MDX PCL (BKK:MDX) Quick Ratio: 10.66 (As of Mar. 2026) — 24% Above Median


BKK:MDX MDX PCL BKK:MDX
72 GF Score
Price ฿2.52
GF Value ฿3.90
Valuation Significantly Undervalued
! 3 Warning Signs
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What is MDX PCL Quick Ratio?

MDX PCL BKK:MDX -0.79% 72 Quick Ratio is 10.66 as of Mar. 2026, which is 24% above its 10-year median of 8.59. GuruFocus rates BKK:MDX with a GF Score™ of 72/100 and a GF Value™ of ฿3.90 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,790 Real Estate companies, MDX PCL ranks better than 95.31% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. MDX PCL's quick ratio for the quarter that ended in Mar. 2026 was 10.66.

MDX PCL has a quick ratio of 10.66. It generally indicates good short-term financial strength.

The historical rank and industry rank for MDX PCL's Quick Ratio or its related term are showing as below:

BKK:MDX' s Quick Ratio Range Over the Past 10 Years
Min: 1.49   Med: 8.59   Max: 14.91
Current: 10.66

During the past 13 years, MDX PCL's highest Quick Ratio was 14.91. The lowest was 1.49. And the median was 8.59.

BKK:MDX's Quick Ratio is ranked better than
95.31% of 1790 companies
in the Real Estate industry
Industry Median: 0.845 vs BKK:MDX: 10.66

MDX PCL  (BKK:MDX) 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.


MDX PCL Quick Ratio Related Terms


MDX PCL Quick Ratio Historical Data

* Premium members only.

The historical data trend for MDX 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.

MDX PCL Quick Ratio Chart

MDX PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.59 12.44 12.17 9.98 9.66

MDX PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.56 8.94 10.06 9.66 10.66

MDX PCL Quick Ratio Competitor Comparison

For the Real Estate - Development subindustry, MDX 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.


MDX PCL Quick Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, MDX PCL's Quick Ratio distribution charts can be found below:

* The bar in red indicates where MDX PCL's Quick Ratio falls into.


BKK:MDX
72GF Score
MDX PCL BKK:MDX
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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MDX PCL Quick Ratio Calculation

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.

MDX PCL's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(3930.373-499.9)/354.983
=9.66

MDX PCL's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(4027.877-505.647)/330.523
=10.66

* 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 Quick Ratio →
What does a Quick Ratio of 10.66 mean?
MDX PCL (BKK:MDX) has a Quick Ratio of 10.66 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on MDX PCL and its competitors. This is 24% above median its historical median of 8.59. Over the past decade, MDX PCL's Quick Ratio has ranged from 1.49 to 14.91. According to the industry distribution chart, MDX PCL ranks #84 out of 1790 companies in the Real Estate industry, placing it in the top 4.7%.
Is MDX PCL's Quick Ratio too high?
MDX PCL's current Quick Ratio of 10.66 is 24% above median its 10-year median of 8.59. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 14.91. The Real Estate industry median Quick Ratio is 0.85. MDX PCL's value of 10.66 is 1161.5% above this industry median. Based on the distribution chart, MDX PCL ranks #84 out of 1790 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, MDX PCL has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MDX PCL's Quick Ratio compare to competitors?
According to the Real Estate industry distribution chart, MDX PCL ranks #84 out of 1790 companies for Quick Ratio. This places MDX PCL in the top 5% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 0.85. MDX PCL's value of 10.66 is 1161.5% above this benchmark. Historically, MDX PCL's own Quick Ratio has ranged from 1.49 to 14.91 over the past decade. While the company's 10-year median is 8.59 vs. the industry median of 0.85, MDX 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 Real Estate company?
The median Quick Ratio among Real Estate companies is 0.85, based on 1,790 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. MDX PCL's current Quick Ratio of 10.66 is 1161.5% 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 MDX PCL and its competitors. For the Real Estate industry, the median Quick Ratio is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MDX PCL's current Quick Ratio is 10.66, which is 24% above median its own 10-year median of 8.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MDX PCL stock overvalued right now?
Based on GuruFocus' analysis, MDX PCL (BKK:MDX) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿3.90, compared to a current price of ฿2.52 — trading 35.4% below its estimated fair value. The current Quick Ratio is 10.66, which is 24% above median its 10-year median of 8.59 and 1161.5% above the Real Estate industry median of 0.85. MDX PCL's overall GF Score™ is 72/100 with 3 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 MDX PCL (BKK:MDX), the current Quick Ratio is 10.66 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 MDX PCL (BKK:MDX) Overvalued in 2026?

Based on GuruFocus' analysis, MDX PCL stock appears to be undervalued. The current stock price of ฿2.52 is trading 35.4% below its estimated GF Value™ of ฿3.90. GuruFocus considers MDX PCL to be Significantly Undervalued.

Key valuation signals for BKK:MDX:

  • Quick Ratio: 10.66 (24% above median its 10-year median of 8.59)
  • GF Value™: ฿3.90 vs. price of ฿2.52 (35.4% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 1161.5% above the Real Estate median (#84 of 1790)

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


MDX PCL Business Description

Address 199 Ratchadapisek Road, 12A Floor, Column Tower Building, Klongtoey, Bangkok, THA, 10110
MDX PCL is engaged in the investment and development of real estate and basic infrastructure projects. Through its subsidiaries, the company is also involved in investing in power plant projects and the distribution of electrical power. It operates in three business segments: the real estate segment, which generates maximum revenue, electricity generation, and others. Further, the real estate segment has two parts: sale of land and rental and utility services.
72GF Score

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

฿2.52
Price
฿3.90
GF Value