Nissei ASB Machine CoTSE:6284 -1.21%94 Interest Coverage is 490.13 as of Mar. 2026, which is 147% above its 10-year median of 198.36. GuruFocus rates TSE:6284 with a GF Score™ of 94/100 and a GF Value™ of 円6,803.19 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,325 Industrial Products companies, Nissei ASB Machine Co ranks better than 89.25% 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. Nissei ASB Machine Co's
Operating Income
for the
three
months ended in Mar. 2026 was 円3,921 Mil. Nissei ASB Machine Co's Interest Expense for the
three
months ended in Mar. 2026 was 円-8 Mil.
Nissei ASB Machine Co's interest coverage for the quarter that ended in Mar. 2026 was 490.13.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Nissei ASB Machine Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Nissei ASB Machine Co's Interest Coverage or its related term are showing as below:
TSE:6284'
s Interest Coverage Range Over the Past 10 Years
Min: 107.8 Med: 198.36 Max: 555
Current: 271.42
TSE:6284's Interest Coverage is ranked better than 89.25% of 2325
companies
in the Industrial Products industry
Industry Median: 14.8
vs TSE:6284: 271.42
Nissei ASB Machine Co (TSE:6284) 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 .
Nissei ASB Machine Co Interest Coverage Related Terms
Nissei ASB Machine Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Nissei ASB Machine 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:6284 vs GEV, ETN, PH: Interest Coverage Comparison
For the Specialty Industrial Machinery subindustry, Nissei ASB Machine 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.
Nissei ASB Machine Co Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nissei ASB Machine Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Nissei ASB Machine Co's Interest Coverage falls into.
Nissei ASB Machine 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:
* 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.
Nissei ASB Machine Co (TSE:6284) has a Interest Coverage of 490.13 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nissei ASB Machine Co and its competitors. This is 147% above median its historical median of 198.36. Over the past decade, Nissei ASB Machine Co's Interest Coverage has ranged from 107.80 to 555.00. According to the industry distribution chart, Nissei ASB Machine Co ranks #250 out of 2325 companies in the Industrial Products industry, placing it in the top 10.8%.
Is Nissei ASB Machine Co's Interest Coverage too high?
Nissei ASB Machine Co's current Interest Coverage of 490.13 is 147% above median its 10-year median of 198.36. Over the past 10 years, this metric has ranged from a low of 107.80 to a high of 555.00. The Industrial Products industry median Interest Coverage is 14.80. Nissei ASB Machine Co's value of 490.13 is 3211.7% above this industry median. Based on the distribution chart, Nissei ASB Machine Co ranks #250 out of 2325 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Nissei ASB Machine Co has a GF Score™ of 94/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nissei ASB Machine Co's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nissei ASB Machine Co ranks #250 out of 2325 companies for Interest Coverage. This places Nissei ASB Machine Co in the top 11% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.80. Nissei ASB Machine Co's value of 490.13 is 3211.7% above this benchmark. Historically, Nissei ASB Machine Co's own Interest Coverage has ranged from 107.80 to 555.00 over the past decade. While the company's 10-year median is 198.36 vs. the industry median of 14.80, Nissei ASB Machine 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.80, based on 2,325 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. Nissei ASB Machine Co's current Interest Coverage of 490.13 is 3211.7% 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 Nissei ASB Machine Co and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nissei ASB Machine Co's current Interest Coverage is 490.13, which is 147% above median its own 10-year median of 198.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nissei ASB Machine Co stock overvalued right now?
Based on GuruFocus' analysis, Nissei ASB Machine Co (TSE:6284) is currently considered Significantly Overvalued. The stock's GF Value™ is 円6,803.19, compared to a current price of 円9,010.00 — trading 32.4% above its estimated fair value. The current Interest Coverage is 490.13, which is 147% above median its 10-year median of 198.36 and 3211.7% above the Industrial Products industry median of 14.80. Nissei ASB Machine Co's overall GF Score™ is 94/100 with 5 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 Nissei ASB Machine Co (TSE:6284), the current Interest Coverage is 490.13 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 Nissei ASB Machine Co (TSE:6284) Overvalued in 2026?
Based on GuruFocus' analysis, Nissei ASB Machine Co stock appears to be overvalued.
The current stock price of 円9,010.00 is trading 32.4% above its estimated GF Value™ of 円6,803.19.
GuruFocus considers Nissei ASB Machine Co to be Significantly Overvalued.
Key valuation signals for TSE:6284:
Interest Coverage: 490.13 (147% above median its 10-year median of 198.36)
GF Value™: 円6,803.19 vs. price of 円9,010.00 (32.4% above fair value)
Industry Position: 3211.7% above the Industrial Products median (#250 of 2325)
No single metric tells the full story. See the TSE:6284 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nissei ASB Machine Co Ltd manufactures and sells stretch blow molding machines for PET and other plastic bottles. Its products include one-step stretch blow molding, perform molding, and heat-resistant blow molding machines, among others.
94GF Score
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