Toyo Shutter Co (TSE:5936) Interest Coverage: 16.09 (As of Mar. 2026) — 20% Above Median

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TSE:5936 Toyo Shutter Co Ltd TSE:5936
73 GF Score
Price 円887.00
GF Value 円828.52
Valuation Fairly Valued
! 1 Warning Sign
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What is Toyo Shutter Co Interest Coverage?

Toyo Shutter Co TSE:5936 +1.03% 73 Interest Coverage is 16.09 as of Mar. 2026, which is 20% above its 10-year median of 13.38. GuruFocus rates TSE:5936 with a GF Score™ of 73/100 and a GF Value™ of 円828.52 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,366 Construction companies, Toyo Shutter Co ranks better than 59.66% 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. Toyo Shutter Co's Operating Income for the three months ended in Mar. 2026 was 円423 Mil. Toyo Shutter Co's Interest Expense for the three months ended in Mar. 2026 was 円-26 Mil. Toyo Shutter Co's interest coverage for the quarter that ended in Mar. 2026 was 16.09. The higher the ratio, the stronger the company's financial strength is.

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

TSE:5936' s Interest Coverage Range Over the Past 10 Years
Min: 9.61   Med: 13.38   Max: 22.5
Current: 11.99


TSE:5936's Interest Coverage is ranked better than
59.66% of 1366 companies
in the Construction industry
Industry Median: 7.94 vs TSE:5936: 11.99

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


Toyo Shutter Co  (TSE:5936) 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 .


Toyo Shutter Co Interest Coverage Related Terms


Toyo Shutter Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Toyo Shutter 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.

Toyo Shutter Co Interest Coverage Chart

Toyo Shutter 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 10.72 14.35 22.17 14.47 11.99

Toyo Shutter Co 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 3.59 10.88 17.85 16.09

TSE:5936 vs TT, JCI, CARR: Interest Coverage Comparison

For the Building Products & Equipment subindustry, Toyo Shutter 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.


Toyo Shutter Co Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Toyo Shutter Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Toyo Shutter Co's Interest Coverage falls into.


TSE:5936
73GF Score
Toyo Shutter Co Ltd TSE:5936
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toyo Shutter 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.

Toyo Shutter 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, Toyo Shutter Co's Interest Expense was 円-104 Mil. Its Operating Income was 円1,250 Mil. And its Long-Term Debt & Capital Lease Obligation was 円2,930 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*1249.94/-104.281
=11.99

Toyo Shutter Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Toyo Shutter Co's Interest Expense was 円-26 Mil. Its Operating Income was 円423 Mil. And its Long-Term Debt & Capital Lease Obligation was 円2,930 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*422.94/-26.281
=16.09

* 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 16.09 mean?
Toyo Shutter Co (TSE:5936) has a Interest Coverage of 16.09 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Toyo Shutter Co and its competitors. This is 20% above median its historical median of 13.38. Over the past decade, Toyo Shutter Co's Interest Coverage has ranged from 9.61 to 22.50. According to the industry distribution chart, Toyo Shutter Co ranks #551 out of 1366 companies in the Construction industry, placing it in the top 40.3%.
Is Toyo Shutter Co's Interest Coverage too high?
Toyo Shutter Co's current Interest Coverage of 16.09 is 20% above median its 10-year median of 13.38. Over the past 10 years, this metric has ranged from a low of 9.61 to a high of 22.50. The Construction industry median Interest Coverage is 7.94. Toyo Shutter Co's value of 16.09 is 102.6% above this industry median. Based on the distribution chart, Toyo Shutter Co ranks #551 out of 1366 companies in the Construction industry, which is above the industry midpoint. Overall, Toyo Shutter Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Toyo Shutter Co's Interest Coverage compare to TT and JCI?
According to the Construction industry distribution chart, Toyo Shutter Co ranks #551 out of 1366 companies for Interest Coverage. This puts Toyo Shutter Co in the upper half of its industry. The industry median Interest Coverage is 7.94. Toyo Shutter Co's value of 16.09 is 102.6% above this benchmark. Historically, Toyo Shutter Co's own Interest Coverage has ranged from 9.61 to 22.50 over the past decade. While the company's 10-year median is 13.38 vs. the industry median of 7.94, Toyo Shutter 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 Construction company?
The median Interest Coverage among Construction companies is 7.94, based on 1,366 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. Toyo Shutter Co's current Interest Coverage of 16.09 is 102.6% 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 Toyo Shutter Co and its competitors. For the Construction industry, the median Interest Coverage is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Shutter Co's current Interest Coverage is 16.09, which is 20% above median its own 10-year median of 13.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Shutter Co stock overvalued right now?
Based on GuruFocus' analysis, Toyo Shutter Co (TSE:5936) is currently considered Fairly Valued. The stock's GF Value™ is 円828.52, compared to a current price of 円887.00 — trading 7.1% above its estimated fair value. The current Interest Coverage is 16.09, which is 20% above median its 10-year median of 13.38 and 102.6% above the Construction industry median of 7.94. Toyo Shutter Co's overall GF Score™ is 73/100 with 1 warning sign 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 Toyo Shutter Co (TSE:5936), the current Interest Coverage is 16.09 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 Toyo Shutter Co (TSE:5936) Overvalued in 2026?

Based on GuruFocus' analysis, Toyo Shutter Co stock appears to be overvalued. The current stock price of 円887.00 is trading 7.1% above its estimated GF Value™ of 円828.52. GuruFocus considers Toyo Shutter Co to be Fairly Valued.

Key valuation signals for TSE:5936:

  • Interest Coverage: 16.09 (20% above median its 10-year median of 13.38)
  • GF Value™: 円828.52 vs. price of 円887.00 (7.1% above fair value)
  • GF Score™: 73/100 with 1 warning sign
  • Industry Position: 102.6% above the Construction median (#551 of 1366)

No single metric tells the full story. See the TSE:5936 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toyo Shutter Co Business Description

Address 2-3-2 Minamisenba, 12tjh Floor, Minamisenba Heart Building, Chuo-ku, Osaka, JPN
Toyo Shutter Co Ltd is engaged in the manufacture, installation, and sale of various shutters and other building fittings and building materials, production, installation and sale of disaster prevention and crime prevention equipment, and development of computer software and sales of computer equipment.
73GF Score

Get the complete analysis for TSE:5936

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

円887.00
Price
円828.52
GF Value