Leader ElectronicsTSE:6867 -0.92%61 Interest Coverage is 28.36 as of Mar. 2026, which is 62% below its 10-year median of 75.31. GuruFocus rates TSE:6867 with a GF Score™ of 61/100 and a GF Value™ of 円510.43 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,678 Hardware companies, Leader Electronics ranks worse than 80.63% 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. Leader Electronics's
Operating Income
for the
six
months ended in Mar. 2026 was 円74 Mil. Leader Electronics's Interest Expense for the
six
months ended in Mar. 2026 was 円-3 Mil.
Leader Electronics's interest coverage for the quarter that ended in Mar. 2026 was 28.36.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Leader Electronics's Interest Coverage or its related term are showing as below:
TSE:6867'
s Interest Coverage Range Over the Past 10 Years
Min: 3.5 Med: 75.31 Max: No Debt
Current: 3.5
TSE:6867's Interest Coverage is ranked worse than 80.63% of 1678
companies
in the Hardware industry
Industry Median: 13.645
vs TSE:6867: 3.50
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 .
Leader Electronics Interest Coverage Related Terms
Leader Electronics Interest Coverage Historical Data
* Premium members only.
The historical data trend for Leader Electronics'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:6867 vs COHR, KEYS, GRMN: Interest Coverage Comparison
For the Scientific & Technical Instruments subindustry, Leader Electronics'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.
Leader Electronics Interest Coverage vs Hardware Industry
For the Hardware industry and Technology sector, Leader Electronics's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Leader Electronics'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.
Leader Electronics (TSE:6867) has a Interest Coverage of 28.36 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Leader Electronics and its competitors. This is 62% below median its historical median of 75.31. Over the past decade, Leader Electronics' Interest Coverage has ranged from 3.50 to 10,000.00. According to the industry distribution chart, Leader Electronics ranks #1353 out of 1678 companies in the Hardware industry, placing it in the top 80.6%.
Is Leader Electronics' Interest Coverage too high?
Leader Electronics' current Interest Coverage of 28.36 is 62% below median its 10-year median of 75.31. Over the past 10 years, this metric has ranged from a low of 3.50 to a high of 10,000.00. The Hardware industry median Interest Coverage is 13.65. Leader Electronics' value of 28.36 is 107.8% above this industry median. Based on the distribution chart, Leader Electronics ranks #1353 out of 1678 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Leader Electronics has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Leader Electronics' Interest Coverage compare to COHR and KEYS?
According to the Hardware industry distribution chart, Leader Electronics ranks #1353 out of 1678 companies for Interest Coverage. This places Leader Electronics in the lower half of its industry. The industry median Interest Coverage is 13.65. Leader Electronics' value of 28.36 is 107.8% above this benchmark. Historically, Leader Electronics' own Interest Coverage has ranged from 3.50 to 10,000.00 over the past decade. While the company's 10-year median is 75.31 vs. the industry median of 13.65, Leader Electronics 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. Leader Electronics's current Interest Coverage of 28.36 is 107.8% 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 Leader Electronics 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. Leader Electronics's current Interest Coverage is 28.36, which is 62% below median its own 10-year median of 75.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leader Electronics stock overvalued right now?
Based on GuruFocus' analysis, Leader Electronics (TSE:6867) is currently considered Modestly Undervalued. The stock's GF Value™ is 円510.43, compared to a current price of 円429.00 — trading 16% below its estimated fair value. The current Interest Coverage is 28.36, which is 62% below median its 10-year median of 75.31 and 107.8% above the Hardware industry median of 13.65. Leader Electronics' overall GF Score™ is 61/100 with 5 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 Leader Electronics (TSE:6867), the current Interest Coverage is 28.36 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 Leader Electronics (TSE:6867) Overvalued in 2026?
Based on GuruFocus' analysis, Leader Electronics stock appears to be undervalued.
The current stock price of 円429.00 is trading 16% below its estimated GF Value™ of 円510.43.
GuruFocus considers Leader Electronics to be Modestly Undervalued.
Key valuation signals for TSE:6867:
Interest Coverage: 28.36 (62% below median its 10-year median of 75.31)
GF Value™: 円510.43 vs. price of 円429.00 (16% below fair value)
Industry Position: 107.8% above the Hardware median (#1353 of 1678)
No single metric tells the full story. See the TSE:6867 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leader Electronics Corp is engaged in the research, development, manufacturing, and sales of electronic measuring instruments, including those for broadcasting stations, manufacturers of professional video-related equipment, and signal monitoring during live broadcasts of sporting events.
61GF Score
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