Unimit Engineering PCL has a quick ratio of 5.69. It generally indicates good short-term financial strength.
The historical rank and industry rank for Unimit Engineering PCL's Quick Ratio or its related term are showing as below:
BKK:UEC-R'
s Quick Ratio Range Over the Past 10 Years
Min: 3.36 Med: 6.62 Max: 14.12
Current: 5.69
During the past 13 years, Unimit Engineering PCL's highest Quick Ratio was 14.12. The lowest was 3.36. And the median was 6.62.
BKK:UEC-R's Quick Ratio is ranked better than 92.32% of 638
companies
in the Steel industry
Industry Median: 1.02
vs BKK:UEC-R: 5.69
Unimit Engineering PCL (BKK:UEC-R) 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.
Unimit Engineering PCL Quick Ratio Related Terms
Unimit Engineering PCL Quick Ratio Historical Data
* 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.
BKK:UEC-R vs NUE, STLD, RS: Quick Ratio Comparison
For the Steel subindustry, Unimit Engineering 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.
Unimit Engineering PCL Quick Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Unimit Engineering PCL's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Unimit Engineering 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.
Unimit Engineering 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.
Unimit Engineering PCL (BKK:UEC-R) has a Quick Ratio of 5.69 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Unimit Engineering PCL and its competitors. This is 14% below median its historical median of 6.62. Over the past decade, Unimit Engineering PCL's Quick Ratio has ranged from 3.36 to 14.12. According to the industry distribution chart, Unimit Engineering PCL ranks #49 out of 638 companies in the Steel industry, placing it in the top 7.7%.
Is Unimit Engineering PCL's Quick Ratio too high?
Unimit Engineering PCL's current Quick Ratio of 5.69 is 14% below median its 10-year median of 6.62. Over the past 10 years, this metric has ranged from a low of 3.36 to a high of 14.12. The Steel industry median Quick Ratio is 1.02. Unimit Engineering PCL's value of 5.69 is 457.8% above this industry median. Based on the distribution chart, Unimit Engineering PCL ranks #49 out of 638 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Unimit Engineering PCL has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Unimit Engineering PCL's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Unimit Engineering PCL ranks #49 out of 638 companies for Quick Ratio. This places Unimit Engineering PCL in the top 8% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.02. Unimit Engineering PCL's value of 5.69 is 457.8% above this benchmark. Historically, Unimit Engineering PCL's own Quick Ratio has ranged from 3.36 to 14.12 over the past decade. While the company's 10-year median is 6.62 vs. the industry median of 1.02, Unimit Engineering 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. Unimit Engineering PCL's current Quick Ratio of 5.69 is 457.8% 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 Unimit Engineering 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. Unimit Engineering PCL's current Quick Ratio is 5.69, which is 14% below median its own 10-year median of 6.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unimit Engineering PCL stock overvalued right now?
Unimit Engineering PCL (BKK:UEC-R) has a current Quick Ratio of 5.69. The stock's GF Value™ is ฿0.56, compared to a current price of ฿0.62 — trading 10.7% above its estimated fair value. The current Quick Ratio is 5.69, which is 14% below median its 10-year median of 6.62 and 457.8% above the Steel industry median of 1.02. Unimit Engineering PCL's overall GF Score™ is 49/100 with 8 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 Unimit Engineering PCL (BKK:UEC-R), the current Quick Ratio is 5.69 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 Unimit Engineering PCL (BKK:UEC-R) Overvalued in 2026?
Based on GuruFocus' analysis, Unimit Engineering PCL stock appears to be overvalued.
The current stock price of ฿0.62 is trading 10.7% above its estimated GF Value™ of ฿0.56.
Key valuation signals for BKK:UEC-R:
Quick Ratio: 5.69 (14% below median its 10-year median of 6.62)
GF Value™: ฿0.56 vs. price of ฿0.62 (10.7% above fair value)
Industry Position: 457.8% above the Steel median (#49 of 638)
No single metric tells the full story. See the BKK:UEC-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Unimit Engineering PCL is engaged in designing, shop fabrication, field installation, and erection of steel products and construction works such as pressurized equipment and vessels, non-pressure storage, mechanical parts, and piping systems. Its products include Pressure Vessels; Machinery Parts; Storage Tanks; Structure/Piping; and Mechanical Installation. The Group is principally engaged in the steel products. Geographically, the company derives maximum revenue from the domestic market and also exports its products to other regions.
49GF Score
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