Tata Steel Thailand PCL (FRA:MVX) Quick Ratio: 4.20 (As of Mar. 2026) — 176% Above Median


FRA:MVX Tata Steel Thailand PCL FRA:MVX
52 GF Score
Price €0.02
GF Value €0.02
Valuation Fairly Valued
! 5 Warning Signs
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What is Tata Steel Thailand PCL Quick Ratio?

Tata Steel Thailand PCL FRA:MVX 52 Quick Ratio is 4.20 as of Mar. 2026, which is 176% above its 10-year median of 1.52. GuruFocus rates FRA:MVX with a GF Score™ of 52/100 and a GF Value™ of €0.02 (Fairly Valued). The stock has 5 warning signs investors should review. Among 639 Steel companies, Tata Steel Thailand PCL ranks better than 88.42% 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. Tata Steel Thailand PCL's quick ratio for the quarter that ended in Mar. 2026 was 4.20.

Tata Steel Thailand PCL has a quick ratio of 4.20. It generally indicates good short-term financial strength.

The historical rank and industry rank for Tata Steel Thailand PCL's Quick Ratio or its related term are showing as below:

FRA:MVX' s Quick Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.52   Max: 4.2
Current: 4.2

During the past 13 years, Tata Steel Thailand PCL's highest Quick Ratio was 4.20. The lowest was 0.61. And the median was 1.52.

FRA:MVX's Quick Ratio is ranked better than
88.42% of 639 companies
in the Steel industry
Industry Median: 1.02 vs FRA:MVX: 4.20

Tata Steel Thailand PCL  (FRA:MVX) 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.


Tata Steel Thailand PCL Quick Ratio Related Terms


Tata Steel Thailand PCL Quick Ratio Historical Data

* Premium members only.

The historical data trend for Tata Steel Thailand PCL'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.

Tata Steel Thailand PCL Quick Ratio Chart

Tata Steel Thailand PCL Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.03 2.65 3.26 3.15 4.20

Tata Steel Thailand PCL 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 3.15 4.26 3.86 5.72 4.20

FRA:MVX vs NUE, STLD, RS: Quick Ratio Comparison

For the Steel subindustry, Tata Steel Thailand PCL'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.


Tata Steel Thailand PCL Quick Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Tata Steel Thailand PCL's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Tata Steel Thailand PCL's Quick Ratio falls into.


FRA:MVX
52GF Score
Tata Steel Thailand PCL FRA:MVX
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tata Steel Thailand PCL 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.

Tata Steel Thailand PCL's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(295.714-83.79)/50.497
=4.20

Tata Steel Thailand PCL'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
=(295.714-83.79)/50.497
=4.20

* 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 4.20 mean?
Tata Steel Thailand PCL (FRA:MVX) has a Quick Ratio of 4.20 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Tata Steel Thailand PCL and its competitors. This is 176% above median its historical median of 1.52. Over the past decade, Tata Steel Thailand PCL's Quick Ratio has ranged from 0.61 to 4.20. According to the industry distribution chart, Tata Steel Thailand PCL ranks #74 out of 639 companies in the Steel industry, placing it in the top 11.6%.
Is Tata Steel Thailand PCL's Quick Ratio too high?
Tata Steel Thailand PCL's current Quick Ratio of 4.20 is 176% above median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 4.20. The Steel industry median Quick Ratio is 1.02. Tata Steel Thailand PCL's value of 4.20 is 311.8% above this industry median. Based on the distribution chart, Tata Steel Thailand PCL ranks #74 out of 639 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Tata Steel Thailand PCL has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tata Steel Thailand PCL's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Tata Steel Thailand PCL ranks #74 out of 639 companies for Quick Ratio. This places Tata Steel Thailand PCL in the top 12% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.02. Tata Steel Thailand PCL's value of 4.20 is 311.8% above this benchmark. Historically, Tata Steel Thailand PCL's own Quick Ratio has ranged from 0.61 to 4.20 over the past decade. While the company's 10-year median is 1.52 vs. the industry median of 1.02, Tata Steel Thailand PCL 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 a Steel company?
The median Quick Ratio among Steel companies is 1.02, based on 639 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. Tata Steel Thailand PCL's current Quick Ratio of 4.20 is 311.8% 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 Tata Steel Thailand PCL and its competitors. For the Steel industry, the median Quick Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tata Steel Thailand PCL's current Quick Ratio is 4.20, which is 176% above median its own 10-year median of 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tata Steel Thailand PCL stock overvalued right now?
Based on GuruFocus' analysis, Tata Steel Thailand PCL (FRA:MVX) is currently considered Fairly Valued. The stock's GF Value™ is €0.02, compared to a current price of €0.02 — trading 7.5% above its estimated fair value. The current Quick Ratio is 4.20, which is 176% above median its 10-year median of 1.52 and 311.8% above the Steel industry median of 1.02. Tata Steel Thailand PCL's overall GF Score™ is 52/100 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 Tata Steel Thailand PCL (FRA:MVX), the current Quick Ratio is 4.20 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 Tata Steel Thailand PCL (FRA:MVX) Overvalued in 2026?

Based on GuruFocus' analysis, Tata Steel Thailand PCL stock appears to be overvalued. The current stock price of €0.02 is trading 7.5% above its estimated GF Value™ of €0.02. GuruFocus considers Tata Steel Thailand PCL to be Fairly Valued.

Key valuation signals for FRA:MVX:

  • Quick Ratio: 4.20 (176% above median its 10-year median of 1.52)
  • GF Value™: €0.02 vs. price of €0.02 (7.5% above fair value)
  • GF Score™: 52/100 with 5 warning signs
  • Industry Position: 311.8% above the Steel median (#74 of 639)

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


Tata Steel Thailand PCL Business Description

Other Exchanges TSTH:ThailandMVX:Germany
Address Phaholyothin Road, No. 555, 20th Floor, Rasa One, Building B, Chatuchak Sub-district, Chatuchak District, Bangkok, THA, 10900
Tata Steel Thailand PCL is a Thailand-based holding company that is engaged in investing in other companies and providing management services. The company is engaged in manufacturing, rendering manufacturing services, distributing, and trading of steel bars, wire rods, and small-section products through its subsidiaries. The company operates in a single segment, being the Manufacturing and distribution of long steel products. Its product line includes rebar, deformed bar, round bar, cut and bend bars, wire rods, including high carbon wire rods and low carbon, special wire rods, and others.
52GF Score

Get the complete analysis for FRA:MVX

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

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