Marufuji Sheet Piling CoTSE:8046 -0.67%64 Interest Coverage is 425.33 as of Mar. 2026, which is 976% above its 10-year median of 39.54. GuruFocus rates TSE:8046 with a GF Score™ of 64/100 and a GF Value™ of 円667.62 (Significantly Overvalued). Among 456 Steel companies, Marufuji Sheet Piling Co ranks better than 93.42% 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. Marufuji Sheet Piling Co's
Operating Income
for the
six
months ended in Mar. 2026 was 円1,276 Mil. Marufuji Sheet Piling Co's Interest Expense for the
six
months ended in Mar. 2026 was 円-3 Mil.
Marufuji Sheet Piling Co's interest coverage for the quarter that ended in Mar. 2026 was 425.33.
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. Marufuji Sheet Piling Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Marufuji Sheet Piling Co's Interest Coverage or its related term are showing as below:
TSE:8046'
s Interest Coverage Range Over the Past 10 Years
Min: 24.07 Med: 39.54 Max: 395.25
Current: 352
TSE:8046's Interest Coverage is ranked better than 93.42% of 456
companies
in the Steel industry
Industry Median: 4.445
vs TSE:8046: 352.00
Marufuji Sheet Piling Co (TSE:8046) 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 .
Marufuji Sheet Piling Co Interest Coverage Related Terms
Marufuji Sheet Piling Co Interest Coverage Historical Data
* 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:8046 vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, Marufuji Sheet Piling 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.
Marufuji Sheet Piling Co Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, Marufuji Sheet Piling Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Marufuji Sheet Piling Co's Interest Coverage falls into.
Marufuji Sheet Piling Co Interest Coverage Calculation
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.
Marufuji Sheet Piling Co (TSE:8046) has a Interest Coverage of 425.33 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Marufuji Sheet Piling Co and its competitors. This is 976% above median its historical median of 39.54. Over the past decade, Marufuji Sheet Piling Co's Interest Coverage has ranged from 24.07 to 395.25. According to the industry distribution chart, Marufuji Sheet Piling Co ranks #30 out of 456 companies in the Steel industry, placing it in the top 6.6%.
Is Marufuji Sheet Piling Co's Interest Coverage too high?
Marufuji Sheet Piling Co's current Interest Coverage of 425.33 is 976% above median its 10-year median of 39.54. Over the past 10 years, this metric has ranged from a low of 24.07 to a high of 395.25. The Steel industry median Interest Coverage is 4.45. Marufuji Sheet Piling Co's value of 425.33 is 9468.7% above this industry median. Based on the distribution chart, Marufuji Sheet Piling Co ranks #30 out of 456 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Marufuji Sheet Piling Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marufuji Sheet Piling Co's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Marufuji Sheet Piling Co ranks #30 out of 456 companies for Interest Coverage. This places Marufuji Sheet Piling Co in the top 7% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.45. Marufuji Sheet Piling Co's value of 425.33 is 9468.7% above this benchmark. Historically, Marufuji Sheet Piling Co's own Interest Coverage has ranged from 24.07 to 395.25 over the past decade. While the company's 10-year median is 39.54 vs. the industry median of 4.45, Marufuji Sheet Piling 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 Steel company?
The median Interest Coverage among Steel companies is 4.45, based on 456 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. Marufuji Sheet Piling Co's current Interest Coverage of 425.33 is 9468.7% 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 Marufuji Sheet Piling Co and its competitors. For the Steel industry, the median Interest Coverage is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marufuji Sheet Piling Co's current Interest Coverage is 425.33, which is 976% above median its own 10-year median of 39.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marufuji Sheet Piling Co stock overvalued right now?
Based on GuruFocus' analysis, Marufuji Sheet Piling Co (TSE:8046) is currently considered Significantly Overvalued. The stock's GF Value™ is 円667.62, compared to a current price of 円884.00 — trading 32.4% above its estimated fair value. The current Interest Coverage is 425.33, which is 976% above median its 10-year median of 39.54 and 9468.7% above the Steel industry median of 4.45. Marufuji Sheet Piling Co's overall GF Score™ is 64/100. 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 Marufuji Sheet Piling Co (TSE:8046), the current Interest Coverage is 425.33 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 Marufuji Sheet Piling Co (TSE:8046) Overvalued in 2026?
Based on GuruFocus' analysis, Marufuji Sheet Piling Co stock appears to be overvalued.
The current stock price of 円884.00 is trading 32.4% above its estimated GF Value™ of 円667.62.
GuruFocus considers Marufuji Sheet Piling Co to be Significantly Overvalued.
Key valuation signals for TSE:8046:
Interest Coverage: 425.33 (976% above median its 10-year median of 39.54)
GF Value™: 円667.62 vs. price of 円884.00 (32.4% above fair value)
Industry Position: 9468.7% above the Steel median (#30 of 456)
No single metric tells the full story. See the TSE:8046 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marufuji Sheet Piling Co Ltd engages in the manufacture and sale of steel sheet piles, steel plates, and other steel products that include H-shaped steel, architectural steel processed products and reinforced soil wall products. The company offers sheet piles, lightweight steel sheet piles, and corner piles; H shape steel products; steel mountain abstraction products; steel retaining materials; gantry/pier related products; lining plates; and other steel products. It also provides temporary bridges, hat chucks, liner plates, simple holding products, guardrails, PC-ATM products, and two-tone bags, as well as various anchor type reinforced earth products.
64GF Score
Get the complete analysis for TSE:8046
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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