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Hioki E.E.TSE:6866 -1.05%92 Interest Coverage is 1,012.48 as of Dec. 2025, which is 51% above its 10-year median of 669.35. GuruFocus rates TSE:6866 with a GF Score™ of 92/100 and a GF Value™ of 円8,086.23 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,678 Hardware companies, Hioki E.E. ranks better than 93.74% 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. Hioki E.E.'s
Operating Income
for the
three
months ended in Dec. 2025 was 円2,030 Mil. Hioki E.E.'s Interest Expense for the
three
months ended in Dec. 2025 was 円-2 Mil.
Hioki E.E.'s interest coverage for the quarter that ended in Dec. 2025 was 1,012.48.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Hioki E.E. Corp has no debt.
The historical rank and industry rank for Hioki E.E.'s Interest Coverage or its related term are showing as below:
TSE:6866'
s Interest Coverage Range Over the Past 10 Years
Min: 349.4 Med: 669.35 Max: 963.5
Current: 847.6
TSE:6866's Interest Coverage is ranked better than 93.74% of 1678
companies
in the Hardware industry
Industry Median: 13.645
vs TSE:6866: 847.60
Hioki E.E. (TSE:6866) 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 .
Hioki E.E. Interest Coverage Related Terms
Hioki E.E. Interest Coverage Historical Data
* Premium members only.
The historical data trend for Hioki E.E.'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:6866 vs COHR, KEYS, GRMN: Interest Coverage Comparison
For the Scientific & Technical Instruments subindustry, Hioki E.E.'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.
Hioki E.E. Interest Coverage vs Hardware Industry
For the Hardware industry and Technology sector, Hioki E.E.'s Interest Coverage distribution charts can be found below:
* The bar in red indicates where Hioki E.E.'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.
Hioki E.E. (TSE:6866) has a Interest Coverage of 1,012.48 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hioki E.E. and its competitors. This is 51% above median its historical median of 669.35. Over the past decade, Hioki E.E.'s Interest Coverage has ranged from 349.40 to 963.50. According to the industry distribution chart, Hioki E.E. ranks #105 out of 1678 companies in the Hardware industry, placing it in the top 6.3%.
Is Hioki E.E.'s Interest Coverage too high?
Hioki E.E.'s current Interest Coverage of 1,012.48 is 51% above median its 10-year median of 669.35. Over the past 10 years, this metric has ranged from a low of 349.40 to a high of 963.50. The Hardware industry median Interest Coverage is 13.65. Hioki E.E.'s value of 1,012.48 is 7320.2% above this industry median. Based on the distribution chart, Hioki E.E. ranks #105 out of 1678 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Hioki E.E. has a GF Score™ of 92/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hioki E.E.'s Interest Coverage compare to COHR and KEYS?
According to the Hardware industry distribution chart, Hioki E.E. ranks #105 out of 1678 companies for Interest Coverage. This places Hioki E.E. in the top 6% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 13.65. Hioki E.E.'s value of 1,012.48 is 7320.2% above this benchmark. Historically, Hioki E.E.'s own Interest Coverage has ranged from 349.40 to 963.50 over the past decade. While the company's 10-year median is 669.35 vs. the industry median of 13.65, Hioki E.E. 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 Hardware company?
The median Interest Coverage among Hardware companies is 13.65, based on 1,678 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. Hioki E.E.'s current Interest Coverage of 1,012.48 is 7320.2% 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 Hioki E.E. and its competitors. For the Hardware industry, the median Interest Coverage is 13.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hioki E.E.'s current Interest Coverage is 1,012.48, which is 51% above median its own 10-year median of 669.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hioki E.E. stock overvalued right now?
Based on GuruFocus' analysis, Hioki E.E. (TSE:6866) is currently considered Significantly Overvalued. The stock's GF Value™ is 円8,086.23, compared to a current price of 円11,270.00 — trading 39.4% above its estimated fair value. The current Interest Coverage is 1,012.48, which is 51% above median its 10-year median of 669.35 and 7320.2% above the Hardware industry median of 13.65. Hioki E.E.'s overall GF Score™ is 92/100 with 1 warning sign 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 Hioki E.E. (TSE:6866), the current Interest Coverage is 1,012.48 as of Dec. 2025. 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 Hioki E.E. (TSE:6866) Overvalued in 2026?
Based on GuruFocus' analysis, Hioki E.E. stock appears to be overvalued.
The current stock price of 円11,270.00 is trading 39.4% above its estimated GF Value™ of 円8,086.23.
GuruFocus considers Hioki E.E. to be Significantly Overvalued.
Key valuation signals for TSE:6866:
Interest Coverage: 1,012.48 (51% above median its 10-year median of 669.35)
GF Value™: 円8,086.23 vs. price of 円11,270.00 (39.4% above fair value)
Industry Position: 7320.2% above the Hardware median (#105 of 1678)
No single metric tells the full story. See the TSE:6866 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hioki E.E. Corp is engaged in the manufacturing of finest electrical test and measuring instruments. Its Electrical measuring instruments are versatile tools used across a wide range of fields, including product R&D, production, and maintenance inspections of electrical work. The company provides four main categories of products: automatic testing systems, recording equipment, electronic measuring instruments, and field measuring devices.
92GF Score
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