Solid StateFRA:OUY +6.42%64 Current Ratio is 2.29 as of Mar. 2026, which is 16% above its 10-year median of 1.98. GuruFocus rates FRA:OUY with a GF Score™ of 64/100 and a GF Value™ of €2.86 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,496 Hardware companies, Solid State ranks better than 58.81% 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. Solid State's current ratio for the quarter that ended in Mar. 2026 was 2.29.
Solid State has a current ratio of 2.29. It generally indicates good short-term financial strength.
The historical rank and industry rank for Solid State's Current Ratio or its related term are showing as below:
FRA:OUY'
s Current Ratio Range Over the Past 10 Years
Min: 1.45 Med: 1.98 Max: 2.35
Current: 2.29
During the past 13 years, Solid State's highest Current Ratio was 2.35. The lowest was 1.45. And the median was 1.98.
FRA:OUY's Current Ratio is ranked better than 58.81% of 2496
companies
in the Hardware industry
Industry Median: 1.96
vs FRA:OUY: 2.29
Solid State (FRA:OUY) 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.
Solid State Current Ratio Related Terms
Solid State Current Ratio Historical Data
* Premium members only.
The historical data trend for Solid State'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.
FRA:OUY vs APH, GLW, TEL: Current Ratio Comparison
For the Electronic Components subindustry, Solid State'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.
Solid State Current Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Solid State's Current Ratio distribution charts can be found below:
* The bar in red indicates where Solid State'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.
Solid State (FRA:OUY) has a Current Ratio of 2.29 as of Mar. 2026. This is 16% above median its historical median of 1.98. Over the past decade, Solid State's Current Ratio has ranged from 1.45 to 2.35. According to the industry distribution chart, Solid State ranks #1028 out of 2496 companies in the Hardware industry, placing it in the top 41.2%.
Is Solid State's Current Ratio too high?
Solid State's current Current Ratio of 2.29 is 16% above median its 10-year median of 1.98. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 2.35. The Hardware industry median Current Ratio is 1.96. Solid State's value of 2.29 is 16.8% above this industry median. Based on the distribution chart, Solid State ranks #1028 out of 2496 companies in the Hardware industry, which is above the industry midpoint. Overall, Solid State has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Solid State's Current Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Solid State ranks #1028 out of 2496 companies for Current Ratio. This puts Solid State in the upper half of its industry. The industry median Current Ratio is 1.96. Solid State's value of 2.29 is 16.8% above this benchmark. Historically, Solid State's own Current Ratio has ranged from 1.45 to 2.35 over the past decade. While the company's 10-year median is 1.98 vs. the industry median of 1.96, Solid State 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 Hardware company?
The median Current Ratio among Hardware companies is 1.96, based on 2,496 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. Solid State's current Current Ratio of 2.29 is 16.8% 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 Hardware industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solid State's current Current Ratio is 2.29, which is 16% above median its own 10-year median of 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solid State stock overvalued right now?
Based on GuruFocus' analysis, Solid State (FRA:OUY) is currently considered Modestly Undervalued. The stock's GF Value™ is €2.86, compared to a current price of €2.32 — trading 18.9% below its estimated fair value. The current Current Ratio is 2.29, which is 16% above median its 10-year median of 1.98 and 16.8% above the Hardware industry median of 1.96. Solid State's overall GF Score™ is 64/100 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 Solid State (FRA:OUY), the current Current Ratio is 2.29 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 Solid State (FRA:OUY) Overvalued in 2026?
Based on GuruFocus' analysis, Solid State stock appears to be undervalued.
The current stock price of €2.32 is trading 18.9% below its estimated GF Value™ of €2.86.
GuruFocus considers Solid State to be Modestly Undervalued.
Key valuation signals for FRA:OUY:
Current Ratio: 2.29 (16% above median its 10-year median of 1.98)
GF Value™: €2.86 vs. price of €2.32 (18.9% below fair value)
Industry Position: 16.8% above the Hardware median (#1028 of 2496)
No single metric tells the full story. See the FRA:OUY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Solid State PLC is engaged in the manufacturing as well as distribution of electronic components and materials. The company's operating segment includes divisions, which are Components and Systems. Geographically, it derives the majority of its revenue from the United Kingdom and has a presence in the Rest of Europe, Asia, North America, and the Rest of the World. The company generates revenue from products such as Computing, Communications, Power and Optoelectronics, and electronic components and modules.
64GF Score
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