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MeiwaTSE:8103 -1.10%75 Current Ratio is 1.71 as of Mar. 2026, which is 6% above its 10-year median of 1.61. GuruFocus rates TSE:8103 with a GF Score™ of 75/100 and a GF Value™ of 円755.49 (Modestly Overvalued). Among 158 Industrial Distribution companies, Meiwa ranks worse than 64.56% 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. Meiwa's current ratio for the quarter that ended in Mar. 2026 was 1.71.
Meiwa has a current ratio of 1.71. It generally indicates good short-term financial strength.
The historical rank and industry rank for Meiwa's Current Ratio or its related term are showing as below:
TSE:8103'
s Current Ratio Range Over the Past 10 Years
Min: 1.51 Med: 1.61 Max: 1.78
Current: 1.71
During the past 13 years, Meiwa's highest Current Ratio was 1.78. The lowest was 1.51. And the median was 1.61.
TSE:8103's Current Ratio is ranked worse than 64.56% of 158
companies
in the Industrial Distribution industry
Industry Median: 2.01
vs TSE:8103: 1.71
Meiwa (TSE:8103) 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.
Meiwa Current Ratio Related Terms
Meiwa Current Ratio Historical Data
* Premium members only.
The historical data trend for Meiwa'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.
TSE:8103 vs GWW, FAST, FERG: Current Ratio Comparison
For the Industrial Distribution subindustry, Meiwa'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.
Meiwa Current Ratio vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Meiwa's Current Ratio distribution charts can be found below:
* The bar in red indicates where Meiwa'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.
Meiwa (TSE:8103) has a Current Ratio of 1.71 as of Mar. 2026. This is near median its historical median of 1.61. Over the past decade, Meiwa's Current Ratio has ranged from 1.51 to 1.78. According to the industry distribution chart, Meiwa ranks #102 out of 158 companies in the Industrial Distribution industry, placing it in the top 64.6%.
Is Meiwa's Current Ratio too high?
Meiwa's current Current Ratio of 1.71 is near median its 10-year median of 1.61. Over the past 10 years, this metric has ranged from a low of 1.51 to a high of 1.78. The Industrial Distribution industry median Current Ratio is 2.01. Meiwa's value of 1.71 is 14.9% below this industry median. Based on the distribution chart, Meiwa ranks #102 out of 158 companies in the Industrial Distribution industry, which is below the industry midpoint. Overall, Meiwa has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meiwa's Current Ratio compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Meiwa ranks #102 out of 158 companies for Current Ratio. This places Meiwa in the lower half of its industry. The industry median Current Ratio is 2.01. Meiwa's value of 1.71 is 14.9% below this benchmark. Historically, Meiwa's own Current Ratio has ranged from 1.51 to 1.78 over the past decade. While the company's 10-year median is 1.61 vs. the industry median of 2.01, Meiwa 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 an Industrial Distribution company?
The median Current Ratio among Industrial Distribution companies is 2.01, based on 158 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. Meiwa's current Current Ratio of 1.71 is 14.9% 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 Industrial Distribution industry, the median Current Ratio is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meiwa's current Current Ratio is 1.71, which is near median its own 10-year median of 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiwa stock overvalued right now?
Based on GuruFocus' analysis, Meiwa (TSE:8103) is currently considered Modestly Overvalued. The stock's GF Value™ is 円755.49, compared to a current price of 円900.00 — trading 19.1% above its estimated fair value. The current Current Ratio is 1.71, which is near median its 10-year median of 1.61 and 14.9% below the Industrial Distribution industry median of 2.01. Meiwa's overall GF Score™ is 75/100. 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 Meiwa (TSE:8103), the current Current Ratio is 1.71 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 Meiwa (TSE:8103) Overvalued in 2026?
Based on GuruFocus' analysis, Meiwa stock appears to be overvalued.
The current stock price of 円900.00 is trading 19.1% above its estimated GF Value™ of 円755.49.
GuruFocus considers Meiwa to be Modestly Overvalued.
Key valuation signals for TSE:8103:
Current Ratio: 1.71 (near median its 10-year median of 1.61)
GF Value™: 円755.49 vs. price of 円900.00 (19.1% above fair value)
Industry Position: 14.9% below the Industrial Distribution median (#102 of 158)
No single metric tells the full story. See the TSE:8103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meiwa Corp is a Japan-based company. Along with its subsidiaries, the company operates in the following reportable segments: First Business, Second Business, Third Business, Battery and Automotive Business Division, and Others. Maximum revenue for the group is generated from the Third Business segment, which offers film products, papermaking chemicals, adhesives, synthetic resin raw materials, synthetic resin products, and inorganic chemicals. The First Business is engaged in trading earths and rare metals, flame retardants, heat insulation, waterproofing, and interior materials. Second Business represents its petroleum products business, covering lubricants to base oil, and additives, and the Battery and Automotive division invests in battery materials and offers automotive parts.
75GF Score
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