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Toyo Tec CoTSE:9686 88 Interest Coverage is 22.35 as of Mar. 2026, which is 16% below its 10-year median of 26.46. GuruFocus rates TSE:9686 with a GF Score™ of 88/100 and a GF Value™ of 円1,721.53 (Fairly Valued). The stock has 2 warning signs investors should review. Among 814 Business Services companies, Toyo Tec Co ranks better than 66.95% 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. Toyo Tec Co's
Operating Income
for the
six
months ended in Mar. 2026 was 円859 Mil. Toyo Tec Co's Interest Expense for the
six
months ended in Mar. 2026 was 円-38 Mil.
Toyo Tec Co's interest coverage for the quarter that ended in Mar. 2026 was 22.35.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Toyo Tec Co's Interest Coverage or its related term are showing as below:
TSE:9686'
s Interest Coverage Range Over the Past 10 Years
Min: 16.31 Med: 26.46 Max: 66.58
Current: 38.12
TSE:9686's Interest Coverage is ranked better than 66.95% of 814
companies
in the Business Services industry
Industry Median: 13.085
vs TSE:9686: 38.12
Toyo Tec Co (TSE:9686) 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 .
Toyo Tec Co Interest Coverage Related Terms
Toyo Tec Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Toyo Tec 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:9686 vs ALLE, MSA, ADT: Interest Coverage Comparison
For the Security & Protection Services subindustry, Toyo Tec 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.
Toyo Tec Co Interest Coverage vs Business Services Industry
For the Business Services industry and Industrials sector, Toyo Tec Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Toyo Tec 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.
Toyo Tec Co (TSE:9686) has a Interest Coverage of 22.35 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Toyo Tec Co and its competitors. This is 16% below median its historical median of 26.46. Over the past decade, Toyo Tec Co's Interest Coverage has ranged from 16.31 to 66.58. According to the industry distribution chart, Toyo Tec Co ranks #269 out of 814 companies in the Business Services industry, placing it in the top 33%.
Is Toyo Tec Co's Interest Coverage too high?
Toyo Tec Co's current Interest Coverage of 22.35 is 16% below median its 10-year median of 26.46. Over the past 10 years, this metric has ranged from a low of 16.31 to a high of 66.58. The Business Services industry median Interest Coverage is 13.09. Toyo Tec Co's value of 22.35 is 70.8% above this industry median. Based on the distribution chart, Toyo Tec Co ranks #269 out of 814 companies in the Business Services industry, which is above the industry midpoint. Overall, Toyo Tec Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Toyo Tec Co's Interest Coverage compare to ALLE and MSA?
According to the Business Services industry distribution chart, Toyo Tec Co ranks #269 out of 814 companies for Interest Coverage. This puts Toyo Tec Co in the upper half of its industry. The industry median Interest Coverage is 13.09. Toyo Tec Co's value of 22.35 is 70.8% above this benchmark. Historically, Toyo Tec Co's own Interest Coverage has ranged from 16.31 to 66.58 over the past decade. While the company's 10-year median is 26.46 vs. the industry median of 13.09, Toyo Tec 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 Business Services company?
The median Interest Coverage among Business Services companies is 13.09, based on 814 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. Toyo Tec Co's current Interest Coverage of 22.35 is 70.8% 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 Toyo Tec Co and its competitors. For the Business Services industry, the median Interest Coverage is 13.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Tec Co's current Interest Coverage is 22.35, which is 16% below median its own 10-year median of 26.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Tec Co stock overvalued right now?
Based on GuruFocus' analysis, Toyo Tec Co (TSE:9686) is currently considered Fairly Valued. The stock's GF Value™ is 円1,721.53, compared to a current price of 円1,640.00 — trading 4.7% below its estimated fair value. The current Interest Coverage is 22.35, which is 16% below median its 10-year median of 26.46 and 70.8% above the Business Services industry median of 13.09. Toyo Tec Co's overall GF Score™ is 88/100 with 2 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 Toyo Tec Co (TSE:9686), the current Interest Coverage is 22.35 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 Toyo Tec Co (TSE:9686) Overvalued in 2026?
Based on GuruFocus' analysis, Toyo Tec Co stock appears to be undervalued.
The current stock price of 円1,640.00 is trading 4.7% below its estimated GF Value™ of 円1,721.53.
GuruFocus considers Toyo Tec Co to be Fairly Valued.
Key valuation signals for TSE:9686:
Interest Coverage: 22.35 (16% below median its 10-year median of 26.46)
GF Value™: 円1,721.53 vs. price of 円1,640.00 (4.7% below fair value)
Industry Position: 70.8% above the Business Services median (#269 of 814)
No single metric tells the full story. See the TSE:9686 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toyo Tec Co Ltd is engaged in security and protection services. The product line includes, Online security TEC alert system, Image monitoring service, TEC-G premier, Surveillance camera system, Entering and leaving management system, Facility security services, Transport security service, ATM management work, Crowd guard, and Face authentication system.
88GF Score
Get the complete analysis for TSE:9686
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