Nittoh (NGO:1738) Current Ratio: 2.08 (As of Mar. 2026) — Near Median


NGO:1738 Nittoh Corp NGO:1738
72 GF Score
Price 円576.00
GF Value 円595.25
Valuation Fairly Valued
! 3 Warning Signs
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What is Nittoh Current Ratio?

Nittoh NGO:1738 -0.86% 72 Current Ratio is 2.08 as of Mar. 2026, which is 6% above its 10-year median of 1.96. GuruFocus rates NGO:1738 with a GF Score™ of 72/100 and a GF Value™ of 円595.25 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,781 Construction companies, Nittoh ranks better than 69.51% 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. Nittoh's current ratio for the quarter that ended in Mar. 2026 was 2.08.

Nittoh has a current ratio of 2.08. It generally indicates good short-term financial strength.

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

NGO:1738' s Current Ratio Range Over the Past 10 Years
Min: 1.84   Med: 1.96   Max: 2.39
Current: 2.08

During the past 13 years, Nittoh's highest Current Ratio was 2.39. The lowest was 1.84. And the median was 1.96.

NGO:1738's Current Ratio is ranked better than
69.51% of 1781 companies
in the Construction industry
Industry Median: 1.58 vs NGO:1738: 2.08

Nittoh  (NGO:1738) 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.


Nittoh Current Ratio Related Terms


Nittoh Current Ratio Historical Data

* Premium members only.

The historical data trend for Nittoh'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.

Nittoh Current Ratio Chart

Nittoh 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 1.86 1.96 1.95 2.01 2.08

Nittoh 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 1.95 1.92 2.01 2.02 2.08

NGO:1738 vs PWR, FIX, EME: Current Ratio Comparison

For the Engineering & Construction subindustry, Nittoh'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.


Nittoh Current Ratio vs Construction Industry

For the Construction industry and Industrials sector, Nittoh's Current Ratio distribution charts can be found below:

* The bar in red indicates where Nittoh's Current Ratio falls into.


NGO:1738
72GF Score
Nittoh Corp NGO:1738
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nittoh 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.

Nittoh'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 )
=4079.592/1961.922
=2.08

Nittoh'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 )
=4079.592/1961.922
=2.08

* 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 2.08 mean?
Nittoh (NGO:1738) has a Current Ratio of 2.08 as of Mar. 2026. This is near median its historical median of 1.96. Over the past decade, Nittoh's Current Ratio has ranged from 1.84 to 2.39. According to the industry distribution chart, Nittoh ranks #543 out of 1781 companies in the Construction industry, placing it in the top 30.5%.
Is Nittoh's Current Ratio too high?
Nittoh's current Current Ratio of 2.08 is near median its 10-year median of 1.96. Over the past 10 years, this metric has ranged from a low of 1.84 to a high of 2.39. The Construction industry median Current Ratio is 1.58. Nittoh's value of 2.08 is 31.6% above this industry median. Based on the distribution chart, Nittoh ranks #543 out of 1781 companies in the Construction industry, which is above the industry midpoint. Overall, Nittoh has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nittoh's Current Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Nittoh ranks #543 out of 1781 companies for Current Ratio. This puts Nittoh in the upper half of its industry. The industry median Current Ratio is 1.58. Nittoh's value of 2.08 is 31.6% above this benchmark. Historically, Nittoh's own Current Ratio has ranged from 1.84 to 2.39 over the past decade. While the company's 10-year median is 1.96 vs. the industry median of 1.58, Nittoh 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 1,781 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. Nittoh's current Current Ratio of 2.08 is 31.6% 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 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. Nittoh's current Current Ratio is 2.08, which is near median its own 10-year median of 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nittoh stock overvalued right now?
Based on GuruFocus' analysis, Nittoh (NGO:1738) is currently considered Fairly Valued. The stock's GF Value™ is 円595.25, compared to a current price of 円576.00 — trading 3.2% below its estimated fair value. The current Current Ratio is 2.08, which is near median its 10-year median of 1.96 and 31.6% above the Construction industry median of 1.58. Nittoh's overall GF Score™ is 72/100 with 3 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 Nittoh (NGO:1738), the current Current Ratio is 2.08 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 Nittoh (NGO:1738) Overvalued in 2026?

Based on GuruFocus' analysis, Nittoh stock appears to be undervalued. The current stock price of 円576.00 is trading 3.2% below its estimated GF Value™ of 円595.25. GuruFocus considers Nittoh to be Fairly Valued.

Key valuation signals for NGO:1738:

  • Current Ratio: 2.08 (near median its 10-year median of 1.96)
  • GF Value™: 円595.25 vs. price of 円576.00 (3.2% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 31.6% above the Construction median (#543 of 1781)

No single metric tells the full story. See the NGO:1738 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nittoh Business Description

Address 3-1-8 Hirokawacho, Nakagawa-ku, Nagoya, JPN, 454-0027
NITTOH Corp is engaged in civil engineering work. Its services include renovation business, new construction business, renewal construction business, equipment business, waterproofing business, and real estate business. The company also provides house maintenance services including pest and vermin control and house cleaning services.
72GF Score

Get the complete analysis for NGO:1738

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

円576.00
Price
円595.25
GF Value