Mirai Industry CoTSE:7931 +1.30%86 Interest Coverage is 1,188.33 as of Mar. 2026, which is 32% above its 10-year median of 899.30. GuruFocus rates TSE:7931 with a GF Score™ of 86/100 and a GF Value™ of 円3,776.91 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,325 Industrial Products companies, Mirai Industry Co ranks better than 94.28% 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. Mirai Industry Co's
Operating Income
for the
six
months ended in Mar. 2026 was 円3,565 Mil. Mirai Industry Co's Interest Expense for the
six
months ended in Mar. 2026 was 円-3 Mil.
Mirai Industry Co's interest coverage for the quarter that ended in Mar. 2026 was 1,188.33.
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. Mirai Industry Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Mirai Industry Co's Interest Coverage or its related term are showing as below:
TSE:7931'
s Interest Coverage Range Over the Past 10 Years
Min: 323.46 Med: 899.3 Max: 2445.67
Current: 961
TSE:7931's Interest Coverage is ranked better than 94.28% of 2325
companies
in the Industrial Products industry
Industry Median: 14.87
vs TSE:7931: 961.00
Mirai Industry Co (TSE:7931) 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 .
Mirai Industry Co Interest Coverage Related Terms
Mirai Industry Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Mirai Industry 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.
For the Electrical Equipment & Parts subindustry, Mirai Industry 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.
Mirai Industry Co Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mirai Industry Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Mirai Industry Co'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.
Mirai Industry Co (TSE:7931) has a Interest Coverage of 1,188.33 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mirai Industry Co and its competitors. This is 32% above median its historical median of 899.30. Over the past decade, Mirai Industry Co's Interest Coverage has ranged from 323.46 to 2,445.67. According to the industry distribution chart, Mirai Industry Co ranks #133 out of 2325 companies in the Industrial Products industry, placing it in the top 5.7%.
Is Mirai Industry Co's Interest Coverage too high?
Mirai Industry Co's current Interest Coverage of 1,188.33 is 32% above median its 10-year median of 899.30. Over the past 10 years, this metric has ranged from a low of 323.46 to a high of 2,445.67. The Industrial Products industry median Interest Coverage is 14.87. Mirai Industry Co's value of 1,188.33 is 7891.5% above this industry median. Based on the distribution chart, Mirai Industry Co ranks #133 out of 2325 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Mirai Industry Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mirai Industry Co's Interest Coverage compare to VRT and BE?
According to the Industrial Products industry distribution chart, Mirai Industry Co ranks #133 out of 2325 companies for Interest Coverage. This places Mirai Industry Co in the top 6% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.87. Mirai Industry Co's value of 1,188.33 is 7891.5% above this benchmark. Historically, Mirai Industry Co's own Interest Coverage has ranged from 323.46 to 2,445.67 over the past decade. While the company's 10-year median is 899.30 vs. the industry median of 14.87, Mirai Industry 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 14.87, 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. Mirai Industry Co's current Interest Coverage of 1,188.33 is 7891.5% 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 Mirai Industry Co and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mirai Industry Co's current Interest Coverage is 1,188.33, which is 32% above median its own 10-year median of 899.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mirai Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Mirai Industry Co (TSE:7931) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,776.91, compared to a current price of 円3,125.00 — trading 17.3% below its estimated fair value. The current Interest Coverage is 1,188.33, which is 32% above median its 10-year median of 899.30 and 7891.5% above the Industrial Products industry median of 14.87. Mirai Industry Co's overall GF Score™ is 86/100 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 Mirai Industry Co (TSE:7931), the current Interest Coverage is 1,188.33 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 Mirai Industry Co (TSE:7931) Overvalued in 2026?
Based on GuruFocus' analysis, Mirai Industry Co stock appears to be undervalued.
The current stock price of 円3,125.00 is trading 17.3% below its estimated GF Value™ of 円3,776.91.
GuruFocus considers Mirai Industry Co to be Modestly Undervalued.
Key valuation signals for TSE:7931:
Interest Coverage: 1,188.33 (32% above median its 10-year median of 899.30)
GF Value™: 円3,776.91 vs. price of 円3,125.00 (17.3% below fair value)
Industry Position: 7891.5% above the Industrial Products median (#133 of 2325)
No single metric tells the full story. See the TSE:7931 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mirai Industry Co Ltd is engaged in the Manufacture and sale of electrical equipment materials, water supply and drainage equipment materials, and gas equipment materials. The segments of the company are the Electrical and Piping Materials business and the Wiring Device business.
86GF Score
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