Nikken Kogaku Co (TSE:9767) Interest Coverage: 234.47 (As of Mar. 2026) — 319% Above Median


TSE:9767 Nikken Kogaku Co Ltd TSE:9767
70 GF Score
Price 円1,451.00
GF Value 円1,573.15
Valuation Fairly Valued
! 2 Warning Signs
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What is Nikken Kogaku Co Interest Coverage?

Nikken Kogaku Co TSE:9767 -2.68% 70 Interest Coverage is 234.47 as of Mar. 2026, which is 319% above its 10-year median of 55.95. GuruFocus rates TSE:9767 with a GF Score™ of 70/100 and a GF Value™ of 円1,573.15 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,351 Construction companies, Nikken Kogaku Co ranks better than 88.3% 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. Nikken Kogaku Co's Operating Income for the six months ended in Mar. 2026 was 円304 Mil. Nikken Kogaku Co's Interest Expense for the six months ended in Mar. 2026 was 円-1 Mil. Nikken Kogaku Co's interest coverage for the quarter that ended in Mar. 2026 was 234.47. 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. Nikken Kogaku Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:9767' s Interest Coverage Range Over the Past 10 Years
Min: 5.29   Med: 55.95   Max: 129.3
Current: 129.3


TSE:9767's Interest Coverage is ranked better than
88.3% of 1351 companies
in the Construction industry
Industry Median: 7.81 vs TSE:9767: 129.30

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


Nikken Kogaku Co  (TSE:9767) 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 .


Nikken Kogaku Co Interest Coverage Related Terms


Nikken Kogaku Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Nikken Kogaku 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.

Nikken Kogaku Co Interest Coverage Chart

Nikken Kogaku Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.72 50.96 55.95 95.85 129.30

Nikken Kogaku Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 103.57 38.05 158.95 34.50 234.47

TSE:9767 vs TT, JCI, CARR: Interest Coverage Comparison

For the Building Products & Equipment subindustry, Nikken Kogaku 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.


Nikken Kogaku Co Interest Coverage vs Construction Industry

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

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


TSE:9767
70GF Score
Nikken Kogaku Co Ltd TSE:9767
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nikken Kogaku 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.

Nikken Kogaku Co's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Nikken Kogaku Co's Interest Expense was 円-3 Mil. Its Operating Income was 円354 Mil. And its Long-Term Debt & Capital Lease Obligation was 円75 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*353.765/-2.736
=129.30

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

Here, for the six months ended in Mar. 2026, Nikken Kogaku Co's Interest Expense was 円-1 Mil. Its Operating Income was 円304 Mil. And its Long-Term Debt & Capital Lease Obligation was 円75 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*304.113/-1.297
=234.47

* 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 234.47 mean?
Nikken Kogaku Co (TSE:9767) has a Interest Coverage of 234.47 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nikken Kogaku Co and its competitors. This is 319% above median its historical median of 55.95. Over the past decade, Nikken Kogaku Co's Interest Coverage has ranged from 5.29 to 129.30. According to the industry distribution chart, Nikken Kogaku Co ranks #158 out of 1351 companies in the Construction industry, placing it in the top 11.7%.
Is Nikken Kogaku Co's Interest Coverage too high?
Nikken Kogaku Co's current Interest Coverage of 234.47 is 319% above median its 10-year median of 55.95. Over the past 10 years, this metric has ranged from a low of 5.29 to a high of 129.30. The Construction industry median Interest Coverage is 7.81. Nikken Kogaku Co's value of 234.47 is 2902.2% above this industry median. Based on the distribution chart, Nikken Kogaku Co ranks #158 out of 1351 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Nikken Kogaku Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nikken Kogaku Co's Interest Coverage compare to TT and JCI?
According to the Construction industry distribution chart, Nikken Kogaku Co ranks #158 out of 1351 companies for Interest Coverage. This places Nikken Kogaku Co in the top 12% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 7.81. Nikken Kogaku Co's value of 234.47 is 2902.2% above this benchmark. Historically, Nikken Kogaku Co's own Interest Coverage has ranged from 5.29 to 129.30 over the past decade. While the company's 10-year median is 55.95 vs. the industry median of 7.81, Nikken Kogaku 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 7.81, based on 1,351 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. Nikken Kogaku Co's current Interest Coverage of 234.47 is 2902.2% 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 Nikken Kogaku Co and its competitors. For the Construction industry, the median Interest Coverage is 7.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nikken Kogaku Co's current Interest Coverage is 234.47, which is 319% above median its own 10-year median of 55.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikken Kogaku Co stock overvalued right now?
Based on GuruFocus' analysis, Nikken Kogaku Co (TSE:9767) is currently considered Fairly Valued. The stock's GF Value™ is 円1,573.15, compared to a current price of 円1,451.00 — trading 7.8% below its estimated fair value. The current Interest Coverage is 234.47, which is 319% above median its 10-year median of 55.95 and 2902.2% above the Construction industry median of 7.81. Nikken Kogaku Co's overall GF Score™ is 70/100 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 Nikken Kogaku Co (TSE:9767), the current Interest Coverage is 234.47 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 Nikken Kogaku Co (TSE:9767) Overvalued in 2026?

Based on GuruFocus' analysis, Nikken Kogaku Co stock appears to be undervalued. The current stock price of 円1,451.00 is trading 7.8% below its estimated GF Value™ of 円1,573.15. GuruFocus considers Nikken Kogaku Co to be Fairly Valued.

Key valuation signals for TSE:9767:

  • Interest Coverage: 234.47 (319% above median its 10-year median of 55.95)
  • GF Value™: 円1,573.15 vs. price of 円1,451.00 (7.8% below fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 2902.2% above the Construction median (#158 of 1351)

No single metric tells the full story. See the TSE:9767 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nikken Kogaku Co Business Description

Address 17th Floor, Nittochi Nishishinjuku Building, 6-10-1 Nishishinjuku, Shinjuku-ku, Tokyo, JPN, 160-0023
Nikken Kogaku Co Ltd develops a wide range of products and construction methods such as wave-blocking block, revetment block, natural stone construction method, and other civil engineering products. It primarily serves to the ministry of land, infrastructure, transport and tourism; local governments, construction companies, and construction consultants across Japan.
70GF Score

Get the complete analysis for TSE:9767

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

円1,451.00
Price
円1,573.15
GF Value