KeyenceMEX:KEYN 100 Current Ratio is 10.54 as of Mar. 2026, which is at its 10-year median of 10.54. GuruFocus rates MEX:KEYN with a GF Score™ of 100/100 and a GF Value™ of MXN8,912.52 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,491 Hardware companies, Keyence ranks better than 95.66% 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. Keyence's current ratio for the quarter that ended in Mar. 2026 was 10.54.
Keyence has a current ratio of 10.54. 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 Keyence's Current Ratio or its related term are showing as below:
MEX:KEYN'
s Current Ratio Range Over the Past 10 Years
Min: 8.95 Med: 10.54 Max: 15.24
Current: 10.54
During the past 13 years, Keyence's highest Current Ratio was 15.24. The lowest was 8.95. And the median was 10.54.
MEX:KEYN's Current Ratio is ranked better than 95.66% of 2491
companies
in the Hardware industry
Industry Median: 1.96
vs MEX:KEYN: 10.54
Keyence (MEX:KEYN) 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.
Keyence Current Ratio Related Terms
Keyence Current Ratio Historical Data
* Premium members only.
The historical data trend for Keyence'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.
MEX:KEYN vs COHR, KEYS, GRMN: Current Ratio Comparison
For the Scientific & Technical Instruments subindustry, Keyence'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.
Keyence Current Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Keyence's Current Ratio distribution charts can be found below:
* The bar in red indicates where Keyence'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.
Keyence (MEX:KEYN) has a Current Ratio of 10.54 as of Mar. 2026. This is near median its historical median of 10.54. Over the past decade, Keyence's Current Ratio has ranged from 8.95 to 15.24. According to the industry distribution chart, Keyence ranks #108 out of 2491 companies in the Hardware industry, placing it in the top 4.3%.
Is Keyence's Current Ratio too high?
Keyence's current Current Ratio of 10.54 is near median its 10-year median of 10.54. Over the past 10 years, this metric has ranged from a low of 8.95 to a high of 15.24. The Hardware industry median Current Ratio is 1.96. Keyence's value of 10.54 is 437.8% above this industry median. Based on the distribution chart, Keyence ranks #108 out of 2491 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Keyence has a GF Score™ of 100/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Keyence's Current Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Keyence ranks #108 out of 2491 companies for Current Ratio. This places Keyence in the top 4% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.96. Keyence's value of 10.54 is 437.8% above this benchmark. Historically, Keyence's own Current Ratio has ranged from 8.95 to 15.24 over the past decade. While the company's 10-year median is 10.54 vs. the industry median of 1.96, Keyence 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 2,491 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. Keyence's current Current Ratio of 10.54 is 437.8% 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. Keyence's current Current Ratio is 10.54, which is near median its own 10-year median of 10.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keyence stock overvalued right now?
Based on GuruFocus' analysis, Keyence (MEX:KEYN) is currently considered Fairly Valued. The stock's GF Value™ is MXN8,912.52, compared to a current price of MXN8,631.00 — trading 3.2% below its estimated fair value. The current Current Ratio is 10.54, which is near median its 10-year median of 10.54 and 437.8% above the Hardware industry median of 1.96. Keyence's overall GF Score™ is 100/100 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 Keyence (MEX:KEYN), the current Current Ratio is 10.54 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 Keyence (MEX:KEYN) Overvalued in 2026?
Based on GuruFocus' analysis, Keyence stock appears to be undervalued.
The current stock price of MXN8,631.00 is trading 3.2% below its estimated GF Value™ of MXN8,912.52.
GuruFocus considers Keyence to be Fairly Valued.
Key valuation signals for MEX:KEYN:
Current Ratio: 10.54 (near median its 10-year median of 10.54)
GF Value™: MXN8,912.52 vs. price of MXN8,631.00 (3.2% below fair value)
Industry Position: 437.8% above the Hardware median (#108 of 2491)
No single metric tells the full story. See the MEX:KEYN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Keyence Corporation, founded in May 1974 by Takemitsu Takizaki and headquartered in Osaka, Japan, began as Lead Electric Co., Ltd. before rebranding to Keyence (derived from "KEY of sciENCE") in 1986. As a global leader in industrial automation, the company designs and manufactures a comprehensive range of high-precision products, including sensors (photoelectric, laser, proximity), machine vision systems, measurement instruments (laser displacement sensors, 3D scanners), control systems (PLCs, HMIs), laser markers, digital microscopes, and safety equipment.
100GF Score
Get the complete analysis for MEX:KEYN
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:KEYN has been successfully added to your 
