Magna Electro CastingsBOM:517449 +1.14%79 Quick Ratio is 1.97 as of Mar. 2026, which is 23% below its 10-year median of 2.55. GuruFocus rates BOM:517449 with a GF Score™ of 79/100 and a GF Value™ of ₹961.92 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 3,072 Industrial Products companies, Magna Electro Castings ranks better than 69.34% on this metric.
Magna Electro Castings has a quick ratio of 1.97. It generally indicates good short-term financial strength.
The historical rank and industry rank for Magna Electro Castings's Quick Ratio or its related term are showing as below:
BOM:517449'
s Quick Ratio Range Over the Past 10 Years
Min: 1.79 Med: 2.55 Max: 3.61
Current: 1.97
During the past 13 years, Magna Electro Castings's highest Quick Ratio was 3.61. The lowest was 1.79. And the median was 2.55.
BOM:517449's Quick Ratio is ranked better than 69.34% of 3072
companies
in the Industrial Products industry
Industry Median: 1.39
vs BOM:517449: 1.97
Magna Electro Castings (BOM:517449) 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.
Magna Electro Castings Quick Ratio Related Terms
Magna Electro Castings 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.
BOM:517449 vs CRS, ATI, MLI: Quick Ratio Comparison
For the Metal Fabrication subindustry, Magna Electro Castings'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.
Magna Electro Castings Quick Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Magna Electro Castings's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Magna Electro Castings'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.
Magna Electro Castings's Quick Ratio for the fiscal year that ended in Mar. 2026 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.
Magna Electro Castings (BOM:517449) has a Quick Ratio of 1.97 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Magna Electro Castings and its competitors. This is 23% below median its historical median of 2.55. Over the past decade, Magna Electro Castings' Quick Ratio has ranged from 1.79 to 3.61. According to the industry distribution chart, Magna Electro Castings ranks #942 out of 3072 companies in the Industrial Products industry, placing it in the top 30.7%.
Is Magna Electro Castings' Quick Ratio too high?
Magna Electro Castings' current Quick Ratio of 1.97 is 23% below median its 10-year median of 2.55. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 3.61. The Industrial Products industry median Quick Ratio is 1.39. Magna Electro Castings' value of 1.97 is 41.7% above this industry median. Based on the distribution chart, Magna Electro Castings ranks #942 out of 3072 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Magna Electro Castings has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Magna Electro Castings' Quick Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Magna Electro Castings ranks #942 out of 3072 companies for Quick Ratio. This puts Magna Electro Castings in the upper half of its industry. The industry median Quick Ratio is 1.39. Magna Electro Castings' value of 1.97 is 41.7% above this benchmark. Historically, Magna Electro Castings' own Quick Ratio has ranged from 1.79 to 3.61 over the past decade. While the company's 10-year median is 2.55 vs. the industry median of 1.39, Magna Electro Castings 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 an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,072 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. Magna Electro Castings's current Quick Ratio of 1.97 is 41.7% 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 Magna Electro Castings and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magna Electro Castings's current Quick Ratio is 1.97, which is 23% below median its own 10-year median of 2.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magna Electro Castings stock overvalued right now?
Based on GuruFocus' analysis, Magna Electro Castings (BOM:517449) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹961.92, compared to a current price of ₹1,231.85 — trading 28.1% above its estimated fair value. The current Quick Ratio is 1.97, which is 23% below median its 10-year median of 2.55 and 41.7% above the Industrial Products industry median of 1.39. Magna Electro Castings' overall GF Score™ is 79/100 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 Magna Electro Castings (BOM:517449), the current Quick Ratio is 1.97 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 Magna Electro Castings (BOM:517449) Overvalued in 2026?
Based on GuruFocus' analysis, Magna Electro Castings stock appears to be overvalued.
The current stock price of ₹1,231.85 is trading 28.1% above its estimated GF Value™ of ₹961.92.
GuruFocus considers Magna Electro Castings to be Modestly Overvalued.
Key valuation signals for BOM:517449:
Quick Ratio: 1.97 (23% below median its 10-year median of 2.55)
GF Value™: ₹961.92 vs. price of ₹1,231.85 (28.1% above fair value)
Industry Position: 41.7% above the Industrial Products median (#942 of 3072)
No single metric tells the full story. See the BOM:517449 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Magna Electro Castings Ltd is engaged in manufacturing and supplying ferrous components in small and medium volumes. The company specializes in the manufacture of Ductile Iron and Gray Iron castings including Grey Iron, SG (spheroidal graphite) iron, and other iron alloy castings-machined and unmachined steel components. The company also produces fully machined components. The company has the following divisions; the Foundry division; the Wind Energy Generation division; and the Solar Energy division. The company earns the majority of its revenue from the Foundry division.
79GF Score
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