Draegerwerk AG KGaAHAM:DRW8 +1.14%75 Current Ratio is 2.07 as of Mar. 2026, which is 7% above its 10-year median of 1.93. GuruFocus rates HAM:DRW8 with a GF Score™ of 75/100 and a GF Value™ of €47.88 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 855 Medical Devices & Instruments companies, Draegerwerk AG KGaA ranks worse than 60.23% 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. Draegerwerk AG KGaA's current ratio for the quarter that ended in Mar. 2026 was 2.07.
Draegerwerk AG KGaA has a current ratio of 2.07. It generally indicates good short-term financial strength.
The historical rank and industry rank for Draegerwerk AG KGaA's Current Ratio or its related term are showing as below:
HAM:DRW8'
s Current Ratio Range Over the Past 10 Years
Min: 1.56 Med: 1.93 Max: 2.22
Current: 2.07
During the past 13 years, Draegerwerk AG KGaA's highest Current Ratio was 2.22. The lowest was 1.56. And the median was 1.93.
HAM:DRW8's Current Ratio is ranked worse than 60.23% of 855
companies
in the Medical Devices & Instruments industry
Industry Median: 2.49
vs HAM:DRW8: 2.07
Draegerwerk AG KGaA (HAM:DRW8) 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.
Draegerwerk AG KGaA Current Ratio Related Terms
Draegerwerk AG KGaA Current Ratio Historical Data
* Premium members only.
The historical data trend for Draegerwerk AG KGaA'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.
HAM:DRW8 vs ABT, SYK, MDT: Current Ratio Comparison
For the Medical Devices subindustry, Draegerwerk AG KGaA'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.
Draegerwerk AG KGaA Current Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Draegerwerk AG KGaA's Current Ratio distribution charts can be found below:
* The bar in red indicates where Draegerwerk AG KGaA'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.
Draegerwerk AG KGaA (HAM:DRW8) has a Current Ratio of 2.07 as of Mar. 2026. This is near median its historical median of 1.93. Over the past decade, Draegerwerk AG KGaA's Current Ratio has ranged from 1.56 to 2.22. According to the industry distribution chart, Draegerwerk AG KGaA ranks #515 out of 855 companies in the Medical Devices & Instruments industry, placing it in the top 60.2%.
Is Draegerwerk AG KGaA's Current Ratio too high?
Draegerwerk AG KGaA's current Current Ratio of 2.07 is near median its 10-year median of 1.93. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 2.22. The Medical Devices & Instruments industry median Current Ratio is 2.49. Draegerwerk AG KGaA's value of 2.07 is 16.9% below this industry median. Based on the distribution chart, Draegerwerk AG KGaA ranks #515 out of 855 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Draegerwerk AG KGaA has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Draegerwerk AG KGaA's Current Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Draegerwerk AG KGaA ranks #515 out of 855 companies for Current Ratio. This places Draegerwerk AG KGaA in the lower half of its industry. The industry median Current Ratio is 2.49. Draegerwerk AG KGaA's value of 2.07 is 16.9% below this benchmark. Historically, Draegerwerk AG KGaA's own Current Ratio has ranged from 1.56 to 2.22 over the past decade. While the company's 10-year median is 1.93 vs. the industry median of 2.49, Draegerwerk AG KGaA has consistently been below 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 Medical Devices & Instruments company?
The median Current Ratio among Medical Devices & Instruments companies is 2.49, based on 855 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. Draegerwerk AG KGaA's current Current Ratio of 2.07 is 16.9% below 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 Medical Devices & Instruments industry, the median Current Ratio is 2.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Draegerwerk AG KGaA's current Current Ratio is 2.07, which is near median its own 10-year median of 1.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Draegerwerk AG KGaA stock overvalued right now?
Based on GuruFocus' analysis, Draegerwerk AG KGaA (HAM:DRW8) is currently considered Significantly Overvalued. The stock's GF Value™ is €47.88, compared to a current price of €71.00 — trading 48.3% above its estimated fair value. The current Current Ratio is 2.07, which is near median its 10-year median of 1.93 and 16.9% below the Medical Devices & Instruments industry median of 2.49. Draegerwerk AG KGaA's overall GF Score™ is 75/100 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 Draegerwerk AG KGaA (HAM:DRW8), the current Current Ratio is 2.07 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 Draegerwerk AG KGaA (HAM:DRW8) Overvalued in 2026?
Based on GuruFocus' analysis, Draegerwerk AG KGaA stock appears to be overvalued.
The current stock price of €71.00 is trading 48.3% above its estimated GF Value™ of €47.88.
GuruFocus considers Draegerwerk AG KGaA to be Significantly Overvalued.
Key valuation signals for HAM:DRW8:
Current Ratio: 2.07 (near median its 10-year median of 1.93)
GF Value™: €47.88 vs. price of €71.00 (48.3% above fair value)
Industry Position: 16.9% below the Medical Devices & Instruments median (#515 of 855)
No single metric tells the full story. See the HAM:DRW8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Draegerwerk AG & Co KGaA develops medical and safety equipment for clinical and industrial applications. The firm operates in two segments: medical and safety. The medical division contributes the majority of revenue, it develops and produces system solutions, equipment, and services for the acute point of care, it has five business units Therapy, Hospital Consumables & Accessories, Workplace Infrastructure, Monitoring, and Data Business. Its safety division develops and produces devices, system solutions, and services for personal protection, gas detection, and integrated hazard management. Its geographical segments are Europe; Germany; the Americas; Africa, Asia, and Australia.
75GF Score
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