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MAX CoTSE:6454 -0.75%72 Interest Coverage is 632.83 as of Mar. 2026, which is 231% above its 10-year median of 191.35. GuruFocus rates TSE:6454 with a GF Score™ of 72/100 and a GF Value™ of 円1,102.67 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,321 Industrial Products companies, MAX Co ranks better than 93.49% 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. MAX Co's
Operating Income
for the
three
months ended in Mar. 2026 was 円3,797 Mil. MAX Co's Interest Expense for the
three
months ended in Mar. 2026 was 円-6 Mil.
MAX Co's interest coverage for the quarter that ended in Mar. 2026 was 632.83.
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. MAX Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for MAX Co's Interest Coverage or its related term are showing as below:
TSE:6454'
s Interest Coverage Range Over the Past 10 Years
Min: 131.56 Med: 191.35 Max: 702.84
Current: 702.84
TSE:6454's Interest Coverage is ranked better than 93.49% of 2321
companies
in the Industrial Products industry
Industry Median: 14.72
vs TSE:6454: 702.84
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 .
MAX Co Interest Coverage Related Terms
MAX Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for MAX 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:6454 vs SNA, RBC, LECO: Interest Coverage Comparison
For the Tools & Accessories subindustry, MAX 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.
MAX Co Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, MAX Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where MAX Co'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.
MAX Co (TSE:6454) has a Interest Coverage of 632.83 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on MAX Co and its competitors. This is 231% above median its historical median of 191.35. Over the past decade, MAX Co's Interest Coverage has ranged from 131.56 to 702.84. According to the industry distribution chart, MAX Co ranks #151 out of 2321 companies in the Industrial Products industry, placing it in the top 6.5%.
Is MAX Co's Interest Coverage too high?
MAX Co's current Interest Coverage of 632.83 is 231% above median its 10-year median of 191.35. Over the past 10 years, this metric has ranged from a low of 131.56 to a high of 702.84. The Industrial Products industry median Interest Coverage is 14.72. MAX Co's value of 632.83 is 4199.1% above this industry median. Based on the distribution chart, MAX Co ranks #151 out of 2321 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, MAX Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MAX Co's Interest Coverage compare to SNA and RBC?
According to the Industrial Products industry distribution chart, MAX Co ranks #151 out of 2321 companies for Interest Coverage. This places MAX Co in the top 7% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.72. MAX Co's value of 632.83 is 4199.1% above this benchmark. Historically, MAX Co's own Interest Coverage has ranged from 131.56 to 702.84 over the past decade. While the company's 10-year median is 191.35 vs. the industry median of 14.72, MAX 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 14.72, based on 2,321 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. MAX Co's current Interest Coverage of 632.83 is 4199.1% 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 MAX Co and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MAX Co's current Interest Coverage is 632.83, which is 231% above median its own 10-year median of 191.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MAX Co stock overvalued right now?
Based on GuruFocus' analysis, MAX Co (TSE:6454) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,102.67, compared to a current price of 円1,712.00 — trading 55.3% above its estimated fair value. The current Interest Coverage is 632.83, which is 231% above median its 10-year median of 191.35 and 4199.1% above the Industrial Products industry median of 14.72. MAX Co's overall GF Score™ is 72/100 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 MAX Co (TSE:6454), the current Interest Coverage is 632.83 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 MAX Co (TSE:6454) Overvalued in 2026?
Based on GuruFocus' analysis, MAX Co stock appears to be overvalued.
The current stock price of 円1,712.00 is trading 55.3% above its estimated GF Value™ of 円1,102.67.
GuruFocus considers MAX Co to be Significantly Overvalued.
Key valuation signals for TSE:6454:
Interest Coverage: 632.83 (231% above median its 10-year median of 191.35)
GF Value™: 円1,102.67 vs. price of 円1,712.00 (55.3% above fair value)
Industry Position: 4199.1% above the Industrial Products median (#151 of 2321)
No single metric tells the full story. See the TSE:6454 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MAX Co Ltd manufactures and distributes office supplies and industrial equipment. The company operates through office equipment, industrial equipment, and home care and rehabilitation (HCR) equipment divisions. It mainly offers products such as hand-held staplers and automatic staplers, numbering tools, check writers, and other office supplies. It also markets fastening devices for various purposes such as concrete reinforcing bar tying machines, air compressors, and rechargeable tools.
72GF Score
Get the complete analysis for TSE:6454
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