TransMedics GroupHAM:8T8 -9.99%69 Quick Ratio is 6.19 as of Mar. 2026, which is 18% below its 10-year median of 7.52. GuruFocus rates HAM:8T8 with a GF Score™ of 69/100 and a GF Value™ of €162.08. The stock has 9 warning signs investors should review. Among 854 Medical Devices & Instruments companies, TransMedics Group ranks better than 87.35% on this metric.
TransMedics Group has a quick ratio of 6.19. It generally indicates good short-term financial strength.
The historical rank and industry rank for TransMedics Group's Quick Ratio or its related term are showing as below:
HAM:8T8'
s Quick Ratio Range Over the Past 10 Years
Min: 1.16 Med: 7.52 Max: 19.74
Current: 6.19
During the past 10 years, TransMedics Group's highest Quick Ratio was 19.74. The lowest was 1.16. And the median was 7.52.
HAM:8T8's Quick Ratio is ranked better than 87.35% of 854
companies
in the Medical Devices & Instruments industry
Industry Median: 1.865
vs HAM:8T8: 6.19
TransMedics Group (HAM:8T8) 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.
TransMedics Group Quick Ratio Related Terms
TransMedics Group Quick Ratio Historical Data
* Premium members only.
The historical data trend for TransMedics Group'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.
HAM:8T8 vs AXGN, BFLY, ESTA: Quick Ratio Comparison
For the Medical Devices subindustry, TransMedics Group'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.
TransMedics Group Quick Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, TransMedics Group's Quick Ratio distribution charts can be found below:
* The bar in red indicates where TransMedics Group'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.
TransMedics Group'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.
TransMedics Group (HAM:8T8) has a Quick Ratio of 6.19 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on TransMedics Group and its competitors. This is 18% below median its historical median of 7.52. Over the past decade, TransMedics Group's Quick Ratio has ranged from 1.16 to 19.74. According to the industry distribution chart, TransMedics Group ranks #108 out of 854 companies in the Medical Devices & Instruments industry, placing it in the top 12.6%.
Is TransMedics Group's Quick Ratio too high?
TransMedics Group's current Quick Ratio of 6.19 is 18% below median its 10-year median of 7.52. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 19.74. The Medical Devices & Instruments industry median Quick Ratio is 1.87. TransMedics Group's value of 6.19 is 231.9% above this industry median. Based on the distribution chart, TransMedics Group ranks #108 out of 854 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, TransMedics Group has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does TransMedics Group's Quick Ratio compare to AXGN and BFLY?
According to the Medical Devices & Instruments industry distribution chart, TransMedics Group ranks #108 out of 854 companies for Quick Ratio. This places TransMedics Group in the top 13% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.87. TransMedics Group's value of 6.19 is 231.9% above this benchmark. Historically, TransMedics Group's own Quick Ratio has ranged from 1.16 to 19.74 over the past decade. While the company's 10-year median is 7.52 vs. the industry median of 1.87, TransMedics Group 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 Medical Devices & Instruments company?
The median Quick Ratio among Medical Devices & Instruments companies is 1.87, based on 854 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. TransMedics Group's current Quick Ratio of 6.19 is 231.9% 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 TransMedics Group and its competitors. For the Medical Devices & Instruments industry, the median Quick Ratio is 1.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TransMedics Group's current Quick Ratio is 6.19, which is 18% below median its own 10-year median of 7.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TransMedics Group stock overvalued right now?
TransMedics Group (HAM:8T8) has a current Quick Ratio of 6.19. The stock's GF Value™ is €162.08, compared to a current price of €60.02 — trading 63% below its estimated fair value. The current Quick Ratio is 6.19, which is 18% below median its 10-year median of 7.52 and 231.9% above the Medical Devices & Instruments industry median of 1.87. TransMedics Group's overall GF Score™ is 69/100 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 TransMedics Group (HAM:8T8), the current Quick Ratio is 6.19 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 TransMedics Group (HAM:8T8) Overvalued in 2026?
Based on GuruFocus' analysis, TransMedics Group stock appears to be undervalued.
The current stock price of €60.02 is trading 63% below its estimated GF Value™ of €162.08.
Key valuation signals for HAM:8T8:
Quick Ratio: 6.19 (18% below median its 10-year median of 7.52)
GF Value™: €162.08 vs. price of €60.02 (63% below fair value)
Industry Position: 231.9% above the Medical Devices & Instruments median (#108 of 854)
No single metric tells the full story. See the HAM:8T8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TransMedics Group Inc is a commercial-stage medical technology company transforming organ transplant therapy for end-stage organ failure patients across multiple disease states. It has developed the Organ Care System (OCS) to comprehensively address the limitations of cold storage. The OCS is a portable organ perfusion, optimization, and monitoring system that utilizes technology to replicate near-physiologic conditions for donor organs outside of the human body. The company has developed and is commercializing a proprietary system to preserve and deliver human organs for transplant in a near-physiologic condition to address the limitations of cold storage organ preservation.
69GF Score
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