New Era Electronics CoROCO:4909 45 Current Ratio is 19.27 as of Dec. 2025, which is 141% above its 10-year median of 8.00. GuruFocus rates ROCO:4909 with a GF Score™ of 45/100 and a GF Value™ of NT$12.32 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,499 Hardware companies, New Era Electronics Co ranks better than 98.52% 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. New Era Electronics Co's current ratio for the quarter that ended in Dec. 2025 was 19.27.
New Era Electronics Co has a current ratio of 19.27. 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 New Era Electronics Co's Current Ratio or its related term are showing as below:
ROCO:4909'
s Current Ratio Range Over the Past 10 Years
Min: 4.36 Med: 8 Max: 19.27
Current: 19.27
During the past 13 years, New Era Electronics Co's highest Current Ratio was 19.27. The lowest was 4.36. And the median was 8.00.
ROCO:4909's Current Ratio is ranked better than 98.52% of 2499
companies
in the Hardware industry
Industry Median: 1.97
vs ROCO:4909: 19.27
New Era Electronics Co (ROCO:4909) 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.
New Era Electronics Co Current Ratio Related Terms
New Era Electronics Co 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.
For the Electronic Components subindustry, New Era Electronics Co'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.
New Era Electronics Co Current Ratio vs Hardware Industry
For the Hardware industry and Technology sector, New Era Electronics Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where New Era Electronics Co'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.
New Era Electronics Co (ROCO:4909) has a Current Ratio of 19.27 as of Dec. 2025. This is 141% above median its historical median of 8.00. Over the past decade, New Era Electronics Co's Current Ratio has ranged from 4.36 to 19.27. According to the industry distribution chart, New Era Electronics Co ranks #37 out of 2499 companies in the Hardware industry, placing it in the top 1.5%.
Is New Era Electronics Co's Current Ratio too high?
New Era Electronics Co's current Current Ratio of 19.27 is 141% above median its 10-year median of 8.00. Over the past 10 years, this metric has ranged from a low of 4.36 to a high of 19.27. The Hardware industry median Current Ratio is 1.97. New Era Electronics Co's value of 19.27 is 878.2% above this industry median. Based on the distribution chart, New Era Electronics Co ranks #37 out of 2499 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, New Era Electronics Co has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does New Era Electronics Co's Current Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, New Era Electronics Co ranks #37 out of 2499 companies for Current Ratio. This places New Era Electronics Co in the top 2% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.97. New Era Electronics Co's value of 19.27 is 878.2% above this benchmark. Historically, New Era Electronics Co's own Current Ratio has ranged from 4.36 to 19.27 over the past decade. While the company's 10-year median is 8.00 vs. the industry median of 1.97, New Era Electronics Co 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 1.97, based on 2,499 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. New Era Electronics Co's current Current Ratio of 19.27 is 878.2% 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 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Era Electronics Co's current Current Ratio is 19.27, which is 141% above median its own 10-year median of 8.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Era Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, New Era Electronics Co (ROCO:4909) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$12.32, compared to a current price of NT$42.10 — trading 241.7% above its estimated fair value. The current Current Ratio is 19.27, which is 141% above median its 10-year median of 8.00 and 878.2% above the Hardware industry median of 1.97. New Era Electronics Co's overall GF Score™ is 45/100 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 New Era Electronics Co (ROCO:4909), the current Current Ratio is 19.27 as of Dec. 2025. 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 New Era Electronics Co (ROCO:4909) Overvalued in 2026?
Based on GuruFocus' analysis, New Era Electronics Co stock appears to be overvalued.
The current stock price of NT$42.10 is trading 241.7% above its estimated GF Value™ of NT$12.32.
GuruFocus considers New Era Electronics Co to be Significantly Overvalued.
Key valuation signals for ROCO:4909:
Current Ratio: 19.27 (141% above median its 10-year median of 8.00)
GF Value™: NT$12.32 vs. price of NT$42.10 (241.7% above fair value)
Industry Position: 878.2% above the Hardware median (#37 of 2499)
No single metric tells the full story. See the ROCO:4909 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Era Electronics Co Ltd is a Taiwan-based company that engages in the manufacture, and sale of printed circuit boards (PCB). The company is also engaged in the import and export of electronic products, electronic component manufacturing, telecommunications construction, wholesale of telecommunications apparatus, and wholesale and retail sales of electronic materials. The products of the company include high-frequency (HF) microwave communication substrates and printed circuit boards (PCBs).
45GF Score
Get the complete analysis for ROCO:4909
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