Miraial Co (TSE:4238) Current Ratio: 3.22 (As of Jan. 2026) — 30% 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:4238 Miraial Co Ltd TSE:4238
72 GF Score
Price 円1,849.00
GF Value 円1,285.76
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Miraial Co Current Ratio?

Miraial Co TSE:4238 +2.15% 72 Current Ratio is 3.22 as of Jan. 2026, which is 30% below its 10-year median of 4.60. GuruFocus rates TSE:4238 with a GF Score™ of 72/100 and a GF Value™ of 円1,285.76 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,028 Semiconductors companies, Miraial Co ranks worse than 65.76% 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. Miraial Co's current ratio for the quarter that ended in Jan. 2026 was 3.22.

Miraial Co has a current ratio of 3.22. 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 Miraial Co's Current Ratio or its related term are showing as below:

TSE:4238' s Current Ratio Range Over the Past 10 Years
Min: 1.79   Med: 4.6   Max: 5.79
Current: 1.79

During the past 13 years, Miraial Co's highest Current Ratio was 5.79. The lowest was 1.79. And the median was 4.60.

TSE:4238's Current Ratio is ranked worse than
65.76% of 1028 companies
in the Semiconductors industry
Industry Median: 2.48 vs TSE:4238: 1.79

Miraial Co  (TSE:4238) 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.


Miraial Co Current Ratio Related Terms


Miraial Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Miraial 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.

Miraial Co Current Ratio Chart

Miraial Co Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.73 3.72 3.18 2.35 3.22

Miraial Co Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 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 2.63 3.31 2.83 3.22 1.79

TSE:4238 vs AMAT, LRCX, KLAC: Current Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, Miraial 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.


Miraial Co Current Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Miraial Co's Current Ratio distribution charts can be found below:

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


TSE:4238
72GF Score
Miraial Co Ltd TSE:4238
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Miraial 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.

Miraial Co's Current Ratio for the fiscal year that ended in Jan. 2026 is calculated as

Current Ratio (A: Jan. 2026 )=Total Current Assets (A: Jan. 2026 )/Total Current Liabilities (A: Jan. 2026 )
=10603.696/3296.501
=3.22

Miraial Co's Current Ratio for the quarter that ended in Jan. 2026 is calculated as

Current Ratio (Q: Jan. 2026 )=Total Current Assets (Q: Jan. 2026 )/Total Current Liabilities (Q: Jan. 2026 )
=10603.696/3296.501
=3.22

* 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 3.22 mean?
Miraial Co (TSE:4238) has a Current Ratio of 3.22 as of Jan. 2026. This is 30% below median its historical median of 4.60. Over the past decade, Miraial Co's Current Ratio has ranged from 1.79 to 5.79. According to the industry distribution chart, Miraial Co ranks #676 out of 1028 companies in the Semiconductors industry, placing it in the top 65.8%.
Is Miraial Co's Current Ratio too high?
Miraial Co's current Current Ratio of 3.22 is 30% below median its 10-year median of 4.60. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 5.79. The Semiconductors industry median Current Ratio is 2.48. Miraial Co's value of 3.22 is 29.8% above this industry median. Based on the distribution chart, Miraial Co ranks #676 out of 1028 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Miraial Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Miraial Co's Current Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Miraial Co ranks #676 out of 1028 companies for Current Ratio. This places Miraial Co in the lower half of its industry. The industry median Current Ratio is 2.48. Miraial Co's value of 3.22 is 29.8% above this benchmark. Historically, Miraial Co's own Current Ratio has ranged from 1.79 to 5.79 over the past decade. While the company's 10-year median is 4.60 vs. the industry median of 2.48, Miraial 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 Semiconductors company?
The median Current Ratio among Semiconductors companies is 2.48, based on 1,028 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. Miraial Co's current Current Ratio of 3.22 is 29.8% 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 Semiconductors industry, the median Current Ratio is 2.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miraial Co's current Current Ratio is 3.22, which is 30% below median its own 10-year median of 4.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miraial Co stock overvalued right now?
Based on GuruFocus' analysis, Miraial Co (TSE:4238) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,285.76, compared to a current price of 円1,849.00 — trading 43.8% above its estimated fair value. The current Current Ratio is 3.22, which is 30% below median its 10-year median of 4.60 and 29.8% above the Semiconductors industry median of 2.48. Miraial Co's overall GF Score™ is 72/100 with 7 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 Miraial Co (TSE:4238), the current Current Ratio is 3.22 as of Jan. 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 Miraial Co (TSE:4238) Overvalued in 2026?

Based on GuruFocus' analysis, Miraial Co stock appears to be overvalued. The current stock price of 円1,849.00 is trading 43.8% above its estimated GF Value™ of 円1,285.76. GuruFocus considers Miraial Co to be Significantly Overvalued.

Key valuation signals for TSE:4238:

  • Current Ratio: 3.22 (30% below median its 10-year median of 4.60)
  • GF Value™: 円1,285.76 vs. price of 円1,849.00 (43.8% above fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 29.8% above the Semiconductors median (#676 of 1028)

No single metric tells the full story. See the TSE:4238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Miraial Co Business Description

Address 1-24-1 Higashi-Ikebukuro, Toshima-ku, Tokyo, JPN, 171-0021
Miraial Co Ltd is a Japanese company engaged in the production and sale of products that are indispensable to the electronics materials and semiconductor industries. The company operates in two segments namely- Plastic molding business and Molding Machine Business. Miraial develops products mainly for the semiconductor industry based on the precision molding and processing technology for high-function plastics. Its products include Front Opening Unified Pod (FOUP), cassettes, boxes, shipping containers, handles, among others.
72GF Score

Get the complete analysis for TSE:4238

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

円1,849.00
Price
円1,285.76
GF Value