Euro Group Laminations SpAMIL:EGLA +2.60%59 Current Ratio is 1.46 as of Mar. 2026, which is 8% below its 10-year median of 1.59. GuruFocus rates MIL:EGLA with a GF Score™ of 59/100 and a GF Value™ of €3.15 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 3,073 Industrial Products companies, Euro Group Laminations SpA ranks worse than 71.14% 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. Euro Group Laminations SpA's current ratio for the quarter that ended in Mar. 2026 was 1.46.
Euro Group Laminations SpA has a current ratio of 1.46. It generally indicates good short-term financial strength.
The historical rank and industry rank for Euro Group Laminations SpA's Current Ratio or its related term are showing as below:
MIL:EGLA'
s Current Ratio Range Over the Past 10 Years
Min: 1.11 Med: 1.59 Max: 1.79
Current: 1.46
During the past 7 years, Euro Group Laminations SpA's highest Current Ratio was 1.79. The lowest was 1.11. And the median was 1.59.
MIL:EGLA's Current Ratio is ranked worse than 71.14% of 3073
companies
in the Industrial Products industry
Industry Median: 1.96
vs MIL:EGLA: 1.46
Euro Group Laminations SpA (MIL:EGLA) 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.
Euro Group Laminations SpA Current Ratio Related Terms
Euro Group Laminations SpA Current Ratio Historical Data
* 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.
MIL:EGLA vs GEV, ETN, PH: Current Ratio Comparison
For the Specialty Industrial Machinery subindustry, Euro Group Laminations SpA'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.
Euro Group Laminations SpA Current Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Euro Group Laminations SpA's Current Ratio distribution charts can be found below:
* The bar in red indicates where Euro Group Laminations SpA'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.
Euro Group Laminations SpA (MIL:EGLA) has a Current Ratio of 1.46 as of Mar. 2026. This is near median its historical median of 1.59. Over the past decade, Euro Group Laminations SpA's Current Ratio has ranged from 1.11 to 1.79. According to the industry distribution chart, Euro Group Laminations SpA ranks #2186 out of 3073 companies in the Industrial Products industry, placing it in the top 71.1%.
Is Euro Group Laminations SpA's Current Ratio too high?
Euro Group Laminations SpA's current Current Ratio of 1.46 is near median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 1.79. The Industrial Products industry median Current Ratio is 1.96. Euro Group Laminations SpA's value of 1.46 is 25.5% below this industry median. Based on the distribution chart, Euro Group Laminations SpA ranks #2186 out of 3073 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Euro Group Laminations SpA has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Euro Group Laminations SpA's Current Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Euro Group Laminations SpA ranks #2186 out of 3073 companies for Current Ratio. This places Euro Group Laminations SpA in the lower half of its industry. The industry median Current Ratio is 1.96. Euro Group Laminations SpA's value of 1.46 is 25.5% below this benchmark. Historically, Euro Group Laminations SpA's own Current Ratio has ranged from 1.11 to 1.79 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 1.96, Euro Group Laminations SpA 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 an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,073 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. Euro Group Laminations SpA's current Current Ratio of 1.46 is 25.5% 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 Industrial Products 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. Euro Group Laminations SpA's current Current Ratio is 1.46, which is near median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Euro Group Laminations SpA stock overvalued right now?
Based on GuruFocus' analysis, Euro Group Laminations SpA (MIL:EGLA) is currently considered Possible Value Trap. The stock's GF Value™ is €3.15, compared to a current price of €0.91 — trading 71.2% below its estimated fair value. The current Current Ratio is 1.46, which is near median its 10-year median of 1.59 and 25.5% below the Industrial Products industry median of 1.96. Euro Group Laminations SpA's overall GF Score™ is 59/100 with 9 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 Euro Group Laminations SpA (MIL:EGLA), the current Current Ratio is 1.46 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 Euro Group Laminations SpA (MIL:EGLA) Overvalued in 2026?
Based on GuruFocus' analysis, Euro Group Laminations SpA stock appears to be undervalued.
The current stock price of €0.91 is trading 71.2% below its estimated GF Value™ of €3.15.
GuruFocus considers Euro Group Laminations SpA to be Possible Value Trap.
Key valuation signals for MIL:EGLA:
Current Ratio: 1.46 (near median its 10-year median of 1.59)
GF Value™: €3.15 vs. price of €0.91 (71.2% below fair value)
Industry Position: 25.5% below the Industrial Products median (#2186 of 3073)
No single metric tells the full story. See the MIL:EGLA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Euro Group Laminations SpA develops and produces stators and rotors for rotating electrical machines and large electric motors. The group is organized into two operating segments: E-mobility solutions and Industrial & Infrastructure solutions. The company generates the majority of its revenue from the E-mobility solutions segment. E-mobility solutions operate mainly in the electric automotive sector and in general in all applications related to the automotive sector. Industrial & Infrastructure solutions produces components mainly for the following product lines: home, logistics, energy, pumps, HVAC, tools, and diversified industrial.
59GF Score
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