Aygaz ASIST:AYGAZ -0.71%56 Quick Ratio is 1.32 as of Mar. 2026, which is 45% above its 10-year median of 0.91. GuruFocus rates IST:AYGAZ with a GF Score™ of 56/100 and a GF Value™ of ₺146.45 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 510 Utilities - Regulated companies, Aygaz AS ranks better than 65.88% 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. Aygaz AS's quick ratio for the quarter that ended in Mar. 2026 was 1.32.
Aygaz AS has a quick ratio of 1.32. It generally indicates good short-term financial strength.
The historical rank and industry rank for Aygaz AS's Quick Ratio or its related term are showing as below:
IST:AYGAZ'
s Quick Ratio Range Over the Past 10 Years
Min: 0.68 Med: 0.91 Max: 1.35
Current: 1.32
During the past 13 years, Aygaz AS's highest Quick Ratio was 1.35. The lowest was 0.68. And the median was 0.91.
IST:AYGAZ's Quick Ratio is ranked better than 65.88% of 510
companies
in the Utilities - Regulated industry
Industry Median: 1.005
vs IST:AYGAZ: 1.32
Aygaz AS (IST:AYGAZ) 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.
Aygaz AS Quick Ratio Related Terms
Aygaz AS Quick Ratio Historical Data
* Premium members only.
The historical data trend for Aygaz AS'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 Utilities - Regulated Gas subindustry, Aygaz AS'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.
Aygaz AS Quick Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Aygaz AS's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Aygaz AS'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.
Aygaz AS'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.
Aygaz AS (IST:AYGAZ) 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 Aygaz AS and its competitors. This is 45% above median its historical median of 0.91. Over the past decade, Aygaz AS's Quick Ratio has ranged from 0.68 to 1.35. According to the industry distribution chart, Aygaz AS ranks #174 out of 510 companies in the Utilities - Regulated industry, placing it in the top 34.1%.
Is Aygaz AS's Quick Ratio too high?
Aygaz AS's current Quick Ratio of 1.32 is 45% above median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 1.35. The Utilities - Regulated industry median Quick Ratio is 1.01. Aygaz AS's value of 1.32 is 31.3% above this industry median. Based on the distribution chart, Aygaz AS ranks #174 out of 510 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Aygaz AS has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aygaz AS's Quick Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Aygaz AS ranks #174 out of 510 companies for Quick Ratio. This puts Aygaz AS in the upper half of its industry. The industry median Quick Ratio is 1.01. Aygaz AS's value of 1.32 is 31.3% above this benchmark. Historically, Aygaz AS's own Quick Ratio has ranged from 0.68 to 1.35 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 1.01, Aygaz AS 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 Utilities - Regulated company?
The median Quick Ratio among Utilities - Regulated companies is 1.01, based on 510 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. Aygaz AS's current Quick Ratio of 1.32 is 31.3% 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 Aygaz AS and its competitors. For the Utilities - Regulated industry, the median Quick Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aygaz AS's current Quick Ratio is 1.32, which is 45% above median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aygaz AS stock overvalued right now?
Based on GuruFocus' analysis, Aygaz AS (IST:AYGAZ) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺146.45, compared to a current price of ₺209.50 — trading 43.1% above its estimated fair value. The current Quick Ratio is 1.32, which is 45% above median its 10-year median of 0.91 and 31.3% above the Utilities - Regulated industry median of 1.01. Aygaz AS's overall GF Score™ is 56/100 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 Aygaz AS (IST:AYGAZ), 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 Aygaz AS (IST:AYGAZ) Overvalued in 2026?
Based on GuruFocus' analysis, Aygaz AS stock appears to be overvalued.
The current stock price of ₺209.50 is trading 43.1% above its estimated GF Value™ of ₺146.45.
GuruFocus considers Aygaz AS to be Significantly Overvalued.
Key valuation signals for IST:AYGAZ:
Quick Ratio: 1.32 (45% above median its 10-year median of 0.91)
GF Value™: ₺146.45 vs. price of ₺209.50 (43.1% above fair value)
Industry Position: 31.3% above the Utilities - Regulated median (#174 of 510)
No single metric tells the full story. See the IST:AYGAZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aygaz AS is a gas company engaged in the sale and distribution of liquefied petroleum gas, or LPG, and natural gas products in Turkey. The group has three operating segments which are LPG and gas, cargo transportation and distribution, petroleum products, and electricity. It generates the majority of its revenue from the LPG and gas segment.
56GF Score
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