Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
NiceTSE:8089 -0.21%61 Interest Coverage is 9.08 as of Mar. 2026, which is 52% above its 10-year median of 5.97. GuruFocus rates TSE:8089 with a GF Score™ of 61/100 and a GF Value™ of 円1,870.00 (Fairly Valued). The stock has 4 warning signs investors should review. Among 133 Industrial Distribution companies, Nice ranks worse than 52.63% 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. Nice's
Operating Income
for the
six
months ended in Mar. 2026 was 円4,079 Mil. Nice's Interest Expense for the
six
months ended in Mar. 2026 was 円-449 Mil.
Nice's interest coverage for the quarter that ended in Mar. 2026 was 9.08.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Nice's Interest Coverage or its related term are showing as below:
TSE:8089'
s Interest Coverage Range Over the Past 10 Years
Min: 0.19 Med: 5.97 Max: 13.07
Current: 6.18
TSE:8089's Interest Coverage is ranked worse than 52.63% of 133
companies
in the Industrial Distribution industry
Industry Median: 6.79
vs TSE:8089: 6.18
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 .
Nice Interest Coverage Related Terms
Nice Interest Coverage Historical Data
* Premium members only.
The historical data trend for Nice'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:8089 vs GWW, FAST, FERG: Interest Coverage Comparison
For the Industrial Distribution subindustry, Nice'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.
Nice Interest Coverage vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Nice's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Nice'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.
Nice (TSE:8089) has a Interest Coverage of 9.08 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nice and its competitors. This is 52% above median its historical median of 5.97. Over the past decade, Nice's Interest Coverage has ranged from 0.19 to 13.07. According to the industry distribution chart, Nice ranks #70 out of 133 companies in the Industrial Distribution industry, placing it in the top 52.6%.
Is Nice's Interest Coverage too high?
Nice's current Interest Coverage of 9.08 is 52% above median its 10-year median of 5.97. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 13.07. The Industrial Distribution industry median Interest Coverage is 6.79. Nice's value of 9.08 is 33.7% above this industry median. Based on the distribution chart, Nice ranks #70 out of 133 companies in the Industrial Distribution industry, which is below the industry midpoint. Overall, Nice has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nice's Interest Coverage compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Nice ranks #70 out of 133 companies for Interest Coverage. This places Nice in the lower half of its industry. The industry median Interest Coverage is 6.79. Nice's value of 9.08 is 33.7% above this benchmark. Historically, Nice's own Interest Coverage has ranged from 0.19 to 13.07 over the past decade. While the company's 10-year median is 5.97 vs. the industry median of 6.79, Nice 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. Nice's current Interest Coverage of 9.08 is 33.7% 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 Nice 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. Nice's current Interest Coverage is 9.08, which is 52% above median its own 10-year median of 5.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nice stock overvalued right now?
Based on GuruFocus' analysis, Nice (TSE:8089) is currently considered Fairly Valued. The stock's GF Value™ is 円1,870.00, compared to a current price of 円1,913.00 — trading 2.3% above its estimated fair value. The current Interest Coverage is 9.08, which is 52% above median its 10-year median of 5.97 and 33.7% above the Industrial Distribution industry median of 6.79. Nice's overall GF Score™ is 61/100 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 Nice (TSE:8089), the current Interest Coverage is 9.08 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 Nice (TSE:8089) Overvalued in 2026?
Based on GuruFocus' analysis, Nice stock appears to be overvalued.
The current stock price of 円1,913.00 is trading 2.3% above its estimated GF Value™ of 円1,870.00.
GuruFocus considers Nice to be Fairly Valued.
Key valuation signals for TSE:8089:
Interest Coverage: 9.08 (52% above median its 10-year median of 5.97)
GF Value™: 円1,870.00 vs. price of 円1,913.00 (2.3% above fair value)
Industry Position: 33.7% above the Industrial Distribution median (#70 of 133)
No single metric tells the full story. See the TSE:8089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nice Corp is engaged in the business related to housing. Principally, it is involved in the supply and sale of timber and construction materials and promotion of wooden buildings. The company offers timber products, structural frames, construction materials, housing equipment, and imported home products for material and furniture companies. Additionally, it is also into real estate agency business.
61GF Score
Get the complete analysis for TSE:8089
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:8089 has been successfully added to your 
