Noble Engineering Group Holdings (HKSE:08445) Current Ratio: 4.82 (As of Mar. 2026) — 10% Below Median

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HKSE:08445 Noble Engineering Group Holdings Ltd HKSE:08445
41 GF Score
Price HK$0.12
GF Value HK$0.14
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Noble Engineering Group Holdings Current Ratio?

Noble Engineering Group Holdings HKSE:08445 +9.09% 41 Current Ratio is 4.82 as of Mar. 2026, which is 10% below its 10-year median of 5.36. GuruFocus rates HKSE:08445 with a GF Score™ of 41/100 and a GF Value™ of HK$0.14 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,784 Construction companies, Noble Engineering Group Holdings ranks better than 93.5% 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. Noble Engineering Group Holdings's current ratio for the quarter that ended in Mar. 2026 was 4.82.

Noble Engineering Group Holdings has a current ratio of 4.82. 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 Noble Engineering Group Holdings's Current Ratio or its related term are showing as below:

HKSE:08445' s Current Ratio Range Over the Past 10 Years
Min: 1.59   Med: 5.36   Max: 9.28
Current: 4.82

During the past 11 years, Noble Engineering Group Holdings's highest Current Ratio was 9.28. The lowest was 1.59. And the median was 5.36.

HKSE:08445's Current Ratio is ranked better than
93.5% of 1784 companies
in the Construction industry
Industry Median: 1.58 vs HKSE:08445: 4.82

Noble Engineering Group Holdings  (HKSE:08445) 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.


Noble Engineering Group Holdings Current Ratio Related Terms


Noble Engineering Group Holdings Current Ratio Historical Data

* Premium members only.

The historical data trend for Noble Engineering Group Holdings'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.

Noble Engineering Group Holdings Current Ratio Chart

Noble Engineering Group Holdings 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 6.00 4.44 4.21 5.90 4.82

Noble Engineering Group Holdings 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 4.21 4.49 5.90 4.84 4.82

HKSE:08445 vs PWR, FIX, EME: Current Ratio Comparison

For the Engineering & Construction subindustry, Noble Engineering Group Holdings'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.


Noble Engineering Group Holdings Current Ratio vs Construction Industry

For the Construction industry and Industrials sector, Noble Engineering Group Holdings's Current Ratio distribution charts can be found below:

* The bar in red indicates where Noble Engineering Group Holdings's Current Ratio falls into.


HKSE:08445
41GF Score
Noble Engineering Group Holdings Ltd HKSE:08445
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Noble Engineering Group Holdings 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.

Noble Engineering Group Holdings'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 )
=84.802/17.588
=4.82

Noble Engineering Group Holdings'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 )
=84.802/17.588
=4.82

* 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 4.82 mean?
Noble Engineering Group Holdings (HKSE:08445) has a Current Ratio of 4.82 as of Mar. 2026. This is 10% below median its historical median of 5.36. Over the past decade, Noble Engineering Group Holdings' Current Ratio has ranged from 1.59 to 9.28. According to the industry distribution chart, Noble Engineering Group Holdings ranks #116 out of 1784 companies in the Construction industry, placing it in the top 6.5%.
Is Noble Engineering Group Holdings' Current Ratio too high?
Noble Engineering Group Holdings' current Current Ratio of 4.82 is 10% below median its 10-year median of 5.36. Over the past 10 years, this metric has ranged from a low of 1.59 to a high of 9.28. The Construction industry median Current Ratio is 1.58. Noble Engineering Group Holdings' value of 4.82 is 205.1% above this industry median. Based on the distribution chart, Noble Engineering Group Holdings ranks #116 out of 1784 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Noble Engineering Group Holdings has a GF Score™ of 41/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Noble Engineering Group Holdings' Current Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Noble Engineering Group Holdings ranks #116 out of 1784 companies for Current Ratio. This places Noble Engineering Group Holdings in the top 7% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.58. Noble Engineering Group Holdings' value of 4.82 is 205.1% above this benchmark. Historically, Noble Engineering Group Holdings' own Current Ratio has ranged from 1.59 to 9.28 over the past decade. While the company's 10-year median is 5.36 vs. the industry median of 1.58, Noble Engineering Group Holdings 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 1,784 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. Noble Engineering Group Holdings's current Current Ratio of 4.82 is 205.1% 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. Noble Engineering Group Holdings's current Current Ratio is 4.82, which is 10% below median its own 10-year median of 5.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noble Engineering Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Noble Engineering Group Holdings (HKSE:08445) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.14, compared to a current price of HK$0.12 — trading 14.3% below its estimated fair value. The current Current Ratio is 4.82, which is 10% below median its 10-year median of 5.36 and 205.1% above the Construction industry median of 1.58. Noble Engineering Group Holdings' overall GF Score™ is 41/100 with 2 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 Noble Engineering Group Holdings (HKSE:08445), the current Current Ratio is 4.82 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 Noble Engineering Group Holdings (HKSE:08445) Overvalued in 2026?

Based on GuruFocus' analysis, Noble Engineering Group Holdings stock appears to be undervalued. The current stock price of HK$0.12 is trading 14.3% below its estimated GF Value™ of HK$0.14. GuruFocus considers Noble Engineering Group Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:08445:

  • Current Ratio: 4.82 (10% below median its 10-year median of 5.36)
  • GF Value™: HK$0.14 vs. price of HK$0.12 (14.3% below fair value)
  • GF Score™: 41/100 with 2 warning signs
  • Industry Position: 205.1% above the Construction median (#116 of 1784)

No single metric tells the full story. See the HKSE:08445 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Noble Engineering Group Holdings Business Description

Address 889 Cheung Sha Wan Road, Room 9, 25th Floor, CRE Centre, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Noble Engineering Group Holdings Ltd performs wet trades works as a subcontractor in Hong Kong. It offers wet trades works solutions including tile-laying, bricklaying, plastering, floor screeding and marble works. Its services are provided to both the private sector and public sector for various building construction projects including residential, community facilities, public housing, and commercial development projects.
41GF Score

Get the complete analysis for HKSE:08445

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

HK$0.12
Price
HK$0.14
GF Value