Zyxel GroupTPE:3704 -4.94%74 Current Ratio is 1.84 as of Dec. 2025, which is 1% below its 10-year median of 1.86. GuruFocus rates TPE:3704 with a GF Score™ of 74/100 and a GF Value™ of NT$36.81 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,495 Hardware companies, Zyxel Group ranks worse than 54.03% 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. Zyxel Group's current ratio for the quarter that ended in Dec. 2025 was 1.84.
Zyxel Group has a current ratio of 1.84. It generally indicates good short-term financial strength.
The historical rank and industry rank for Zyxel Group's Current Ratio or its related term are showing as below:
TPE:3704'
s Current Ratio Range Over the Past 10 Years
Min: 1.5 Med: 1.86 Max: 2.21
Current: 1.84
During the past 13 years, Zyxel Group's highest Current Ratio was 2.21. The lowest was 1.50. And the median was 1.86.
TPE:3704's Current Ratio is ranked worse than 54.03% of 2495
companies
in the Hardware industry
Industry Median: 1.96
vs TPE:3704: 1.84
Zyxel Group (TPE:3704) 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.
Zyxel Group Current Ratio Related Terms
Zyxel Group Current Ratio Historical Data
* Premium members only.
The historical data trend for Zyxel Group'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.
TPE:3704 vs CSCO, CIEN, MSI: Current Ratio Comparison
For the Communication Equipment subindustry, Zyxel Group'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.
Zyxel Group Current Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Zyxel Group's Current Ratio distribution charts can be found below:
* The bar in red indicates where Zyxel Group'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.
Zyxel Group (TPE:3704) has a Current Ratio of 1.84 as of Dec. 2025. This is near median its historical median of 1.86. Over the past decade, Zyxel Group's Current Ratio has ranged from 1.50 to 2.21. According to the industry distribution chart, Zyxel Group ranks #1348 out of 2495 companies in the Hardware industry, placing it in the top 54%.
Is Zyxel Group's Current Ratio too high?
Zyxel Group's current Current Ratio of 1.84 is near median its 10-year median of 1.86. Over the past 10 years, this metric has ranged from a low of 1.50 to a high of 2.21. The Hardware industry median Current Ratio is 1.96. Zyxel Group's value of 1.84 is 6.1% below this industry median. Based on the distribution chart, Zyxel Group ranks #1348 out of 2495 companies in the Hardware industry, which is below the industry midpoint. Overall, Zyxel Group has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zyxel Group's Current Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Zyxel Group ranks #1348 out of 2495 companies for Current Ratio. This places Zyxel Group in the lower half of its industry. The industry median Current Ratio is 1.96. Zyxel Group's value of 1.84 is 6.1% below this benchmark. Historically, Zyxel Group's own Current Ratio has ranged from 1.50 to 2.21 over the past decade. While the company's 10-year median is 1.86 vs. the industry median of 1.96, Zyxel Group 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 a Hardware company?
The median Current Ratio among Hardware companies is 1.96, based on 2,495 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. Zyxel Group's current Current Ratio of 1.84 is 6.1% 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 Hardware 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. Zyxel Group's current Current Ratio is 1.84, which is near median its own 10-year median of 1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zyxel Group stock overvalued right now?
Based on GuruFocus' analysis, Zyxel Group (TPE:3704) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$36.81, compared to a current price of NT$44.25 — trading 20.2% above its estimated fair value. The current Current Ratio is 1.84, which is near median its 10-year median of 1.86 and 6.1% below the Hardware industry median of 1.96. Zyxel Group's overall GF Score™ is 74/100 with 2 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 Zyxel Group (TPE:3704), the current Current Ratio is 1.84 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 Zyxel Group (TPE:3704) Overvalued in 2026?
Based on GuruFocus' analysis, Zyxel Group stock appears to be overvalued.
The current stock price of NT$44.25 is trading 20.2% above its estimated GF Value™ of NT$36.81.
GuruFocus considers Zyxel Group to be Modestly Overvalued.
Key valuation signals for TPE:3704:
Current Ratio: 1.84 (near median its 10-year median of 1.86)
GF Value™: NT$36.81 vs. price of NT$44.25 (20.2% above fair value)
Industry Position: 6.1% below the Hardware median (#1348 of 2495)
No single metric tells the full story. See the TPE:3704 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zyxel Group Corp is a Taiwan-based company that offers communications and networking products. It produces wifi systems, wireless extenders, home routers, cloud access cameras, switches, power and adapters, personal cloud storage, and security appliances and services. Geographically, it covers the United States, France, and other countries. It has four reportable segments: brand business segment, channel business segment, product business segment, and investment segment.
74GF Score
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