Are HoldingsTSE:5857 +1.58%84 Interest Coverage is 8.15 as of Mar. 2026, which is 68% below its 10-year median of 25.37. GuruFocus rates TSE:5857 with a GF Score™ of 84/100 and a GF Value™ of 円3,905.37 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 161 Waste Management companies, Are Holdings ranks better than 65.84% 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. Are Holdings's
Operating Income
for the
three
months ended in Mar. 2026 was 円7,940 Mil. Are Holdings's Interest Expense for the
three
months ended in Mar. 2026 was 円-974 Mil.
Are Holdings's interest coverage for the quarter that ended in Mar. 2026 was 8.15.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Are Holdings's Interest Coverage or its related term are showing as below:
TSE:5857'
s Interest Coverage Range Over the Past 10 Years
Min: 6.7 Med: 25.37 Max: 295.73
Current: 10.84
TSE:5857's Interest Coverage is ranked better than 65.84% of 161
companies
in the Waste Management industry
Industry Median: 5.72
vs TSE:5857: 10.84
Are Holdings (TSE:5857) 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 .
Are Holdings Interest Coverage Related Terms
Are Holdings Interest Coverage Historical Data
* Premium members only.
The historical data trend for Are Holdings'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:5857 vs WM, RSG, WCN: Interest Coverage Comparison
For the Waste Management subindustry, Are Holdings'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.
Are Holdings Interest Coverage vs Waste Management Industry
For the Waste Management industry and Industrials sector, Are Holdings's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Are Holdings'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.
Are Holdings (TSE:5857) has a Interest Coverage of 8.15 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Are Holdings and its competitors. This is 68% below median its historical median of 25.37. Over the past decade, Are Holdings' Interest Coverage has ranged from 6.70 to 295.73. According to the industry distribution chart, Are Holdings ranks #55 out of 161 companies in the Waste Management industry, placing it in the top 34.2%.
Is Are Holdings' Interest Coverage too high?
Are Holdings' current Interest Coverage of 8.15 is 68% below median its 10-year median of 25.37. Over the past 10 years, this metric has ranged from a low of 6.70 to a high of 295.73. The Waste Management industry median Interest Coverage is 5.72. Are Holdings' value of 8.15 is 42.5% above this industry median. Based on the distribution chart, Are Holdings ranks #55 out of 161 companies in the Waste Management industry, which is above the industry midpoint. Overall, Are Holdings has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Are Holdings' Interest Coverage compare to WM and RSG?
According to the Waste Management industry distribution chart, Are Holdings ranks #55 out of 161 companies for Interest Coverage. This puts Are Holdings in the upper half of its industry. The industry median Interest Coverage is 5.72. Are Holdings' value of 8.15 is 42.5% above this benchmark. Historically, Are Holdings' own Interest Coverage has ranged from 6.70 to 295.73 over the past decade. While the company's 10-year median is 25.37 vs. the industry median of 5.72, Are Holdings 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 Waste Management company?
The median Interest Coverage among Waste Management companies is 5.72, based on 161 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. Are Holdings's current Interest Coverage of 8.15 is 42.5% 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 Are Holdings and its competitors. For the Waste Management industry, the median Interest Coverage is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Are Holdings's current Interest Coverage is 8.15, which is 68% below median its own 10-year median of 25.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Are Holdings stock overvalued right now?
Based on GuruFocus' analysis, Are Holdings (TSE:5857) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,905.37, compared to a current price of 円2,960.00 — trading 24.2% below its estimated fair value. The current Interest Coverage is 8.15, which is 68% below median its 10-year median of 25.37 and 42.5% above the Waste Management industry median of 5.72. Are Holdings' overall GF Score™ is 84/100 with 7 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 Are Holdings (TSE:5857), the current Interest Coverage is 8.15 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 Are Holdings (TSE:5857) Overvalued in 2026?
Based on GuruFocus' analysis, Are Holdings stock appears to be undervalued.
The current stock price of 円2,960.00 is trading 24.2% below its estimated GF Value™ of 円3,905.37.
GuruFocus considers Are Holdings to be Modestly Undervalued.
Key valuation signals for TSE:5857:
Interest Coverage: 8.15 (68% below median its 10-year median of 25.37)
GF Value™: 円3,905.37 vs. price of 円2,960.00 (24.2% below fair value)
Industry Position: 42.5% above the Waste Management median (#55 of 161)
No single metric tells the full story. See the TSE:5857 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Are Holdings Inc formerly Asahi Holdings Inc is operative in the Japanese waste management industry. The company's principal interest lies in the precious metals recycling activities. This segment deals with the recycling and sale of precious metals and rare metals, including gold, silver, palladium, platinum, and indium, which are refined from precious metal-containing scraps inclusive of electronic materials, dental materials, jewelry manufacture and automobile catalysts. Asahi's secondary line of business is responsible for the collection, transportation and intermediate treatment of industrial wastes, such as waste acids, waste alkalis, waste oil, sludge, waste drugs and infectious medical wastes.
84GF Score
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