Tata Steel Thailand PCLFRA:MVX 52 Current Ratio is 5.86 as of Mar. 2026, which is 66% above its 10-year median of 3.53. GuruFocus rates FRA:MVX with a GF Score™ of 52/100 and a GF Value™ of €0.02 (Fairly Valued). The stock has 5 warning signs investors should review. Among 639 Steel companies, Tata Steel Thailand PCL ranks better than 89.67% 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. Tata Steel Thailand PCL's current ratio for the quarter that ended in Mar. 2026 was 5.86.
Tata Steel Thailand PCL has a current ratio of 5.86. 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 Tata Steel Thailand PCL's Current Ratio or its related term are showing as below:
FRA:MVX'
s Current Ratio Range Over the Past 10 Years
Min: 1.4 Med: 3.53 Max: 5.86
Current: 5.86
During the past 13 years, Tata Steel Thailand PCL's highest Current Ratio was 5.86. The lowest was 1.40. And the median was 3.53.
FRA:MVX's Current Ratio is ranked better than 89.67% of 639
companies
in the Steel industry
Industry Median: 1.63
vs FRA:MVX: 5.86
Tata Steel Thailand PCL (FRA:MVX) 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.
Tata Steel Thailand PCL Current Ratio Related Terms
Tata Steel Thailand PCL 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.
FRA:MVX vs NUE, STLD, RS: Current Ratio Comparison
For the Steel subindustry, Tata Steel Thailand 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.
Tata Steel Thailand PCL Current Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Tata Steel Thailand PCL's Current Ratio distribution charts can be found below:
* The bar in red indicates where Tata Steel Thailand 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.
Tata Steel Thailand PCL (FRA:MVX) has a Current Ratio of 5.86 as of Mar. 2026. This is 66% above median its historical median of 3.53. Over the past decade, Tata Steel Thailand PCL's Current Ratio has ranged from 1.40 to 5.86. According to the industry distribution chart, Tata Steel Thailand PCL ranks #66 out of 639 companies in the Steel industry, placing it in the top 10.3%.
Is Tata Steel Thailand PCL's Current Ratio too high?
Tata Steel Thailand PCL's current Current Ratio of 5.86 is 66% above median its 10-year median of 3.53. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 5.86. The Steel industry median Current Ratio is 1.63. Tata Steel Thailand PCL's value of 5.86 is 259.5% above this industry median. Based on the distribution chart, Tata Steel Thailand PCL ranks #66 out of 639 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Tata Steel Thailand PCL has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tata Steel Thailand PCL's Current Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Tata Steel Thailand PCL ranks #66 out of 639 companies for Current Ratio. This places Tata Steel Thailand PCL in the top 10% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.63. Tata Steel Thailand PCL's value of 5.86 is 259.5% above this benchmark. Historically, Tata Steel Thailand PCL's own Current Ratio has ranged from 1.40 to 5.86 over the past decade. While the company's 10-year median is 3.53 vs. the industry median of 1.63, Tata Steel Thailand 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 639 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. Tata Steel Thailand PCL's current Current Ratio of 5.86 is 259.5% 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. Tata Steel Thailand PCL's current Current Ratio is 5.86, which is 66% above median its own 10-year median of 3.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tata Steel Thailand PCL stock overvalued right now?
Based on GuruFocus' analysis, Tata Steel Thailand PCL (FRA:MVX) is currently considered Fairly Valued. The stock's GF Value™ is €0.02, compared to a current price of €0.02 — trading 7.5% above its estimated fair value. The current Current Ratio is 5.86, which is 66% above median its 10-year median of 3.53 and 259.5% above the Steel industry median of 1.63. Tata Steel Thailand PCL's overall GF Score™ is 52/100 with 5 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 Tata Steel Thailand PCL (FRA:MVX), the current Current Ratio is 5.86 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 Tata Steel Thailand PCL (FRA:MVX) Overvalued in 2026?
Based on GuruFocus' analysis, Tata Steel Thailand PCL stock appears to be overvalued.
The current stock price of €0.02 is trading 7.5% above its estimated GF Value™ of €0.02.
GuruFocus considers Tata Steel Thailand PCL to be Fairly Valued.
Key valuation signals for FRA:MVX:
Current Ratio: 5.86 (66% above median its 10-year median of 3.53)
GF Value™: €0.02 vs. price of €0.02 (7.5% above fair value)
Industry Position: 259.5% above the Steel median (#66 of 639)
No single metric tells the full story. See the FRA:MVX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tata Steel Thailand PCL is a Thailand-based holding company that is engaged in investing in other companies and providing management services. The company is engaged in manufacturing, rendering manufacturing services, distributing, and trading of steel bars, wire rods, and small-section products through its subsidiaries. The company operates in a single segment, being the Manufacturing and distribution of long steel products. Its product line includes rebar, deformed bar, round bar, cut and bend bars, wire rods, including high carbon wire rods and low carbon, special wire rods, and others.
52GF Score
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