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NagaseTSE:8012 -1.22%80 Interest Coverage is 13.42 as of Mar. 2026, which is 7% below its 10-year median of 14.36. GuruFocus rates TSE:8012 with a GF Score™ of 80/100 and a GF Value™ of 円829.84 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,232 Chemicals companies, Nagase ranks better than 55.36% 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. Nagase's
Operating Income
for the
three
months ended in Mar. 2026 was 円11,525 Mil. Nagase's Interest Expense for the
three
months ended in Mar. 2026 was 円-859 Mil.
Nagase's interest coverage for the quarter that ended in Mar. 2026 was 13.42.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Nagase's Interest Coverage or its related term are showing as below:
TSE:8012'
s Interest Coverage Range Over the Past 10 Years
Min: 8.18 Med: 14.36 Max: 29.99
Current: 13.36
TSE:8012's Interest Coverage is ranked better than 55.36% of 1232
companies
in the Chemicals industry
Industry Median: 10.13
vs TSE:8012: 13.36
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 .
Nagase Interest Coverage Related Terms
Nagase Interest Coverage Historical Data
* Premium members only.
The historical data trend for Nagase'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:8012 vs LIN, SHW, ECL: Interest Coverage Comparison
For the Specialty Chemicals subindustry, Nagase'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.
Nagase Interest Coverage vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nagase's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Nagase'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.
Nagase (TSE:8012) has a Interest Coverage of 13.42 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nagase and its competitors. This is near median its historical median of 14.36. Over the past decade, Nagase's Interest Coverage has ranged from 8.18 to 29.99. According to the industry distribution chart, Nagase ranks #550 out of 1232 companies in the Chemicals industry, placing it in the top 44.6%.
Is Nagase's Interest Coverage too high?
Nagase's current Interest Coverage of 13.42 is near median its 10-year median of 14.36. Over the past 10 years, this metric has ranged from a low of 8.18 to a high of 29.99. The Chemicals industry median Interest Coverage is 10.13. Nagase's value of 13.42 is 32.5% above this industry median. Based on the distribution chart, Nagase ranks #550 out of 1232 companies in the Chemicals industry, which is above the industry midpoint. Overall, Nagase has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nagase's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nagase ranks #550 out of 1232 companies for Interest Coverage. This puts Nagase in the upper half of its industry. The industry median Interest Coverage is 10.13. Nagase's value of 13.42 is 32.5% above this benchmark. Historically, Nagase's own Interest Coverage has ranged from 8.18 to 29.99 over the past decade. While the company's 10-year median is 14.36 vs. the industry median of 10.13, Nagase 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.13, based on 1,232 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. Nagase's current Interest Coverage of 13.42 is 32.5% 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 Nagase and its competitors. For the Chemicals industry, the median Interest Coverage is 10.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nagase's current Interest Coverage is 13.42, which is near median its own 10-year median of 14.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nagase stock overvalued right now?
Based on GuruFocus' analysis, Nagase (TSE:8012) is currently considered Significantly Overvalued. The stock's GF Value™ is 円829.84, compared to a current price of 円1,135.50 — trading 36.8% above its estimated fair value. The current Interest Coverage is 13.42, which is near median its 10-year median of 14.36 and 32.5% above the Chemicals industry median of 10.13. Nagase's overall GF Score™ is 80/100 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 Nagase (TSE:8012), the current Interest Coverage is 13.42 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 Nagase (TSE:8012) Overvalued in 2026?
Based on GuruFocus' analysis, Nagase stock appears to be overvalued.
The current stock price of 円1,135.50 is trading 36.8% above its estimated GF Value™ of 円829.84.
GuruFocus considers Nagase to be Significantly Overvalued.
Key valuation signals for TSE:8012:
Interest Coverage: 13.42 (near median its 10-year median of 14.36)
GF Value™: 円829.84 vs. price of 円1,135.50 (36.8% above fair value)
Industry Position: 32.5% above the Chemicals median (#550 of 1232)
No single metric tells the full story. See the TSE:8012 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nagase & Co Ltd is a Japan-based trading company focused on chemicals and related products. The company operates through five segments. The Electronics and Energy segment covers semiconductors, components, AR/VR, renewable energy, and displays. The Functional Material segment handles paints, inks, resins, chemicals, films, and sanitary materials. The Life Related segment offers pharmaceuticals, agrochemicals, food ingredients, cosmetics, reagents, and medical devices. The Mobility segment provides materials and products for batteries, electrification, in-vehicle electronics, and autonomous driving. The Processing Material segment deals with plastics, resins, molding machines, and molds, while Others includes information processing and functional services.
80GF Score
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