Taihei Machinery Works (TSE:6342) Interest Coverage: 17.23 (As of Mar. 2026) — 90% Below Median


TSE:6342 Taihei Machinery Works Ltd TSE:6342
81 GF Score
Price 円2,792.00
GF Value 円2,519.52
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Taihei Machinery Works Interest Coverage?

Taihei Machinery Works TSE:6342 -0.61% 81 Interest Coverage is 17.23 as of Mar. 2026, which is 90% below its 10-year median of 178.91. GuruFocus rates TSE:6342 with a GF Score™ of 81/100 and a GF Value™ of 円2,519.52 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 182 Forest Products companies, Taihei Machinery Works ranks better than 90.11% 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. Taihei Machinery Works's Operating Income for the six months ended in Mar. 2026 was 円82 Mil. Taihei Machinery Works's Interest Expense for the six months ended in Mar. 2026 was 円-5 Mil. Taihei Machinery Works's interest coverage for the quarter that ended in Mar. 2026 was 17.23. 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. Taihei Machinery Works Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Taihei Machinery Works's Interest Coverage or its related term are showing as below:

TSE:6342' s Interest Coverage Range Over the Past 10 Years
Min: 55.73   Med: 178.91   Max: 516.8
Current: 64.94


TSE:6342's Interest Coverage is ranked better than
90.11% of 182 companies
in the Forest Products industry
Industry Median: 3.995 vs TSE:6342: 64.94

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


Taihei Machinery Works  (TSE:6342) 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 .


Taihei Machinery Works Interest Coverage Related Terms


Taihei Machinery Works Interest Coverage Historical Data

* Premium members only.

The historical data trend for Taihei Machinery Works'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.

Taihei Machinery Works Interest Coverage Chart

Taihei Machinery Works 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 55.73 244.83 516.80 178.91 64.94

Taihei Machinery Works Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 625.64 591.61 0.00 121.21 17.23

TSE:6342 vs SSD, UFPI, BCC: Interest Coverage Comparison

For the Lumber & Wood Production subindustry, Taihei Machinery Works'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.


Taihei Machinery Works Interest Coverage vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Taihei Machinery Works's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Taihei Machinery Works's Interest Coverage falls into.


TSE:6342
81GF Score
Taihei Machinery Works Ltd TSE:6342
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taihei Machinery Works 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.

Taihei Machinery Works'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, Taihei Machinery Works's Interest Expense was 円-9 Mil. Its Operating Income was 円572 Mil. And its Long-Term Debt & Capital Lease Obligation was 円59 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*571.918/-8.807
=64.94

Taihei Machinery Works's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Taihei Machinery Works's Interest Expense was 円-5 Mil. Its Operating Income was 円82 Mil. And its Long-Term Debt & Capital Lease Obligation was 円59 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*82.097/-4.766
=17.23

* 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 17.23 mean?
Taihei Machinery Works (TSE:6342) has a Interest Coverage of 17.23 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Taihei Machinery Works and its competitors. This is 90% below median its historical median of 178.91. Over the past decade, Taihei Machinery Works' Interest Coverage has ranged from 55.73 to 516.80. According to the industry distribution chart, Taihei Machinery Works ranks #18 out of 182 companies in the Forest Products industry, placing it in the top 9.9%.
Is Taihei Machinery Works' Interest Coverage too high?
Taihei Machinery Works' current Interest Coverage of 17.23 is 90% below median its 10-year median of 178.91. Over the past 10 years, this metric has ranged from a low of 55.73 to a high of 516.80. The Forest Products industry median Interest Coverage is 4.00. Taihei Machinery Works' value of 17.23 is 331.3% above this industry median. Based on the distribution chart, Taihei Machinery Works ranks #18 out of 182 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Taihei Machinery Works has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taihei Machinery Works' Interest Coverage compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Taihei Machinery Works ranks #18 out of 182 companies for Interest Coverage. This places Taihei Machinery Works in the top 10% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.00. Taihei Machinery Works' value of 17.23 is 331.3% above this benchmark. Historically, Taihei Machinery Works' own Interest Coverage has ranged from 55.73 to 516.80 over the past decade. While the company's 10-year median is 178.91 vs. the industry median of 4.00, Taihei Machinery Works 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 Forest Products company?
The median Interest Coverage among Forest Products companies is 4.00, based on 182 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. Taihei Machinery Works's current Interest Coverage of 17.23 is 331.3% 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 Taihei Machinery Works and its competitors. For the Forest Products industry, the median Interest Coverage is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taihei Machinery Works's current Interest Coverage is 17.23, which is 90% below median its own 10-year median of 178.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taihei Machinery Works stock overvalued right now?
Based on GuruFocus' analysis, Taihei Machinery Works (TSE:6342) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,519.52, compared to a current price of 円2,792.00 — trading 10.8% above its estimated fair value. The current Interest Coverage is 17.23, which is 90% below median its 10-year median of 178.91 and 331.3% above the Forest Products industry median of 4.00. Taihei Machinery Works' overall GF Score™ is 81/100 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 Taihei Machinery Works (TSE:6342), the current Interest Coverage is 17.23 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 Taihei Machinery Works (TSE:6342) Overvalued in 2026?

Based on GuruFocus' analysis, Taihei Machinery Works stock appears to be overvalued. The current stock price of 円2,792.00 is trading 10.8% above its estimated GF Value™ of 円2,519.52. GuruFocus considers Taihei Machinery Works to be Modestly Overvalued.

Key valuation signals for TSE:6342:

  • Interest Coverage: 17.23 (90% below median its 10-year median of 178.91)
  • GF Value™: 円2,519.52 vs. price of 円2,792.00 (10.8% above fair value)
  • GF Score™: 81/100 with 6 warning signs
  • Industry Position: 331.3% above the Forest Products median (#18 of 182)

No single metric tells the full story. See the TSE:6342 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taihei Machinery Works Business Description

Address 955-8, Miyamae, Irukade-shinden, Aichi, Komaki, JPN, 485-0084
Taihei Machinery Works Ltd is engaged in the manufacturing and sale of plywood and woodworking machines. It offers plywood plant equipment, LVL production machines, knife grinding machines, chargers, reeling apparatus and dryers among others.
81GF Score

Get the complete analysis for TSE:6342

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

円2,792.00
Price
円2,519.52
GF Value