First Hotel Co (TPE:2706) Current Ratio: 22.51 (As of Dec. 2025) — 10% Above Median


TPE:2706 First Hotel Co Ltd TPE:2706
85 GF Score
Price NT$12.55
GF Value NT$17.26
Valuation Modestly Undervalued
! 1 Warning Sign
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What is First Hotel Co Current Ratio?

First Hotel Co TPE:2706 85 Current Ratio is 22.51 as of Dec. 2025, which is 10% above its 10-year median of 20.52. GuruFocus rates TPE:2706 with a GF Score™ of 85/100 and a GF Value™ of NT$17.26 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,796 Real Estate companies, First Hotel Co ranks better than 97.05% 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. First Hotel Co's current ratio for the quarter that ended in Dec. 2025 was 22.51.

First Hotel Co has a current ratio of 22.51. 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 First Hotel Co's Current Ratio or its related term are showing as below:

TPE:2706' s Current Ratio Range Over the Past 10 Years
Min: 17.32   Med: 20.52   Max: 26.34
Current: 22.51

During the past 13 years, First Hotel Co's highest Current Ratio was 26.34. The lowest was 17.32. And the median was 20.52.

TPE:2706's Current Ratio is ranked better than
97.05% of 1796 companies
in the Real Estate industry
Industry Median: 1.7 vs TPE:2706: 22.51

First Hotel Co  (TPE:2706) 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.


First Hotel Co Current Ratio Related Terms


First Hotel Co Current Ratio Historical Data

* Premium members only.

The historical data trend for First Hotel Co'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.

First Hotel Co Current Ratio Chart

First Hotel Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.41 20.27 17.32 21.71 22.51

First Hotel Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 21.71 19.64 9.68 10.37 22.51

TPE:2706 vs CBRE, BEKE, JLL: Current Ratio Comparison

For the Real Estate Services subindustry, First Hotel 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.


First Hotel Co Current Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, First Hotel Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where First Hotel Co's Current Ratio falls into.


TPE:2706
85GF Score
First Hotel Co Ltd TPE:2706
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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First Hotel Co 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.

First Hotel Co's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=3074.54/136.564
=22.51

First Hotel Co's Current Ratio for the quarter that ended in Dec. 2025 is calculated as

Current Ratio (Q: Dec. 2025 )=Total Current Assets (Q: Dec. 2025 )/Total Current Liabilities (Q: Dec. 2025 )
=3074.54/136.564
=22.51

* 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 22.51 mean?
First Hotel Co (TPE:2706) has a Current Ratio of 22.51 as of Dec. 2025. This is 10% above median its historical median of 20.52. Over the past decade, First Hotel Co's Current Ratio has ranged from 17.32 to 26.34. According to the industry distribution chart, First Hotel Co ranks #53 out of 1796 companies in the Real Estate industry, placing it in the top 3%.
Is First Hotel Co's Current Ratio too high?
First Hotel Co's current Current Ratio of 22.51 is 10% above median its 10-year median of 20.52. Over the past 10 years, this metric has ranged from a low of 17.32 to a high of 26.34. The Real Estate industry median Current Ratio is 1.70. First Hotel Co's value of 22.51 is 1224.1% above this industry median. Based on the distribution chart, First Hotel Co ranks #53 out of 1796 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, First Hotel Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does First Hotel Co's Current Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, First Hotel Co ranks #53 out of 1796 companies for Current Ratio. This places First Hotel Co in the top 3% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.70. First Hotel Co's value of 22.51 is 1224.1% above this benchmark. Historically, First Hotel Co's own Current Ratio has ranged from 17.32 to 26.34 over the past decade. While the company's 10-year median is 20.52 vs. the industry median of 1.70, First Hotel 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 Real Estate company?
The median Current Ratio among Real Estate companies is 1.70, based on 1,796 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. First Hotel Co's current Current Ratio of 22.51 is 1224.1% 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 Real Estate industry, the median Current Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Hotel Co's current Current Ratio is 22.51, which is 10% above median its own 10-year median of 20.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Hotel Co stock overvalued right now?
Based on GuruFocus' analysis, First Hotel Co (TPE:2706) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$17.26, compared to a current price of NT$12.55 — trading 27.3% below its estimated fair value. The current Current Ratio is 22.51, which is 10% above median its 10-year median of 20.52 and 1224.1% above the Real Estate industry median of 1.70. First Hotel Co's overall GF Score™ is 85/100 with 1 warning sign 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 First Hotel Co (TPE:2706), the current Current Ratio is 22.51 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 First Hotel Co (TPE:2706) Overvalued in 2026?

Based on GuruFocus' analysis, First Hotel Co stock appears to be undervalued. The current stock price of NT$12.55 is trading 27.3% below its estimated GF Value™ of NT$17.26. GuruFocus considers First Hotel Co to be Modestly Undervalued.

Key valuation signals for TPE:2706:

  • Current Ratio: 22.51 (10% above median its 10-year median of 20.52)
  • GF Value™: NT$17.26 vs. price of NT$12.55 (27.3% below fair value)
  • GF Score™: 85/100 with 1 warning sign
  • Industry Position: 1224.1% above the Real Estate median (#53 of 1796)

No single metric tells the full story. See the TPE:2706 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Hotel Co Business Description

Address Nanjing East Road, No. 63, Section 2, Taipei, TWN
First Hotel Co Ltd is a Taiwan-based company, that engages in the operation and management of hotels. The reportable segments of the company are the Travel service segment which include tourist hotel service, and the Leasing segment which generates key revenue and includes Rent out commercial buildings. The company operates tourism hotels, which provide spaces for accommodation, catering, parties, fitness centers, and meeting rooms. Its leasing of commercial buildings business mainly includes the leasing of shopping malls. It also provides services like dining halls, restaurants, and online booking services.
85GF Score

Get the complete analysis for TPE:2706

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

NT$12.55
Price
NT$17.26
GF Value