Heiwa Real Estate Co (TSE:8803) Interest Coverage: 9.48 (As of Mar. 2026) — 28% Above Median

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TSE:8803 Heiwa Real Estate Co Ltd TSE:8803
74 GF Score
Price 円2,387.00
GF Value 円2,867.78
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Heiwa Real Estate Co Interest Coverage?

Heiwa Real Estate Co TSE:8803 -0.91% 74 Interest Coverage is 9.48 as of Mar. 2026, which is 28% above its 10-year median of 7.38. GuruFocus rates TSE:8803 with a GF Score™ of 74/100 and a GF Value™ of 円2,867.78 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,290 Real Estate companies, Heiwa Real Estate Co ranks better than 55.97% 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. Heiwa Real Estate Co's Operating Income for the three months ended in Mar. 2026 was 円6,454 Mil. Heiwa Real Estate Co's Interest Expense for the three months ended in Mar. 2026 was 円-681 Mil. Heiwa Real Estate Co's interest coverage for the quarter that ended in Mar. 2026 was 9.48. The higher the ratio, the stronger the company's financial strength is.

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

TSE:8803' s Interest Coverage Range Over the Past 10 Years
Min: 5.41   Med: 7.38   Max: 8.92
Current: 5.41


TSE:8803's Interest Coverage is ranked better than
55.97% of 1290 companies
in the Real Estate industry
Industry Median: 4.235 vs TSE:8803: 5.41

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


Heiwa Real Estate Co  (TSE:8803) 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 .


Heiwa Real Estate Co Interest Coverage Related Terms


Heiwa Real Estate Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Heiwa Real Estate 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.

Heiwa Real Estate Co Interest Coverage Chart

Heiwa Real Estate 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 8.92 7.29 7.83 6.98 6.02

Heiwa Real Estate Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.77 3.84 4.62 9.48 3.68

Heiwa Real Estate Co Interest Coverage Competitor Comparison

For the Real Estate - Diversified subindustry, Heiwa Real Estate 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.


Heiwa Real Estate Co Interest Coverage vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Heiwa Real Estate Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Heiwa Real Estate Co's Interest Coverage falls into.


TSE:8803
74GF Score
Heiwa Real Estate Co Ltd TSE:8803
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Heiwa Real Estate 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.

Heiwa Real Estate 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, Heiwa Real Estate Co's Interest Expense was 円-2,510 Mil. Its Operating Income was 円15,113 Mil. And its Long-Term Debt & Capital Lease Obligation was 円232,765 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*15113/-2510
=6.02

Heiwa Real Estate Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Heiwa Real Estate Co's Interest Expense was 円-681 Mil. Its Operating Income was 円6,454 Mil. And its Long-Term Debt & Capital Lease Obligation was 円232,765 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*6454/-681
=9.48

* 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 9.48 mean?
Heiwa Real Estate Co (TSE:8803) has a Interest Coverage of 9.48 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Heiwa Real Estate Co and its competitors. This is 28% above median its historical median of 7.38. Over the past decade, Heiwa Real Estate Co's Interest Coverage has ranged from 5.41 to 8.92. According to the industry distribution chart, Heiwa Real Estate Co ranks #568 out of 1290 companies in the Real Estate industry, placing it in the top 44%.
Is Heiwa Real Estate Co's Interest Coverage too high?
Heiwa Real Estate Co's current Interest Coverage of 9.48 is 28% above median its 10-year median of 7.38. Over the past 10 years, this metric has ranged from a low of 5.41 to a high of 8.92. The Real Estate industry median Interest Coverage is 4.24. Heiwa Real Estate Co's value of 9.48 is 123.8% above this industry median. Based on the distribution chart, Heiwa Real Estate Co ranks #568 out of 1290 companies in the Real Estate industry, which is above the industry midpoint. Overall, Heiwa Real Estate Co has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Heiwa Real Estate Co's Interest Coverage compare to competitors?
According to the Real Estate industry distribution chart, Heiwa Real Estate Co ranks #568 out of 1290 companies for Interest Coverage. This puts Heiwa Real Estate Co in the upper half of its industry. The industry median Interest Coverage is 4.24. Heiwa Real Estate Co's value of 9.48 is 123.8% above this benchmark. Historically, Heiwa Real Estate Co's own Interest Coverage has ranged from 5.41 to 8.92 over the past decade. While the company's 10-year median is 7.38 vs. the industry median of 4.24, Heiwa Real Estate 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 Real Estate company?
The median Interest Coverage among Real Estate companies is 4.24, based on 1,290 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. Heiwa Real Estate Co's current Interest Coverage of 9.48 is 123.8% 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 Heiwa Real Estate Co and its competitors. For the Real Estate industry, the median Interest Coverage is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heiwa Real Estate Co's current Interest Coverage is 9.48, which is 28% above median its own 10-year median of 7.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heiwa Real Estate Co stock overvalued right now?
Based on GuruFocus' analysis, Heiwa Real Estate Co (TSE:8803) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,867.78, compared to a current price of 円2,387.00 — trading 16.8% below its estimated fair value. The current Interest Coverage is 9.48, which is 28% above median its 10-year median of 7.38 and 123.8% above the Real Estate industry median of 4.24. Heiwa Real Estate Co's overall GF Score™ is 74/100 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 Heiwa Real Estate Co (TSE:8803), the current Interest Coverage is 9.48 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 Heiwa Real Estate Co (TSE:8803) Overvalued in 2026?

Based on GuruFocus' analysis, Heiwa Real Estate Co stock appears to be undervalued. The current stock price of 円2,387.00 is trading 16.8% below its estimated GF Value™ of 円2,867.78. GuruFocus considers Heiwa Real Estate Co to be Modestly Undervalued.

Key valuation signals for TSE:8803:

  • Interest Coverage: 9.48 (28% above median its 10-year median of 7.38)
  • GF Value™: 円2,867.78 vs. price of 円2,387.00 (16.8% below fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 123.8% above the Real Estate median (#568 of 1290)

No single metric tells the full story. See the TSE:8803 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Heiwa Real Estate Co Business Description

Address 1-10, Nihonbashi Kabuto-cho, Chuo-ku, Tokyo, JPN, 103-8222
Heiwa Real Estate Co Ltd is primarily engaged in the leasing and development of real estate properties. The company's operates three reporting segments. The leasing business consists of ownership, leasing, management, and operation of stock exchanges, offices, commercial facilities, housing, conference venues, restaurants, and others. The real estate solutions segment consists of the development, operation and management of income property; the development and sale of houses; and the brokerage of real estate. The other businesses segment manages and renovates buildings and also operates an insurance agency and a private nursing-home business.
74GF Score

Get the complete analysis for TSE:8803

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

円2,387.00
Price
円2,867.78
GF Value