Candeal Co (TSE:1446) Current Ratio: 1.32 (As of Mar. 2026) — Near 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.

TSE:1446 Candeal Co Ltd TSE:1446
71 GF Score
Price 円539.00
GF Value 円670.85
Valuation Modestly Undervalued
View Full Analysis

What is Candeal Co Current Ratio?

Candeal Co TSE:1446 +0.37% 71 Current Ratio is 1.32 as of Mar. 2026, which is 7% below its 10-year median of 1.42. GuruFocus rates TSE:1446 with a GF Score™ of 71/100 and a GF Value™ of 円670.85 (Modestly Undervalued). Among 1,786 Construction companies, Candeal Co ranks worse than 63.66% 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. Candeal Co's current ratio for the quarter that ended in Mar. 2026 was 1.32.

Candeal Co has a current ratio of 1.32. It generally indicates good short-term financial strength.

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

TSE:1446' s Current Ratio Range Over the Past 10 Years
Min: 1.23   Med: 1.42   Max: 2.47
Current: 1.32

During the past 10 years, Candeal Co's highest Current Ratio was 2.47. The lowest was 1.23. And the median was 1.42.

TSE:1446's Current Ratio is ranked worse than
63.66% of 1786 companies
in the Construction industry
Industry Median: 1.58 vs TSE:1446: 1.32

Candeal Co  (TSE:1446) 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.


Candeal Co Current Ratio Related Terms


Candeal Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Candeal 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.

Candeal Co Current Ratio Chart

Candeal Co 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 1.98 1.34 1.32 1.24 1.29

Candeal Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 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 1.27 1.32 1.29 1.31 1.32

TSE:1446 vs PWR, FIX, EME: Current Ratio Comparison

For the Engineering & Construction subindustry, Candeal 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.


Candeal Co Current Ratio vs Construction Industry

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

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


TSE:1446
71GF Score
Candeal Co Ltd TSE:1446
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Candeal 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.

Candeal Co'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 )
=3937.226/3063.247
=1.29

Candeal Co'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 )
=4400.961/3322.242
=1.32

* 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 1.32 mean?
Candeal Co (TSE:1446) has a Current Ratio of 1.32 as of Mar. 2026. This is near median its historical median of 1.42. Over the past decade, Candeal Co's Current Ratio has ranged from 1.23 to 2.47. According to the industry distribution chart, Candeal Co ranks #1137 out of 1786 companies in the Construction industry, placing it in the top 63.7%.
Is Candeal Co's Current Ratio too high?
Candeal Co's current Current Ratio of 1.32 is near median its 10-year median of 1.42. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 2.47. The Construction industry median Current Ratio is 1.58. Candeal Co's value of 1.32 is 16.5% below this industry median. Based on the distribution chart, Candeal Co ranks #1137 out of 1786 companies in the Construction industry, which is below the industry midpoint. Overall, Candeal Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Candeal Co's Current Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Candeal Co ranks #1137 out of 1786 companies for Current Ratio. This places Candeal Co in the lower half of its industry. The industry median Current Ratio is 1.58. Candeal Co's value of 1.32 is 16.5% below this benchmark. Historically, Candeal Co's own Current Ratio has ranged from 1.23 to 2.47 over the past decade. While the company's 10-year median is 1.42 vs. the industry median of 1.58, Candeal Co 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 Construction company?
The median Current Ratio among Construction companies is 1.58, based on 1,786 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. Candeal Co's current Current Ratio of 1.32 is 16.5% 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 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. Candeal Co's current Current Ratio is 1.32, which is near median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Candeal Co stock overvalued right now?
Based on GuruFocus' analysis, Candeal Co (TSE:1446) is currently considered Modestly Undervalued. The stock's GF Value™ is 円670.85, compared to a current price of 円539.00 — trading 19.7% below its estimated fair value. The current Current Ratio is 1.32, which is near median its 10-year median of 1.42 and 16.5% below the Construction industry median of 1.58. Candeal Co's overall GF Score™ is 71/100. 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 Candeal Co (TSE:1446), the current Current Ratio is 1.32 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 Candeal Co (TSE:1446) Overvalued in 2026?

Based on GuruFocus' analysis, Candeal Co stock appears to be undervalued. The current stock price of 円539.00 is trading 19.7% below its estimated GF Value™ of 円670.85. GuruFocus considers Candeal Co to be Modestly Undervalued.

Key valuation signals for TSE:1446:

  • Current Ratio: 1.32 (near median its 10-year median of 1.42)
  • GF Value™: 円670.85 vs. price of 円539.00 (19.7% below fair value)
  • GF Score™: 71/100
  • Industry Position: 16.5% below the Construction median (#1137 of 1786)

No single metric tells the full story. See the TSE:1446 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Candeal Co Business Description

Address 1-11 Kitayamabushi-cho, 3rd Floor Ushigome Syokuryo Building, Shinjuku-ku, Tokyo, JPN, 162-0853
Candeal Co Ltd provides building repair service to detached houses, apartment complexes, commercial facilities, and others. The company's services include repair and inspection service, construction service, and trading and distribution.
71GF Score

Get the complete analysis for TSE:1446

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

円539.00
Price
円670.85
GF Value