TOC Co (TSE:8841) Interest Coverage: 210.67 (As of Mar. 2026) — 22% Above Median


TSE:8841 TOC Co Ltd TSE:8841
80 GF Score
Price 円951.00
GF Value 円832.01
Valuation Modestly Overvalued
! 4 Warning Signs
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What is TOC Co Interest Coverage?

TOC Co TSE:8841 -0.73% 80 Interest Coverage is 210.67 as of Mar. 2026, which is 22% above its 10-year median of 172.05. GuruFocus rates TSE:8841 with a GF Score™ of 80/100 and a GF Value™ of 円832.01 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,299 Real Estate companies, TOC Co ranks better than 88.38% 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. TOC Co's Operating Income for the three months ended in Mar. 2026 was 円632 Mil. TOC Co's Interest Expense for the three months ended in Mar. 2026 was 円-3 Mil. TOC Co's interest coverage for the quarter that ended in Mar. 2026 was 210.67. 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. TOC Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:8841' s Interest Coverage Range Over the Past 10 Years
Min: 16   Med: 172.05   Max: 302.37
Current: 175.86


TSE:8841's Interest Coverage is ranked better than
88.38% of 1299 companies
in the Real Estate industry
Industry Median: 4.24 vs TSE:8841: 175.86

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


TOC Co  (TSE:8841) 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 .


TOC Co Interest Coverage Related Terms


TOC Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for TOC 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.

TOC Co Interest Coverage Chart

TOC 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 302.37 284.47 175.77 109.08 175.86

TOC 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 32.00 140.00 157.00 195.50 210.67

TSE:8841 vs CBRE, BEKE, JLL: Interest Coverage Comparison

For the Real Estate Services subindustry, TOC 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.


TOC Co Interest Coverage vs Real Estate Industry

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

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


TSE:8841
80GF Score
TOC Co Ltd TSE:8841
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TOC 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.

TOC 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, TOC Co's Interest Expense was 円-14 Mil. Its Operating Income was 円2,462 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*2462/-14
=175.86

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

Here, for the three months ended in Mar. 2026, TOC Co's Interest Expense was 円-3 Mil. Its Operating Income was 円632 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*632/-3
=210.67

* 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 210.67 mean?
TOC Co (TSE:8841) has a Interest Coverage of 210.67 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on TOC Co and its competitors. This is 22% above median its historical median of 172.05. Over the past decade, TOC Co's Interest Coverage has ranged from 16.00 to 302.37. According to the industry distribution chart, TOC Co ranks #151 out of 1299 companies in the Real Estate industry, placing it in the top 11.6%.
Is TOC Co's Interest Coverage too high?
TOC Co's current Interest Coverage of 210.67 is 22% above median its 10-year median of 172.05. Over the past 10 years, this metric has ranged from a low of 16.00 to a high of 302.37. The Real Estate industry median Interest Coverage is 4.24. TOC Co's value of 210.67 is 4868.6% above this industry median. Based on the distribution chart, TOC Co ranks #151 out of 1299 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, TOC Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOC Co's Interest Coverage compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, TOC Co ranks #151 out of 1299 companies for Interest Coverage. This places TOC Co in the top 12% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.24. TOC Co's value of 210.67 is 4868.6% above this benchmark. Historically, TOC Co's own Interest Coverage has ranged from 16.00 to 302.37 over the past decade. While the company's 10-year median is 172.05 vs. the industry median of 4.24, TOC 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 1,299 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. TOC Co's current Interest Coverage of 210.67 is 4868.6% 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 TOC 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. TOC Co's current Interest Coverage is 210.67, which is 22% above median its own 10-year median of 172.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOC Co stock overvalued right now?
Based on GuruFocus' analysis, TOC Co (TSE:8841) is currently considered Modestly Overvalued. The stock's GF Value™ is 円832.01, compared to a current price of 円951.00 — trading 14.3% above its estimated fair value. The current Interest Coverage is 210.67, which is 22% above median its 10-year median of 172.05 and 4868.6% above the Real Estate industry median of 4.24. TOC Co's overall GF Score™ is 80/100 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 TOC Co (TSE:8841), the current Interest Coverage is 210.67 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 TOC Co (TSE:8841) Overvalued in 2026?

Based on GuruFocus' analysis, TOC Co stock appears to be overvalued. The current stock price of 円951.00 is trading 14.3% above its estimated GF Value™ of 円832.01. GuruFocus considers TOC Co to be Modestly Overvalued.

Key valuation signals for TSE:8841:

  • Interest Coverage: 210.67 (22% above median its 10-year median of 172.05)
  • GF Value™: 円832.01 vs. price of 円951.00 (14.3% above fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 4868.6% above the Real Estate median (#151 of 1299)

No single metric tells the full story. See the TSE:8841 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TOC Co Business Description

Other Exchanges T3O:Germany
Address 7-22-17 Nishi-Gotanda, Shinagawa-ku, Tokyo, JPN, 141-0031
TOC Co Ltd is a Japan-based company with three business segments: real estate, linen supply and laundry, and other. The real estate segment is engaged in planning, execution, and management of urban development projects. The linen supply and laundry segment is engaged in supplying various linens used in hotels and restaurants, and offering dry cleaning services. The other segment contains a pharmaceuticals business, operates a sports club and a bathing facility, includes retail and restaurant businesses, and engages in building maintenance services. The company generates most of its revenue from the real estate segment.
80GF Score

Get the complete analysis for TSE:8841

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

円951.00
Price
円832.01
GF Value