Ferronordic ABCHIX:FNMS 83 Quick Ratio is 0.33 as of Mar. 2026, which is 49% below its 10-year median of 0.65. GuruFocus rates CHIX:FNMS with a GF Score™ of 83/100 and a GF Value™ of kr47.51. The stock has 7 warning signs investors should review. Among 156 Industrial Distribution companies, Ferronordic AB ranks worse than 97.44% 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. Ferronordic AB's quick ratio for the quarter that ended in Mar. 2026 was 0.33.
Ferronordic AB has a quick ratio of 0.33. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Ferronordic AB's Quick Ratio or its related term are showing as below:
CHIX:FNMs'
s Quick Ratio Range Over the Past 10 Years
Min: 0.3 Med: 0.65 Max: 2.31
Current: 0.33
During the past 13 years, Ferronordic AB's highest Quick Ratio was 2.31. The lowest was 0.30. And the median was 0.65.
CHIX:FNMs's Quick Ratio is ranked worse than 97.44% of 156
companies
in the Industrial Distribution industry
Industry Median: 1.21
vs CHIX:FNMs: 0.33
Ferronordic AB (CHIX:FNMs) 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.
Ferronordic AB Quick Ratio Related Terms
Ferronordic AB Quick Ratio Historical Data
* Premium members only.
The historical data trend for Ferronordic AB'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.
CHIX:FNMS vs GWW, FAST, FERG: Quick Ratio Comparison
For the Industrial Distribution subindustry, Ferronordic AB'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.
Ferronordic AB Quick Ratio vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Ferronordic AB's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Ferronordic AB'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.
Ferronordic AB'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.
Ferronordic AB (CHIX:FNMS) has a Quick Ratio of 0.33 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ferronordic AB and its competitors. This is 49% below median its historical median of 0.65. Over the past decade, Ferronordic AB's Quick Ratio has ranged from 0.30 to 2.31. According to the industry distribution chart, Ferronordic AB ranks #152 out of 156 companies in the Industrial Distribution industry, placing it in the top 97.4%.
Is Ferronordic AB's Quick Ratio too high?
Ferronordic AB's current Quick Ratio of 0.33 is 49% below median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 2.31. The Industrial Distribution industry median Quick Ratio is 1.21. Ferronordic AB's value of 0.33 is 72.7% below this industry median. Based on the distribution chart, Ferronordic AB ranks #152 out of 156 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers. Overall, Ferronordic AB has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Ferronordic AB's Quick Ratio compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Ferronordic AB ranks #152 out of 156 companies for Quick Ratio. This places Ferronordic AB in the lower half of its industry. The industry median Quick Ratio is 1.21. Ferronordic AB's value of 0.33 is 72.7% below this benchmark. Historically, Ferronordic AB's own Quick Ratio has ranged from 0.30 to 2.31 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 1.21, Ferronordic AB has consistently been below 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 Distribution company?
The median Quick Ratio among Industrial Distribution companies is 1.21, based on 156 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. Ferronordic AB's current Quick Ratio of 0.33 is 72.7% below 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 Ferronordic AB and its competitors. For the Industrial Distribution industry, the median Quick Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ferronordic AB's current Quick Ratio is 0.33, which is 49% below median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferronordic AB stock overvalued right now?
Ferronordic AB (CHIX:FNMS) has a current Quick Ratio of 0.33. The stock's GF Value™ is kr47.51, compared to a current price of kr45.90 — trading 3.4% below its estimated fair value. The current Quick Ratio is 0.33, which is 49% below median its 10-year median of 0.65 and 72.7% below the Industrial Distribution industry median of 1.21. Ferronordic AB's overall GF Score™ is 83/100 with 7 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 Ferronordic AB (CHIX:FNMS), the current Quick Ratio is 0.33 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 Ferronordic AB (CHIX:FNMS) Overvalued in 2026?
Based on GuruFocus' analysis, Ferronordic AB stock appears to be undervalued.
The current stock price of kr45.90 is trading 3.4% below its estimated GF Value™ of kr47.51.
Key valuation signals for CHIX:FNMS:
Quick Ratio: 0.33 (49% below median its 10-year median of 0.65)
GF Value™: kr47.51 vs. price of kr45.90 (3.4% below fair value)
Industry Position: 72.7% below the Industrial Distribution median (#152 of 156)
No single metric tells the full story. See the CHIX:FNMS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ferronordic AB is engaged in the sales, rents, and services of construction equipment and other machinery. The company is an authorized dealer of Volvo Construction Equipment, Terex Trucks, Dressta, Mecalac, and Rottne and has also been appointed as an aftermarket dealer for Volvo and Renault Trucks and a dealer for Volvo Penta. The group has three reporting segments: USA, Germany and Kazakhstan. The majority of the revenue is generated from the USA segment.
83GF Score
Get the complete analysis for CHIX:FNMS
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:FNMS has been successfully added to your 
