Ohba Co (TSE:9765) Interest Coverage: 36.98 (As of Feb. 2026) — 74% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:9765 Ohba Co Ltd TSE:9765
75 GF Score
Price 円1,121.00
GF Value 円1,141.57
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Ohba Co Interest Coverage?

Ohba Co TSE:9765 -1.23% 75 Interest Coverage is 36.98 as of Feb. 2026, which is 74% below its 10-year median of 143.91. GuruFocus rates TSE:9765 with a GF Score™ of 75/100 and a GF Value™ of 円1,141.57 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,358 Construction companies, Ohba Co ranks better than 87.33% 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. Ohba Co's Operating Income for the three months ended in Feb. 2026 was 円491 Mil. Ohba Co's Interest Expense for the three months ended in Feb. 2026 was 円-13 Mil. Ohba Co's interest coverage for the quarter that ended in Feb. 2026 was 36.98. The higher the ratio, the stronger the company's financial strength is.

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

TSE:9765' s Interest Coverage Range Over the Past 10 Years
Min: 49.44   Med: 143.91   Max: 450.6
Current: 119.89


TSE:9765's Interest Coverage is ranked better than
87.33% of 1358 companies
in the Construction industry
Industry Median: 7.94 vs TSE:9765: 119.89

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


Ohba Co  (TSE:9765) 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 .


Ohba Co Interest Coverage Related Terms


Ohba Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ohba 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.

Ohba Co Interest Coverage Chart

Ohba Co Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 309.51 321.57 450.60 119.89 119.89

Ohba Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 92.44 99.38 115.04 36.98 0.00

TSE:9765 vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, Ohba 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.


Ohba Co Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Ohba Co's Interest Coverage distribution charts can be found below:

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


TSE:9765
75GF Score
Ohba Co Ltd TSE:9765
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ohba 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.

Ohba Co's Interest Coverage for the fiscal year that ended in May. 2026 is calculated as

Here, for the fiscal year that ended in May. 2026, Ohba Co's Interest Expense was 円-16 Mil. Its Operating Income was 円1,937 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Interest Coverage=-1* Operating Income (A: May. 2026 )/Interest Expense (A: May. 2026 )
=-1*1936.747/-16.155
=119.89

Ohba Co's Interest Coverage for the quarter that ended in Feb. 2026 is calculated as

Here, for the three months ended in Feb. 2026, Ohba Co's Interest Expense was 円-13 Mil. Its Operating Income was 円491 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Interest Coverage=-1* Operating Income (Q: Feb. 2026 )/Interest Expense (Q: Feb. 2026 )
=-1*490.918/-13.277
=36.98

* 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 36.98 mean?
Ohba Co (TSE:9765) has a Interest Coverage of 36.98 as of Feb. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ohba Co and its competitors. This is 74% below median its historical median of 143.91. Over the past decade, Ohba Co's Interest Coverage has ranged from 49.44 to 450.60. According to the industry distribution chart, Ohba Co ranks #172 out of 1358 companies in the Construction industry, placing it in the top 12.7%.
Is Ohba Co's Interest Coverage too high?
Ohba Co's current Interest Coverage of 36.98 is 74% below median its 10-year median of 143.91. Over the past 10 years, this metric has ranged from a low of 49.44 to a high of 450.60. The Construction industry median Interest Coverage is 7.94. Ohba Co's value of 36.98 is 365.7% above this industry median. Based on the distribution chart, Ohba Co ranks #172 out of 1358 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Ohba Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ohba Co's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Ohba Co ranks #172 out of 1358 companies for Interest Coverage. This places Ohba Co in the top 13% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 7.94. Ohba Co's value of 36.98 is 365.7% above this benchmark. Historically, Ohba Co's own Interest Coverage has ranged from 49.44 to 450.60 over the past decade. While the company's 10-year median is 143.91 vs. the industry median of 7.94, Ohba 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 Construction company?
The median Interest Coverage among Construction companies is 7.94, based on 1,358 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. Ohba Co's current Interest Coverage of 36.98 is 365.7% 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 Ohba Co and its competitors. For the Construction industry, the median Interest Coverage is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ohba Co's current Interest Coverage is 36.98, which is 74% below median its own 10-year median of 143.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ohba Co stock overvalued right now?
Based on GuruFocus' analysis, Ohba Co (TSE:9765) is currently considered Fairly Valued. The stock's GF Value™ is 円1,141.57, compared to a current price of 円1,121.00 — trading 1.8% below its estimated fair value. The current Interest Coverage is 36.98, which is 74% below median its 10-year median of 143.91 and 365.7% above the Construction industry median of 7.94. Ohba Co's overall GF Score™ is 75/100 with 3 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 Ohba Co (TSE:9765), the current Interest Coverage is 36.98 as of Feb. 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 Ohba Co (TSE:9765) Overvalued in 2026?

Based on GuruFocus' analysis, Ohba Co stock appears to be undervalued. The current stock price of 円1,121.00 is trading 1.8% below its estimated GF Value™ of 円1,141.57. GuruFocus considers Ohba Co to be Fairly Valued.

Key valuation signals for TSE:9765:

  • Interest Coverage: 36.98 (74% below median its 10-year median of 143.91)
  • GF Value™: 円1,141.57 vs. price of 円1,121.00 (1.8% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 365.7% above the Construction median (#172 of 1358)

No single metric tells the full story. See the TSE:9765 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ohba Co Business Description

Address Kowa Hitotsubashi Building, 3-7-1 Kanda Nishikicho, Chiyoda-ku, Tokyo, JPN, 153-0042
Ohba Co Ltd is a civil engineering consultant company. Its services include land and air surveying, designing of parks and roads and development/redevelopment of the urban land.
75GF Score

Get the complete analysis for TSE:9765

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

円1,121.00
Price
円1,141.57
GF Value