PNE Industries (SGX:BDA) Current Ratio: 6.55 (As of Mar. 2026) — 18% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SGX:BDA PNE Industries Ltd SGX:BDA
46 GF Score
Price S$0.41
GF Value S$0.54
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is PNE Industries Current Ratio?

PNE Industries SGX:BDA -4.65% 46 Current Ratio is 6.55 as of Mar. 2026, which is 18% above its 10-year median of 5.56. GuruFocus rates SGX:BDA with a GF Score™ of 46/100 and a GF Value™ of S$0.54 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,499 Hardware companies, PNE Industries ranks better than 90.88% 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. PNE Industries's current ratio for the quarter that ended in Mar. 2026 was 6.55.

PNE Industries has a current ratio of 6.55. 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 PNE Industries's Current Ratio or its related term are showing as below:

SGX:BDA' s Current Ratio Range Over the Past 10 Years
Min: 3.99   Med: 5.56   Max: 6.55
Current: 6.55

During the past 13 years, PNE Industries's highest Current Ratio was 6.55. The lowest was 3.99. And the median was 5.56.

SGX:BDA's Current Ratio is ranked better than
90.88% of 2499 companies
in the Hardware industry
Industry Median: 1.97 vs SGX:BDA: 6.55

PNE Industries  (SGX:BDA) 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.


PNE Industries Current Ratio Related Terms


PNE Industries Current Ratio Historical Data

* Premium members only.

The historical data trend for PNE Industries'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.

PNE Industries Current Ratio Chart

PNE Industries Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.89 6.32 6.13 5.44 5.18

PNE Industries 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 6.53 5.44 5.46 5.18 6.55

SGX:BDA vs APH, GLW, TEL: Current Ratio Comparison

For the Electronic Components subindustry, PNE Industries'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.


PNE Industries Current Ratio vs Hardware Industry

For the Hardware industry and Technology sector, PNE Industries's Current Ratio distribution charts can be found below:

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


SGX:BDA
46GF Score
PNE Industries Ltd SGX:BDA
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PNE Industries 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.

PNE Industries's Current Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Current Ratio (A: Sep. 2025 )=Total Current Assets (A: Sep. 2025 )/Total Current Liabilities (A: Sep. 2025 )
=71.018/13.717
=5.18

PNE Industries'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 )
=67.452/10.301
=6.55

* 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 6.55 mean?
PNE Industries (SGX:BDA) has a Current Ratio of 6.55 as of Mar. 2026. This is 18% above median its historical median of 5.56. Over the past decade, PNE Industries' Current Ratio has ranged from 3.99 to 6.55. According to the industry distribution chart, PNE Industries ranks #228 out of 2499 companies in the Hardware industry, placing it in the top 9.1%.
Is PNE Industries' Current Ratio too high?
PNE Industries' current Current Ratio of 6.55 is 18% above median its 10-year median of 5.56. Over the past 10 years, this metric has ranged from a low of 3.99 to a high of 6.55. The Hardware industry median Current Ratio is 1.97. PNE Industries' value of 6.55 is 232.5% above this industry median. Based on the distribution chart, PNE Industries ranks #228 out of 2499 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, PNE Industries has a GF Score™ of 46/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PNE Industries' Current Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, PNE Industries ranks #228 out of 2499 companies for Current Ratio. This places PNE Industries in the top 9% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.97. PNE Industries' value of 6.55 is 232.5% above this benchmark. Historically, PNE Industries' own Current Ratio has ranged from 3.99 to 6.55 over the past decade. While the company's 10-year median is 5.56 vs. the industry median of 1.97, PNE Industries 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. PNE Industries's current Current Ratio of 6.55 is 232.5% 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. PNE Industries's current Current Ratio is 6.55, which is 18% above median its own 10-year median of 5.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PNE Industries stock overvalued right now?
Based on GuruFocus' analysis, PNE Industries (SGX:BDA) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.54, compared to a current price of S$0.41 — trading 24.1% below its estimated fair value. The current Current Ratio is 6.55, which is 18% above median its 10-year median of 5.56 and 232.5% above the Hardware industry median of 1.97. PNE Industries' overall GF Score™ is 46/100 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 PNE Industries (SGX:BDA), the current Current Ratio is 6.55 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 PNE Industries (SGX:BDA) Overvalued in 2026?

Based on GuruFocus' analysis, PNE Industries stock appears to be undervalued. The current stock price of S$0.41 is trading 24.1% below its estimated GF Value™ of S$0.54. GuruFocus considers PNE Industries to be Modestly Undervalued.

Key valuation signals for SGX:BDA:

  • Current Ratio: 6.55 (18% above median its 10-year median of 5.56)
  • GF Value™: S$0.54 vs. price of S$0.41 (24.1% below fair value)
  • GF Score™: 46/100 with 4 warning signs
  • Industry Position: 232.5% above the Hardware median (#228 of 2499)

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


PNE Industries Business Description

Address 996 Bendemeer Road, No. 07-06, Singapore, SGP, 339944
PNE Industries Ltd is an investment holding company and provision of management services. Its business operates in two segments. The Contract Manufacturing segment includes the manufacturing of electronic controllers and other electrical and electronic products. The Trading segment operates in the manufacturing and trading of emergency lighting equipment and related products. The Contract Manufacturing segment generates maximum revenue for the company. Geographically the company exports its products to Romania, the Netherlands, Singapore, Europe, the People's Republic of China, Malaysia, and Other regions.
46GF Score

Get the complete analysis for SGX:BDA

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

S$0.41
Price
S$0.54
GF Value