Alexander Forbes Group Holdings (JSE:AFH) Current Ratio: 2.98 (As of Mar. 2026) — 30% Below Median


JSE:AFH Alexander Forbes Group Holdings Ltd JSE:AFH
68 GF Score
Price R7.50
GF Value R8.61
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Alexander Forbes Group Holdings Current Ratio?

Alexander Forbes Group Holdings JSE:AFH 68 Current Ratio is 2.98 as of Mar. 2026, which is 30% below its 10-year median of 4.25. GuruFocus rates JSE:AFH with a GF Score™ of 68/100 and a GF Value™ of R8.61 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 502 Diversified Financial Services companies, Alexander Forbes Group Holdings ranks worse than 51.2% 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. Alexander Forbes Group Holdings's current ratio for the quarter that ended in Mar. 2026 was 2.98.

Alexander Forbes Group Holdings has a current ratio of 2.98. It generally indicates good short-term financial strength.

The historical rank and industry rank for Alexander Forbes Group Holdings's Current Ratio or its related term are showing as below:

JSE:AFH' s Current Ratio Range Over the Past 10 Years
Min: 1.71   Med: 4.25   Max: 10.64
Current: 2.98

During the past 13 years, Alexander Forbes Group Holdings's highest Current Ratio was 10.64. The lowest was 1.71. And the median was 4.25.

JSE:AFH's Current Ratio is ranked worse than
51.2% of 502 companies
in the Diversified Financial Services industry
Industry Median: 3.19 vs JSE:AFH: 2.98

Alexander Forbes Group Holdings  (JSE:AFH) 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.


Alexander Forbes Group Holdings Current Ratio Related Terms


Alexander Forbes Group Holdings Current Ratio Historical Data

* Premium members only.

The historical data trend for Alexander Forbes 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.

Alexander Forbes Group Holdings Current Ratio Chart

Alexander Forbes 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 6.16 7.52 10.64 8.86 2.98

Alexander Forbes 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 10.64 2.87 8.86 3.12 2.98

JSE:AFH vs VOYA, FRHC: Current Ratio Comparison

For the Financial Conglomerates subindustry, Alexander Forbes 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.


Alexander Forbes Group Holdings Current Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Alexander Forbes Group Holdings's Current Ratio distribution charts can be found below:

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


JSE:AFH
68GF Score
Alexander Forbes Group Holdings Ltd JSE:AFH
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alexander Forbes 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.

Alexander Forbes 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 )
=3823/1285
=2.98

Alexander Forbes 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 )
=3823/1285
=2.98

* 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 2.98 mean?
Alexander Forbes Group Holdings (JSE:AFH) has a Current Ratio of 2.98 as of Mar. 2026. This is 30% below median its historical median of 4.25. Over the past decade, Alexander Forbes Group Holdings' Current Ratio has ranged from 1.71 to 10.64. According to the industry distribution chart, Alexander Forbes Group Holdings ranks #257 out of 502 companies in the Diversified Financial Services industry, placing it in the top 51.2%.
Is Alexander Forbes Group Holdings' Current Ratio too high?
Alexander Forbes Group Holdings' current Current Ratio of 2.98 is 30% below median its 10-year median of 4.25. Over the past 10 years, this metric has ranged from a low of 1.71 to a high of 10.64. The Diversified Financial Services industry median Current Ratio is 3.19. Alexander Forbes Group Holdings' value of 2.98 is 6.6% below this industry median. Based on the distribution chart, Alexander Forbes Group Holdings ranks #257 out of 502 companies in the Diversified Financial Services industry, which is below the industry midpoint. Overall, Alexander Forbes Group Holdings has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alexander Forbes Group Holdings' Current Ratio compare to VOYA and FRHC?
According to the Diversified Financial Services industry distribution chart, Alexander Forbes Group Holdings ranks #257 out of 502 companies for Current Ratio. This places Alexander Forbes Group Holdings in the lower half of its industry. The industry median Current Ratio is 3.19. Alexander Forbes Group Holdings' value of 2.98 is 6.6% below this benchmark. Historically, Alexander Forbes Group Holdings' own Current Ratio has ranged from 1.71 to 10.64 over the past decade. While the company's 10-year median is 4.25 vs. the industry median of 3.19, Alexander Forbes Group Holdings 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 Diversified Financial Services company?
The median Current Ratio among Diversified Financial Services companies is 3.19, based on 502 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. Alexander Forbes Group Holdings's current Current Ratio of 2.98 is 6.6% 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 Diversified Financial Services industry, the median Current Ratio is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alexander Forbes Group Holdings's current Current Ratio is 2.98, which is 30% below median its own 10-year median of 4.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alexander Forbes Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Alexander Forbes Group Holdings (JSE:AFH) is currently considered Modestly Undervalued. The stock's GF Value™ is R8.61, compared to a current price of R7.50 — trading 12.9% below its estimated fair value. The current Current Ratio is 2.98, which is 30% below median its 10-year median of 4.25 and 6.6% below the Diversified Financial Services industry median of 3.19. Alexander Forbes Group Holdings' overall GF Score™ is 68/100 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 Alexander Forbes Group Holdings (JSE:AFH), the current Current Ratio is 2.98 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 Alexander Forbes Group Holdings (JSE:AFH) Overvalued in 2026?

Based on GuruFocus' analysis, Alexander Forbes Group Holdings stock appears to be undervalued. The current stock price of R7.50 is trading 12.9% below its estimated GF Value™ of R8.61. GuruFocus considers Alexander Forbes Group Holdings to be Modestly Undervalued.

Key valuation signals for JSE:AFH:

  • Current Ratio: 2.98 (30% below median its 10-year median of 4.25)
  • GF Value™: R8.61 vs. price of R7.50 (12.9% below fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 6.6% below the Diversified Financial Services median (#257 of 502)

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


Alexander Forbes Group Holdings Business Description

Address 115 West Street, Sandown, Johannesburg, GT, ZAF, 2196
Alexander Forbes Group Holdings Ltd is a South Africa-based diversified financial services company. The company operates through seven segments: Retirement consulting, Healthcare consulting, Investments, Individual consulting, Multinational consulting, Solutions & Enablement, and Client Services & Business Optimization. Its services include Retirement consulting, Investments, Healthcare, Preservation funds, and Others. The company also offers online services.
68GF Score

Get the complete analysis for JSE:AFH

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

R7.50
Price
R8.61
GF Value