Evolution PowerX (FRA:3EO) Quick Ratio: 3.16 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:3EO Evolution PowerX Corp FRA:3EO
81 GF Score
Price €0.98
GF Value €0.81
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Evolution PowerX Quick Ratio?

Evolution PowerX FRA:3EO -1.05% 81 Quick Ratio is 3.16 as of Mar. 2026, which is 5% above its 10-year median of 3.01. GuruFocus rates FRA:3EO with a GF Score™ of 81/100 and a GF Value™ of €0.81 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,020 Oil & Gas companies, Evolution PowerX ranks better than 83.14% 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. Evolution PowerX's quick ratio for the quarter that ended in Mar. 2026 was 3.16.

Evolution PowerX has a quick ratio of 3.16. It generally indicates good short-term financial strength.

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

FRA:3EO' s Quick Ratio Range Over the Past 10 Years
Min: 0.49   Med: 3.01   Max: 8.39
Current: 3.16

During the past 13 years, Evolution PowerX's highest Quick Ratio was 8.39. The lowest was 0.49. And the median was 3.01.

FRA:3EO's Quick Ratio is ranked better than
83.14% of 1020 companies
in the Oil & Gas industry
Industry Median: 1.13 vs FRA:3EO: 3.16

Evolution PowerX  (FRA:3EO) 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.


Evolution PowerX Quick Ratio Related Terms


Evolution PowerX Quick Ratio Historical Data

* Premium members only.

The historical data trend for Evolution PowerX'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.

Evolution PowerX Quick Ratio Chart

Evolution PowerX 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 2.40 3.69 3.40 8.38 2.24

Evolution PowerX 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 4.87 1.70 2.42 2.24 3.16

FRA:3EO vs SLB, BKR, FTI: Quick Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Evolution PowerX'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.


Evolution PowerX Quick Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Evolution PowerX's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Evolution PowerX's Quick Ratio falls into.


FRA:3EO
81GF Score
Evolution PowerX Corp FRA:3EO
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Evolution PowerX 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.

Evolution PowerX'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
=(12.857-0.696)/5.424
=2.24

Evolution PowerX'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
=(15.897-0.729)/4.8
=3.16

* 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 3.16 mean?
Evolution PowerX (FRA:3EO) has a Quick Ratio of 3.16 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Evolution PowerX and its competitors. This is near median its historical median of 3.01. Over the past decade, Evolution PowerX's Quick Ratio has ranged from 0.49 to 8.39. According to the industry distribution chart, Evolution PowerX ranks #172 out of 1020 companies in the Oil & Gas industry, placing it in the top 16.9%.
Is Evolution PowerX's Quick Ratio too high?
Evolution PowerX's current Quick Ratio of 3.16 is near median its 10-year median of 3.01. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 8.39. The Oil & Gas industry median Quick Ratio is 1.13. Evolution PowerX's value of 3.16 is 179.6% above this industry median. Based on the distribution chart, Evolution PowerX ranks #172 out of 1020 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Evolution PowerX has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Evolution PowerX's Quick Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Evolution PowerX ranks #172 out of 1020 companies for Quick Ratio. This places Evolution PowerX in the top 17% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.13. Evolution PowerX's value of 3.16 is 179.6% above this benchmark. Historically, Evolution PowerX's own Quick Ratio has ranged from 0.49 to 8.39 over the past decade. While the company's 10-year median is 3.01 vs. the industry median of 1.13, Evolution PowerX 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 Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.13, based on 1,020 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. Evolution PowerX's current Quick Ratio of 3.16 is 179.6% 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 Evolution PowerX and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evolution PowerX's current Quick Ratio is 3.16, which is near median its own 10-year median of 3.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evolution PowerX stock overvalued right now?
Based on GuruFocus' analysis, Evolution PowerX (FRA:3EO) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.81, compared to a current price of €0.98 — trading 21.6% above its estimated fair value. The current Quick Ratio is 3.16, which is near median its 10-year median of 3.01 and 179.6% above the Oil & Gas industry median of 1.13. Evolution PowerX's overall GF Score™ is 81/100 with 9 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 Evolution PowerX (FRA:3EO), the current Quick Ratio is 3.16 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 Evolution PowerX (FRA:3EO) Overvalued in 2026?

Based on GuruFocus' analysis, Evolution PowerX stock appears to be overvalued. The current stock price of €0.98 is trading 21.6% above its estimated GF Value™ of €0.81. GuruFocus considers Evolution PowerX to be Modestly Overvalued.

Key valuation signals for FRA:3EO:

  • Quick Ratio: 3.16 (near median its 10-year median of 3.01)
  • GF Value™: €0.81 vs. price of €0.98 (21.6% above fair value)
  • GF Score™: 81/100 with 9 warning signs
  • Industry Position: 179.6% above the Oil & Gas median (#172 of 1020)

No single metric tells the full story. See the FRA:3EO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Evolution PowerX Business Description

Industry EnergyOil & Gas
Other Exchanges ETOLF:USAE:Canada
Address 340 Circle Drive, Suite 200, St. Albert, AB, CAN, T8N 7L5
Enterprise Group Inc is a consolidator of services-including specialized equipment rental to the energy/resource sector. The Company works with particular emphasis on systems and technologies that mitigate, reduce, or eliminate CO2 and Greenhouse Gas and other harmful emissions for itself and its clients.
81GF Score

Get the complete analysis for FRA:3EO

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

€0.98
Price
€0.81
GF Value