Togami Electric Mfg Co (TSE:6643) Interest Coverage: 541.59 (As of Mar. 2026) — 49% Above Median

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TSE:6643 Togami Electric Mfg Co Ltd TSE:6643
75 GF Score
Price 円5,720.00
GF Value 円3,865.73
Valuation Significantly Overvalued
View Full Analysis

What is Togami Electric Mfg Co Interest Coverage?

Togami Electric Mfg Co TSE:6643 -0.87% 75 Interest Coverage is 541.59 as of Mar. 2026, which is 49% above its 10-year median of 364.43. GuruFocus rates TSE:6643 with a GF Score™ of 75/100 and a GF Value™ of 円3,865.73 (Significantly Overvalued). Among 2,309 Industrial Products companies, Togami Electric Mfg Co ranks better than 91.77% 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. Togami Electric Mfg Co's Operating Income for the three months ended in Mar. 2026 was 円1,364 Mil. Togami Electric Mfg Co's Interest Expense for the three months ended in Mar. 2026 was 円-3 Mil. Togami Electric Mfg Co's interest coverage for the quarter that ended in Mar. 2026 was 541.59. 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. Togami Electric Mfg Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:6643' s Interest Coverage Range Over the Past 10 Years
Min: 225.03   Med: 364.43   Max: 1286.02
Current: 415.54


TSE:6643's Interest Coverage is ranked better than
91.77% of 2309 companies
in the Industrial Products industry
Industry Median: 14.65 vs TSE:6643: 415.54

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


Togami Electric Mfg Co  (TSE:6643) 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 .


Togami Electric Mfg Co Interest Coverage Related Terms


Togami Electric Mfg Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Togami Electric Mfg 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.

Togami Electric Mfg Co Interest Coverage Chart

Togami Electric Mfg Co 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 287.43 679.06 1,286.02 735.89 411.32

Togami Electric Mfg Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 261.30 319.36 502.65 541.59 302.72

TSE:6643 vs VRT, BE: Interest Coverage Comparison

For the Electrical Equipment & Parts subindustry, Togami Electric Mfg 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.


Togami Electric Mfg Co Interest Coverage vs Industrial Products Industry

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

* The bar in red indicates where Togami Electric Mfg Co's Interest Coverage falls into.


TSE:6643
75GF Score
Togami Electric Mfg Co Ltd TSE:6643
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Togami Electric Mfg 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.

Togami Electric Mfg Co'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, Togami Electric Mfg Co's Interest Expense was 円-9 Mil. Its Operating Income was 円3,748 Mil. And its Long-Term Debt & Capital Lease Obligation was 円259 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*3748.379/-9.113
=411.32

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

Here, for the three months ended in Mar. 2026, Togami Electric Mfg Co's Interest Expense was 円-3 Mil. Its Operating Income was 円1,364 Mil. And its Long-Term Debt & Capital Lease Obligation was 円259 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1364.269/-2.519
=541.59

* 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 541.59 mean?
Togami Electric Mfg Co (TSE:6643) has a Interest Coverage of 541.59 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Togami Electric Mfg Co and its competitors. This is 49% above median its historical median of 364.43. Over the past decade, Togami Electric Mfg Co's Interest Coverage has ranged from 225.03 to 1,286.02. According to the industry distribution chart, Togami Electric Mfg Co ranks #190 out of 2309 companies in the Industrial Products industry, placing it in the top 8.2%.
Is Togami Electric Mfg Co's Interest Coverage too high?
Togami Electric Mfg Co's current Interest Coverage of 541.59 is 49% above median its 10-year median of 364.43. Over the past 10 years, this metric has ranged from a low of 225.03 to a high of 1,286.02. The Industrial Products industry median Interest Coverage is 14.65. Togami Electric Mfg Co's value of 541.59 is 3596.9% above this industry median. Based on the distribution chart, Togami Electric Mfg Co ranks #190 out of 2309 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Togami Electric Mfg Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Togami Electric Mfg Co's Interest Coverage compare to VRT and BE?
According to the Industrial Products industry distribution chart, Togami Electric Mfg Co ranks #190 out of 2309 companies for Interest Coverage. This places Togami Electric Mfg Co in the top 8% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.65. Togami Electric Mfg Co's value of 541.59 is 3596.9% above this benchmark. Historically, Togami Electric Mfg Co's own Interest Coverage has ranged from 225.03 to 1,286.02 over the past decade. While the company's 10-year median is 364.43 vs. the industry median of 14.65, Togami Electric Mfg 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 14.65, based on 2,309 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. Togami Electric Mfg Co's current Interest Coverage of 541.59 is 3596.9% 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 Togami Electric Mfg Co and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Togami Electric Mfg Co's current Interest Coverage is 541.59, which is 49% above median its own 10-year median of 364.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Togami Electric Mfg Co stock overvalued right now?
Based on GuruFocus' analysis, Togami Electric Mfg Co (TSE:6643) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,865.73, compared to a current price of 円5,720.00 — trading 48% above its estimated fair value. The current Interest Coverage is 541.59, which is 49% above median its 10-year median of 364.43 and 3596.9% above the Industrial Products industry median of 14.65. Togami Electric Mfg Co's overall GF Score™ is 75/100. 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 Togami Electric Mfg Co (TSE:6643), the current Interest Coverage is 541.59 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 Togami Electric Mfg Co (TSE:6643) Overvalued in 2026?

Based on GuruFocus' analysis, Togami Electric Mfg Co stock appears to be overvalued. The current stock price of 円5,720.00 is trading 48% above its estimated GF Value™ of 円3,865.73. GuruFocus considers Togami Electric Mfg Co to be Significantly Overvalued.

Key valuation signals for TSE:6643:

  • Interest Coverage: 541.59 (49% above median its 10-year median of 364.43)
  • GF Value™: 円3,865.73 vs. price of 円5,720.00 (48% above fair value)
  • GF Score™: 75/100
  • Industry Position: 3596.9% above the Industrial Products median (#190 of 2309)

No single metric tells the full story. See the TSE:6643 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Togami Electric Mfg Co Business Description

Address 1-1 Ohtakara-Kitamachi, Saga, JPN, 840-0802
Togami Electric Mfg Co Ltd manufactures and sells tracing devices and measuring instruments, control equipment, switchboards, and medium voltage products in Japan. The company offers super line checkers, underground distribution fault locators, string tracers, cell line checkers, and new cell line checkers. It also provides electromagnetic switches, including standard and economical electromagnetic switches, and star-delta starters; explosion proof controllers, such as explosion-proof circuit breakers, and cast iron and aluminum alloy control switches; and anticorrosion controllers comprising water- and corrosion-proof switches.
75GF Score

Get the complete analysis for TSE:6643

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

円5,720.00
Price
円3,865.73
GF Value