FJ Next Holdings Co (TSE:8935) Interest Coverage: 126.52 (As of Mar. 2026) — 18% Below Median


TSE:8935 FJ Next Holdings Co Ltd TSE:8935
93 GF Score
Price 円1,780.00
GF Value 円1,811.27
Valuation Fairly Valued
! 4 Warning Signs
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What is FJ Next Holdings Co Interest Coverage?

FJ Next Holdings Co TSE:8935 -0.89% 93 Interest Coverage is 126.52 as of Mar. 2026, which is 18% below its 10-year median of 154.15. GuruFocus rates TSE:8935 with a GF Score™ of 93/100 and a GF Value™ of 円1,811.27 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,299 Real Estate companies, FJ Next Holdings Co ranks better than 86.45% 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. FJ Next Holdings Co's Operating Income for the six months ended in Mar. 2026 was 円8,983 Mil. FJ Next Holdings Co's Interest Expense for the six months ended in Mar. 2026 was 円-71 Mil. FJ Next Holdings Co's interest coverage for the quarter that ended in Mar. 2026 was 126.52. The higher the ratio, the stronger the company's financial strength is.

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

TSE:8935' s Interest Coverage Range Over the Past 10 Years
Min: 75.04   Med: 154.15   Max: 224.31
Current: 98.66


TSE:8935's Interest Coverage is ranked better than
86.45% of 1299 companies
in the Real Estate industry
Industry Median: 4.25 vs TSE:8935: 98.66

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


FJ Next Holdings Co  (TSE:8935) 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 .


FJ Next Holdings Co Interest Coverage Related Terms


FJ Next Holdings Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for FJ Next 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.

FJ Next Holdings Co Interest Coverage Chart

FJ Next 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 110.94 187.57 209.67 121.68 98.66

FJ Next Holdings Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 217.71 152.48 105.37 72.29 126.52

FJ Next Holdings Co Interest Coverage Competitor Comparison

For the Real Estate - Diversified subindustry, FJ Next 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.


FJ Next Holdings Co Interest Coverage vs Real Estate Industry

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

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


TSE:8935
93GF Score
FJ Next Holdings Co Ltd TSE:8935
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FJ Next 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.

FJ Next 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, FJ Next Holdings Co's Interest Expense was 円-146 Mil. Its Operating Income was 円14,405 Mil. And its Long-Term Debt & Capital Lease Obligation was 円11,400 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*14405/-146
=98.66

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

Here, for the six months ended in Mar. 2026, FJ Next Holdings Co's Interest Expense was 円-71 Mil. Its Operating Income was 円8,983 Mil. And its Long-Term Debt & Capital Lease Obligation was 円11,400 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*8983/-71
=126.52

* 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 126.52 mean?
FJ Next Holdings Co (TSE:8935) has a Interest Coverage of 126.52 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on FJ Next Holdings Co and its competitors. This is 18% below median its historical median of 154.15. Over the past decade, FJ Next Holdings Co's Interest Coverage has ranged from 75.04 to 224.31. According to the industry distribution chart, FJ Next Holdings Co ranks #176 out of 1299 companies in the Real Estate industry, placing it in the top 13.5%.
Is FJ Next Holdings Co's Interest Coverage too high?
FJ Next Holdings Co's current Interest Coverage of 126.52 is 18% below median its 10-year median of 154.15. Over the past 10 years, this metric has ranged from a low of 75.04 to a high of 224.31. The Real Estate industry median Interest Coverage is 4.25. FJ Next Holdings Co's value of 126.52 is 2876.9% above this industry median. Based on the distribution chart, FJ Next Holdings Co ranks #176 out of 1299 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, FJ Next Holdings Co has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does FJ Next Holdings Co's Interest Coverage compare to competitors?
According to the Real Estate industry distribution chart, FJ Next Holdings Co ranks #176 out of 1299 companies for Interest Coverage. This places FJ Next Holdings Co in the top 14% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.25. FJ Next Holdings Co's value of 126.52 is 2876.9% above this benchmark. Historically, FJ Next Holdings Co's own Interest Coverage has ranged from 75.04 to 224.31 over the past decade. While the company's 10-year median is 154.15 vs. the industry median of 4.25, FJ Next 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 Real Estate company?
The median Interest Coverage among Real Estate companies is 4.25, 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. FJ Next Holdings Co's current Interest Coverage of 126.52 is 2876.9% 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 FJ Next Holdings Co and its competitors. For the Real Estate industry, the median Interest Coverage is 4.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FJ Next Holdings Co's current Interest Coverage is 126.52, which is 18% below median its own 10-year median of 154.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FJ Next Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, FJ Next Holdings Co (TSE:8935) is currently considered Fairly Valued. The stock's GF Value™ is 円1,811.27, compared to a current price of 円1,780.00 — trading 1.7% below its estimated fair value. The current Interest Coverage is 126.52, which is 18% below median its 10-year median of 154.15 and 2876.9% above the Real Estate industry median of 4.25. FJ Next Holdings Co's overall GF Score™ is 93/100 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 FJ Next Holdings Co (TSE:8935), the current Interest Coverage is 126.52 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 FJ Next Holdings Co (TSE:8935) Overvalued in 2026?

Based on GuruFocus' analysis, FJ Next Holdings Co stock appears to be undervalued. The current stock price of 円1,780.00 is trading 1.7% below its estimated GF Value™ of 円1,811.27. GuruFocus considers FJ Next Holdings Co to be Fairly Valued.

Key valuation signals for TSE:8935:

  • Interest Coverage: 126.52 (18% below median its 10-year median of 154.15)
  • GF Value™: 円1,811.27 vs. price of 円1,780.00 (1.7% below fair value)
  • GF Score™: 93/100 with 4 warning signs
  • Industry Position: 2876.9% above the Real Estate median (#176 of 1299)

No single metric tells the full story. See the TSE:8935 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FJ Next Holdings Co Business Description

Address 5-1 Nishi-Shinjuku 6-chome, 10th Floor, Shinjuku Island Tower, Shinjuku-ku, Tokyo, JPN, 163-1310
FJ Next Holdings Co Ltd operates in the real estate sector in Japan. Along with its subsidiaries, the company operates in the following reportable segments: Real Estate Development, Real Estate Management, Construction, Hotel, and others. The majority of its revenue is generated from the Real Estate Development business, which is engaged in the development, sales, and marketing of studio apartments, resort properties, and family apartments (Gala Mansion Series and Gala Residencies) mainly in the Tokyo metropolitan area. In addition, this segment also offers rental recruitment and real estate brokerage services.
93GF Score

Get the complete analysis for TSE:8935

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

円1,780.00
Price
円1,811.27
GF Value