ITM Power (FRA:IJ8) Quick Ratio: 2.14 (As of Oct. 2025) — 37% Below Median


FRA:IJ8 ITM Power PLC FRA:IJ8
77 GF Score
Price €1.45
GF Value €2.15
Valuation Possible Value Trap
! 2 Warning Signs
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What is ITM Power Quick Ratio?

ITM Power FRA:IJ8 +0.07% 77 Quick Ratio is 2.14 as of Oct. 2025, which is 37% below its 10-year median of 3.39. GuruFocus rates FRA:IJ8 with a GF Score™ of 77/100 and a GF Value™ of €2.15 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 3,071 Industrial Products companies, ITM Power ranks better than 73.17% 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. ITM Power's quick ratio for the quarter that ended in Oct. 2025 was 2.14.

ITM Power has a quick ratio of 2.14. It generally indicates good short-term financial strength.

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

FRA:IJ8' s Quick Ratio Range Over the Past 10 Years
Min: 1.93   Med: 3.39   Max: 7.86
Current: 2.14

During the past 13 years, ITM Power's highest Quick Ratio was 7.86. The lowest was 1.93. And the median was 3.39.

FRA:IJ8's Quick Ratio is ranked better than
73.17% of 3071 companies
in the Industrial Products industry
Industry Median: 1.39 vs FRA:IJ8: 2.14

ITM Power  (FRA:IJ8) 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.


ITM Power Quick Ratio Related Terms


ITM Power Quick Ratio Historical Data

* Premium members only.

The historical data trend for ITM Power'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.

ITM Power Quick Ratio Chart

ITM Power Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.86 7.81 4.68 3.28 2.46

ITM Power Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
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 3.50 3.28 2.93 2.46 2.14

FRA:IJ8 vs GEV, ETN, PH: Quick Ratio Comparison

For the Specialty Industrial Machinery subindustry, ITM Power'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.


ITM Power Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, ITM Power's Quick Ratio distribution charts can be found below:

* The bar in red indicates where ITM Power's Quick Ratio falls into.


FRA:IJ8
77GF Score
ITM Power PLC FRA:IJ8
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ITM Power 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.

ITM Power's Quick Ratio for the fiscal year that ended in Apr. 2025 is calculated as

Quick Ratio (A: Apr. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(331.945-65.503)/108.177
=2.46

ITM Power's Quick Ratio for the quarter that ended in Oct. 2025 is calculated as

Quick Ratio (Q: Oct. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(317.677-58.629)/121.218
=2.14

* 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 2.14 mean?
ITM Power (FRA:IJ8) has a Quick Ratio of 2.14 as of Oct. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on ITM Power and its competitors. This is 37% below median its historical median of 3.39. Over the past decade, ITM Power's Quick Ratio has ranged from 1.93 to 7.86. According to the industry distribution chart, ITM Power ranks #824 out of 3071 companies in the Industrial Products industry, placing it in the top 26.8%.
Is ITM Power's Quick Ratio too high?
ITM Power's current Quick Ratio of 2.14 is 37% below median its 10-year median of 3.39. Over the past 10 years, this metric has ranged from a low of 1.93 to a high of 7.86. The Industrial Products industry median Quick Ratio is 1.39. ITM Power's value of 2.14 is 54% above this industry median. Based on the distribution chart, ITM Power ranks #824 out of 3071 companies in the Industrial Products industry, which is above the industry midpoint. Overall, ITM Power has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ITM Power's Quick Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, ITM Power ranks #824 out of 3071 companies for Quick Ratio. This puts ITM Power in the upper half of its industry. The industry median Quick Ratio is 1.39. ITM Power's value of 2.14 is 54% above this benchmark. Historically, ITM Power's own Quick Ratio has ranged from 1.93 to 7.86 over the past decade. While the company's 10-year median is 3.39 vs. the industry median of 1.39, ITM Power 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 3,071 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. ITM Power's current Quick Ratio of 2.14 is 54% 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 ITM Power 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. ITM Power's current Quick Ratio is 2.14, which is 37% below median its own 10-year median of 3.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITM Power stock overvalued right now?
Based on GuruFocus' analysis, ITM Power (FRA:IJ8) is currently considered Possible Value Trap. The stock's GF Value™ is €2.15, compared to a current price of €1.45 — trading 32.5% below its estimated fair value. The current Quick Ratio is 2.14, which is 37% below median its 10-year median of 3.39 and 54% above the Industrial Products industry median of 1.39. ITM Power's overall GF Score™ is 77/100 with 2 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 ITM Power (FRA:IJ8), the current Quick Ratio is 2.14 as of Oct. 2025. 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 ITM Power (FRA:IJ8) Overvalued in 2026?

Based on GuruFocus' analysis, ITM Power stock appears to be undervalued. The current stock price of €1.45 is trading 32.5% below its estimated GF Value™ of €2.15. GuruFocus considers ITM Power to be Possible Value Trap.

Key valuation signals for FRA:IJ8:

  • Quick Ratio: 2.14 (37% below median its 10-year median of 3.39)
  • GF Value™: €2.15 vs. price of €1.45 (32.5% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 54% above the Industrial Products median (#824 of 3071)

No single metric tells the full story. See the FRA:IJ8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ITM Power Business Description

Address 2 Bessemer Park, Shepcote Lane, Sheffield, GBR, S9 1DZ
ITM Power PLC designs and manufactures integrated hydrogen energy systems for energy storage and clean fuel production. The company is also involved in the research and development of scientific and engineering projects; the development and manufacture of prototype products; and the sale of electrolyzer products such as HGas, HFuel, HPac. It offers a range of services including construction, consulting, and other services. Its primary geographic markets are the United Kingdom, the Rest of Europe, Germany, and with maximum revenue from the United Kingdom.
77GF Score

Get the complete analysis for FRA:IJ8

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

€1.45
Price
€2.15
GF Value