Plytec Holding Bhd (XKLS:0289) Current Ratio: 0.98 (As of Mar. 2026) — 14% Below Median


XKLS:0289 Plytec Holding Bhd XKLS:0289
34 GF Score
Price RM0.19
GF Value RM0.27
Valuation Possible Value Trap
! 8 Warning Signs
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What is Plytec Holding Bhd Current Ratio?

Plytec Holding Bhd XKLS:0289 -2.63% 34 Current Ratio is 0.98 as of Mar. 2026, which is 14% below its 10-year median of 1.14. GuruFocus rates XKLS:0289 with a GF Score™ of 34/100 and a GF Value™ of RM0.27 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 408 Building Materials companies, Plytec Holding Bhd ranks worse than 78.68% 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. Plytec Holding Bhd's current ratio for the quarter that ended in Mar. 2026 was 0.98.

Plytec Holding Bhd has a current ratio of 0.98. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Plytec Holding Bhd 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 Plytec Holding Bhd's Current Ratio or its related term are showing as below:

XKLS:0289' s Current Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.14   Max: 1.45
Current: 0.98

During the past 6 years, Plytec Holding Bhd's highest Current Ratio was 1.45. The lowest was 0.93. And the median was 1.14.

XKLS:0289's Current Ratio is ranked worse than
78.68% of 408 companies
in the Building Materials industry
Industry Median: 1.505 vs XKLS:0289: 0.98

Plytec Holding Bhd  (XKLS:0289) 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.


Plytec Holding Bhd Current Ratio Related Terms


Plytec Holding Bhd Current Ratio Historical Data

* Premium members only.

The historical data trend for Plytec Holding 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.

Plytec Holding Bhd Current Ratio Chart

Plytec Holding Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial 1.23 1.29 1.44 1.05 0.93

Plytec Holding Bhd Quarterly Data
Dec20 Dec21 Dec22 May23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.96 0.97 1.00 0.93 0.98

XKLS:0289 vs CRH, VMC, MLM: Current Ratio Comparison

For the Building Materials subindustry, Plytec Holding 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.


Plytec Holding Bhd Current Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Plytec Holding Bhd's Current Ratio distribution charts can be found below:

* The bar in red indicates where Plytec Holding Bhd's Current Ratio falls into.


XKLS:0289
34GF Score
Plytec Holding Bhd XKLS:0289
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Plytec Holding Bhd 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.

Plytec Holding Bhd's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=107.743/115.493
=0.93

Plytec Holding Bhd's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=99.382/101
=0.98

* 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 0.98 mean?
Plytec Holding Bhd (XKLS:0289) has a Current Ratio of 0.98 as of Mar. 2026. This is 14% below median its historical median of 1.14. Over the past decade, Plytec Holding Bhd's Current Ratio has ranged from 0.93 to 1.45. According to the industry distribution chart, Plytec Holding Bhd ranks #321 out of 408 companies in the Building Materials industry, placing it in the top 78.7%.
Is Plytec Holding Bhd's Current Ratio too high?
Plytec Holding Bhd's current Current Ratio of 0.98 is 14% below median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 1.45. The Building Materials industry median Current Ratio is 1.51. Plytec Holding Bhd's value of 0.98 is 34.9% below this industry median. Based on the distribution chart, Plytec Holding Bhd ranks #321 out of 408 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Plytec Holding Bhd has a GF Score™ of 34/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Plytec Holding Bhd's Current Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Plytec Holding Bhd ranks #321 out of 408 companies for Current Ratio. This places Plytec Holding Bhd in the lower half of its industry. The industry median Current Ratio is 1.51. Plytec Holding Bhd's value of 0.98 is 34.9% below this benchmark. Historically, Plytec Holding Bhd's own Current Ratio has ranged from 0.93 to 1.45 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 1.51, Plytec Holding Bhd 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 Building Materials company?
The median Current Ratio among Building Materials companies is 1.51, based on 408 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. Plytec Holding Bhd's current Current Ratio of 0.98 is 34.9% 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 Building Materials industry, the median Current Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plytec Holding Bhd's current Current Ratio is 0.98, which is 14% below median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plytec Holding Bhd stock overvalued right now?
Based on GuruFocus' analysis, Plytec Holding Bhd (XKLS:0289) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.27, compared to a current price of RM0.19 — trading 31.5% below its estimated fair value. The current Current Ratio is 0.98, which is 14% below median its 10-year median of 1.14 and 34.9% below the Building Materials industry median of 1.51. Plytec Holding Bhd's overall GF Score™ is 34/100 with 8 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 Plytec Holding Bhd (XKLS:0289), the current Current Ratio is 0.98 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 Plytec Holding Bhd (XKLS:0289) Overvalued in 2026?

Based on GuruFocus' analysis, Plytec Holding Bhd stock appears to be undervalued. The current stock price of RM0.19 is trading 31.5% below its estimated GF Value™ of RM0.27. GuruFocus considers Plytec Holding Bhd to be Possible Value Trap.

Key valuation signals for XKLS:0289:

  • Current Ratio: 0.98 (14% below median its 10-year median of 1.14)
  • GF Value™: RM0.27 vs. price of RM0.19 (31.5% below fair value)
  • GF Score™: 34/100 with 8 warning signs
  • Industry Position: 34.9% below the Building Materials median (#321 of 408)

No single metric tells the full story. See the XKLS:0289 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Plytec Holding Bhd Business Description

Address No. 19, Jalan Meranti Permai 3, Jalan Puchong, Meranti Permai Industrial Park, Batu 15, Puchong, SGR, MYS, 47100
Plytec Holding Bhd is principally involved in the provision of construction engineering solutions and trading and distribution of core and general building materials for construction projects. Its construction engineering solutions and services include CME Solutions, DDE Solutions, and PC Solutions, which are aimed at increasing the efficiency and safety in construction activities via the adoption of industrialization practices. The company's reportable segments are Construction method engineering solutions, Manufacturing, trading and distribution of building materials, Digital design and engineering solutions, Prefabricated construction solutions and Polymer material compounding and product. The majority of revenue is generated from construction method engineering solutions.
34GF Score

Get the complete analysis for XKLS:0289

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

RM0.19
Price
RM0.27
GF Value