Fiera Milano SpA (CHIX:FMM) Cash Ratio: 0.70 (As of Mar. 2026) — 67% Above 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.

CHIX:FMM Fiera Milano SpA CHIX:FMM
72 GF Score
Price €3.13
GF Value €2.14
! 3 Warning Signs
View Full Analysis

What is Fiera Milano SpA Cash Ratio?

Fiera Milano SpA CHIX:FMM 72 Cash Ratio is 0.70 as of Mar. 2026, which is 67% above its 10-year median of 0.42. GuruFocus rates CHIX:FMM with a GF Score™ of 72/100 and a GF Value™ of €2.14. The stock has 3 warning signs investors should review. Among 1,066 Business Services companies, Fiera Milano SpA ranks better than 53.94% on this metric.

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Fiera Milano SpA's Cash Ratio for the quarter that ended in Mar. 2026 was 0.70.

Fiera Milano SpA has a Cash Ratio of 0.70. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.

The historical rank and industry rank for Fiera Milano SpA's Cash Ratio or its related term are showing as below:

CHIX:FMm' s Cash Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.42   Max: 0.9
Current: 0.7

During the past 13 years, Fiera Milano SpA's highest Cash Ratio was 0.90. The lowest was 0.13. And the median was 0.42.

CHIX:FMm's Cash Ratio is ranked better than
53.94% of 1066 companies
in the Business Services industry
Industry Median: 0.63 vs CHIX:FMm: 0.70

Fiera Milano SpA  (CHIX:FMm) 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.


Fiera Milano SpA Cash Ratio Related Terms


Fiera Milano SpA Cash Ratio Historical Data

* Premium members only.

The historical data trend for Fiera Milano SpA'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.

Fiera Milano SpA Cash Ratio Chart

Fiera Milano SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.62 0.62 0.46 0.74

Fiera Milano SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cash Ratio 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 0.49 0.59 0.55 0.74 0.70

CHIX:FMM vs CTAS, CPRT, ULS: Cash Ratio Comparison

For the Specialty Business Services subindustry, Fiera Milano SpA'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.


Fiera Milano SpA Cash Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Fiera Milano SpA's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Fiera Milano SpA's Cash Ratio falls into.


CHIX:FMM
72GF Score
Fiera Milano SpA CHIX:FMM
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fiera Milano SpA Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Fiera Milano SpA's Cash Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Cash Ratio (A: Dec. 2025 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=187.461/253.117
=0.74

Fiera Milano SpA's Cash Ratio for the quarter that ended in Mar. 2026 is calculated as:

Cash Ratio (Q: Mar. 2026 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=191.429/273.521
=0.70

* 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.

Frequently Asked Questions Learn more about Cash Ratio →
What does a Cash Ratio of 0.70 mean?
Fiera Milano SpA (CHIX:FMM) has a Cash Ratio of 0.70 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Fiera Milano SpA and its competitors. This is 67% above median its historical median of 0.42. Over the past decade, Fiera Milano SpA's Cash Ratio has ranged from 0.13 to 0.90. According to the industry distribution chart, Fiera Milano SpA ranks #491 out of 1066 companies in the Business Services industry, placing it in the top 46.1%.
Is Fiera Milano SpA's Cash Ratio too high?
Fiera Milano SpA's current Cash Ratio of 0.70 is 67% above median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.90. The Business Services industry median Cash Ratio is 0.63. Fiera Milano SpA's value of 0.70 is 11.1% above this industry median. Based on the distribution chart, Fiera Milano SpA ranks #491 out of 1066 companies in the Business Services industry, which is above the industry midpoint. Overall, Fiera Milano SpA has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Fiera Milano SpA's Cash Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Fiera Milano SpA ranks #491 out of 1066 companies for Cash Ratio. This puts Fiera Milano SpA in the upper half of its industry. The industry median Cash Ratio is 0.63. Fiera Milano SpA's value of 0.70 is 11.1% above this benchmark. Historically, Fiera Milano SpA's own Cash Ratio has ranged from 0.13 to 0.90 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 0.63, Fiera Milano SpA 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 Business Services company?
The median Cash Ratio among Business Services companies is 0.63, based on 1,066 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. Fiera Milano SpA's current Cash Ratio of 0.70 is 11.1% 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 Fiera Milano SpA and its competitors. For the Business Services industry, the median Cash Ratio is 0.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fiera Milano SpA's current Cash Ratio is 0.70, which is 67% above median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiera Milano SpA stock overvalued right now?
Fiera Milano SpA (CHIX:FMM) has a current Cash Ratio of 0.70. The stock's GF Value™ is €2.14, compared to a current price of €3.13 — trading 46.3% above its estimated fair value. The current Cash Ratio is 0.70, which is 67% above median its 10-year median of 0.42 and 11.1% above the Business Services industry median of 0.63. Fiera Milano SpA's overall GF Score™ is 72/100 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 Fiera Milano SpA (CHIX:FMM), the current Cash Ratio is 0.70 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 Fiera Milano SpA (CHIX:FMM) Overvalued in 2026?

Based on GuruFocus' analysis, Fiera Milano SpA stock appears to be overvalued. The current stock price of €3.13 is trading 46.3% above its estimated GF Value™ of €2.14.

Key valuation signals for CHIX:FMM:

  • Cash Ratio: 0.70 (67% above median its 10-year median of 0.42)
  • GF Value™: €2.14 vs. price of €3.13 (46.3% above fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 11.1% above the Business Services median (#491 of 1066)

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


Fiera Milano SpA Business Description

Other Exchanges FM:Italy0EGH:UKFM3:Germany
Address Strada Statale del Sempione, Rho, Milan, ITA, 28-20017
Fiera Milano SpA is a trade fair company. Its operating segments include Italian Exhibitions Business, Foreign Exhibitions Business, Congresses, and Other Sectors. The Italian Exhibitions and Foreign Exhibitions segment covers all activities for organizing and hosting exhibitions and other events in Italy and abroad through the use, promotion, and offer of furnished exhibition spaces, project support, and ancillary services. It also engages in stand-fitting, technical, and exhibition site services. The Congresses segment covers the management of conferences and events. It generates the majority of the revenue from Italian exhibitions segment. Geographically, it operates in Italy and Abroad, where it derives maximum revenue from Italy.
72GF Score

Get the complete analysis for CHIX:FMM

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

€3.13
Price
€2.14
GF Value