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FaviteTPE:3535 -1.50%67 Cash Ratio is 2.28 as of Jun. 2026, which is 185% above its 10-year median of 0.80. GuruFocus rates TPE:3535 with a GF Score™ of 67/100 and a GF Value™ of NT$74.16 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,387 Hardware companies, Favite ranks better than 84.79% on this metric.
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.
Favite Cash Ratio Related Terms
Favite Cash Ratio Historical Data
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The historical data trend for Favite'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.
TPE:3535 vs DELL, ANET, SNDK: Cash Ratio Comparison
For the Computer Hardware subindustry, Favite'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.
Favite Cash Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Favite's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Favite'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.
Favite (TPE:3535) has a Cash Ratio of 2.28 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Favite and its competitors. This is 185% above median its historical median of 0.80. Over the past decade, Favite's Cash Ratio has ranged from 0.23 to 2.51. According to the industry distribution chart, Favite ranks #363 out of 2387 companies in the Hardware industry, placing it in the top 15.2%.
Is Favite's Cash Ratio too high?
Favite's current Cash Ratio of 2.28 is 185% above median its 10-year median of 0.80. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 2.51. The Hardware industry median Cash Ratio is 0.60. Favite's value of 2.28 is 280% above this industry median. Based on the distribution chart, Favite ranks #363 out of 2387 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Favite has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Favite's Cash Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Favite ranks #363 out of 2387 companies for Cash Ratio. This places Favite in the top 15% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.60. Favite's value of 2.28 is 280% above this benchmark. Historically, Favite's own Cash Ratio has ranged from 0.23 to 2.51 over the past decade. While the company's 10-year median is 0.80 vs. the industry median of 0.60, Favite 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 Hardware company?
The median Cash Ratio among Hardware companies is 0.60, based on 2,387 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. Favite's current Cash Ratio of 2.28 is 280% 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 Favite and its competitors. For the Hardware industry, the median Cash Ratio is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Favite's current Cash Ratio is 2.28, which is 185% above median its own 10-year median of 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Favite stock overvalued right now?
Based on GuruFocus' analysis, Favite (TPE:3535) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$74.16, compared to a current price of NT$85.50 — trading 15.3% above its estimated fair value. The current Cash Ratio is 2.28, which is 185% above median its 10-year median of 0.80 and 280% above the Hardware industry median of 0.60. Favite's overall GF Score™ is 67/100 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 Favite (TPE:3535), the current Cash Ratio is 2.28 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 Favite (TPE:3535) Overvalued in 2026?
Based on GuruFocus' analysis, Favite stock appears to be overvalued.
The current stock price of NT$85.50 is trading 15.3% above its estimated GF Value™ of NT$74.16.
GuruFocus considers Favite to be Modestly Overvalued.
Key valuation signals for TPE:3535:
Cash Ratio: 2.28 (185% above median its 10-year median of 0.80)
GF Value™: NT$74.16 vs. price of NT$85.50 (15.3% above fair value)
Industry Position: 280% above the Hardware median (#363 of 2387)
No single metric tells the full story. See the TPE:3535 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Favite Inc is engaged in the manufacturing of general instruments, precision instruments, and controlled telecommunication radio-frequency devices and the sales of information software services. The company operates in Taiwan, China and Others. It derives maximum revenue from Taiwan.
67GF Score
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