Toyo Engineering (TSE:6330) Interest Coverage: 2.49 (As of Mar. 2026) — 48% Below Median

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TSE:6330 Toyo Engineering Corp TSE:6330
49 GF Score
Price 円2,328.00
GF Value 円622.52
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Toyo Engineering Interest Coverage?

Toyo Engineering TSE:6330 -3.32% 49 Interest Coverage is 2.49 as of Mar. 2026, which is 48% below its 10-year median of 4.81. GuruFocus rates TSE:6330 with a GF Score™ of 49/100 and a GF Value™ of 円622.52 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,368 Construction companies, Toyo Engineering ranks worse than 73099.34% 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 Engineering's Operating Income for the three months ended in Mar. 2026 was 円1,992 Mil. Toyo Engineering's Interest Expense for the three months ended in Mar. 2026 was 円-799 Mil. Toyo Engineering's interest coverage for the quarter that ended in Mar. 2026 was 2.49. The higher the ratio, the stronger the company's financial strength is.

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


TSE:6330's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 8.02
* Ranked among companies with meaningful Interest Coverage only.

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 Engineering  (TSE:6330) 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 Engineering Interest Coverage Related Terms


Toyo Engineering Interest Coverage Historical Data

* Premium members only.

The historical data trend for Toyo Engineering'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 Engineering Interest Coverage Chart

Toyo Engineering 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 6.22 5.14 7.88 2.04 0.00

Toyo Engineering Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.33 0.00 0.00 2.49 3.00

TSE:6330 vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, Toyo Engineering'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 Engineering Interest Coverage vs Construction Industry

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

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


TSE:6330
49GF Score
Toyo Engineering Corp TSE:6330
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toyo Engineering 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 Engineering'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 Engineering's Interest Expense was 円-3,131 Mil. Its Operating Income was 円-19,003 Mil. And its Long-Term Debt & Capital Lease Obligation was 円24,557 Mil.

Toyo Engineering did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2026, Toyo Engineering's Interest Expense was 円-799 Mil. Its Operating Income was 円1,992 Mil. And its Long-Term Debt & Capital Lease Obligation was 円24,557 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1992/-799
=2.49

* 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 2.49 mean?
Toyo Engineering (TSE:6330) has a Interest Coverage of 2.49 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Toyo Engineering and its competitors. This is 48% below median its historical median of 4.81. According to the industry distribution chart, Toyo Engineering ranks #999999 out of 1368 companies in the Construction industry.
Is Toyo Engineering's Interest Coverage too high?
Toyo Engineering's current Interest Coverage of 2.49 is 48% below median its 10-year median of 4.81. The Construction industry median Interest Coverage is 8.02. Toyo Engineering's value of 2.49 is 69% below this industry median. Based on the distribution chart, Toyo Engineering ranks #999999 out of 1368 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Toyo Engineering has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toyo Engineering's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Toyo Engineering ranks #999999 out of 1368 companies for Interest Coverage. This places Toyo Engineering in the lower half of its industry. The industry median Interest Coverage is 8.02. Toyo Engineering's value of 2.49 is 69% below this benchmark. While the company's 10-year median is 4.81 vs. the industry median of 8.02, Toyo Engineering 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 a Construction company?
The median Interest Coverage among Construction companies is 8.02, based on 1,368 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 Engineering's current Interest Coverage of 2.49 is 69% 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 Toyo Engineering and its competitors. For the Construction industry, the median Interest Coverage is 8.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Engineering's current Interest Coverage is 2.49, which is 48% below median its own 10-year median of 4.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Engineering stock overvalued right now?
Based on GuruFocus' analysis, Toyo Engineering (TSE:6330) is currently considered Significantly Overvalued. The stock's GF Value™ is 円622.52, compared to a current price of 円2,328.00 — trading 274% above its estimated fair value. The current Interest Coverage is 2.49, which is 48% below median its 10-year median of 4.81 and 69% below the Construction industry median of 8.02. Toyo Engineering's overall GF Score™ is 49/100 with 6 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 Toyo Engineering (TSE:6330), the current Interest Coverage is 2.49 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 Engineering (TSE:6330) Overvalued in 2026?

Based on GuruFocus' analysis, Toyo Engineering stock appears to be overvalued. The current stock price of 円2,328.00 is trading 274% above its estimated GF Value™ of 円622.52. GuruFocus considers Toyo Engineering to be Significantly Overvalued.

Key valuation signals for TSE:6330:

  • Interest Coverage: 2.49 (48% below median its 10-year median of 4.81)
  • GF Value™: 円622.52 vs. price of 円2,328.00 (274% above fair value)
  • GF Score™: 49/100 with 6 warning signs
  • Industry Position: 69% below the Construction median (#999999 of 1368)

No single metric tells the full story. See the TSE:6330 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toyo Engineering Business Description

Other Exchanges 6AE:Germany
Address 2-8-1 Akanehama Narashino-shi, Chiba, JPN
Toyo Engineering Corp provides engineering and construction services for industrial facilities. It designs, procures materials, builds, and offers technical assistance for oil and gas, petrochemicals, water treatment, transportation, power generation, and other industrial markets. Project management skills partnered with technological solutions allow the company to offer customized solutions and manufacture various power plants and infrastructure projects. Toyo operates three business groups: engineering, procurement, and construction (the majority of total revenue); IT; and real estate. A global network of employees gathers data from customers, and company locations are spread across Asia, North America, and South America to collect regional information.
49GF Score

Get the complete analysis for TSE:6330

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

円2,328.00
Price
円622.52
GF Value