Qes Group BhdXKLS:0196 +6.42%69 Current Ratio is 2.58 as of Mar. 2026, which is 2% above its 10-year median of 2.53. GuruFocus rates XKLS:0196 with a GF Score™ of 69/100 and a GF Value™ of RM0.58 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,492 Hardware companies, Qes Group Bhd ranks better than 65.17% 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. Qes Group Bhd's current ratio for the quarter that ended in Mar. 2026 was 2.58.
Qes Group Bhd has a current ratio of 2.58. It generally indicates good short-term financial strength.
The historical rank and industry rank for Qes Group Bhd's Current Ratio or its related term are showing as below:
XKLS:0196'
s Current Ratio Range Over the Past 10 Years
Min: 1.46 Med: 2.53 Max: 3.28
Current: 2.58
During the past 12 years, Qes Group Bhd's highest Current Ratio was 3.28. The lowest was 1.46. And the median was 2.53.
XKLS:0196's Current Ratio is ranked better than 65.17% of 2492
companies
in the Hardware industry
Industry Median: 1.96
vs XKLS:0196: 2.58
Qes Group Bhd (XKLS:0196) 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.
Qes Group Bhd Current Ratio Related Terms
Qes Group Bhd Current Ratio Historical Data
* Premium members only.
The historical data trend for Qes Group Bhd'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.
XKLS:0196 vs SNX, ARW, AVT: Current Ratio Comparison
For the Electronics & Computer Distribution subindustry, Qes Group Bhd'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.
Qes Group Bhd Current Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Qes Group Bhd's Current Ratio distribution charts can be found below:
* The bar in red indicates where Qes Group Bhd'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.
Qes Group Bhd (XKLS:0196) has a Current Ratio of 2.58 as of Mar. 2026. This is near median its historical median of 2.53. Over the past decade, Qes Group Bhd's Current Ratio has ranged from 1.46 to 3.28. According to the industry distribution chart, Qes Group Bhd ranks #868 out of 2492 companies in the Hardware industry, placing it in the top 34.8%.
Is Qes Group Bhd's Current Ratio too high?
Qes Group Bhd's current Current Ratio of 2.58 is near median its 10-year median of 2.53. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 3.28. The Hardware industry median Current Ratio is 1.96. Qes Group Bhd's value of 2.58 is 31.6% above this industry median. Based on the distribution chart, Qes Group Bhd ranks #868 out of 2492 companies in the Hardware industry, which is above the industry midpoint. Overall, Qes Group Bhd has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Qes Group Bhd's Current Ratio compare to SNX and ARW?
According to the Hardware industry distribution chart, Qes Group Bhd ranks #868 out of 2492 companies for Current Ratio. This puts Qes Group Bhd in the upper half of its industry. The industry median Current Ratio is 1.96. Qes Group Bhd's value of 2.58 is 31.6% above this benchmark. Historically, Qes Group Bhd's own Current Ratio has ranged from 1.46 to 3.28 over the past decade. While the company's 10-year median is 2.53 vs. the industry median of 1.96, Qes Group Bhd 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 Hardware company?
The median Current Ratio among Hardware companies is 1.96, based on 2,492 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. Qes Group Bhd's current Current Ratio of 2.58 is 31.6% 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 Hardware industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qes Group Bhd's current Current Ratio is 2.58, which is near median its own 10-year median of 2.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qes Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Qes Group Bhd (XKLS:0196) is currently considered Fairly Valued. The stock's GF Value™ is RM0.58, compared to a current price of RM0.58 — trading right at its estimated fair value. The current Current Ratio is 2.58, which is near median its 10-year median of 2.53 and 31.6% above the Hardware industry median of 1.96. Qes Group Bhd's overall GF Score™ is 69/100 with 5 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 Qes Group Bhd (XKLS:0196), the current Current Ratio is 2.58 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 Qes Group Bhd (XKLS:0196) Overvalued in 2026?
Based on GuruFocus' analysis, Qes Group Bhd stock appears to be undervalued.
The current stock price of RM0.58 is trading 0% below its estimated GF Value™ of RM0.58.
GuruFocus considers Qes Group Bhd to be Fairly Valued.
Key valuation signals for XKLS:0196:
Current Ratio: 2.58 (near median its 10-year median of 2.53)
GF Value™: RM0.58 vs. price of RM0.58 (0% below fair value)
Industry Position: 31.6% above the Hardware median (#868 of 2492)
No single metric tells the full story. See the XKLS:0196 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qes Group Bhd is a Malaysia-based investment holding. The company has multiple businesses that includes, the Equipment segment which derives maximum revenue includes marketing and servicing of scientific instruments. The materials and Engineering solutions distribution segment includes trading and servicing of industrial parts, equipment, and scientific instruments. The manufacturing division includes manufacturing, trading, and servicing industrial parts and equipment and providing a vision software solution for automated equipment, mechanical and electrical engineering consultancy service, and investment holding, that invests in shares.
69GF Score
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