MCE Holdings BhdXKLS:7004 77 Current Ratio is 3.57 as of Apr. 2026, which is 41% above its 10-year median of 2.53. GuruFocus rates XKLS:7004 with a GF Score™ of 77/100 and a GF Value™ of RM1.51 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,337 Vehicles & Parts companies, MCE Holdings Bhd ranks better than 83.69% 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. MCE Holdings Bhd's current ratio for the quarter that ended in Apr. 2026 was 3.57.
MCE Holdings Bhd has a current ratio of 3.57. 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 MCE Holdings Bhd's Current Ratio or its related term are showing as below:
XKLS:7004'
s Current Ratio Range Over the Past 10 Years
Min: 0.89 Med: 2.53 Max: 3.47
Current: 2.99
During the past 13 years, MCE Holdings Bhd's highest Current Ratio was 3.47. The lowest was 0.89. And the median was 2.53.
XKLS:7004's Current Ratio is ranked better than 83.69% of 1337
companies
in the Vehicles & Parts industry
Industry Median: 1.53
vs XKLS:7004: 2.99
MCE Holdings Bhd (XKLS:7004) 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.
MCE Holdings Bhd Current Ratio Related Terms
MCE Holdings Bhd Current Ratio Historical Data
* Premium members only.
The historical data trend for MCE Holdings 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.
For the Auto Parts subindustry, MCE Holdings 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.
MCE Holdings Bhd Current Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, MCE Holdings Bhd's Current Ratio distribution charts can be found below:
* The bar in red indicates where MCE Holdings 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.
MCE Holdings Bhd (XKLS:7004) has a Current Ratio of 3.57 as of Apr. 2026. This is 41% above median its historical median of 2.53. Over the past decade, MCE Holdings Bhd's Current Ratio has ranged from 0.89 to 3.47. According to the industry distribution chart, MCE Holdings Bhd ranks #218 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 16.3%.
Is MCE Holdings Bhd's Current Ratio too high?
MCE Holdings Bhd's current Current Ratio of 3.57 is 41% above median its 10-year median of 2.53. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 3.47. The Vehicles & Parts industry median Current Ratio is 1.53. MCE Holdings Bhd's value of 3.57 is 133.3% above this industry median. Based on the distribution chart, MCE Holdings Bhd ranks #218 out of 1337 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, MCE Holdings Bhd has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MCE Holdings Bhd's Current Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, MCE Holdings Bhd ranks #218 out of 1337 companies for Current Ratio. This places MCE Holdings Bhd in the top 16% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.53. MCE Holdings Bhd's value of 3.57 is 133.3% above this benchmark. Historically, MCE Holdings Bhd's own Current Ratio has ranged from 0.89 to 3.47 over the past decade. While the company's 10-year median is 2.53 vs. the industry median of 1.53, MCE Holdings 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 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. MCE Holdings Bhd's current Current Ratio of 3.57 is 133.3% 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 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. MCE Holdings Bhd's current Current Ratio is 3.57, which is 41% above 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 MCE Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, MCE Holdings Bhd (XKLS:7004) is currently considered Fairly Valued. The stock's GF Value™ is RM1.51, compared to a current price of RM1.54 — trading 2% above its estimated fair value. The current Current Ratio is 3.57, which is 41% above median its 10-year median of 2.53 and 133.3% above the Vehicles & Parts industry median of 1.53. MCE Holdings Bhd's overall GF Score™ is 77/100 with 6 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 MCE Holdings Bhd (XKLS:7004), the current Current Ratio is 3.57 as of Apr. 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 MCE Holdings Bhd (XKLS:7004) Overvalued in 2026?
Based on GuruFocus' analysis, MCE Holdings Bhd stock appears to be overvalued.
The current stock price of RM1.54 is trading 2% above its estimated GF Value™ of RM1.51.
GuruFocus considers MCE Holdings Bhd to be Fairly Valued.
Key valuation signals for XKLS:7004:
Current Ratio: 3.57 (41% above median its 10-year median of 2.53)
GF Value™: RM1.51 vs. price of RM1.54 (2% above fair value)
Industry Position: 133.3% above the Vehicles & Parts median (#218 of 1337)
No single metric tells the full story. See the XKLS:7004 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MCE Holdings Bhd is engaged in the manufacturing and supply of automotive electronics and mechatronics parts. It operates in two segments namely, Automotive parts which comprise of manufacturing and trading of automotive parts which also contribute the majority part of revenue, and the Healthcare services segment comprises various healthcare services. The majority of the company's revenue comes from the Malaysian market.
77GF Score
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