M.C.S. Steel PCLBKK:MCS 68 Quick Ratio is 1.21 as of Mar. 2026, which is 15% above its 10-year median of 1.05. GuruFocus rates BKK:MCS with a GF Score™ of 68/100 and a GF Value™ of ฿6.51 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 638 Steel companies, M.C.S. Steel PCL ranks better than 59.87% on this metric.
M.C.S. Steel PCL has a quick ratio of 1.21. It generally indicates good short-term financial strength.
The historical rank and industry rank for M.C.S. Steel PCL's Quick Ratio or its related term are showing as below:
BKK:MCS'
s Quick Ratio Range Over the Past 10 Years
Min: 0.39 Med: 1.05 Max: 2.16
Current: 1.21
During the past 13 years, M.C.S. Steel PCL's highest Quick Ratio was 2.16. The lowest was 0.39. And the median was 1.05.
BKK:MCS's Quick Ratio is ranked better than 59.87% of 638
companies
in the Steel industry
Industry Median: 1.02
vs BKK:MCS: 1.21
M.C.S. Steel PCL (BKK:MCS) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
M.C.S. Steel PCL Quick Ratio Related Terms
M.C.S. Steel PCL Quick Ratio Historical Data
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The historical data trend for M.C.S. Steel PCL's Quick 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 Steel subindustry, M.C.S. Steel PCL's Quick Ratio, along with its competitors' market caps and Quick 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.
M.C.S. Steel PCL Quick Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, M.C.S. Steel PCL's Quick Ratio distribution charts can be found below:
* The bar in red indicates where M.C.S. Steel PCL's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
M.C.S. Steel PCL's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
M.C.S. Steel PCL (BKK:MCS) has a Quick Ratio of 1.21 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on M.C.S. Steel PCL and its competitors. This is 15% above median its historical median of 1.05. Over the past decade, M.C.S. Steel PCL's Quick Ratio has ranged from 0.39 to 2.16. According to the industry distribution chart, M.C.S. Steel PCL ranks #256 out of 638 companies in the Steel industry, placing it in the top 40.1%.
Is M.C.S. Steel PCL's Quick Ratio too high?
M.C.S. Steel PCL's current Quick Ratio of 1.21 is 15% above median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 2.16. The Steel industry median Quick Ratio is 1.02. M.C.S. Steel PCL's value of 1.21 is 18.6% above this industry median. Based on the distribution chart, M.C.S. Steel PCL ranks #256 out of 638 companies in the Steel industry, which is above the industry midpoint. Overall, M.C.S. Steel PCL has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does M.C.S. Steel PCL's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, M.C.S. Steel PCL ranks #256 out of 638 companies for Quick Ratio. This puts M.C.S. Steel PCL in the upper half of its industry. The industry median Quick Ratio is 1.02. M.C.S. Steel PCL's value of 1.21 is 18.6% above this benchmark. Historically, M.C.S. Steel PCL's own Quick Ratio has ranged from 0.39 to 2.16 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 1.02, M.C.S. Steel PCL 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 Quick Ratio for a Steel company?
The median Quick Ratio among Steel companies is 1.02, based on 638 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. M.C.S. Steel PCL's current Quick Ratio of 1.21 is 18.6% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on M.C.S. Steel PCL and its competitors. For the Steel industry, the median Quick Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M.C.S. Steel PCL's current Quick Ratio is 1.21, which is 15% above median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M.C.S. Steel PCL stock overvalued right now?
Based on GuruFocus' analysis, M.C.S. Steel PCL (BKK:MCS) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿6.51, compared to a current price of ฿7.65 — trading 17.5% above its estimated fair value. The current Quick Ratio is 1.21, which is 15% above median its 10-year median of 1.05 and 18.6% above the Steel industry median of 1.02. M.C.S. Steel PCL's overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For M.C.S. Steel PCL (BKK:MCS), the current Quick Ratio is 1.21 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 M.C.S. Steel PCL (BKK:MCS) Overvalued in 2026?
Based on GuruFocus' analysis, M.C.S. Steel PCL stock appears to be overvalued.
The current stock price of ฿7.65 is trading 17.5% above its estimated GF Value™ of ฿6.51.
GuruFocus considers M.C.S. Steel PCL to be Modestly Overvalued.
Key valuation signals for BKK:MCS:
Quick Ratio: 1.21 (15% above median its 10-year median of 1.05)
GF Value™: ฿6.51 vs. price of ฿7.65 (17.5% above fair value)
Industry Position: 18.6% above the Steel median (#256 of 638)
No single metric tells the full story. See the BKK:MCS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
M.C.S. Steel PCL is engaged in the production and distribution of structural steel products for building construction and residential development projects for sale. It provides and exports steel structure works for various projects. The company's services include engineering design, parts, and quality control. The company's product and services portfolio includes Fabrication and sale of structural steel of which substantial income is earned, Fabrication including installation of structural steel, and Rendering of services. The business operates in three geographical segments: Thailand, Japan, and China. Key revenue is earned from domestic sales.
68GF Score
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