Ajiya BhdXKLS:7609 +3.88%63 Current Ratio is 7.86 as of Mar. 2026, which is 37% above its 10-year median of 5.73. GuruFocus rates XKLS:7609 with a GF Score™ of 63/100 and a GF Value™ of RM0.96 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,782 Construction companies, Ajiya Bhd ranks better than 98.32% 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. Ajiya Bhd's current ratio for the quarter that ended in Mar. 2026 was 7.86.
Ajiya Bhd has a current ratio of 7.86. 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 Ajiya Bhd's Current Ratio or its related term are showing as below:
XKLS:7609'
s Current Ratio Range Over the Past 10 Years
Min: 3.96 Med: 5.73 Max: 12.68
Current: 7.86
During the past 13 years, Ajiya Bhd's highest Current Ratio was 12.68. The lowest was 3.96. And the median was 5.73.
XKLS:7609's Current Ratio is ranked better than 98.32% of 1782
companies
in the Construction industry
Industry Median: 1.575
vs XKLS:7609: 7.86
Ajiya Bhd (XKLS:7609) 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.
Ajiya Bhd Current Ratio Related Terms
Ajiya Bhd Current Ratio Historical Data
* Premium members only.
The historical data trend for Ajiya 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:7609 vs TT, JCI, CARR: Current Ratio Comparison
For the Building Products & Equipment subindustry, Ajiya 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.
Ajiya Bhd Current Ratio vs Construction Industry
For the Construction industry and Industrials sector, Ajiya Bhd's Current Ratio distribution charts can be found below:
* The bar in red indicates where Ajiya 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.
Ajiya Bhd (XKLS:7609) has a Current Ratio of 7.86 as of Mar. 2026. This is 37% above median its historical median of 5.73. Over the past decade, Ajiya Bhd's Current Ratio has ranged from 3.96 to 12.68. According to the industry distribution chart, Ajiya Bhd ranks #30 out of 1782 companies in the Construction industry, placing it in the top 1.7%.
Is Ajiya Bhd's Current Ratio too high?
Ajiya Bhd's current Current Ratio of 7.86 is 37% above median its 10-year median of 5.73. Over the past 10 years, this metric has ranged from a low of 3.96 to a high of 12.68. The Construction industry median Current Ratio is 1.58. Ajiya Bhd's value of 7.86 is 399% above this industry median. Based on the distribution chart, Ajiya Bhd ranks #30 out of 1782 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Ajiya Bhd has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ajiya Bhd's Current Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Ajiya Bhd ranks #30 out of 1782 companies for Current Ratio. This places Ajiya Bhd in the top 2% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.58. Ajiya Bhd's value of 7.86 is 399% above this benchmark. Historically, Ajiya Bhd's own Current Ratio has ranged from 3.96 to 12.68 over the past decade. While the company's 10-year median is 5.73 vs. the industry median of 1.58, Ajiya 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 Construction company?
The median Current Ratio among Construction companies is 1.58, based on 1,782 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. Ajiya Bhd's current Current Ratio of 7.86 is 399% 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 Construction industry, the median Current Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ajiya Bhd's current Current Ratio is 7.86, which is 37% above median its own 10-year median of 5.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ajiya Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ajiya Bhd (XKLS:7609) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.96, compared to a current price of RM1.07 — trading 11.5% above its estimated fair value. The current Current Ratio is 7.86, which is 37% above median its 10-year median of 5.73 and 399% above the Construction industry median of 1.58. Ajiya Bhd's overall GF Score™ is 63/100 with 3 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 Ajiya Bhd (XKLS:7609), the current Current Ratio is 7.86 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 Ajiya Bhd (XKLS:7609) Overvalued in 2026?
Based on GuruFocus' analysis, Ajiya Bhd stock appears to be overvalued.
The current stock price of RM1.07 is trading 11.5% above its estimated GF Value™ of RM0.96.
GuruFocus considers Ajiya Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:7609:
Current Ratio: 7.86 (37% above median its 10-year median of 5.73)
GF Value™: RM0.96 vs. price of RM1.07 (11.5% above fair value)
Industry Position: 399% above the Construction median (#30 of 1782)
No single metric tells the full story. See the XKLS:7609 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ajiya Bhd is an investment holding. The principal activities include manufacturing and trading of roofing materials, manufacturing and trading of all kinds of glass, trading of building materials and investment holding. Its products are classified in two categories: Metal Division Metal roofing system, PU green series, steel truss system, structural products, metal door and window frame, metal sunshade/louvres, metal ceiling, and IBS-aligned building solutions: Glass Division Safety glass, tempered glass, laminated glass, Low-E coated glass, and Insulated Glass Units (IGU) for architectural and construction applications While it also has its presence in Thailand and Malaysia, Majority of its revenue is earned through the Malaysian market.
63GF Score
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