Draegerwerk AG KGaAHAM:DRW8 -0.28%75 Quick Ratio is 1.32 as of Mar. 2026, which is 5% above its 10-year median of 1.26. GuruFocus rates HAM:DRW8 with a GF Score™ of 75/100 and a GF Value™ of €47.88 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 855 Medical Devices & Instruments companies, Draegerwerk AG KGaA ranks worse than 65.26% on this metric.
Draegerwerk AG KGaA has a quick ratio of 1.32. It generally indicates good short-term financial strength.
The historical rank and industry rank for Draegerwerk AG KGaA's Quick Ratio or its related term are showing as below:
HAM:DRW8'
s Quick Ratio Range Over the Past 10 Years
Min: 0.94 Med: 1.26 Max: 1.51
Current: 1.32
During the past 13 years, Draegerwerk AG KGaA's highest Quick Ratio was 1.51. The lowest was 0.94. And the median was 1.26.
HAM:DRW8's Quick Ratio is ranked worse than 65.26% of 855
companies
in the Medical Devices & Instruments industry
Industry Median: 1.86
vs HAM:DRW8: 1.32
Draegerwerk AG KGaA (HAM:DRW8) 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.
Draegerwerk AG KGaA Quick Ratio Related Terms
Draegerwerk AG KGaA Quick Ratio Historical Data
* Premium members only.
The historical data trend for Draegerwerk AG KGaA'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.
For the Medical Devices subindustry, Draegerwerk AG KGaA'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.
Draegerwerk AG KGaA Quick Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Draegerwerk AG KGaA's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Draegerwerk AG KGaA'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.
Draegerwerk AG KGaA'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.
Draegerwerk AG KGaA (HAM:DRW8) has a Quick Ratio of 1.32 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Draegerwerk AG KGaA and its competitors. This is near median its historical median of 1.26. Over the past decade, Draegerwerk AG KGaA's Quick Ratio has ranged from 0.94 to 1.51. According to the industry distribution chart, Draegerwerk AG KGaA ranks #558 out of 855 companies in the Medical Devices & Instruments industry, placing it in the top 65.3%.
Is Draegerwerk AG KGaA's Quick Ratio too high?
Draegerwerk AG KGaA's current Quick Ratio of 1.32 is near median its 10-year median of 1.26. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 1.51. The Medical Devices & Instruments industry median Quick Ratio is 1.86. Draegerwerk AG KGaA's value of 1.32 is 29% below this industry median. Based on the distribution chart, Draegerwerk AG KGaA ranks #558 out of 855 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Draegerwerk AG KGaA has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Draegerwerk AG KGaA's Quick Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Draegerwerk AG KGaA ranks #558 out of 855 companies for Quick Ratio. This places Draegerwerk AG KGaA in the lower half of its industry. The industry median Quick Ratio is 1.86. Draegerwerk AG KGaA's value of 1.32 is 29% below this benchmark. Historically, Draegerwerk AG KGaA's own Quick Ratio has ranged from 0.94 to 1.51 over the past decade. While the company's 10-year median is 1.26 vs. the industry median of 1.86, Draegerwerk AG KGaA 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 Medical Devices & Instruments company?
The median Quick Ratio among Medical Devices & Instruments companies is 1.86, based on 855 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. Draegerwerk AG KGaA's current Quick Ratio of 1.32 is 29% 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 Draegerwerk AG KGaA and its competitors. For the Medical Devices & Instruments industry, the median Quick Ratio is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Draegerwerk AG KGaA's current Quick Ratio is 1.32, which is near median its own 10-year median of 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Draegerwerk AG KGaA stock overvalued right now?
Based on GuruFocus' analysis, Draegerwerk AG KGaA (HAM:DRW8) is currently considered Significantly Overvalued. The stock's GF Value™ is €47.88, compared to a current price of €70.20 — trading 46.6% above its estimated fair value. The current Quick Ratio is 1.32, which is near median its 10-year median of 1.26 and 29% below the Medical Devices & Instruments industry median of 1.86. Draegerwerk AG KGaA's overall GF Score™ is 75/100 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 Draegerwerk AG KGaA (HAM:DRW8), the current Quick Ratio is 1.32 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 Draegerwerk AG KGaA (HAM:DRW8) Overvalued in 2026?
Based on GuruFocus' analysis, Draegerwerk AG KGaA stock appears to be overvalued.
The current stock price of €70.20 is trading 46.6% above its estimated GF Value™ of €47.88.
GuruFocus considers Draegerwerk AG KGaA to be Significantly Overvalued.
Key valuation signals for HAM:DRW8:
Quick Ratio: 1.32 (near median its 10-year median of 1.26)
GF Value™: €47.88 vs. price of €70.20 (46.6% above fair value)
Industry Position: 29% below the Medical Devices & Instruments median (#558 of 855)
No single metric tells the full story. See the HAM:DRW8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Draegerwerk AG & Co KGaA develops medical and safety equipment for clinical and industrial applications. The firm operates in two segments: medical and safety. The medical division contributes the majority of revenue, it develops and produces system solutions, equipment, and services for the acute point of care, it has five business units Therapy, Hospital Consumables & Accessories, Workplace Infrastructure, Monitoring, and Data Business. Its safety division develops and produces devices, system solutions, and services for personal protection, gas detection, and integrated hazard management. Its geographical segments are Europe; Germany; the Americas; Africa, Asia, and Australia.
75GF Score
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