NittanTSE:6493 +1.09%74 Interest Coverage is 15.40 as of Mar. 2026, which is 37% above its 10-year median of 11.25. GuruFocus rates TSE:6493 with a GF Score™ of 74/100 and a GF Value™ of 円376.87 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,066 Vehicles & Parts companies, Nittan ranks better than 62.01% 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. Nittan's
Operating Income
for the
six
months ended in Mar. 2026 was 円2,273 Mil. Nittan's Interest Expense for the
six
months ended in Mar. 2026 was 円-148 Mil.
Nittan's interest coverage for the quarter that ended in Mar. 2026 was 15.40.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Nittan's Interest Coverage or its related term are showing as below:
TSE:6493'
s Interest Coverage Range Over the Past 10 Years
Min: 0.1 Med: 11.25 Max: 18.32
Current: 14.1
TSE:6493's Interest Coverage is ranked better than 62.01% of 1066
companies
in the Vehicles & Parts industry
Industry Median: 8.435
vs TSE:6493: 14.10
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 .
Nittan Interest Coverage Related Terms
Nittan Interest Coverage Historical Data
* Premium members only.
The historical data trend for Nittan'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:6493 vs ORLY, AZO: Interest Coverage Comparison
For the Auto Parts subindustry, Nittan'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.
Nittan Interest Coverage vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Nittan's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Nittan'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.
Nittan (TSE:6493) has a Interest Coverage of 15.40 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nittan and its competitors. This is 37% above median its historical median of 11.25. Over the past decade, Nittan's Interest Coverage has ranged from 0.10 to 18.32. According to the industry distribution chart, Nittan ranks #405 out of 1066 companies in the Vehicles & Parts industry, placing it in the top 38%.
Is Nittan's Interest Coverage too high?
Nittan's current Interest Coverage of 15.40 is 37% above median its 10-year median of 11.25. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 18.32. The Vehicles & Parts industry median Interest Coverage is 8.44. Nittan's value of 15.40 is 82.6% above this industry median. Based on the distribution chart, Nittan ranks #405 out of 1066 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Nittan has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nittan's Interest Coverage compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Nittan ranks #405 out of 1066 companies for Interest Coverage. This puts Nittan in the upper half of its industry. The industry median Interest Coverage is 8.44. Nittan's value of 15.40 is 82.6% above this benchmark. Historically, Nittan's own Interest Coverage has ranged from 0.10 to 18.32 over the past decade. While the company's 10-year median is 11.25 vs. the industry median of 8.44, Nittan 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 Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.44, based on 1,066 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. Nittan's current Interest Coverage of 15.40 is 82.6% 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 Nittan and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nittan's current Interest Coverage is 15.40, which is 37% above median its own 10-year median of 11.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nittan stock overvalued right now?
Based on GuruFocus' analysis, Nittan (TSE:6493) is currently considered Modestly Overvalued. The stock's GF Value™ is 円376.87, compared to a current price of 円463.00 — trading 22.9% above its estimated fair value. The current Interest Coverage is 15.40, which is 37% above median its 10-year median of 11.25 and 82.6% above the Vehicles & Parts industry median of 8.44. Nittan's overall GF Score™ is 74/100 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 Nittan (TSE:6493), the current Interest Coverage is 15.40 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 Nittan (TSE:6493) Overvalued in 2026?
Based on GuruFocus' analysis, Nittan stock appears to be overvalued.
The current stock price of 円463.00 is trading 22.9% above its estimated GF Value™ of 円376.87.
GuruFocus considers Nittan to be Modestly Overvalued.
Key valuation signals for TSE:6493:
Interest Coverage: 15.40 (37% above median its 10-year median of 11.25)
GF Value™: 円376.87 vs. price of 円463.00 (22.9% above fair value)
Industry Position: 82.6% above the Vehicles & Parts median (#405 of 1066)
No single metric tells the full story. See the TSE:6493 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nittan Corp operates in the auto parts industry. The company is mainly engaged in the manufacturing and distribution of engine valves, automobile parts, spinning machine parts, and other general machine parts and equipment. In addition, the company is involved in the produce, process, and sales of agricultural crops. The company has an operational presence across Asia, North America, and Europe.
74GF Score
Get the complete analysis for TSE:6493
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:6493 has been successfully added to your 
