TVE Co (TSE:6466) Interest Coverage: 202.18 (As of Mar. 2026) — Near Median


TSE:6466 TVE Co Ltd TSE:6466
60 GF Score
Price 円4,370.00
GF Value 円2,433.51
Valuation Significantly Overvalued
! 2 Warning Signs
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What is TVE Co Interest Coverage?

TVE Co TSE:6466 60 Interest Coverage is 202.18 as of Mar. 2026, which is 7% below its 10-year median of 217.71. GuruFocus rates TSE:6466 with a GF Score™ of 60/100 and a GF Value™ of 円2,433.51 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,323 Industrial Products companies, TVE Co ranks better than 84.42% 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. TVE Co's Operating Income for the three months ended in Mar. 2026 was 円459 Mil. TVE Co's Interest Expense for the three months ended in Mar. 2026 was 円-2 Mil. TVE Co's interest coverage for the quarter that ended in Mar. 2026 was 202.18. 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. TVE Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:6466' s Interest Coverage Range Over the Past 10 Years
Min: 37.36   Med: 217.71   Max: 329.58
Current: 129.43


TSE:6466's Interest Coverage is ranked better than
84.42% of 2323 companies
in the Industrial Products industry
Industry Median: 14.72 vs TSE:6466: 129.43

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


TVE Co  (TSE:6466) 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 .


TVE Co Interest Coverage Related Terms


TVE Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for TVE 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.

TVE Co Interest Coverage Chart

TVE Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 284.52 0.00 98.94 217.71 78.08

TVE Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 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 N/A 132.53 25.54 171.02 202.18

TSE:6466 vs GEV, ETN, PH: Interest Coverage Comparison

For the Specialty Industrial Machinery subindustry, TVE 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.


TVE Co Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, TVE Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where TVE Co's Interest Coverage falls into.


TSE:6466
60GF Score
TVE Co Ltd TSE:6466
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TVE 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:

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.

TVE Co's Interest Coverage for the fiscal year that ended in Sep. 2025 is calculated as

Here, for the fiscal year that ended in Sep. 2025, TVE Co's Interest Expense was 円-8 Mil. Its Operating Income was 円596 Mil. And its Long-Term Debt & Capital Lease Obligation was 円321 Mil.

Interest Coverage=-1* Operating Income (A: Sep. 2025 )/Interest Expense (A: Sep. 2025 )
=-1*595.739/-7.63
=78.08

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

Here, for the three months ended in Mar. 2026, TVE Co's Interest Expense was 円-2 Mil. Its Operating Income was 円459 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*458.956/-2.27
=202.18

* 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 202.18 mean?
TVE Co (TSE:6466) has a Interest Coverage of 202.18 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on TVE Co and its competitors. This is near median its historical median of 217.71. Over the past decade, TVE Co's Interest Coverage has ranged from 37.36 to 329.58. According to the industry distribution chart, TVE Co ranks #362 out of 2323 companies in the Industrial Products industry, placing it in the top 15.6%.
Is TVE Co's Interest Coverage too high?
TVE Co's current Interest Coverage of 202.18 is near median its 10-year median of 217.71. Over the past 10 years, this metric has ranged from a low of 37.36 to a high of 329.58. The Industrial Products industry median Interest Coverage is 14.72. TVE Co's value of 202.18 is 1273.5% above this industry median. Based on the distribution chart, TVE Co ranks #362 out of 2323 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, TVE Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TVE Co's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, TVE Co ranks #362 out of 2323 companies for Interest Coverage. This places TVE Co in the top 16% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.72. TVE Co's value of 202.18 is 1273.5% above this benchmark. Historically, TVE Co's own Interest Coverage has ranged from 37.36 to 329.58 over the past decade. While the company's 10-year median is 217.71 vs. the industry median of 14.72, TVE 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 2,323 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. TVE Co's current Interest Coverage of 202.18 is 1273.5% 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 TVE 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. TVE Co's current Interest Coverage is 202.18, which is near median its own 10-year median of 217.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TVE Co stock overvalued right now?
Based on GuruFocus' analysis, TVE Co (TSE:6466) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,433.51, compared to a current price of 円4,370.00 — trading 79.6% above its estimated fair value. The current Interest Coverage is 202.18, which is near median its 10-year median of 217.71 and 1273.5% above the Industrial Products industry median of 14.72. TVE Co's overall GF Score™ is 60/100 with 2 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 TVE Co (TSE:6466), the current Interest Coverage is 202.18 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 TVE Co (TSE:6466) Overvalued in 2026?

Based on GuruFocus' analysis, TVE Co stock appears to be overvalued. The current stock price of 円4,370.00 is trading 79.6% above its estimated GF Value™ of 円2,433.51. GuruFocus considers TVE Co to be Significantly Overvalued.

Key valuation signals for TSE:6466:

  • Interest Coverage: 202.18 (near median its 10-year median of 217.71)
  • GF Value™: 円2,433.51 vs. price of 円4,370.00 (79.6% above fair value)
  • GF Score™: 60/100 with 2 warning signs
  • Industry Position: 1273.5% above the Industrial Products median (#362 of 2323)

No single metric tells the full story. See the TSE:6466 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TVE Co Business Description

Address 5-12-1, Nishitachibana-cho, Amagasaki-shi, Hyogo, Amagasaki, JPN, 660-0054
TVE Co Ltd is engaged in the manufacture and sale of various valves and cast steel products, and maintenance work of various valves. The products of the company include safety valve, relief valve, sluice valve, check valve, special valve, and globe valve.
60GF Score

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

円4,370.00
Price
円2,433.51
GF Value