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Tern Properties CoHKSE:00277 69 Quick Ratio is 20.52 as of Mar. 2026, which is 116% above its 10-year median of 9.52. GuruFocus rates HKSE:00277 with a GF Score™ of 69/100 and a GF Value™ of HK$1.72 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,795 Real Estate companies, Tern Properties Co ranks better than 97.44% on this metric.
Tern Properties Co (HKSE:00277) 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.
Tern Properties Co Quick Ratio Related Terms
Tern Properties Co Quick Ratio Historical Data
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The historical data trend for Tern Properties Co'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.
HKSE:00277 vs CBRE, BEKE, JLL: Quick Ratio Comparison
For the Real Estate Services subindustry, Tern Properties Co'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.
Tern Properties Co Quick Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Tern Properties Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Tern Properties Co'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.
Tern Properties Co's Quick Ratio for the fiscal year that ended in Mar. 2026 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.
Tern Properties Co (HKSE:00277) has a Quick Ratio of 20.52 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Tern Properties Co and its competitors. This is 116% above median its historical median of 9.52. Over the past decade, Tern Properties Co's Quick Ratio has ranged from 0.90 to 20.52. According to the industry distribution chart, Tern Properties Co ranks #46 out of 1795 companies in the Real Estate industry, placing it in the top 2.6%.
Is Tern Properties Co's Quick Ratio too high?
Tern Properties Co's current Quick Ratio of 20.52 is 116% above median its 10-year median of 9.52. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 20.52. The Real Estate industry median Quick Ratio is 0.84. Tern Properties Co's value of 20.52 is 2342.9% above this industry median. Based on the distribution chart, Tern Properties Co ranks #46 out of 1795 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Tern Properties Co has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tern Properties Co's Quick Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Tern Properties Co ranks #46 out of 1795 companies for Quick Ratio. This places Tern Properties Co in the top 3% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 0.84. Tern Properties Co's value of 20.52 is 2342.9% above this benchmark. Historically, Tern Properties Co's own Quick Ratio has ranged from 0.90 to 20.52 over the past decade. While the company's 10-year median is 9.52 vs. the industry median of 0.84, Tern Properties Co 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 Real Estate company?
The median Quick Ratio among Real Estate companies is 0.84, based on 1,795 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. Tern Properties Co's current Quick Ratio of 20.52 is 2342.9% 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 Tern Properties Co and its competitors. For the Real Estate industry, the median Quick Ratio is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tern Properties Co's current Quick Ratio is 20.52, which is 116% above median its own 10-year median of 9.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tern Properties Co stock overvalued right now?
Based on GuruFocus' analysis, Tern Properties Co (HKSE:00277) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$1.72, compared to a current price of HK$1.14 — trading 34% below its estimated fair value. The current Quick Ratio is 20.52, which is 116% above median its 10-year median of 9.52 and 2342.9% above the Real Estate industry median of 0.84. Tern Properties Co's overall GF Score™ is 69/100 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 Tern Properties Co (HKSE:00277), the current Quick Ratio is 20.52 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 Tern Properties Co (HKSE:00277) Overvalued in 2026?
Based on GuruFocus' analysis, Tern Properties Co stock appears to be undervalued.
The current stock price of HK$1.14 is trading 34% below its estimated GF Value™ of HK$1.72.
GuruFocus considers Tern Properties Co to be Significantly Undervalued.
Key valuation signals for HKSE:00277:
Quick Ratio: 20.52 (116% above median its 10-year median of 9.52)
GF Value™: HK$1.72 vs. price of HK$1.14 (34% below fair value)
Industry Position: 2342.9% above the Real Estate median (#46 of 1795)
No single metric tells the full story. See the HKSE:00277 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tern Properties Co Ltd is a Hong Kong-based company involved in the Property investment business where the company buys, sells, and leases properties as well as in the Treasury investment business where the company is engaged in investing in debt and equity securities. Geographically, the group principally operates in Hong Kong. The company generates key income from the Property investment business.
69GF Score
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