FCE (TSE:9564) Interest Coverage: 610.46 (As of Mar. 2026) — 146% Above Median


TSE:9564 FCE Inc TSE:9564
84 GF Score
Price 円480.00
GF Value 円585.72
Valuation Modestly Undervalued
! 1 Warning Sign
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What is FCE Interest Coverage?

FCE TSE:9564 84 Interest Coverage is 610.46 as of Mar. 2026, which is 146% above its 10-year median of 247.77. GuruFocus rates TSE:9564 with a GF Score™ of 84/100 and a GF Value™ of 円585.72 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 426 Conglomerates companies, FCE ranks better than 94.37% 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. FCE's Operating Income for the three months ended in Mar. 2026 was 円441 Mil. FCE's Interest Expense for the three months ended in Mar. 2026 was 円-1 Mil. FCE's interest coverage for the quarter that ended in Mar. 2026 was 610.46. 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. FCE Inc has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:9564' s Interest Coverage Range Over the Past 10 Years
Min: 105.39   Med: 247.77   Max: 715.74
Current: 314.47


TSE:9564's Interest Coverage is ranked better than
94.37% of 426 companies
in the Conglomerates industry
Industry Median: 5.31 vs TSE:9564: 314.47

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


FCE  (TSE:9564) 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 .


FCE Interest Coverage Related Terms


FCE Interest Coverage Historical Data

* Premium members only.

The historical data trend for FCE'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.

FCE Interest Coverage Chart

FCE Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Interest Coverage
Get a 7-Day Free Trial 223.69 555.84 715.74 229.84 265.70

FCE Quarterly Data
Sep20 Sep21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 N/A 333.36 0.00 392.27 610.46

TSE:9564 vs HON, MMM: Interest Coverage Comparison

For the Conglomerates subindustry, FCE'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.


FCE Interest Coverage vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, FCE's Interest Coverage distribution charts can be found below:

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


TSE:9564
84GF Score
FCE Inc TSE:9564
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FCE 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.

FCE's Interest Coverage for the fiscal year that ended in Sep. 2025 is calculated as

Here, for the fiscal year that ended in Sep. 2025, FCE's Interest Expense was 円-3 Mil. Its Operating Income was 円912 Mil. And its Long-Term Debt & Capital Lease Obligation was 円218 Mil.

Interest Coverage=-1* Operating Income (A: Sep. 2025 )/Interest Expense (A: Sep. 2025 )
=-1*912.411/-3.434
=265.70

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

Here, for the three months ended in Mar. 2026, FCE's Interest Expense was 円-1 Mil. Its Operating Income was 円441 Mil. And its Long-Term Debt & Capital Lease Obligation was 円194 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*440.75/-0.722
=610.46

* 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 610.46 mean?
FCE (TSE:9564) has a Interest Coverage of 610.46 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on FCE and its competitors. This is 146% above median its historical median of 247.77. Over the past decade, FCE's Interest Coverage has ranged from 105.39 to 715.74. According to the industry distribution chart, FCE ranks #24 out of 426 companies in the Conglomerates industry, placing it in the top 5.6%.
Is FCE's Interest Coverage too high?
FCE's current Interest Coverage of 610.46 is 146% above median its 10-year median of 247.77. Over the past 10 years, this metric has ranged from a low of 105.39 to a high of 715.74. The Conglomerates industry median Interest Coverage is 5.31. FCE's value of 610.46 is 11396.4% above this industry median. Based on the distribution chart, FCE ranks #24 out of 426 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, FCE has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FCE's Interest Coverage compare to HON and MMM?
According to the Conglomerates industry distribution chart, FCE ranks #24 out of 426 companies for Interest Coverage. This places FCE in the top 6% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.31. FCE's value of 610.46 is 11396.4% above this benchmark. Historically, FCE's own Interest Coverage has ranged from 105.39 to 715.74 over the past decade. While the company's 10-year median is 247.77 vs. the industry median of 5.31, FCE 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 Conglomerates company?
The median Interest Coverage among Conglomerates companies is 5.31, based on 426 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. FCE's current Interest Coverage of 610.46 is 11396.4% 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 FCE and its competitors. For the Conglomerates industry, the median Interest Coverage is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FCE's current Interest Coverage is 610.46, which is 146% above median its own 10-year median of 247.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FCE stock overvalued right now?
Based on GuruFocus' analysis, FCE (TSE:9564) is currently considered Modestly Undervalued. The stock's GF Value™ is 円585.72, compared to a current price of 円480.00 — trading 18% below its estimated fair value. The current Interest Coverage is 610.46, which is 146% above median its 10-year median of 247.77 and 11396.4% above the Conglomerates industry median of 5.31. FCE's overall GF Score™ is 84/100 with 1 warning sign 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 FCE (TSE:9564), the current Interest Coverage is 610.46 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 FCE (TSE:9564) Overvalued in 2026?

Based on GuruFocus' analysis, FCE stock appears to be undervalued. The current stock price of 円480.00 is trading 18% below its estimated GF Value™ of 円585.72. GuruFocus considers FCE to be Modestly Undervalued.

Key valuation signals for TSE:9564:

  • Interest Coverage: 610.46 (146% above median its 10-year median of 247.77)
  • GF Value™: 円585.72 vs. price of 円480.00 (18% below fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 11396.4% above the Conglomerates median (#24 of 426)

No single metric tells the full story. See the TSE:9564 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FCE Business Description

Address 2-4-1 Nishi-Shinjuku, 10F Shinjuku NS Building, Shinjuku-ku, Tokyo, JPN, 163-0810
FCE Inc is engaged in the managing a group of companies that offer services in industries such as education, training, digital transformation, and related operations. It has business segments such as DX Promotion Business, Education and Training Business, and Publishing Business.
84GF Score

Get the complete analysis for TSE:9564

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

円480.00
Price
円585.72
GF Value