Cherry SE (FRA:C3RY) Quick Ratio: 0.69 (As of Mar. 2026) — 47% Below Median


FRA:C3RY Cherry SE FRA:C3RY
46 GF Score
Price €0.31
GF Value €1.80
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Cherry SE Quick Ratio?

Cherry SE FRA:C3RY +3.32% 46 Quick Ratio is 0.69 as of Mar. 2026, which is 47% below its 10-year median of 1.31. GuruFocus rates FRA:C3RY with a GF Score™ of 46/100 and a GF Value™ of €1.80 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,496 Hardware companies, Cherry SE ranks worse than 87.46% 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. Cherry SE's quick ratio for the quarter that ended in Mar. 2026 was 0.69.

Cherry SE has a quick ratio of 0.69. It indicates that the company cannot currently fully pay back its current liabilities.

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

FRA:C3RY' s Quick Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.31   Max: 4.13
Current: 0.69

During the past 6 years, Cherry SE's highest Quick Ratio was 4.13. The lowest was 0.69. And the median was 1.31.

FRA:C3RY's Quick Ratio is ranked worse than
87.46% of 2496 companies
in the Hardware industry
Industry Median: 1.46 vs FRA:C3RY: 0.69

Cherry SE  (FRA:C3RY) 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.


Cherry SE Quick Ratio Related Terms


Cherry SE Quick Ratio Historical Data

* Premium members only.

The historical data trend for Cherry SE'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.

Cherry SE Quick Ratio Chart

Cherry SE Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Quick Ratio
Get a 7-Day Free Trial 1.07 4.02 2.37 0.88 0.92

Cherry SE Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 0.92 0.82 0.87 0.85 0.69

FRA:C3RY vs DELL, SNDK, ANET: Quick Ratio Comparison

For the Computer Hardware subindustry, Cherry SE'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.


Cherry SE Quick Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Cherry SE's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Cherry SE's Quick Ratio falls into.


FRA:C3RY
46GF Score
Cherry SE FRA:C3RY
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cherry SE 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.

Cherry SE's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Quick Ratio (A: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(93.842-53.684)/43.651
=0.92

Cherry SE'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
=(52.384-28.448)/34.737
=0.69

* 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 0.69 mean?
Cherry SE (FRA:C3RY) has a Quick Ratio of 0.69 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Cherry SE and its competitors. This is 47% below median its historical median of 1.31. Over the past decade, Cherry SE's Quick Ratio has ranged from 0.69 to 4.13. According to the industry distribution chart, Cherry SE ranks #2183 out of 2496 companies in the Hardware industry, placing it in the top 87.5%.
Is Cherry SE's Quick Ratio too high?
Cherry SE's current Quick Ratio of 0.69 is 47% below median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 4.13. The Hardware industry median Quick Ratio is 1.46. Cherry SE's value of 0.69 is 52.7% below this industry median. Based on the distribution chart, Cherry SE ranks #2183 out of 2496 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Cherry SE has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cherry SE's Quick Ratio compare to DELL and SNDK?
According to the Hardware industry distribution chart, Cherry SE ranks #2183 out of 2496 companies for Quick Ratio. This places Cherry SE in the lower half of its industry. The industry median Quick Ratio is 1.46. Cherry SE's value of 0.69 is 52.7% below this benchmark. Historically, Cherry SE's own Quick Ratio has ranged from 0.69 to 4.13 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 1.46, Cherry SE 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 a Hardware company?
The median Quick Ratio among Hardware companies is 1.46, based on 2,496 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. Cherry SE's current Quick Ratio of 0.69 is 52.7% 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 Cherry SE and its competitors. For the Hardware industry, the median Quick Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cherry SE's current Quick Ratio is 0.69, which is 47% below median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cherry SE stock overvalued right now?
Based on GuruFocus' analysis, Cherry SE (FRA:C3RY) is currently considered Possible Value Trap. The stock's GF Value™ is €1.80, compared to a current price of €0.31 — trading 82.7% below its estimated fair value. The current Quick Ratio is 0.69, which is 47% below median its 10-year median of 1.31 and 52.7% below the Hardware industry median of 1.46. Cherry SE's overall GF Score™ is 46/100 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 Cherry SE (FRA:C3RY), the current Quick Ratio is 0.69 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 Cherry SE (FRA:C3RY) Overvalued in 2026?

Based on GuruFocus' analysis, Cherry SE stock appears to be undervalued. The current stock price of €0.31 is trading 82.7% below its estimated GF Value™ of €1.80. GuruFocus considers Cherry SE to be Possible Value Trap.

Key valuation signals for FRA:C3RY:

  • Quick Ratio: 0.69 (47% below median its 10-year median of 1.31)
  • GF Value™: €1.80 vs. price of €0.31 (82.7% below fair value)
  • GF Score™: 46/100 with 3 warning signs
  • Industry Position: 52.7% below the Hardware median (#2183 of 2496)

No single metric tells the full story. See the FRA:C3RY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cherry SE Business Description

Other Exchanges C3RY:Germany
Address c/o Mindspace, Rosental 7, Munich, DEU, 80331
Cherry SE is a manufacturer of high-end mechanical keyboard switches and computer input devices such as keyboards, mice, microphones, and headsets for gaming and e-sports and (hybrid) office workstation applications as well as industrial applications and the healthcare sector. The product offerings of the company include USB-A / USB-C Adapters, Mice, Accessories, and other products. The company's activities are divided into three different business segments: Components segment; Gaming & Office Peripherals segment; and Digital Health & Solutions segment. It generates majority of its revenue from Gaming & Office Peripherals segment which includes the business with computer peripherals for professional use in gaming and e-sports as well as for use in (hybrid) office solutions and industry.
46GF Score

Get the complete analysis for FRA:C3RY

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

€0.31
Price
€1.80
GF Value