Toho Holdings Co (TSE:8129) Interest Coverage: 251.31 (As of Mar. 2026) — 17% Below Median


TSE:8129 Toho Holdings Co Ltd TSE:8129
85 GF Score
Price 円4,010.00
GF Value 円4,792.65
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Toho Holdings Co Interest Coverage?

Toho Holdings Co TSE:8129 -0.05% 85 Interest Coverage is 251.31 as of Mar. 2026, which is 17% below its 10-year median of 301.72. GuruFocus rates TSE:8129 with a GF Score™ of 85/100 and a GF Value™ of 円4,792.65 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 89 Medical Distribution companies, Toho Holdings Co ranks better than 89.89% 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. Toho Holdings Co's Operating Income for the three months ended in Mar. 2026 was 円4,021 Mil. Toho Holdings Co's Interest Expense for the three months ended in Mar. 2026 was 円-16 Mil. Toho Holdings Co's interest coverage for the quarter that ended in Mar. 2026 was 251.31. 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. Toho Holdings Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:8129' s Interest Coverage Range Over the Past 10 Years
Min: 54.57   Med: 301.72   Max: 586.47
Current: 291.55


TSE:8129's Interest Coverage is ranked better than
89.89% of 89 companies
in the Medical Distribution industry
Industry Median: 6.23 vs TSE:8129: 291.55

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


Toho Holdings Co  (TSE:8129) 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 .


Toho Holdings Co Interest Coverage Related Terms


Toho Holdings Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Toho Holdings 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.

Toho Holdings Co Interest Coverage Chart

Toho Holdings Co 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 164.92 227.35 311.89 408.78 291.55

Toho Holdings Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 338.43 296.08 236.64 395.69 251.31

TSE:8129 vs MCK, CAH, COR: Interest Coverage Comparison

For the Medical Distribution subindustry, Toho Holdings 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.


Toho Holdings Co Interest Coverage vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Toho Holdings Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Toho Holdings Co's Interest Coverage falls into.


TSE:8129
85GF Score
Toho Holdings Co Ltd TSE:8129
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toho Holdings 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:

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.

Toho Holdings Co'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, Toho Holdings Co's Interest Expense was 円-56 Mil. Its Operating Income was 円16,327 Mil. And its Long-Term Debt & Capital Lease Obligation was 円8,702 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*16327/-56
=291.55

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

Here, for the three months ended in Mar. 2026, Toho Holdings Co's Interest Expense was 円-16 Mil. Its Operating Income was 円4,021 Mil. And its Long-Term Debt & Capital Lease Obligation was 円8,702 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*4021/-16
=251.31

* 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 251.31 mean?
Toho Holdings Co (TSE:8129) has a Interest Coverage of 251.31 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Toho Holdings Co and its competitors. This is 17% below median its historical median of 301.72. Over the past decade, Toho Holdings Co's Interest Coverage has ranged from 54.57 to 586.47. According to the industry distribution chart, Toho Holdings Co ranks #9 out of 89 companies in the Medical Distribution industry, placing it in the top 10.1%.
Is Toho Holdings Co's Interest Coverage too high?
Toho Holdings Co's current Interest Coverage of 251.31 is 17% below median its 10-year median of 301.72. Over the past 10 years, this metric has ranged from a low of 54.57 to a high of 586.47. The Medical Distribution industry median Interest Coverage is 6.23. Toho Holdings Co's value of 251.31 is 3933.9% above this industry median. Based on the distribution chart, Toho Holdings Co ranks #9 out of 89 companies in the Medical Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Toho Holdings Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toho Holdings Co's Interest Coverage compare to MCK and CAH?
According to the Medical Distribution industry distribution chart, Toho Holdings Co ranks #9 out of 89 companies for Interest Coverage. This places Toho Holdings Co in the top 10% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 6.23. Toho Holdings Co's value of 251.31 is 3933.9% above this benchmark. Historically, Toho Holdings Co's own Interest Coverage has ranged from 54.57 to 586.47 over the past decade. While the company's 10-year median is 301.72 vs. the industry median of 6.23, Toho Holdings 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 Distribution company?
The median Interest Coverage among Medical Distribution companies is 6.23, based on 89 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. Toho Holdings Co's current Interest Coverage of 251.31 is 3933.9% 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 Toho Holdings Co and its competitors. For the Medical Distribution industry, the median Interest Coverage is 6.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toho Holdings Co's current Interest Coverage is 251.31, which is 17% below median its own 10-year median of 301.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toho Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Toho Holdings Co (TSE:8129) is currently considered Modestly Undervalued. The stock's GF Value™ is 円4,792.65, compared to a current price of 円4,010.00 — trading 16.3% below its estimated fair value. The current Interest Coverage is 251.31, which is 17% below median its 10-year median of 301.72 and 3933.9% above the Medical Distribution industry median of 6.23. Toho Holdings Co's overall GF Score™ is 85/100 with 3 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 Toho Holdings Co (TSE:8129), the current Interest Coverage is 251.31 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 Toho Holdings Co (TSE:8129) Overvalued in 2026?

Based on GuruFocus' analysis, Toho Holdings Co stock appears to be undervalued. The current stock price of 円4,010.00 is trading 16.3% below its estimated GF Value™ of 円4,792.65. GuruFocus considers Toho Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:8129:

  • Interest Coverage: 251.31 (17% below median its 10-year median of 301.72)
  • GF Value™: 円4,792.65 vs. price of 円4,010.00 (16.3% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 3933.9% above the Medical Distribution median (#9 of 89)

No single metric tells the full story. See the TSE:8129 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toho Holdings Co Business Description

Other Exchanges TON:Germany
Address 4-43-11 Daizawa, Setagaya-ku, Tokyo, JPN, 155-8655
Toho Holdings Co Ltd is a specialty and generic drug manufacturing company. The company's business includes pharmaceutical wholesaling and pharmacy dispensing. It also maintains a site-management organization business that assists a variety of medical establishments, ranging from large medical institutions to private clinics, with a wide range of clinical trials under contract. The company supports medical institutions suitable for respective trials to improve the quality and speed of clinical trials. It generates additional revenue through software sales to medical institutions.
85GF Score

Get the complete analysis for TSE:8129

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

円4,010.00
Price
円4,792.65
GF Value