Morpho (TSE:3653) Current Ratio: 5.78 (As of Apr. 2026) — 54% Below 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:3653 Morpho Inc TSE:3653
57 GF Score
Price 円628.00
GF Value 円1,460.13
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Morpho Current Ratio?

Morpho TSE:3653 57 Current Ratio is 5.78 as of Apr. 2026, which is 54% below its 10-year median of 12.50. GuruFocus rates TSE:3653 with a GF Score™ of 57/100 and a GF Value™ of 円1,460.13 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,870 Software companies, Morpho ranks better than 89.62% 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. Morpho's current ratio for the quarter that ended in Apr. 2026 was 5.78.

Morpho has a current ratio of 5.78. 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 Morpho's Current Ratio or its related term are showing as below:

TSE:3653' s Current Ratio Range Over the Past 10 Years
Min: 5.78   Med: 12.5   Max: 25.65
Current: 5.78

During the past 13 years, Morpho's highest Current Ratio was 25.65. The lowest was 5.78. And the median was 12.50.

TSE:3653's Current Ratio is ranked better than
89.62% of 2870 companies
in the Software industry
Industry Median: 1.81 vs TSE:3653: 5.78

Morpho  (TSE:3653) 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.


Morpho Current Ratio Related Terms


Morpho Current Ratio Historical Data

* Premium members only.

The historical data trend for Morpho'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.

Morpho Current Ratio Chart

Morpho Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.25 7.94 6.54 6.06 6.95

Morpho Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 6.18 6.06 6.60 6.95 5.78

TSE:3653 vs UBER, SHOP, CRM: Current Ratio Comparison

For the Software - Application subindustry, Morpho'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.


Morpho Current Ratio vs Software Industry

For the Software industry and Technology sector, Morpho's Current Ratio distribution charts can be found below:

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


TSE:3653
57GF Score
Morpho Inc TSE:3653
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Morpho 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.

Morpho's Current Ratio for the fiscal year that ended in Oct. 2025 is calculated as

Current Ratio (A: Oct. 2025 )=Total Current Assets (A: Oct. 2025 )/Total Current Liabilities (A: Oct. 2025 )
=3249.845/467.725
=6.95

Morpho's Current Ratio for the quarter that ended in Apr. 2026 is calculated as

Current Ratio (Q: Apr. 2026 )=Total Current Assets (Q: Apr. 2026 )/Total Current Liabilities (Q: Apr. 2026 )
=2599.441/449.937
=5.78

* 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 5.78 mean?
Morpho (TSE:3653) has a Current Ratio of 5.78 as of Apr. 2026. This is 54% below median its historical median of 12.50. Over the past decade, Morpho's Current Ratio has ranged from 5.78 to 25.65. According to the industry distribution chart, Morpho ranks #298 out of 2870 companies in the Software industry, placing it in the top 10.4%.
Is Morpho's Current Ratio too high?
Morpho's current Current Ratio of 5.78 is 54% below median its 10-year median of 12.50. Over the past 10 years, this metric has ranged from a low of 5.78 to a high of 25.65. The Software industry median Current Ratio is 1.81. Morpho's value of 5.78 is 219.3% above this industry median. Based on the distribution chart, Morpho ranks #298 out of 2870 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Morpho has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Morpho's Current Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Morpho ranks #298 out of 2870 companies for Current Ratio. This places Morpho in the top 10% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.81. Morpho's value of 5.78 is 219.3% above this benchmark. Historically, Morpho's own Current Ratio has ranged from 5.78 to 25.65 over the past decade. While the company's 10-year median is 12.50 vs. the industry median of 1.81, Morpho 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 Software company?
The median Current Ratio among Software companies is 1.81, based on 2,870 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. Morpho's current Current Ratio of 5.78 is 219.3% 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 Software industry, the median Current Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morpho's current Current Ratio is 5.78, which is 54% below median its own 10-year median of 12.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morpho stock overvalued right now?
Based on GuruFocus' analysis, Morpho (TSE:3653) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,460.13, compared to a current price of 円628.00 — trading 57% below its estimated fair value. The current Current Ratio is 5.78, which is 54% below median its 10-year median of 12.50 and 219.3% above the Software industry median of 1.81. Morpho's overall GF Score™ is 57/100 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 Morpho (TSE:3653), the current Current Ratio is 5.78 as of Apr. 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 Morpho (TSE:3653) Overvalued in 2026?

Based on GuruFocus' analysis, Morpho stock appears to be undervalued. The current stock price of 円628.00 is trading 57% below its estimated GF Value™ of 円1,460.13. GuruFocus considers Morpho to be Significantly Undervalued.

Key valuation signals for TSE:3653:

  • Current Ratio: 5.78 (54% below median its 10-year median of 12.50)
  • GF Value™: 円1,460.13 vs. price of 円628.00 (57% below fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 219.3% above the Software median (#298 of 2870)

No single metric tells the full story. See the TSE:3653 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Morpho Business Description

Address 2-2-1 Kanda-Nishikicho, 11th Floor, Kanda Sqaure, Chiyoda-ku, Tokyo, JPN, 101-0054
Morpho Inc is engaged in the research and development of image processing technology, product development, and licensing.
57GF Score

Get the complete analysis for TSE:3653

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

円628.00
Price
円1,460.13
GF Value