Novem GroupWBO:NVM +1.55% Current Ratio is 0.84 as of Mar. 2026, which is 53% below its 10-year median of 1.79. The stock has 6 warning signs investors should review. Among 1,337 Vehicles & Parts companies, Novem Group ranks worse than 91.1% 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. Novem Group's current ratio for the quarter that ended in Mar. 2026 was 0.84.
Novem Group has a current ratio of 0.84. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Novem Group has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
The historical rank and industry rank for Novem Group's Current Ratio or its related term are showing as below:
WBO:NVM'
s Current Ratio Range Over the Past 10 Years
Min: 0.84 Med: 1.79 Max: 2.2
Current: 0.84
During the past 6 years, Novem Group's highest Current Ratio was 2.20. The lowest was 0.84. And the median was 1.79.
WBO:NVM's Current Ratio is ranked worse than 91.1% of 1337
companies
in the Vehicles & Parts industry
Industry Median: 1.53
vs WBO:NVM: 0.84
Novem Group (WBO:NVM) 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.
Novem Group Current Ratio Related Terms
Novem Group Current Ratio Historical Data
* Premium members only.
The historical data trend for Novem 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.
For the Auto Parts subindustry, Novem 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.
Novem Group Current Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Novem Group's Current Ratio distribution charts can be found below:
* The bar in red indicates where Novem 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.
Novem Group (WBO:NVM) has a Current Ratio of 0.84 as of Mar. 2026. This is 53% below median its historical median of 1.79. Over the past decade, Novem Group's Current Ratio has ranged from 0.84 to 2.20. According to the industry distribution chart, Novem Group ranks #1218 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 91.1%.
Is Novem Group's Current Ratio too high?
Novem Group's current Current Ratio of 0.84 is 53% below median its 10-year median of 1.79. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 2.20. The Vehicles & Parts industry median Current Ratio is 1.53. Novem Group's value of 0.84 is 45.1% below this industry median. Based on the distribution chart, Novem Group ranks #1218 out of 1337 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers.
How does Novem Group's Current Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Novem Group ranks #1218 out of 1337 companies for Current Ratio. This places Novem Group in the lower half of its industry. The industry median Current Ratio is 1.53. Novem Group's value of 0.84 is 45.1% below this benchmark. Historically, Novem Group's own Current Ratio has ranged from 0.84 to 2.20 over the past decade. While the company's 10-year median is 1.79 vs. the industry median of 1.53, Novem 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 Vehicles & Parts company?
The median Current Ratio among Vehicles & Parts companies is 1.53, based on 1,337 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. Novem Group's current Current Ratio of 0.84 is 45.1% 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 Vehicles & Parts industry, the median Current Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novem Group's current Current Ratio is 0.84, which is 53% below median its own 10-year median of 1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novem Group stock overvalued right now?
Novem Group (WBO:NVM) has a current Current Ratio of 0.84. The stock's GF Value™ is €7.63, compared to a current price of €2.62 — trading 65.7% below its estimated fair value. The current Current Ratio is 0.84, which is 53% below median its 10-year median of 1.79 and 45.1% below the Vehicles & Parts industry median of 1.53. 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 Novem Group (WBO:NVM), the current Current Ratio is 0.84 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.
Novem Group SA operates as a developer, supplier, and system supplier for trim parts and decorative functional elements in vehicle interiors. The products of the company are central consoles, dashboards, beltlines, and others. The company operates in three reportable geographical segments namely Europe, Americas, and Asia. The business activities of these segments include the production, processing, and sale of high-quality trims and decorative functional elements in vehicle interiors. The three reportable operating segments of the Group are Europe, Americas, and Asia.
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