Sahamit Machinery PCLBKK:SMIT 70 Current Ratio is 11.67 as of Mar. 2026, which is 41% above its 10-year median of 8.26. GuruFocus rates BKK:SMIT with a GF Score™ of 70/100 and a GF Value™ of ฿3.60 (Fairly Valued). The stock has 3 warning signs investors should review. Among 634 Steel companies, Sahamit Machinery PCL ranks better than 95.43% 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. Sahamit Machinery PCL's current ratio for the quarter that ended in Mar. 2026 was 11.67.
Sahamit Machinery PCL has a current ratio of 11.67. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Sahamit Machinery PCL's Current Ratio or its related term are showing as below:
BKK:SMIT'
s Current Ratio Range Over the Past 10 Years
Min: 5.28 Med: 8.26 Max: 12.64
Current: 11.67
During the past 13 years, Sahamit Machinery PCL's highest Current Ratio was 12.64. The lowest was 5.28. And the median was 8.26.
BKK:SMIT's Current Ratio is ranked better than 95.43% of 634
companies
in the Steel industry
Industry Median: 1.63
vs BKK:SMIT: 11.67
Sahamit Machinery PCL (BKK:SMIT) 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.
Sahamit Machinery PCL Current Ratio Related Terms
Sahamit Machinery PCL Current Ratio Historical Data
* Premium members only.
The historical data trend for Sahamit Machinery PCL'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.
BKK:SMIT vs NUE, STLD, RS: Current Ratio Comparison
For the Steel subindustry, Sahamit Machinery PCL'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.
Sahamit Machinery PCL Current Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Sahamit Machinery PCL's Current Ratio distribution charts can be found below:
* The bar in red indicates where Sahamit Machinery PCL'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.
Sahamit Machinery PCL (BKK:SMIT) has a Current Ratio of 11.67 as of Mar. 2026. This is 41% above median its historical median of 8.26. Over the past decade, Sahamit Machinery PCL's Current Ratio has ranged from 5.28 to 12.64. According to the industry distribution chart, Sahamit Machinery PCL ranks #29 out of 634 companies in the Steel industry, placing it in the top 4.6%.
Is Sahamit Machinery PCL's Current Ratio too high?
Sahamit Machinery PCL's current Current Ratio of 11.67 is 41% above median its 10-year median of 8.26. Over the past 10 years, this metric has ranged from a low of 5.28 to a high of 12.64. The Steel industry median Current Ratio is 1.63. Sahamit Machinery PCL's value of 11.67 is 616% above this industry median. Based on the distribution chart, Sahamit Machinery PCL ranks #29 out of 634 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Sahamit Machinery PCL has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sahamit Machinery PCL's Current Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Sahamit Machinery PCL ranks #29 out of 634 companies for Current Ratio. This places Sahamit Machinery PCL in the top 5% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.63. Sahamit Machinery PCL's value of 11.67 is 616% above this benchmark. Historically, Sahamit Machinery PCL's own Current Ratio has ranged from 5.28 to 12.64 over the past decade. While the company's 10-year median is 8.26 vs. the industry median of 1.63, Sahamit Machinery PCL 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 Steel company?
The median Current Ratio among Steel companies is 1.63, based on 634 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. Sahamit Machinery PCL's current Current Ratio of 11.67 is 616% 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 Steel industry, the median Current Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sahamit Machinery PCL's current Current Ratio is 11.67, which is 41% above median its own 10-year median of 8.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sahamit Machinery PCL stock overvalued right now?
Based on GuruFocus' analysis, Sahamit Machinery PCL (BKK:SMIT) is currently considered Fairly Valued. The stock's GF Value™ is ฿3.60, compared to a current price of ฿3.48 — trading 3.3% below its estimated fair value. The current Current Ratio is 11.67, which is 41% above median its 10-year median of 8.26 and 616% above the Steel industry median of 1.63. Sahamit Machinery PCL's overall GF Score™ is 70/100 with 3 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 Sahamit Machinery PCL (BKK:SMIT), the current Current Ratio is 11.67 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 Sahamit Machinery PCL (BKK:SMIT) Overvalued in 2026?
Based on GuruFocus' analysis, Sahamit Machinery PCL stock appears to be undervalued.
The current stock price of ฿3.48 is trading 3.3% below its estimated GF Value™ of ฿3.60.
GuruFocus considers Sahamit Machinery PCL to be Fairly Valued.
Key valuation signals for BKK:SMIT:
Current Ratio: 11.67 (41% above median its 10-year median of 8.26)
GF Value™: ฿3.60 vs. price of ฿3.48 (3.3% below fair value)
Industry Position: 616% above the Steel median (#29 of 634)
No single metric tells the full story. See the BKK:SMIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sahamit Machinery PCL is engaged in the distribution of industrial machinery and equipment. The business segments of the group are; Steel and Heat treatment, Machine tools and Tooling and Others consisting of Pulp & paper, Electrical engineering and Machineries and equipment for wood industry. The company mainly operates in Thailand, and derives main revenue from the Steel and Heat treatment segment.
70GF Score
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