Techno SmartTSE:6246 +1.49%85 Interest Coverage is 14.56 as of Mar. 2026, which is 99% below its 10-year median of 1,298.77. GuruFocus rates TSE:6246 with a GF Score™ of 85/100 and a GF Value™ of 円1,967.28 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,322 Industrial Products companies, Techno Smart ranks better than 69.85% 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. Techno Smart's
Operating Income
for the
six
months ended in Mar. 2026 was 円584 Mil. Techno Smart's Interest Expense for the
six
months ended in Mar. 2026 was 円-40 Mil.
Techno Smart's interest coverage for the quarter that ended in Mar. 2026 was 14.56.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Techno Smart's Interest Coverage or its related term are showing as below:
TSE:6246'
s Interest Coverage Range Over the Past 10 Years
Min: 43.06 Med: 1298.77 Max: 64706.2
Current: 43.06
TSE:6246's Interest Coverage is ranked better than 69.85% of 2322
companies
in the Industrial Products industry
Industry Median: 14.735
vs TSE:6246: 43.06
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 .
Techno Smart Interest Coverage Related Terms
Techno Smart Interest Coverage Historical Data
* Premium members only.
The historical data trend for Techno Smart'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:6246 vs GEV, ETN, PH: Interest Coverage Comparison
For the Specialty Industrial Machinery subindustry, Techno Smart'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.
Techno Smart Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Techno Smart's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Techno Smart'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.
Techno Smart (TSE:6246) has a Interest Coverage of 14.56 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Techno Smart and its competitors. This is 99% below median its historical median of 1,298.77. Over the past decade, Techno Smart's Interest Coverage has ranged from 43.06 to 64,706.20. According to the industry distribution chart, Techno Smart ranks #700 out of 2322 companies in the Industrial Products industry, placing it in the top 30.1%.
Is Techno Smart's Interest Coverage too high?
Techno Smart's current Interest Coverage of 14.56 is 99% below median its 10-year median of 1,298.77. Over the past 10 years, this metric has ranged from a low of 43.06 to a high of 64,706.20. The Industrial Products industry median Interest Coverage is 14.74. Techno Smart's value of 14.56 is 1.2% below this industry median. Based on the distribution chart, Techno Smart ranks #700 out of 2322 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Techno Smart has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Techno Smart's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Techno Smart ranks #700 out of 2322 companies for Interest Coverage. This puts Techno Smart in the upper half of its industry. The industry median Interest Coverage is 14.74. Techno Smart's value of 14.56 is 1.2% below this benchmark. Historically, Techno Smart's own Interest Coverage has ranged from 43.06 to 64,706.20 over the past decade. While the company's 10-year median is 1,298.77 vs. the industry median of 14.74, Techno Smart has consistently been below 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.74, based on 2,322 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. Techno Smart's current Interest Coverage of 14.56 is 1.2% below 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 Techno Smart and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techno Smart's current Interest Coverage is 14.56, which is 99% below median its own 10-year median of 1,298.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techno Smart stock overvalued right now?
Based on GuruFocus' analysis, Techno Smart (TSE:6246) is currently considered Fairly Valued. The stock's GF Value™ is 円1,967.28, compared to a current price of 円1,903.00 — trading 3.3% below its estimated fair value. The current Interest Coverage is 14.56, which is 99% below median its 10-year median of 1,298.77 and 1.2% below the Industrial Products industry median of 14.74. Techno Smart's overall GF Score™ is 85/100 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 Techno Smart (TSE:6246), the current Interest Coverage is 14.56 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 Techno Smart (TSE:6246) Overvalued in 2026?
Based on GuruFocus' analysis, Techno Smart stock appears to be undervalued.
The current stock price of 円1,903.00 is trading 3.3% below its estimated GF Value™ of 円1,967.28.
GuruFocus considers Techno Smart to be Fairly Valued.
Key valuation signals for TSE:6246:
Interest Coverage: 14.56 (99% below median its 10-year median of 1,298.77)
GF Value™: 円1,967.28 vs. price of 円1,903.00 (3.3% below fair value)
Industry Position: 1.2% below the Industrial Products median (#700 of 2322)
No single metric tells the full story. See the TSE:6246 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Techno Smart Corp is based in Japan. The company operates in a single segment, the machinery and equipment manufacturing industry, and designs, manufactures, installs and sells various dryers, principally coating and drying equipment used to impart various functionalities to substrates such as film, metal foil and paper, as well as heat treatment equipment, chemical engineering equipment and other industrial machinery.
85GF Score
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