ParkerTSE:9845 +1.85%85 Interest Coverage is 56.39 as of Mar. 2026, which is 14% below its 10-year median of 65.81. GuruFocus rates TSE:9845 with a GF Score™ of 85/100 and a GF Value™ of 円999.25 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 131 Industrial Distribution companies, Parker ranks better than 83.21% 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. Parker's
Operating Income
for the
six
months ended in Mar. 2026 was 円3,214 Mil. Parker's Interest Expense for the
six
months ended in Mar. 2026 was 円-57 Mil.
Parker's interest coverage for the quarter that ended in Mar. 2026 was 56.39.
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. Parker Corp has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Parker's Interest Coverage or its related term are showing as below:
TSE:9845'
s Interest Coverage Range Over the Past 10 Years
Min: 41.41 Med: 65.81 Max: 97.77
Current: 64.88
TSE:9845's Interest Coverage is ranked better than 83.21% of 131
companies
in the Industrial Distribution industry
Industry Median: 6.79
vs TSE:9845: 64.88
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 .
Parker Interest Coverage Related Terms
Parker Interest Coverage Historical Data
* Premium members only.
The historical data trend for Parker'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:9845 vs GWW, FAST, FERG: Interest Coverage Comparison
For the Industrial Distribution subindustry, Parker'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.
Parker Interest Coverage vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Parker's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Parker'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.
Parker (TSE:9845) has a Interest Coverage of 56.39 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Parker and its competitors. This is 14% below median its historical median of 65.81. Over the past decade, Parker's Interest Coverage has ranged from 41.41 to 97.77. According to the industry distribution chart, Parker ranks #22 out of 131 companies in the Industrial Distribution industry, placing it in the top 16.8%.
Is Parker's Interest Coverage too high?
Parker's current Interest Coverage of 56.39 is 14% below median its 10-year median of 65.81. Over the past 10 years, this metric has ranged from a low of 41.41 to a high of 97.77. The Industrial Distribution industry median Interest Coverage is 6.79. Parker's value of 56.39 is 730.5% above this industry median. Based on the distribution chart, Parker ranks #22 out of 131 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Parker has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Parker's Interest Coverage compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Parker ranks #22 out of 131 companies for Interest Coverage. This places Parker in the top 17% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 6.79. Parker's value of 56.39 is 730.5% above this benchmark. Historically, Parker's own Interest Coverage has ranged from 41.41 to 97.77 over the past decade. While the company's 10-year median is 65.81 vs. the industry median of 6.79, Parker 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 an Industrial Distribution company?
The median Interest Coverage among Industrial Distribution companies is 6.79, based on 131 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. Parker's current Interest Coverage of 56.39 is 730.5% 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 Parker and its competitors. For the Industrial Distribution industry, the median Interest Coverage is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parker's current Interest Coverage is 56.39, which is 14% below median its own 10-year median of 65.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parker stock overvalued right now?
Based on GuruFocus' analysis, Parker (TSE:9845) is currently considered Significantly Overvalued. The stock's GF Value™ is 円999.25, compared to a current price of 円1,380.00 — trading 38.1% above its estimated fair value. The current Interest Coverage is 56.39, which is 14% below median its 10-year median of 65.81 and 730.5% above the Industrial Distribution industry median of 6.79. Parker's overall GF Score™ is 85/100 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 Parker (TSE:9845), the current Interest Coverage is 56.39 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 Parker (TSE:9845) Overvalued in 2026?
Based on GuruFocus' analysis, Parker stock appears to be overvalued.
The current stock price of 円1,380.00 is trading 38.1% above its estimated GF Value™ of 円999.25.
GuruFocus considers Parker to be Significantly Overvalued.
Key valuation signals for TSE:9845:
Interest Coverage: 56.39 (14% below median its 10-year median of 65.81)
GF Value™: 円999.25 vs. price of 円1,380.00 (38.1% above fair value)
Industry Position: 730.5% above the Industrial Distribution median (#22 of 131)
No single metric tells the full story. See the TSE:9845 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Parker Corp develops, manufactures, and sells machinery and equipment, parts, materials, and chemicals primarily for the automotive, steel, and home electronics industries in Japan. The company offers industrial fine chemicals, including detergents, anti-rust, as well as soundproofing materials for automobiles. It also develops and sells industrial sealing materials and adhesives. In addition, the company imports and sells machinery and equipment for food, shoes, and steel manufacturing industries.
85GF Score
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