 21% above its estimated GF Value™ of 円3,969.51. GuruFocus considers Nippon Yakin kogyo Co to be Modestly Overvalued.

Key valuation signals for TSE:5480:

  • Interest Coverage: 10.34 (23% below median its 10-year median of 13.35)
  • GF Value™: 円3,969.51 vs. price of 円4,805.00 (21% above fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 132.6% above the Steel median (#142 of 456)

No single metric tells the full story. See the TSE:5480 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Yakin kogyo Co Business Description

Address Sanei Building, 5-8, Kyobashi 1-chome, Chuo-ku, Tokyo, JPN, 1048365
Nippon Yakin kogyo Co Ltd engages in the manufacture and sale of stainless steel, specialty steel, and processed stainless steel products. Its products include stainless and heat-resistant steel plates, soft magnetic alloys, non-magnetic alloys, strips, bars, pipes, and forgings; ferro nickel and high nickel steel alloy; NAS coat for roofs, checker plate, angle, flat bar, and processed stainless steel products.
80GF Score

Get the complete analysis for TSE:5480

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

円4,805.00
Price
円3,969.51
GF Value