IHITSE:7013 +1.36%68 Interest Coverage is 33.31 as of Mar. 2026, which is 120% above its 10-year median of 15.14. GuruFocus rates TSE:7013 with a GF Score™ of 68/100 and a GF Value™ of 円1,285.65 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,325 Industrial Products companies, IHI ranks better than 54.62% 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. IHI's
Operating Income
for the
three
months ended in Mar. 2026 was 円62,998 Mil. IHI's Interest Expense for the
three
months ended in Mar. 2026 was 円-1,891 Mil.
IHI's interest coverage for the quarter that ended in Mar. 2026 was 33.31.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for IHI's Interest Coverage or its related term are showing as below:
TSE:7013'
s Interest Coverage Range Over the Past 10 Years
Min: 5.48 Med: 15.14 Max: 25.56
Current: 18.27
TSE:7013's Interest Coverage is ranked better than 54.62% of 2325
companies
in the Industrial Products industry
Industry Median: 14.8
vs TSE:7013: 18.27
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 .
IHI Interest Coverage Related Terms
IHI Interest Coverage Historical Data
* Premium members only.
The historical data trend for IHI'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:7013 vs GEV, ETN, PH: Interest Coverage Comparison
For the Specialty Industrial Machinery subindustry, IHI'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.
IHI Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, IHI's Interest Coverage distribution charts can be found below:
* The bar in red indicates where IHI'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.
IHI (TSE:7013) has a Interest Coverage of 33.31 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on IHI and its competitors. This is 120% above median its historical median of 15.14. Over the past decade, IHI's Interest Coverage has ranged from 5.48 to 25.56. According to the industry distribution chart, IHI ranks #1055 out of 2325 companies in the Industrial Products industry, placing it in the top 45.4%.
Is IHI's Interest Coverage too high?
IHI's current Interest Coverage of 33.31 is 120% above median its 10-year median of 15.14. Over the past 10 years, this metric has ranged from a low of 5.48 to a high of 25.56. The Industrial Products industry median Interest Coverage is 14.80. IHI's value of 33.31 is 125.1% above this industry median. Based on the distribution chart, IHI ranks #1055 out of 2325 companies in the Industrial Products industry, which is above the industry midpoint. Overall, IHI has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IHI's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, IHI ranks #1055 out of 2325 companies for Interest Coverage. This puts IHI in the upper half of its industry. The industry median Interest Coverage is 14.80. IHI's value of 33.31 is 125.1% above this benchmark. Historically, IHI's own Interest Coverage has ranged from 5.48 to 25.56 over the past decade. While the company's 10-year median is 15.14 vs. the industry median of 14.80, IHI 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 14.80, based on 2,325 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. IHI's current Interest Coverage of 33.31 is 125.1% 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 IHI and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IHI's current Interest Coverage is 33.31, which is 120% above median its own 10-year median of 15.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IHI stock overvalued right now?
Based on GuruFocus' analysis, IHI (TSE:7013) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,285.65, compared to a current price of 円2,711.50 — trading 110.9% above its estimated fair value. The current Interest Coverage is 33.31, which is 120% above median its 10-year median of 15.14 and 125.1% above the Industrial Products industry median of 14.80. IHI's overall GF Score™ is 68/100 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 IHI (TSE:7013), the current Interest Coverage is 33.31 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 IHI (TSE:7013) Overvalued in 2026?
Based on GuruFocus' analysis, IHI stock appears to be overvalued.
The current stock price of 円2,711.50 is trading 110.9% above its estimated GF Value™ of 円1,285.65.
GuruFocus considers IHI to be Significantly Overvalued.
Key valuation signals for TSE:7013:
Interest Coverage: 33.31 (120% above median its 10-year median of 15.14)
GF Value™: 円1,285.65 vs. price of 円2,711.50 (110.9% above fair value)
Industry Position: 125.1% above the Industrial Products median (#1055 of 2325)
No single metric tells the full story. See the TSE:7013 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IHI Corp produces power systems and plants, large steel structures, marine machinery, aerospace engines, and other industrial solutions. The company operates its business through four segments. The Aviation, Space, and Defense segment covers aero engines, rocket systems, space utilization, and defense equipment. The Industrial System and General-purpose Machinery segment includes turbochargers, compressors, logistics systems, and industrial machinery. The Resources, Energy, Environment segment focuses on nuclear power, carbon solutions, and related equipment. The Social Infrastructure segment involves bridges, transportation systems, shield systems, construction materials, and urban development.
68GF Score
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