Horai CoTSE:9679 +2.18%74 Interest Coverage is 6.92 as of Mar. 2026, which is 63% below its 10-year median of 18.69. GuruFocus rates TSE:9679 with a GF Score™ of 74/100 and a GF Value™ of 円1,958.99 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 351 Insurance companies, Horai Co ranks better than 57.55% 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. Horai Co's
Operating Income
for the
three
months ended in Mar. 2026 was 円58 Mil. Horai Co's Interest Expense for the
three
months ended in Mar. 2026 was 円-8 Mil.
Horai Co's interest coverage for the quarter that ended in Mar. 2026 was 6.92.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Horai Co's Interest Coverage or its related term are showing as below:
TSE:9679'
s Interest Coverage Range Over the Past 10 Years
Min: 6.56 Med: 18.69 Max: 894.22
Current: 21.85
TSE:9679's Interest Coverage is ranked better than 57.55% of 351
companies
in the Insurance industry
Industry Median: 16.23
vs TSE:9679: 21.85
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 .
Horai Co Interest Coverage Related Terms
Horai Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Horai 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.
TSE:9679 vs BRK.A, AIG, HIG: Interest Coverage Comparison
For the Insurance - Diversified subindustry, Horai 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.
Horai Co Interest Coverage vs Insurance Industry
For the Insurance industry and Financial Services sector, Horai Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Horai Co's Interest Coverage falls into.
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:
* 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.
Horai Co (TSE:9679) has a Interest Coverage of 6.92 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Horai Co and its competitors. This is 63% below median its historical median of 18.69. Over the past decade, Horai Co's Interest Coverage has ranged from 6.56 to 894.22. According to the industry distribution chart, Horai Co ranks #149 out of 351 companies in the Insurance industry, placing it in the top 42.5%.
Is Horai Co's Interest Coverage too high?
Horai Co's current Interest Coverage of 6.92 is 63% below median its 10-year median of 18.69. Over the past 10 years, this metric has ranged from a low of 6.56 to a high of 894.22. The Insurance industry median Interest Coverage is 16.23. Horai Co's value of 6.92 is 57.4% below this industry median. Based on the distribution chart, Horai Co ranks #149 out of 351 companies in the Insurance industry, which is above the industry midpoint. Overall, Horai Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Horai Co's Interest Coverage compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Horai Co ranks #149 out of 351 companies for Interest Coverage. This puts Horai Co in the upper half of its industry. The industry median Interest Coverage is 16.23. Horai Co's value of 6.92 is 57.4% below this benchmark. Historically, Horai Co's own Interest Coverage has ranged from 6.56 to 894.22 over the past decade. While the company's 10-year median is 18.69 vs. the industry median of 16.23, Horai Co has consistently been below 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 an Insurance company?
The median Interest Coverage among Insurance companies is 16.23, based on 351 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. Horai Co's current Interest Coverage of 6.92 is 57.4% below 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 Horai Co and its competitors. For the Insurance industry, the median Interest Coverage is 16.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Horai Co's current Interest Coverage is 6.92, which is 63% below median its own 10-year median of 18.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horai Co stock overvalued right now?
Based on GuruFocus' analysis, Horai Co (TSE:9679) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,958.99, compared to a current price of 円2,345.00 — trading 19.7% above its estimated fair value. The current Interest Coverage is 6.92, which is 63% below median its 10-year median of 18.69 and 57.4% below the Insurance industry median of 16.23. Horai Co's overall GF Score™ is 74/100 with 5 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 Horai Co (TSE:9679), the current Interest Coverage is 6.92 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 Horai Co (TSE:9679) Overvalued in 2026?
Based on GuruFocus' analysis, Horai Co stock appears to be overvalued.
The current stock price of 円2,345.00 is trading 19.7% above its estimated GF Value™ of 円1,958.99.
GuruFocus considers Horai Co to be Modestly Overvalued.
Key valuation signals for TSE:9679:
Interest Coverage: 6.92 (63% below median its 10-year median of 18.69)
GF Value™: 円1,958.99 vs. price of 円2,345.00 (19.7% above fair value)
Industry Position: 57.4% below the Insurance median (#149 of 351)
No single metric tells the full story. See the TSE:9679 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Horai Co Ltd is engaged in the insurance agency business, rental property operation and management, real estate buying and selling and brokerage, feed production, dairy cow breeding, production and sales of milk and dairy products, operation of restaurants and tourist facilities, and operation of golf courses. The company is mainly engaged in Insurance business.
74GF Score
Get the complete analysis for TSE:9679
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:9679 has been successfully added to your 
