First Property Group (LSE:FPO) Current Ratio: 2.56 (As of Mar. 2026) — 68% Above Median


LSE:FPO First Property Group PLC LSE:FPO
45 GF Score
Price £0.13
GF Value £0.16
Valuation Modestly Undervalued
! 4 Warning Signs
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What is First Property Group Current Ratio?

First Property Group LSE:FPO -1.85% 45 Current Ratio is 2.56 as of Mar. 2026, which is 68% above its 10-year median of 1.52. GuruFocus rates LSE:FPO with a GF Score™ of 45/100 and a GF Value™ of £0.16 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,794 Real Estate companies, First Property Group ranks better than 70.35% 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. First Property Group's current ratio for the quarter that ended in Mar. 2026 was 2.56.

First Property Group has a current ratio of 2.56. It generally indicates good short-term financial strength.

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

LSE:FPO' s Current Ratio Range Over the Past 10 Years
Min: 0.46   Med: 1.52   Max: 2.56
Current: 2.56

During the past 13 years, First Property Group's highest Current Ratio was 2.56. The lowest was 0.46. And the median was 1.52.

LSE:FPO's Current Ratio is ranked better than
70.35% of 1794 companies
in the Real Estate industry
Industry Median: 1.7 vs LSE:FPO: 2.56

First Property Group  (LSE:FPO) 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.


First Property Group Current Ratio Related Terms


First Property Group Current Ratio Historical Data

* Premium members only.

The historical data trend for First Property Group'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.

First Property Group Current Ratio Chart

First Property Group 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 2.28 1.83 0.52 0.46 2.56

First Property Group 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 0.52 0.48 0.46 1.79 2.56

LSE:FPO vs CBRE, BEKE, JLL: Current Ratio Comparison

For the Real Estate Services subindustry, First Property Group'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.


First Property Group Current Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, First Property Group's Current Ratio distribution charts can be found below:

* The bar in red indicates where First Property Group's Current Ratio falls into.


LSE:FPO
45GF Score
First Property Group PLC LSE:FPO
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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First Property Group 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.

First Property Group'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 )
=11.602/4.535
=2.56

First Property Group'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 )
=11.602/4.535
=2.56

* 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 2.56 mean?
First Property Group (LSE:FPO) has a Current Ratio of 2.56 as of Mar. 2026. This is 68% above median its historical median of 1.52. Over the past decade, First Property Group's Current Ratio has ranged from 0.46 to 2.56. According to the industry distribution chart, First Property Group ranks #532 out of 1794 companies in the Real Estate industry, placing it in the top 29.7%.
Is First Property Group's Current Ratio too high?
First Property Group's current Current Ratio of 2.56 is 68% above median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 2.56. The Real Estate industry median Current Ratio is 1.70. First Property Group's value of 2.56 is 50.6% above this industry median. Based on the distribution chart, First Property Group ranks #532 out of 1794 companies in the Real Estate industry, which is above the industry midpoint. Overall, First Property Group has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does First Property Group's Current Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, First Property Group ranks #532 out of 1794 companies for Current Ratio. This puts First Property Group in the upper half of its industry. The industry median Current Ratio is 1.70. First Property Group's value of 2.56 is 50.6% above this benchmark. Historically, First Property Group's own Current Ratio has ranged from 0.46 to 2.56 over the past decade. While the company's 10-year median is 1.52 vs. the industry median of 1.70, First Property Group 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 Real Estate company?
The median Current Ratio among Real Estate companies is 1.70, based on 1,794 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. First Property Group's current Current Ratio of 2.56 is 50.6% 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 Real Estate industry, the median Current Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Property Group's current Current Ratio is 2.56, which is 68% above median its own 10-year median of 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Property Group stock overvalued right now?
Based on GuruFocus' analysis, First Property Group (LSE:FPO) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.16, compared to a current price of £0.13 — trading 17.2% below its estimated fair value. The current Current Ratio is 2.56, which is 68% above median its 10-year median of 1.52 and 50.6% above the Real Estate industry median of 1.70. First Property Group's overall GF Score™ is 45/100 with 4 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 First Property Group (LSE:FPO), the current Current Ratio is 2.56 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 First Property Group (LSE:FPO) Overvalued in 2026?

Based on GuruFocus' analysis, First Property Group stock appears to be undervalued. The current stock price of £0.13 is trading 17.2% below its estimated GF Value™ of £0.16. GuruFocus considers First Property Group to be Modestly Undervalued.

Key valuation signals for LSE:FPO:

  • Current Ratio: 2.56 (68% above median its 10-year median of 1.52)
  • GF Value™: £0.16 vs. price of £0.13 (17.2% below fair value)
  • GF Score™: 45/100 with 4 warning signs
  • Industry Position: 50.6% above the Real Estate median (#532 of 1794)

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


First Property Group Business Description

Address 32 St James’s Street, London, GBR, SW1A 1HD
First Property Group PLC is a property fund manager and investor with operations in the United Kingdom and Central Europe mainly in Poland. The company is organized into three segments including Property Fund Management, Group Properties, and the Associates and Investments. It generates the majority of its revenue from the Group Properties segment. The Group Properties segment comprises the revenues and profits from its trading in its properties including rental and service charge income from the properties owned by the company.
45GF Score

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

£0.13
Price
£0.16
GF Value