Mitsubishi Steel Mfg.CoTSE:5632 -0.56%57 Interest Coverage is 5.87 as of Mar. 2026, which is 33% above its 10-year median of 4.41. GuruFocus rates TSE:5632 with a GF Score™ of 57/100 and a GF Value™ of 円1,395.87 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 456 Steel companies, Mitsubishi Steel Mfg.Co ranks worse than 57.02% 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. Mitsubishi Steel Mfg.Co's
Operating Income
for the
three
months ended in Mar. 2026 was 円1,848 Mil. Mitsubishi Steel Mfg.Co's Interest Expense for the
three
months ended in Mar. 2026 was 円-315 Mil.
Mitsubishi Steel Mfg.Co's interest coverage for the quarter that ended in Mar. 2026 was 5.87.
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Mitsubishi Steel Mfg.Co Ltd interest coverage is 3.79, which is low.
The historical rank and industry rank for Mitsubishi Steel Mfg.Co's Interest Coverage or its related term are showing as below:
TSE:5632'
s Interest Coverage Range Over the Past 10 Years
Min: 0.4 Med: 4.41 Max: 11.63
Current: 3.79
TSE:5632's Interest Coverage is ranked worse than 57.02% of 456
companies
in the Steel industry
Industry Median: 4.445
vs TSE:5632: 3.79
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 .
Mitsubishi Steel Mfg.Co Interest Coverage Related Terms
Mitsubishi Steel Mfg.Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Mitsubishi Steel Mfg.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:5632 vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, Mitsubishi Steel Mfg.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.
Mitsubishi Steel Mfg.Co Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, Mitsubishi Steel Mfg.Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Mitsubishi Steel Mfg.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.
Mitsubishi Steel Mfg.Co (TSE:5632) has a Interest Coverage of 5.87 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mitsubishi Steel Mfg.Co and its competitors. This is 33% above median its historical median of 4.41. Over the past decade, Mitsubishi Steel Mfg.Co's Interest Coverage has ranged from 0.40 to 11.63. According to the industry distribution chart, Mitsubishi Steel Mfg.Co ranks #260 out of 456 companies in the Steel industry, placing it in the top 57%.
Is Mitsubishi Steel Mfg.Co's Interest Coverage too high?
Mitsubishi Steel Mfg.Co's current Interest Coverage of 5.87 is 33% above median its 10-year median of 4.41. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 11.63. The Steel industry median Interest Coverage is 4.45. Mitsubishi Steel Mfg.Co's value of 5.87 is 32.1% above this industry median. Based on the distribution chart, Mitsubishi Steel Mfg.Co ranks #260 out of 456 companies in the Steel industry, which is below the industry midpoint. Overall, Mitsubishi Steel Mfg.Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Steel Mfg.Co's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Mitsubishi Steel Mfg.Co ranks #260 out of 456 companies for Interest Coverage. This places Mitsubishi Steel Mfg.Co in the lower half of its industry. The industry median Interest Coverage is 4.45. Mitsubishi Steel Mfg.Co's value of 5.87 is 32.1% above this benchmark. Historically, Mitsubishi Steel Mfg.Co's own Interest Coverage has ranged from 0.40 to 11.63 over the past decade. While the company's 10-year median is 4.41 vs. the industry median of 4.45, Mitsubishi Steel Mfg.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. Mitsubishi Steel Mfg.Co's current Interest Coverage of 5.87 is 32.1% 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 Mitsubishi Steel Mfg.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. Mitsubishi Steel Mfg.Co's current Interest Coverage is 5.87, which is 33% above median its own 10-year median of 4.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Steel Mfg.Co stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Steel Mfg.Co (TSE:5632) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,395.87, compared to a current price of 円2,140.00 — trading 53.3% above its estimated fair value. The current Interest Coverage is 5.87, which is 33% above median its 10-year median of 4.41 and 32.1% above the Steel industry median of 4.45. Mitsubishi Steel Mfg.Co's overall GF Score™ is 57/100 with 8 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 Mitsubishi Steel Mfg.Co (TSE:5632), the current Interest Coverage is 5.87 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 Mitsubishi Steel Mfg.Co (TSE:5632) Overvalued in 2026?
Based on GuruFocus' analysis, Mitsubishi Steel Mfg.Co stock appears to be overvalued.
The current stock price of 円2,140.00 is trading 53.3% above its estimated GF Value™ of 円1,395.87.
GuruFocus considers Mitsubishi Steel Mfg.Co to be Significantly Overvalued.
Key valuation signals for TSE:5632:
Interest Coverage: 5.87 (33% above median its 10-year median of 4.41)
GF Value™: 円1,395.87 vs. price of 円2,140.00 (53.3% above fair value)
Industry Position: 32.1% above the Steel median (#260 of 456)
No single metric tells the full story. See the TSE:5632 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mitsubishi Steel Mfg.Co Ltd engages in the manufacture and sale of special steels, spring, casting and forging materials, and machinery. It offers its products in varied categories; special steel bars unit handles the manufacture and sale of steel bars that includes machine structural alloy steel, carbon steel for machine structural use, and bearing steel. Springs products include coil, leaf, and precision springs, press assembly, and shoe plate for rubber pad. Formed and fabricated products cover the manufacture and sale of steel and precision casting, precision machined component, alloy material, and special alloy and fine powder. Machinery business manufactures and sells press machine, general industrial and plant machinery, environmental equipment, and magnetic separator.
57GF Score
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