What is Matrix Composites & Engineering Current Ratio?
Matrix Composites & EngineeringASX:MCE 38 Current Ratio is 2.38 as of Dec. 2025, which is 15% below its 10-year median of 2.79. GuruFocus rates ASX:MCE with a GF Score™ of 38/100 and a GF Value™ of A$0.38 (Fairly Valued). The stock has 10 warning signs investors should review. Among 1,787 Construction companies, Matrix Composites & Engineering ranks better than 76.33% on this metric.
Matrix Composites & Engineering has a current ratio of 2.38. It generally indicates good short-term financial strength.
The historical rank and industry rank for Matrix Composites & Engineering's Current Ratio or its related term are showing as below:
ASX:MCE'
s Current Ratio Range Over the Past 10 Years
Min: 1.84 Med: 2.79 Max: 6.2
Current: 2.38
During the past 13 years, Matrix Composites & Engineering's highest Current Ratio was 6.20. The lowest was 1.84. And the median was 2.79.
ASX:MCE's Current Ratio is ranked better than 76.33% of 1787
companies
in the Construction industry
Industry Median: 1.58
vs ASX:MCE: 2.38
Matrix Composites & Engineering (ASX:MCE) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Matrix Composites & Engineering Current Ratio Related Terms
Matrix Composites & Engineering Current Ratio Historical Data
* 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.
Matrix Composites & Engineering Current Ratio Chart
ASX:MCE vs PWR, FIX, EME: Current Ratio Comparison
For the Engineering & Construction subindustry, Matrix Composites & Engineering's Current Ratio, along with its competitors' market caps and Current 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.
Matrix Composites & Engineering Current Ratio vs Construction Industry
For the Construction industry and Industrials sector, Matrix Composites & Engineering's Current Ratio distribution charts can be found below:
* The bar in red indicates where Matrix Composites & Engineering's Current 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.
Matrix Composites & Engineering (ASX:MCE) has a Current Ratio of 2.38 as of Dec. 2025. This is 15% below median its historical median of 2.79. Over the past decade, Matrix Composites & Engineering's Current Ratio has ranged from 1.84 to 6.20. According to the industry distribution chart, Matrix Composites & Engineering ranks #423 out of 1787 companies in the Construction industry, placing it in the top 23.7%.
Is Matrix Composites & Engineering's Current Ratio too high?
Matrix Composites & Engineering's current Current Ratio of 2.38 is 15% below median its 10-year median of 2.79. Over the past 10 years, this metric has ranged from a low of 1.84 to a high of 6.20. The Construction industry median Current Ratio is 1.58. Matrix Composites & Engineering's value of 2.38 is 50.6% above this industry median. Based on the distribution chart, Matrix Composites & Engineering ranks #423 out of 1787 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Matrix Composites & Engineering has a GF Score™ of 38/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Matrix Composites & Engineering's Current Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Matrix Composites & Engineering ranks #423 out of 1787 companies for Current Ratio. This places Matrix Composites & Engineering in the top 24% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.58. Matrix Composites & Engineering's value of 2.38 is 50.6% above this benchmark. Historically, Matrix Composites & Engineering's own Current Ratio has ranged from 1.84 to 6.20 over the past decade. While the company's 10-year median is 2.79 vs. the industry median of 1.58, Matrix Composites & Engineering 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 Current Ratio for a Construction company?
The median Current Ratio among Construction companies is 1.58, based on 1,787 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Matrix Composites & Engineering's current Current Ratio of 2.38 is 50.6% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Construction industry, the median Current Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Matrix Composites & Engineering's current Current Ratio is 2.38, which is 15% below median its own 10-year median of 2.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matrix Composites & Engineering stock overvalued right now?
Based on GuruFocus' analysis, Matrix Composites & Engineering (ASX:MCE) is currently considered Fairly Valued. The stock's GF Value™ is A$0.38, compared to a current price of A$0.40 — trading 3.9% above its estimated fair value. The current Current Ratio is 2.38, which is 15% below median its 10-year median of 2.79 and 50.6% above the Construction industry median of 1.58. Matrix Composites & Engineering's overall GF Score™ is 38/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Matrix Composites & Engineering (ASX:MCE), the current Current Ratio is 2.38 as of Dec. 2025. 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 Matrix Composites & Engineering (ASX:MCE) Overvalued in 2026?
Based on GuruFocus' analysis, Matrix Composites & Engineering stock appears to be overvalued.
The current stock price of A$0.40 is trading 3.9% above its estimated GF Value™ of A$0.38.
GuruFocus considers Matrix Composites & Engineering to be Fairly Valued.
Key valuation signals for ASX:MCE:
Current Ratio: 2.38 (15% below median its 10-year median of 2.79)
GF Value™: A$0.38 vs. price of A$0.40 (3.9% above fair value)
Industry Position: 50.6% above the Construction median (#423 of 1787)
No single metric tells the full story. See the ASX:MCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Matrix Composites & Engineering Business Description
Matrix Composites & Engineering Ltd is a manufacturer of engineered products and services for the offshore oil and gas, civil and infrastructure, and defence industry. The group is also involved in the businesses of manufacturing and supplying capital drilling equipment, consisting of syntactic foam buoyancy; manufacturing and supply of subsea umbilical risers and flowline (SURF) ancillary equipment and associated services; and manufacturing and supply of well construction products, including centralizers and conductors. Its products consist of buoyancy systems, epoxy resin systems, energy absorption systems, reinforced thermoplastics, and others. Geographically, it derives maximum revenue from Brazil and rest from Australia, Japan, China, the United States of America, and other regions.
38GF Score
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