Netbay PCLBKK:NETBAY +2.02%78 Cash Ratio is 2.83 as of Mar. 2026, which is 0% above its 10-year median of 2.82. GuruFocus rates BKK:NETBAY with a GF Score™ of 78/100 and a GF Value™ of ฿21.54 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,802 Software companies, Netbay PCL ranks better than 84.01% on this metric.
Netbay PCL has a Cash Ratio of 2.83. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.
The historical rank and industry rank for Netbay PCL's Cash Ratio or its related term are showing as below:
BKK:NETBAY'
s Cash Ratio Range Over the Past 10 Years
Min: 1.81 Med: 2.82 Max: 5.26
Current: 2.83
During the past 11 years, Netbay PCL's highest Cash Ratio was 5.26. The lowest was 1.81. And the median was 2.82.
BKK:NETBAY's Cash Ratio is ranked better than 84.01% of 2802
companies
in the Software industry
Industry Median: 0.785
vs BKK:NETBAY: 2.83
Netbay PCL (BKK:NETBAY) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Netbay PCL Cash Ratio Related Terms
Netbay PCL Cash Ratio Historical Data
* Premium members only.
The historical data trend for Netbay PCL's Cash Ratio 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.
BKK:NETBAY vs UBER, SHOP, CRM: Cash Ratio Comparison
For the Software - Application subindustry, Netbay PCL's Cash Ratio, along with its competitors' market caps and Cash Ratio 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.
Netbay PCL Cash Ratio vs Software Industry
For the Software industry and Technology sector, Netbay PCL's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Netbay PCL's Cash Ratio falls into.
* 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.
Netbay PCL (BKK:NETBAY) has a Cash Ratio of 2.83 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Netbay PCL and its competitors. This is near median its historical median of 2.82. Over the past decade, Netbay PCL's Cash Ratio has ranged from 1.81 to 5.26. According to the industry distribution chart, Netbay PCL ranks #448 out of 2802 companies in the Software industry, placing it in the top 16%.
Is Netbay PCL's Cash Ratio too high?
Netbay PCL's current Cash Ratio of 2.83 is near median its 10-year median of 2.82. Over the past 10 years, this metric has ranged from a low of 1.81 to a high of 5.26. The Software industry median Cash Ratio is 0.79. Netbay PCL's value of 2.83 is 260.5% above this industry median. Based on the distribution chart, Netbay PCL ranks #448 out of 2802 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Netbay PCL has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Netbay PCL's Cash Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Netbay PCL ranks #448 out of 2802 companies for Cash Ratio. This places Netbay PCL in the top 16% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.79. Netbay PCL's value of 2.83 is 260.5% above this benchmark. Historically, Netbay PCL's own Cash Ratio has ranged from 1.81 to 5.26 over the past decade. While the company's 10-year median is 2.82 vs. the industry median of 0.79, Netbay PCL 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 Cash Ratio for a Software company?
The median Cash Ratio among Software companies is 0.79, based on 2,802 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Netbay PCL's current Cash Ratio of 2.83 is 260.5% 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 Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Netbay PCL and its competitors. For the Software industry, the median Cash Ratio is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netbay PCL's current Cash Ratio is 2.83, which is near median its own 10-year median of 2.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netbay PCL stock overvalued right now?
Based on GuruFocus' analysis, Netbay PCL (BKK:NETBAY) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿21.54, compared to a current price of ฿10.10 — trading 53.1% below its estimated fair value. The current Cash Ratio is 2.83, which is near median its 10-year median of 2.82 and 260.5% above the Software industry median of 0.79. Netbay PCL's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Netbay PCL (BKK:NETBAY), the current Cash Ratio is 2.83 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 Netbay PCL (BKK:NETBAY) Overvalued in 2026?
Based on GuruFocus' analysis, Netbay PCL stock appears to be undervalued.
The current stock price of ฿10.10 is trading 53.1% below its estimated GF Value™ of ฿21.54.
GuruFocus considers Netbay PCL to be Significantly Undervalued.
Key valuation signals for BKK:NETBAY:
Cash Ratio: 2.83 (near median its 10-year median of 2.82)
GF Value™: ฿21.54 vs. price of ฿10.10 (53.1% below fair value)
Industry Position: 260.5% above the Software median (#448 of 2802)
No single metric tells the full story. See the BKK:NETBAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Netbay PCL is a Thailand-based company engaged in the provision and development of computer software used in the transmission of information electronically. The company creates, designs, and develops a digital business technology platform and omnichannel connectivity gateway. It operates in two segments: The e-Business segment, which develops an e-Business product in the form of services (SaaS: Software As A Service), and the e-Service segment, which rendered an e-Business service for the Business segment to Government (B2G) transaction, and Business segment to Business segment (B2B) transaction. The company operates only in Thailand and generates the majority of its revenue from the e-Business segment.
78GF Score
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