Metro Performance Glass (ASX:MPP) Current Ratio: 1.71 (As of Mar. 2026) — Near Median


ASX:MPP Metro Performance Glass Ltd ASX:MPP
33 GF Score
Price A$0.95
GF Value A$0.49
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Metro Performance Glass Current Ratio?

Metro Performance Glass ASX:MPP 33 Current Ratio is 1.71 as of Mar. 2026, which is 5% below its 10-year median of 1.80. GuruFocus rates ASX:MPP with a GF Score™ of 33/100 and a GF Value™ of A$0.49 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,787 Construction companies, Metro Performance Glass ranks better than 56.86% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Metro Performance Glass's current ratio for the quarter that ended in Mar. 2026 was 1.71.

Metro Performance Glass has a current ratio of 1.71. It generally indicates good short-term financial strength.

The historical rank and industry rank for Metro Performance Glass's Current Ratio or its related term are showing as below:

ASX:MPP' s Current Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.8   Max: 2.15
Current: 1.71

During the past 11 years, Metro Performance Glass's highest Current Ratio was 2.15. The lowest was 0.67. And the median was 1.80.

ASX:MPP's Current Ratio is ranked better than
56.86% of 1787 companies
in the Construction industry
Industry Median: 1.58 vs ASX:MPP: 1.71

Metro Performance Glass  (ASX:MPP) 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.


Metro Performance Glass Current Ratio Related Terms


Metro Performance Glass Current Ratio Historical Data

* Premium members only.

The historical data trend for Metro Performance Glass's Current 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.

Metro Performance Glass Current Ratio Chart

Metro Performance Glass Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.84 2.15 0.74 0.67 1.71

Metro Performance Glass Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Current 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 0.74 0.71 0.67 1.81 1.71

ASX:MPP vs TT, JCI, CARR: Current Ratio Comparison

For the Building Products & Equipment subindustry, Metro Performance Glass'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.


Metro Performance Glass Current Ratio vs Construction Industry

For the Construction industry and Industrials sector, Metro Performance Glass's Current Ratio distribution charts can be found below:

* The bar in red indicates where Metro Performance Glass's Current Ratio falls into.


ASX:MPP
33GF Score
Metro Performance Glass Ltd ASX:MPP
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Metro Performance Glass Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Metro Performance Glass's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=55.09/32.205
=1.71

Metro Performance Glass's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=55.09/32.205
=1.71

* 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 Current Ratio →
What does a Current Ratio of 1.71 mean?
Metro Performance Glass (ASX:MPP) has a Current Ratio of 1.71 as of Mar. 2026. This is near median its historical median of 1.80. Over the past decade, Metro Performance Glass' Current Ratio has ranged from 0.67 to 2.15. According to the industry distribution chart, Metro Performance Glass ranks #771 out of 1787 companies in the Construction industry, placing it in the top 43.1%.
Is Metro Performance Glass' Current Ratio too high?
Metro Performance Glass' current Current Ratio of 1.71 is near median its 10-year median of 1.80. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 2.15. The Construction industry median Current Ratio is 1.58. Metro Performance Glass' value of 1.71 is 8.2% above this industry median. Based on the distribution chart, Metro Performance Glass ranks #771 out of 1787 companies in the Construction industry, which is above the industry midpoint. Overall, Metro Performance Glass has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Metro Performance Glass' Current Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Metro Performance Glass ranks #771 out of 1787 companies for Current Ratio. This puts Metro Performance Glass in the upper half of its industry. The industry median Current Ratio is 1.58. Metro Performance Glass' value of 1.71 is 8.2% above this benchmark. Historically, Metro Performance Glass' own Current Ratio has ranged from 0.67 to 2.15 over the past decade. While the company's 10-year median is 1.80 vs. the industry median of 1.58, Metro Performance Glass 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. Metro Performance Glass's current Current Ratio of 1.71 is 8.2% 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. Metro Performance Glass's current Current Ratio is 1.71, which is near median its own 10-year median of 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metro Performance Glass stock overvalued right now?
Based on GuruFocus' analysis, Metro Performance Glass (ASX:MPP) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.49, compared to a current price of A$0.95 — trading 92.9% above its estimated fair value. The current Current Ratio is 1.71, which is near median its 10-year median of 1.80 and 8.2% above the Construction industry median of 1.58. Metro Performance Glass' overall GF Score™ is 33/100 with 6 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 Metro Performance Glass (ASX:MPP), the current Current Ratio is 1.71 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 Metro Performance Glass (ASX:MPP) Overvalued in 2026?

Based on GuruFocus' analysis, Metro Performance Glass stock appears to be overvalued. The current stock price of A$0.95 is trading 92.9% above its estimated GF Value™ of A$0.49. GuruFocus considers Metro Performance Glass to be Significantly Overvalued.

Key valuation signals for ASX:MPP:

  • Current Ratio: 1.71 (near median its 10-year median of 1.80)
  • GF Value™: A$0.49 vs. price of A$0.95 (92.9% above fair value)
  • GF Score™: 33/100 with 6 warning signs
  • Industry Position: 8.2% above the Construction median (#771 of 1787)

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


Metro Performance Glass Business Description

Other Exchanges MPG:New Zealand
Address 5 Lady Fisher Place, East Tamaki, Auckland, NZL, 2013
Metro Performance Glass Ltd operates as a glass processor. It group supplies processed flat glass and related products to the residential and commercial building sectors. It offers a range of glass products, including Decorative Glass, low Glass, Mirrors, bathroom shower screens, Shower Glass, Safety Security glass, Obscure, Frosted, and Privacy Glass, doors, and others. Its geographical segments include New Zealand and Australia. It generates a majority of its revenue from New Zealand.
33GF Score

Get the complete analysis for ASX:MPP

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

A$0.95
Price
A$0.49
GF Value