Tohoku Steel CoTSE:5484 -0.34%61 Interest Coverage is 263.52 as of Mar. 2026, which is 97% below its 10-year median of 10,000.00. GuruFocus rates TSE:5484 with a GF Score™ of 61/100 and a GF Value™ of 円1,963.24 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 456 Steel companies, Tohoku Steel Co ranks better than 94.3% 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. Tohoku Steel Co's
Operating Income
for the
six
months ended in Mar. 2026 was 円817 Mil. Tohoku Steel Co's Interest Expense for the
six
months ended in Mar. 2026 was 円-3 Mil.
Tohoku Steel Co's interest coverage for the quarter that ended in Mar. 2026 was 263.52.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Tohoku Steel Co Ltd has no debt.
The historical rank and industry rank for Tohoku Steel Co's Interest Coverage or its related term are showing as below:
TSE:5484'
s Interest Coverage Range Over the Past 10 Years
Min: 457.79 Med: No Debt Max: No Debt
Current: 457.79
TSE:5484's Interest Coverage is ranked better than 94.3% of 456
companies
in the Steel industry
Industry Median: 4.445
vs TSE:5484: 457.79
Tohoku Steel Co (TSE:5484) 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 .
Tohoku Steel Co Interest Coverage Related Terms
Tohoku Steel Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Tohoku Steel 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:5484 vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, Tohoku Steel 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.
Tohoku Steel Co Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, Tohoku Steel Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Tohoku Steel 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.
Tohoku Steel Co (TSE:5484) has a Interest Coverage of 263.52 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Tohoku Steel Co and its competitors. This is 97% below median its historical median of 10,000.00. Over the past decade, Tohoku Steel Co's Interest Coverage has ranged from 457.79 to 10,000.00. According to the industry distribution chart, Tohoku Steel Co ranks #26 out of 456 companies in the Steel industry, placing it in the top 5.7%.
Is Tohoku Steel Co's Interest Coverage too high?
Tohoku Steel Co's current Interest Coverage of 263.52 is 97% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 457.79 to a high of 10,000.00. The Steel industry median Interest Coverage is 4.45. Tohoku Steel Co's value of 263.52 is 5828.5% above this industry median. Based on the distribution chart, Tohoku Steel Co ranks #26 out of 456 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Tohoku Steel Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tohoku Steel Co's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Tohoku Steel Co ranks #26 out of 456 companies for Interest Coverage. This places Tohoku Steel Co in the top 6% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.45. Tohoku Steel Co's value of 263.52 is 5828.5% above this benchmark. Historically, Tohoku Steel Co's own Interest Coverage has ranged from 457.79 to 10,000.00 over the past decade. While the company's 10-year median is 10,000.00 vs. the industry median of 4.45, Tohoku Steel 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. Tohoku Steel Co's current Interest Coverage of 263.52 is 5828.5% 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 Tohoku Steel 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. Tohoku Steel Co's current Interest Coverage is 263.52, which is 97% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tohoku Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Tohoku Steel Co (TSE:5484) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,963.24, compared to a current price of 円4,440.00 — trading 126.2% above its estimated fair value. The current Interest Coverage is 263.52, which is 97% below median its 10-year median of 10,000.00 and 5828.5% above the Steel industry median of 4.45. Tohoku Steel Co's overall GF Score™ is 61/100 with 9 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 Tohoku Steel Co (TSE:5484), the current Interest Coverage is 263.52 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 Tohoku Steel Co (TSE:5484) Overvalued in 2026?
Based on GuruFocus' analysis, Tohoku Steel Co stock appears to be overvalued.
The current stock price of 円4,440.00 is trading 126.2% above its estimated GF Value™ of 円1,963.24.
GuruFocus considers Tohoku Steel Co to be Significantly Overvalued.
Key valuation signals for TSE:5484:
Interest Coverage: 263.52 (97% below median its 10-year median of 10,000.00)
GF Value™: 円1,963.24 vs. price of 円4,440.00 (126.2% above fair value)
Industry Position: 5828.5% above the Steel median (#26 of 456)
No single metric tells the full story. See the TSE:5484 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tohoku Steel Co Ltd is engaged in manufacturing, processing, and distribution of various types of special steel. It provides magnetic materials, heat-resistant alloys, anti-corrosion alloys, low thermal expansion materials, electronic materials, base materials for deposition, and sealing materials.
61GF Score
Get the complete analysis for TSE:5484
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