Seika (TSE:8061) Interest Coverage: 49.11 (As of Mar. 2026) — Near Median

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TSE:8061 Seika Corp TSE:8061
79 GF Score
Price 円2,623.00
GF Value 円1,804.27
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Seika Interest Coverage?

Seika TSE:8061 -2.20% 79 Interest Coverage is 49.11 as of Mar. 2026, which is 6% above its 10-year median of 46.23. GuruFocus rates TSE:8061 with a GF Score™ of 79/100 and a GF Value™ of 円1,804.27 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 133 Industrial Distribution companies, Seika ranks better than 85.71% 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. Seika's Operating Income for the three months ended in Mar. 2026 was 円3,192 Mil. Seika's Interest Expense for the three months ended in Mar. 2026 was 円-65 Mil. Seika's interest coverage for the quarter that ended in Mar. 2026 was 49.11. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Seika's Interest Coverage or its related term are showing as below:

TSE:8061' s Interest Coverage Range Over the Past 10 Years
Min: 19.12   Med: 46.23   Max: 1081.17
Current: 92.32


TSE:8061's Interest Coverage is ranked better than
85.71% of 133 companies
in the Industrial Distribution industry
Industry Median: 6.79 vs TSE:8061: 92.32

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Seika  (TSE:8061) 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 .


Seika Interest Coverage Related Terms


Seika Interest Coverage Historical Data

* Premium members only.

The historical data trend for Seika'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.

Seika Interest Coverage Chart

Seika Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.68 154.57 429.23 1,081.17 92.32

Seika Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 1,593.00 1,671.00 78.80 49.11

TSE:8061 vs GWW, FAST, FERG: Interest Coverage Comparison

For the Industrial Distribution subindustry, Seika'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.


Seika Interest Coverage vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Seika's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Seika's Interest Coverage falls into.


TSE:8061
79GF Score
Seika Corp TSE:8061
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Seika 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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Seika's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Seika's Interest Expense was 円-87 Mil. Its Operating Income was 円8,032 Mil. And its Long-Term Debt & Capital Lease Obligation was 円19,841 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*8032/-87
=92.32

Seika's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Seika's Interest Expense was 円-65 Mil. Its Operating Income was 円3,192 Mil. And its Long-Term Debt & Capital Lease Obligation was 円19,841 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*3192/-65
=49.11

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 49.11 mean?
Seika (TSE:8061) has a Interest Coverage of 49.11 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Seika and its competitors. This is near median its historical median of 46.23. Over the past decade, Seika's Interest Coverage has ranged from 19.12 to 1,081.17. According to the industry distribution chart, Seika ranks #19 out of 133 companies in the Industrial Distribution industry, placing it in the top 14.3%.
Is Seika's Interest Coverage too high?
Seika's current Interest Coverage of 49.11 is near median its 10-year median of 46.23. Over the past 10 years, this metric has ranged from a low of 19.12 to a high of 1,081.17. The Industrial Distribution industry median Interest Coverage is 6.79. Seika's value of 49.11 is 623.3% above this industry median. Based on the distribution chart, Seika ranks #19 out of 133 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Seika has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Seika's Interest Coverage compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Seika ranks #19 out of 133 companies for Interest Coverage. This places Seika in the top 14% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 6.79. Seika's value of 49.11 is 623.3% above this benchmark. Historically, Seika's own Interest Coverage has ranged from 19.12 to 1,081.17 over the past decade. While the company's 10-year median is 46.23 vs. the industry median of 6.79, Seika 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 Distribution company?
The median Interest Coverage among Industrial Distribution companies is 6.79, based on 133 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. Seika's current Interest Coverage of 49.11 is 623.3% 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 Seika and its competitors. For the Industrial Distribution industry, the median Interest Coverage is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seika's current Interest Coverage is 49.11, which is near median its own 10-year median of 46.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seika stock overvalued right now?
Based on GuruFocus' analysis, Seika (TSE:8061) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,804.27, compared to a current price of 円2,623.00 — trading 45.4% above its estimated fair value. The current Interest Coverage is 49.11, which is near median its 10-year median of 46.23 and 623.3% above the Industrial Distribution industry median of 6.79. Seika's overall GF Score™ is 79/100 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 Seika (TSE:8061), the current Interest Coverage is 49.11 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 Seika (TSE:8061) Overvalued in 2026?

Based on GuruFocus' analysis, Seika stock appears to be overvalued. The current stock price of 円2,623.00 is trading 45.4% above its estimated GF Value™ of 円1,804.27. GuruFocus considers Seika to be Significantly Overvalued.

Key valuation signals for TSE:8061:

  • Interest Coverage: 49.11 (near median its 10-year median of 46.23)
  • GF Value™: 円1,804.27 vs. price of 円2,623.00 (45.4% above fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 623.3% above the Industrial Distribution median (#19 of 133)

No single metric tells the full story. See the TSE:8061 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Seika Business Description

Address 3-1, Marunouchi 3-chome, Shin-Tokyo Building, Chiyoda-ku, Tokyo, JPN, 100-0005
Seika Corp operates as a general trading company of machinery in Japan. The firm offers a varities of products for various industrial fields, including environmental protection systems such as air pollution control/waste-water treatment systems, heavy and chemical industrial equipment, including film and sheet manufacturing equipment, food and beverage production equipment, packaging materials, laser-applied systems, and measuring/scaling equipment. The Group is segmented into three businesses: energy, industrial machinery, and products.
79GF Score

Get the complete analysis for TSE:8061

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円2,623.00
Price
円1,804.27
GF Value