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.
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.
Turvo International CoTPE:2233 -1.41%71 Cash Ratio is 1.84 as of Jun. 2026, which is 80% above its 10-year median of 1.02. GuruFocus rates TPE:2233 with a GF Score™ of 71/100 and a GF Value™ of NT$158.13 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,953 Industrial Products companies, Turvo International Co ranks better than 85.44% on this metric.
Turvo International Co has a Cash Ratio of 1.84. 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 Turvo International Co's Cash Ratio or its related term are showing as below:
TPE:2233'
s Cash Ratio Range Over the Past 10 Years
Min: 0.59 Med: 1.02 Max: 1.92
Current: 1.92
During the past 13 years, Turvo International Co's highest Cash Ratio was 1.92. The lowest was 0.59. And the median was 1.02.
TPE:2233's Cash Ratio is ranked better than 85.44% of 2953
companies
in the Industrial Products industry
Industry Median: 0.51
vs TPE:2233: 1.92
Turvo International Co (TPE:2233) 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.
* 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 Specialty Industrial Machinery subindustry, Turvo International Co'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.
Turvo International Co Cash Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Turvo International Co's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Turvo International Co'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.
Turvo International Co (TPE:2233) has a Cash Ratio of 1.84 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Turvo International Co and its competitors. This is 80% above median its historical median of 1.02. Over the past decade, Turvo International Co's Cash Ratio has ranged from 0.59 to 1.92. According to the industry distribution chart, Turvo International Co ranks #430 out of 2953 companies in the Industrial Products industry, placing it in the top 14.6%.
Is Turvo International Co's Cash Ratio too high?
Turvo International Co's current Cash Ratio of 1.84 is 80% above median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 1.92. The Industrial Products industry median Cash Ratio is 0.51. Turvo International Co's value of 1.84 is 260.8% above this industry median. Based on the distribution chart, Turvo International Co ranks #430 out of 2953 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Turvo International Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Turvo International Co's Cash Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Turvo International Co ranks #430 out of 2953 companies for Cash Ratio. This places Turvo International Co in the top 15% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.51. Turvo International Co's value of 1.84 is 260.8% above this benchmark. Historically, Turvo International Co's own Cash Ratio has ranged from 0.59 to 1.92 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 0.51, Turvo International 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 Cash Ratio for an Industrial Products company?
The median Cash Ratio among Industrial Products companies is 0.51, based on 2,953 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. Turvo International Co's current Cash Ratio of 1.84 is 260.8% 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 Turvo International Co and its competitors. For the Industrial Products industry, the median Cash Ratio is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turvo International Co's current Cash Ratio is 1.84, which is 80% above median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turvo International Co stock overvalued right now?
Based on GuruFocus' analysis, Turvo International Co (TPE:2233) is currently considered Fairly Valued. The stock's GF Value™ is NT$158.13, compared to a current price of NT$174.50 — trading 10.4% above its estimated fair value. The current Cash Ratio is 1.84, which is 80% above median its 10-year median of 1.02 and 260.8% above the Industrial Products industry median of 0.51. Turvo International Co's overall GF Score™ is 71/100 with 5 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 Turvo International Co (TPE:2233), the current Cash Ratio is 1.84 as of Jun. 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 Turvo International Co (TPE:2233) Overvalued in 2026?
Based on GuruFocus' analysis, Turvo International Co stock appears to be overvalued.
The current stock price of NT$174.50 is trading 10.4% above its estimated GF Value™ of NT$158.13.
GuruFocus considers Turvo International Co to be Fairly Valued.
Key valuation signals for TPE:2233:
Cash Ratio: 1.84 (80% above median its 10-year median of 1.02)
GF Value™: NT$158.13 vs. price of NT$174.50 (10.4% above fair value)
Industry Position: 260.8% above the Industrial Products median (#430 of 2953)
No single metric tells the full story. See the TPE:2233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Turvo International Co Ltd is a Taiwan-based company engaged in the manufacturing and marketing of air tools, machine elements, hardware parts, wood lathes, and wood planers used on these products. The Company also processes, manufactures, and markets optical elements. Its main products are connectors and sensors, which are mostly applied in automotive, medical, industrial, and electronics industries. It has two reportable segments as follows: The Taiwan segment produces, manufactures, and trades precision metal processing, including automobile, industrial application, and household application, etc. China segment produces, manufactures, and trades precision metal processing, including computer, medical equipment, optical, and precision metal hardware, etc.
71GF Score
Get the complete analysis for TPE:2233
Cash Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:2233 has been successfully added to your 
