Nishio Holdings Co (TSE:9699) Interest Coverage: 10.43 (As of Mar. 2026) — 25% Below Median


TSE:9699 Nishio Holdings Co Ltd TSE:9699
82 GF Score
Price 円3,920.00
GF Value 円4,948.61
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Nishio Holdings Co Interest Coverage?

Nishio Holdings Co TSE:9699 -0.76% 82 Interest Coverage is 10.43 as of Mar. 2026, which is 25% below its 10-year median of 13.95. GuruFocus rates TSE:9699 with a GF Score™ of 82/100 and a GF Value™ of 円4,948.61 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 813 Business Services companies, Nishio Holdings Co ranks worse than 55.35% 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. Nishio Holdings Co's Operating Income for the three months ended in Mar. 2026 was 円10,568 Mil. Nishio Holdings Co's Interest Expense for the three months ended in Mar. 2026 was 円-1,013 Mil. Nishio Holdings Co's interest coverage for the quarter that ended in Mar. 2026 was 10.43. The higher the ratio, the stronger the company's financial strength is.

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

TSE:9699' s Interest Coverage Range Over the Past 10 Years
Min: 9.82   Med: 13.95   Max: 21.6
Current: 9.82


TSE:9699's Interest Coverage is ranked worse than
55.35% of 813 companies
in the Business Services industry
Industry Median: 12.98 vs TSE:9699: 9.82

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


Nishio Holdings Co  (TSE:9699) 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 .


Nishio Holdings Co Interest Coverage Related Terms


Nishio Holdings Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Nishio 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.

Nishio Holdings Co Interest Coverage Chart

Nishio Holdings Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.86 14.03 11.77 11.71 10.72

Nishio Holdings 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 13.47 6.27 10.76 11.60 10.43

TSE:9699 vs URI, SUNB, AER: Interest Coverage Comparison

For the Rental & Leasing Services subindustry, Nishio 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.


Nishio Holdings Co Interest Coverage vs Business Services Industry

For the Business Services industry and Industrials sector, Nishio Holdings Co's Interest Coverage distribution charts can be found below:

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


TSE:9699
82GF Score
Nishio Holdings Co Ltd TSE:9699
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nishio 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.

Nishio Holdings Co'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, Nishio Holdings Co's Interest Expense was 円-1,830 Mil. Its Operating Income was 円19,610 Mil. And its Long-Term Debt & Capital Lease Obligation was 円65,426 Mil.

Interest Coverage=-1* Operating Income (A: Sep. 2025 )/Interest Expense (A: Sep. 2025 )
=-1*19610/-1830
=10.72

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

Here, for the three months ended in Mar. 2026, Nishio Holdings Co's Interest Expense was 円-1,013 Mil. Its Operating Income was 円10,568 Mil. And its Long-Term Debt & Capital Lease Obligation was 円75,331 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*10568/-1013
=10.43

* 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 10.43 mean?
Nishio Holdings Co (TSE:9699) has a Interest Coverage of 10.43 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nishio Holdings Co and its competitors. This is 25% below median its historical median of 13.95. Over the past decade, Nishio Holdings Co's Interest Coverage has ranged from 9.82 to 21.60. According to the industry distribution chart, Nishio Holdings Co ranks #450 out of 813 companies in the Business Services industry, placing it in the top 55.4%.
Is Nishio Holdings Co's Interest Coverage too high?
Nishio Holdings Co's current Interest Coverage of 10.43 is 25% below median its 10-year median of 13.95. Over the past 10 years, this metric has ranged from a low of 9.82 to a high of 21.60. The Business Services industry median Interest Coverage is 12.98. Nishio Holdings Co's value of 10.43 is 19.6% below this industry median. Based on the distribution chart, Nishio Holdings Co ranks #450 out of 813 companies in the Business Services industry, which is below the industry midpoint. Overall, Nishio Holdings Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nishio Holdings Co's Interest Coverage compare to URI and SUNB?
According to the Business Services industry distribution chart, Nishio Holdings Co ranks #450 out of 813 companies for Interest Coverage. This places Nishio Holdings Co in the lower half of its industry. The industry median Interest Coverage is 12.98. Nishio Holdings Co's value of 10.43 is 19.6% below this benchmark. Historically, Nishio Holdings Co's own Interest Coverage has ranged from 9.82 to 21.60 over the past decade. While the company's 10-year median is 13.95 vs. the industry median of 12.98, Nishio Holdings 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 a Business Services company?
The median Interest Coverage among Business Services companies is 12.98, based on 813 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. Nishio Holdings Co's current Interest Coverage of 10.43 is 19.6% 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 Nishio Holdings Co and its competitors. For the Business Services industry, the median Interest Coverage is 12.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nishio Holdings Co's current Interest Coverage is 10.43, which is 25% below median its own 10-year median of 13.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nishio Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nishio Holdings Co (TSE:9699) is currently considered Modestly Undervalued. The stock's GF Value™ is 円4,948.61, compared to a current price of 円3,920.00 — trading 20.8% below its estimated fair value. The current Interest Coverage is 10.43, which is 25% below median its 10-year median of 13.95 and 19.6% below the Business Services industry median of 12.98. Nishio Holdings Co's overall GF Score™ is 82/100 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 Nishio Holdings Co (TSE:9699), the current Interest Coverage is 10.43 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 Nishio Holdings Co (TSE:9699) Overvalued in 2026?

Based on GuruFocus' analysis, Nishio Holdings Co stock appears to be undervalued. The current stock price of 円3,920.00 is trading 20.8% below its estimated GF Value™ of 円4,948.61. GuruFocus considers Nishio Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:9699:

  • Interest Coverage: 10.43 (25% below median its 10-year median of 13.95)
  • GF Value™: 円4,948.61 vs. price of 円3,920.00 (20.8% below fair value)
  • GF Score™: 82/100 with 1 warning sign
  • Industry Position: 19.6% below the Business Services median (#450 of 813)

No single metric tells the full story. See the TSE:9699 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nishio Holdings Co Business Description

Address No. 1-11-17, Higashi Shinsaibashi, Chou-ku, Osaka, JPN, 542-0083
Nishio Holdings Co Ltd is a provider of rental construction and industrial machinery. The company offers rental solutions for construction and industrial machinery, mounting and tunnelling machines for mining operations, and water purification and recycling equipment. The company, through its subsidiaries, also designs, manufactures, and repairs tunnelling machines and other special vehicles, such as special transfer locomotives and battery-driven vehicles at construction sites. The company operates in Asia.
82GF Score

Get the complete analysis for TSE:9699

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

円3,920.00
Price
円4,948.61
GF Value