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Millat TractorsKAR:MTL -0.21%63 Cash Ratio is 0.08 as of Mar. 2026, which is 43% below its 10-year median of 0.14. GuruFocus rates KAR:MTL with a GF Score™ of 63/100 and a GF Value™ of ₨156.01 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 208 Farm & Heavy Construction Machinery companies, Millat Tractors ranks worse than 87.5% on this metric.
Millat Tractors has a Cash Ratio of 0.08. 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 Millat Tractors's Cash Ratio or its related term are showing as below:
KAR:MTL'
s Cash Ratio Range Over the Past 10 Years
Min: 0.03 Med: 0.14 Max: 0.9
Current: 0.08
During the past 13 years, Millat Tractors's highest Cash Ratio was 0.90. The lowest was 0.03. And the median was 0.14.
KAR:MTL's Cash Ratio is ranked worse than 87.5% of 208
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.355
vs KAR:MTL: 0.08
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.
Millat Tractors Cash Ratio Related Terms
Millat Tractors Cash Ratio Historical Data
* Premium members only.
The historical data trend for Millat Tractors'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.
For the Farm & Heavy Construction Machinery subindustry, Millat Tractors'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.
Millat Tractors Cash Ratio vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Millat Tractors's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Millat Tractors'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.
Millat Tractors (KAR:MTL) has a Cash Ratio of 0.08 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Millat Tractors and its competitors. This is 43% below median its historical median of 0.14. Over the past decade, Millat Tractors' Cash Ratio has ranged from 0.03 to 0.90. According to the industry distribution chart, Millat Tractors ranks #182 out of 208 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 87.5%.
Is Millat Tractors' Cash Ratio too high?
Millat Tractors' current Cash Ratio of 0.08 is 43% below median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.90. The Farm & Heavy Construction Machinery industry median Cash Ratio is 0.36. Millat Tractors' value of 0.08 is 77.5% below this industry median. Based on the distribution chart, Millat Tractors ranks #182 out of 208 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Millat Tractors has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Millat Tractors' Cash Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Millat Tractors ranks #182 out of 208 companies for Cash Ratio. This places Millat Tractors in the lower half of its industry. The industry median Cash Ratio is 0.36. Millat Tractors' value of 0.08 is 77.5% below this benchmark. Historically, Millat Tractors' own Cash Ratio has ranged from 0.03 to 0.90 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 0.36, Millat Tractors has consistently been below 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 Farm & Heavy Construction Machinery company?
The median Cash Ratio among Farm & Heavy Construction Machinery companies is 0.36, based on 208 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. Millat Tractors's current Cash Ratio of 0.08 is 77.5% below 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 Millat Tractors and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cash Ratio is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millat Tractors's current Cash Ratio is 0.08, which is 43% below median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millat Tractors stock overvalued right now?
Based on GuruFocus' analysis, Millat Tractors (KAR:MTL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨156.01, compared to a current price of ₨302.28 — trading 93.8% above its estimated fair value. The current Cash Ratio is 0.08, which is 43% below median its 10-year median of 0.14 and 77.5% below the Farm & Heavy Construction Machinery industry median of 0.36. Millat Tractors' overall GF Score™ is 63/100 with 6 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 Millat Tractors (KAR:MTL), the current Cash Ratio is 0.08 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 Millat Tractors (KAR:MTL) Overvalued in 2026?
Based on GuruFocus' analysis, Millat Tractors stock appears to be overvalued.
The current stock price of ₨302.28 is trading 93.8% above its estimated GF Value™ of ₨156.01.
GuruFocus considers Millat Tractors to be Significantly Overvalued.
Key valuation signals for KAR:MTL:
Cash Ratio: 0.08 (43% below median its 10-year median of 0.14)
GF Value™: ₨156.01 vs. price of ₨302.28 (93.8% above fair value)
Industry Position: 77.5% below the Farm & Heavy Construction Machinery median (#182 of 208)
No single metric tells the full story. See the KAR:MTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Millat Tractors Ltd operates in the automobile sector. It is engaged in assembling and manufacturing of agricultural tractors, implements and multi-application products. The Company is also involved in the sale, implementation and support of IFS applications in Pakistan and abroad. The company's operating segment includes Tractors; Tractor components; Castings and Others. It generates maximum revenue from the Tractors segment. The tractor components segment is engaged in the business of manufacturing automotive, agricultural and industrial vehicle parts and components.
63GF Score
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