Shigematsu Works CoTSE:7980 -1.10%80 Interest Coverage is 18.82 as of Mar. 2026, which is 18% below its 10-year median of 22.86. GuruFocus rates TSE:7980 with a GF Score™ of 80/100 and a GF Value™ of 円946.81 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 465 Medical Devices & Instruments companies, Shigematsu Works Co ranks worse than 54.19% 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. Shigematsu Works Co's
Operating Income
for the
six
months ended in Mar. 2026 was 円966 Mil. Shigematsu Works Co's Interest Expense for the
six
months ended in Mar. 2026 was 円-51 Mil.
Shigematsu Works Co's interest coverage for the quarter that ended in Mar. 2026 was 18.82.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Shigematsu Works Co's Interest Coverage or its related term are showing as below:
TSE:7980'
s Interest Coverage Range Over the Past 10 Years
Min: 2.8 Med: 22.86 Max: 53.71
Current: 12.7
TSE:7980's Interest Coverage is ranked worse than 54.19% of 465
companies
in the Medical Devices & Instruments industry
Industry Median: 16.03
vs TSE:7980: 12.70
Shigematsu Works Co (TSE:7980) 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 .
Shigematsu Works Co Interest Coverage Related Terms
Shigematsu Works Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Shigematsu Works 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.
TSE:7980 vs ISRG, BDX, MDLN: Interest Coverage Comparison
For the Medical Instruments & Supplies subindustry, Shigematsu Works 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.
Shigematsu Works Co Interest Coverage vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Shigematsu Works Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Shigematsu Works 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.
Shigematsu Works Co (TSE:7980) has a Interest Coverage of 18.82 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shigematsu Works Co and its competitors. This is 18% below median its historical median of 22.86. Over the past decade, Shigematsu Works Co's Interest Coverage has ranged from 2.80 to 53.71. According to the industry distribution chart, Shigematsu Works Co ranks #252 out of 465 companies in the Medical Devices & Instruments industry, placing it in the top 54.2%.
Is Shigematsu Works Co's Interest Coverage too high?
Shigematsu Works Co's current Interest Coverage of 18.82 is 18% below median its 10-year median of 22.86. Over the past 10 years, this metric has ranged from a low of 2.80 to a high of 53.71. The Medical Devices & Instruments industry median Interest Coverage is 16.03. Shigematsu Works Co's value of 18.82 is 17.4% above this industry median. Based on the distribution chart, Shigematsu Works Co ranks #252 out of 465 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Shigematsu Works Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shigematsu Works Co's Interest Coverage compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Shigematsu Works Co ranks #252 out of 465 companies for Interest Coverage. This places Shigematsu Works Co in the lower half of its industry. The industry median Interest Coverage is 16.03. Shigematsu Works Co's value of 18.82 is 17.4% above this benchmark. Historically, Shigematsu Works Co's own Interest Coverage has ranged from 2.80 to 53.71 over the past decade. While the company's 10-year median is 22.86 vs. the industry median of 16.03, Shigematsu Works 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 a Medical Devices & Instruments company?
The median Interest Coverage among Medical Devices & Instruments companies is 16.03, based on 465 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. Shigematsu Works Co's current Interest Coverage of 18.82 is 17.4% 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 Shigematsu Works Co and its competitors. For the Medical Devices & Instruments industry, the median Interest Coverage is 16.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shigematsu Works Co's current Interest Coverage is 18.82, which is 18% below median its own 10-year median of 22.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shigematsu Works Co stock overvalued right now?
Based on GuruFocus' analysis, Shigematsu Works Co (TSE:7980) is currently considered Modestly Undervalued. The stock's GF Value™ is 円946.81, compared to a current price of 円810.00 — trading 14.4% below its estimated fair value. The current Interest Coverage is 18.82, which is 18% below median its 10-year median of 22.86 and 17.4% above the Medical Devices & Instruments industry median of 16.03. Shigematsu Works Co's overall GF Score™ is 80/100 with 4 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 Shigematsu Works Co (TSE:7980), the current Interest Coverage is 18.82 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 Shigematsu Works Co (TSE:7980) Overvalued in 2026?
Based on GuruFocus' analysis, Shigematsu Works Co stock appears to be undervalued.
The current stock price of 円810.00 is trading 14.4% below its estimated GF Value™ of 円946.81.
GuruFocus considers Shigematsu Works Co to be Modestly Undervalued.
Key valuation signals for TSE:7980:
Interest Coverage: 18.82 (18% below median its 10-year median of 22.86)
GF Value™: 円946.81 vs. price of 円810.00 (14.4% below fair value)
Industry Position: 17.4% above the Medical Devices & Instruments median (#252 of 465)
No single metric tells the full story. See the TSE:7980 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shigematsu Works Co Ltd is a Japan based company engaged in the safety business. It manufactures personal and respiratory protective devices related to fire and industrial safety, equipment for air purifying, emergency and rescue operations. The company offers products such as gas respirators, chemical cartridge respirators, particulate respirators, self-contained breathing apparatus, powered air-purifying respirators, supplied-air respirators, eye protector, face shields, earmuffs, safety belts, protective clothing, protective gloves, stretchers, oxygen meters and other related products. The products offered by the organization has application in various industries including textile, chemical, automobile, fishery, mining, warehouse and others.
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