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KelTSE:6919 +0.51%70 Interest Coverage is 36.72 as of Mar. 2026, which is 87% below its 10-year median of 289.56. GuruFocus rates TSE:6919 with a GF Score™ of 70/100 and a GF Value™ of 円1,573.59 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,678 Hardware companies, Kel ranks better than 70.32% 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. Kel's
Operating Income
for the
six
months ended in Mar. 2026 was 円128 Mil. Kel's Interest Expense for the
six
months ended in Mar. 2026 was 円-3 Mil.
Kel's interest coverage for the quarter that ended in Mar. 2026 was 36.72.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Kel's Interest Coverage or its related term are showing as below:
TSE:6919'
s Interest Coverage Range Over the Past 10 Years
Min: 45.62 Med: 289.56 Max: 1077.31
Current: 45.62
TSE:6919's Interest Coverage is ranked better than 70.32% of 1678
companies
in the Hardware industry
Industry Median: 13.645
vs TSE:6919: 45.62
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 .
Kel Interest Coverage Related Terms
Kel Interest Coverage Historical Data
* Premium members only.
The historical data trend for Kel'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:6919 vs APH, GLW: Interest Coverage Comparison
For the Electronic Components subindustry, Kel'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.
Kel Interest Coverage vs Hardware Industry
For the Hardware industry and Technology sector, Kel's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Kel'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.
Kel (TSE:6919) has a Interest Coverage of 36.72 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Kel and its competitors. This is 87% below median its historical median of 289.56. Over the past decade, Kel's Interest Coverage has ranged from 45.62 to 1,077.31. According to the industry distribution chart, Kel ranks #498 out of 1678 companies in the Hardware industry, placing it in the top 29.7%.
Is Kel's Interest Coverage too high?
Kel's current Interest Coverage of 36.72 is 87% below median its 10-year median of 289.56. Over the past 10 years, this metric has ranged from a low of 45.62 to a high of 1,077.31. The Hardware industry median Interest Coverage is 13.65. Kel's value of 36.72 is 169.1% above this industry median. Based on the distribution chart, Kel ranks #498 out of 1678 companies in the Hardware industry, which is above the industry midpoint. Overall, Kel has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kel's Interest Coverage compare to APH and GLW?
According to the Hardware industry distribution chart, Kel ranks #498 out of 1678 companies for Interest Coverage. This puts Kel in the upper half of its industry. The industry median Interest Coverage is 13.65. Kel's value of 36.72 is 169.1% above this benchmark. Historically, Kel's own Interest Coverage has ranged from 45.62 to 1,077.31 over the past decade. While the company's 10-year median is 289.56 vs. the industry median of 13.65, Kel 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. Kel's current Interest Coverage of 36.72 is 169.1% 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 Kel 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. Kel's current Interest Coverage is 36.72, which is 87% below median its own 10-year median of 289.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kel stock overvalued right now?
Based on GuruFocus' analysis, Kel (TSE:6919) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,573.59, compared to a current price of 円1,367.00 — trading 13.1% below its estimated fair value. The current Interest Coverage is 36.72, which is 87% below median its 10-year median of 289.56 and 169.1% above the Hardware industry median of 13.65. Kel's overall GF Score™ is 70/100 with 6 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 Kel (TSE:6919), the current Interest Coverage is 36.72 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 Kel (TSE:6919) Overvalued in 2026?
Based on GuruFocus' analysis, Kel stock appears to be undervalued.
The current stock price of 円1,367.00 is trading 13.1% below its estimated GF Value™ of 円1,573.59.
GuruFocus considers Kel to be Modestly Undervalued.
Key valuation signals for TSE:6919:
Interest Coverage: 36.72 (87% below median its 10-year median of 289.56)
GF Value™: 円1,573.59 vs. price of 円1,367.00 (13.1% below fair value)
Industry Position: 169.1% above the Hardware median (#498 of 1678)
No single metric tells the full story. See the TSE:6919 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kel Corporation is a manufacturer of connectors, circuit sockets, racks, and harnesses. Its products include connectors, integrated circuit sockets, switches and terminal blocks, which are applied in cellular phones, notebooks, and PC, among others.
70GF Score
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